USD 20.49
| ticker | 1 day return % | 1 week return % | 1 month return % | 3 months return % | 6 months return % | 1 year return % | 3 years return % | 5 years return % | 10 years return % | maximum return % |
|---|---|---|---|---|---|---|---|---|---|---|
| GTES | 0.9 | 3.0 | -6.0 | 11.7 | 17.2 | 55.8 | 25.0 | 54.8 | 10.8 | 10.8 |
| S&P 500 | 1.0 | 1.8 | -0.9 | 2.7 | 7.3 | 26.5 | 31.0 | 80.1 | 196.5 | 33856.2 |
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| Attribute | Value |
|---|---|
| symbol | GTES |
| name | Gates Industrial Corporation plc |
| price | 20.49 |
| changes percentage | 0.936 |
| change | 0.19 |
| day low | 20.155 |
| day high | 20.565 |
| year high | 23.34 |
| year low | 12.405 |
| market cap | 5219171820 |
| price avg 50 | 21.1948 |
| price avg 200 | 18.1738 |
| exchange | NYSE |
| volume | 1219345 |
| avg volume | 2982226 |
| open | 20.38 |
| previous close | 20.3 |
| eps | 0.83 |
| pe | 24.69 |
| earnings announcement | 2025-02-06T13:30:00.000+0000 |
| shares outstanding | 254718000 |
| timestamp | 2025-01-17 21:00:02 |
We derive the score of a company's financial statements by evaluating the weighted average sentiment across key within the statements. The cumulative score, normalized to a sum of 1, serves as a metric for assessing the company's performance during the specified period. A higher score indicates stronger performance. However, it's crucial to note that while this score provides valuable insights, it is just one of many factors to consider when making informed investment decisions. A holistic evaluation, considering various aspects of the company's financial health and market conditions, is essential for a well-rounded investment strategy.
| 2023 | 2022 | Y/Y change % | |
|---|---|---|---|
| 0001718512 | |||
| revenue | 3570200000 | 3554200000 | 0.45 |
| gross profit | 1358900000 | 1250600000 | 8.66 |
| gross profit ratio | 0.38 | 0.35 | 8.17 |
| research and development expenses | 0 | 69400000 | -100.00 |
| operating expenses | 896300000 | 853900000 | 4.97 |
| interest income | 17500000 | 3600000 | 386.11 |
| interest expense | 163200000 | 139400000 | 17.07 |
| ebitda | 676300000 | 620200000 | 9.05 |
| ebitdaratio | 0.19 | 0.18 | 7.36 |
| operating income | 462600000 | 384000000 | 20.47 |
| operating income ratio | 0.13 | 0.11 | 19.93 |
| net income | 232900000 | 220800000 | 5.48 |
| net income ratio | 0.07 | 0.06 | 5.01 |
| eps | 0.86 | 0.78 | 10.26 |
Revenue Growth: revenue increased to 3,570 million in 2023 from 3,554 million in 2022 representing a change of 0.45%. This indicates a sales growth, which is a positive sign for the company.
Gross Profit: Gross Profit increased to 1,359 million in 2023 from 1,251 million in 2022 representing a change of 8.66%. This indicates a sales profitability growth, which is a positive sign for the company.
EBITDA: EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) increased to 676 million in 2023 from 620 million in 2022 representing a change of 9.05%. The increase in EBITDA indicates improved operational efficiency and profitability.
Operating Income: Operating income increased to 463 million in 2023 from 384 million in 2022 representing a change of 20.47%. The increase in operating income indicates better operational performance and increased profitability.
Net Income: Net income increased to 233 million in 2023 from 221 million in 2022 representing a change of 5.48%. The increase in net income shows improved profitability and indicates that the company is generating more profit for each dollar of revenue.
Earnings per Share (EPS): EPS increased to 0.86 in 2023 from 0.86 in 2022 representing a change of 10.26%. This indicates that the company's earnings are increasing and it is becoming more profitable on a per-share basis.
Research and Development (R&D) Expenses: R&D Expenses decreased to 0 million in 2023 from 69 million in 2022 representing a change of -100.0%. This shows that the company decreased investment in innovation and product development, which is not a good sign for long-term growth.
