Gentex Corporation designs, develops, manufactures, markets, and supplies digital vision, connected car, dimmable glass, and fire protection products in the United States, China, Germany, Japan, Mexico, the Republic of Korea, and internationally. It operates through Automotive Products and Other segments. The company offers automotive products, including interior and exterior electrochromic automatic-dimming rearview mirrors, automotive electronics, and non-automatic-dimming rearview mirrors for automotive passenger cars, light trucks, pick-up trucks, sport utility vehicles, and vans for original equipment manufacturers, automotive suppliers, and various aftermarket and accessory customers; and HomeLink modules for the automotive industry. It also provides variable dimmable windows to aircraft manufacturers and airline operators. In addition, the company offers photoelectric smoke detectors and alarms, visual signaling alarms, photoelectric smoke alarms, electrochemical carbon monoxide alarms and detectors, audible and visual signaling appliances, and bells and speakers used in fire detection systems in office buildings, hotels, and other commercial and residential buildings. It sells its fire protection products directly, as well as through sales managers and manufacturer representative organizations to fire protection and security product distributors, electrical wholesale houses, and original equipment manufacturers of fire protection systems. Further, the company is involved in the research and development of nanofiber chemical sensing products; and market and sale of eSight smart glasses to consumers with visual impairment or eye conditions, as well as of identity authentication and access control products that utilizes biometrics technology. Gentex Corporation was incorporated in 1974 and is headquartered in Zeeland, Michigan.
Mirror Market Leade | Gentex dominates auto-dimming mirror technology, facing growth challenges as it shifts focus to higher-value products amid market saturation |
Financial Resilience | Despite Q2 headwinds, Gentex outperforms peers with maintained sales growth expectations and a strong balance sheet, trading below fair value |
Innovation Drive | Explore Gentex's Full Display Mirror technology and new OEM launches, positioning the company for future growth in advanced automotive features |
Analyst Outlook | With price targets ranging from $34 to $38, analysts project EPS growth from $1.90 in 2024 to $2.35 in 2025, reflecting cautious optimism |
Metrics to compare | GNTX | Sector Sector - Average of metrics from a broad group of related Consumer Cyclicals sector companies | Relationship RelationshipGNTXPeersSector | |
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P/E Ratio | 14.9x | −2.1x | 11.1x | |
PEG Ratio | −15.04 | 0.04 | 0.02 | |
Price/Book | 2.4x | 0.7x | 1.4x | |
Price / LTM Sales | 2.5x | 0.4x | 0.9x | |
Upside (Analyst Target) | 14.2% | 34.0% | 21.9% | |
Fair Value Upside | Unlock | 21.4% | 9.9% | Unlock |