What is the ROCE (Return on Capital Employed) of Gentex this year?
The ROCE of Gentex is 0.21 undefined this year.
Gentex ROCE 2024
Gentex ROCE
0.21
Gentex Dividend yield
1.4 %
Ticker
GNTX
ISIN
US3719011096
WKN
868891
In 2024, Gentex's return on capital employed (ROCE) was 0.21, a 19.69% increase from the 0.18 ROCE in the previous year.
Gentex Aktienanalyse
What does Gentex do?
Gentex Corporation is an American company specializing in the development and manufacturing of high-tech products for the automotive and aviation sectors. The company, based in Zeeland, Michigan, was founded in 1974 and has since produced numerous innovations in the areas of safety, comfort, and connectivity. Gentex is globally recognized for its innovative and high-quality products. The company specializes in the development of electronics and optics products for the automotive industry that enhance driving comfort, safety, and connectivity. Gentex's most well-known product is the automatic dimming rearview mirror, which automatically detects and dims the glare from other vehicles. Over the years, Gentex has expanded its product range to include automatic dimming exterior mirrors, camera-based lane change assist systems, blind-spot warning systems, rain sensors, and in-car vision systems for autonomous vehicles. Gentex also focuses on the aviation industry and offers a wide range of products, including specialty helmet visors, autodimming windows, uniforms, earplugs, and oxygen masks for aircraft. In addition to the dimming rearview mirror, Gentex has also developed the HomeLink system, which allows for the control of various functions in a home, such as garage doors and lighting, through a wireless remote control. Gentex's business model is based on the manufacturing and sale of high-tech electronic products known for their quality, reliability, and innovation. The company takes pride in being a sustainable company and is committed to the environment by offering recycling programs for its products. Since its founding, Gentex has experienced steady growth. In recent years, the company has also made numerous acquisitions to expand its product range and tap into new markets. One of the most important acquisitions was the purchase of Flightcom, a specialist in earplugs for the aviation and aerospace industries, in 2005. This acquisition allowed Gentex to enhance its product offerings for the aviation industry. Gentex has also heavily invested in research and development in recent years, leading to groundbreaking product innovations to solidify its position as a leading provider of high-tech products in the automotive and aviation industries. Gentex offers a wide and diverse range of products, from dimming rearview mirrors to autodimming windows, uniforms, and oxygen masks for aircraft. The company is known for its innovative technology and relentless efforts to improve driving comfort and safety. Gentex has made significant investments in research and development and remains committed to its principles of quality, reliability, and sustainability. Gentex ist eines der beliebtesten Unternehmen auf Eulerpool.com.ROCE Details
Unraveling Gentex's Return on Capital Employed (ROCE)
Gentex's Return on Capital Employed (ROCE) is a financial metric that measures the company's profitability and efficiency with respect to the capital employed. It is calculated by dividing earnings before interest and tax (EBIT) by the employed capital. A higher ROCE indicates that the company is effectively utilizing its capital to generate profits.
Year-to-Year Comparison
Analyzing Gentex's ROCE annually provides valuable insights into its efficiency in using its capital to generate profits. An increasing ROCE indicates improved profitability and operational efficiency, whereas a decrease might signal potential issues in capital utilization or business operations.
Impact on Investments
Gentex's ROCE is a critical factor for investors and analysts for evaluating the company’s efficiency and profitability. A higher ROCE can make the company an attractive investment, as it often signifies that the firm is generating adequate profits from its employed capital.
Interpreting ROCE Fluctuations
Changes in Gentex’s ROCE are attributed to variations in EBIT or the capital employed. These fluctuations offer insights into the company’s operational efficiency, financial performance, and strategic financial management, assisting investors in making informed investment decisions.
Frequently Asked Questions about Gentex Stock
How has the ROCE (Return on Capital Employed) of Gentex developed compared to the previous year?
The ROCE of Gentex has increased by 19.69% increased compared to the previous year.
What does a high ROCE (Return on Capital Employed) mean for investors of Gentex?
A high Return on Capital Employed (ROCE) indicates that Gentex has efficient capital utilization and is able to achieve a higher return on its invested capital. This can be appealing to investors.
What does a low ROCE (Return on Capital Employed) mean for investors of Gentex?
A low ROCE (Return on Capital Employed) can indicate that Gentex has an inefficient utilization of its capital and may have difficulty in achieving a satisfactory return on its invested capital. This can be uncertain or unattractive for investors.
How does an increase in ROCE from Gentex impact the company?
An increase in the ROCE of Gentex can be an indicator of improved company efficiency and show that it is achieving higher profits in relation to its investments.
How does a reduction in the ROCE of Gentex affect the company?
A decrease in ROCE of Gentex can be an indicator of deteriorated efficiency of the company, indicating that it is generating lower profits in relation to its investments.
What are some factors that can influence the ROCE of Gentex?
Some factors that can affect Gentex's ROCE include efficiency in managing assets, profitability of investments, cost efficiency, and market conditions.
Why is the ROCE of Gentex so important for investors?
The ROCE of Gentex is important for investors as it is an indicator of the company's efficiency and shows how successful the company is in relation to its investments. A high ROCE can indicate strong financial performance of the company.
What strategic measures can Gentex take to improve the ROCE?
To improve the ROCE, Gentex can take measures such as increasing efficiency in asset management, optimizing investments, cost savings, and exploring new revenue sources. It is important for the company to conduct a thorough review of its operations to determine the best strategic actions to improve the ROCE.
How much dividend does Gentex pay?
Over the past 12 months, Gentex paid a dividend of 0.48 USD . This corresponds to a dividend yield of about 1.4 %. For the coming 12 months, Gentex is expected to pay a dividend of 0.53 USD.
What is the dividend yield of Gentex?
The current dividend yield of Gentex is 1.4 %.
When does Gentex pay dividends?
Gentex pays a quarterly dividend. This is distributed in the months of August, November, February, May.
How secure is the dividend of Gentex?
Gentex paid dividends every year for the past 25 years.
What is the dividend of Gentex?
For the upcoming 12 months, dividends amounting to 0.53 USD are expected. This corresponds to a dividend yield of 1.54 %.
In which sector is Gentex located?
Gentex is assigned to the 'Cyclical consumption' sector.
Wann musste ich die Aktien von Gentex kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Gentex from 4/17/2024 amounting to 0.12 USD, you needed to have the stock in your portfolio before the ex-date on 4/4/2024.
When did Gentex pay the last dividend?
The last dividend was paid out on 4/17/2024.
What was the dividend of Gentex in the year 2023?
In the year 2023, Gentex distributed 0.48 USD as dividends.
In which currency does Gentex pay out the dividend?
The dividends of Gentex are distributed in USD.
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Andere Kennzahlen von Gentex
Our stock analysis for Gentex Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Gentex Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
