Gentex Shares Owned By Institutions vs. Price To Earning

GNTX Stock  USD 30.07  0.04  0.13%   
Based on the key profitability measurements obtained from Gentex's financial statements, Gentex may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in January. Profitability indicators assess Gentex's ability to earn profits and add value for shareholders. At this time, Gentex's Price To Sales Ratio is fairly stable compared to the past year. Days Sales Outstanding is likely to rise to 51.19 in 2024, whereas EV To Sales is likely to drop 3.13 in 2024. At this time, Gentex's Operating Income is fairly stable compared to the past year. Income Before Tax is likely to rise to about 530.2 M in 2024, despite the fact that Accumulated Other Comprehensive Income is likely to grow to (6.2 M).
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.430.3317
Significantly Up
Very volatile
Net Profit Margin0.140.1863
Way Down
Slightly volatile
Operating Profit Margin0.170.2156
Significantly Down
Very volatile
Pretax Profit Margin0.190.2196
Fairly Down
Very volatile
Return On Assets0.110.164
Way Down
Slightly volatile
Return On Equity0.130.1853
Way Down
Slightly volatile
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.
  
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For more information on how to buy Gentex Stock please use our How to Invest in Gentex guide.
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 Price To Earning vs. Shares Owned By Institutions 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 one of the top stocks in shares owned by institutions category among its peers. It is rated # 2 in price to earning category among its peers reporting about  0.19  of Price To Earning per Shares Owned By Institutions. The ratio of Shares Owned By Institutions to Price To Earning for Gentex is roughly  5.13 . 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 Price To Earning vs. Shares Owned By Institutions

Shares Owned by Institutions show the percentage of the outstanding shares of stock issued by a company that is currently owned by other institutions such as asset management firms, hedge funds, or investment banks. Many investors like investing in companies with a large percentage of the firm owned by institutions because they believe that larger firms such as banks, pension funds, and mutual funds, will invest when they think that good things are going to happen.

Gentex

Shares Held by Institutions

 = 

Funds and Banks

+

Firms

 = 
97.96 %
Since Institution investors conduct a lot of independent research they tend to be more involved and usually more knowledgeable about entities they invest as compared to amateur investors.
Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.

Gentex

P/E

 = 

Market Value Per Share

Earnings Per Share

 = 
19.08 X
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.

Gentex Price To Earning Comparison

Gentex is currently under evaluation in price to earning 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 ReportedProjected for Next Year
Accumulated Other Comprehensive Income-6.6 M-6.2 M
Operating Income495.7 M520.5 M
Income Before Tax505 M530.2 M
Total Other Income Expense Net9.3 M13.3 M
Net Income428.4 M449.8 M
Income Tax Expense76.6 M52 M
Net Income Applicable To Common Shares366.6 M232.1 M
Net Income From Continuing Ops428.4 M343.6 M
Non Operating Income Net Other-254.7 K-242 K
Interest Income12.9 M6.6 M
Change To Netincome10.9 M7.3 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.
Pair CorrelationCorrelation Matching

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.

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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.