
Cancel anytime
- Chart
- Upturn Summary
- Highlights
- Revenue
- Valuation
- Analyst Ratings
Upturn AI SWOT
- About


Gentex Corporation (GNTX)



- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- Pass (Skip investing)


(see disclosures)
- ALL
- YEAR
- MONTH
- WEEK
Upturn Advisory Summary
06/30/2025: GNTX (2-star) is currently NOT-A-BUY. Pass it for now.
1 Year Target Price $28.01
1 Year Target Price $28.01
4 | Strong Buy |
0 | Buy |
7 | Hold |
0 | Sell |
0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit 5.65% | Avg. Invested days 37 | Today’s Advisory PASS |
Upturn Star Rating ![]() ![]() | Upturn Advisory Performance ![]() | Stock Returns Performance ![]() |
![]() ![]() | ![]() ![]() |
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 4.94B USD | Price to earnings Ratio 12.86 | 1Y Target Price 28.01 |
Price to earnings Ratio 12.86 | 1Y Target Price 28.01 | ||
Volume (30-day avg) 11 | Beta 0.81 | 52 Weeks Range 20.28 - 34.82 | Updated Date 06/30/2025 |
52 Weeks Range 20.28 - 34.82 | Updated Date 06/30/2025 | ||
Dividends yield (FY) 2.18% | Basic EPS (TTM) 1.71 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 17.01% | Operating Margin (TTM) 20.09% |
Management Effectiveness
Return on Assets (TTM) 10.35% | Return on Equity (TTM) 16.11% |
Valuation
Trailing PE 12.86 | Forward PE 14.2 | Enterprise Value 4636317566 | Price to Sales(TTM) 2.15 |
Enterprise Value 4636317566 | Price to Sales(TTM) 2.15 | ||
Enterprise Value to Revenue 2.02 | Enterprise Value to EBITDA 8.41 | Shares Outstanding 224803008 | Shares Floating 223955822 |
Shares Outstanding 224803008 | Shares Floating 223955822 | ||
Percent Insiders 0.29 | Percent Institutions 100.83 |
Analyst Ratings
Rating 4 | Target Price 28.01 | Buy - | Strong Buy 4 |
Buy - | Strong Buy 4 | ||
Hold 7 | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Gentex Corporation