Operating Expenses: Operating Expenses increased to 896 million in 2023 from 854 million in 2022 representing a change of 4.97%. The increase in operating expenses can be attributed to various factors such as marketing, administrative costs, and investments in infrastructure. It's important to monitor if these expenses are growing at a sustainable rate compared to revenue.
| 2024Q3 | 2024Q2 | Q/Q change % | |
|---|---|---|---|
| 0001718512 | |||
| revenue | 830700000 | 885500000 | -6.19 |
| gross profit | 335800000 | 360800000 | -6.93 |
| gross profit ratio | 0.4 | 0.41 | -0.79 |
| research and development expenses | 0 | 0 | NaN |
| operating expenses | 219900000 | 219500000 | 0.18 |
| interest income | 2800000 | 2700000 | 3.70 |
| interest expense | 35100000 | 32200000 | 9.01 |
| ebitda | 163700000 | 194100000 | -15.66 |
| ebitdaratio | 0.2 | 0.22 | -10.88 |
| operating income | 113200000 | 141300000 | -19.89 |
| operating income ratio | 0.14 | 0.16 | -14.60 |
| net income | 47600000 | 70700000 | -32.67 |
| net income ratio | 0.06 | 0.08 | -28.23 |
| eps | 0.18 | 0.27 | -33.33 |
Revenue Growth: revenue decreased to 831 million in 2024Q3 from 886 million in 2024Q2 representing a change of -6.19%. This indicates a sales shrinking, which is a negative sign for the company.
Gross Profit: Gross Profit decreased to 336 million in 2024Q3 from 361 million in 2024Q2 representing a change of -6.93%. This indicates a sales profitability decline, which is a negative sign for the company.
Operating Expenses: Operating Expenses increased to 220 million in 2024Q3 from 220 million in 2024Q2 representing a change of 0.18%. The increase in operating expenses can be attributed to various factors such as marketing, administrative costs, and investments in infrastructure. It's important to monitor if these expenses are growing at a sustainable rate compared to revenue.
EBITDA: EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) decreased to 164 million in 2024Q3 from 194 million in 2024Q2 representing a change of -15.66%. The decrease in EBITDA indicates declined operational efficiency and profitability.
Operating Income: Operating income decreased to 113 million in 2024Q3 from 141 million in 2024Q2 representing a change of -19.89%. The decrease in operating income indicates worse operational performance and decreased profitability.
Net Income: Net income decreased to 48 million in 2024Q3 from 71 million in 2024Q2 representing a change of -32.67%. The decrease in net income shows worsen profitability and indicates that the company is generating less profit for each dollar of revenue.
Earnings per Share (EPS): EPS increased to 0.18 in 2024Q3 from 0.18 in 2024Q2 representing a change of -33.33%. This indicates that the company's earnings are decreasing and it is becoming less profitable on a per-share basis.
| 2023 | 2022 | Y/Y change % | |
|---|---|---|---|
| 0001718512 | |||
| total assets | 7254500000 | 7191600000 | 0.87 |
| total liabilities | 3710600000 | 3748000000 | -1.00 |
| total equity | 3543900000 | 3443600000 | 2.91 |
| cash and cash equivalents | 720600000 | 578400000 | 24.59 |
| short term investments | 0 | 33300000 | -100.00 |
| long term investments | 54100000 | 32700000 | 65.44 |
| total current assets | 2401300000 | 2277400000 | 5.44 |
| total non current assets | 4853200000 | 4914200000 | -1.24 |
| total current liabilities | 779300000 | 752300000 | 3.59 |
| total non current liabilities | 2931300000 | 2995700000 | -2.15 |
| common stock | 2600000 | 2800000 | -7.14 |
| retained earnings | 1462300000 | 1482900000 | -1.39 |
| total debt | 2562100000 | 2584900000 | -0.88 |
Total Assets: Total Assets increased to 7,254 million in 2023 from 7,192 million in 2022 representing a change of 0.87%. Suggesting a growth in asset holdings.
Total Liabilities: Total Liabilities decreased to 3,711 million in 2023 from 3,748 million in 2022 representing a change of -1.0%. This indicates a decrease in overall liabilities.
Total Equity: Total Equity increased to 3,544 million in 2023 from 3,444 million in 2022 representing a change of 2.91%. This indicates an increase in shareholders' equity.
Cash And Cash Equivalents: Cash And Cash Equivalents increased to 721 million in 2023 from 578 million in 2022 representing a change of 24.59%. This indicates an increase in available liquid assets.
Total Current Assets: Total Current Assets increased to 2,401 million in 2023 from 2,277 million in 2022 representing a change of 5.44%. This indicates a better liquidity position.
Total Debt: Total Debt decreased to 2,562 million in 2023 from 2,585 million in 2022 representing a change of -0.88%. This indicates a reduction in overall debt burden.
Short Term Investments: Short Term Investments decreased to 0 million in 2023 from 33 million in 2022 representing a change of -100.0%. This indicates a decrease in short-term investment holdings.
