olivLaw · US equity research
Gencor Industries, Inc. GENC
Construction Machinery & Equip · SIC 3531 · Vertical: Construction Machinery & Equip (SIC 3531)
Gencor Industries manufactures heavy machinery in the United States for highway construction, mainly hot mix asphalt plants, asphalt pavers, combustion systems and fluid heat transfer systems. The company reported net revenue of 115,437 thousand dollars in fiscal 2025, and its results still depend on order timing, with the IIJ Act scheduled to expire on September 30, 2026.
At the close of 05 Nov 2026, Gencor Industries, Inc. (GENC) stock was 16.72 USD (−4.73% on the day), with market capitalisation 133.9 m USD, P/E 15.6 on diluted EPS of 1.07 USD over the last 12 months, beta 1.05, 52-week range 12.23–20.00 USD. Latest reported quarter (Q3 2026): revenue of 33.8 m USD (+25.3% YoY), net income of 5.7 m USD (+48.5% YoY), diluted EPS 0.39 USD.
Data as of · AI analysis dated · Source: SEC filings and closing prices, computed by olivLaw.
Price history
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Technical reading
- RSI (14)
- 38.3
- weak (30–45)
- Bollinger (20, 2)
- 16.77 – 18.22
- below the lower band · %B -0.03 · band width 8.3%
- SMA 50 / 200
- 17.69 / 15.82
- mixed trend
- MACD (12, 26, 9)
- -0.15 / -0.10
- MACD below signal
Indicators describe past prices; on their own they do not predict direction. On our history the RSI ≤ 40 filter added no return (see the signals methodology).
Performance
| Company | S&P 500 | vs S&P 500 | Vertical median | |
|---|---|---|---|---|
| 1 month | −7.8% | −5.9% | −1.9 pp | — |
| 3 months | +15.7% | −4.6% | +20.3 pp | — |
| 6 months | +11.1% | +0.2% | +10.9 pp | — |
| Year to date | +29.0% | +7.4% | +21.6 pp | — |
| 1 year | +20.6% | +8.2% | +12.4 pp | +0.5% |
| 3 years | +21.2% | +68.4% | −47.3 pp | +24.3% |
| 5 years | +43.8% | +56.5% | −12.8 pp | — |
Price returns, dividends excluded.
Quarterly results
Latest quarter: Q3 2026 · 30 Jun 2026
Quarterly margins
Quarterly statements · USD
| Fiscal year | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 20.9 m | 31.4 m | 38.2 m | 27.0 m | 18.8 m | 23.6 m | 33.8 m | 33.8 m |
| Cost of revenue | 15.6 m | 22.7 m | 26.9 m | 19.8 m | 14.3 m | 16.8 m | 23.1 m | 24.4 m |
| Gross profit | 5.4 m | 8.7 m | 11.4 m | 7.1 m | 4.5 m | 6.8 m | 10.7 m | 9.4 m |
| Research & development | 795.0 k | 677.0 k | 681.0 k | 741.0 k | 659.0 k | 758.0 k | 629.0 k | 680.0 k |
| SG&A | 3.3 m | 3.4 m | 4.2 m | 3.3 m | 4.1 m | 2.9 m | 5.8 m | 3.0 m |
| Operating income | 1.2 m | 4.6 m | 6.5 m | 3.1 m | -223.0 k | 3.1 m | 4.2 m | 5.8 m |
| Depreciation & amortisation | 631.0 k | 622.0 k | 584.0 k ≈ | 576.0 k ≈ | 574.0 k | 542.0 k | 529.0 k ≈ | 482.0 k ≈ |
| Pre-tax income | 3.7 m | 5.2 m | 8.2 m | 5.2 m | 1.6 m | 4.7 m | 5.2 m | 7.2 m |
| Income tax | 2.3 m | 1.3 m | 2.1 m | 1.3 m | -289.0 k | 1.2 m | 1.3 m | 1.5 m |
| Net income | 1.5 m | 3.8 m | 6.1 m | 3.8 m | 1.9 m | 3.4 m | 3.8 m | 5.7 m |
| Diluted EPS | — | 0.26 | 0.42 | 0.26 | — | 0.23 | 0.26 | 0.39 |
| Operating cash flow | -3.2 m | 14.8 m | 12.4 m ≈ | -23.9 m ≈ | -275.0 k | 11.1 m | 6.9 m ≈ | -16.7 m ≈ |
| Capex | 77.0 k | 319.0 k | 141.0 k ≈ | 491.0 k ≈ | 1.0 m | 973.0 k | 179.0 k ≈ | 546.0 k ≈ |
≈ derived quarter (cumulative difference / share-days average)
E/P over time
E/P = trailing-12-month diluted EPS / price at quarter end. E/P is the inverse of P/E and stays defined when earnings are negative.
