Gates Industrial Corporation plc Ordinary Shares (GTES) Company Bio
Gates Industrial Corporation plc manufactures and sells engineered power transmission and fluid power solutions worldwide. Its power transmission products include synchronous belts, V-belts, CVT belts, or micro-V belts, as well as related components, including sprockets, pulleys, water pumps, tensioners, or other accessories. The company’s power transmission product applications comprise stationary drives, mobile drives, engine systems, personal mobility products, and vertical lifts. Its fluid power products consist of hydraulic hoses and assemblies, hydraulic couplings, hydraulic tubing products, industrial hoses and assemblies, and engine hoses. The company’s fluid power products are used in stationary hydraulics, mobile hydraulics, engine systems, and other industrial applications. It serves various end markets, such as construction, agriculture, energy, automotive, transportation, general industrial, consumer products, and others. The company sells its engineered products under the Gates brand. It offers its products to replacement channel customers, as well as to original equipment manufacturers as specified components. The company was founded in 1911 and is based in Denver, Colorado
GTES Price Forecast Based on DCF Valuation
DCF Fair Value Target:
We started the process of determining a valid price forecast for Gates Industrial Corp plc with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Gates Industrial Corp plc ranked in the 54th percentile in terms of potential gain offered. More precisely, our analysis suggests the stock is undervalued by approximately 39.33% on a DCF basis. In terms of the factors that were most noteworthy in this DCF analysis for GTES, they are:
The business' balance sheet reveals debt to be 52% of the company's capital (with equity being the remaining amount). Approximately 71.18% of US stocks with free cash flow have a lower reliance on debt in their capital structure.
The weighted average cost of capital for the company is 8. This value is greater than 65.26% stocks in the Industrials sector that generate free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Industrials that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as GTES, try CMI, IR, LII, TNET, and BMI.
The financial regulations require hedge funds and wealthy investors that exceeded the $100 million equity holdings threshold to file a report that shows their positions at the end of every quarter. Even though it isn't the intention, these filings to a certain extent level the playing field for ordinary investors. The latest round of 13F […]
On a quest to "unchain" personal mobility, Gates (GTES) is refreshing its overall product portfolio.It's offering new and expanded component lines, offering next-generation sprockets, belts and cranksets optimized for ebikes, entry-level commuter and extreme performance bicycles."Demand is rising for alternative methods of transportation, as people look for smarter, more affordable,...
Gates (NYSE: GTES), a leading global provider of fluid power and power transmission solutions, is on a quest to "unchain" personal mobility. Around the world, demand is rising for alternative methods of transportation, as people look for smarter, more affordable, more environmentally friendly solutions to get to where they need to go.
I would prefer an intelligent hell to a stupid paradise.” - Blaise Pascal One month ago, we put the following oversold industrial concern into the model portfolio at The Busted IPO Forum. The shares are up 20% since that recommendation. However, with the global economy continuing with its "restart", the...
Gates Industrial Corporation plc (NYSE:GTES), a global manufacturer of innovative, highly engineered power transmission and fluid power solutions, today announced that the Company will participate in the virtual 2020 UBS Global Industrials and Transportation Conference on Wednesday, June 3, 2020.