Gates Price to Sales Ratio vs Operating Income Analysis

GTES Stock

USD 17.18 0.09 0.52%

Gates Industrial financial indicator trend analysis is much more than just examining Gates Industrial latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gates Industrial is a good investment. Please check the relationship between Gates Industrial Price To Sales Ratio and its Operating Income accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gates Industrial. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.

For more information on how to buy Gates Stock please use our How to Invest in Gates Industrial guide.

Price To Sales Ratio vs Operating Income

Price to Sales Ratio vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gates Industrial Price to Sales Ratio account and Operating Income. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Gates Industrial's Price to Sales Ratio and Operating Income is -0.45. Overlapping area represents the amount of variation of Price to Sales Ratio that can explain the historical movement of Operating Income in the same time period over historical financial statements of Gates Industrial, assuming nothing else is changed. The correlation between historical values of Gates Industrial's Price to Sales Ratio and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Price to Sales Ratio of Gates Industrial are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Price to Sales Ratio i.e., Gates Industrial's Price to Sales Ratio and Operating Income go up and down completely randomly.

Correlation Coefficient

-0.45

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Gates Industrial stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Gates Industrial sales, a figure that is much harder to manipulate than other Gates Industrial multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company’s stock price to its revenues, calculated by dividing the company’s market cap by its total sales or revenue over a 12-month period.

Operating Income

Operating Income is the amount of profit realized from Gates Industrial operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Gates Industrial is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Most indicators from Gates Industrial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Gates Industrial current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gates Industrial. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.

For more information on how to buy Gates Stock please use our How to Invest in Gates Industrial guide.At this time, Gates Industrial's Tax Provision is comparatively stable compared to the past year. Selling General Administrative is likely to gain to about 890.5 M in 2024, whereas Discontinued Operations is likely to drop (483 K) in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	133.5M	139.4M	163.2M	135.9M
Depreciation And Amortization	233.4M	243.1M	217.5M	195.4M

