GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Gentex Corp (NAS:GNTX) » Definitions » 10-Year RORE %

Gentex (Gentex) 10-Year RORE % : 8.73% (As of Dec. 2023)


View and export this data going back to 1990. Start your Free Trial

What is Gentex 10-Year RORE %?

Return on Retained Earnings (RORE) is an indicator of a company's growth potential, it shows how much a company earns by reinvesting its retained earnings, i.e. profits after dividend payments. Gentex's 10-Year RORE % for the quarter that ended in Dec. 2023 was 8.73%.

The industry rank for Gentex's 10-Year RORE % or its related term are showing as below:

GNTX's 10-Year RORE % is ranked better than
55.77% of 823 companies
in the Vehicles & Parts industry
Industry Median: 5.31 vs GNTX: 8.73

Gentex 10-Year RORE % Historical Data

The historical data trend for Gentex's 10-Year RORE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Gentex 10-Year RORE % Chart

Gentex Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
10-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.19 10.68 10.74 6.57 8.73

Gentex Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
10-Year RORE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.57 6.20 6.89 7.57 8.73

Competitive Comparison of Gentex's 10-Year RORE %

For the Auto Parts subindustry, Gentex's 10-Year RORE %, along with its competitors' market caps and 10-Year RORE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Gentex's 10-Year RORE % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Gentex's 10-Year RORE % distribution charts can be found below:

* The bar in red indicates where Gentex's 10-Year RORE % falls into.



Gentex 10-Year RORE % Calculation

Gentex's 10-Year RORE % for the quarter that ended in Dec. 2023 is calculated as:

10-Year RORE %=( Most Recent EPS (Diluted)- First Period EPS (Diluted) )/( Cumulative EPS (Diluted) for 10-year -Cumulative Dividends per Share for 10-year )
=( 1.84-0.98 )/( 14.06-4.21 )
=0.86/9.85
=8.73 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of 10-Year RORE %, the most recent and first period EPS (Diluted) is the trailing twelve months (TTM) data ended in Dec. 2023 and 10-year before.


Gentex  (NAS:GNTX) 10-Year RORE % Explanation

Return on Retained Earnings (RORE) is important to investors because it reveals a company's efficiency and growth potential. A higher RORE indicates a higher return. A high RORE indicates that the company should reinvest profits into the business. A lower RORE suggests that the company should distribute profits to shareholders by paying out dividends, since those dollars aren't generating much additional growth for the company.

There are a several different ways to arrive at the Return on Retained Earnings. The simplest way to calculate it is by using published information on Earnings per Share (EPS) and Dividend per Share (DPS) over a selected period. Here, 10-year period is chosen.

Be Aware

Please keep in mind that the RORE is relative to the nature of the business and its competitors. If another company in the same sector is producing a lower return on retained earnings, it doesn’t necessarily mean it’s a bad investment. It may just suggest the company is older and no longer in a high growth stage. At such a stage in the business cycle, it would be expected to see a lower RORE and higher dividend payout.


Gentex 10-Year RORE % Related Terms

Thank you for viewing the detailed overview of Gentex's 10-Year RORE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Gentex (Gentex) Business Description

Traded in Other Exchanges
Address
600 North Centennial Street, Zeeland, MI, USA, 49464
Gentex was founded in 1974 to produce smoke-detection equipment. The company sold its first glare-control interior mirror in 1982 and its first model using electrochromic technology in 1987. Automotive revenue is about 98% of total revenue. The company is constantly developing new applications for the technology to remain on top. Sales in 2022 totaled about $1.9 billion with 44.2 million mirrors shipped. The unit mix breaks out as 65% interior and 35% exterior, versus about 32% exterior in 2020. The company is based in Zeeland, Michigan.
Executives
Anderson Joseph B Jr director MERITOR, INC., 2135 WEST MAPLE ROAD, TROY MI 48084-7186
Kathleen Starkoff director 4304 SUNBURY ROAD, GALENA OH 43021-9318
Gary F Goode director 2801 EAST BELTLINE, N.E., GRAND RAPIDS MI 49525
James A Hollars director 23880 MESSINA COURT, BONITA SPRINGS FL 34134
Richard O Schaum director 388 WARREN COURT, BIRMINGHAM MI 48009
Neil Boehm officer: Chief Technology Officer 600 N. CENTENNIAL STREET, ZEELAND MI 49464
Scott P Ryan officer: General Counsel 7592 KIRKWOOD TRAIL SE, ALTO MI 49302
Steven R Downing officer: Chief Financial Officer 14814 CREEK EDGE DRIVE, HOLLAND MI 49424
James H Wallace director 2625 WYNDBEND BLVD, POWELL OH 43065
John A Mulder director 16680 LYONHURST CIRCLE, NORTHVILLE MI 48167
Ling Zang director 6291 SHENANDOAH PARK AVE, SALT LAKE CITY UT 84121
Matthew Chiodo officer: Vice President of Sales 600 N. CENTENNIAL STREET, ZEELAND MI 49464
Kevin C Nash officer: Chief Accounting Officer 2608 104TH AVENUE, ZEELAND MI 49464
Frederick A Sotok director
Brian C Walker director

Gentex (Gentex) Headlines

From GuruFocus

Dissecting the Dividend Dynamics of Gentex Corp (GNTX)

By GuruFocus Research 10-05-2023

Gentex Announces Second Quarter 2022 Cash Dividend

By GuruFocusNews GuruFocusNews 07-06-2022

Gentex Announces Investment and Collaboration Agreement With ADASKY

By sperokesalga sperokesalga 05-01-2023

Gentex Corp's Dividend Analysis

By GuruFocus Research 01-03-2024

Gentex to Open Production Facility in Grand Rapids

By Stock market mentor Stock market mentor 02-01-2023