Gates Industrial Corporation plc Ordinary Shares (GTES): Price and Financial Metrics


Gates Industrial Corporation plc Ordinary Shares (GTES)

Today's Latest Price: $14.81 USD

0.31 (2.14%)

Updated Jan 22 7:00pm

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Overall POWR Rating


POWR Components:

 Trade Grade  Buy & Hold Grade  Peer Grade  Industry Rank


Industry Rank:

Ranked of 67 in Auto Parts

See all "A" rated Strong Buy stocks

GTES Stock Summary

  • Gates Industrial Corp plc's stock had its IPO on January 25, 2018, making it an older stock than just 9.04% of US equities in our set.
  • GTES's current price/earnings ratio is 57.81, which is higher than 80.99% of US stocks with positive earnings.
  • Of note is the ratio of Gates Industrial Corp plc's sales and general administrative expense to its total operating expenses; 80.82% of US stocks have a lower such ratio.
  • Stocks with similar financial metrics, market capitalization, and price volatility to Gates Industrial Corp plc are SSP, FUL, PRAA, HSC, and MIDD.
  • Visit GTES's SEC page to see the company's official filings. To visit the company's web site, go to www.gates.com.

GTES Stock Price Chart Interactive Chart >

Price chart for GTES

GTES Price/Volume Stats

Current price $14.81 52-week high $15.10
Prev. close $14.50 52-week low $5.42
Day low $14.28 Volume 219,600
Day high $14.96 Avg. volume 323,821
50-day MA $13.32 Dividend yield N/A
200-day MA $11.24 Market Cap 4.30B

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

Current PriceDCF Fair Value Target: Forecasted Gain:
$14.81$3.99 -72%

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 24th percentile in terms of potential gain offered. We should note, though, that all scenearios modelled for this stock suggest it is overvalued. In terms of the factors that were most noteworthy in this DCF analysis for GTES, they are:

  • The stock's equity weight, or the proportion of capital from equity relative to debt, is 58. Its equity weight surpasses that of only 24.19% of free cash flow generating stocks in the Industrials sector.
  • The company's compound free cash flow growth rate over the past 2.81 years comes in at -0.06%; that's greater than only 17.72% of US stocks we're applying DCF forecasting to.
  • Gates Industrial Corp plc's effective tax rate, as measured by taxes paid relative to net income, is at 0 -- greater than only 0% of US stocks with positive free cash flow.


Terminal Growth Rate in Free Cash FlowReturn Relative to Current Share Price
0%-73%
1%-73%
2%-72%
3%-72%
4%-72%
5%-72%

BDC, CNI, MWA, NNBR, and TAYD can be thought of as valuation peers to GTES, in the sense that they are in the Industrials sector and have a similar price forecast based on DCF valuation.


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Latest GTES News From Around the Web

Below are the latest news stories about Gates Industrial Corp plc that investors may wish to consider to help them evaluate GTES as an investment opportunity.

KBR to Provide Technical Solutions for SK Hydrogen Development Plan

KBR secures deal from SK E&S to provide technical solutions to build a 30,000 metric-ton-per-annum liquefied hydrogen facility.

Yahoo | January 21, 2021

New Strong Buy Stocks for January 21st

New Strong Buy Stocks for January 21st

Yahoo | January 21, 2021

RBC Capital Stick to Their Hold Rating for Gates Industrial Corp Plc By Investing.com

RBC Capital Stick to Their Hold Rating for Gates Industrial Corp Plc

Investing.com | January 18, 2021

AECOM (ACM) Offloads Civil Construction Business to Oroco Unit

AECOM (ACM) offloads civil construction business to focus more on infrastructure, environment and water markets.

Yahoo | January 5, 2021

Jacobs' (J) Stock Up 19% YTD: More Room to Run in 2021?

Jacobs Engineering Group (J) is benefiting from acquisitions and strong backlog. However, coronavirus-related woes persist.

Yahoo | December 31, 2020

Read More 'GTES' Stories Here

GTES Price Returns

1-mo N/A
3-mo 28.11%
6-mo 37.00%
1-year 14.72%
3-year -19.95%
5-year N/A
YTD 16.07%
2020 -7.27%
2019 3.93%
2018 N/A
2017 N/A
2016 N/A

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