posted by mark
on Wed, 03/07/2018 - 16:39
I built a position in Gentex (GNTX) last summer. This is what tweeked my interest.
- The produce dimable mirrors for vehicles (Planes too, but that is small potatoes). I have one on my Passat and it has served me well from those bright halogen lights behind me.
- They supply European, Japanese, Koran and US automakers. With the dollar falling, it makes it even cheaper for the foreign manufacturers The international diversification should bode well for their financial stability.
- Their PE is a reasonable 16.25 in a rather heated equity market.
- Their history shows a judious use of LT debt. The use it conservatively and pay it down quickly.
- Their revenues from 2012 to 2017 have grown at a 10.3% compounded rate.
- Their net income from 2012 to 2017 have grown at a 19.2% compounded rate.
- Their dividend yield is 1.77%
- Their return on equity is consistantly over 15.7 % and climbing. It was 20.5% in 2017
- Their return on assets is growing nicely.
- Their return on revenue is trending higher.
Take a look at the numbers yourself. Yuu might see something you like! You make the call.