Today's P/E sits at the 28 percentile of its own 29-quarter history (min 12.7, median 25.7, max 71.0; quarters with earnings only).
Fiscal years
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 98.6 m | 81.3 m | 77.4 m | 85.3 m | 103.5 m | 105.1 m | 113.2 m | 115.4 m |
| Revenue YoY | +22.3% | −17.5% | −4.8% | +10.1% | +21.3% | +1.5% | +7.7% | +2.0% |
| Net income | 12.7 m | 10.2 m | 5.5 m | 5.8 m | -372.0 k | 14.7 m | 14.6 m | 15.7 m |
| Net income YoY | +50.8% | −19.7% | −45.8% | +5.0% | −106.4% | unavailable | −0.7% | +7.6% |
| Diluted EPS | 0.86 | 0.69 | 0.38 | 0.39 | -0.03 | 1.00 | 0.99 | 1.07 |
| Diluted EPS YoY | +50.9% | −19.8% | −44.9% | +2.6% | −107.7% | unavailable | −1.0% | +8.1% |
| net % | 12.9% | 12.5% | 7.1% | 6.8% | -0.4% | 14.0% | 12.9% | 13.6% |
| Free cash flow | -15.5 m | 2.1 m | 25.2 m | 1.2 m | -13.7 m | 7.5 m | 8.5 m | 1.1 m |
Reported results vs expectations
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Balance sheet & financial health
Fiscal year 2025 · 30 Sept 2025
- Cash
- 26.6 m USD
- Financial debt
- 0 USD
- Net debt
- -26.6 m USD
- Equity
- 211.8 m USD
- Total assets
- 222.6 m USD
- Debt / equity
- 0.00x
- Current ratio
- 23.44x
- ROE
- 7.7%
- ROA
- 7.3%
- FCF margin
- 1.0%
Financial statements (source on every figure)
Revenue and net income (USD)
Margins
Income statement · USD
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|---|---|---|
| Revenue | 77.4 m | 85.3 m | 103.5 m | 105.1 m | 113.2 m | 115.4 m | SEC (XBRL)· 09 Dec 2025verified |
| Cost of revenue | 58.5 m | 67.1 m | 82.9 m | 76.0 m | 81.8 m | 83.7 m | SEC (XBRL)· 09 Dec 2025verified |
| Gross profit | 19.0 m | 18.2 m | 20.5 m | 29.0 m | 31.3 m | 31.7 m | SEC (XBRL)· 09 Dec 2025verified |
| Research & development | 3.1 m | 4.3 m | 4.3 m | 3.5 m | 3.3 m | 2.8 m | SEC (XBRL)· 09 Dec 2025verified |
| SG&A | 10.4 m | 13.2 m | 12.1 m | 12.2 m | 14.3 m | 14.9 m | SEC (XBRL)· 09 Dec 2025verified |
| Operating income | 5.5 m | 701.0 k | 4.2 m | 13.4 m | 13.7 m | 14.0 m | SEC (XBRL)· 09 Dec 2025verified |
| Depreciation & amortisation | 1.6 m | 2.6 m | 2.8 m | 2.8 m | 2.6 m | 2.4 m | SEC (XBRL)· 09 Dec 2025verified |
| EBITDA | 7.2 m ≈ | 3.3 m ≈ | 7.0 m ≈ | 16.3 m ≈ | 16.3 m ≈ | 16.4 m ≈ | SEC (XBRL)· 09 Dec 2025derived |
| Pre-tax income | 6.7 m | 6.6 m | -1.7 m | 18.8 m | 20.7 m | 20.2 m | SEC (XBRL)· 09 Dec 2025verified |
| Income tax | 1.2 m | 829.0 k | -1.3 m | 4.1 m | 6.2 m | 4.5 m | SEC (XBRL)· 09 Dec 2025verified |
| Net income | 5.5 m | 5.8 m | -372.0 k | 14.7 m | 14.6 m | 15.7 m | SEC (XBRL)· 09 Dec 2025verified |
| Diluted EPS | 0.38 | 0.39 | -0.03 | 1.00 | 0.99 | 1.07 | SEC (XBRL)· 09 Dec 2025verified |
| Weighted average diluted shares | 14.7 m | 14.7 m | 14.7 m | 14.7 m | — | — | SEC (XBRL)· 13 Dec 2023verified |
≈ computed by olivLaw from the reported lines of the same year: Operating income + Depreciation & amortisation.
