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 4,624 - -
Change - -22.39% 19.09% -14.23% -22.03% -9.23% - -
Enterprise Value (EV) 1 7,975 6,159 7,377 6,278 4,949 4,410 4,337 4,247
Change - -22.77% 19.77% -14.89% -21.17% -10.9% -1.65% -2.08%
P/E 23.2x 20.1x 17.8x 16.3x 13.4x 10.6x 9.73x 8.57x
PBR 4.25x 3.09x 3.27x 2.64x 2.02x 1.73x 1.56x 1.46x
PEG - -2.15x 0.5x -3.75x -11.79x 0.5x 1.13x 0.6x
Capitalization / Revenue 4.76x 3.33x 3.31x 2.82x 2.01x 1.73x 1.65x 1.57x
EV / Revenue 4.61x 3.21x 3.21x 2.71x 1.95x 1.65x 1.54x 1.44x
EV / EBITDA 15.7x 13.2x 12.5x 11.1x 8.3x 6.98x 6.64x 6.08x
EV / EBIT 19.5x 16.6x 14.9x 13.4x 10.1x 8.37x 7.99x 7.32x
EV / FCF 27.2x 32.1x 20.9x 17.8x 10.8x 8.96x 10x 9.36x
FCF Yield 3.68% 3.11% 4.79% 5.63% 9.25% 11.2% 10% 10.7%
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% 2.19% 2.22% 2.31%
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 1 508.9 466.6 589.1 563.3 596.4 631.9 653.4 698.9
EBIT 1 409.8 370 495.7 468.6 492.3 526.9 542.7 580
Net income 1 360.8 318.8 428.4 404.5 384.8 436.2 455.6 489.5
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 21.95 21.95 21.95
Nbr of stocks (in thousands) 236,520 234,582 233,253 227,432 218,943 210,683 - -
Announcement Date 28/01/22 27/01/23 26/01/24 31/01/25 30/01/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
18.08x1.98x10.87x1.62% 71.17B
20.49x1.4x10.78x1.81% 46.93B
14.44x0.65x4.7x4% 32.15B
11.75x0.56x4.88x3.99% 29.29B
8.23x0.49x6.24x1.83% 24.79B
14.38x2.6x8.96x4.24% 20.21B
29.23x1.16x12.24x0.63% 17.23B
19.53x0.86x10.34x3.39% 17.25B
10.33x0.49x4.75x3.08% 17.08B
Average 16.27x 1.13x 8.20x 2.73% 30.68B
Weighted average by Cap. 16.55x 1.27x 8.62x 2.53%

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

  1. Stock Market
  2. Stocks
  3. GNTX Stock
  4. GTX Stock
  5. Valuation Gentex Corporation