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


Gates Industrial Corporation plc Ordinary Shares (GTES)

Today's Latest Price: $9.73 USD

0.21 (-2.11%)

Updated Jul 9 4:10pm

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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

  • GTES's went public 2.45 years ago, making it older than merely 7.23% of listed US stocks we're tracking.
  • Of note is the ratio of Gates Industrial Corp plc's sales and general administrative expense to its total operating expenses; 83.97% of US stocks have a lower such ratio.
  • Revenue growth over the past 12 months for Gates Industrial Corp plc comes in at -9.34%, a number that bests merely 19.57% of the US stocks we're tracking.
  • Stocks with similar financial metrics, market capitalization, and price volatility to Gates Industrial Corp plc are PRAA, CETV, AMWD, NICK, and WRK.
  • 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 Daily Price Range
GTES 52-Week Price Range

GTES Stock Price Chart Technical Analysis Charts


GTES Price/Volume Stats

Current price $9.73 52-week high $14.30
Prev. close $9.94 52-week low $5.42
Day low $9.65 Volume 157,103
Day high $9.93 Avg. volume 351,373
50-day MA $9.83 Dividend yield N/A
200-day MA $10.49 Market Cap 2.82B

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:
$9.73$13.7939%

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 FlowReturn Relative to Current Share Price
0%36%
1%37%
2%39%
3%40%
4%41%
5%43%

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.


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.

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

Gates launches new products amid surge in bicycle demand

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,...

Seeking Alpha | June 18, 2020

Gates Launches New Personal Mobility Products Amidst Global Surge in Bicycle Demand

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.

Yahoo | June 18, 2020

Gates Industrial Corporation: An Investment Assessment

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...

Busted IPO Forum on Seeking Alpha | June 16, 2020

Gates Industrial to Participate in the Virtual 2020 UBS Global Industrials and Transportation Conference

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.

Yahoo | May 28, 2020

Read More 'GTES' Stories Here

GTES Price Returns

1-mo -11.55%
3-mo N/A
6-mo -23.08%
1-year -8.98%
3-year N/A
5-year N/A
YTD -29.29%
2019 3.93%
2018 N/A
2017 N/A
2016 N/A
2015 N/A

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