Total Current Liabilities: Total Current Liabilities increased to 779 million in 2023 from 752 million in 2022 representing a change of 3.59%. This indicates a higher short-term debt burden.
Common Stock: Common Stock decreased to 3 in 2023 from 3 in 2022 representing a change of -7.14%. This indicates a decrease in ownership interest.
Retained Earnings: Retained Earnings decreased to 1,462 million in 2023 from 1,483 million in 2022 representing a change of -1.39%. This indicates an accumulated losses.
| 2024Q3 | 2024Q2 | Q/Q change % | |
|---|---|---|---|
| 0001718512 | |||
| total assets | 7121500000 | 7034800000 | 1.23 |
| total liabilities | 3663600000 | 3540500000 | 3.48 |
| total equity | 3457900000 | 3494300000 | -1.04 |
| cash and cash equivalents | 574400000 | 579700000 | -0.91 |
| short term investments | 0 | 32300000 | -100.00 |
| long term investments | 0 | 47400000 | -100.00 |
| total current assets | 2400500000 | 2376500000 | 1.01 |
| total non current assets | 4721000000 | 4658300000 | 1.35 |
| total current liabilities | 795600000 | 763400000 | 4.22 |
| total non current liabilities | 2868000000 | 2777100000 | 3.27 |
| common stock | 2500000 | 2600000 | -3.85 |
| retained earnings | 1570100000 | 1522500000 | 3.13 |
| total debt | 2503500000 | 2449900000 | 2.19 |
Total Assets: Total Assets increased to 7,122 million in 2024Q3 from 7,035 million in 2024Q2 representing a change of 1.23%. Suggesting a growth in asset holdings.
Total Current Assets: Total Current Assets increased to 2,400 million in 2024Q3 from 2,376 million in 2024Q2 representing a change of 1.01%. This indicates a better liquidity position.
Retained Earnings: Retained Earnings increased to 1,570 million in 2024Q3 from 1,522 million in 2024Q2 representing a change of 3.13%. This indicates an accumulated profits.
Total Liabilities: Total Liabilities increased to 3,664 million in 2024Q3 from 3,540 million in 2024Q2 representing a change of 3.48%. This indicates an increase in overall liabilities.
Total Equity: Total Equity decreased to 3,458 million in 2024Q3 from 3,494 million in 2024Q2 representing a change of -1.04%. This indicates a decrease in shareholders' equity.
Cash And Cash Equivalents: Cash And Cash Equivalents decreased to 574 million in 2024Q3 from 580 million in 2024Q2 representing a change of -0.91%. This indicates a decrease in available liquid assets.
Short Term Investments: Short Term Investments decreased to 0 million in 2024Q3 from 32 million in 2024Q2 representing a change of -100.0%. This indicates a decrease in short-term investment holdings.
Total Current Liabilities: Total Current Liabilities increased to 796 million in 2024Q3 from 763 million in 2024Q2 representing a change of 4.22%. This indicates a higher short-term debt burden.
Common Stock: Common Stock decreased to 2 in 2024Q3 from 3 in 2024Q2 representing a change of -3.85%. This indicates a decrease in ownership interest.
Total Debt: Total Debt increased to 2,504 million in 2024Q3 from 2,450 million in 2024Q2 representing a change of 2.19%. This indicates an increase in overall debt burden.
| 2023 | 2022 | Y/Y change % | |
|---|---|---|---|
| 0001718512 | |||
| net change in cash | 142600000 | -79500000 | 279.37 |
| operating cash flow | 481000000 | 265800000 | 80.96 |
| free cash flow | 409600000 | 178800000 | 129.08 |
| capital expenditure | -61200000 | -87000000 | 29.66 |
| depreciation and amortization | 217500000 | 217200000 | 0.14 |
| deferred income tax | -65700000 | -79700000 | 17.57 |
| stock based compensation | 27400000 | 44300000 | -38.15 |
| accounts payables | -17800000 | -15900000 | -11.95 |
| inventory | 24500000 | 2900000 | 744.83 |
| acquisitions net | 0 | 0 | NaN |
| investments in property plant and equipment | -61200000 | -87000000 | 29.66 |
| net cash used for investing activites | -81800000 | -90700000 | 9.81 |
| debt repayment | -20900000 | -55199999 | 62.14 |
| common stock issued | 18700000 | 15900000 | 17.61 |
| common stock repurchased | -251700000 | -175900000 | -43.09 |
| dividends paid | 0 | 0 | NaN |
| net cash used provided by financing activities | -258300000 | -253100000 | -2.05 |
| cash at end of period | 724000000 | 581400000 | 24.53 |
| accounts receivables | 45600000 | -129300000 | 135.27 |
| cash at beginning of period | 581400000 | 660900000 | -12.03 |
Net Change in Cash: Net Change in Cash increased to 143 million in 2023 from -80 million in 2022 representing a change of 279.37%. Indicating an increased ability to generate cash from the company's operations or its cash flow position.
