Gentex Corporation (GNTX)
UndervaluedFundamental
77
Price
$20.66
Market Cap
$4.47B
Part 1 · What the company is worth
Overview
Gentex Corporation designs, develops, manufactures, markets, and supplies digital vision, connected car, dimmable glass, fire protection technologies, audio products, medical devices, and consumer electronics. It operates through Automotive Products, Audio 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. It operates in the United States, China, Germany, Japan, Mexico, South Korea, and internationally. Gentex Corporation was incorporated in 1974 and is headquartered in Zeeland, Michigan.
No editorial profile for this company yet
Direct competitors
Who this company fights with for the same customers
Generated with artificial intelligence on September 18, 2026, shared with all users
Its Magna Mirrors division is the only other large-scale supplier of auto-dimming interior and exterior mirrors to the same global carmakers, and Gentex's own 10-K singles it out as the most formidable competitive threat.
Through its SMR unit it holds roughly a quarter of the world market for exterior mirrors and supplies mirror assemblies with auto-dimming glass to the same OEM programmes Gentex bids for, in Europe, North America and Asia.
Named in Gentex's 10-K as the Japanese supplier fitting solid-state electrochromic mirrors on Japanese vehicle models, competing for the same interior-mirror business at Japanese carmakers.
A Japanese mirror specialist named by Gentex as a competitor, selling interior and exterior rearview mirrors, including dimming versions, to Japanese and Asian vehicle manufacturers.
The Barcelona-based mirror maker, now majority-owned by Panasonic, supplies rearview systems with automatic dimming and camera-based mirror replacements to European carmakers Gentex also serves; it is not separately listed.
Balance Sheet & Liquidity
Revenue
$2.63B
Trailing 12 months (through 6/30/2026)
Net Income
$407M
Trailing 12 months (through 6/30/2026)
Free Cash Flow
$458M
Total Equity
$2.49B
Total Liabilities
$438M
Current Ratio
3.04
Interest Coverage
-
Debt/EBITDA
0.02
Earnings Per Share
Revenue & Net Income
Free Cash Flow
Income Breakdown
Historical statement
Margins over time
Debt over time
How heavy the debt is
Growth grid
Growth — Revenue
Fair Value Estimation
Fair Value
$32.07
Current Price
$20.66
Margin of Safety
+35.6%
Fair Value Range
$21.86 - $42.27
Spread across the valuation methods used, not a statistically calibrated confidence interval.
Estimation Methods
Valuation Metrics
P/E Ratio
10.93
ROE
15.5%
P/B Ratio
1.71
P/FCF
8.76
Gross Margin
35.0%
ROIC
15.4%
Profitability Radar
Value Creation (Economic Moat)
ROIC
15.4%
WACC
9.1%
ROIC − WACC
+6.3 pp
ROIC exceeds the cost of capital — the company is creating value for shareholders.
Fundamental Analysis Criteria
Passed (20)
- EPS shows upward trend
- EPS CAGR 8.42%
- ROIC 15.5%
- Gross margin 35.0%
- P/FCF 8.76
- P/B ratio 1.71
- Debt/equity ratio
- Operating margin 19.3%
- Positive free cash flow
- CapEx intensity
- Current ratio
- Debt/EBITDA
- Return on tangible assets
- Price below Graham Number
- ROE 16.2%
- Revenue growth 5Y 8.5%
- Earnings surprise, average 4.7%
- Earnings quality (operating cash flow / net income) 1.46
- Share dilution -3.8%
- Piotroski F-Score 6/9
Failed (5)
- Price CAGR 1.20%
- Low reliance on intangibles
- DCF valuation (Fairly Valued)
- PEG ratio 2.49
- Net margin trend 15.5% vs 16.8%
Unavailable (2)
- Dividend payout –
- Interest coverage
Piotroski F-Score
Mixed signals: some areas need attention
Earnings Quality
High quality: earnings backed by cash
Share Dilution
Buying back shares. Shareholder friendly
Institutional Holdings
Governance
Executive Team
| Name | Title | Age |
|---|---|---|
| Mr. Steven R. Downing | President, CEO & Director | 47 |
| Mr. Kevin C. Nash C.M.A. | VP of Finance, CFO, Treasurer & Chief Accounting Officer | 50 |
| Mr. Neil Boehm | COO & CTO | 53 |
| Mr. Scott Ryan J.D. | VP, General Counsel, Corporate Secretary & Sustainability Officer | 44 |
| Mr. Matthew Chiodo | Senior VP of Sales & Chief Sales Officer | 60 |
| Mr. Josh O'Berski | Vice President of Investor Relations | - |
| Mr. Craig Piersma | Vice President of Marketing & Corporate Communications | - |
| Mr. Seth Bushouse | Vice President of Human Resources | - |
| Ms. Rosa Estrada | VP of Accounting & Corporate Controller | - |
Audit Risk
2
Board Risk
4
Compensation Risk
4
Shareholder Rights Risk
6
Documents
- View document
Annual Report (10-K)
A yearly overview of the business, its financial results, and the risks it faces.
