Gates Industrial Corporation plc

NYSE:GTES Stock Report

Market Cap: US$5.2b

Gates Industrial Future Growth

Future criteria checks 3/6

Gates Industrial is forecast to grow earnings and revenue by 23.4% and 3.1% per annum respectively. EPS is expected to grow by 24.6% per annum. Return on equity is forecast to be 12.5% in 3 years.

Key information

23.4%

Earnings growth rate

24.6%

EPS growth rate

Machinery earnings growth9.5%
Revenue growth rate3.1%
Future return on equity12.5%
Analyst coverage

Good

Last updated18 Dec 2024

Recent future growth updates

Recent updates

Gates Industrial: Bullish Sentiment Continuing Due To Strong Momentum And Elevated EPS Growth

Dec 17

Take Care Before Diving Into The Deep End On Gates Industrial Corporation plc (NYSE:GTES)

Oct 14
Take Care Before Diving Into The Deep End On Gates Industrial Corporation plc (NYSE:GTES)

When Should You Buy Gates Industrial Corporation plc (NYSE:GTES)?

Sep 18
When Should You Buy Gates Industrial Corporation plc (NYSE:GTES)?

Gates Industrial: Growing Margins Paving Way To A Higher Stock Price

Sep 10

Gates Industrial Corporation plc's (NYSE:GTES) Subdued P/E Might Signal An Opportunity

Jul 02
Gates Industrial Corporation plc's (NYSE:GTES) Subdued P/E Might Signal An Opportunity

Increases to CEO Compensation Might Be Put On Hold For Now at Gates Industrial Corporation plc (NYSE:GTES)

Jun 14
Increases to CEO Compensation Might Be Put On Hold For Now at Gates Industrial Corporation plc (NYSE:GTES)

Is Now An Opportune Moment To Examine Gates Industrial Corporation plc (NYSE:GTES)?

Jun 10
Is Now An Opportune Moment To Examine Gates Industrial Corporation plc (NYSE:GTES)?

Gates Industrial: Maintaining Robust Margin With Plans For Market Extension

Jun 09

Does Gates Industrial (NYSE:GTES) Deserve A Spot On Your Watchlist?

May 01
Does Gates Industrial (NYSE:GTES) Deserve A Spot On Your Watchlist?

Gates Industrial Corporation plc's (NYSE:GTES) Intrinsic Value Is Potentially 95% Above Its Share Price

Apr 16
Gates Industrial Corporation plc's (NYSE:GTES) Intrinsic Value Is Potentially 95% Above Its Share Price

Market Participants Recognise Gates Industrial Corporation plc's (NYSE:GTES) Earnings

Mar 28
Market Participants Recognise Gates Industrial Corporation plc's (NYSE:GTES) Earnings

Gates Industrial: Improving Profitability Outlook Finally Driving The Stock Forward

Mar 22

Is Now An Opportune Moment To Examine Gates Industrial Corporation plc (NYSE:GTES)?

Feb 08
Is Now An Opportune Moment To Examine Gates Industrial Corporation plc (NYSE:GTES)?

Do Gates Industrial's (NYSE:GTES) Earnings Warrant Your Attention?

Jan 04
Do Gates Industrial's (NYSE:GTES) Earnings Warrant Your Attention?

Gates Industrial: Encouraging Q3 Report Needed To Finally Create A Floor For The Stock

Nov 02

Gates Industrial Corporation: Breaking Records And Driving Growth

Aug 14

Earnings and Revenue Growth Forecasts

NYSE:GTES - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/20263,6974204505586
12/31/20253,5333933854839
12/31/20243,4092113064129
9/28/20243,442222281378N/A
6/29/20243,484253283370N/A
3/30/20243,535247333408N/A
12/30/20233,570234410481N/A
9/30/20233,600256470539N/A
7/1/20233,588229453532N/A
4/1/20233,559217340424N/A
12/31/20223,554221179266N/A
10/1/20223,47719999188N/A
7/2/20223,478218108189N/A
4/2/20223,487261216301N/A
1/1/20223,474297295382N/A
10/2/20213,453259309395N/A
7/3/20213,303230265349N/A
4/3/20212,964112181254N/A
1/2/20212,79380242309N/A
9/26/20202,72575261331N/A
6/27/20202,75968288357N/A
3/28/20202,992112353428N/A
12/28/20193,087691266349N/A
9/28/20193,154747230316N/A
6/29/20193,235771173283N/A
3/30/20193,301836147292N/A
12/29/20183,348246131314N/A
9/29/20183,337289111312N/A
6/30/20183,270242N/A327N/A
3/31/20183,164156N/A306N/A
12/30/20173,042151N/A320N/A
9/30/20172,92834N/A321N/A
7/1/20172,84340N/A352N/A
4/1/20172,77552N/A306N/A
12/31/20162,74745N/A377N/A
1/2/20162,74525N/A276N/A
1/3/20153,042-92N/A82N/A
3/29/20142,967122N/A338N/A
12/31/20132,947107N/A284N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: GTES's forecast earnings growth (23.4% per year) is above the savings rate (2.6%).

Earnings vs Market: GTES's earnings (23.4% per year) are forecast to grow faster than the US market (15.2% per year).

High Growth Earnings: GTES's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: GTES's revenue (3.1% per year) is forecast to grow slower than the US market (9.1% per year).

High Growth Revenue: GTES's revenue (3.1% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: GTES's Return on Equity is forecast to be low in 3 years time (12.5%).

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 19:00
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/28
Annual Earnings2023/12/30

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

AnalystInstitution
David LarkamArden Partners Plc.
Michael HalloranBaird
Julian MitchellBarclays