# Gates Industrial Corporation Ltd. (GTES) fundamentals

Data as of 2026-09-08. NYSE, United States. Sector: Industrials / Machinery. Price $25.95, market value $6.6 billion.

## Valuation
- **P/E (trailing): 18.4×** (5-yr avg 19.4×, 3-yr avg 22.1×). Gates Industrial Corporation Ltd. trades at 18.4× trailing earnings, close to its own five-year average of 19.4×. The Industrials median in the September 2026 study was 25.7×. Forward P/E is 13.4×, lower than trailing, so analysts expect earnings to grow.
- **PEG: 0.45**. A PEG of 0.45 means the P/E is low relative to expected earnings growth: the market is not paying much for that growth.
- **Price / sales: 1.9×**. Each dollar of revenue is priced at 1.9×.
- **Price / book: 1.9×**. The shares trade at 1.9× book value; book value is a meaningful part of the valuation.
- **EV / EBITDA: 11.6×**. Enterprise value is 11.6× operating earnings before depreciation, the multiple that ignores how the company is financed.
- **Free-cash-flow yield: 6.2%** (5-yr avg 7.2%). Free cash flow equals 6.2% of the market value, in line with its five-year average of 7.2%. Above 5% is generally attractive.
- **Earnings yield: 5.4%**. The inverse of the P/E: 5.4% of the price is earned each year.

## Profitability
- **Gross margin: 39.7%**. Gates Industrial Corporation Ltd. keeps 39.7% of revenue after the direct cost of what it sells.
- **Operating margin: 13.3%**. 13.3% of revenue is left after running the business.
- **Net margin: 7.3%**. 7.3% of each dollar of sales reaches the bottom line.
- **Return on equity: 7.5%**. 7.5% on shareholders' equity is weak; the business earns little on the capital its owners have in it.
- **Return on invested capital: 7.7%**. Return on all capital, debt included, is 7.7%.
- **Return on assets: 5.1%**. Each dollar of assets produces 5.1% of profit.

## Growth
- **Revenue growth (1 yr): 1.0%** (3-yr -1.1%/yr, 5-yr 4.3%/yr). Revenue grew 1.0% over the last year, against 4.3% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): 29.7%** (3-yr 7.6%/yr, 5-yr 28.9%/yr). Earnings per share rose 29.7%, faster than revenue, so margins expanded or the share count shrank.
- **Free-cash-flow growth (3 yr): 29.1%/yr**. Free cash flow has compounded at 29.1% a year over three years, keeping pace with earnings: the growth is real cash.

## Financial health
- **Debt to equity: 0.67**. Debt is 0.67 times equity, moderate leverage.
- **Net debt / EBITDA: 2.1×**. It would take 2.1 years of operating earnings to repay net borrowings, within the comfortable range.
- **Altman Z-score: 2.49**. A Z-score of 2.49 is in the grey zone; not distressed, not clearly safe.
- **Piotroski F-score: 6/9**. 6 of 9 checks pass: mixed.

## Dividends
- **Dividend: none**. Gates Industrial Corporation Ltd. does not currently pay a dividend.

## Analyst view
- **Analyst consensus: buy** (11 analysts). 11 analysts cover Gates Industrial Corporation Ltd.; the consensus is buy, with an average price target of $33.45 (+29% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): 0.1%** (YTD 20.9%, 3-mo 1.2%). The shares are up 0.1% over twelve months including dividends.
- **From 52-week high: -14.5%** (24.3% above the low). Trading 14% below its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 46**. An RSI of 46 is neutral.
- **Beta (1 yr): 1.66** (volatility 41%). Beta of 1.66 against the S&P 500: the shares move much more than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=GTES · Page: https://foliofundamentals.com/stocks/gtes

Not investment advice.