Gates Industrial Stock Performance
| GTES Stock | USD 17.77 0.12 0.68% |
On a scale of 0 to 100, Gates Industrial holds a performance score of 22. The company retains a Market Volatility (i.e., Beta) of 1.32, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Gates Industrial will likely underperform. Please check Gates Industrial's skewness, and the relationship between the value at risk and day median price , to make a quick decision on whether Gates Industrial's current trending patterns will revert.
Risk-Adjusted Performance
22 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Gates Industrial are ranked lower than 22 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively inconsistent technical and fundamental indicators, Gates Industrial unveiled solid returns over the last few months and may actually be approaching a breakup point. ...more
Actual Historical Performance (%)
One Day Return 0.51 | Five Day Return 3.26 | Year To Date Return 32.78 | Ten Year Return (4.11) | All Time Return (4.11) |
1 | Exercise or conversion by David Wisniewski of 4905 shares of Gates Industrial subject to Rule 16b-3 | 02/06/2024 |
2 | GATES NAMED TO NEWSWEEKS AMERICAS GREATEST WORKPLACES 2024 FOR DIVERSITY | 02/13/2024 |
3 | Disposition of 10568044 shares by Blackstone Inc. of Gates Industrial at 12.045 subject to Rule 16b-3 | 02/21/2024 |
4 | Disposition of 54574 shares by Ivo Jurek of Gates Industrial subject to Rule 16b-3 | 02/23/2024 |
5 | Disposition of 27567 shares by Ivo Jurek of Gates Industrial subject to Rule 16b-3 | 02/26/2024 |
6 | Jefferies Starts Gates Industrial Corp. at Buy | 02/29/2024 |
7 | Disposition of 63393 shares by Ivo Jurek of Gates Industrial subject to Rule 16b-3 | 03/01/2024 |
8 | Reminder Gates Industrial to Host Capital Markets Day on March 11, 2024 | 03/11/2024 |
9 | Disposition of 725544 shares by Bx Gates Ml-1 Holdco Llc of Gates Industrial at 17.5 subject to Rule 16b-3 | 03/13/2024 |
10 | Disposition of 725544 shares by Omaha Aggregator L.p. of Gates Industrial at 19.16 subject to Rule 16b-3 | 03/18/2024 |
11 | Market Participants Recognise Gates Industrial Corporation plcs Earnings | 03/28/2024 |
12 | Gates Industrial Reaches New 1-Year High at 17.82 - MarketBeat | 04/01/2024 |
13 | Gates Industrial Announces First-Quarter 2024 Earnings Release Date | 04/10/2024 |
14 | Gates Industrial Corporation plcs Intrinsic Value Is Potentially 95 percent Above Its Share Price | 04/16/2024 |
| Begin Period Cash Flow | 581.4 M |
Gates |
Gates Industrial Relative Risk vs. Return Landscape
If you would invest 1,300 in Gates Industrial on January 25, 2024 and sell it today you would earn a total of 477.00 from holding Gates Industrial or generate 36.69% return on investment over 90 days. Gates Industrial is currently generating 0.5125% in daily expected returns and assumes 1.7634% risk (volatility on return distribution) over the 90 days horizon. In different words, 15% of stocks are less volatile than Gates, and 90% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Gates Industrial Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Gates Industrial's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Gates Industrial, and traders can use it to determine the average amount a Gates Industrial's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.2906
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Estimated Market Risk
| 1.76 actual daily | 15 85% of assets are more volatile |
Expected Return
| 0.51 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.29 actual daily | 22 78% of assets perform better |
Based on monthly moving average Gates Industrial is performing at about 22% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Gates Industrial by adding it to a well-diversified portfolio.
Gates Industrial Fundamentals Growth
Gates Stock prices reflect investors' perceptions of the future prospects and financial health of Gates Industrial, and Gates Industrial fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Gates Stock performance.
| Return On Equity | 0.0736 | |||
| Return On Asset | 0.0416 | |||
| Profit Margin | 0.07 % | |||
| Operating Margin | 0.14 % | |||
| Current Valuation | 6.76 B | |||
| Shares Outstanding | 260.12 M | |||
| Price To Earning | 42.23 X | |||
| Price To Book | 1.41 X | |||
| Price To Sales | 1.27 X | |||
| Revenue | 3.57 B | |||
| Gross Profit | 1.25 B | |||
| EBITDA | 462.6 M | |||
| Net Income | 256.4 M | |||
| Cash And Equivalents | 408.3 M | |||
| Cash Per Share | 1.45 X | |||
| Total Debt | 2.56 B | |||
| Debt To Equity | 0.82 % | |||
| Current Ratio | 2.91 X | |||
| Book Value Per Share | 12.19 X | |||
| Cash Flow From Operations | 481 M | |||
| Earnings Per Share | 0.84 X | |||
| Market Capitalization | 4.59 B | |||
| Total Asset | 7.25 B | |||
| Retained Earnings | 1.46 B | |||
| Working Capital | 1.62 B | |||
| Current Asset | 1.85 B | |||
| Current Liabilities | 707.05 M | |||
About Gates Industrial Performance
To evaluate Gates Industrial Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Gates Industrial generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Gates Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Gates Industrial market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Gates's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 93.58 | 78.14 | |
| Return On Tangible Assets | 0.05 | 0.05 | |
| Return On Capital Employed | 0.05 | 0.05 | |
| Return On Assets | 0.03 | 0.02 | |
| Return On Equity | 0.08 | 0.11 |
Things to note about Gates Industrial performance evaluation
Checking the ongoing alerts about Gates Industrial for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Gates Industrial help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Gates Industrial has a poor financial position based on the latest SEC disclosures | |
| Over 94.0% of the company shares are owned by institutional investors | |
| Latest headline from simplywall.st: Gates Industrial Corporation plcs Intrinsic Value Is Potentially 95 percent Above Its Share Price |
- Analyzing Gates Industrial's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Gates Industrial's stock is overvalued or undervalued compared to its peers.
- Examining Gates Industrial's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Gates Industrial's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Gates Industrial's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Gates Industrial's stock. These opinions can provide insight into Gates Industrial's potential for growth and whether the stock is currently undervalued or overvalued.
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 Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Complementary Tools for Gates Stock analysis
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.