| Nov 25 | Feb 26 | May 26 | Aug 26 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Buy | — | — | — | — | — | — | — | — | — | — | — | — |
| Sell | — | — | — | — | — | — | — | — | — | — | — | — |
| total | individual payouts | |
|---|---|---|
| 2020 | ‡‡‡ |
|
| 2019 | ‡‡‡ |
|
| 2018 | ‡‡‡ |
|
| 2017 | ‡‡‡ |
|
| 2023 | 2024 | 2025 | Q'26 | |
|---|---|---|---|---|
| Cash | 101.28 | 115.41 | 136.30 | 164.17 |
| Receivables | 2.47 | 1.98 | 3.13 | 2.80 |
| Inventory | 71.53 | 63.76 | 53.50 | 46.99 |
| Other | 1.51 | 9.34 | 12.21 | 6.40 |
| 178.95 | 192.84 | 206.54 | 222.91 |
| 2023 | 2024 | 2025 | Q'26 | |
|---|---|---|---|---|
| Payables | 3.27 | 2.00 | 1.84 | 3.61 |
| ST’ Debt | 0.33 | — | — | — |
| Other | 6.82 | 5.02 | 3.89 | 5.85 |
| 14.17 | 10.60 | 8.81 | 11.63 |
| 10y | 5y | 3y | |
| Sales | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Cash Flow | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡ |
| Earnings | ‡‡‡ | ‡‡‡‡‡ | ‡‡‡ |
| Book Value | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Dec | Mar | Jun | Sep | Year | |
|---|---|---|---|---|---|
| ’26 | 23.58 | 33.80 | 33.81 | — |
—
|
| ’25 | 31.42 | 38.20 | 26.99 | 18.83 |
115.44
|
| ’24 | 26.02 | 40.68 | 25.55 | 20.92 |
113.17
|
| ’23 | 25.83 | 30.50 | 27.88 | 20.87 |
105.08
|
| ’22 | 20.11 | 30.65 | 29.65 | 23.07 |
103.48
|
| ’21 | 18.96 | 21.35 | 24.92 | 20.04 |
85.28
|
| ’20 | 18.03 | 25.99 | 22.94 | 10.46 |
77.42
|
| Dec | Mar | Jun | Sep | Year | |
|---|---|---|---|---|---|
| ’26 | 11.12 | 6.91 | (16.66) | — |
—
|
| ’25 | 14.81 | 12.44 | (23.90) | (0.27) |
3.07
|
| ’24 | 1.89 | 11.67 | (1.05) | (3.22) |
9.29
|
| ’23 | (2.90) | 12.95 | (11.70) | 11.85 |
10.20
|
| ’22 | (0.98) | 2.03 | (2.62) | (7.56) |
(9.13)
|
| ’21 | 3.71 | 5.58 | (1.15) | (4.31) |
3.82
|
| ’20 | 4.05 | 5.11 | 0.25 | 17.37 |
26.77
|
| Dec | Mar | Jun | Sep | Year | |
|---|---|---|---|---|---|
| ’26 | 10.14 | 6.73 | (17.21) | — |
—
|
| ’25 | 14.49 | 12.30 | (24.40) | (1.29) |
1.11
|
| ’24 | 1.53 | 11.65 | (1.43) | (3.30) |
8.45
|
| ’23 | (3.60) | 12.48 | (12.26) | 10.83 |
7.45
|
| ’22 | (1.98) | 1.32 | (3.10) | (9.89) |
(13.65)
|
| ’21 | 2.77 | 4.78 | (1.87) | (4.52) |
1.16
|
| ’20 | 4.04 | 4.40 | (0.28) | 17.02 |
25.18
|
| Dec | Mar | Jun | Sep | Year | |
|---|---|---|---|---|---|
| ’26 | 0.23 | 0.41 | 0.39 | — |
—
|
| ’25 | 0.26 | 0.42 | 0.26 | 0.13 |
1.07
|
| ’24 | 0.30 | 0.42 | 0.17 | 0.10 |
0.99
|
| ’23 | 0.24 | 0.33 | 0.22 | 0.21 |
1.00
|
| ’22 | (0.02) | 0.03 | (0.07) | 0.03 |
(0.03)
|
| ’21 | 0.11 | 0.16 | 0.16 | (0.03) |
0.39
|
| ’20 | 0.17 | (0.04) | 0.29 | (0.04) |
0.38
|
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡‡ | 8.38 | 9.80 | 15.24 | 10.80 | — | — | — |
Low Price
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 12.33 | 16.72 | 24.88 | 18.10 | — | — | — |
High Price
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 367 | 317 | 323 | 318 | — | — | — |
Employees
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 0.28 | 0.33 | 0.35 | 0.36 | — | — | — |
Revenue/Emp
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 103.48 | 105.08 | 113.17 | 115.44 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Revenue
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 19.85% | 27.63% | 27.68% | 27.47% | — | — | — |
Gross Margin
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (1.69) | 18.78 | 20.73 | 20.20 | — | — | — |
EBT
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (1.64%) | 17.87% | 18.32% | 17.50% | ‡‡‡ | ‡‡‡ | ‡‡‡ |
EBT Margin
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (0.37) | 14.67 | 14.56 | 15.66 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Net Income
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 2.82 | 2.83 | 2.60 | 2.36 | — | — | — |
Depreciation
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 7.06 | 7.17 | 7.72 | 7.88 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Revenue/Sh
|
| ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡ | ‡‡‡‡ | ‡‡‡ | (0.03) | 1.00 | 0.99 | 1.07 | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ |
Earnings/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (0.62) | 0.70 | 0.63 | 0.21 | — | — | — |
Cash Flow/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (0.31) | (0.19) | (0.06) | (0.13) | ‡‡‡ | ‡‡‡ | ‡‡‡ |
Capex/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (0.93) | 0.51 | 0.58 | 0.08 | — | — | — |
Free CF/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 11.39 | 12.39 | 13.38 | 14.45 | — | — | — |
Book Value/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 14.66 | 14.66 | 14.66 | 14.66 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Shares
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 0.00 | 13.58 | 21.07 | 13.67 | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ |
PE Ratio
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 1.28 | 1.89 | 2.70 | 1.86 | ‡‡‡ | ‡‡‡ | ‡‡‡ |
PS Ratio
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 0.79 | 1.10 | 1.56 | 1.01 | ‡‡‡ | ‡‡‡ | ‡‡‡ |
PB Ratio
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 0.32 | 0.93 | 1.69 | 0.68 | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ |
EV/Sales
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (2.46) | 13.18 | 22.57 | 71.07 | — | — | — |
EV/FCF
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (9.13) | 10.20 | 9.29 | 3.07 | ‡‡‡ | ‡‡‡ | ‡‡‡ |
Op' Cash Flow
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (4.52) | (2.75) | (0.84) | (1.96) | — | — | — |
Capex
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (13.65) | 7.45 | 8.45 | 1.11 | — | — | — |
FCF
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 150.09 | 164.79 | 182.24 | 197.73 | — | — | — |
Working Cap'
|
| — | — | — | — | ‡‡‡‡‡ | ‡‡‡‡‡ | 0.40 | 0.33 | — | — | — | — | — |
Total Debt
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (98.48) | (100.95) | (115.41) | (136.30) | — | — | — |
Net Debt
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 166.92 | 181.58 | 196.14 | 211.80 | — | — | — |
Sh' Equity
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (0.21%) | 7.82% | 7.21% | 7.27% | — | — | — |
ROA
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 3.81% | 10.41% | 10.60% | 11.60% | — | — | — |
ROIC
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (0.22%) | 8.42% | 7.71% | 7.68% | — | — | — |
ROE
|
Gencor Industries (GENC), a specialized maker of asphalt and concrete plants for highway projects, has shown impressive resilience through construction industry ups and downs. From 2016 to 2024, revenue grew from $70 million to $113 million at a 6.2% CAGR, fueled by productivity boosts—like revenue per employee jumping 37% to $350,000—and tailwinds from the $1.2 trillion Infrastructure Investment and Jobs Act (IIJA). Despite a pandemic slump and a rare 2022 loss, margins rebounded sharply to 27.7% gross and 18.3% EBT by 2024, backed by a rock-solid balance sheet: net cash of $115 million, equity up 63% to $196 million, and steady free cash flow.
Trading at modest multiples (21x trailing PE, 1.6x PB), GENC offers analyst consensus for 16% upside from recent levels, with stable EPS projections through 2028. Insider activity is flat, but fundamentals shine—ROIC at 11.6%, no share dilution, and stock prices tightly correlated to revenue and earnings swings. Forecasts see a near-term revenue dip to $104 million in 2026 before accelerating to $136 million by 2028 on infrastructure momentum.
Yet risks like cyclical construction slowdowns and margin pressures loom, with models showing 65% odds of 10%+ CAGR upside versus 25% downside. For patient investors eyeing undervalued cash machines in infra plays, GENC’s efficiency and analyst alignment make it a compelling watch—read the full analysis for the numbers that could double your money like post-2022.
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