GENC (Gencor Industries) ROE %: 10.24% (As of Jun. 2026) — 51% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

GENC Gencor Industries Inc GENC
95 GF Score
Price $19.02
GF Value $15.97
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is Gencor Industries ROE %?

Gencor Industries GENC -0.05% 95 ROE % is 10.24% as of Jun. 2026, which is 51% above its 10-year median of 6.78. GuruFocus rates GENC with a GF Score™ of 95/100 and a GF Value™ of $15.97 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 205 Farm & Heavy Construction Machinery companies, Gencor Industries ranks worse than 52.2% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Gencor Industries's annualized net income for the quarter that ended in Jun. 2026 was $22.7 Mil. Gencor Industries's average Total Stockholders Equity over the quarter that ended in Jun. 2026 was $221.9 Mil. Therefore, Gencor Industries's annualized ROE % for the quarter that ended in Jun. 2026 was 10.24%.

The historical rank and industry rank for Gencor Industries's ROE % or its related term are showing as below:

GENC' s ROE % Range Over the Past 10 Years
Min: -0.22   Med: 6.78   Max: 9.27
Current: 6.89

During the past 13 years, Gencor Industries's highest ROE % was 9.27%. The lowest was -0.22%. And the median was 6.78%.

GENC's ROE % is ranked worse than
52.2% of 205 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 7.47 vs GENC: 6.89

Gencor Industries  (AMEX:GENC) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Jun. 2026 )
=Net Income/Total Stockholders Equity
=22.732/221.928
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(22.732 / 135.22)*(135.22 / 238.023)*(238.023 / 221.928)
=Net Margin %*Asset Turnover*Equity Multiplier
=16.81 %*0.5681*1.0725
=ROA %*Equity Multiplier
=9.55 %*1.0725
=10.24 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Jun. 2026 )
=Net Income/Total Stockholders Equity
=22.732/221.928
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (22.732 / 28.876) * (28.876 / 23.208) * (23.208 / 135.22) * (135.22 / 238.023) * (238.023 / 221.928)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7872 * 1.2442 * 17.16 % * 0.5681 * 1.0725
=10.24 %

Note: The net income data used here is four times the quarterly (Jun. 2026) net income data. The Revenue data used here is four times the quarterly (Jun. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Gencor Industries ROE % Related Terms


Gencor Industries ROE % Historical Data

* Premium members only.

The historical data trend for Gencor Industries's ROE % 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.

Gencor Industries ROE % Chart

Gencor Industries Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.53 -0.22 8.42 7.71 7.68

Gencor Industries Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
ROE % 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 7.36 3.64 6.45 7.08 10.24

GENC vs BNC, XOS, SCAG: ROE % Comparison

For the Farm & Heavy Construction Machinery subindustry, Gencor Industries's ROE %, along with its competitors' market caps and ROE % 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.


Gencor Industries ROE % vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Gencor Industries's ROE % distribution charts can be found below:

* The bar in red indicates where Gencor Industries's ROE % falls into.


GENC
95GF Score
Gencor Industries Inc GENC
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Gencor Industries ROE % Calculation

Gencor Industries's annualized ROE % for the fiscal year that ended in Sep. 2025 is calculated as

ROE %=Net Income (A: Sep. 2025 )/( (Total Stockholders Equity (A: Sep. 2024 )+Total Stockholders Equity (A: Sep. 2025 ))/ count )
=15.661/( (196.141+211.802)/ 2 )
=15.661/203.9715
=7.68 %

Gencor Industries's annualized ROE % for the quarter that ended in Jun. 2026 is calculated as

ROE %=Net Income (Q: Jun. 2026 )/( (Total Stockholders Equity (Q: Mar. 2026 )+Total Stockholders Equity (Q: Jun. 2026 ))/ count )
=22.732/( (219.087+224.769)/ 2 )
=22.732/221.928
=10.24 %

* 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 annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Jun. 2026) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 10.24% mean?
Gencor Industries (GENC) has a ROE % of 10.24% as of Jun. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Gencor Industries and its competitors. This is 51% above median its historical median of 6.78. According to the industry distribution chart, Gencor Industries ranks #107 out of 205 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 52.2%.
Is Gencor Industries' ROE % too high?
Gencor Industries' current ROE % of 10.24% is 51% above median its 10-year median of 6.78. The Farm & Heavy Construction Machinery industry median ROE % is 7.47. Gencor Industries' value of 10.24% is 37.1% above this industry median. Based on the distribution chart, Gencor Industries ranks #107 out of 205 companies in the Farm & Heavy Construction Machinery industry, which is below the industry midpoint. Overall, Gencor Industries has a GF Score™ of 95/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Gencor Industries' ROE % compare to BNC and XOS?
According to the Farm & Heavy Construction Machinery industry distribution chart, Gencor Industries ranks #107 out of 205 companies for ROE %. This places Gencor Industries in the lower half of its industry. The industry median ROE % is 7.47. Gencor Industries' value of 10.24% is 37.1% above this benchmark. While the company's 10-year median is 6.78 vs. the industry median of 7.47, Gencor Industries has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for a Farm & Heavy Construction Machinery company?
The median ROE % among Farm & Heavy Construction Machinery companies is 7.47, based on 205 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Gencor Industries's current ROE % of 10.24% is 37.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Gencor Industries and its competitors. For the Farm & Heavy Construction Machinery industry, the median ROE % is 7.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gencor Industries's current ROE % is 10.24%, which is 51% above median its own 10-year median of 6.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gencor Industries stock overvalued right now?
Based on GuruFocus' analysis, Gencor Industries (GENC) is currently considered Modestly Overvalued. The stock's GF Value™ is $15.97, compared to a current price of $19.02 — trading 19.1% above its estimated fair value. The current ROE % is 10.24%, which is 51% above median its 10-year median of 6.78 and 37.1% above the Farm & Heavy Construction Machinery industry median of 7.47. Gencor Industries' overall GF Score™ is 95/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Gencor Industries (GENC), the current ROE % is 10.24% as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Gencor Industries (GENC) Overvalued in 2026?

Based on GuruFocus' analysis, Gencor Industries stock appears to be overvalued. The current stock price of $19.02 is trading 19.1% above its estimated GF Value™ of $15.97. GuruFocus considers Gencor Industries to be Modestly Overvalued.

Key valuation signals for GENC:

  • ROE %: 10.24% (51% above median its 10-year median of 6.78)
  • GF Value™: $15.97 vs. price of $19.02 (19.1% above fair value)
  • GF Score™: 95/100 with 6 warning signs
  • Industry Position: 37.1% above the Farm & Heavy Construction Machinery median (#107 of 205)

No single metric tells the full story. See the GENC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Gencor Industries Business Description

Address 5201 North Orange Blossom Trail, Orlando, FL, USA, 32810
Gencor Industries Inc and its subsidiaries are a manufacturer of heavy machinery used in the production of highway construction materials and environmental control equipment. The Company's products are manufactured in the United States and sold through a combination of Company sales representatives and independent dealers and agents. The Company has one reporting segment, equipment for the highway construction industry. The Company's principal core products include asphalt pavers, hot mix asphalt plants, combustion systems, and fluid heat transfer systems. It operates in the United States, Canada, and other foreign countries, with the majority of revenue coming from the United States.
95GF Score

Get the complete analysis for GENC

ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$19.02
Price
$15.97
GF Value