Interest Expense Depreciation And Amortization

Gates Industrial fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Good Will	Short Term Investments	Long Term Debt Total	Non Current Liabilities Total	Capital Surpluse	Inventory
Common Stock Shares Outstanding		-0.57	0.55	-0.17	-0.52	-0.42	0.52	-0.55	-0.43	0.1	0.54	-0.41	-0.53	-0.58	-0.25	0.36	-0.35	0.53	-0.58	-0.65	-0.6	-0.25	0.51	0.55	-0.45	-0.41
Total Assets	-0.57		-0.88	0.53	0.87	0.88	-0.81	0.92	0.93	-0.18	-0.88	0.88	0.83	0.8	0.62	-0.86	0.88	-0.89	0.79	0.78	0.75	0.74	-0.87	-0.87	0.81	0.78
Short Long Term Debt Total	0.55	-0.88		-0.29	-0.89	-0.96	0.94	-0.99	-0.86	0.08	0.99	-0.94	-0.91	-0.78	-0.28	0.84	-0.87	1.0	-0.78	-0.91	-0.52	-0.88	0.99	1.0	-0.96	-0.91
Other Current Liab	-0.17	0.53	-0.29		0.44	0.43	-0.42	0.43	0.31	-0.66	-0.35	0.53	0.33	0.54	0.31	-0.61	0.62	-0.32	0.54	0.27	0.17	0.16	-0.33	-0.33	0.25	0.35
Total Current Liabilities	-0.52	0.87	-0.89	0.44		0.89	-0.91	0.91	0.76	-0.3	-0.91	0.9	0.98	0.86	0.23	-0.74	0.83	-0.89	0.86	0.87	0.56	0.76	-0.88	-0.9	0.84	0.93
Total Stockholder Equity	-0.42	0.88	-0.96	0.43	0.89		-0.95	0.98	0.88	-0.1	-0.98	0.99	0.91	0.82	0.27	-0.91	0.95	-0.97	0.82	0.87	0.44	0.93	-0.97	-0.97	0.97	0.91
Other Liab	0.52	-0.81	0.94	-0.42	-0.91	-0.95		-0.96	-0.75	0.16	0.96	-0.95	-0.93	-0.87	-0.07	0.79	-0.86	0.94	-0.87	-0.95	-0.39	-0.81	0.95	0.96	-0.94	-0.94
Net Tangible Assets	-0.55	0.92	-0.99	0.43	0.91	0.98	-0.96		0.87	-0.14	-0.99	0.97	0.92	0.84	0.31	-0.89	0.92	-0.99	0.84	0.91	0.53	0.86	-0.99	-0.99	0.95	0.91
Property Plant And Equipment Net	-0.43	0.93	-0.86	0.31	0.76	0.88	-0.75	0.87		0.12	-0.85	0.84	0.77	0.67	0.62	-0.83	0.84	-0.87	0.67	0.74	0.69	0.87	-0.84	-0.84	0.84	0.71
Current Deferred Revenue	0.1	-0.18	0.08	-0.66	-0.3	-0.1	0.16	-0.14	0.12		0.09	-0.19	-0.18	-0.14	-0.03	0.15	-0.22	0.09	-0.14	-0.1	-0.1	0.17	0.1	0.11	0.04	-0.25
Net Debt	0.54	-0.88	0.99	-0.35	-0.91	-0.98	0.96	-0.99	-0.85	0.09		-0.96	-0.93	-0.85	-0.23	0.87	-0.9	0.99	-0.85	-0.92	-0.48	-0.89	0.99	0.99	-0.97	-0.91
Retained Earnings	-0.41	0.88	-0.94	0.53	0.9	0.99	-0.95	0.97	0.84	-0.19	-0.96		0.9	0.85	0.24	-0.92	0.97	-0.95	0.85	0.85	0.39	0.89	-0.96	-0.95	0.94	0.9
Accounts Payable	-0.53	0.83	-0.91	0.33	0.98	0.91	-0.93	0.92	0.77	-0.18	-0.93	0.9		0.86	0.14	-0.71	0.81	-0.9	0.86	0.92	0.49	0.83	-0.9	-0.92	0.88	0.93
Cash	-0.58	0.8	-0.78	0.54	0.86	0.82	-0.87	0.84	0.67	-0.14	-0.85	0.85	0.86		0.12	-0.78	0.82	-0.78	1.0	0.82	0.39	0.66	-0.79	-0.81	0.79	0.74
Non Current Assets Total	-0.25	0.62	-0.28	0.31	0.23	0.27	-0.07	0.31	0.62	-0.03	-0.23	0.24	0.14	0.12		-0.44	0.38	-0.3	0.12	0.08	0.77	0.22	-0.25	-0.24	0.18	0.09
Non Currrent Assets Other	0.36	-0.86	0.84	-0.61	-0.74	-0.91	0.79	-0.89	-0.83	0.15	0.87	-0.92	-0.71	-0.78	-0.44		-0.98	0.86	-0.78	-0.66	-0.38	-0.8	0.86	0.84	-0.84	-0.71
Other Assets	-0.35	0.88	-0.87	0.62	0.83	0.95	-0.86	0.92	0.84	-0.22	-0.9	0.97	0.81	0.82	0.38	-0.98		-0.89	0.82	0.73	0.41	0.84	-0.9	-0.87	0.88	0.79
Long Term Debt	0.53	-0.89	1.0	-0.32	-0.89	-0.97	0.94	-0.99	-0.87	0.09	0.99	-0.95	-0.9	-0.78	-0.3	0.86	-0.89		-0.78	-0.9	-0.52	-0.89	1.0	1.0	-0.97	-0.91
Cash And Short Term Investments	-0.58	0.79	-0.78	0.54	0.86	0.82	-0.87	0.84	0.67	-0.14	-0.85	0.85	0.86	1.0	0.12	-0.78	0.82	-0.78		0.82	0.39	0.66	-0.79	-0.8	0.79	0.74
Net Receivables	-0.65	0.78	-0.91	0.27	0.87	0.87	-0.95	0.91	0.74	-0.1	-0.92	0.85	0.92	0.82	0.08	-0.66	0.73	-0.9	0.82		0.49	0.76	-0.9	-0.93	0.88	0.86
Good Will	-0.6	0.75	-0.52	0.17	0.56	0.44	-0.39	0.53	0.69	-0.1	-0.48	0.39	0.49	0.39	0.77	-0.38	0.41	-0.52	0.39	0.49		0.32	-0.48	-0.51	0.42	0.41
Short Term Investments	-0.25	0.74	-0.88	0.16	0.76	0.93	-0.81	0.86	0.87	0.17	-0.89	0.89	0.83	0.66	0.22	-0.8	0.84	-0.89	0.66	0.76	0.32		-0.88	-0.87	0.92	0.79
Long Term Debt Total	0.51	-0.87	0.99	-0.33	-0.88	-0.97	0.95	-0.99	-0.84	0.1	0.99	-0.96	-0.9	-0.79	-0.25	0.86	-0.9	1.0	-0.79	-0.9	-0.48	-0.88		1.0	-0.98	-0.91
Non Current Liabilities Total	0.55	-0.87	1.0	-0.33	-0.9	-0.97	0.96	-0.99	-0.84	0.11	0.99	-0.95	-0.92	-0.81	-0.24	0.84	-0.87	1.0	-0.8	-0.93	-0.51	-0.87	1.0		-0.97	-0.93
Capital Surpluse	-0.45	0.81	-0.96	0.25	0.84	0.97	-0.94	0.95	0.84	0.04	-0.97	0.94	0.88	0.79	0.18	-0.84	0.88	-0.97	0.79	0.88	0.42	0.92	-0.98	-0.97		0.88
Inventory	-0.41	0.78	-0.91	0.35	0.93	0.91	-0.94	0.91	0.71	-0.25	-0.91	0.9	0.93	0.74	0.09	-0.71	0.79	-0.91	0.74	0.86	0.41	0.79	-0.91	-0.93	0.88

