Gates Industrial Corp. Plc (GTES) Stock Analysis | Price, Returns, Financials & Key Metrics

Price Point

High/Low

1Day

52 Week

Valuation

Technical

Day's Volume

CASH

608.09 k

Shareholding (Mar 2025)

FII

12.20%

Held by 136 FIIs

DII

19.84%

Held by 93 DIIs

Promoter

8.35%

How big is Gates Industrial Corp. Plc?

22-Jun-2025

As of Jun 18, Gates Industrial Corp. Plc has a market capitalization of 5,598.79 million, with net sales of 3,393.20 million and a net profit of 242.90 million over the latest four quarters.

What does Gates Industrial Corp. Plc do?

22-Jun-2025

Gates Industrial Corporation plc manufactures power transmission and fluid power solutions, with net sales of $848 million and a market cap of approximately $5.6 billion. Key financial metrics include a P/E ratio of 23.00 and a return on equity of 7.96%.

Who are in the management team of Gates Industrial Corp. Plc?

22-Jun-2025

As of March 2022, the management team of Gates Industrial Corp. Plc includes Chairman Neil Simpkins, CEO Ivo Jurek, and Directors Julia Kahr, James Ireland, Terry Klebe, Stephanie Mains, and Wilson Neely, who oversee the company's strategic direction and operations.

Is Gates Industrial Corp. Plc technically bullish or bearish?

28-Oct-2025

As of October 24, 2025, Gates Industrial Corp. Plc has a bullish technical trend, supported by positive moving averages and Bollinger Bands, despite some caution from weekly MACD and KST indicators, and it has outperformed the S&P 500 with a year-to-date return of 27.03% compared to 15.47%.

Is Gates Industrial Corp. Plc overvalued or undervalued?

02-Dec-2025

As of November 28, 2025, Gates Industrial Corp. Plc is considered overvalued with a P/E ratio of 23 and an EV/EBITDA ratio of 10.13, showing weaker performance compared to peers and the S&P 500, despite a year-to-date return of 9.33%.

Score

Click here to find our call on this stock

Strong Sell

Sell

Hold

Buy

Strong Buy

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Dashboard

Poor long term growth as Operating profit has grown by an annual rate 15.96% of over the last 5 years

Flat results in Jun 25

With ROCE of 10.55%, it has a very expensive valuation with a 1.52 Enterprise value to Capital Employed

Underperformed the market in the last 1 year

Mojo Parameters

Stock DNA

Industry

Industrial Manufacturing

Market cap

USD 6,581 Million (Small Cap)

P/E

23.00

Industry P/E

Dividend Yield

0.00%

Debt Equity

0.50

Return on Equity

7.29%

Price to Book

2.01

Revenue and Profits:

Net Sales:

884 Million

(Quarterly Results - Jun 2025)

Net Profit:

63 Million

Total Returns

Total Returns (Price + Dividend)

TimePeriod

Price Return

Dividend Return

Total Return

3 Months

-14.92%

6 Months

2.99%

1 Year

-1.65%

2 Years

75.78%

3 Years

90.34%

4 Years

35.17%

5 Years

68.4%

Gates Industrial Corp. Plc for the last several years.

Risk Adjusted Returns v/s

News & Corporate Actions

News

Is Gates Industrial Corp. Plc overvalued or undervalued?

As of 28 November 2025, the valuation grade for Gates Industrial Corp. Plc has moved from fair to expensive, indicating a shift towards overvaluation. The company appears overvalued based on its P/E ratio of 23, which is significantly lower than the peer average of 27.60, and its EV to EBITDA ratio of 10.13, which is also below the industry benchmark. Additionally, the Price to Book Value stands at 1.81, suggesting that the stock may not be justified at its current price level. In comparison to its peers, Zurn Elkay Water Solutions Corp. has a much higher P/E ratio of 43.78, while Watts Water Technologies, Inc. presents a more attractive valuation with a P/E of 28.42. Furthermore, Gates Industrial's recent stock performance shows a year-to-date return of 10.65%, which lags behind the S&P 500's 16.45%, reinforcing the notion of overvaluation. Overall, the combination of these valuation metrics and peer comp...

