Company Valuation: Gentex Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 8,243 6,397 7,618 6,534 5,095 4,652 - -
Change - -22.39% 19.09% -14.23% -22.03% -8.69% - -
Enterprise Value (EV) 1 7,975 6,159 7,377 6,278 4,949 4,437 4,365 4,274
Change - -22.77% 19.77% -14.89% -21.17% -10.34% -1.64% -2.07%
P/E 23.2x 20.1x 17.8x 16.3x 13.4x 10.7x 9.78x 8.61x
PBR 4.25x 3.09x 3.27x 2.64x 2.02x 1.74x 1.57x 1.47x
PEG - -2.15x 0.5x -3.75x -11.79x 0.6x 1.08x 0.6x
Capitalization / Revenue 4.76x 3.33x 3.31x 2.82x 2.01x 1.74x 1.66x 1.58x
EV / Revenue 4.61x 3.21x 3.21x 2.71x 1.95x 1.66x 1.55x 1.45x
EV / EBITDA 15.7x 13.2x 12.5x 11.1x 8.3x 7.05x 6.69x 6.12x
EV / EBIT 19.5x 16.6x 14.9x 13.4x 10.1x 8.45x 8.04x 7.37x
EV / FCF 27.2x 32.1x 20.9x 17.8x 10.8x 9.17x 10x 9.49x
FCF Yield 3.68% 3.11% 4.79% 5.63% 9.25% 10.9% 9.95% 10.5%
Dividend per Share 2 0.48 0.48 0.48 0.48 0.48 0.48 0.488 0.506
Rate of return 1.38% 1.76% 1.47% 1.67% 2.06% 2.17% 2.21% 2.29%
EPS 2 1.5 1.36 1.84 1.76 1.74 2.07 2.257 2.564
Distribution rate 32% 35.3% 26.1% 27.3% 27.6% 23.2% 21.6% 19.7%
Net sales 1 1,731 1,919 2,299 2,313 2,534 2,671 2,809 2,953
EBITDA 1 508.9 466.6 589.1 563.3 596.4 629.6 652.8 698.2
EBIT 1 409.8 370 495.7 468.6 492.3 525.1 542.7 580
Net income 1 360.8 318.8 428.4 404.5 384.8 434.4 455.2 488.2
Net Debt 1 -267.7 -237.8 -240.8 -255.6 -145.6 -214.7 -287.4 -377.6
Reference price 2 34.85 27.27 32.66 28.73 23.27 22.08 22.08 22.08
Nbr of stocks (in thousands) 236,520 234,582 233,253 227,432 218,943 210,683 - -
Announcement Date 1/28/22 A 1/27/23 A 1/26/24 A 1/31/25 A 1/30/26 A - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
18.47x2.02x11.1x1.58% 72.73B
21.2x1.45x11.14x1.75% 48.5B
14.63x0.65x4.72x3.95% 32.28B
11.55x0.55x4.79x4.06% 28.74B
8.26x0.49x6.27x1.83% 25.18B
14.38x2.6x8.93x4.24% 20.19B
19.86x0.87x10.48x3.33% 17.54B
29.23x1.16x12.24x0.63% 17.25B
10.36x0.49x4.76x3.07% 17.14B
Average 16.44x 1.14x 8.27x 2.72% 31.06B
Weighted average by Cap. 16.83x 1.30x 8.77x 2.5%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA



Year-on-year evolution of the Yield

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  3. GNTX Stock
  4. GTX Stock
  5. Valuation Gentex Corporation