Filed on 2026-02-24
- View document
Quarterly Report (10-Q)
A snapshot of financial performance for the most recent three-month period.
Filed on 2026-08-04
- View document
Current Report (8-K)
An announcement of a major event, such as a leadership change or big news.
Filed on 2026-10-23
via SEC EDGAR
Income History
via SEC EDGAR
Part 2 · The price and its context
This part shows how the price has behaved, not whether the company is worth owning. Inside: technical analysis, potential, historical drawdowns, gamma exposure.
Market Reaction Profile
How much GNTX moves, measured on its daily prices.
More volatile than 25% of the tracked stocks (90-day volatility).
- Volatility 30d
- 24.9%
- Volatility 90d
- 26.9%
- Beta vs S&P 500 (1y)
- 0.68Correlation 0.33
- Max drawdown (12m)
- -21.5%
- ATR (14d, % of price)
- 2.79%
Earnings reactions
How GNTX moved around its past quarterly results.
Next earnings release
No upcoming release on the calendar.
What usually happens
- Over the last 12 releases the stock moved a median of 4.6% the next day, up or down.
- Next-day moves: up 5, down 7 (out of 12).
Release history
| Date | When | EPS est. | EPS actual | Surprise | Gap | 1 day | 5 days |
|---|---|---|---|---|---|---|---|
| Oct 23, 2026 | Before the open | 0.50 | 0.47 | -6.6% | -7.0% | -5.0% | n/a |
| Jul 24, 2026 | During the session | 0.51 | 0.58 | +14.1% | -2.2% | -3.8% | -0.7% |
| Apr 24, 2026 | During the session | 0.46 | 0.48 | +3.8% | +6.1% | +3.7% | +0.3% |
| Jan 30, 2026 | During the session | 0.43 | 0.46 | +5.8% | 0.0% | -4.3% | +1.8% |
| Oct 24, 2025 | During the session | 0.48 | 0.46 | -4.7% | -3.3% | -10.2% | -10.5% |
| Jul 25, 2025 | During the session | n/a | n/a | n/a | +16.7% | +16.2% | +11.9% |
| Apr 25, 2025 | During the session | n/a | n/a | n/a | +3.2% | -2.8% | -1.4% |
| Jan 31, 2025 | During the session | n/a | n/a | n/a | -10.9% | -8.2% | -11.3% |
| Oct 25, 2024 | During the session | n/a | n/a | n/a | +4.5% | +5.4% | +2.2% |
| Jul 26, 2024 | During the session | n/a | n/a | n/a | -6.6% | -4.2% | -6.4% |
| Apr 26, 2024 | During the session | n/a | n/a | n/a | -2.7% | +0.2% | -1.5% |
| Jan 26, 2024 | During the session | n/a | n/a | n/a | +5.9% | +6.5% | +7.2% |
Release dates from SEC 8-K filings.
Updated 10/24/2026
Historical statistics for educational purposes only. They are not forecasts and not investment advice.
Price reaction to the news
Latest news on GNTX and what the price did next.
Return of the stock minus return of SPY over the same days. A news item close to a price move did not necessarily cause it. Historical data for educational purposes only, not investment advice.
Latest News
Recent headlines for GNTX.