GTES Stock Analysis
GT
Neutral
Based on Eyestock quantitative analysis, GTES`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.
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.
Overvalued
Market cap $B
4.914
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.