Gates Industrial Corporation PLC GTES
- Market cap
- $6.7B
- P/E
- 18.9×
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Target Price Range
Analyst price targets
Free account| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| — | — | 12.20 | 6.76 | 5.42 | 12.34 | 9.40 | 10.68 | 12.41 | 14.70 |
Analyst estimates 2026–2028 Powerpack |
Low Price
|
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| — | — | 20.29 | 17.60 | 14.30 | 18.94 | 16.87 | 14.93 | 23.34 | 26.46 |
High Price
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| 13,500 | 14,200 | 14,200 | 14,700 | 14,300 | 15,050 | 15,000 | 14,700 | 14,100 | 13,000 |
Employees
|
|||
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Revenue/Emp
|
|||
| 2,747 | 3,042 | 3,348 | 3,087 | 2,793 | 3,474 | 3,554 | 3,570 | 3,408 | 3,443 |
Revenue
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| 38.62% | 40.04% | 39.75% | 37.01% | 37.05% | 38.54% | 35.19% | 38.06% | 39.86% | 39.84% |
Gross Margin
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| 93 | 110 | 304 | 199 | 71 | 350 | 258 | 285 | 328 | 340 |
EBT
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| 3.39% | 3.60% | 9.07% | 6.44% | 2.54% | 10.07% | 7.25% | 7.99% | 9.62% | 9.88% |
EBT Margin
|
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| 84 | 183 | 271 | 694 | 90 | 331 | 243 | 256 | 220 | 276 |
Net Income
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| 244 | 212 | 219 | 222 | 219 | 223 | 217 | 218 | 217 | 214 |
Depreciation
|
|||
| 11.18 | 12.39 | 11.71 | 10.64 | 9.61 | 11.91 | 12.51 | 13.13 | 13.13 | 13.42 |
Revenue/Sh
|
|||
| 0.34 | 0.62 | 0.86 | 2.38 | 0.27 | 1.02 | 0.77 | 0.86 | 0.75 | 0.98 |
Earnings/Sh
|
|||
| 1.53 | 1.30 | 1.10 | 1.20 | 1.06 | 1.31 | 0.94 | 1.77 | 1.46 | 1.86 |
Cash Flow/Sh
|
|||
| (0.26) | (0.45) | (0.64) | (0.29) | (0.23) | (0.30) | (0.31) | (0.26) | (0.36) | (0.43) |
Capex/Sh
|
|||
| 1.28 | 0.85 | 0.46 | 0.92 | 0.83 | 1.01 | 0.63 | 1.51 | 1.10 | 1.43 |
Free CF/Sh
|
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| 4.35 | 5.82 | 8.16 | 10.38 | 10.96 | 11.94 | 12.12 | 13.03 | 12.87 | 14.37 |
Book Value/Sh
|
|||
| 246 | 246 | 286 | 290 | 291 | 292 | 284 | 272 | 259 | 257 |
Shares
|
|||
| 24.86 | 24.86 | 15.40 | 5.78 | 49.08 | 15.91 | 15.03 | 15.36 | 27.80 | 22.13 |
PE Ratio
|
|||
| 1.49 | 1.49 | 1.13 | 1.29 | 1.33 | 1.34 | 0.92 | 1.02 | 1.57 | 1.60 |
PS Ratio
|
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| 3.18 | 3.18 | 1.62 | 1.33 | 1.16 | 1.33 | 0.95 | 1.02 | 1.60 | 1.49 |
PB Ratio
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| 2.64 | 2.64 | 1.93 | 2.08 | 2.15 | 1.91 | 1.48 | 1.52 | 2.08 | 2.03 |
EV/Sales
|
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| 39.25 | 39.25 | 49.30 | 24.17 | 24.87 | 22.51 | 29.37 | 13.25 | 24.88 | 19.08 |
EV/FCF
|
|||
| 377 | 320 | 314 | 349 | 309 | 382 | 266 | 481 | 380 | 478 |
Op' Cash Flow
|
|||
| (63) | (111) | (183) | (83) | (67) | (87) | (87) | (70) | (95) | (112) |
Capex
|
|||
| 314 | 209 | 131 | 266 | 242 | 295 | 179 | 411 | 285 | 367 |
FCF
|
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| 1,045 | 1,128 | 1,136 | 1,301 | 1,180 | 1,423 | 1,525 | 1,622 | 1,585 | 1,746 |
Working Cap'
|
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| 3,932 | 4,056 | 3,087 | 3,067 | 2,820 | 2,668 | 2,543 | 2,531 | 2,433 | 2,295 |
Total Debt
|
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| 3,405 | 3,492 | 2,664 | 2,432 | 2,299 | 2,010 | 1,964 | 1,810 | 1,751 | 1,483 |
Net Debt
|
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| 1,068 | 1,428 | 2,334 | 3,011 | 3,185 | 3,481 | 3,444 | 3,544 | 3,340 | 3,689 |
Sh' Equity
|
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| 0.89% | 2.29% | 3.61% | 9.77% | 1.07% | 3.97% | 3.00% | 3.22% | 2.78% | 3.61% |
ROA
