Gentex Corporation Common Stock (GNTX)

FairStock Score: 77/100 — HIGH CONVICTION

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

As a value investor in the Buffett-Graham tradition, I ask whether Gentex is a sound business priced with a margin of safety. It sells auto-dimming mirrors, digital vision, dimmable glass, and related electronics—useful niche products with recurring automotive demand. The niche auto-dimming mirror and digital-vision position suggests a modest competitive moat, though the filed figures do not prove a wide one. The financials look conservative: at the 2026-10-13 close of $20.87, FairStock calculates a P/E of 11.04, P/B of 1.73, PEG of 0.57, EV/EBITDA of 6.77, and a Graham Number of $22.64, implying a 7.82% margin of safety. Debt is zero by the D/E measure, ROE is 16.35%, ROCE is 10.67%, the Piotroski F-Score is 8/9, and the Altman Z-Score is 7.16. Trailing free cash flow is $496.7M, an 11.3% FCF yield, and the dividend yield is 2.16%. In fiscal Q2 2026, the quarter ended 2026-06-30, revenue was $651.3M and net income was $114.7M, or $0.54 per diluted share; revenue dipped from $657.9M in fiscal Q2 2025, but net income rose from $96.0M. That profit improvement is encouraging. However, filed annual figures show FY2025 revenue of $2.5B, net income of $384.8M, and diluted EPS of $1.74, versus FY2024 net income of $404.5M and EPS of $1.76, and FY2023 net income of $428.4M and EPS of $1.84. So profits have drifted lower over several years even as revenue grew in FY2025. FairStock categorizes Gentex as CYCLICAL—Auto Parts: earnings follow the economic cycle. The balance sheet and cash flow are strong, but the price only looks modestly discounted against my rough value estimates. I would want evidence that new digital-vision products can restart per-share earnings growth before calling it clearly cheap.

In plain English: Gentex makes mirrors, dimmable glass, and electronic products used mostly in cars. The business looks financially solid: it has no debt, generates a lot of cash, and in the quarter ended 2026-06-30 earned $114.7 million on $651.3 million of sales. At $20.87 on 2026-10-13, the shares look moderately cheap against the company's profits and cash flow, but auto-parts demand can rise and fall with the economy.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q2 2026 10-Q (period ended 2026-06-30) · fiscal Q1 2026 10-Q (period ended 2026-03-31) · fiscal Q3 2025 10-Q (period ended 2025-09-30) · fiscal Q2 2025 10-Q (period ended 2025-06-30) · FY2025 10-K (period ended 2025-12-31) · FY2024 10-K (period ended 2024-12-31) · FY2023 10-K (period ended 2023-12-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer