Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Gentex's share price for the quarter that ended in Dec. 2023 was $32.66. Gentex's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 231 Mil. Therefore, Gentex's market cap for the quarter that ended in Dec. 2023 was $7,559 Mil.
Gentex's quarterly market cap
increased
from Jun. 2023 ($6,830 Mil) to Sep. 2023 ($7,590 Mil) but then
declined
from Sep. 2023 ($7,590 Mil) to Dec. 2023 ($7,559 Mil).
Gentex's annual market cap
declined
from Dec. 2021 ($8,240 Mil) to Dec. 2022 ($6,386 Mil) but then
increased
from Dec. 2022 ($6,386 Mil) to Dec. 2023 ($7,559 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Gentex's Enterprise Value for Today is $7,633 Mil.
Gentex Market Cap Historical Data
The historical data trend for Gentex's Market Cap can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Auto Parts subindustry, Gentex's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Gentex's Market Cap Distribution in the Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Gentex's Market Cap distribution charts can be found below:
* The bar in red indicates where Gentex's Market Cap falls into.
Gentex Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Gentex's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Gentex (NAS:GNTX) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Gentex Market Cap Related Terms
Thank you for viewing the detailed overview of Gentex's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Gentex was founded in 1974 to produce smoke-detection equipment. The company sold its first glare-control interior mirror in 1982 and its first model using electrochromic technology in 1987. Automotive revenue is about 98% of total revenue. The company is constantly developing new applications for the technology to remain on top. Sales in 2022 totaled about $1.9 billion with 44.2 million mirrors shipped. The unit mix breaks out as 65% interior and 35% exterior, versus about 32% exterior in 2020. The company is based in Zeeland, Michigan.
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