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23.48 (1y: +9%)
Market Cap 3.32 B P/E(ttm) 20.30
Enterprise Value 2.8 B P/B 2.90
GNTX- NAS (USA)
Gentex Corporation
  • Currently 3/5
Business Predictability Rank: 3-Star
Back Testing Results:
Average gain of all 3-Star stocks: 8.2% per year.
% of Stocks that are in still loss if held for 10yrs: 11%.
Read more:
What is Predictability Rank?
Performances of real portfolio
Top Ranked Predictable Companies
$23.48
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GuruFocus Financial Strength Rank measures how strong a companyย’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 10/10

vs
industry		 vs
history
Cash to Debt No Debt
GNTX's Cash to Debt is ranked higher than
90% of the 1151 Companies
in the Global Auto Parts industry.

( Industry Median: 0.95 vs. GNTX: No Debt )
GNTX' s 10-Year Cash to Debt Range
Min: No Debt   Max: No Debt
Current: No Debt
Equity to Asset 0.886
GNTX's Equity to Asset is ranked higher than
99% of the 1151 Companies
in the Global Auto Parts industry.

( Industry Median: 0.48 vs. GNTX: 0.886 )
GNTX' s 10-Year Equity to Asset Range
Min: 0.87   Max: 0.95
Current: 0.89
0.87
0.95
Interest Coverage No Debt
GNTX's Interest Coverage is ranked higher than
86% of the 1151 Companies
in the Global Auto Parts industry.

( Industry Median: 7.60 vs. GNTX: No Debt )
GNTX' s 10-Year Interest Coverage Range
Min: No Debt   Max: No Debt
Current: No Debt
F-Score: 5
Z-Score: 14.7
M-Score: -3.01
GuruFocus Profitability Rank ranks how profitable a company is and how likely the companyย’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
ย•ย•3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rankย•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 7/10

vs
industry		 vs
history
Operating margin (%) 21.30
GNTX's Operating margin (%) is ranked higher than
98% of the 1151 Companies
in the Global Auto Parts industry.

( Industry Median: 4.50 vs. GNTX: 21.30 )
GNTX' s 10-Year Operating margin (%) Range
Min: 17.4   Max: 32.6
Current: 21.3
17.4
32.6
Net-margin (%) 15.3
GNTX's Net-margin (%) is ranked higher than
96% of the 1151 Companies
in the Global Auto Parts industry.

( Industry Median: 3.30 vs. GNTX: 15.3 )
GNTX' s 10-Year Net-margin (%) Range
Min: 10   Max: 24.8
Current: 15.3
10
24.8
ROE (%) 15
GNTX's ROE (%) is ranked higher than
86% of the 1151 Companies
in the Global Auto Parts industry.

( Industry Median: 7.00 vs. GNTX: 15 )
GNTX' s 10-Year ROE (%) Range
Min: 8.8   Max: 20.5
Current: 15
8.8
20.5
ROA (%) 13.3
GNTX's ROA (%) is ranked higher than
96% of the 1151 Companies
in the Global Auto Parts industry.

( Industry Median: 3.20 vs. GNTX: 13.3 )
GNTX' s 10-Year ROA (%) Range
Min: 7.9   Max: 19.2
Current: 13.3
7.9
19.2
ROC (Joel Greenblatt) (%) 42.20
GNTX's ROC (Joel Greenblatt) (%) is ranked higher than
93% of the 1151 Companies
in the Global Auto Parts industry.

( Industry Median: 11.70 vs. GNTX: 42.20 )
GNTX' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: 32.5   Max: 87.2
Current: 42.2
32.5
87.2
Revenue Growth (%) 17.9
GNTX's Revenue Growth (%) is ranked higher than
94% of the 1151 Companies
in the Global Auto Parts industry.

( Industry Median: 0.00 vs. GNTX: 17.9 )
GNTX' s 10-Year Revenue Growth (%) Range
Min: 0.8   Max: 17.9
Current: 17.9
0.8
17.9
EBITDA Growth (%) 19.5
GNTX's EBITDA Growth (%) is ranked higher than
91% of the 1151 Companies
in the Global Auto Parts industry.

