Head to Head Survey: Gentex (NASDAQ:GNTX) vs. Custom Truck One Source (NYSE:CTOS)

Custom Truck One Source (NYSE:CTOS) and Gentex (NASDAQ:GNTX) are both auto/tires/trucks companies, but which is the better stock? We will contrast the two companies based on the strength of their analyst recommendations, institutional ownership, earnings, valuation, profitability, risk and dividends.

Valuation & Earnings

This table compares Custom Truck One Source and Gentex”s top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Custom Truck One Source	$1.94 billion	0.74	-$28.66 million	($0.12)	-52.84
Gentex	$2.31 billion	2.29	$404.49 million	$1.70	14.23

Gentex has higher revenue and earnings than Custom Truck One Source. Custom Truck One Source is trading at a lower price-to-earnings ratio than Gentex, indicating that it is currently the more affordable of the two stocks.

Profitability

This table compares Custom Truck One Source and Gentex’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Custom Truck One Source	-1.26%	-5.28%	-1.21%
Gentex	15.61%	15.86%	13.87%

Volatility & Risk

Custom Truck One Source has a beta of 1.28, indicating that its stock price is 28% more volatile than the S&P 500. Comparatively, Gentex has a beta of 0.78, indicating that its stock price is 22% less volatile than the S&P 500.

Insider and Institutional Ownership

90.1% of Custom Truck One Source shares are held by institutional investors. Comparatively, 86.8% of Gentex shares are held by institutional investors. 4.5% of Custom Truck One Source shares are held by insiders. Comparatively, 0.5% of Gentex shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

Analyst Recommendations

This is a breakdown of recent recommendations for Custom Truck One Source and Gentex, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Custom Truck One Source	2	3	2	0	2.00
Gentex	0	7	2	0	2.22

Custom Truck One Source currently has a consensus target price of $7.13, suggesting a potential upside of 12.36%. Gentex has a consensus target price of $28.29, suggesting a potential upside of 16.91%. Given Gentex’s stronger consensus rating and higher possible upside, analysts clearly believe Gentex is more favorable than Custom Truck One Source.

Summary

Gentex beats Custom Truck One Source on 10 of the 13 factors compared between the two stocks.

About Custom Truck One Source

Custom Truck One Source, Inc. provides specialty equipment rental and sale services to the electric utility transmission and distribution, telecommunications, rail, forestry, waste management, and other infrastructure-related industries in the United States and Canada. The company operates through three segments: Equipment Rental Solutions (ERS), Truck and Equipment Sales (TES), and Aftermarket Parts and Services (APS). The ERS segment owns new and used specialty equipment, including truck-mounted aerial lifts, cranes, service trucks, dump trucks, trailers, digger derricks, and other machinery and equipment. The TES segment offers new equipment for sale to be used for end-markets, which can be modified to meet customers specific needs. The APS segment provides truck and equipment maintenance and repair services; and rents and sells specialized tools, including stringing blocks, insulated hot stick, and rigging equipment, as well as sale of specialized aftermarket parts. The company was formerly known as Nesco Holdings, Inc. and changed its name to Custom Truck One Source, Inc. in April 2021. Custom Truck One Source, Inc. was founded in 1988 and is headquartered in Kansas City, Missouri.

About Gentex

Gentex Corporation designs, develops, manufactures, markets, and supplies digital vision, connected car, dimmable glass, and fire protection products in the United States, Germany, Japan, Mexico, Republic of Korea, and internationally. It operates through Automotive Products and Other segments. The company offers automotive products, including interior and exterior electrochromic automatic-dimming rearview mirrors, automotive electronics, and non-automatic-dimming rearview mirrors for automotive passenger cars, light trucks, pick-up trucks, sport utility vehicles, and vans for original equipment manufacturers, automotive suppliers, and various aftermarket and accessory customers. It also provides variable dimmable windows to aircraft manufacturers and airline operators. In addition, the company offers photoelectric smoke detectors and alarms, electrochemical carbon monoxide alarms and detectors, audible and visual signaling alarms, and bells and speakers used in fire detection systems in office buildings, hotels, and other commercial and residential buildings, as well as researches and develops nanofiber chemical sensing products. It sells its fire protection products directly, as well as through sales managers and manufacturer representative organizations to fire protection and security product distributors, electrical wholesale houses, and original equipment manufacturers of fire protection systems. Gentex Corporation was incorporated in 1974 and is headquartered in Zeeland, Michigan.