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 4,228 - -
Change - -22.39% 19.09% -14.23% -22.03% -17.01% - -
Enterprise Value (EV) 1 7,975 6,159 7,377 6,278 4,949 4,114 3,982 3,924
Change - -22.77% 19.77% -14.89% -21.17% -16.88% -3.2% -1.46%
P/E 23.2x 20.1x 17.8x 16.3x 13.4x 10.2x 9.21x 8.06x
PBR 4.25x 3.09x 3.27x 2.64x 2.02x 1.64x 1.5x 1.39x
PEG - -2.15x 0.5x -3.75x -11.79x 0.8x 0.8x 0.6x
Capitalization / Revenue 4.76x 3.33x 3.31x 2.82x 2.01x 1.61x 1.51x 1.44x
EV / Revenue 4.61x 3.21x 3.21x 2.71x 1.95x 1.56x 1.42x 1.34x
EV / EBITDA 15.7x 13.2x 12.5x 11.1x 8.3x 6.8x 6.44x 5.89x
EV / EBIT 19.5x 16.6x 14.9x 13.4x 10.1x 8.18x 7.8x 7.16x
EV / FCF 27.2x 32.1x 20.9x 17.8x 10.8x 8.94x 9.78x 9.23x
FCF Yield 3.68% 3.11% 4.79% 5.63% 9.25% 11.2% 10.2% 10.8%
Dividend per Share 2 0.48 0.48 0.48 0.48 0.48 0.48 0.488 0.496
Rate of return 1.38% 1.76% 1.47% 1.67% 2.06% 2.39% 2.43% 2.47%
EPS 2 1.5 1.36 1.84 1.76 1.74 1.963 2.18 2.49
Distribution rate 32% 35.3% 26.1% 27.3% 27.6% 24.5% 22.4% 19.9%
Net sales 1 1,731 1,919 2,299 2,313 2,534 2,634 2,800 2,929
EBITDA 1 508.9 466.6 589.1 563.3 596.4 605.2 618.6 665.8
EBIT 1 409.8 370 495.7 468.6 492.3 502.9 510.7 548.1
Net income 1 360.8 318.8 428.4 404.5 384.8 407.3 423.3 457.6
Net Debt 1 -267.7 -237.8 -240.8 -255.6 -145.6 -114.8 -246.5 -304.6
Reference price 2 34.85 27.27 32.66 28.73 23.27 20.07 20.07 20.07
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.($)
10.23x1.56x6.8x2.39% 4.23B
18.68x2.04x11.17x1.57% 73.15B
15.99x1.11x8.51x2.33% 36.7B
11.64x0.55x4.81x4.07% 28.66B
12.64x0.53x3.79x4.64% 27.76B
7.69x0.45x5.77x1.97% 23.16B
15.72x2.67x9.47x3.85% 19.99B
29.72x1.18x12.49x0.62% 17.79B
10.26x0.48x4.72x3.11% 16.92B
20.33x0.85x10.38x3.5% 16.74B
Average 15.29x 1.14x 7.79x 2.8% 26.51B
Weighted average by Cap. 15.90x 1.26x 8.30x 2.64%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Gentex Corporation

Historical PBR trend

Valuation ratios - PBR - Gentex Corporation

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Gentex Corporation

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Gentex Corporation


Year-on-year evolution of the Yield

Valuation ratios - Yield - Gentex Corporation
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