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Gates Industrial Corporation plc (GTES)



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Upturn Advisory Summary
10/14/2025: GTES (3-star) is a WEAK-BUY. BUY since 110 days. Simulated Profits (20.57%). Updated daily EoD!
1 Year Target Price $30.27
1 Year Target Price $30.27
6 | Strong Buy |
2 | Buy |
3 | Hold |
0 | Sell |
0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit 9.03% | Avg. Invested days 48 | Today’s Advisory WEAK BUY |
Upturn Star Rating ![]() ![]() | Upturn Advisory Performance ![]() | Stock Returns Performance ![]() |
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Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 6.33B USD | Price to earnings Ratio 31.53 | 1Y Target Price 30.27 |
Price to earnings Ratio 31.53 | 1Y Target Price 30.27 | ||
Volume (30-day avg) 11 | Beta 1.25 | 52 Weeks Range 14.70 - 26.42 | Updated Date 10/13/2025 |
52 Weeks Range 14.70 - 26.42 | Updated Date 10/13/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) 0.78 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 5.98% | Operating Margin (TTM) 15.03% |
Management Effectiveness
Return on Assets (TTM) 4.44% | Return on Equity (TTM) 6.43% |
Valuation
Trailing PE 31.53 | Forward PE 14.24 | Enterprise Value 8386291373 | Price to Sales(TTM) 1.87 |
Enterprise Value 8386291373 | Price to Sales(TTM) 1.87 | ||
Enterprise Value to Revenue 2.47 | Enterprise Value to EBITDA 12.6 | Shares Outstanding 257584131 | Shares Floating 252787914 |
Shares Outstanding 257584131 | Shares Floating 252787914 | ||
Percent Insiders 1.8 | Percent Institutions 108.11 |
Upturn AI SWOT
Gates Industrial Corporation plc

Company Overview
History and Background
Gates Industrial Corporation was founded in 1911 by Charles Gates Sr. in Denver, Colorado. Initially a tire and rubber company, it diversified into power transmission belts and fluid power solutions. Through acquisitions and organic growth, it has become a global leader in its industry.
Core Business Areas
- Power Transmission: Offers a broad range of belts, hose and sealing solutions used in diverse industrial and automotive applications.
- Fluid Power: Provides hydraulic and pneumatic solutions including hoses, couplings, and fluid conveyance systems.
Leadership and Structure
Ivo Jurek is the CEO of Gates Industrial Corporation. The company has a typical corporate structure with various departments reporting to executive leadership.
Top Products and Market Share
Key Offerings
- Hoses and Couplings: Hydraulic and industrial hoses and couplings used in fluid transfer. Competitors include Parker Hannifin, Eaton, and Danfoss.
- Power Transmission Belts: Industrial and automotive belts used in various applications. Gates is a leading global manufacturer of belts for all kinds of applications. Competitors include Dayco, ContiTech, and Bando. Gates holds a significant share in power transmission belts.
Market Dynamics
Industry Overview
The power transmission and fluid power industries are driven by global economic growth, industrial production, and automotive sales. There is increasing demand for efficient and reliable solutions.
Positioning
Gates is a leading global player in power transmission and fluid power solutions, with a strong brand reputation and a diverse product portfolio.
Total Addressable Market (TAM)
Estimated TAM in the hundreds of billions of USD across various sectors. Gates is well positioned to capture share, given its product line.
Upturn SWOT Analysis
Strengths
- Global Presence
- Strong Brand Reputation
- Diverse Product Portfolio
- Extensive Distribution Network
- R&D Capabilities
Weaknesses
- Exposure to Cyclical Industries
- Dependence on Raw Material Prices
- Debt Levels
- Integration Challenges
Opportunities
- Growth in Emerging Markets
- Increasing Demand for Efficient Solutions
- Technological Advancements
- Acquisitions and Partnerships
- Electrification and Hybridization Trends in Automotives
Threats
- Economic Downturns
- Intense Competition
- Fluctuations in Currency Exchange Rates
- Disruptive Technologies
- Changes in Regulations
Competitors and Market Share
Key Competitors
- Parker-Hannifin Corporation (PH)
- Eaton Corporation (ETN)
- Danfoss A/S
Competitive Landscape
Gates competes with a variety of companies in the power transmission and fluid power industries. Its competitive advantages include its strong brand, global presence, and diverse product portfolio. Disadvantages include exposure to cyclical industries and dependence on raw material prices.
Major Acquisitions
Atlas Hydraulics
- Year: 2021
- Acquisition Price (USD millions): 176
- Strategic Rationale: Expanded the company's fluid power product portfolio and strengthened its presence in key markets.
Growth Trajectory and Initiatives
Historical Growth: Historical growth information requires real-time financial data obtained directly from the company's SEC filings or financial news sources.
Future Projections: Future projections require real-time financial data obtained directly from the company's SEC filings or financial news sources.
Recent Initiatives: Recent initiatives include strategic acquisitions, product innovation, and expansion into new markets.
Summary
Gates Industrial Corporation is a significant player in the power transmission and fluid power industries. It has a global footprint and a strong brand. However, it faces challenges related to cyclical industries and raw material prices. Strategic initiatives, like acquisitions, will define their growth path.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company Website
- SEC Filings
- Industry Reports
- Financial News Sources
Disclaimers:
The information provided is for informational purposes only and should not be considered financial advice. Market data is subject to change. Seek professional advice before making any investment decisions.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Gates Industrial Corporation plc
Exchange NYSE | Headquaters Denver, CO, United States | ||
IPO Launch date 2018-01-25 | CEO & Director Mr. Ivo Jurek | ||
Sector Industrials | Industry Specialty Industrial Machinery | Full time employees 14100 | Website https://www.gates.com |
Full time employees 14100 | Website https://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. It also provides fluid power solutions comprising stationary hydraulics, mobile hydraulics, vehicle systems, and other industrial application platforms; and hydraulics, including hoses, tubing, coupling, and fittings, as well as assemblies. The company's products are used in applications across various markets, including industrial off-highway, such as construction and agriculture; industrial on-highway commercial vehicles comprising heavy-duty trucks and buses, energy and resources, automotive, and personal mobility; and various industrial applications, such as automated manufacturing and logistics systems. It sells its products under the Gates brand. It offers its products to replacement channel customers, as well as to original equipment manufacturers. The company was founded in 1911 and is headquartered in Denver, Colorado.

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