GTES Stock Overview
Manufactures and sells engineered power transmission and fluid power solutions worldwide. More details
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 3/6 |
| Past Performance | 1/6 |
| Financial Health | 3/6 |
| Dividends | 0/6 |
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Gates Industrial Corporation plc Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$20.40 |
| 52 Week High | US$23.34 |
| 52 Week Low | US$12.41 |
| Beta | 1.37 |
| 1 Month Change | -7.94% |
| 3 Month Change | 17.17% |
| 1 Year Change | 52.01% |
| 3 Year Change | 26.24% |
| 5 Year Change | 50.00% |
| Change since IPO | 10.27% |
Recent News & Updates
Gates Industrial: Bullish Sentiment Continuing Due To Strong Momentum And Elevated EPS Growth
Dec 17Recent updates
Gates Industrial: Bullish Sentiment Continuing Due To Strong Momentum And Elevated EPS Growth
Dec 17Take Care Before Diving Into The Deep End On Gates Industrial Corporation plc (NYSE:GTES)
Oct 14
When Should You Buy Gates Industrial Corporation plc (NYSE:GTES)?
Sep 18Gates Industrial: Growing Margins Paving Way To A Higher Stock Price
Sep 10Gates Industrial Corporation plc's (NYSE:GTES) Subdued P/E Might Signal An Opportunity
Jul 02Increases to CEO Compensation Might Be Put On Hold For Now at Gates Industrial Corporation plc (NYSE:GTES)
Jun 14Is Now An Opportune Moment To Examine Gates Industrial Corporation plc (NYSE:GTES)?
Jun 10Gates Industrial: Maintaining Robust Margin With Plans For Market Extension
Jun 09Does Gates Industrial (NYSE:GTES) Deserve A Spot On Your Watchlist?
May 01Gates Industrial Corporation plc's (NYSE:GTES) Intrinsic Value Is Potentially 95% Above Its Share Price
Apr 16Market Participants Recognise Gates Industrial Corporation plc's (NYSE:GTES) Earnings
Mar 28Gates Industrial: Improving Profitability Outlook Finally Driving The Stock Forward
Mar 22Is Now An Opportune Moment To Examine Gates Industrial Corporation plc (NYSE:GTES)?
Feb 08Do Gates Industrial's (NYSE:GTES) Earnings Warrant Your Attention?
Jan 04Gates Industrial: Encouraging Q3 Report Needed To Finally Create A Floor For The Stock
Nov 02Gates Industrial Corporation: Breaking Records And Driving Growth
Aug 14Shareholder Returns
| GTES | US Machinery | US Market | |
|---|---|---|---|
| 7D | -1.1% | -0.9% | -1.1% |
| 1Y | 52.0% | 10.7% | 22.4% |
Return vs Industry: GTES exceeded the US Machinery industry which returned 11.5% over the past year.
Return vs Market: GTES exceeded the US Market which returned 23.7% over the past year.
Price Volatility
| GTES volatility | |
|---|---|
| GTES Average Weekly Movement | 3.6% |
| Machinery Industry Average Movement | 5.8% |
| Market Average Movement | 6.3% |
| 10% most volatile stocks in US Market | 17.6% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: GTES has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: GTES's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1911 | 14,700 | Ivo Jurek | www.gates.com |
Gates Industrial Corporation plc manufactures and sells engineered power transmission and fluid power solutions worldwide. It operates in two segments, Power Transmission and Fluid Power. The company offers synchronous or asynchronous belts, including V-belts, CVT belts, and Micro-V belts, as well as related components, such as sprockets, pulleys, water pumps, tensioners, and other accessories; solutions for stationary and mobile drives, engine systems, and personal mobility application platforms; metal drive components; and kits for automotive replacement channels.
Gates Industrial Corporation plc Fundamentals Summary
| GTES fundamental statistics | |
|---|---|
| Market cap | US$5.27b |
| Earnings (TTM) | US$221.80m |
| Revenue (TTM) | US$3.44b |
23.4x
P/E Ratio1.5x
P/S RatioIs GTES overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| GTES income statement (TTM) | |
|---|---|
| Revenue | US$3.44b |
| Cost of Revenue | US$2.08b |
| Gross Profit | US$1.36b |
| Other Expenses | US$1.14b |
| Earnings | US$221.80m |
Last Reported Earnings
Sep 28, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.87 |
| Gross Margin | 39.56% |
| Net Profit Margin | 6.44% |
| Debt/Equity Ratio | 69.3% |
How did GTES perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 04:06 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/09/28 |
| Annual Earnings | 2023/12/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Gates Industrial Corporation plc is covered by 24 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| David Larkam | Arden Partners Plc. |
| Michael Halloran | Baird |
| Julian Mitchell | Barclays |