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


Gates Industrial Corporation plc Ordinary Shares (GTES)

Today's Latest Price: $6.92 USD

0.46 (-6.23%)

Updated Apr 1 1:45pm

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Overall POWR Rating


POWR Components:

 Trade Grade  Buy & Hold Grade  Peer Grade  Industry Rank


Industry Rank:

Ranked of 50 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 5.45% of US equities in our set.
  • With a price/earnings ratio of 2.82, Gates Industrial Corp plc P/E ratio is greater than that of about merely 5.75% of stocks in our set with positive earnings.
  • Of note is the ratio of Gates Industrial Corp plc's sales and general administrative expense to its total operating expenses; 82.12% of US stocks have a lower such ratio.
  • Stocks that are quantitatively similar to GTES, based on their financial statements, market capitalization, and price volatility, are AMWD, MIDD, PRAA, CTB, and CEL.
  • 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 Daily Price Range
GTES 52-Week Price Range

GTES Stock Price Chart More Charts


GTES Price/Volume Stats

Current price $6.92 52-week high $16.61
Prev. close $7.38 52-week low $5.42
Day low $6.79 Volume 181,021
Day high $7.17 Avg. volume 386,002
50-day MA $10.45 Dividend yield N/A
200-day MA $10.75 Market Cap 2.01B

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:
$6.92$6.79-8%

The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for Gates Industrial Corp plc. To summarize, we found that Gates Industrial Corp plc ranked in the 38th percentile in terms of potential gain offered. We should note, though, that all scenearios modelled for this stock suggest it is overvalued. As for the metrics that stood out in our discounted cash flow analysis of Gates Industrial Corp plc, consider:

  • The company's balance sheet shows it gets 41% of its capital from equity, and 59% of its capital from debt. Notably, its equity weight is greater than merely 23.65% of US equities in the Industrials sector yielding a positive free cash flow.
  • The company's compound free cash flow growth rate over the past 2.11 years comes in at -0.06%; that's greater than only 20.46% 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 345 -- greater than 99.4% of US stocks with positive free cash flow.


Terminal Growth Rate in Free Cash FlowReturn Relative to Current Share Price
0%-10%
1%-9%
2%-8%
3%-7%
4%-6%
5%-5%

For other companies in the Industrials that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as GTES, try HLIO, PKOH, SWK, VIDE, and ROLL.


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GTES Price Returns

1-mo -35.99%
3-mo -50.00%
6-mo -28.66%
1-year -55.44%
3-year N/A
5-year N/A
YTD -49.71%
2019 3.93%
2018 N/A
2017 N/A
2016 N/A
2015 N/A

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