Gentex Corporation designs, develops, manufactures, markets, and supplies digital vision, connected car, dimmable glass, and fire protection products in the United States, Germany, Japan, Mexico, 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. It also provides variable dimmable windows to aircraft manufacturers and airline operators. In addition, the company offers photoelectric smoke detectors and alarms, electrochemical carbon monoxide alarms and detectors, audible and visual signaling alarms, and bells and speakers used in fire detection systems in office buildings, hotels, and other commercial and residential buildings, as well as researches and develops nanofiber chemical sensing products. 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. Gentex Corporation was incorporated in 1974 and is headquartered in Zeeland, Michigan.
Mirror Market Maturity | Gentex faces growth challenges as its auto-dimming mirror technology reaches saturation in key markets, prompting a shift towards higher-value products |
Innovation Imperative | Explore Gentex's strategic pivot to advanced features like full-display mirrors and driver monitoring systems to offset core product slowdown |
Financial Crossroads | Delve into Gentex's mixed financial performance, with analysts projecting EPS of $1.90 for FY2024 and $2.35 for FY2025 amid market headwinds |
Analyst Perspectives | Average price target stands at $36, with UBS setting $34 (Neutral) and Baird more optimistic at $38 (Outperform), reflecting varied outlooks on growth potential |
Metrics to compare | GNTX | Sector Sector - Average of metrics from a broad group of related Consumer Cyclicals sector companies | Relationship RelationshipGNTXPeersSector | |
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P/E Ratio | 16.3x | 22.0x | 10.6x | |
PEG Ratio | 1.55 | 0.02 | 0.02 | |
Price/Book | 2.9x | 0.8x | 1.4x | |
Price / LTM Sales | 3.0x | 0.6x | 0.9x | |
Upside (Analyst Target) | 14.0% | 49.6% | 21.5% | |
Fair Value Upside | Unlock | 30.8% | 7.1% | Unlock |