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Upturn AI SWOT - About
GTES 
Gates Industrial Corporation plc (GTES)
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Upturn Advisory Summary
03/26/2025: GTES (3-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Moderate Performance
These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.
AI Based Fundamental Rating
Moderate Performance
These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.
Analysis of Past Performance
Type Stock | Historic Profit 0.08% | Avg. Invested days 46 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  3.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 03/26/2025 |
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 4.70B USD | Price to earnings Ratio 24.89 | 1Y Target Price 25.91 |
Price to earnings Ratio 24.89 | 1Y Target Price 25.91 | ||
Volume (30-day avg) 3026739 | Beta 1.33 | 52 Weeks Range 15.14 - 23.85 | Updated Date 03/30/2025 |
52 Weeks Range 15.14 - 23.85 | Updated Date 03/30/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) 0.74 |
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 5.72% | Operating Margin (TTM) 14.26% |
Management Effectiveness
Return on Assets (TTM) 4.41% | Return on Equity (TTM) 6.41% |
Valuation
Trailing PE 24.89 | Forward PE 12.72 | Enterprise Value 6500616909 | Price to Sales(TTM) 1.38 |
Enterprise Value 6500616909 | Price to Sales(TTM) 1.38 | ||
Enterprise Value to Revenue 1.91 | Enterprise Value to EBITDA 9.59 | Shares Outstanding 255414000 | Shares Floating 251102133 |
Shares Outstanding 255414000 | Shares Floating 251102133 | ||
Percent Insiders 1.15 | Percent Institutions 109.88 |
Analyst Ratings
Rating 4.27 | Target Price 24.82 | 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 was founded in 1911 as the Gates Rubber Company. It evolved from manufacturing tire and tube covers to focusing on power transmission belts and fluid power solutions. It has grown through organic expansion and acquisitions, becoming a global leader in its industry. In January 2018, Gates became a public company, listed on the New York Stock Exchange under the ticker symbol GTES.
Core Business Areas
- Power Transmission: Designs and manufactures power transmission belts and related components used in a wide variety of applications across diverse end markets.
- Fluid Power: Designs and manufactures hydraulic and fluid conveyance products, including hoses, tubing, fittings, and assemblies, for industrial and automotive applications.
Leadership and Structure
Ives Brant Harris is the Chief Executive Officer of Gates Industrial Corporation. The organizational structure consists of global functional teams supporting the two main business segments. The board of directors provides oversight and strategic guidance.
Top Products and Market Share
Key Offerings
- Power Transmission Belts: Industrial and automotive belts, including V-belts, synchronous belts, and micro-V belts. Estimated market share is significant, though specific figures vary by region and product type. Competitors include Dayco, ContiTech, and Mitsuboshi. Revenue is estimated in billions.
- Hydraulic Hoses and Fittings: Hydraulic hoses, fittings, and assemblies used in various industries like construction, agriculture, and mining. Market share varies based on region, but Gates is considered a leader. Competitors include Eaton, Parker Hannifin, and Manuli Hydraulics. Revenue is estimated in billions.
Market Dynamics
Industry Overview
The power transmission and fluid power industries are driven by global industrial production, infrastructure development, and automotive sales. Trends include increasing demand for energy-efficient solutions and advanced materials.
Positioning
Gates is a leading global manufacturer of power transmission and fluid power solutions. Its competitive advantages include a broad product portfolio, strong brand reputation, global distribution network, and technological expertise.
Total Addressable Market (TAM)
The total addressable market for power transmission and fluid power products is estimated to be in tens of billions of dollars. Gates is well-positioned to capture a significant portion of this TAM through its diverse product offerings and global presence.
Upturn SWOT Analysis
Strengths
- Global brand recognition
- Extensive distribution network
- Diverse product portfolio
- Strong engineering capabilities
- Long-standing customer relationships
Weaknesses
- Exposure to cyclical industries
- Dependence on raw material prices
- Potential for product liability claims
- Integration risks from acquisitions
Opportunities
- Growing demand for electric vehicles
- Expansion into emerging markets
- Adoption of Industry 4.0 technologies
- Development of sustainable solutions
Threats
- Economic downturns
- Increased competition
- Fluctuations in raw material costs
- Geopolitical risks
- Disruptive technologies
Competitors and Market Share
Key Competitors
- Eaton Corporation (ETN)
- Parker-Hannifin Corporation (PH)
- Regal Rexnord Corporation (RRX)
Competitive Landscape
Gates faces competition from large industrial conglomerates and specialized manufacturers. Its strengths include a focused approach, strong brand, and global presence. Weaknesses can include a limited exposure in some sub-segments versus its larger and more diverse competitors.
Major Acquisitions
Atlas Hydraulics
- Year: 2021
- Acquisition Price (USD millions): 185
- Strategic Rationale: Expanded Gates' hydraulic product portfolio and market reach in Europe.
Growth Trajectory and Initiatives
Historical Growth: Historical growth is dependent on market conditions, industrial production, and overall automotive sales.
Future Projections: Requires financial analyst reports that have projections for future growth. This data may vary depending on the source.
Recent Initiatives: Recent initiatives include investments in R&D for electric vehicle solutions, expansion of digital capabilities, and strategic acquisitions to broaden product offerings.
Summary
Gates Industrial is a significant player in the power transmission and fluid power sectors, benefiting from a strong global presence and diverse product range. While it faces competition from larger and specialized firms and exposure to cyclical industries, it is well-positioned for future growth through investments in R&D and strategic acquisitions. The company's focus on electric vehicle solutions and digital capabilities will be crucial for maintaining its competitive edge. Careful management of raw material costs and geopolitical risks will also be vital for sustained success.
Similar Companies
- ETN
- PH
- RRX
- HON
- CMI
Sources and Disclaimers
Data Sources:
- Company Website
- SEC Filings
- Industry Reports
- Financial News Articles
- Analyst Reports
Disclaimers:
The data provided is based on publicly available information and analyst estimates, which are subject to change. This analysis is for informational purposes only and should not be considered financial advice. Market share data can be estimates and may vary.
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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