1-Star Price
INVESTOR
5-Star Price
INVESTOR
Economic Moat
INVESTOR
Capital Allocation
INVESTOR
Gentex manufactures auto-dimming rear- and side-view mirrors that use electrochromic technology. These mirrors automatically darken to eliminate headlight glare for drivers and have many other applications. With about 2,000 patents worldwide, some valid through 2047, and nearly 90% market share, up from 77% in 2003, Gentex has a narrow economic moat it should be able to protect for a long time, in our opinion.
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.
Morningstar analysts hand-select direct competitors or comparable companies to provide context on the strength and durability of GNTX’s competitive advantage.
Gentex Corp
XNAS: GNTX
| Magna International Inc
XTSE: MG
| Lear Corp
XNYS: LEA
| Aptiv PLC
XNYS: APTV
| |
Price
| 31.79 | 71.37 | 132.20 | 96.45 |
Currency
| USD | CAD | USD | USD |
Change
| −$0.52 (1.61%) | −$1.86 (2.54%) | −$2.28 (1.70%) | −$2.63 (2.65%) |
Market Cap
| 7.42 Bil | 20.42 Bil | 7.77 Bil | 27.28 Bil |
Industry
| Auto Parts | Auto Parts | Auto Parts | Auto Parts |
Sector
|
Consumer Cyclical
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Consumer Cyclical
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Consumer Cyclical
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Consumer Cyclical
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* Trading data in this section is delayed by at least 15 minutes.
Yes. GNTX has a forward dividend yield of 1.51%.
See
GNTX’s full dividends and stock split history
on the Dividend tab.
Dividend yield allows investors, particularly those interested in dividend-paying stocks,
to compare the relationship between a stock’s price and how it rewards stockholders through dividends.
The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.
Learn more about dividend yield.
GNTX’s market cap is 7.42 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares.
It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the
largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.
Learn more about market capitalization.
GNTX’s stock style is Small Growth.
Style is an investment factor that has a meaningful impact on investment risk and returns.
Style is calculated by combining value and growth scores, which are first individually calculated.
High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.
Learn more about style.
GNTX’s price/sales is 3.45.
Price/sales represents the amount an investor is willing to pay for a dollar generated from
a particular company’s sales or revenues.
GNTX’s price/forward earnings is 20.38.
Forward P/E gives some indication of how cheap or expensive a stock is compared with consensus earnings estimates.
The lower the Forward P/E, the cheaper the stock.
GNTX’s price/book is 3.38.
Price/book ratio can tell investors approximately how much they’re paying for a company’s assets,
based on historical, rather than current, valuations. Historical valuations generally do not reflect
a company’s current market value. Value investors frequently look for companies that have low price/book ratios.
See GNTX’s valuation ratios compared to the Market Index.
GNTX’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.
Compare GNTX’s historical performance against its industry peers and the overall market.
