Home 
Today's Top Picks 
Top Performers 
Watchlist 
My Robo Portfolios 
ETF Zone 
Help & Tutorial 
Cancel anytime
- Chart
- Upturn Summary
- Highlights
- Valuation
- Analyst Ratings
Upturn AI SWOT - About
GTES 
Gates Industrial Corporation plc (GTES)
Today’s top pick
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- Pass (Skip investing)
Stock price based on last close (see disclosures)
- ALL
- YEAR
- MONTH
- WEEK
Upturn Advisory Summary
06/16/2025: GTES (3-star) is a STRONG-BUY. BUY since 27 days. Profits (6.97%). Updated daily EoD!
Upturn Star Rating
Moderate Performance
These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.
Number of Analysts
11 Analysts rated it
These Stocks/ETFs, based on Upturn Advisory, have historically outperformed the market, making them a top-tier choice for investors.
Year Target Price $24.55
Year Target Price $24.55
| 6 | Strong Buy |
| 2 | Buy |
| 3 | Hold |
| 0 | Under performing |
| 0 | Sell |
Analysis of Past Performance
Type Stock | Historic Profit -3.27% | Avg. Invested days 38 | Today’s Advisory Regular Buy |
Upturn Star Rating | Upturn Advisory Performance  3.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 06/16/2025 |
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 5.96B USD | Price to earnings Ratio 27.87 | 1Y Target Price 24.55 |
Price to earnings Ratio 27.87 | 1Y Target Price 24.55 | ||
Volume (30-day avg) - | Beta 1.22 | 52 Weeks Range 14.70 - 23.85 | Updated Date 06/29/2025 |
52 Weeks Range 14.70 - 23.85 | Updated Date 06/29/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) 0.83 |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 6.39% | Operating Margin (TTM) 15.29% |
Management Effectiveness
Return on Assets (TTM) 4.54% | Return on Equity (TTM) 7.02% |
Valuation
Trailing PE 27.87 | Forward PE 15.92 | Enterprise Value 7789047092 | Price to Sales(TTM) 1.76 |
Enterprise Value 7789047092 | Price to Sales(TTM) 1.76 | ||
Enterprise Value to Revenue 2.3 | Enterprise Value to EBITDA 11.42 | Shares Outstanding 257771008 | Shares Floating 252485913 |
Shares Outstanding 257771008 | Shares Floating 252485913 | ||
Percent Insiders 1.72 | Percent Institutions 105.33 |
Analyst Ratings
Rating 4.27 | Target Price 24.55 | Buy 2 | Strong Buy 6 |
Buy 2 | Strong Buy 6 | ||
Hold 3 | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Gates Industrial Corporation plc
Company Overview
History and Background
Gates Industrial Corporation plc traces its roots back to 1911 when Charles Gates Sr. acquired the Colorado Tire and Leather Company. Over the years, it transformed from a tire and rubber company into a diversified manufacturer of power transmission and fluid power solutions.
Core Business Areas
- Power Transmission: Designs, manufactures, and sells belts, hoses, sprockets, pulleys, and related components used in a wide variety of applications. Serves various industries including agriculture, construction, automotive, and industrial manufacturing.
- Fluid Power: Designs, manufactures, and sells hoses, fittings, tubing, couplings, and related components that convey hydraulic and pneumatic power. Serves industries like agriculture, construction, mining, and oil and gas.
Leadership and Structure
The leadership team includes Ivo Jurek (CEO) and Brooks Mallard (CFO). The organizational structure is based on business segments (Power Transmission and Fluid Power) with global operations.
Top Products and Market Share
Key Offerings
- Product Name 1: Belts (Power Transmission): Offers a range of belts for industrial and automotive applications. Estimated market share in the global industrial belt market is approximately 15-20%. Competitors include Continental AG, Dayco, and Bosch.
- Product Name 2: Hydraulic Hoses (Fluid Power): Supplies hydraulic hoses for various industries. Estimated global market share of roughly 10-15%. Competitors include Parker Hannifin, Eaton, and Manuli Hydraulics.
Market Dynamics
Industry Overview
The power transmission and fluid power industries are driven by industrial production, infrastructure development, and automotive manufacturing. Growth is influenced by factors such as automation, electrification, and efficiency improvements.
Positioning
Gates is a leading global manufacturer in both power transmission and fluid power solutions. Its competitive advantages include a broad product portfolio, global distribution network, and strong brand reputation.
Total Addressable Market (TAM)
The combined TAM for power transmission and fluid power is estimated to be over $70 billion. Gates is positioned to capture a significant share of this market through its existing product lines and expansion into new applications and geographies.
Upturn SWOT Analysis
Strengths
- Global presence
- Broad product portfolio
- Strong brand recognition
- Established distribution network
- Technological expertise
Weaknesses
- Exposure to cyclical industries
- Dependence on commodity prices
- Potential for product liability claims
- Higher than average debt to equity ratio
Opportunities
- Expansion into emerging markets
- Development of innovative products
- Acquisitions to expand product offerings
- Increased demand for efficient power solutions
- Growth in electric vehicles market
Threats
- Economic downturns
- Increased competition
- Fluctuations in raw material costs
- Disruptive technologies
- Changes in environmental regulations
Competitors and Market Share
Key Competitors
- PAR
- ECL
- HON
Competitive Landscape
Gates competes on product quality, innovation, and customer service. Its strengths include a broad product portfolio and global reach. Weaknesses include exposure to cyclical industries and higher debt ratio.
Major Acquisitions
Atlas Hydraulics
- Year: 2022
- Acquisition Price (USD millions): 195
- Strategic Rationale: Expanded product portfolio in the fluid power segment and increased market share in key regions.
Growth Trajectory and Initiatives
Historical Growth: Gates has experienced moderate revenue growth over the past several years, driven by organic growth and acquisitions.
Future Projections: Analysts project modest revenue growth for Gates in the coming years, driven by increased demand for its products and expansion into new markets.
Recent Initiatives: Recent initiatives include investments in research and development, expansion of production capacity, and acquisitions of complementary businesses.
Summary
Gates is a well-established player in the power transmission and fluid power industries with a global presence. Strengths include its diverse product portfolio and extensive distribution network. Challenges include cyclical market exposure and managing debt. The company is strategically positioned to benefit from growth opportunities in emerging markets and electric vehicles.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company SEC Filings
- Analyst Reports
- Industry Publications
Disclaimers:
This analysis is based on publicly available information and analyst estimates. The information is for informational purposes only and should not be considered investment advice.
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.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.