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Ticker
GTES

Price
17.41
Stock movement up
+0.23 (1.34%)
Company name
Gates Industrial Corporation plc
Exchange
(NYSE
,
Currency
USD
)
Sector
Industrials >
Specialty Industrial Machinery
Market cap
4.43B
Ent value
7.52B
Price/Sales
1.29
Price/Book
1.28
Div yield
-
Div growth
-
Growth years
-
FCF payout
-
Trailing P/E
20.05
Forward P/E
11.03
PEG
-
EPS growth
0.10%
1 year return
0.35%
3 year return
9.86%
5 year return
19.31%
10 year return
-
Last updated: 2025-04-11

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DIVIDENDS

GTES does not pay dividends or no data was received

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VALUATION

Valuation Ratios

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Valuation Ratios data
Trailing P/E20.05
Price to OCF11.73
Price to FCF15.47
Price to EBITDA6.16
EV to EBITDA10.45

Valuation (Sales/Book Value)

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Valuation (Sales/Book Value) data
Price to Sales1.29
Price to Book1.28
EV to Sales2.19
Gates Industrial's growing margins & strong expected EPS growth should result in a higher share price. See why GTES stock is a Buy.
December 17, 2024

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FINANCIALS

Per share

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Per share data
Current share count254.72M
EPS (TTM)0.84
FCF per share (TTM)1.09

Income statement

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Income statement data
Revenue (TTM)3.44B
Gross profit (TTM)1.36B
Operating income (TTM)493.20M
Net income (TTM)221.20M
EPS (TTM)0.84
EPS (1y forward)1.58

Margins

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Margins data
Gross margin (TTM)39.64%
Operating margin (TTM)14.33%
Profit margin (TTM)6.43%

Balance Sheet

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Balance Sheet data
Cash574.40M
Net receivables811.80M
Total current assets2.40B
Goodwill2.00B
Intangible assets1.29B
Property, plant and equipment0.00
Total assets7.12B
Accounts payable427.50M
Short/Current long term debt2.50B
Total current liabilities795.60M
Total liabilities3.66B
Shareholder's equity3.46B
Net tangible assets0.00

Cash flow

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Cash flow data
Operating cash flow (TTM)378.00M
Capital expenditures (TTM)91.40M
Free cash flow (TTM)286.60M
Dividends paid (TTM)0.00

Financial returns

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Financial returns data
Return on Equity6.40%
Return on Assets3.11%
Return on Invested Capital6.33%
Cash Return on Invested Capital8.20%

iO Charts is a Seeking Alpha partner

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STOCK INFORMATION

Stock chart

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Stock price data
Open17.09
Daily high17.50
Daily low16.75
Daily Volume2.65M
All-time high23.51
1y analyst estimate24.55
Beta1.39
EPS (TTM)0.84
Dividend per share-
Ex-div date-
Next earnings date29 Apr 2025

Downside potential

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Downside potential data
GTESS&P500
Current price drop from All-time high-25.95%-12.89%
Highest price drop-70.06%-56.47%
Date of highest drop17 Mar 20209 Mar 2009
Avg drop from high-29.59%-11.07%
Avg time to new high95 days12 days
Max time to new high1540 days1805 days

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COMPANY DETAILS
GTES (Gates Industrial Corporation plc) company logo
Marketcap
4.43B
Marketcap category
Mid-cap
Description
Gates Industrial Corporation plc manufactures and sells engineered power transmission and fluid power solutions worldwide. It operates in two segments, Power Transmission and Fluid Power. The company offers synchronous or asynchronous belts, including V-belts, CVT belts, and Micro-V belts, as well as related components, such as sprockets, pulleys, water pumps, tensioners, and other accessories; solutions for stationary and mobile drives, engine systems, and personal mobility application platforms; metal drive components; and kits for automotive replacement channels. It also provides fluid power solutions comprising stationary hydraulics, mobile hydraulics, vehicle systems, and other industrial application platforms; and hydraulics, including hoses, tubing, coupling, and fittings, as well as assemblies. The company's products are used in applications across various markets, including industrial off-highway, such as construction and agriculture; first-fit end markets; industrial on-highway commercial vehicles comprising heavy-duty trucks and buses, energy and resources, automotive, and personal mobility; and various industrial applications, such as automated manufacturing and logistics systems. It sells its products under the Gates brand. It offers its products to replacement channel customers, as well as to original equipment manufacturers. The company was founded in 1911 and is headquartered in Denver, Colorado.
Employees
14700
Investor relations
-
SEC filings
CEO
Ivo Jurek
Country
USA
City
Denver
Stock type
Common stock
CCC status
-
Dividend Frequency
-
EVENTS AND PRESENTATIONS
EventsPresentations
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UNDERSTAND THE BUSINESS
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COMPANY NEWS
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