Gates Industrial Corporation plcGTES

Is GTES cheap right now? Every multiple below is scored against its own 10-year range, not a sector average.

$25.65-0.30 (-1.16%)24:00 UTC
NYSEIndustrials

Company snapshot

Market Cap
$7B
Mid-cap
+21%
2018 — today
10-Year Price
+34%
2018 — today
52-Week Range
$21.04$29.84
Current $25.65· 52%

Gates Industrial Corporation plc operates worldwide, specializing in the engineering, manufacturing, and sale of sophisticated power transmission and fluid power systems. The company is organized into two main operational units: Power Transmission and Fluid Power. The Power Transmission segment delivers a wide array of belts, including V-belts, CVT belts, and Micro-V belts, whether synchronous or asynchronous, along with essential associated components like sprockets, pulleys, water pumps, and tensioners. These solutions are integral to various platforms, from stationary and mobile drive systems to engine components, personal mobility, and vertical lifting mechanisms. This division also provides metal drive parts and complete kits for the automotive aftermarket. Through its Fluid Power segment, Gates offers comprehensive hydraulic solutions, which encompass hoses, tubing, fittings, and pre-assembled units. These products are crucial for stationary and mobile hydraulic systems, engine applications, and a broad spectrum of other industrial uses. Gates' engineered products, all marketed under the Gates brand, cater to a diverse range of industries. These include construction, agriculture, energy, automotive, transportation, recreational vehicles, consumer products, and various industrial applications such as automated manufacturing and logistics systems. The company supplies both original equipment manufacturers and customers in the replacement parts channel. Established in 1911, Gates Industrial Corporation plc maintains its headquarters in Denver, Colorado.

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Valuation in context

P/E ratio
18.1
Below average
Below the 10-year average
Sector median 24.6below sector
P/B ratio
1.7
Historically pricey
Historically pricey — last 10 years
Sector median 2.3below sector
EV / EBITDA
11.2
Above average
Pricier than usual over the last 10 years
Sector median 13.3below sector
PEG ratio
1.4
Above average
Pricier than usual over the last 10 years
Sector median 1.7below sector
FCF Yield
6.1%
Above average
Above the 10-year average
Sector median 2.6%above sector
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