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 4,776 - -
Change - -22.39% 19.09% -14.23% -22.03% -6.25% - -
Enterprise Value (EV) 1 7,975 6,159 7,377 6,278 4,949 4,561 4,489 4,399
Change - -22.77% 19.77% -14.89% -21.17% -7.83% -1.59% -2.01%
P/E 23.2x 20.1x 17.8x 16.3x 13.4x 10.9x 10x 8.85x
PBR 4.25x 3.09x 3.27x 2.64x 2.02x 1.79x 1.61x 1.51x
PEG - -2.15x 0.5x -3.75x -11.79x 0.6x 1.16x 0.7x
Capitalization / Revenue 4.76x 3.33x 3.31x 2.82x 2.01x 1.79x 1.7x 1.62x
EV / Revenue 4.61x 3.21x 3.21x 2.71x 1.95x 1.71x 1.6x 1.49x
EV / EBITDA 15.7x 13.2x 12.5x 11.1x 8.3x 7.23x 6.88x 6.3x
EV / EBIT 19.5x 16.6x 14.9x 13.4x 10.1x 8.66x 8.27x 7.58x
EV / FCF 27.2x 32.1x 20.9x 17.8x 10.8x 9.18x 10.4x 9.7x
FCF Yield 3.68% 3.11% 4.79% 5.63% 9.25% 10.9% 9.66% 10.3%
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% 2.12% 2.15% 2.23%
EPS 2 1.5 1.36 1.84 1.76 1.74 2.078 2.257 2.562
Distribution rate 32% 35.3% 26.1% 27.3% 27.6% 23.1% 21.6% 19.7%
Net sales 1 1,731 1,919 2,299 2,313 2,534 2,671 2,809 2,953
EBITDA 1 508.9 466.6 589.1 563.3 596.4 631.3 652.8 698.2
EBIT 1 409.8 370 495.7 468.6 492.3 526.9 542.7 580
Net income 1 360.8 318.8 428.4 404.5 384.8 438 455.7 489.5
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 22.67 22.67 22.67
Nbr of stocks (in thousands) 236,520 234,582 233,253 227,432 218,943 210,683 - -
Announcement Date 28/1/22 27/1/23 26/1/24 31/1/25 30/1/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
10.91x1.71x7.23x2.12% 4.78B
21.86x - - 3.79% 3.46B
12.17x1.11x7.77x2.84% 3.43B
13.75x0.87x6.3x1.72% 2.52B
17.82x2.46x12x4.42% 2.3B
10.63x0.46x4.28x4.19% 2.27B
17.35x - - 3.01% 2.16B
Average 14.93x 1.32x 7.51x 3.16% 2.99B
Weighted average by Cap. 14.66x 1.37x 7.48x 3.04%

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
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  5. Valuation Gentex Corporation