Operating Cash Flow: Operating Cash Flow increased to 481 million in 2023 from 266 million in 2022 representing a change of 80.96%. This indicates that the company generated more cash from its core business operations.
Free Cash Flow: Free Cash Flow increased to 410 million in 2023 from 179 million in 2022 representing a change of 129.08%. This indicates an increase in cash generated after accounting for capital expenditures.
Stock-Based Compensation: Stock-Based Compensation decreased to 27 million in 2023 from 44 million in 2022 representing a change of -38.15%. This indicates decreased expenses, which is generally considered a positive sign from a financial perspective.
Capital Expenditure: Capital Expenditure increased to -61 million in 2023 from -87 million in 2022 representing a change of 29.66%. This indicates an increase in the cash outflow required for acquiring or improving long-term assets.
Deferred Income Tax: Deferred Income Tax increased to -66 million in 2023 from -80 million in 2022 representing a change of 17.57%. This indicates that the company's tax liability for future periods has increased.
Accounts Payables: The absolute value of Accounts Payables increased to 18 million in 2023 from 16 million in 2022 representing a change of -11.95%. This indicates that the company has increased its outstanding obligations to its suppliers.
Accounts Receivables: Accounts Receivables increased to 46 in 2023 from -129 million in 2022 representing a change of 135.27%. This suggests that the company is less capable of collecting payments from its customers.
| 2024Q3 | 2024Q2 | Q/Q change % | |
|---|---|---|---|
| 0001718512 | |||
| operating cash flow | 115900000 | 93800000 | 23.56 |
| free cash flow | 101400000 | 66600000 | 52.25 |
| capital expenditure | -21900000 | -27200000 | 19.49 |
| depreciation and amortization | 53700000 | 54500000 | -1.47 |
| deferred income tax | -11900000 | -12100000 | 1.65 |
| stock based compensation | 6400000 | 5200000 | 23.08 |
| accounts receivables | 10800000 | -18200000 | 159.34 |
| accounts payables | -21800000 | -2800000 | -678.57 |
| inventory | -18000000 | -29100000 | 38.14 |
| acquisitions net | 0 | 10500000 | -100.00 |
| investments in property plant and equipment | -14500000 | -27200000 | 46.69 |
| net cash used for investing activites | -40200000 | -20600000 | -95.15 |
| debt repayment | 27200000 | -19800000 | 237.37 |
| common stock issued | 2900000 | 4600000 | -36.96 |
| common stock repurchased | -125800000 | 0 | NaN |
| dividends paid | 0 | 0 | NaN |
| net cash used provided by financing activities | -95900000 | -8700000 | -1002.30 |
| net change in cash | -2200000 | 57500000 | -103.83 |
| cash at end of period | 577500000 | 579700000 | -0.38 |
| cash at beginning of period | 579700000 | 522200000 | 11.01 |
Net Change in Cash: Net Change in Cash decreased to -2 million in 2024Q3 from 58 million in 2024Q2 representing a change of -103.83%. Indicating a declined ability to generate cash from the company's operations or its cash flow position.
Capital Expenditure: Capital Expenditure increased to -22 million in 2024Q3 from -27 million in 2024Q2 representing a change of 19.49%. This indicates an increase in the cash outflow required for acquiring or improving long-term assets.
Deferred Income Tax: Deferred Income Tax increased to -12 million in 2024Q3 from -12 million in 2024Q2 representing a change of 1.65%. This indicates that the company's tax liability for future periods has increased.
Stock-Based Compensation: Stock-Based Compensation increased to 6 million in 2024Q3 from 5 million in 2024Q2 representing a change of 23.08%. This indicates increased expenses, which is generally considered a negative sign from a financial perspective.
Accounts Payables: The absolute value of Accounts Payables increased to 22 million in 2024Q3 from 3 million in 2024Q2 representing a change of -678.57%. This indicates that the company has increased its outstanding obligations to its suppliers.
Accounts Receivables: Accounts Receivables increased to 11 in 2024Q3 from -18 million in 2024Q2 representing a change of 159.34%. This suggests that the company is less capable of collecting payments from its customers.
