Gentex Stock Net Income

GNTX Stock  USD 29.88  0.38  1.29%   
Gentex fundamentals help investors to digest information that contributes to Gentex's financial success or failures. It also enables traders to predict the movement of Gentex Stock. The fundamental analysis module provides a way to measure Gentex's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Gentex stock.
Last ReportedProjected for Next Year
Net Income428.4 M449.8 M
Net Income Applicable To Common Shares366.6 M232.1 M
Net Income From Continuing Ops428.4 M343.6 M
Net Income Per Share 1.84  1.93 
Net Income Per E B T 0.85  0.57 
At this time, Gentex's Net Income is fairly stable compared to the past year. Net Income Per Share is likely to rise to 1.93 in 2024, whereas Net Income Applicable To Common Shares is likely to drop slightly above 232.1 M in 2024.
  
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Gentex Company Net Income Analysis

Gentex's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

More About Net Income | All Equity Analysis

Current Gentex Net Income

    
  428.4 M  
Most of Gentex's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Gentex is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Gentex Net Income Driver Correlations

Understanding the fundamental principles of building solid financial models for Gentex is extremely important. It helps to project a fair market value of Gentex Stock properly, considering its historical fundamentals such as Net Income. Since Gentex's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Gentex's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Gentex's interrelated accounts and indicators.

Gentex Net Income Historical Pattern

Today, most investors in Gentex Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Gentex's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's net income growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Gentex net income as a starting point in their analysis.
   Gentex Net Income   
       Timeline  
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Competition

Gentex Accumulated Other Comprehensive Income

Accumulated Other Comprehensive Income

(6.23 Million)

Gentex reported Accumulated Other Comprehensive Income of (6.56 Million) in 2023
Based on the recorded statements, Gentex reported net income of 428.4 M. This is 16.11% lower than that of the Automobile Components sector and 102.27% higher than that of the Consumer Discretionary industry. The net income for all United States stocks is 24.97% higher than that of the company.

Gentex Net Income Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Gentex's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Gentex could also be used in its relative valuation, which is a method of valuing Gentex by comparing valuation metrics of similar companies.
Gentex is currently under evaluation in net income category among its peers.

Gentex Current Valuation Drivers

We derive many important indicators used in calculating different scores of Gentex from analyzing Gentex's financial statements. These drivers represent accounts that assess Gentex's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Gentex's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap7.3B8.2B8.2B6.3B7.6B8.0B
Enterprise Value7.0B7.8B7.9B6.1B7.4B7.8B

Gentex ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Gentex's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Gentex's managers, analysts, and investors.
Environmental
Governance
Social

Gentex Institutional Holders

Institutional Holdings refers to the ownership stake in Gentex that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Gentex's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Gentex's value.
Shares
Td Asset Management Inc2024-09-30
5.1 M
Disciplined Growth Investors Inc2024-09-30
4.5 M
Dimensional Fund Advisors, Inc.2024-09-30
4.3 M
Cooke & Bieler Lp2024-09-30
3.9 M
Td Global Investment Solutions – Td Epoch2024-06-30
3.2 M
Bank Of New York Mellon Corp2024-06-30
2.7 M
Deutsche Bank Ag2024-06-30
2.5 M
Norges Bank2024-06-30
2.4 M
American Capital Management Inc2024-09-30
2.3 M
Vanguard Group Inc2024-09-30
21.8 M
Blackrock Inc2024-06-30
20.9 M

Gentex Fundamentals

About Gentex Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Gentex's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Gentex using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Gentex based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Additional Tools for Gentex Stock Analysis

When running Gentex's price analysis, check to measure Gentex's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Gentex is operating at the current time. Most of Gentex's value examination focuses on studying past and present price action to predict the probability of Gentex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gentex's price. Additionally, you may evaluate how the addition of Gentex to your portfolios can decrease your overall portfolio volatility.