Gentex Stock Return On Asset
| GNTX Stock | USD 35.16 0.50 1.44% |
Gentex fundamentals help investors to digest information that contributes to Gentex's financial success or failures. It also enables traders to predict the movement of Gentex Stock. The fundamental analysis module provides a way to measure Gentex's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Gentex stock.
Return On Assets is likely to drop to 0.11 in 2024. Gentex | Return On Asset |
Gentex Company Return On Asset Analysis
Gentex's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Current Gentex Return On Asset | 0.13 |
Most of Gentex's fundamental indicators, such as Return On Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Gentex is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Gentex Return On Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for Gentex is extremely important. It helps to project a fair market value of Gentex Stock properly, considering its historical fundamentals such as Return On Asset. Since Gentex's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Gentex's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Gentex's interrelated accounts and indicators.
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Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
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Gentex Total Assets
Total Assets |
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Based on the latest financial disclosure, Gentex has a Return On Asset of 0.1255. This is 88.49% lower than that of the Automobile Components sector and 83.91% lower than that of the Consumer Discretionary industry. The return on asset for all United States stocks is 189.64% lower than that of the firm.
Gentex Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Gentex's direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Gentex could also be used in its relative valuation, which is a method of valuing Gentex by comparing valuation metrics of similar companies.Gentex is currently under evaluation in return on asset category among related companies.
Gentex Current Valuation Drivers
We derive many important indicators used in calculating different scores of Gentex from analyzing Gentex's financial statements. These drivers represent accounts that assess Gentex's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Gentex's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 7.3B | 8.2B | 8.2B | 6.3B | 7.5B | 7.9B | |
| Enterprise Value | 7.0B | 7.8B | 7.9B | 6.1B | 7.3B | 7.6B |
Gentex ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Gentex's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Gentex's managers, analysts, and investors.Environment Score | Governance Score | Social Score |
Gentex Fundamentals
| Return On Equity | 0.2 | |||
| Return On Asset | 0.13 | |||
| Profit Margin | 0.19 % | |||
| Operating Margin | 0.23 % | |||
| Current Valuation | 7.69 B | |||
| Shares Outstanding | 231.32 M | |||
| Shares Owned By Insiders | 0.24 % | |||
| Shares Owned By Institutions | 89.92 % | |||
| Number Of Shares Shorted | 4.2 M | |||
| Price To Earning | 19.08 X | |||
| Price To Book | 3.43 X | |||
| Price To Sales | 3.45 X | |||
| Revenue | 2.3 B | |||
| Gross Profit | 609.81 M | |||
| EBITDA | 575.55 M | |||
| Net Income | 428.4 M | |||
| Cash And Equivalents | 281.36 M | |||
| Cash Per Share | 1.20 X | |||
| Total Debt | 1.95 M | |||
| Debt To Equity | 0 % | |||
| Current Ratio | 3.47 X | |||
| Book Value Per Share | 9.99 X | |||
| Cash Flow From Operations | 537.25 M | |||
| Short Ratio | 3.06 X | |||
| Earnings Per Share | 1.84 X | |||
| Price To Earnings To Growth | 1.56 X | |||
| Target Price | 39.25 | |||
| Number Of Employees | 6.25 K | |||
| Beta | 0.97 | |||
| Market Capitalization | 8.02 B | |||
| Total Asset | 2.61 B | |||
| Retained Earnings | 1.34 B | |||
| Working Capital | 726.13 M | |||
| Current Asset | 618.99 M | |||
| Current Liabilities | 58.09 M | |||
| Annual Yield | 0.01 % | |||
| Five Year Return | 1.71 % | |||
| Net Asset | 2.61 B | |||
| Last Dividend Paid | 0.48 |
About Gentex Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Gentex's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Gentex using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Gentex based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Try AI Portfolio ArchitectCheck out Gentex Piotroski F Score and Gentex Altman Z Score analysis. For more information on how to buy Gentex Stock please use our How to Invest in Gentex guide.You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Complementary Tools for Gentex Stock analysis
When running Gentex's price analysis, check to measure Gentex's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Gentex is operating at the current time. Most of Gentex's value examination focuses on studying past and present price action to predict the probability of Gentex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gentex's price. Additionally, you may evaluate how the addition of Gentex to your portfolios can decrease your overall portfolio volatility.
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Is Gentex's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Gentex. If investors know Gentex will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Gentex listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.352 | Dividend Share 0.48 | Earnings Share 1.84 | Revenue Per Share 10.022 | Quarterly Revenue Growth 0.193 |
The market value of Gentex is measured differently than its book value, which is the value of Gentex that is recorded on the company's balance sheet. Investors also form their own opinion of Gentex's value that differs from its market value or its book value, called intrinsic value, which is Gentex's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Gentex's market value can be influenced by many factors that don't directly affect Gentex's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Gentex's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gentex is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gentex's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.