Operating Cash Flow: Operating Cash Flow increased to 116 million in 2024Q3 from 94 million in 2024Q2 representing a change of 23.56%. This indicates that the company generated more cash from its core business operations.
Free Cash Flow: Free Cash Flow increased to 101 million in 2024Q3 from 67 million in 2024Q2 representing a change of 52.25%. This indicates an increase in cash generated after accounting for capital expenditures.
We save you time by utilizing Generative AI to summarize earnings transcripts. Our summaries provide a clear insight into the company's current performance, future outlook, and overall sentiment expressed during the call. Click on below links to explore more.
Note: The years mentioned below are fiscal years in accounting.
Q3 2024 Earnings call transcript
EPS represents the portion of a company's profit allocated to each outstanding share of common stock. A higher EPS is generally favorable, indicating stronger profitability on a per-share basis.
Positive EPS: A positive EPS signifies that a company is profitable, it is generally viewed positively, supporting stock value and investor confidence.
Negative EPS: Indicates that a company is operating at a loss, which could lead to negative sentiment, potential stock depreciation, and concerns about the company's financial health.
The Next Earning Date represents when the company plans to release its next set of financial results.
An upward trend in EPS suggests consistent growth in earnings, often leading to increased investor confidence. A downward trend may indicate a decline in earnings, potentially decreasing investor confidence and stock value. Fluctuating EPS suggests unpredictable financial performance, warranting cautious investor analysis.
Earnings surprise occurs when a company's actual earnings differ from analysts' expectations. A positive earnings surprise typically reflects better-than-expected performance, potentially leading to stock appreciation. Conversely, a negative earnings surprise can result in stock depreciation. An earnings surprise of zero means the earnings met expectations, which typically has a neutral impact on stock price.
Discover detailed analyst recommendations for stocks, including categories such as Buy, Hold, Sell, Strong Buy, and Strong Sell. These insights are based on thorough analysis of financial and market factors. The consensus is calculated by assigning a numerical score to each recommendation. These scores are then weighted and averaged over a specified period to provide a comprehensive view of the stock's outlook, with the final score determining the overall consensus.
| 2023-12-30 | 2022-12-31 | Y/Y change % | |
|---|---|---|---|
| FY | |||
| calendar year | 2023 | 2022 | NaN |
| revenue per share | 13.13 | 12.51 | 4.95 |
| net income per share | 0.86 | 0.78 | 10.21 |
| operating cash flow per share | 1.77 | 0.94 | 89.07 |
| free cash flow per share | 1.51 | 0.63 | 139.35 |
| cash per share | 2.65 | 2.15 | 23.08 |
| book value per share | 13.03 | 12.12 | 7.52 |
| tangible book value per share | 0.44 | -0.1 | 546.01 |
| shareholders equity per share | 11.84 | 10.95 | 8.18 |
| interest debt per share | 10.02 | 9.59 | 4.52 |
| market cap | 3648630230.74 | 3241159777.03 | 12.57 |
| enterprise value | 5490130230.74 | 5247659777.03 | 4.62 |
| pe ratio | 15.67 | 14.68 | 6.72 |
| price to sales ratio | 1.02 | 0.91 | 12.07 |
| pocfratio | 7.59 | 12.19 | -37.79 |
| pfcf ratio | 8.91 | 18.13 | -50.86 |
| pb ratio | 1.13 | 1.04 | 8.72 |
| ptb ratio | 1.13 | 1.04 | 8.72 |
| ev to sales | 1.54 | 1.48 | 4.15 |
| enterprise value over ebitda | 8.12 | 8.46 | -4.06 |
| ev to operating cash flow | 11.41 | 19.74 | -42.19 |
| ev to free cash flow | 13.4 | 29.35 | -54.33 |
| earnings yield | 0.06 | 0.07 | -6.30 |
| free cash flow yield | 0.11 | 0.06 | 103.50 |
| debt to equity | 0.8 | 0.83 | -4.27 |
| debt to assets | 0.35 | 0.36 | -1.74 |
| net debt to ebitda | 2.72 | 3.24 | -15.84 |
| current ratio | 3.08 | 3.03 | 1.79 |
| interest coverage | 2.83 | 2.75 | 2.90 |
| income quality | 1.88 | 1.1 | 71.15 |
| dividend yield | 0 | 0 | NaN |
