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Gentex Corporation (GNTX)

Upturn stock ratingUpturn stock rating
$21.99
Last Close (24-hour delay)
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PASS
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  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
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Upturn Stock infoUpturn Stock info Stock price based on last close
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Upturn Advisory Summary

06/30/2025: GNTX (2-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

rating

Below Average Performance

These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.

Number of Analysts

rating

11 Analysts rated it

Well-followed company, solid analyst reports, reliable data for confident investing.

1 Year Target Price $28.01

1 Year Target Price $28.01

Analysts Price Target For last 52 week
$28.01Target price
Low$20.28
Current$21.99
high$34.82

Analysis of Past Performance

Type Stock
Historic Profit 5.65%
Avg. Invested days 37
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 3.0
Stock Returns Performance Upturn Returns Performance 2.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 06/30/2025

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 -

ai summary icon Upturn AI SWOT

Gentex Corporation

stock logo

Company Overview

overview logo 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.

business area logo 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 logo 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

overview logo 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 logo 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

competitor logo 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.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization 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
Full time employees 6184

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.