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| 4.27% | 5.12% | 6.21% | 3.98% | 2.41% | 5.51% | 4.44% | 5.37% | 5.80% | 5.62% |
ROIC
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| 5.10% | 12.12% | 13.04% | 25.83% | 2.56% | 8.91% | 6.38% | 6.67% | 5.66% | 7.15% |
ROE
|
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Gates Industrial Corporation PLC peers in Specialty Industrial Machinery
| Company | Market cap | P/E | Compare |
|---|---|---|---|
| NPO Enpro Inc. | $6.6B | 149× | Compare |
| JBTM JBT Marel Corporation | $5.7B | 29.9× | Compare |
| AOS A. O. Smith Corporation | $7.8B | 16.3× | Compare |
| PNR Pentair plc | $8.5B | 13.4× | Compare |
| Company | Market cap | P/E | Compare |
|---|---|---|---|
| MIDD The Middleby Corporation | $4.9B | 0.0× | Compare |
| CSW CSW Industrials, Inc. | $4.8B | 40.5× | Compare |
| FLS Flowserve Corporation | $9.7B | 25.6× | Compare |
| DCI Donaldson Company, Inc. | $10.0B | 22.4× | Compare |
Gates Industrial Corporation PLC (GTES) key facts
- Gates Industrial Corporation PLC (GTES) is a Specialty Industrial Machinery company in the Industrials sector, listed on the New York Stock Exchange.
- Gates Industrial Corporation PLC’s revenue for fiscal 2025 (year ended December 2025) was $3.4 billion, up 1.03% from fiscal 2024.
- As of September 25, 2026, GTES traded at $26.86, a market capitalization of $6.7 billion.
- Return on equity was 7.15% and debt-to-equity 0.59.
Gates Industrial Corporation PLC (GTES) Latest News
22 Sep
Gates Industrial (GTES) trades near $26.15 after a period of mixed momentum, with a 1-day gain of 2.75% and a year-to-date rise of 18.54%, while 1-year and 3-year total shareholder returns run about 2.99% and 126.02%, respectively. Simply Wall St argues GTES is undervalued, citing a fair value of $33.45 and upside potential driven by growth in personal mobility (e-bikes and related applications). The story hinges on a $300M+ opportunity pipeline and ongoing product launches expected to lift top line and gross margins over the next several years. The piece encourages scanning a curated list of other stocks for context and highlights balance-sheet strength and fundamentals. Risks cited include softer core industrial and automotive demand and tariff-pressure that could compress margins, potentially tempering the valuation thesis. Upside to a $33.45 fair value is cited, but macro and tariff risks could temper the impact on GTES' trajectory.
15 Sep
Gates Industrial benefits from rising demand for its components in AI data centers and tech infrastructure, driving revenue growth without being labeled an AI stock. Indirect exposure to AI infrastructure spending supports GTES revenue but remains limited to existing product lines.
21 Aug
Gates Industrial Corporation PLC (GTES) ranks among Wall Street favorites with impressive fundamentals while two other stocks underwhelm. Positive GTES fundamentals mention can enhance market perception and attract investors.
11 Aug
Gates Industrial (GTES) files Form 15 to voluntarily deregister shares and terminate SEC reporting obligations. Voluntary Form 15 filing enacts major strategic shift by ending public reporting and likely reducing share liquidity.
10 Aug
Gates Industrial raises 2026 outlook as industrial demand strengthens. Raising 2026 outlook on stronger demand directly lifts GTES earnings trajectory and market sentiment.
GTES is identified as a surging stock with competitive advantages while two other stocks are flagged as risky. Competitive advantages for GTES point to moderate positive effects on its market trajectory.
Gates Industrial Corporation PLC reports improving growth amid ongoing risks, leaving open the question of whether its stock merits purchase. Balanced signals of growth gains and lingering risks point to moderate effects on GTES trajectory and sentiment.