Is Gates Industrial Corp. Plc overvalued or undervalued?

As of 28 November 2025, the valuation grade for Gates Industrial Corp. Plc moved from fair to expensive, indicating a shift towards overvaluation. The company appears overvalued based on its current metrics, with a P/E ratio of 23, a Price to Book Value of 1.81, and an EV to EBITDA ratio of 10.13. In comparison to peers, Gates has a higher P/E ratio than Zurn Elkay Water Solutions Corp. at 43.78 and Watts Water Technologies, Inc. at 28.42, which suggests that it may not be justified in its current valuation. Furthermore, the company's recent stock performance shows a 1-week return of 4.36% compared to the S&P 500's 3.73%, but it underperformed over the longer term, with a 1-year return of 2.89% against the S&P 500's 14.18%. This trend reinforces the notion that Gates Industrial Corp. Plc is currently overvalued in the market....

Gates Industrial Corp. Hits Day Low of $22.10 Amid Price Pressure

Gates Industrial Corp. Plc faced a notable decline in stock value on October 29, 2025, reaching an intraday low. Despite a year-to-date increase and a strong annual return, the company has seen a decline in profits and mixed performance metrics, indicating challenges in growth and valuation.

No announcement available

Corporate Actions

No corporate action available

Key Factors

Quality key factors

Factor

Value

Sales Growth (5y)

4.21%

EBIT Growth (5y)

15.96%

EBIT to Interest (avg)

2.85

Debt to EBITDA (avg)

3.00

Net Debt to Equity (avg)

0.55

Sales to Capital Employed (avg)

0.63

Tax Ratio

28.79%

Dividend Payout Ratio

Pledged Shares

Institutional Holding

100.00%

ROCE (avg)

8.87%

ROE (avg)

8.13%

Valuation key factors

Factor

Value

P/E Ratio

Industry P/E

Price to Book Value

1.81

EV to EBIT

14.41

EV to EBITDA

10.13

EV to Capital Employed

1.52

EV to Sales

2.15

PEG Ratio

Dividend Yield

ROCE (Latest)

10.55%

ROE (Latest)

7.96%

Technicals key factors

Indicator

Weekly

Monthly

MACD

Mildly Bearish

Bullish

RSI

No Signal

Bollinger Bands

Mildly Bearish

Bullish

Moving Averages

Mildly Bullish (Daily)

KST

Mildly Bearish

Dow Theory

Mildly Bearish

OBV

Mildly Bearish

No Trend

Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned

Shareholding

Shareholding Snapshot : Mar 2025

Shareholding Compare (%holding)

Majority shareholders

Domestic Funds

Held in 89 Schemes (59.55%)

Foreign Institutions

Held by 136 Foreign Institutions (12.2%)

Strategic Entities with highest holding

Highest Public shareholder

Financial

[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Consolidated) - Jun'25 - YoY",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in quarter ended Jun 2025 is -0.20% vs -5.43% in Jun 2024",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in quarter ended Jun 2025 is -18.61% vs 9.26% in Jun 2024",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Jun'25",
        "Jun'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "883.70",
          "val2": "885.50",
          "chgp": "-0.20%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "186.90",
          "val2": "195.80",
          "chgp": "-4.55%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "34.50",
          "val2": "50.20",
          "chgp": "-31.27%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "-12.10",
          "val2": "-4.00",
          "chgp": "-202.50%",
          "chgp_class": "negative"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "63.40",
          "val2": "77.90",
          "chgp": "-18.61%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "151.20%",
          "val2": "159.60%",
          "chgp": "-0.84%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Consolidated) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Dec 2024 is -4.54% vs 0.45% in Dec 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in year ended Dec 2024 is -14.20% vs 5.80% in Dec 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "3,408.20",
          "val2": "3,570.20",
          "chgp": "-4.54%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "726.60",
          "val2": "708.70",
          "chgp": "2.53%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "170.40",
          "val2": "173.50",
          "chgp": "-1.79%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "-16.40",
          "val2": "-18.30",
          "chgp": "10.38%",
          "chgp_class": "positive"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "220.50",
          "val2": "257.00",
          "chgp": "-14.20%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "149.60%",
          "val2": "137.60%",
          "chgp": "1.20%",
          "chgp_class": "positive"
        }
      ]
    }
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]

