Gates Industrial Corporat... (GTES)
Gates Industrial Statistics
Share Statistics
Gates Industrial has 255.41M shares outstanding. The number of shares has increased by -2.28% in one year.
| Shares Outstanding | 255.41M |
| Shares Change (YoY) | -2.28% |
| Shares Change (QoQ) | 0.27% |
| Owned by Institutions (%) | 99.99% |
| Shares Floating | 251.22M |
| Failed to Deliver (FTD) Shares | 28 |
| FTD / Avg. Volume | < 0.01% |
Short Selling Information
The latest short interest is 7.64M, so 3% of the outstanding shares have been sold short.
| Short Interest | 7.64M |
| Short % of Shares Out | 3% |
| Short % of Float | 3.14% |
| Short Ratio (days to cover) | 3.33 |
Valuation Ratios
The PE ratio is 27.56 and the forward PE ratio is 13.4. Gates Industrial's PEG ratio is -2.15.
| PE Ratio | 27.56 |
| Forward PE | 13.4 |
| PS Ratio | 1.58 |
| Forward PS | 1.3 |
| PB Ratio | 1.78 |
| P/FCF Ratio | 18.12 |
| PEG Ratio | -2.15 |
Enterprise Valuation
Gates Industrial has an Enterprise Value (EV) of 4.86B.
| EV / Sales | 1.42 |
| EV / EBITDA | 10.14 |
| EV / EBIT | 12.79 |
| EV / FCF | 16.38 |
Financial Position
The company has a current ratio of 3.2, with a Debt / Equity ratio of 0.06.
| Current Ratio | 3.2 |
| Quick Ratio | 2.26 |
| Debt / Equity | 0.06 |
| Debt / EBITDA | 0.35 |
| Debt / FCF | 0.56 |
| Interest Coverage | 3.07 |
Financial Efficiency
Return on Equity is 6.45% and Return on Invested Capital is 5.27%.
| Return on Equity | 6.45% |
| Return on Assets | 2.87% |
| Return on Invested Capital | 5.27% |
| Revenue Per Employee | $241.72K |
| Profits Per Employee | $13.82K |
| Employee Count | 14,100 |
| Asset Turnover | 0.5 |
| Inventory Turnover | 3.03 |
Taxes
| Income Tax | 107.5M |
| Effective Tax Rate | 32.77% |
Stock Price Statistics
The stock price has increased by 9.49% in the last 52 weeks. The beta is 1.33, so Gates Industrial's price volatility has been higher than the market average.
| Beta | 1.33 |
| 52-Week Price Change | 9.49% |
| 50-Day Moving Average | 20.6 |
| 200-Day Moving Average | 19.08 |
| Relative Strength Index (RSI) | 45.24 |
| Average Volume (20 Days) | 2.7M |
Income Statement
In the last 12 months, Gates Industrial had revenue of 3.41B and earned 194.9M in profits. Earnings per share was 0.75.
| Revenue | 3.41B |
| Gross Profit | 1.36B |
| Operating Income | 478.7M |
| Net Income | 194.9M |
| EBITDA | 478.7M |
| EBIT | 483.8M |
| Earnings Per Share (EPS) | 0.75 |
Balance Sheet
The company has 682M in cash and 166.4M in debt, giving a net cash position of 515.6M.
| Cash & Cash Equivalents | 682M |
| Total Debt | 166.4M |
| Net Cash | 515.6M |
| Retained Earnings | 1.48B |
| Total Assets | 6.79B |
| Working Capital | 1.58B |
Cash Flow
In the last 12 months, operating cash flow was 379.6M and capital expenditures -83.1M, giving a free cash flow of 296.5M.
| Operating Cash Flow | 379.6M |
| Capital Expenditures | -83.1M |
| Free Cash Flow | 296.5M |
| FCF Per Share | 1.14 |
Margins
Gross margin is 39.86%, with operating and profit margins of 14.05% and 5.72%.
| Gross Margin | 39.86% |
| Operating Margin | 14.05% |
| Pretax Margin | 9.62% |
| Profit Margin | 5.72% |
| EBITDA Margin | 14.05% |
| EBIT Margin | 14.05% |
| FCF Margin | 8.7% |
Dividends & Yields
GTES does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Payout Ratio | n/a |
| Earnings Yield | 3.63% |
| FCF Yield | 5.52% |
Analyst Forecast
The average price target for GTES is $24, which is 24.5% higher than the current price. The consensus rating is "Buy".
| Price Target | $24 |
| Price Target Difference | 24.5% |
| Analyst Consensus | Buy |
| Analyst Count | 9 |
Scores
| Altman Z-Score | 2.14 |
| Piotroski F-Score | 8 |