Click cells to compare fundamentals

Gates Industrial Account Relationship Matchups

Gates Industrial fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	291.6M	292.1M	297.3M	287.6M	275.6M	232.2M
Total Assets	7.4B	7.4B	7.5B	7.2B	7.3B	7.7B
Short Long Term Debt Total	3.1B	2.8B	2.7B	2.6B	2.6B	2.5B
Other Current Liab	237.3M	266.2M	311.2M	325.8M	248.5M	173.7M
Total Current Liabilities	658.1M	726.3M	855.9M	752.3M	779.3M	769.2M
Total Stockholder Equity	2.7B	2.8B	3.1B	3.1B	3.2B	2.4B
Other Liab	682M	735.4M	552.8M	425.3M	382.8M	590.5M
Net Tangible Assets	(1.3B)	(1.1B)	(605.5M)	(361.5M)	(415.7M)	(436.5M)
Property Plant And Equipment Net	850.9M	825.9M	794.5M	769.7M	750.1M	818.1M
Net Debt	2.4B	2.3B	2.0B	2.0B	1.8B	2.1B
Retained Earnings	1.1B	1.2B	1.4B	1.5B	1.5B	860.3M
Accounts Payable	374.7M	417.4M	506.6M	469.6M	457.7M	443.6M
Cash	635.3M	521.4M	658.2M	578.4M	720.6M	606.8M
Non Current Assets Total	5.5B	5.5B	5.3B	4.9B	4.9B	5.6B
Non Currrent Assets Other	17.1M	16.6M	24.1M	40M	28.8M	51.3M
Other Assets	665.3M	785M	754.6M	640.3M	736.3M	449.0M
Long Term Debt	2.9B	2.7B	2.5B	2.4B	2.4B	2.4B
Cash And Short Term Investments	635.3M	521.4M	658.2M	578.4M	720.6M	607.5M
Net Receivables	716.8M	723.6M	727.2M	821.6M	798.6M	798.9M
Good Will	2.1B	2.1B	2.1B	2.0B	2.0B	2.2B
Long Term Debt Total	2.9B	2.7B	2.5B	2.4B	2.2B	2.5B
Liabilities And Stockholders Equity	7.4B	7.4B	7.5B	7.2B	7.3B	7.7B
Non Current Liabilities Total	3.7B	3.5B	3.2B	3.0B	2.9B	3.1B
Capital Surpluse	2.4B	2.5B	2.5B	2.5B	2.9B	2.4B
Inventory	475.1M	508.2M	682.6M	656.2M	647.2M	580.1M
Other Stockholder Equity	2.4B	2.5B	2.5B	2.5B	2.6B	2.4B
Total Liab	4.4B	4.2B	4.1B	3.7B	3.7B	3.6B
Long Term Investments	23M	26.5M	15.7M	15.1M	17.4M	12.4M
Property Plant And Equipment Gross	850.9M	825.9M	794.5M	769.7M	1.5B	910.6M
Short Long Term Debt	46.1M	42.7M	38.1M	36.6M	36.5M	40.3M
Total Current Assets	2.0B	1.9B	2.3B	2.3B	2.4B	2.1B
Accumulated Other Comprehensive Income	(858.4M)	(805.4M)	(825.2M)	(917.8M)	(828.5M)	(869.9M)
Short Term Debt	46.1M	42.7M	38.1M	36.6M	36.5M	40.3M
Intangible Assets	1.9B	1.8B	1.6B	1.5B	1.4B	1.5B
Property Plant Equipment	850.9M	825.9M	794.5M	769.7M	885.2M	817.3M
Non Current Liabilities Other	84.7M	488.6M	59.2M	377.3M	123.1M	178.8M