| payout ratio | 0 | 0 | NaN |
| sales general and administrative to revenue | 0.25 | 0.24 | 3.31 |
| research and ddevelopement to revenue | 0 | 0.02 | -100.00 |
| intangibles to total assets | 0.47 | 0.48 | -2.20 |
| capex to operating cash flow | 0.13 | 0.33 | -61.13 |
| capex to revenue | 0.02 | 0.02 | -29.97 |
| capex to depreciation | 0.28 | 0.4 | -29.75 |
| stock based compensation to revenue | 0.01 | 0.01 | -38.43 |
| graham number | 15.11 | 13.84 | 9.19 |
| roic | 0.06 | 0.06 | 14.54 |
| return on tangible assets | 0.06 | 0.06 | 2.46 |
| graham net net | -7.6 | -7.72 | 1.46 |
| working capital | 1622000000 | 1525100000 | 6.35 |
| tangible asset value | 119100000 | -27900000 | 526.88 |
| net current asset value | -1309300000 | -1470600000 | 10.97 |
| invested capital | 5796900000 | 5766300000 | 0.53 |
| average receivables | 810100000 | 774400000 | 4.61 |
| average payables | 463650000 | 488100000 | -5.01 |
| average inventory | 651700000 | 669400000 | -2.64 |
| days sales outstanding | 81.65 | 84.37 | -3.24 |
| days payables outstanding | 75.55 | 74.41 | 1.53 |
| days of inventory on hand | 106.83 | 103.97 | 2.75 |
| receivables turnover | 4.47 | 4.33 | 3.34 |
| payables turnover | 4.83 | 4.91 | -1.51 |
| inventory turnover | 3.42 | 3.51 | -2.67 |
| roe | 0.07 | 0.07 | 1.87 |
| capex per share | 0.23 | 0.31 | -26.50 |
ROE:
PE Ratio: Price-to-Earnings (P/E) Ratio increased to 15.67 on 2023-12-30 from 14.68 on 2022-12-31, representing a change of 6.72%. Indicating an increase in the relative valuation of the company's stock.
Debt-to-Equity Ratio: Debt-to-Equity Ratio decreased to 0.80 on 2023-12-30 from 0.83 on 2022-12-31, representing a change of -4.27%. The debt-to-equity ratio has been decreasing, indicating that the company has been relying less on debt financing. A ratio of 1 or below is often considered healthy and indicates that the company's total debt is equal to or less than its total equity.
Current Ratio: Current Ratio increased to 3.08 on 2023-12-30 from 3.03 on 2022-12-31, representing a change of 1.79%. The current ratio has been increasing, suggesting an increase in the company's short-term liquidity. Since it's above 3, indicating poor management of working capital.
| 2024-09-28 Q3 | 2024-06-29 Q2 | Q/Q change % | |
|---|---|---|---|
| GTES | |||
| calendar year | 2024 | 2024 | NaN |
| revenue per share | 3.21 | 3.39 | -5.26 |
| net income per share | 0.18 | 0.27 | -32.01 |
| operating cash flow per share | 0.45 | 0.36 | 24.78 |
| free cash flow per share | 0.39 | 0.25 | 53.75 |
| cash per share | 2.22 | 2.34 | -5.22 |
| book value per share | 13.36 | 13.37 | -0.07 |
| tangible book value per share | 0.64 | 0.84 | -23.20 |
| shareholders equity per share | 12.01 | 12.15 | -1.13 |
| interest debt per share | 9.81 | 9.49 | 3.28 |
| market cap | 4618590410.48 | 4133370494.79 | 11.74 |
| enterprise value | 6547690410.48 | 6003570494.79 | 9.06 |
| pe ratio | 24.26 | 14.62 | 65.97 |
| price to sales ratio | 5.56 | 4.67 | 19.11 |
| pocfratio | 39.85 | 44.07 | -9.57 |
| pfcf ratio | 45.55 | 62.06 | -26.61 |
| pb ratio | 1.48 | 1.3 | 14.14 |
| ptb ratio | 1.48 | 1.3 | 14.14 |
| ev to sales | 7.88 | 6.78 | 16.26 |
| enterprise value over ebitda | 40.0 | 30.93 | 29.32 |
| ev to operating cash flow | 56.49 | 64.0 | -11.73 |
| ev to free cash flow | 64.57 | 90.14 | -28.37 |
| earnings yield | 0.01 | 0.02 | -39.75 |
| free cash flow yield | 0.02 | 0.02 | 36.26 |
| debt to equity | 0.8 | 0.77 | 4.38 |
| debt to assets | 0.35 | 0.35 | 0.94 |
| net debt to ebitda | 11.78 | 9.64 | 22.30 |
| current ratio | 3.02 | 3.11 | -3.08 |
| interest coverage | 3.23 | 4.39 | -26.51 |
| income quality | 2.1 | 1.32 | 59.22 |
| dividend yield | 0 | 0 | NaN |
| payout ratio | 0 | 0 | NaN |
| sales general and administrative to revenue | 0.26 | 0.25 | 7.38 |
| research and ddevelopement to revenue | 0 | 0 | NaN |
| intangibles to total assets | 0.46 | 0.47 | -0.74 |
| capex to operating cash flow | 0.19 | 0.29 | -34.84 |
| capex to revenue | 0.03 | 0.03 | -14.17 |
| capex to depreciation | 0.41 | 0.5 | -18.29 |
