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


Gates Industrial Corporation plc Ordinary Shares (GTES)

Today's Latest Price: $11.31 USD

0.20 (-1.74%)

Updated Oct 28 10:59am

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Overall POWR Rating


POWR Components:

 Trade Grade  Buy & Hold Grade  Peer Grade  Industry Rank


Industry Rank:

Ranked of 51 in Auto Parts

See all "A" rated Strong Buy stocks

GTES Stock Summary

  • GTES's went public 2.76 years ago, making it older than only 7.9% of listed US stocks we're tracking.
  • With a price/earnings ratio of 49.36, Gates Industrial Corp plc P/E ratio is greater than that of about 82.22% 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; 82.65% 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 SSP, MIDD, AMWD, CEL, and PGTI.
  • GTES's SEC filings can be seen here. And to visit Gates Industrial Corp plc's official web site, go to www.gates.com.

GTES Stock Price Chart Interactive Chart >

Price chart for GTES

GTES Price/Volume Stats

Current price $11.31 52-week high $14.30
Prev. close $11.51 52-week low $5.42
Day low $11.25 Volume 18,599
Day high $11.34 Avg. volume 298,496
50-day MA $11.56 Dividend yield N/A
200-day MA $10.45 Market Cap 3.28B

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:
$11.31$5.38 -53%

Below please find a table outlining a discounted cash flow forecast for GTES, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Gates Industrial Corp plc ranked in the 29th percentile in terms of potential gain offered. We should note, though, that the most conservative analysis suggests this stock will yield negative results -- and thus may be a potential short opportunity. As for the metrics that stood out in our discounted cash flow analysis of Gates Industrial Corp plc, consider:

  • Its compound free cash flow growth rate, as measured over the past 2.56 years, is -0.02% -- higher than merely 22.08% of stocks in our DCF forecasting set.
  • Gates Industrial Corp plc's effective tax rate, as measured by taxes paid relative to net income, is at 0 -- greater than just 0% of US stocks with positive free cash flow.
  • Relative to other stocks in its sector (Industrials), Gates Industrial Corp plc has a reliance on debt greater than 71.42% of them.


Terminal Growth Rate in Free Cash FlowReturn Relative to Current Share Price
0%-54%
1%-54%
2%-53%
3%-53%
4%-53%
5%-52%

Want more companies with a valuation profile/forecast similar to that of Gates Industrial Corp plc? See CMI, DOV, EMR, GWW, and HEI.


GTES Latest News Stream


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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.

Gates Industrial Corporation plc (GTES) CEO Ivo Jurek on Q2 2020 Results - Earnings Call Transcript

Gates Industrial Corporation plc (GTES) Q2 2020 Earnings Conference Call August 4, 2020 17:00 ET Company Participants Bill Waelke - Investor Relations Ivo Jurek - Chief Executive Officer Brooks Mallard - Chief Financial Officer Conference Call Participants Julian Mitchell - Barclays Deane Dray - RBC Capital Markets Jeff Hammond -...

SA Transcripts on Seeking Alpha | August 9, 2020

Gates Industrial Corporation plc 2020 Q2 - Results - Earnings Call Presentation

The following slide deck was published by Gates Industrial Corporation plc in conjunction with their 2020 Q2 earnings call....

SA Transcripts on Seeking Alpha | August 7, 2020

Gates Global eCrimp App Leads a Host of Advances Across Hydraulics Product Range

Gates (NYSE: GTES), a leading global provider of fluid power and power transmission solutions, recently added a universal mobile app to its ever-expanding, ever-improving range of hydraulics solutions. The eCrimpTM app builds on a previous North America-focused version, adding global capability, automatic updates and new functionality to assist fluid power customers across a wide variety of industries, applications and geographic regions.

Yahoo | July 14, 2020

Gates Industrial to Release Second-Quarter 2020 Earnings on Tuesday, August 4, 2020

Gates Industrial Corporation plc (NYSE:GTES) will release its second-quarter financial results after trading ends on Tuesday, August 4, 2020. Management will host a webcast and conference call on the same day at 5:00 pm Eastern Time (ET) to discuss Gates Industrial's financial results. The conference call can be accessed as follows:

Yahoo | July 14, 2020

Hedge Funds Souring On Gates Industrial Corporation plc (GTES)

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 […]

Yahoo | June 22, 2020

Read More 'GTES' Stories Here

GTES Price Returns

1-mo 2.08%
3-mo 4.34%
6-mo 35.77%
1-year 10.34%
3-year N/A
5-year N/A
YTD -17.81%
2019 3.93%
2018 N/A
2017 N/A
2016 N/A
2015 N/A

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