MagicDiligence
Magic Recipe -0.76%
Deep Value -0.29%
Star List 0.14%
S&P 0.11%
Today's Performance (see long-term performance)

Gentex Corporation


$20.95
$6.1 Billion
9.3%
6.1%
66.4%
36.9%
43.6%
24.2%
0.0%
7.71
Logo

Instant Diligence

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Company Description

Gentex Corporation designs, develops, manufactures, and markets electro-optical products for the automotive, commercial building and aircraft industries primarily in the United States, Germany and Japan. The Company's major segment involves designing, developing, manufacturing and marketing interior and exterior auto-dimming automotive rearview mirrors that utilize proprietary electro chromic technology to dim in proportion to the amount of headlight glare from trailing vehicle headlamps. It offers automotive mirrors, including automatic-dimming rearview mirrors, such as interior auto-dimming mirrors and exterior auto-dimming mirror sub-assemblies; and non-automatic-dimming rearview mirrors with electronic features. It also provides fire protection products, which include smoke alarms and smoke detectors combined with various models of signaling appliances for office buildings, hotels, motels, military bases, college dormitories, nursing homes and other commercial establishments; and single-station alarms for commercial and residential applications. Gentex offers variable dimmable windows to the aircraft manufacturers. It sells its automotive mirror products directly through a direct sales force; and fire protection products directly and through manufacturer representative organizations to fire protection and security product distributors, electrical wholesale houses, and original equipment manufacturers of fire protection systems. The company was founded by Fred Bauer in 1974 and is headquartered in Zeeland, MI.

Calculations

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Reviewing the Magic Recipe Stocks: #21-30

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