Gates Industrial Corporation plc logo

Gates Industrial Corporation plc (GTES)

Common Stock · Currency in USD · XNYS

Gates Industrial Corp PLC is a manufacturer of engineered power transmission and fluid power solutions. The company has two operating segments; Power Transmission and Fluid Power segments. The Power Transmission solutions convey power and control motion. It is used in applications in which belts, chains, cables, geared transmissions, or direct drives transfer power from an engine or motor to another part or system. The Fluid power solutions are used in applications in which hoses and rigid tubing assemblies either transfer power hydraulically or convey fluids, gases, or granular materials from one location to another. The company generates key revenue from the Power Transmission segment. Company operates in USA, United Kingdom, Luxembourg, EMEA, with majority revenue from USA.

Company Info

SIC3560
Composite FIGI
CIK0001718512
IPOJan 25, 2018
Sectorgeneral industrial machinery & equipment

Highlights

Market Cap$5.59B
EPS$0.88
P/E Ratio22.17
Revenue$3.46B
Gross Profit$1.44B
Net Income$252.40M
Employees13,000
WSO253,855,699
Phone303-744-4876

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Analysis

Share Price Chart

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Gates Industrial Corporation plc, comparing it to the performance of the S&P 500 index.
All prices have been adjusted for splits and dividends.

Returns By Period

Gates Industrial Corporation plc (GTES) has returned 2.04% so far this year and 45.19% over the past 12 months. Looking at the last ten years, GTES has achieved an annualized return of 1.47%, underperforming the Benchmark (SPY), which averaged 12.23% per year.

GTES

1M-15.10%
6M-15.13%
YTD2.04%
1Y45.19%
5Y5.53%
10Y1.47%

Benchmark (SPY)

1M-3.85%
6M-2.35%
YTD-4.36%
1Y34.06%
5Y9.80%
10Y12.23%

Monthly Returns

The table below presents the monthly returns of Gates Industrial Corporation plc (GTES) with color gradation from worst to best to easily spot seasonal factors.

JanFebMarAprMayJunJulAugSepOctNovDec
20266.57%20.76%-16.29%0.14%
20257.82%-15.78%3.50%10.91%8.84%7.92%5.66%-1.19%-9.99%4.21%-4.28%
2024-3.09%12.88%20.80%-0.68%5.26%-11.48%17.07%-1.36%-1.79%10.19%14.05%-7.38%
202314.17%7.34%-0.64%-2.67%-12.86%14.63%1.87%-9.10%-5.61%-5.70%12.58%9.64%
2022-3.19%2.00%-4.74%-16.39%-0.08%-13.17%13.68%-11.99%-8.27%12.40%2.38%-3.39%
20219.80%5.41%4.85%5.50%4.13%-0.71%-0.28%-9.70%-1.27%0.49%-3.38%-2.75%
2020-9.77%-17.31%-30.11%21.67%20.36%2.29%2.53%6.91%-0.63%-0.63%14.69%-2.07%
201915.05%8.34%-11.37%10.97%-29.98%0.26%-5.02%-20.77%17.92%-1.48%17.26%15.63%
20182.89%-11.43%1.74%-10.46%-4.56%9.78%-3.65%17.76%7.26%-23.21%-2.13%-13.58%

Performance Indicators

The charts below present risk-adjusted performance metrics for Gates Industrial Corporation plc (GTES) and compare them to a Benchmark (SPY). These indicators evaluate an investment's returns against its associated risks.

Sharpe ratio

-2.00-1.000.001.002.003.00GTES: 0.62SPY: 0.92

Sortino ratio

-6.00-4.00-2.000.002.004.00GTES: 0.90SPY: 1.40

Omega ratio

0.501.001.502.00GTES: 1.12SPY: 1.22

Calmar ratio

0.002.004.006.00GTES: 0.77SPY: 1.20

Martin ratio

0.001.003.00GTES: 0.16SPY: 0.42

The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.

These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns.

The chart below shows the rolling Sharpe ratio of GTES compared to the benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.

Volatility Chart

The current Gates Industrial Corporation plc volatility is 3.25%, representing the standart deviation of percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. It shows the maximum percentage drop from a peak to a trough over a specified period, indicating the risk of significant losses.
Although chart shows positive values, it represents the percentage drop from the peak, so a value of 10% means the portfolio has dropped 10% from its highest point.

Income Statement

The income statement provides a summary of a company's revenues, expenses, and profits over a specific period. It shows how much money the company earned (revenues) and how much it spent (expenses), leading to the net income or profit. This statement is crucial for understanding a company's financial performance and profitability.

202520232022202020192018
Liabilities And Equity (USD)7.15B7.25B7.19B7.43B7.41B6.72B
Equity Attributable To Parent (USD)3.33B3.22B3.11B2.81B2.65B1.95B
Equity Attributable To Noncontrolling Interest (USD)355.20M323.70M333.60M379.30M359.70M386.30M
Equity (USD)3.69B3.54B3.44B3.19B3.01B2.33B
Other Non-current Liabilities (USD)494.30M479.80M532.70M806.30M784.10M704.90M
Long-term Debt (USD)2.23B2.45B2.46B2.71B2.96B3.01B
Noncurrent Liabilities (USD)2.73B2.93B3.00B3.52B3.74B3.71B
Current Liabilities (USD)735.40M779.30M752.30M726.30M658.10M679.00M
Liabilities (USD)3.46B3.71B3.75B4.24B4.40B4.39B
Other Non-current Assets (USD)3.48B3.47B3.42B3.73B3.58B2.16B
Intangible Assets (USD)1.19B1.39B1.49B1.79B1.88B1.99B
Fixed Assets (USD)-----756.30M
Noncurrent Assets (USD)4.67B4.85B4.91B5.52B5.45B4.91B
Other Current Assets (USD)1.78B1.75B1.62B1.40B1.48B1.28B
Inventory (USD)700.00M647.20M656.20M508.20M475.10M537.60M
Current Assets (USD)2.48B2.40B2.28B1.91B1.96B1.81B
Assets (USD)7.15B7.25B7.19B7.43B7.41B6.72B

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