US · USD
GTES
Gates Industrial Corporation plc
- Day's range
- $27.23 – $28.29
- Day's volume
- $7.7M
- 52-week range
- $21.04 – $29.84
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See how GTES weighs in your net worth, what it has paid you and how far it is from your target allocation.
Create a free accountGTES in numbers
- Market cap
- $6.9B
- P/E
- 19.05
- P/B
- 1.97
- Dividend yield (12m)
- 0.00%
- Net debt/EBITDA
- 2.05
GTES trades at 19.05 times its earnings of the last 12 months.
GTES price history
GTES risk and return
Monthly closes adjusted for splits and distributions.
| Metric | 12 months | 36 months | 60 months |
|---|---|---|---|
| Return | +20.17% | +123.08% | +70.62% |
| Volatility (annualized) | 35.27% | 32.66% | 33.25% |
| Largest drawdown | -17.99% | -17.99% | -39.11% |
| Positive months | 8/12 | 22/36 | 32/60 |
How much did investing in GTES return?
$1,000.00 invested on 11/01/2021 would be worth $1,706.18 today.
- Value today in GTES
- $1,706.18
- Return over the period
- +70.62%
- Return per year
- +11.44%
- In the S&P 500
- $1,701.63
With dividends reinvested, before taxes and costs, at month-end closes. Past returns do not guarantee future ones.
GTES fundamentals
Valuation
- P/E19.05
- P/B1.97
- EV/EBITDA12.14
- EV/EBIT17.91
- EV/Revenue2.38
- P/EBIT14.88
- P/S1.97
- P/OCF14.52
- P/FCF17.08
- Earnings yield5.58%
- PEG ratio—
- Earnings per share$1.44
- Book value per share$13.91
Debt
- Net debt$1.4B
- Net debt/EBITDA2.05
- Net debt/Equity0.40
- Debt/Equity0.63
- Current ratio3.24
- Quick ratio2.36
- Cash ratio0.99
Efficiency
- Gross margin39.69%
- EBITDA margin19.58%
- Operating margin13.27%
- Net margin10.37%
- Asset turnover0.47
Profitability
- ROE10.32%
- ROA4.92%
- ROIC9.43%
- Payout0.00%
What is GTES's fair price?
Two classic value formulas, with today's numbers. The current price is $27.35.
- Graham's fair price
- $21.20
- 22.48% below the price
√(22.50 × $1.44 × $13.91)
Benjamin Graham paid no more than a P/E of 15 and a P/B of 1.5. Their product, 22.5, times earnings (EPS) and book value per share gives the fair price.
- Bazin's ceiling price
- —
- Does not apply to GTES: it paid no distributions in the last five years.
Décio Bazin only bought stocks yielding at least 6% a year in distributions. The ceiling price is the average dividend per share of recent years over 6%.
Graham ignores growth and debt; Bazin assumes past distributions repeat. They are references to compare, not a buy recommendation.
GTES's indicators by year
Multiples at each year's closing price; margins and returns from that year's statements.
| Indicator | 2025 | 2024 | 2023 | 2022 | 2022 | 2021 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|
| P/E | 21.68 | 26.96 | 15.23 | 14.60 | 10.85 | 58.38 | 5.79 | 15.65 |
| P/B | 1.63 | 1.74 | 1.10 | 1.04 | 1.04 | 1.65 | 1.51 | 1.97 |
| EV/EBITDA | 10.12 | 10.05 | 7.79 | 8.50 | 7.26 | 15.88 | 11.11 | 8.97 |
| Earnings per share | $0.99 | $0.76 | $0.88 | $0.78 | $1.05 | $0.27 | $2.38 | $0.85 |
| Book value per share | $13.13 | $11.84 | $12.19 | $11.00 | $10.97 | $9.63 | $9.13 | $6.72 |
| ROE | 7.54% | 6.45% | 7.23% | 7.10% | 9.58% | 2.83% | 26.03% | 12.60% |
| ROIC | 7.97% | 6.77% | 8.37% | 7.24% | 9.16% | 4.23% | 6.97% | 9.82% |
| Gross margin | 39.84% | 39.86% | 38.06% | 35.19% | 38.54% | 37.05% | 37.01% | 39.75% |
| EBITDA margin | 19.72% | 20.22% | 18.98% | 16.92% | 20.34% | 15.38% | 18.43% | 21.37% |
| Net margin | 7.30% | 5.72% | 6.52% | 6.21% | 8.55% | 2.84% | 22.35% | 7.33% |
| Net debt/EBITDA | 2.09 | 2.42 | 2.55 | 3.13 | 2.70 | 5.09 | 4.08 | 3.61 |
GTES's financial statements
| Line | 2025 | 2024 | 2023 | 2022 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Net revenue | $3.4B | $3.4B | $3.6B | $3.6B | $3.5B | $2.8B |
| Cost of revenue | -$2.1B | -$2B | -$2.2B | -$2.3B | -$2.1B | -$1.8B |
| Gross profit | $1.4B | $1.4B | $1.4B | $1.3B | $1.3B | $1B |
| EBITDA | $679.1M | $689.1M | $677.6M | $601.2M | $706.7M | $429.7M |
| EBIT | $465.3M | $472.2M | $460.1M | $384M | $484.1M | $211.1M |
| Financial result | — | — | — | — | — | — |
| Income before tax | $340.2M | $328M | $285.3M | $257.8M | $349.7M | $71M |
| Income tax | -$63.1M | -$107.5M | -$28.3M | -$14.9M | -$18.4M | $19.3M |
| Net income | $251.4M | $194.9M | $232.9M | $220.8M | $297.1M | $79.4M |
Figures the company filed with the CVM. Debt excludes leases; each quarter is that quarter alone.
Does GTES pay dividends?
GTES has no distributions on record.
About Gates Industrial
- Sector
- Manufacturing
Questions about GTES
How much is GTES today?
GTES is at $27.35 (-3.19% on the day), last traded on 10/07/2026.
What are the P/E and P/B of GTES?
GTES trades at a P/E of 19.05 and a P/B of 1.97.
How much did GTES return in 12 months?
GTES returned 20.17% in 12 months, with annualized volatility of 35.27% and a largest drawdown of -17.99%.