| stock based compensation to revenue | 0.01 | 0.01 | 31.20 |
| graham number | 7.05 | 8.6 | -18.01 |
| roic | 0.01 | 0.02 | -26.81 |
| return on tangible assets | 0.01 | 0.02 | -33.92 |
| graham net net | -8.18 | -7.4 | -10.63 |
| working capital | 1604900000 | 1613100000 | -0.51 |
| tangible asset value | 166100000 | 218400000 | -23.95 |
| net current asset value | -1263100000 | -1164000000 | -8.51 |
| invested capital | 5638200000 | 5616300000 | 0.39 |
| average receivables | 837100000 | 852150000 | -1.77 |
| average payables | 434400000 | 446350000 | -2.68 |
| average inventory | 710550000 | 686850000 | 3.45 |
| days sales outstanding | 87.95 | 87.65 | 0.34 |
| days payables outstanding | 77.74 | 75.69 | 2.71 |
| days of inventory on hand | 131.77 | 119.47 | 10.30 |
| receivables turnover | 1.02 | 1.03 | -0.34 |
| payables turnover | 1.16 | 1.19 | -2.63 |
| inventory turnover | 0.68 | 0.75 | -9.34 |
| roe | 0.02 | 0.02 | -31.23 |
| capex per share | 0.08 | 0.1 | -18.69 |
ROE: Return on Equity (ROE) decreased to 0.02 on 2024-09-28 Q3 from 0.02 on 2024-06-29 Q2, representing a change of -31.23%. Suggesting that the company has not been generating high returns for its shareholders.
Current Ratio: Current Ratio decreased to 3.02 on 2024-09-28 Q3 from 3.11 on 2024-06-29 Q2, representing a change of -3.08%. The current ratio has been declining, suggesting a decrease in the company's short-term liquidity. Since it's above 3, indicating poor management of working capital.
PE Ratio: Price-to-Earnings (P/E) Ratio increased to 24.26 on 2024-09-28 Q3 from 14.62 on 2024-06-29 Q2, representing a change of 65.97%. Indicating an increase in the relative valuation of the company's stock.
Debt-to-Equity Ratio: Debt-to-Equity Ratio increased to 0.80 on 2024-09-28 Q3 from 0.77 on 2024-06-29 Q2, representing a change of 4.38%. The debt-to-equity ratio has been increasing, indicating that the company has been relying more on debt financing. Higher leverage may increase financial risk. However, a ratio of 1 or below is often considered healthy and indicates that the company's total debt is equal to or less than its total equity.
Negative Sentiment: Discounted Cash Flow value is 10.33 which is lower than current price 20.49, indicates the company may be overvalued.
| Market Capitalization | Enterprise Value | |
|---|---|---|
| Definition | The total market value of a company's outstanding shares | The total market value of a company, including its debt and other liabilities |
| Calculation | Current share price * Total number of outstanding shares | Market capitalization + Total debt - Cash and cash equivalents |
| Focus | Equity component of a company's value | Total economic value of a company |
| Usefulness | Assesses a company's size and growth potential based on investor sentiment | Provides a more comprehensive valuation that considers both equity and debt |
Analyzing dividends is a crucial aspect of investment evaluation, offering valuable insights into a company's financial health and its commitment to shareholder returns. Dividends represent a portion of a company's profits distributed to its shareholders, providing a steady income stream. We help you analyze dividends based on the indicators mentioned below:
• Investors often assess the average dividend amount, observing trends over time to gauge the company's stability and growth potential. A positive trend in average dividends indicates a consistent and potentially lucrative investment. Additionally, evaluating the trend of dividend increases provides insight into the company's financial strength and management's confidence in future earnings.
• Consistency in paying dividends is a reassuring sign, reflecting a company's reliability and commitment to shareholder value. For investors, dividends not only offer income but also contribute to the overall total return on investment.
• Companies with a history of regular and increasing dividends can attract income-focused investors seeking stable returns, making dividends a critical factor in building a well-rounded investment portfolio.
