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NYSE: GTES
Gates Industrial Corp PLC Stock

$17.30-0.14 (-0.8%)
Updated Apr 15, 2024
GTES Price
$17.30
Fair Value Price
N/A
Market Cap
$4.57B
52 Week Low
$10.68
52 Week High
$17.86
P/E
20.12x
P/B
1.42x
P/S
0.99x
PEG
N/A
Dividend Yield
N/A
Revenue
$3.57B
Earnings
$232.90M
Gross Margin
38.1%
Operating Margin
11.89%
Profit Margin
6.5%
Debt to Equity
1.15
Operating Cash Flow
$481M
Beta
1.13
Next Earnings
May 2, 2024
Ex-Dividend
N/A
Next Dividend
N/A

GTES Overview

Gates Industrial Corporation plc manufactures engineered power transmission and fluid power products. Offerings include elastomer drive belts and related components used to efficiently transfer motion in a broad range of applications as well as hoses, tubing, and fittings designed to convey hydraulic fluid at high pressures in both mobile and stationary applications. The company serves the construction, agriculture, energy, automotive, transportation, and consumer products sectors, among others. Gates Industrial was founded in 1911 and is headquartered in Denver, CO.

Zen Score

Industry Average (36)
You've viewed Zen Score for 10/10 free stocks. Upgrade to Premium to see how GTES scored across 33 valuation, financial, forecast, performance, and dividend due diligence checks.

Due Diligence Checks

GTES ($17.30) is trading above its intrinsic value of $4.72, according to an updated version of Benjamin Graham's Formula from Chapter 11 of "The Intelligent Investor"
Below Benjamin Graham Formula Value Valuation
GTES is good value based on its earnings relative to its share price (20.12x), compared to the US market average (41.94x)
P/E vs Market Valuation
GTES is good value based... subscribe to Premium to read more.
P/E vs Industry Valuation
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GTES News

Valuation

GTES price to earnings (PE)

For valuing profitable companies with steady earnings
Company
20.12x
Industry
26.93x
Market
41.94x
GTES is good value based... subscribe to Premium to read more.
P/E vs Industry Valuation
GTES is good value based... subscribe to Premium to read more.
P/E vs Market Valuation

GTES price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
1.42x
Industry
4.9x
GTES is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation

GTES's financial health

Profit margin

Revenue
$863.3M
Net Income
$62.9M
Profit Margin
7.3%
GTES's Earnings (EBIT) of $424.40M... subscribe to Premium to read more.
Interest Coverage Financials
GTES's profit margin has increased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$7.3B
Liabilities
$3.7B
Debt to equity
1.15
GTES's short-term assets ($2.40B) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
GTES's long-term liabilities ($2.93B) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
GTES's debt relative to shareholder... subscribe to Premium to read more.
Shrinking Debt Financials
GTES's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
$189.3M
Investing
-$23.8M
Financing
-$16.6M
GTES's operating cash flow ($481.00M)... subscribe to Premium to read more.
Debt Coverage Financials

GTES vs Specialty Industrial Machinery Stocks

TickerMarket Cap1d %P/EP/B
GTES$4.57B-0.80%20.12x1.42x
FELE$4.62B-0.06%24.07x3.83x
SPXC$5.45B-1.31%60.50x4.56x
CSWI$3.65B-0.31%37.71x6.20x
SYM$3.62B-4.47%-150.41x22.52x

Gates Industrial Stock FAQ

What is Gates Industrial's quote symbol?

(NYSE: GTES) Gates Industrial trades on the NYSE under the ticker symbol GTES. Gates Industrial stock quotes can also be displayed as NYSE: GTES.

If you're new to stock investing, here's how to buy Gates Industrial stock.

What is the 52 week high and low for Gates Industrial (NYSE: GTES)?

(NYSE: GTES) Gates Industrial's 52-week high was $17.86, and its 52-week low was $10.68. It is currently -3.14% from its 52-week high and 61.99% from its 52-week low.

How much is Gates Industrial stock worth today?

(NYSE: GTES) Gates Industrial currently has 264,271,455 outstanding shares. With Gates Industrial stock trading at $17.30 per share, the total value of Gates Industrial stock (market capitalization) is $4.57B.

Gates Industrial stock was originally listed at a price of $18.50 in Jan 25, 2018. If you had invested in Gates Industrial stock at $18.50, your return over the last 6 years would have been -6.49%, for an annualized return of -1.11% (not including any dividends or dividend reinvestments).

How much is Gates Industrial's stock price per share?

(NYSE: GTES) Gates Industrial stock price per share is $17.30 today (as of Apr 15, 2024).

What is Gates Industrial's Market Cap?

(NYSE: GTES) Gates Industrial's market cap is $4.57B, as of Apr 16, 2024.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Gates Industrial's market cap is calculated by multiplying GTES's current stock price of $17.30 by GTES's total outstanding shares of 264,271,455.
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