Balance sheet · USD
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|---|---|---|
| Cash | 35.6 m | 23.2 m | 9.6 m | 17.0 m | 25.5 m | 26.6 m | SEC (XBRL)· 09 Dec 2025verified |
| Receivables | 2.0 m | 2.6 m | 3.0 m | 2.5 m | 2.0 m | 3.1 m | SEC (XBRL)· 09 Dec 2025verified |
| Inventories | 27.1 m | 41.9 m | 55.8 m | 71.5 m | 63.8 m | 53.5 m | SEC (XBRL)· 09 Dec 2025verified |
| Current assets | 161.8 m | 166.8 m | 162.5 m | 179.0 m | 192.8 m | 206.5 m | SEC (XBRL)· 09 Dec 2025verified |
| Property, plant & equipment, net | 8.3 m | 11.8 m | 13.5 m | 13.2 m | 11.5 m | 11.1 m | SEC (XBRL)· 09 Dec 2025verified |
| Total assets | 171.1 m | 179.5 m | 179.3 m | 195.9 m | 208.1 m | 222.6 m | SEC (XBRL)· 09 Dec 2025verified |
| Accounts payable | 1.7 m | 3.1 m | 4.3 m | 3.3 m | 2.0 m | 1.8 m | SEC (XBRL)· 09 Dec 2025verified |
| Long-term debt | 0 | 0 | 0 | 0 | 0 | 0 | SEC (XBRL)· 09 Dec 2025verified |
| Current liabilities | 8.5 m | 11.4 m | 12.4 m | 14.2 m | 10.6 m | 8.8 m | SEC (XBRL)· 09 Dec 2025verified |
| Total liabilities | 9.9 m | 12.2 m | 12.4 m | 14.3 m | 12.0 m | 10.8 m | SEC (XBRL)· 09 Dec 2025verified |
| Equity | 161.2 m † | 167.3 m † | 166.9 m † | 181.6 m † | 196.1 m † | 211.8 m † | SEC (XBRL)· 09 Dec 2025verified |
† equity attributable to the parent's shareholders: in these years the issuer no longer reports the total including non-controlling interests.
Cash flow · USD
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|---|---|---|
| Operating cash flow | 26.8 m | 3.8 m | -9.1 m | 10.2 m | 9.3 m | 3.1 m | SEC (XBRL)· 09 Dec 2025verified |
| Capex | 1.6 m | 2.7 m | 4.5 m | 2.7 m | 840.0 k | 2.0 m | SEC (XBRL)· 09 Dec 2025verified |
| Free cash flow | 25.2 m ≈ | 1.2 m ≈ | -13.7 m ≈ | 7.5 m ≈ | 8.5 m ≈ | 1.1 m ≈ | SEC (XBRL)· 09 Dec 2025derived |
| Investing cash flow | -1.6 m | -16.4 m | -4.5 m | -2.7 m | -840.0 k | -2.0 m | SEC (XBRL)· 09 Dec 2025verified |
| Financing cash flow | 103.0 k | 264.0 k | — | — | — | — | SEC (XBRL)· 17 Dec 2021verified |
≈ computed by olivLaw from the reported lines of the same year: Operating cash flow − Capex.
Computed indicators
Growth
Profitability
Returns
Balance sheet
Liquidity
Cash
Efficiency
Market and valuation
Risk
Valuation
olivLaw classification
- score weight coverage: 43.8% of at least 60%
A scoring methodology on indicators and valuation, not investment advice.
Closing price
05 Nov 2026Source: olivLaw, closing series
Market cap: 133.9 m USD
Key indicators
Coverage and freshness
Score by group
44% · Insufficient data
Estimated value range
The combined range = the median of the valid methods' low, central and high values; it is not a probability interval and does not cover every result. Envelope of all methods: 44.43 – 81.11 USD.
Valuation assumptions are editorial choices, not measured; beta is not measured.