Quarterly Results Snapshot (Consolidated) - Jun'25 - YoY

Jun'25

Jun'24

Change(%)

Net Sales

883.70

885.50

-0.20%

Operating Profit (PBDIT) excl Other Income

186.90

195.80

-4.55%

Interest

34.50

50.20

-31.27%

Exceptional Items

-12.10

-4.00

-202.50%

Consolidate Net Profit

63.40

77.90

-18.61%

Operating Profit Margin (Excl OI)

151.20%

159.60%

-0.84%

USD in Million.

Compare with Peers

Net Sales

YoY Growth in quarter ended Jun 2025 is -0.20% vs -5.43% in Jun 2024

Consolidated Net Profit

YoY Growth in quarter ended Jun 2025 is -18.61% vs 9.26% in Jun 2024

All Quarterly Results

Annual Results Snapshot (Consolidated) - Dec'24

Dec'24

Dec'23

Change(%)

Net Sales

3,408.20

3,570.20

-4.54%

Operating Profit (PBDIT) excl Other Income

726.60

708.70

2.53%

Interest

170.40

173.50

-1.79%

Exceptional Items

-16.40

-18.30

10.38%

Consolidate Net Profit

220.50

257.00

-14.20%

Operating Profit Margin (Excl OI)

149.60%

137.60%

1.20%

USD in Million.

Compare with Peers

Net Sales

YoY Growth in year ended Dec 2024 is -4.54% vs 0.45% in Dec 2023

Consolidated Net Profit

YoY Growth in year ended Dec 2024 is -14.20% vs 5.80% in Dec 2023

All Annual Results

Company CV

About Gates Industrial Corp. Plc

Gates Industrial Corp. Plc

Industrial Manufacturing

Gates Industrial Corporation plc is a manufacturer of power transmission and fluid power solutions. The Company operates its business on a product-line basis through its two reporting segments, such as power transmission and fluid power. Its power transmission segment includes elastomer drive belts and related components used transfer motion in a broad 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 sells its products under its Gates brand name. Its products are used in applications across various end markets including construction, agriculture, energy, automotive, transportation, general industrial, and consumer products.

Company Coordinates

Company Details

1551 Wewatta St , DENVER CO : 80202-6173

Tel: 1 303 74448761 303 7444887

https://investors.gates.com/overview/default.aspx

Registrar Details

Gates Industrial Corp. Plc

1Day

52 Week

CASH

FII

DII

Promoter

How big is Gates Industrial Corp. Plc?

Watch in Real-Time

What does Gates Industrial Corp. Plc do?

Who are in the management team of Gates Industrial Corp. Plc?

Is Gates Industrial Corp. Plc technically bullish or bearish?

Is Gates Industrial Corp. Plc overvalued or undervalued?

MarketsMojo — Loved in India, Now Global

Dashboard

Poor long term growth as Operating profit has grown by an annual rate 15.96% of over the last 5 years

Flat results in Jun 25

With ROCE of 10.55%, it has a very expensive valuation with a 1.52 Enterprise value to Capital Employed

Underperformed the market in the last 1 year

Mojo Parameters

Stock DNA

Total Returns (Price + Dividend)

Risk Adjusted Returns v/s

News

Is Gates Industrial Corp. Plc overvalued or undervalued?

Is Gates Industrial Corp. Plc overvalued or undervalued?

Gates Industrial Corp. Hits Day Low of $22.10 Amid Price Pressure

Announcements

Corporate Actions

Quality key factors

Valuation key factors

Technicals key factors

Shareholding Snapshot : Mar 2025

Shareholding Compare (%holding)

Quarterly Results Snapshot (Consolidated) - Jun'25 - YoY

Annual Results Snapshot (Consolidated) - Dec'24

About Gates Industrial Corp. Plc

Company Coordinates