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Gentex CorporationGNTXCompetitor analysis, valuation and peers

United States · USD·Consumer Discretionary›Auto Parts: OEM

Makes auto-dimming rearview mirrors and camera-based driver-assistance electronics for automakers.

Momentum weak 30
Mkt cap
$4.19B
US dollars, full cap
Free float
100%
of shares outstanding
$/day
$68.5M
20-day average traded
Fwd P/E
9.9×
forward earnings
ROIC−WACC
+8.1 pp
WACC 9.1%
Hurdle
-13 pp
Req g minus delivered
Next earnings
77 days
22 Jan 2027
Close · USD$19.88
1D-1.6%
1W+0.1%
1M-6.0%
3M-16.6%
6M-15.0%
YTD-14.6%
1Y-15.8%
ATR %3.1%
Beta0.75
52w lowhigh24.9% off high

What Gentex does

Makes auto-dimming rearview mirrors and camera-based driver-assistance electronics for automakers.

Wins supply contracts model by model, so sales follow global car production and how many Gentex features each vehicle carries. Mirrors remain the main line, with camera-based driver-monitoring and sensing electronics adding content per car. Aircraft windows are a small side business, and buyers are the automakers or their first-tier suppliers.

Products and services

  • Auto-dimming mirrors
  • Camera/driver-assist modules
  • Dimmable aircraft windows

Customers

  • Global automakers (OEMs)

Where it sits in the supply chain

  • Consumer Discretionary
  • Auto parts
  • Electronic mirrors and vision systems

What could go right

  • Increasing electronic content per vehicle
  • ADAS camera integration

What could go wrong

  • Global auto production cycles
  • Camera-mirror substitution technology shift

Moat: wide (IP / patents, customer qualification, scale). Dominant global share in auto-dimming mirrors protected by decades of patents and OEM qualification.

Headquarters: Zeeland, Michigan, US · Founded: 1974 · Employees: 6,398

Named competitors

Gentex at a glance

Size Gentex (GNTX) is a United States Consumer Discretionary company (Auto Parts: OEM) with a market value of $4.19B, the 1319th largest of 3,117 United States companies the cockpit tracks. Shares closed at $19.88 on 6 Nov 2026.

Performance Over six months the shares fell 15.0%, against -10.9% for the median peer and -1.1% for the United States market (cap-weighted) — 9th lowest of 21 in its peer set.

Growth Revenue grew 7.7% over the last twelve months (peer median +9.1%); the operating margin is 19.4% (peer median 6.8%).

Valuation It trades at 9.9× forward earnings against a peer median of 14.5× (6th cheapest of 19).

Price implies For today's price to make sense, revenue must grow about -5% a year for seven years (Req g). Recent delivered growth is +8%, so the hurdle is -13 pp: the price already allows for a slowdown.

Capital Return on invested capital runs 8.1 points above its cost of capital (9.1% WACC).

Short interest Short interest is 9.0% of the free float (15 Oct 2026).

Next results Next results expected around 22 Jan 2027 (exchange calendar; dates can move).

Relative performance

9010011011 May 202611 Aug 20266 Nov 2026Peer median 90GNTX 86
Six months, rebased to 100: Gentex against the median of its 20 peers (local-currency closes).

Gentex financials

Reported figures in USD; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue$2.62B$2.53B$2.31B$2.30B$1.92B
Revenue growth—+10%+1%+20%—
Gross profit$987M$867M$771M$763M$610M
EBITDAn/a$593M$563M$589M$467M
Net income$392M$379M$399M$422M$314M
Free cash flown/a$458M$354M$354M$192M
Capital expendituren/a$131M$151M$188M$150M
Total debtn/a$3.80M$0$0$0

Quarterly statements and history in the cockpit →

Gentex competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-40%-20%0%+20%0%+20%ATMU7276600699300432CAR64737282601717GTX603596LNRAMV0301656002126CIE603179000981000887LEAEXIDEINDGNTX6-month return →1-month return →
Up and to the right = strong over both horizons. Gentex is the large dot.

Fundamentals: revenue growth against valuation

0%+25%+50%+75%+100%0×200×400×600×ATMU7276600699300432603596301656002126GNTXRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Gentex is the large dot.

Capital: growth delivered against growth the price implies

-10%0%+10%+20%+30%0%20%ATMU7276600699CAR64737282601717GTX603596LNR002126000887EXIDEINDGNTXGrowth delivered (Del g) →Growth the price implies (Req g, 7 yrs) →
Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. Gentex is the large dot.