Method ranges (USD per share)
— — Mid · ▏ Price
Valuation methods
- DCF (discounted cash flow)unavailable · input data missing
- Peers: EV/EBITDAunavailable · net debt missing: EV cannot be bridged to equity (missing debt is not zero)
- Peers: P/E44.43 – 81.11 (Mid 64.57)6 companies used · median multiple 34.7x · quartiles 23.9x – 43.6xAEBI, ASTE, CAT, CNH, MTW, PLOW
- Dividend discount (DDM)unavailable · the company pays no dividend: a dividend model needs an explicit initiation assumption
Classification (SIC) comparables group by industry code, not by economic activity; the direct group is an editorial selection by activity. Members' multiples are on their own trailing twelve months, at their own latest close.
Assumptions (illustrative, editorial)
- Risk-free rate
- 4.3%
- Equity risk premium
- 5.0%
- Beta (default)
- 1.00
- Cost of equity
- 9.3%
- Terminal growth
- 2.5%
Factor scorecard
Insufficient data
Minimum-evidence gate: score weight coverage: 43.8% of at least 60%
| Factor | Value | Score | Weight used |
|---|---|---|---|
| ROIC · Quality | unavailable | unavailable | — |
| Net margin · Quality | 13.5% | 86 (vs peers) | 14% |
| FCF conversion · Quality | -10.9% | 0 (on a fixed band) | 14% |
| Revenue CAGR 3Y · Growth | 3.7% | 31 (on a fixed band) | 19% |
| EPS CAGR 3Y · Growth | unavailable | unavailable | — |
| Net debt / EBITDA · Balance sheet | unavailable | unavailable | — |
| Interest coverage · Balance sheet | unavailable | unavailable | — |
| Current ratio · Balance sheet | 19.2x | 100 (on a fixed band) | 10% |
| P/E (TTM) · Valuation | 9.0x | 100 (vs peers) | 24% |
| EV/EBITDA · Valuation | unavailable | unavailable | — |
| FCF yield · Valuation | -1.2% | 0 (on a fixed band) | 19% |
| Shareholder yield (distributions) · Returns | unavailable | unavailable | — |
| Payout ratio (FCF) · Returns | unavailable | unavailable | — |
Factors without a value were dropped; the remaining weights were renormalised.
Score groups
- Balance sheet· partial100/100 · 1/3 factors with a value
- Growth· partial31/100 · 1/2 factors with a value
- Quality43/100 · 2/3 factors with a value
- Returns· partialunavailable · 0/2 factors with a value
- Valuation56/100 · 2/3 factors with a value
A «partial» group is computed from under half of its weight or from one factor: it is not a full assessment of the group.
Memo
GENCOR INDUSTRIES, INC. (GENC). Latest full fiscal year: 2025; data up to 2026-06-30.
Figures computed from the financial statements: revenue 115.4 m USD in 2025; YoY growth 2.0%; net margin 13.5%; ROE 6.9%.
The estimated value range is 44.43–81.11 USD per share (median of 1 methods, agreement: single method); assumptions are illustrative. Against the central value of 64.57 USD, the price of 16.72 USD leaves a potential of 286.2% (value / price − 1) and a margin of safety of 74.1% (1 − price / value). The range is the median of the methods' low, central and high values, not a probability interval.
Insufficient data for a verdict (score weight coverage: 43.8% of at least 60%).
Text generated deterministically from the figures shown; no language model. Not investment advice.
What supports the thesis
- Net margin: 13.5%
- Current ratio: 19.2x
- P/E (TTM): 9.0x
- The price is below the estimated value range
What contradicts it
- FCF conversion: -10.9%
- FCF yield: -1.2%
Not assessed (insufficient data or a ratio without meaning): ROIC, EPS CAGR 3Y, Net debt / EBITDA, Interest coverage, EV/EBITDA, Shareholder yield (distributions), Payout ratio (FCF).
