-8.56%
-10.18%
-14.86%
-16.92%
-22.11%
-17.82%
-13.32%

Company Description

Gentex Corporation designs, develops, manufactures, markets, and supplies digital vision, connected car, dimmable glass, and fire protection products in the United States, Germany, Japan, Mexico, and internationally.It operates through Automotive Products and Other segments.The company offers automotive products, including interior and exterior electrochromic automatic-dimming rearview mirrors, automotive electronics, and non-automatic-dimming rearview mirrors for automotive passenger cars, light trucks, pick-up trucks, sport utility vehicles, and vans for original equipment manufacturers, automotive suppliers, and various aftermarket and accessory customers.


It also provides variable dimmable windows to aircraft manufacturers and airline operators.In addition, the company offers photoelectric smoke detectors and alarms, electrochemical carbon monoxide alarms and detectors, audible and visual signaling alarms, and bells and speakers used in fire detection systems in office buildings, hotels, and other commercial and residential buildings, as well as researches and develops nanofiber chemical sensing products.The company sells its fire protection products directly, as well as through sales managers and manufacturer representative organizations to fire protection and security product distributors, electrical wholesale houses, and original equipment manufacturers of fire protection systems.


Gentex Corporation was incorporated in 1974 and is headquartered in Zeeland, Michigan.

Market Data

Last Price 25.8
Change Percentage -8.56%
Open 25.1
Previous Close 28.22
Market Cap ( Millions) 5869
Volume 1540310
Year High 37.58
Year Low 25.1
M A 50 29.16
M A 200 31.28

Financial Ratios

FCF Yield 5.87%
Dividend Yield 1.86%
ROE 18.18%
Debt / Equity 0.09%
Net Debt / EBIDTA -28.84%
Price To Book 2.42
Price Earnings Ratio 13.54
Price To FCF 17.04
Price To sales 2.48
EV / EBITDA 9.23

News

Business Breakdown

Expected Mid-Term Growth

Segment nΒ°1 -> Automotive Products

Expected Growth : 8 %

What the company do ?

Gentex Corporation's Automotive Products segment offers automatic dimming rearview mirrors, automotive cameras, and other electronic features for the automotive industry.

Why we expect these perspectives ?

Gentex Corporation's 8% growth in Automotive Products is driven by increasing demand for advanced safety features, such as automatic dimming mirrors and driver-assist systems, in new vehicles. Additionally, growing adoption of autonomous vehicles and electrification of the automotive industry are fueling growth. Furthermore, Gentex's innovative products, such as smart rearview mirrors, are gaining traction with major OEMs, contributing to the segment's growth.

Segment nΒ°2 -> Other

Expected Growth : 6 %

What the company do ?

The Other segment from Gentex Corporation includes sales of dimmable glass, variable dimmable glass, and other automotive products.

Why we expect these perspectives ?

Gentex Corporation's 6% growth in 'Other' segment is driven by increasing demand for auto-dimming mirrors, expansion in global markets, and rising adoption of advanced driver-assistance systems (ADAS). Additionally, the company's diversification into new markets, such as aerospace and fire protection, contributes to its growth momentum.

Gentex Corporation Products

Product Range What is it ?
Night Vision Goggles Gentex Corporation's Night Vision Goggles are designed for military and law enforcement use, providing enhanced visibility in low-light environments.
Ballistic Helmets Gentex Corporation's Ballistic Helmets offer advanced protection for military and law enforcement personnel, providing superior impact resistance and fragmentation protection.
Communication Headsets Gentex Corporation's Communication Headsets provide clear and reliable communication for military and law enforcement personnel, even in high-noise environments.
Advanced Combat Helmets Gentex Corporation's Advanced Combat Helmets offer enhanced protection and comfort for military personnel, with advanced materials and design.
Flight Helmets Gentex Corporation's Flight Helmets are designed for military and civilian pilots, providing advanced protection and comfort during flight operations.
Crew Served Weapon Mounts Gentex Corporation's Crew Served Weapon Mounts provide stable and accurate weapon mounting solutions for military vehicles and platforms.

Gentex Corporation's Porter Forces

Gentex Corporation faces moderate threat from substitutes, as there are limited alternatives to its advanced helmet systems and communication equipment. However, the company's focus on innovation and quality helps to mitigate this threat.

Gentex Corporation's customers, primarily military and law enforcement agencies, have limited bargaining power due to the specialized nature of the company's products and its strong brand reputation.

Gentex Corporation's suppliers of raw materials and components have moderate bargaining power, as the company relies on a few key suppliers for critical components. However, the company's strong relationships with suppliers help to mitigate this risk.

The threat of new entrants is low for Gentex Corporation, as the company's products require significant investment in research and development, and the barriers to entry are high due to the specialized nature of the industry.

The intensity of rivalry in the industry is high, as Gentex Corporation competes with other established players in the defense and aerospace industry. However, the company's strong brand reputation and focus on innovation help to differentiate it from competitors.

Capital Structure

Value
Debt Weight 0.15%
Debt Cost 3.95%
Equity Weight 99.85%
Equity Cost 8.81%
WACC 8.80%
Leverage 0.15%

Historical Valuation

Price/Earnings Ratio

Margin Valuation

Peers Valuation

Competitors

Company Rational
DORM Dorman Products, Inc. supplies replacement parts and fasteners for passenger cars, light trucks, and medium- and heavy-duty trucks in the automotive aftermarket industry worldwide. It offers original equipment dealer products, …
ALSN Allison Transmission Holdings, Inc., together with its subsidiaries, designs, manufactures, and sells commercial and defense fully-automatic transmissions for medium-and heavy-duty commercial vehicles, and medium-and heavy-tactical U.S. defense vehicles worldwide. It …
BWA BorgWarner Inc. provides solutions for combustion, hybrid, and electric vehicles worldwide. The company operates through four segments: Air Management, E-Propulsion & Drivetrain, Fuel Injection, and Aftermarket. The Air Management segment …
LEA Lear Corporation designs, develops, engineers, manufactures, assembles, and supplies automotive seating, and electrical distribution systems and related components for automotive original equipment manufacturers in North America, Europe, Africa, Asia, and …
LKQ LKQ Corporation distributes replacement parts, components, and systems used in the repair and maintenance of vehicles. It operates through three segments: North America, Europe, and Specialty. The company distributes bumper …

Peers Metrics

DCF BETA

Parameters

Short Term Growth
Short term Time
Long-Term Growth
WACC
Target Price
25.8$
Current Price
25.8$
Potential
-0.00%

Expected Cash-Flows

Scoring Insights

Peers Group Analysis

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