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Upturn AI SWOT - About
GNTX 
Gentex Corporation (GNTX)
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Upturn Advisory Summary
04/01/2025: GNTX (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Analysis of Past Performance
Type Stock | Historic Profit -15.25% | Avg. Invested days 33 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 04/01/2025 |
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 5.34B USD | Price to earnings Ratio 13.36 | 1Y Target Price 31.69 |
Price to earnings Ratio 13.36 | 1Y Target Price 31.69 | ||
Volume (30-day avg) 2316437 | Beta 0.9 | 52 Weeks Range 22.87 - 35.81 | Updated Date 04/2/2025 |
52 Weeks Range 22.87 - 35.81 | Updated Date 04/2/2025 | ||
Dividends yield (FY) 2.05% | Basic EPS (TTM) 1.76 |
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 17.49% | Operating Margin (TTM) 18.21% |
Management Effectiveness
Return on Assets (TTM) 10.9% | Return on Equity (TTM) 16.91% |
Valuation
Trailing PE 13.36 | Forward PE 12.22 | Enterprise Value 5074388324 | Price to Sales(TTM) 2.31 |
Enterprise Value 5074388324 | Price to Sales(TTM) 2.31 | ||
Enterprise Value to Revenue 2.19 | Enterprise Value to EBITDA 9.01 | Shares Outstanding 227196000 | Shares Floating 226384645 |
Shares Outstanding 227196000 | Shares Floating 226384645 | ||
Percent Insiders 0.26 | Percent Institutions 99.73 |
Analyst Ratings
Rating 3.91 | Target Price 35.02 | Buy 2 | Strong Buy 4 |
Buy 2 | Strong Buy 4 | ||
Hold 5 | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Gentex Corporation
Company Overview
History and Background
Gentex Corporation was founded in 1974. It began by producing fire protection products and later expanded into electro-optical products for the automotive, aerospace, and commercial fire protection industries. Key milestones include the development of automatic-dimming mirrors for automobiles and advanced vision systems.
Core Business Areas
- Automotive Products: Develops and manufactures automatic-dimming rearview mirrors, interior and exterior, with integrated features such as HomeLink, compass, and display functions, for the automotive industry.
- Fire Protection Products: Manufactures and markets photoelectric smoke detectors and alarms, as well as signaling devices for commercial fire protection systems.
- Aerospace Products: Develops dimmable windows for commercial aircraft.
Leadership and Structure
The leadership team consists of Steven R. Downing (Chairman & CEO), Neil Boehm (CFO), and other key executives. The organizational structure is functional, 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 for the automotive industry. Market share is estimated to be over 90% globally. Competitors include Magna International and Murakami Corporation. Revenue from auto-dimming mirrors constitutes a significant portion of Gentex's total revenue.
- Connected Car Features: This includes integrated features in the rearview mirrors such as HomeLink, compass, and display functions. Itu2019s tightly tied to the automotive mirror business. Competition arises from automotive technology companies integrating these features directly into dashboards and infotainment systems.
- Dimmable Aircraft Windows: Electronically dimmable windows are offered to commercial aircraft manufacturers. Competition comes from other window solutions.
- Fire Protection Products: Photoelectric smoke detectors are produced for use in commercial and residential buildings.
Market Dynamics
Industry Overview
The automotive mirror market is evolving with increasing demand for advanced driver-assistance systems (ADAS) and connected car features. The fire protection market is stable, driven by safety regulations and construction activity. The aircraft window market is also increasing as airplanes incorporate new technology.
Positioning
Gentex is a dominant player in the automatic-dimming rearview mirror market due to its technological expertise, established relationships with automotive manufacturers, and economies of scale. It has a strong position in the fire protection market as well.
Total Addressable Market (TAM)
The estimated TAM for automotive mirrors is $3 billion. The estimated TAM for fire protection is $2.5 billion. Gentex Corporation is well-positioned to continue capturing a significant portion of this TAM through its leadership in auto-dimming mirrors and expansion into other integrated features. Gentex has a small portion of the growing aircraft window TAM that is not easily quantified.
Upturn SWOT Analysis
Strengths
- Dominant market share in automatic-dimming mirrors
- Strong relationships with automotive manufacturers
- Technological expertise and innovation
- Diversified revenue streams across automotive and fire protection
- Strong balance sheet and cash flow
Weaknesses
- High dependence on the automotive industry
- Vulnerability to economic cycles
- Potential disruption from new technologies
- Limited diversification outside of core product areas
Opportunities
- Expansion into new automotive technologies (e.g., ADAS integration)
- Growth in emerging markets
- Increased demand for connected car features
- Penetration of the aircraft window market
Threats
- Competition from other automotive suppliers
- Technological obsolescence
- Fluctuations in raw material prices
- Economic downturns in key automotive markets
- Changes in automotive regulations
Competitors and Market Share
Key Competitors
- MGA.TO
- MLK.F
- SLPTF
Competitive Landscape
Gentex has a competitive advantage due to its high market share, strong relationships, and technological expertise. Competitors are working to catch up with new features and integration into existing products.
Major Acquisitions
HomeLink Business from Johnson Controls
- Year: 2013
- Acquisition Price (USD millions): 700
- Strategic Rationale: Expanded Gentex's portfolio of connected car features and strengthened its position in the automotive market. HomeLink is a universal remote control system that allows drivers to operate garage doors, gates, and other devices from their vehicles.
Growth Trajectory and Initiatives
Historical Growth: Gentex has experienced steady growth in revenue and earnings over the past decade, driven by the increasing adoption of automatic-dimming mirrors and other automotive features.
Future Projections: Analyst estimates suggest continued growth for Gentex, driven by increasing vehicle production and the adoption of new technologies. See current finiancial publications for details.
Recent Initiatives: Recent initiatives include investments in new product development, expansion into new markets, and strategic acquisitions.
Summary
Gentex Corporation shows a strong position in the automotive industry, particularly with its auto-dimming rearview mirrors, with high market share. A weakness is its heavy reliance on the automotive market, making it susceptible to economic fluctuations. Growth opportunities arise from expanding into ADAS and connected car technologies. Threats include competition from other automotive suppliers and potential technological disruptions.
Similar Companies
Sources and Disclaimers
Data Sources:
- Company website
- Financial news sources
- Industry reports
- Analyst estimates
Disclaimers:
This analysis is for informational purposes only and should not be considered investment advice. Financial data is subject to change. Market share estimates are approximate.
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.
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