Gencor Industries Inc. (NASDAQ:GENC)

CAPS Rating: 5 out of 5


Player Avatar wallypk1 (59.22) Submitted: 6/16/2008 5:08:23 PM : Outperform Start Price: $13.08 GENC Score: -72.64

Gencor Industries is a manufacturer of heavy machinery used in such things a road construction. Gencor also produces hot mis silos, fabric filtration systems, cold feed bins, pumping equipment for very viscous materials, rotary dryers, fluid heat transfer systems and other highly specialized equipment. The campany has been in business since 1968. It was formerly inown as Mechtron International but the name was changed to Gencor in 1987.

The current P/E is under 6 with earnings of $2.43/share and a current price of only $13.07. Gencor appears to be seriously undervalued in todays market.

Forcast earnings growth per share for the coming year are over 30%.

With our country's serious infrastructure problems, we have a lot of catching up to do in bridge and highway repair and construction. Gencor appears to have very good fundamentals for long term solid growth.

A share price increase of over 100% would not be out of the question.

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