Gentex competitors and peer comparison

Head to head with its named competitors (GNTX vs MG.TO vs 7292.T vs MOTHERSON.NS)
CompanyMarket cap6M returnRevenue growthOp. marginForward P/EReq g
Gentex GNTX$4.19B-15%+8%19%9.9×-4.7%
Magna International MG.TO$16.1B+4%0%6%8.2×0.1%
Murakami 7292.T$503M+3%+8%7%n/a-19.1%
Samvardhana Motherson International MOTHERSON.NS$17.9B+22%+14%6%30.2×30.9%
Tokai Rika 6995.T$1.57B0%+5%5%9.9×-4.6%
Seeing Machines SEE.Ln/a-16%n/an/an/an/a
Visteon VC$1.87B-34%+2%5%8.0×5.3%

How Gentex compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Gentex against its 20 peers (data as of 6 Nov 2026)
MeasureGNTXPeer medianRank in peer set
1-month return-6.0%-3.3%10th lowest of 21
6-month return-15.0%-10.9%9th lowest of 21
Distance from 52-week high-24.9%-30.7%8th highest of 21
Revenue growth (TTM)+7.7%+9.1%10th lowest of 21
Operating margin19.4%6.8%highest of 21
Forward P/E9.9×14.5×6th cheapest of 19
Growth the price implies (Req g, 7 yrs)-4.7%0.9%5th least demanding of 17
Growth delivered (Del g)+8.5%+9.4%7th lowest of 16
Hurdle (Req g minus delivered)-13.1 pp-7.9 pp5th least demanding of 16
ROIC minus cost of capital+8.1 pp+0.9 pp3rd highest of 21

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
Gentex GNTXUnited States$4.19B-15%+8%19%9.9×-4.7%+8.5%
Atmus Filtration Technologies ATMUUnited States$4.13B-9%+13%17%16.2×8.1%+7.4%
Koito Manufacturing 7276.TJapan$4.27B-6%+6%6%13.3×-0.8%+6.1%
Ningbo Joyson Electronic 600699.SSChina$4.44B-27%-6%5%21.9×-1.1%+5.0%
Fulin Precision 300432.SZChina$3.84B-47%+95%5%20.2×n/an/a
Inter Cars CAR.WAPoland$3.83B+38%+12%6%13.9×9.5%+18.3%
Jtekt 6473.TJapan$3.82B-1%+4%5%11.4×1.2%+9.1%
Toyoda Gosei 7282.TJapan$3.81B+26%+13%7%9.8×0.5%+9.7%
ZCZL Industrial Technology 601717.SSChina$3.80B-19%-1%8%6.3×-9.8%+9.4%
Garrett Motion GTXUnited States$3.72B-31%+7%15%9.9×-6.9%+3.4%
Bethel Automotive Safety Systems 603596.SSChina$3.70B-11%+21%10%16.0×7.0%+31.7%
Linamar LNR.TOCanada$3.63B-9%+9%9%7.1×-8.4%+12.0%
Aumovio AMV0.DEGermany$3.57B-12%-6%-6%n/a10.2%n/a
Suzhou Inovance Automotive 301656.SZChina$4.95B-31%+28%1%676.0×n/an/a
Zhejiang Yinlun Machinery 002126.SZChina$3.53B-39%+28%7%23.0×14.6%+19.9%
CIE Automotive CIE.MCSpain$3.46B-11%+4%14%8.5×-6.7%+6.5%
Jiangsu Xinquan Automotive Trim 603179.SSChina$5.07B+5%+12%6%33.5×n/an/a
Sensteed Hi-Tech 000981.SZChina$3.36B-42%-15%-39%n/an/an/a
Anhui Zhongding Sealing Parts 000887.SZChina$3.32B-3%+9%8%15.1×3.8%+11.4%
Lear LEAUnited States$5.31B-21%+4%4%6.9×-1.3%+6.4%
Exide Industries EXIDEIND.NSIndia$3.20B-2%+13%8%21.7×27.5%+11.7%

Questions

Who are Gentex's main competitors?
Named competitors: Magna International (MG.TO), Ficosa (private or unlisted), Murakami Corporation (7292.T), Samvardhana Motherson International (MOTHERSON.NS), Tokai Rika (6995.T), Seeing Machines (SEE.L). The cockpit's measured peer set (industry) also includes Atmus Filtration Technologies (ATMU), Koito Manufacturing (7276.T), Ningbo Joyson Electronic (600699.SS), Fulin Precision (300432.SZ), Inter Cars (CAR.WA), Jtekt (6473.T).
Is Gentex expensive compared with its peers?
On forward p/e it trades at 9.9× against a peer median of 14.5×, 6th cheapest of 19 in its peer set. For today's price to make sense, revenue must grow about -5% a year for seven years (Req g). Recent delivered growth is +8%, so the hurdle is -13 pp: the price already allows for a slowdown.
How has Gentex stock performed?
Over six months to 6 Nov 2026 the shares returned -15.0% against -10.9% for the median peer; over one year -15.8%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.