Company Overview
History and Background
Gentex Corporation was founded in 1974. Initially focused on fire protection products, it shifted to electro-optical products, particularly automatic-dimming mirrors for automobiles. It has grown through innovation and strategic acquisitions to become a leading supplier in its niche markets.
Core Business Areas
- Automotive: Designs, develops, manufactures, and markets automatic-dimming rearview mirrors, advanced driver-assistance systems (ADAS) features, and connected car solutions for the global automotive industry.
- Home & Commercial Fire Protection: Designs, develops, manufactures, and markets dimmable aircraft windows for the commercial aviation industry and fire protection products.
- Other: Includes other specialty markets and applications for Gentex's core technologies.
Leadership and Structure
The leadership team consists of Steven R. Downing (President & CEO), Kevin C. Nash (Executive Vice President & CFO). The company has a functional organizational structure with departments focused on engineering, manufacturing, sales, and marketing.
Top Products and Market Share
Key Offerings
- Automatic-Dimming Rearview Mirrors: Gentex is the leading global supplier of automatic-dimming rearview mirrors, holding a significant market share. The mirrors darken automatically to reduce glare from headlights. Competitors include Magna International (MGA) and Murakami Corporation.
- Market Share (%): 80
- Electronic Dimmable Windows (EDWs): Dimmable windows for aircraft. Used in Boeing 787 Dreamliners and other planes. Competitors include PPG Industries (PPG) and Vision Systems.
- ADAS Features and Connected Car Solutions: Integrated cameras, displays, and electronic systems that provide advanced driver-assistance features and connectivity in vehicles. The market is competitive, including companies like Aptiv (APTV) and Bosch.
Market Dynamics
Industry Overview
The automotive electronics industry is experiencing growth driven by increasing demand for safety, comfort, and convenience features in vehicles. The aerospace market sees growing demand for EDWs.
Positioning
Gentex is a market leader in automatic-dimming rearview mirrors and EDWs, recognized for its innovative technology and high-quality products. The company's focus on niche markets and strong R&D capabilities provide a competitive advantage.
Total Addressable Market (TAM)
The total addressable market (TAM) for automotive electronics is estimated to be worth hundreds of billions of dollars annually. Gentex is positioned to capture a growing share of this market with its ADAS and connected car solutions. The aerospace EDW TAM is significantly smaller but growing with new aircraft orders.
Upturn SWOT Analysis
Strengths
- Market Leader in Automatic-Dimming Mirrors
- Strong R&D Capabilities
- High-Quality Products
- Established Relationships with Automotive Manufacturers
- Proprietary Technology
Weaknesses
- Reliance on Automotive Industry Cycles
- High Customer Concentration
- Limited Product Diversification
- Exposure to Fluctuations in Raw Material Prices
Opportunities
- Expanding ADAS and Connected Car Solutions
- Growth in Electric Vehicle Market
- Increased Adoption of EDWs in Aircraft
- Penetration into New Geographic Markets
- Development of new vision systems
Threats
- Intense Competition
- Technological Disruption
- Economic Downturns
- Changes in Automotive Regulations
- Supply Chain Disruptions
Competitors and Market Share
Key Competitors
- MGA
- DLPH
- ALV
Competitive Landscape
Gentex has a strong competitive position in its core market. However, it faces increasing competition in the ADAS and connected car market from larger, more diversified automotive suppliers.
Major Acquisitions
HomeLink Gateway
- Year: 2013
- Acquisition Price (USD millions): 250
- Strategic Rationale: To integrate HomeLink's connectivity features into Gentex's rearview mirror technology.
Growth Trajectory and Initiatives
Historical Growth: Gentex has experienced steady revenue growth over the past decade, driven by increasing demand for its automatic-dimming mirrors and expanding into new product categories.
Future Projections: Analysts project continued revenue growth for Gentex, driven by its expansion into ADAS and connected car solutions. Profitability is expected to remain strong.
Recent Initiatives: Gentex is focused on developing new ADAS features, expanding its connected car platform, and increasing its presence in the electric vehicle market.
Summary
Gentex is a strong company with a leading position in automatic-dimming mirrors. Its expansion into ADAS and connected car solutions offers significant growth potential. However, the company needs to manage risks related to competition and economic cycles. Its strong financial health and focus on innovation are positive factors.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company Filings (10-K, 10-Q)
- Analyst Reports
- Industry Publications
Disclaimers:
The information provided is for informational purposes only and should not be considered investment advice. Market share estimates are based on available data and may not be precise.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Gentex Corporation
Exchange NASDAQ | Headquaters Zeeland, MI, United States | ||
IPO Launch date 1990-03-26 | President, CEO & Director Mr. Steven R. Downing | ||
Sector Consumer Cyclical | Industry Auto Parts | Full time employees 6184 | Website https://www.gentex.com |
Full time employees 6184 | Website https://www.gentex.com |
Gentex Corporation designs, develops, manufactures, markets, and supplies digital vision, connected car, dimmable glass, and fire protection products in the United States, China, Germany, Japan, Mexico, the Republic of Korea, 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; and HomeLink modules for the automotive industry. It also provides variable dimmable windows to aircraft manufacturers and airline operators. In addition, the company offers photoelectric smoke detectors and alarms, visual signaling alarms, photoelectric smoke alarms, electrochemical carbon monoxide alarms and detectors, audible and visual signaling appliances, and bells and speakers used in fire detection systems in office buildings, hotels, and other commercial and residential buildings. It 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. Further, the company is involved in the research and development of nanofiber chemical sensing products; and market and sale of eSight smart glasses to consumers with visual impairment or eye conditions, as well as of identity authentication and access control products that utilizes biometrics technology. Gentex Corporation was incorporated in 1974 and is headquartered in Zeeland, Michigan.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.