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Gentex (Gentex) Cyclically Adjusted Price-to-FCF : 22.42 (As of May. 14, 2024)


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What is Gentex Cyclically Adjusted Price-to-FCF?

As of today (2024-05-14), Gentex's current share price is $34.75. Gentex's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $1.55. Gentex's Cyclically Adjusted Price-to-FCF for today is 22.42.

The historical rank and industry rank for Gentex's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

GNTX' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 16.3   Med: 29.1   Max: 45.12
Current: 22.42

During the past years, Gentex's highest Cyclically Adjusted Price-to-FCF was 45.12. The lowest was 16.30. And the median was 29.10.

GNTX's Cyclically Adjusted Price-to-FCF is ranked worse than
51.73% of 491 companies
in the Vehicles & Parts industry
Industry Median: 21.97 vs GNTX: 22.42

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Gentex's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $0.424. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is $1.55 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Gentex Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Gentex's Cyclically Adjusted Price-to-FCF 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 Cyclically Adjusted Price-to-FCF Chart

Gentex Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.91 29.47 25.81 18.70 21.18

Gentex Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Price-to-FCF 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 18.97 19.54 21.21 21.18 23.33

Competitive Comparison of Gentex's Cyclically Adjusted Price-to-FCF

For the Auto Parts subindustry, Gentex's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF 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 Cyclically Adjusted Price-to-FCF Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Gentex's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Gentex's Cyclically Adjusted Price-to-FCF falls into.



Gentex Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Gentex's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=34.75/1.55
=22.42

* 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.

Gentex's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Gentex's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.424/129.4194*129.4194
=0.424

Current CPI (Mar. 2024) = 129.4194.

Gentex Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.104 100.560 0.134
201409 0.224 100.428 0.289
201412 0.258 99.070 0.337
201503 0.311 99.621 0.404
201506 0.220 100.684 0.283
201509 0.212 100.392 0.273
201512 0.121 99.792 0.157
201603 0.452 100.470 0.582
201606 0.236 101.688 0.300
201609 0.222 101.861 0.282
201612 0.313 101.863 0.398
201703 0.357 102.862 0.449
201706 0.356 103.349 0.446
201709 0.206 104.136 0.256
201712 0.457 104.011 0.569
201803 0.437 105.290 0.537
201806 0.438 106.317 0.533
201809 0.335 106.507 0.407
201812 0.519 105.998 0.634
201903 0.452 107.251 0.545
201906 0.432 108.070 0.517
201909 0.387 108.329 0.462
201912 0.383 108.420 0.457
202003 0.548 108.902 0.651
202006 0.107 108.767 0.127
202009 0.537 109.815 0.633
202012 0.499 109.897 0.588
202103 0.738 111.754 0.855
202106 0.178 114.631 0.201
202109 0.145 115.734 0.162
202112 0.164 117.630 0.180
202203 0.395 121.301 0.421
202206 0.169 125.017 0.175
202209 -0.015 125.227 -0.016
202212 0.277 125.222 0.286
202303 0.335 127.348 0.340
202306 0.319 128.729 0.321
202309 0.411 129.860 0.410
202312 0.470 129.419 0.470
202403 0.424 129.419 0.424

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Gentex  (NAS:GNTX) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Gentex Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Gentex's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Gentex (Gentex) Business Description

Industry
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

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