( Industry Median: 0.00 vs. GNTX: 19.5 )
GNTX' s 10-Year EBITDA Growth (%) Range
Min: -1.7   Max: 19.5
Current: 19.5
-1.7
19.5
EPS Growth (%) 25.6
GNTX's EPS Growth (%) is ranked higher than
92% of the 1151 Companies
in the Global Auto Parts industry.

( Industry Median: 0.00 vs. GNTX: 25.6 )
GNTX' s 10-Year EPS Growth (%) Range
Min: -11   Max: 26.9
Current: 25.6
-11
26.9
ยป GNTX's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades
Q2 2012

GNTX Guru Trades in Q2 2012

Mario Gabelli 53,000 sh (+70.97%)
Pioneer Investments 363,660 sh (+10.96%)
Jean-Marie Eveillard 12,000 sh (unchged)
Paul Tudor Jones Sold Out
Jim Simons Sold Out
Chuck Royce 1,012,000 sh (-0.88%)
James Barrow 1,633,182 sh (-1.94%)
PRIMECAP Management 235,800 sh (-48.83%)
» More
Q3 2012

GNTX Guru Trades in Q3 2012

Jean-Marie Eveillard 32,000 sh (+166.67%)
Chuck Royce 1,938,600 sh (+91.56%)
Mario Gabelli 75,000 sh (+41.51%)
Pioneer Investments Sold Out
James Barrow 1,615,607 sh (-1.08%)
PRIMECAP Management 215,800 sh (-8.48%)
» More
Q4 2012

GNTX Guru Trades in Q4 2012

Joel Greenblatt 29,302 sh (New)
Jim Simons 532,198 sh (New)
Mario Gabelli 110,000 sh (+46.67%)
Jean-Marie Eveillard 32,000 sh (unchged)
James Barrow 1,596,457 sh (-1.19%)
Chuck Royce 1,745,200 sh (-9.98%)
PRIMECAP Management 185,800 sh (-13.9%)
» More
Q1 2013

GNTX Guru Trades in Q1 2013

Joel Greenblatt 308,484 sh (+952.77%)
Jim Simons 1,268,098 sh (+138.28%)
Chuck Royce 2,291,600 sh (+31.31%)
Mario Gabelli 125,200 sh (+13.82%)
Jean-Marie Eveillard 32,000 sh (unchged)
James Barrow 1,570,957 sh (-1.6%)
PRIMECAP Management 100,000 sh (-46.18%)
» More
» Details

Insider Trades

Latest Guru Trades with GNTX

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Joel Greenblatt 2013-03-31 Add 952.77%0.28%$18.37 - $20.3 $ 23.4822%308484
PRIMECAP Management 2013-03-31 Reduce -46.18%$18.37 - $20.3 $ 23.4822%100000
Joel Greenblatt 2012-12-31 New Buy0.03%$16.36 - $18.78 $ 23.4834%29302
Mario Gabelli 2012-12-31 Add 46.67%$16.36 - $18.78 $ 23.4834%110000
Jean-Marie Eveillard 2012-09-30 Add 166.67%$14.98 - $22.31 $ 23.4827%32000
Mario Gabelli 2012-09-30 Add 41.51%$14.98 - $22.31 $ 23.4827%75000
PRIMECAP Management 2012-06-30 Reduce -48.83%0.01%$19.61 - $25.23 $ 23.485%235800
Mario Gabelli 2012-06-30 Add 70.97%$19.61 - $25.23 $ 23.485%53000
Ron Baron 2012-03-31 Sold Out 0.2%$23.45 - $31.05 $ 23.48-7%0
PRIMECAP Management 2012-03-31 Reduce -68.52%0.05%$23.45 - $31.05 $ 23.48-7%460800
Mario Gabelli 2012-03-31 Add 40.91%$23.45 - $31.05 $ 23.48-7%31000
PRIMECAP Management 2011-12-31 Reduce -21.5%0.02%$23 - $31.4 $ 23.48-17%1463800
Mario Gabelli 2011-09-30 New Buy$22.02 - $31.62 $ 23.48-12%20000
Jean-Marie Eveillard 2011-09-30 New Buy$22.02 - $31.62 $ 23.48-12%10000
Ron Baron 2011-06-30 Add 63.97%0.07%$26.12 - $31.88 $ 23.48-20%992812
Ron Baron 2011-03-31 New Buy0.1%$27.09 - $33.5 $ 23.48-23%605500
James Barrow 2010-12-31 Reduce -38.92%0.07%$19.56 - $29.68 $ 23.480%1790722
Premium More recent guru trades are included for Premium Members only!!
ยป Financial Charts