Interested in the overall sentiment for a particular period? Check out our news sentiment analysis tool.
Sentiment: Neutral
Publish Date: 2025-01-14 16:30:00
DENVER , Jan. 14, 2025 /PRNewswire/ -- Gates Industrial Corporation plc (NYSE:GTES) will issue its fourth-quarter earnings release before the market opens on Thursday, February 6, 2025. Management will host a webcast and conference call on the same day at 11:00 a.m.
Sentiment: Positive
Publish Date: 2025-01-09 06:06:10
We have screened value stocks JKS, ENS, KT, BIP and GTES based on the EV-to-EBITDA ratio, which gives the true picture of valuation and earnings potential.
Sentiment: Neutral
Publish Date: 2024-12-17 10:40:34
Here is how Gates Industrial (GTES) and Kornit Digital (KRNT) have performed compared to their sector so far this year.
Sentiment: Positive
Publish Date: 2024-12-17 05:42:53
We initially doubled down on Gates Industrial Corporation due to growing profitability, improving margins, and a bullish technical pattern, resulting in a 34%+ return. Despite favorable sales mix and cost-saving initiatives, concerns remain about the sustainability of margin expansion in a negative sales environment. Management's significant stock buybacks raise questions about the long-term trajectory of earnings growth and capital efficiency.
Sentiment: Positive
Publish Date: 2024-12-16 13:01:17
Gates Industrial (GTES) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Sentiment: Positive
Publish Date: 2024-11-28 12:01:11
Is GTES' record high a rally to ride or a time to pause? Discover the key factors driving GTES stock momentum amid potential headwinds.
Sentiment: Positive
Publish Date: 2024-11-04 16:30:00
DENVER , Nov. 4, 2024 /PRNewswire/ -- Gates Industrial Corporation plc (NYSE: GTES), a global manufacturer of innovative, highly engineered power transmission and fluid power solutions, today announced that management will participate in fireside chats at the following upcoming investor conferences: The Baird Global Industrial Conference on Wednesday, November 13, 2024 at 4:05 p.m. Central time.
Sentiment: Positive
Publish Date: 2024-10-30 12:45:21
Gates Industrial Corporation plc (NYSE:GTES ) Q3 2024 Earnings Conference Call October 30, 2024 11:00 AM ET Company Participants Rich Kwas - Vice President-Investor Relations Ivo Jurek - Chief Executive Officer Brooks Mallard - Chief Financial Officer Conference Call Participants Jeff Hammond - KeyBanc Nigel Coe - Wolfe Research Damian Karas - UBS Julian Mitchell - Barclays Deane Dray - RBC Mike Halloran - Baird Clay Williams - Goldman Sachs David Raso - Evercore ISI Andrew Kaplowitz - Citi Operator Thank you for standing by. My name is Briana, and I will be your conference operator today.
Sentiment: Positive
Publish Date: 2024-10-30 10:35:33
Although the revenue and EPS for Gates Industrial (GTES) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Sentiment: Positive
Publish Date: 2024-10-30 10:16:09
Gates Industrial (GTES) came out with quarterly earnings of $0.33 per share, beating the Zacks Consensus Estimate of $0.31 per share. This compares to earnings of $0.35 per share a year ago.
Sentiment: Positive
Publish Date: 2024-10-30 08:00:00
DENVER , Oct. 30, 2024 /PRNewswire/ -- Third -Quarter 2024 Financial Summary Third-quarter net sales of $830.7 million, down 4.8% compared to the prior-year period and representing a core sales decline of 3.8% year-over-year. Net income attributable to shareholders of $47.6 million, or $0.18 per diluted share.
Sentiment: Positive
Publish Date: 2024-10-23 11:07:36
Gates Industrial (GTES) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
* The sentiment analysis presented is generated through an algorithm and may be subject to inaccuracies. Users are advised to corroborate key information and employ further analytical methods prior to making critical decisions.
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| Indicator | Bullish | Bearish |
|---|---|---|
| Price and EMA ⓘ | Price crosses above EMA | Price crosses below EMA |
| Short-Term vs Long-Term EMA ⓘ | Short EMA crosses above Long EMA | Short EMA crosses below Long EMA |
| Volume ⓘ | Increasing volume during price uptrend | Increasing volume during price downtrend |
| MACD ⓘ | MACD crosses above Signal Line | MACD crosses below Signal Line |
| RSI ⓘ | RSI is below 30 (oversold) and starts to rise above 30 | RSI is above 70 (overbought) and starts to decline below 70 |
| Candlestick Patterns ⓘ | Bullish candlestick patterns | Bearish candlestick patterns |
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