(GTES) Gates Industrial - Ratings and Ratios

Gates Industrial Corporation plc (NYSE:GTES) is a leading global manufacturer of engineered power transmission and fluid power solutions. With a strong presence in two main segments—Power Transmission and Fluid Power—the company serves a diverse range of industries, including industrial, automotive, and personal mobility. Their product portfolio includes high-quality belts, such as V-belts and CVT belts, along with essential components like sprockets and pulleys, which are critical for machinery and vehicle operations.

Gates solutions cater to both stationary and mobile applications, making them a key player in sectors like construction, agriculture, and energy. Their fluid power offerings, including hoses and hydraulic systems, are integral to various industrial applications. The companys products are not only used in original equipment manufacturing but also in replacement markets, ensuring a steady demand across different economic cycles.

From a financial standpoint, Gates boasts a market capitalization of approximately $5.9 billion, reflecting its established presence. The trailing P/E ratio of 27.98 indicates a premium valuation, while the forward P/E of 13.11 suggests investor confidence in future growth. The P/B ratio of 1.70 highlights the markets confidence in the companys asset value, and a P/S ratio of 1.72 underscores efficient revenue generation relative to its assets.

Founded in 1911, Gates has built a legacy of reliability and innovation, headquartered in Denver, Colorado. Their long-standing history and global reach position them as a trusted partner in their industry, with a brand reputation that underscores quality and durability.