Contrasting Gentex (GNTX) and Its Peers
Gentex (NASDAQ: GNTX) is one of 45 public companies in the “Motor vehicle parts & accessories” industry, but how does it compare to its peers? We will compare Gentex to related companies based on the strength of its institutional ownership, valuation, dividends, risk, profitability, analyst recommendations and earnings.
This table compares Gentex and its peers’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
This table compares Gentex and its peers gross revenue, earnings per share (EPS) and valuation.
|Gross Revenue||Net Income||Price/Earnings Ratio|
|Gentex||$1.79 billion||$406.79 million||18.91|
|Gentex Competitors||$7.97 billion||$495.49 million||13.44|
Gentex’s peers have higher revenue and earnings than Gentex. Gentex is trading at a higher price-to-earnings ratio than its peers, indicating that it is currently more expensive than other companies in its industry.
Volatility and Risk
Gentex has a beta of 1.25, meaning that its stock price is 25% more volatile than the S&P 500. Comparatively, Gentex’s peers have a beta of 1.36, meaning that their average stock price is 36% more volatile than the S&P 500.
Gentex pays an annual dividend of $0.44 per share and has a dividend yield of 1.8%. Gentex pays out 34.4% of its earnings in the form of a dividend. As a group, “Motor vehicle parts & accessories” companies pay a dividend yield of 1.7% and pay out 22.2% of their earnings in the form of a dividend.
This is a summary of recent ratings and target prices for Gentex and its peers, as reported by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
Gentex currently has a consensus target price of $25.67, indicating a potential upside of 6.02%. As a group, “Motor vehicle parts & accessories” companies have a potential upside of 8.64%. Given Gentex’s peers higher possible upside, analysts plainly believe Gentex has less favorable growth aspects than its peers.
Institutional and Insider Ownership
83.7% of Gentex shares are held by institutional investors. Comparatively, 73.4% of shares of all “Motor vehicle parts & accessories” companies are held by institutional investors. 0.6% of Gentex shares are held by insiders. Comparatively, 13.9% of shares of all “Motor vehicle parts & accessories” companies are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.
Gentex peers beat Gentex on 8 of the 15 factors compared.
Gentex Company Profile
Gentex Corporation provides automatic-dimming and non-dimming rearview mirrors, and electronics for the automotive industry; dimmable aircraft windows for the aviation industry; and commercial smoke alarms and signaling devices for the fire protection industry worldwide. It designs, develops, manufactures, and markets automotive products, including interior and exterior electrochromic automatic-dimming rearview mirrors, automotive electronics, and interior and exterior non-automatic-dimming rearview mirrors with electronic features for automotive passenger cars, light trucks, pick-up trucks, sport utility vehicles, and vans for original equipment manufacturers, tier one automotive mirror manufacturers, and various aftermarket and accessory customers. The company also provides photoelectric smoke detectors and alarms, audible and visual signaling alarms, electrochemical carbon monoxide detectors and alarms, and bells and speakers for use in fire detection systems in office buildings, hotels, and other commercial and residential establishments. Gentex Corporation 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. The company was founded in 1974 and is headquartered in Zeeland, Michigan.
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