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Gates Industrial Corporation PLCMUN Gates Industrial Stock Report

Last reporting period 28 Sep, 2024

Updated 08 Nov, 2024

Last price

Market cap $B

4.956

Middle

Exchange

XMUN - Boerse Muenchen

1JL.MU Stock Analysis

1J

Neutral

Based on Eyestock quantitative analysis, 1JL.MU`s fundamental data and valuation indicate an investment grade of Neutral at the current time.

Rating

To assess the quality of a company's business, we have collected all financial data from the statements and presented them in the form of a single number - the company's rating. Rating value of 100 is the threshold for determining a viable investment.

52/100

Moderate score

Upside

To determine whether the current price is a reasonable to buy a stock, we compare it to our estimate of fair value. The more undervalued a stock is, the higher the upside.

-30.7 %

Overvalued

Market cap $B

4.956

Dividend yield

Shares outstanding

282.6 B

Gates Industrial Corp. Plc is a holding company, which engages in the manufacture of engineered power transmission and fluid solutions. The company is headquartered in Denver, Colorado and currently employs 15,000 full-time employees. The company went IPO on 2018-01-25. The firm operates its business on a product-line basis through its two segments: Power Transmission and Fluid Power. Its Power Transmission segment includes elastomer drive belts and related components used to transfer motion in a range of applications. Its Fluid Power segment includes hoses, tubing and fittings designed to convey hydraulic fluid at high pressures in both mobile and stationary applications, and other high-pressure and fluid transfer hoses used to convey various fluids. The company offers a portfolio of products to diverse replacement channel customers, and to original equipment (first-fit) manufacturers as specified components. The company sells its products under its Gates brand name. Its products are used in applications across various end markets including construction, agriculture, energy, automotive, transportation, diversified industrial, and personal mobility.

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