Peter Lynch Chart

Ratios

vs
industry		 vs
history
P/E(ttm) 20.30
GNTX's P/E(ttm) is ranked lower than
51% of the 939 Companies
in the Global Auto Parts industry.

( Industry Median: 13.90 vs. GNTX: 20.30 )
GNTX' s 10-Year P/E(ttm) Range
Min: 9.85   Max: 124.75
Current: 20.3
9.85
124.75
P/B 2.90
GNTX's P/B is ranked lower than
67% of the 1036 Companies
in the Global Auto Parts industry.

( Industry Median: 1.22 vs. GNTX: 2.90 )
GNTX' s 10-Year P/B Range
Min: 1.37   Max: 8.27
Current: 2.9
1.37
8.27
P/S 3.13
GNTX's P/S is ranked lower than
70% of the 1086 Companies
in the Global Auto Parts industry.

( Industry Median: 0.54 vs. GNTX: 3.13 )
GNTX' s 10-Year P/S Range
Min: 1.53   Max: 10.55
Current: 3.13
1.53
10.55
PFCF 16.70
GNTX's PFCF is ranked higher than
59% of the 722 Companies
in the Global Auto Parts industry.

( Industry Median: 14.93 vs. GNTX: 16.70 )
GNTX' s 10-Year PFCF Range
Min: 12.19   Max: 222.21
Current: 16.7
12.19
222.21
EV-to-EBIT 12.2
GNTX's EV-to-EBIT is ranked higher than
62% of the 897 Companies
in the Global Auto Parts industry.

( Industry Median: 10.74 vs. GNTX: 12.2 )
GNTX' s 10-Year EV-to-EBIT Range
Min: 5.1   Max: 33.6
Current: 12.2
5.1
33.6
PEG 0.9
GNTX's PEG is ranked higher than
71% of the 424 Companies
in the Global Auto Parts industry.

( Industry Median: 1.00 vs. GNTX: 0.9 )
GNTX' s 10-Year PEG Range
Min: 0.71   Max: 18.86
Current: 0.9
0.71
18.86
Shiller P/E 26.1
GNTX's Shiller P/E is ranked lower than
100% of the Companies
in the Global Auto Parts industry.

( Industry Median: vs. GNTX: 26.1 )
GNTX' s 10-Year Shiller P/E Range
Min: 8.88   Max: 44.41
Current: 26.1
8.88
44.41

Dividend & Buy Back

vs
industry		 vs
history
Dividend Yield 2.26
GNTX's Dividend Yield is ranked higher than
73% of the 1151 Companies
in the Global Auto Parts industry.

( Industry Median: 1.30 vs. GNTX: 2.26 )
GNTX' s 10-Year Dividend Yield Range
Min: 0.35   Max: 6.03
Current: 2.26
0.35
6.03
Dividend Payout 0.4536
GNTX's Dividend Payout is ranked lower than
55% of the 637 Companies
in the Global Auto Parts industry.

