Gates Industrial Corp PLC (GTES, Financial)(30-Year Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2019. Gates Industrial Corp PLC manufactures power transmission and fluid power products and components for industrial and automotive applications. It operates in two segments including Power Transmission and Fluid Power. Gates Industrial Corp PLC has a market cap of $3.66 billion; its shares were traded at around $12.60 with a P/E ratio of 5.37 and P/S ratio of 1.20. Gates Industrial Corp PLC had annual average EBITDA growth of 11.60% over the past five years. GuruFocus has detected 1 severe warning sign with Gates Industrial Corp PLC. .
For the last quarter Gates Industrial Corp PLC reported a revenue of $725.7 million, compared with the revenue of $792.1 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $3.1 billion, a decrease of 7.8% from the previous year. For the complete 30-year financial data, please go here.. For the last five years Gates Industrial Corp PLC had an average revenue growth rate of 2.2% a year.
The reported diluted earnings per share was $2.37 for the year, an increase of 182.1% from previous year. The Gates Industrial Corp PLC had a decent operating margin of 11.54%, compared with the operating margin of 15.16% a year before. The 10-year historical median operating margin of Gates Industrial Corp PLC is 11.60%. The profitability rank of the company is 6 (out of 10).
At the end of the fiscal year, Gates Industrial Corp PLC has the cash and cash equivalents of $635.3 million, compared with $423.4 million in the previous year. The long term debt was $3 billion, compared with $3 billion in the previous year. The interest coverage to the debt is 2.3, which is not a favorable level. Gates Industrial Corp PLC has a financial strength rank of 4 (out of 10).
At the current stock price of $12.60, Gates Industrial Corp PLC is traded at close to its historical median P/S valuation band of $13.68. The P/S ratio of the stock is 1.20, while the historical median P/S ratio is 1.30. The stock lost 19.15% during the past 12 months.
Directors and Officers Recent Trades:
- Chief Exec Officer & Director Ivo Jurek bought 5,000 shares of GTES stock on 02/12/2020 at the average price of $13.18. The price of the stock has decreased by 4.4% since.
For the complete 20-year historical financial data of GTES, click here.
