Gentex Revenue vs. Shares Outstanding
| GNTX Stock | USD 30.59 0.01 0.03% |
Total Revenue | First Reported 1985-09-30 | Previous Quarter 572.9 M | Current Value 608.5 M | Quarterly Volatility 183 M |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.43 | 0.3317 |
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| Net Profit Margin | 0.14 | 0.1863 |
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| Operating Profit Margin | 0.17 | 0.2156 |
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| Pretax Profit Margin | 0.19 | 0.2196 |
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| Return On Assets | 0.11 | 0.164 |
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| Return On Equity | 0.13 | 0.1853 |
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For Gentex profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Gentex to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Gentex utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Gentex's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Gentex over time as well as its relative position and ranking within its peers.
Gentex |
Is Automotive Parts & Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Gentex. If investors know Gentex will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Gentex listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.194 | Dividend Share 0.48 | Earnings Share 1.89 | Revenue Per Share 10.4 | Quarterly Revenue Growth 0.057 |
The market value of Gentex is measured differently than its book value, which is the value of Gentex that is recorded on the company's balance sheet. Investors also form their own opinion of Gentex's value that differs from its market value or its book value, called intrinsic value, which is Gentex's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Gentex's market value can be influenced by many factors that don't directly affect Gentex's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Gentex's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gentex is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gentex's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Gentex Shares Outstanding vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Gentex's current stock value. Our valuation model uses many indicators to compare Gentex value to that of its competitors to determine the firm's financial worth. Gentex is rated below average in revenue category among its peers. It also is rated below average in shares outstanding category among its peers creating about 0.10 of Shares Outstanding per Revenue. The ratio of Revenue to Shares Outstanding for Gentex is roughly 10.11 . At this time, Gentex's Total Revenue is fairly stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Gentex's earnings, one of the primary drivers of an investment's value.Gentex's Earnings Breakdown by Geography
Gentex Revenue vs. Competition
Gentex is rated below average in revenue category among its peers. Market size based on revenue of Consumer Discretionary industry is currently estimated at about 45.64 Trillion. Gentex adds roughly 2.3 Billion in revenue claiming only tiny portion of stocks in Consumer Discretionary industry.
Gentex Shares Outstanding vs. Revenue
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Gentex |
| = | 2.3 B |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Gentex |
| = | 227.43 M |
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
Gentex Shares Outstanding Comparison
Gentex is currently under evaluation in shares outstanding category among its peers.
Gentex Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Gentex, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Gentex will eventually generate negative long term returns. The profitability progress is the general direction of Gentex's change in net profit over the period of time. It can combine multiple indicators of Gentex, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | -6.6 M | -6.2 M | |
| Operating Income | 495.7 M | 520.5 M | |
| Income Before Tax | 505 M | 530.2 M | |
| Total Other Income Expense Net | 9.3 M | 13.3 M | |
| Net Income | 428.4 M | 449.8 M | |
| Income Tax Expense | 76.6 M | 52 M | |
| Net Income Applicable To Common Shares | 366.6 M | 232.1 M | |
| Net Income From Continuing Ops | 428.4 M | 343.6 M | |
| Non Operating Income Net Other | -254.7 K | -242 K | |
| Interest Income | 12.9 M | 6.6 M | |
| Change To Netincome | 10.9 M | 7.3 M | |
| Net Income Per Share | 1.84 | 1.93 | |
| Income Quality | 1.25 | 0.97 | |
| Net Income Per E B T | 0.85 | 0.57 |
Gentex Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Gentex. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Gentex position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Gentex's important profitability drivers and their relationship over time.
Use Gentex in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Gentex position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Gentex will appreciate offsetting losses from the drop in the long position's value.Gentex Pair Trading
Gentex Pair Trading Analysis
The ability to find closely correlated positions to Gentex could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Gentex when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Gentex - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Gentex to buy it.
The correlation of Gentex is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Gentex moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Gentex moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Gentex can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Gentex position
In addition to having Gentex in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Compnanies producing and distributing cleaning products, supplies, and accessories. The Cleaning theme has 42 constituents at this time.
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Additional Tools for Gentex Stock Analysis
When running Gentex's price analysis, check to measure Gentex's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Gentex is operating at the current time. Most of Gentex's value examination focuses on studying past and present price action to predict the probability of Gentex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gentex's price. Additionally, you may evaluate how the addition of Gentex to your portfolios can decrease your overall portfolio volatility.