( Industry Median: 0.30 vs. GNTX: 0.4536 )
GNTX' s 10-Year Dividend Payout Range
Min: 0.22   Max: 0.98
Current: 0.45
0.22
0.98
Dividend growth (3y) 4.3
GNTX's Dividend growth (3y) is ranked higher than
93% of the 1151 Companies
in the Global Auto Parts industry.

( Industry Median: 0.00 vs. GNTX: 4.3 )
GNTX' s 10-Year Dividend growth (3y) Range
Min: 0   Max: 25.3
Current: 4.3
0
25.3
Yield on cost (5-Year) 2.91
GNTX's Yield on cost (5-Year) is ranked higher than
79% of the 1151 Companies
in the Global Auto Parts industry.

( Industry Median: 1.28 vs. GNTX: 2.91 )
GNTX' s 10-Year Yield on cost (5-Year) Range
Min: 0.44   Max: 7.62
Current: 2.91
0.44
7.62
Share Buyback Rate -1.1
GNTX's Share Buyback Rate is ranked lower than
55% of the 1151 Companies
in the Global Auto Parts industry.

( Industry Median: 0.00 vs. GNTX: -1.1 )
GNTX' s 10-Year Share Buyback Rate Range
Min: 2.6   Max: -1.1
Current: -1.1

Valuation & Return

vs
industry		 vs
history
Price/Net Cash 11
GNTX's Price/Net Cash is ranked higher than
55% of the 119 Companies
in the Global Auto Parts industry.

( Industry Median: 8.70 vs. GNTX: 11 )
GNTX' s 10-Year Price/Net Cash Range
Min: 4.8   Max: 15.8
Current: 11
4.8
15.8
Price/Net Current Asset Value 20.4
GNTX's Price/Net Current Asset Value is ranked lower than
64% of the 926 Companies
in the Global Auto Parts industry.

( Industry Median: 4.30 vs. GNTX: 20.4 )
GNTX' s 10-Year Price/Net Current Asset Value Range
Min: 16.5   Max: 65.9
Current: 20.4
16.5
65.9
Price/Tangible Book 3.1
GNTX's Price/Tangible Book is ranked lower than
63% of the 952 Companies
in the Global Auto Parts industry.

( Industry Median: 1.40 vs. GNTX: 3.1 )
GNTX' s 10-Year Price/Tangible Book Range
Min: 1.8   Max: 5
Current: 3.1
1.8
5
Price/DCF (Projected) 1.5
GNTX's Price/DCF (Projected) is ranked higher than
59% of the 334 Companies
in the Global Auto Parts industry.

( Industry Median: 1.20 vs. GNTX: 1.5 )
GNTX' s 10-Year Price/DCF (Projected) Range
Min: 0.8   Max: 2.6
Current: 1.5
0.8
2.6
Price/Median PS Value 0.7
GNTX's Price/Median PS Value is ranked higher than
93% of the 983 Companies
in the Global Auto Parts industry.

( Industry Median: 1.10 vs. GNTX: 0.7 )
GNTX' s 10-Year Price/Median PS Value Range
Min: 0.4   Max: 1.6
Current: 0.7
0.4
1.6
Price/Peter Lynch Fair Value 0.9
GNTX's Price/Peter Lynch Fair Value is ranked higher than
63% of the 234 Companies
in the Global Auto Parts industry.

( Industry Median: 0.90 vs. GNTX: 0.9 )
GNTX' s 10-Year Price/Peter Lynch Fair Value Range
Min: 0.8   Max: 3.1
Current: 0.9
0.8
3.1
Price/Graham Number 1.7
GNTX's Price/Graham Number is ranked lower than
57% of the 825 Companies
in the Global Auto Parts industry.

( Industry Median: 1.00 vs. GNTX: 1.7 )
GNTX' s 10-Year Price/Graham Number Range
Min: 1.3   Max: 2.7
Current: 1.7
1.3
2.7
Earnings Yield (Greenblatt) 8.20
GNTX's Earnings Yield (Greenblatt) is ranked higher than
70% of the 1151 Companies
in the Global Auto Parts industry.