Versus the vertical median
Construction Machinery & Equip (SIC 3531) · same industry (4-digit SIC) · compared with 7 companies
Multiples and returns vs the median
Price rebased to 100 (monthly, 5 years)
Companies in the vertical
| Market cap | P/E | ROE | Net margin | Revenue YoY | 1A / 3A | |
|---|---|---|---|---|---|---|
| CATCaterpillar Inc | 253.3 bn | 21.7 | 56.1% | 15.2% | +4.3% | −4% / +121% |
| CNHCnh Industrial N.V. | 13.9 bn | 45.2 | 4.0% | 1.7% | −8.8% | +19% / +5% |
| AEBIAebi Schmidt Holding AG | 859.1 m | 39.0 | 3.6% | 1.1% | +40.6% | −7% / unavailable |
| PLOWDouglas Dynamics, Inc | 849.9 m | 13.3 | 22.2% | 8.7% | +15.4% | +14% / +35% |
| ASTEAstec Industries, Inc. | 814.8 m | 71.2 | 1.7% | 0.7% | +8.1% | −20% / +14% |
| MTWThe Manitowoc Company, Inc. | 782.4 m | 30.4 | 3.8% | 1.1% | +2.9% | +92% / +51% |
| CMCOColumbus McKinnon Corporation | 478.2 m | — | -30.8% | -19.6% | +23.9% | +1% / −53% |
| GENCGencor Industries, Inc. | — | — | 6.9% | 13.5% | +2.0% | +21% / +21% |
1- and 3-year price returns: for GENC from daily closes (the same as the performance table), for the other companies from month-end closes.
olivLaw engine forecast
The world engine ran after the company's latest material disclosure. Probabilities are of TOUCHING a level within the horizon (not closing there) and sit next to the random walk (p_rw), the no-information benchmark.
The engine has no published run for this company yet.
Valuation scenarios (editable assumptions)
Illustrative scenarios
Illustrative: not forecasts and without probabilities. Each case is one coherent set of assumptions, computed on today's figures.
Estimated price (USD)
| Estimated price | Bear | Base | Bull |
|---|---|---|---|
| 1 years | 9.80 Total return -41% · Per year -41% | 17.34 Total return 4% · Per year 4% | 26.13 Total return 56% · Per year 56% |
| 3 years | 9.37 Total return -44% · Per year -18% | 18.65 Total return 12% · Per year 4% | 30.88 Total return 85% · Per year 23% |
| 5 years | 8.95 Total return -46% · Per year -12% | 20.06 Total return 20% · Per year 4% | 36.50 Total return 118% · Per year 17% |
- Exit P/E± 4.66
- Net margin± 3.26
- Annual revenue growth± 2.70
- Annual dilution± 0.27
AI analysis
AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.
In brief
Gencor Industries manufactures heavy machinery in the United States for highway construction, mainly hot mix asphalt plants, asphalt pavers, combustion systems and fluid heat transfer systems. The company reported net revenue of 115,437 thousand dollars in fiscal 2025 1, and its results still depend on order timing, with the IIJ Act scheduled to expire on September 30, 2026 12.
SWOT
Strengths
- Leading position in hot mix asphalt plants in North America, supported by patented technology and a balance sheet without long-term debt 13.
- High liquidity that allows the company to bridge slow periods in the order cycle without financing pressure 3.
- Products made entirely in the United States, giving the company direct control over quality.
Weaknesses
Opportunities
- The record backlog at March 31, 2026 gives visibility for coming periods, if it converts into shipments 3.
- If infrastructure funding is extended, demand for pavers and new plants could increase.
- Replacement of older plants and a trend toward more efficient plants can support orders over the medium term 1.
Risks
- Internal control weaknesseshigh
Management concluded that internal control over financial reporting was not effective at September 30, 2025, which could affect the accuracy and timeliness of reports 1.
- IIJ Act expiryhigh
If the infrastructure law is not renewed, demand for road equipment could fall 12.
- Dependence on large customersmedium
Losing a major customer or a drop in its activity could reduce revenue 1.
- Raw material costs and tariffsmedium
Higher steel, copper prices and tariffs could reduce margins if they cannot be passed on to customers 2.
- Volatile quarterly resultsmedium
Order timing and revenue recognition over time can produce weak quarters 12.
Investment thesis
What would need to be true (bull case)
What would break the thesis
- The IIJ Act, scheduled to expire on September 30, 2026, could reduce demand if funding is not continued 12.
- Internal control was described as ineffective, and remediation could require additional time and resources 1.
- Revenue fell in the quarter ended March 31, 2026, and trade show expenses reduced profit 3.
What to watch
- Backlog conversion and new orders after the quarter ended June 30, 2026Q3 2026
- Status of renewal or replacement of the IIJ infrastructure law2026
- Remediation of internal control weaknesses reported at September 30, 2025next 10-K
- Impact of tariffs and raw material costs on gross marginQ1 2027
Products, market & competition
AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.