Gates Industrial Investors Sentiment

The influence of Gates Industrial's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Gates. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.

Investor biases related to Gates Industrial's public news can be used to forecast risks associated with an investment in Gates. The trend in average sentiment can be used to explain how an investor holding Gates can time the market purely based on public headlines and social activities around Gates Industrial. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.

Gates Industrial's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Gates Industrial's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Gates Industrial's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Gates Industrial.

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Gates Industrial in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Gates Industrial's short interest history, or implied volatility extrapolated from Gates Industrial options trading.

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When determining whether Gates Industrial is a strong investment it is important to analyze Gates Industrial's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Gates Industrial's future performance. For an informed investment choice regarding Gates Stock, refer to the following important reports:

How To Invest In Gates

Details

Is Gates Stock a good investment?

Details

What is Gates Industrial's Net Worth?

Details

Largest Industrial Machinery & Supplies & Components Companies

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Largest Specialty Industrial Machinery Companies

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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gates Industrial. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.

For more information on how to buy Gates Stock please use our How to Invest in Gates Industrial guide.

Note that the Gates Industrial information on this page should be used as a complementary analysis to other Gates Industrial's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.

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When running Gates Industrial's price analysis, check to measure Gates Industrial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Gates Industrial is operating at the current time. Most of Gates Industrial's value examination focuses on studying past and present price action to predict the probability of Gates Industrial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gates Industrial's price. Additionally, you may evaluate how the addition of Gates Industrial to your portfolios can decrease your overall portfolio volatility.

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Is Gates Industrial's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Gates Industrial. If investors know Gates will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Gates Industrial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.23)

Earnings Share

0.84

Revenue Per Share

13.132

Quarterly Revenue Growth

(0.03)

Return On Assets

0.0416

The market value of Gates Industrial is measured differently than its book value, which is the value of Gates that is recorded on the company's balance sheet. Investors also form their own opinion of Gates Industrial's value that differs from its market value or its book value, called intrinsic value, which is Gates Industrial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Gates Industrial's market value can be influenced by many factors that don't directly affect Gates Industrial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Gates Industrial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gates Industrial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gates Industrial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Gates Price to Sales Ratio vs Operating Income Analysis

Price To Sales Ratio vs Operating Income

Price to Sales Ratio vs Operating Income Correlation Analysis

Correlation Coefficient

Price To Sales Ratio

Operating Income

Gates Industrial fundamental ratios Correlations

Gates Industrial Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Gates Industrial fundamental ratios Accounts

Gates Industrial Investors Sentiment

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Complementary Tools for Gates Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Long Term Debt	+ 1.0	Short Long Term Debt Total
Non Current Liabilities Total	+ 1.0	Short Long Term Debt Total
Cash And Short Term Investments	+ 1.0	Cash
Long Term Debt Total	+ 1.0	Long Term Debt
Non Current Liabilities Total	+ 1.0	Long Term Debt
Non Current Liabilities Total	+ 1.0	Long Term Debt Total

Non Current Liabilities Total	- 0.99	Net Tangible Assets
Long Term Debt Total	- 0.99	Net Tangible Assets
Long Term Debt	- 0.99	Net Tangible Assets
Net Debt	- 0.99	Net Tangible Assets
Net Tangible Assets	- 0.99	Short Long Term Debt Total
Capital Surpluse	- 0.98	Long Term Debt Total