( Industry Median: 7.10 vs. GNTX: 8.20 )
GNTX' s 10-Year Earnings Yield (Greenblatt) Range
Min: 3   Max: 19.8
Current: 8.2
3
19.8
Forward Rate of Return (Yacktman) 24.15
GNTX's Forward Rate of Return (Yacktman) is ranked higher than
94% of the 1151 Companies
in the Global Auto Parts industry.

( Industry Median: 0.00 vs. GNTX: 24.15 )
GNTX' s 10-Year Forward Rate of Return (Yacktman) Range
Min: -1.9   Max: 25
Current: 24.15
-1.9
25

Business Description

Gentex Corporation was organized as a Michigan company in 1974 to manufacture residential smoke detectors, a product line that has since evolved into a more sophisticated group of fire protection products mainly for the commercial building industry. It currently designs, develops, manufactures and markets proprietary electro-optic products, including automatic-dimming rearview mirrors for the automotive industry and fire protection products mainly for the commercial building industry. The Company also manufactures variable dimmable windows for the aircraft industry and non automatic-dimming rearview automotive mirrors with electronic features for the automotive industry. In 1982, the Company introduced an automatic interior rearview mirror that was the first commercially successful glare-control product offered as an alternative to the conventional, manual day/night mirror. In 1987, the Company introduced its interior electrochromic mirror, providing the first successful commercial application of electrochromic (EC) technology in the automotive industry and world. Through the use of electrochromic technology, this mirror is continually variable and automatically darkens to the degree required to eliminate rearview mirror headlight glare. In 1991, the Company introduced its exterior electrochromic sub-assembly, which works as a complete glare-control system with the interior auto-dimming mirror. In 1997, the Company began making volume shipments of three new exterior mirror sub-assembly products: thin glass flat, convex and aspheric. Gentex manufactures approximately 60 different models of smoke alarms and smoke detectors, combined with over 150 different models of signaling appliances. All of the smoke detectors/alarms operate on a photoelectric principle to detect smoke. The fire protection products provide the flexibility to be wired as part of multiple-function systems and consequently are generally used in fire detection systems common to large office buildings, hotels, motels, military bases, college dormitories and other commercial establishments. However, Gentex also offers single-station alarms for both commercial and residential applications. The Company's fire protection products are sold directly to fire protection and security product distributors under the Company's brand name, to electrical wholesale houses, and to original equipment manufacturers of fire protection systems under both the Company's brand name and private labels. The fire protection products industry is competitive in terms of both the smoke detectors and signaling appliance markets. The Company estimates that it competes mainly with eleven manufacturers of smoke detection products for commercial use and approximately four manufacturers within the residential market, three of which produce photoelectric smoke detectors.
Company Website
SEC Reports
Industry: Auto Parts
Compare:WBC, BWA, PTAIY, DNZOY, ALV
Traded in other countries:GTX.Germany
ยป More Articles for GNTX

Headlines

Articles On GuruFocus.com
Solvent. Profitable Mar 02 2013 
comment on GNTX Oct 25 2012 
no debt. MS 5* under Apr 21 2012 
Guru Stocks Raising Dividends: FLS, GNTX, GPC, ABT, STR Mar 07 2011 
Weekly CEO Sells Highlight: RP, ROVI, GNTX, and RL Dec 18 2010 
Gentex Corp. (GNTX) Chairman of the Board & CEO Fred Bauer sells 100,000 Shares Dec 15 2010 
Gentex Corp. (GNTX) Chairman of the Board & CEO Fred Bauer sells 400,000 Shares Dec 14 2010 
Weekly CEO Sells Highlight: Gentex Corp, Amazon.com Inc, Synopsys Inc, Mattel Inc, and Agilent Techn Feb 21 2010 
Gentex Corp. (GNTX) Chairman of the Board & CEO Fred Bauer sells 500,000 Shares Feb 18 2010 
Gentex Corp. (GNTX) Chairman of the Board & CEO Fred Bauer sells 362,500 Shares Feb 16 2010 

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