31 Jul
Gates Industrial Corp Ltd posted record Q2 2026 sales and raised its outlook in the earnings call. Record sales and raised guidance directly strengthen financial outlook and investor sentiment.
Gates Industrial Corporation PLC held its Q2 earnings call, highlighting financial results, operational performance, and forward outlook for the company. Q2 earnings details provide moderate insight into financial performance and strategy but do not signal major trajectory shifts.
Gates Industrial reports Q2 earnings with focus on key metrics. Q2 earnings and metrics may shift short-term investor views on GTES performance.
Gates Industrial Corporation (NYSE:GTES) exceeded Q2 CY2026 sales expectations. Quarterly sales beat provides moderate positive signal for near-term stock performance.
Gates Industrial Corporation PLC released second-quarter 2026 financial results. Quarterly earnings releases supply performance metrics that shift valuation and sentiment.
30 Jul
GTES is reporting Q2 earnings with key metrics, financial expectations, and market context provided ahead of the release. Q2 earnings results for GTES are positioned to drive significant shifts in investor sentiment and stock trajectory.
25 Jun
Gates Industrial shareholders approve redomiciliation. Shareholder-approved redomiciliation enables corporate restructuring with moderate effects on tax position and operations.
23 Jun
Gates Industrial Corporation PLC opens belt drive technology for the mass market. Mass market opening of belt drive technology positions Gates for expanded commercial opportunities and revenue growth.
9 Jun
Gates Industrial (GTES) missed Q1 earnings with flat revenue, triggering fresh valuation assessment amid unchanged top-line results. Q1 earnings miss combined with flat revenue signals near-term pressure on financial results and investor sentiment.
5 Jun
Gates Industrial Corporation (GTES) Q1 earnings are examined relative to peer engineered components and systems stocks. Q1 earnings data and peer benchmarking can moderately shift investor views on GTES financial results and positioning.
3 May
Gates Industrial (GTES) Q1 results spotlight ERP transition challenges amid evolving market trends shaping future outlook. ERP transition introduces major operational risks and costs, while market trends signal shifts that could significantly impact GTES's trajectory and investor sentiment.
2 May
Gates Industrial Corp PLC (GTES) Q1 2026 earnings call highlights navigating ERP challenges amid operational updates. ERP challenges disclosed in earnings call may moderately influence short-term financial performance and operations.
1 May
Gates Industrial Corporation PLC (GTES) released highlights from its Q1 earnings call, covering financial results, guidance, and strategic updates. Q1 earnings call highlights disclose financial performance, outlook, and strategies that significantly shape investor sentiment and GTES market trajectory.
Gates Industrial Corporation PLC (GTES) Q1 2026 earnings call transcript details first-quarter financial results, operational updates, strategic initiatives, and forward-looking guidance. Q1 2026 earnings transcript reveals financial performance, outlook, and strategic shifts directly impacting GTES trajectory and investor sentiment.
Timken Co. is selling its belts business to Gates Industrial Corporation PLC (GTES), bolstering GTES's position in power transmission products. Acquisition of Timken's belts business provides Gates Industrial with significant expansion in market share and product capabilities.
Gates Industrial Corporation PLC (GTES) Q1 earnings key metrics compared to Wall Street estimates. Q1 earnings metrics versus estimates directly impact financial performance and investor sentiment.
Timken announces the sale of its belts business to Gates Industrial Corporation PLC (GTES), strengthening Gates' position in power transmission products. Acquisition of Timken's belts business expands Gates' product portfolio and market share in a core segment.
Gates Corporation announces acquisition to expand its North American power transmission business, strengthening presence in a key market segment. Acquisition targets core power transmission operations, enabling significant geographic and capacity expansion.
Gates Industrial Corporation PLC (GTES) reported first-quarter 2026 results. Quarterly earnings results significantly impact GTES financial performance and investor sentiment.
Gates Industrial Corporation (GTES) reports Q1 results tomorrow. Upcoming Q1 earnings report holds potential to significantly sway GTES financial trajectory and investor sentiment.
Gates Industrial Corporation plc released Q1 2026 earnings call summary covering financial results, operational updates, and forward guidance. Q1 2026 earnings summary impacts financial performance and investor sentiment but limited to quarterly results.
Gates Industrial Corporation PLC (GTES) reported Q1 earnings surpassing analyst estimates. Q1 earnings beat signals improved financial performance with moderate positive impact on market sentiment and trajectory.
Gates Industrial Corporation (NYSE:GTES) missed Q1 CY2026 revenue estimates. Missing Q1 revenue estimates affects financial performance and investor sentiment moderately.