The business
Gencor Industries, Inc. designs, manufactures and sells machinery used mainly for asphalt production and highway construction, along with environmental control equipment 1. Its core products are asphalt pavers, hot mix asphalt plants, combustion systems and fluid heat transfer systems, all manufactured in the United States and sold through company sales representatives and independent dealers 1. The business is seasonal: customers typically order between October and February, with shipments concentrated in late winter and spring 12.
The main demand drivers are government funding for highway construction and repair, the replacement of existing plants and a trend toward larger, more efficient plants 1. At fiscal year-end 2025 the company had 318 full-time employees, and no customer accounted for more than 10% of revenue in fiscal 2025 1.
The company has no long-term debt, and at March 31, 2026 it reported combined cash and marketable securities of 155.1 million dollars, a solid base for a seasonal operating cycle 3.
Segments
Hot mix asphalt plants
Asphalt plants are the company's core product, including the H&B line and counter flow drum mix technology regarded as an industry standard 1. Their demand depends on highway funding and the replacement of existing equipment 1.
Asphalt pavers
Pavers are sold under the Blaw-Knox brand, which dates to 1917, and the company acquired the paver assets of Volvo Construction Equipment North America in 2020 1.
Combustion and fluid heat transfer systems
Its General Combustion subsidiary produces industrial burners and thermal fluid heat transfer systems, which are also used in industries beyond road construction 1.
Market context
The core market is road construction and maintenance in the United States and Canada, where federal and state funding is decisive 1. The market is described as concentrated, with a small number of competitors in most product lines 1.
Quarterly orders and revenue are volatile because of the timing of shipments and the recognition of revenue over time on custom equipment 12.
Trends
- IIJ Act expiryheadwind
The Infrastructure Investment and Jobs Act is scheduled to expire on September 30, 2026, which could reduce demand if funding is not renewed 12.
- IIJA obligations still reaching statestailwind
Management noted that remaining IIJA funding obligations continued to flow to states, supporting the record backlog at March 31, 2026 3.
- Material costs and tariffsheadwind
Steel and copper prices, along with tariffs introduced by the U.S. administration, could raise costs if they cannot be passed on to customers 2.
- Margin improvementmixed
Gross margin rose in recent quarters, to 27.9% in the quarter ended June 30, 2026, suggesting better cost discipline, though it remains sensitive to order volumes 2.
Competitive position
Competition is intense, with the main factors being quality, price, delivery, availability, financing and technological capability 1. The company says it builds the highest quality equipment in the industry and that brand recognition and after-sale technical support matter 1.
Because the market is concentrated, a few large producers hold a significant share of demand in the main lines, and the company's edge rests more on know-how and innovation than on patents alone 1.
- Competitors not named in the supplied sources
The sources analysed do not name competitors, so no tickers are proposed.
- Asphalt plant manufacturers
The company mentions a small number of competitors in its product lines, without naming them in the documents analysed.
- Paver manufacturers
In pavers, competition is described in general terms of quality and brand reputation.
- Industrial burner suppliers
In combustion systems, the company compares its products on efficiency and maintenance costs.
Links, dependencies and risks
Who the company is tied to, from its own SEC filings (customers, suppliers, production, partners, competitors, countries, regulation), from the 5 %+ holders' statements (13D/13G) and from what other companies say about it. Click a node for its evidence; on a listed company the graph moves to it.
Loading the links…
News & filings
In the press
No news in our archive over the last 180 days.
SEC filings
- Quarterly report10 Aug 2026
- Current report17 Jun 2026Delisting notice
- Current report15 Jun 2026Results of operations · Financial statements and exhibits
- Quarterly report12 Jun 2026
- Current report04 Jun 2026Departure or appointment of officers
- Current report01 Jun 2026Delisting notice · Regulation FD disclosure · Financial statements and exhibits
- Current report20 May 2026Departure or appointment of officers
- Current report07 May 2026Item 5.01
- Current report06 Apr 2026Shareholder vote
- Quarterly report06 Feb 2026
Sources
- [1] Form 10-K, fiscal year ended 2025-09-30 · SEC / Gencor Industries, Inc. · 09 Dec 2025
- [2] Form 10-Q, quarter ended 2026-06-30 · SEC / Gencor Industries, Inc. · 10 Aug 2026
- [3] Form 8-K, results release (exhibit 99.1) · SEC / Gencor Industries, Inc. · 15 Jun 2026
Figures computed by olivLaw from SEC filings and closing prices; the qualitative analysis is AI-generated from cited sources. Not investment advice.