GTES (Gates Industrial) Equity-to-Asset: 0.48 (As of Jun. 2026) — 17% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

GTES Gates Industrial Corp Ltd GTES
82 GF Score
Price $26.67
GF Value $22.06
Valuation Modestly Overvalued
! 5 Warning Signs
View Full Analysis

What is Gates Industrial Equity-to-Asset?

Gates Industrial GTES +2.73% 82 Equity-to-Asset is 0.48 as of Jun. 2026, which is 17% above its 10-year median of 0.41. GuruFocus rates GTES with a GF Score™ of 82/100 and a GF Value™ of $22.06 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 3,085 Industrial Products companies, Gates Industrial ranks worse than 63.73% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Gates Industrial's Total Stockholders Equity for the quarter that ended in Jun. 2026 was $3,522 Mil. Gates Industrial's Total Assets for the quarter that ended in Jun. 2026 was $7,393 Mil. Therefore, Gates Industrial's Equity to Asset Ratio for the quarter that ended in Jun. 2026 was 0.48.

The historical rank and industry rank for Gates Industrial's Equity-to-Asset or its related term are showing as below:

GTES' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.11   Med: 0.41   Max: 0.48
Current: 0.48

During the past 12 years, the highest Equity to Asset Ratio of Gates Industrial was 0.48. The lowest was 0.11. And the median was 0.41.

GTES's Equity-to-Asset is ranked worse than
63.73% of 3085 companies
in the Industrial Products industry
Industry Median: 0.56 vs GTES: 0.48

Gates Industrial  (NYSE:GTES) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Gates Industrial Equity-to-Asset Related Terms


Gates Industrial Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Gates Industrial's Equity-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Gates Industrial Equity-to-Asset Chart

Gates Industrial Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.41 0.43 0.44 0.45 0.47

Gates Industrial Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.45 0.47 0.47 0.47 0.48

GTES vs NPO, JBTM, MIDD: Equity-to-Asset Comparison

For the Specialty Industrial Machinery subindustry, Gates Industrial's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Gates Industrial Equity-to-Asset vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Gates Industrial's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Gates Industrial's Equity-to-Asset falls into.


GTES
82GF Score
Gates Industrial Corp Ltd GTES
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Gates Industrial Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Gates Industrial's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Equity to Asset (A: Dec. 2025 )=Total Stockholders Equity/Total Assets
=3334/7151.4
=0.47

Gates Industrial's Equity to Asset Ratio for the quarter that ended in Jun. 2026 is calculated as

Equity to Asset (Q: Jun. 2026 )=Total Stockholders Equity/Total Assets
=3521.9/7392.8
=0.48

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Equity-to-Asset →
What does a Equity-to-Asset of 0.48 mean?
Gates Industrial (GTES) has a Equity-to-Asset of 0.48 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Gates Industrial and its competitors. This is 17% above median its historical median of 0.41. Over the past decade, Gates Industrial's Equity-to-Asset has ranged from 0.11 to 0.48. According to the industry distribution chart, Gates Industrial ranks #1966 out of 3085 companies in the Industrial Products industry, placing it in the top 63.7%.
Is Gates Industrial's Equity-to-Asset too high?
Gates Industrial's current Equity-to-Asset of 0.48 is 17% above median its 10-year median of 0.41. Over the past 10 years, this metric has ranged from a low of 0.11 to a high of 0.48. The Industrial Products industry median Equity-to-Asset is 0.56. Gates Industrial's value of 0.48 is 14.3% below this industry median. Based on the distribution chart, Gates Industrial ranks #1966 out of 3085 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Gates Industrial has a GF Score™ of 82/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Gates Industrial's Equity-to-Asset compare to NPO and JBTM?
According to the Industrial Products industry distribution chart, Gates Industrial ranks #1966 out of 3085 companies for Equity-to-Asset. This places Gates Industrial in the lower half of its industry. The industry median Equity-to-Asset is 0.56. Gates Industrial's value of 0.48 is 14.3% below this benchmark. Historically, Gates Industrial's own Equity-to-Asset has ranged from 0.11 to 0.48 over the past decade. While the company's 10-year median is 0.41 vs. the industry median of 0.56, Gates Industrial has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for an Industrial Products company?
The median Equity-to-Asset among Industrial Products companies is 0.56, based on 3,085 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Gates Industrial's current Equity-to-Asset of 0.48 is 14.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Gates Industrial and its competitors. For the Industrial Products industry, the median Equity-to-Asset is 0.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gates Industrial's current Equity-to-Asset is 0.48, which is 17% above median its own 10-year median of 0.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gates Industrial stock overvalued right now?
Based on GuruFocus' analysis, Gates Industrial (GTES) is currently considered Modestly Overvalued. The stock's GF Value™ is $22.06, compared to a current price of $26.67 — trading 20.9% above its estimated fair value. The current Equity-to-Asset is 0.48, which is 17% above median its 10-year median of 0.41 and 14.3% below the Industrial Products industry median of 0.56. Gates Industrial's overall GF Score™ is 82/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Gates Industrial (GTES), the current Equity-to-Asset is 0.48 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Gates Industrial (GTES) Overvalued in 2026?

Based on GuruFocus' analysis, Gates Industrial stock appears to be overvalued. The current stock price of $26.67 is trading 20.9% above its estimated GF Value™ of $22.06. GuruFocus considers Gates Industrial to be Modestly Overvalued.

Key valuation signals for GTES:

  • Equity-to-Asset: 0.48 (17% above median its 10-year median of 0.41)
  • GF Value™: $22.06 vs. price of $26.67 (20.9% above fair value)
  • GF Score™: 82/100 with 5 warning signs
  • Industry Position: 14.3% below the Industrial Products median (#1966 of 3085)

No single metric tells the full story. See the GTES stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Gates Industrial Business Description

Other Exchanges 1JL:Germany
Address 1144 Fifteenth Street, Denver, CO, USA, 80202
Gates Industrial Corp PLC is a manufacturer of engineered power transmission and fluid power solutions. The company has two operating segments; Power Transmission and Fluid Power segments. The Power Transmission solutions convey power and control motion. It is used in applications in which belts, chains, cables, geared transmissions, or direct drives transfer power from an engine or motor to another part or system. The Fluid power solutions are used in applications in which hoses and rigid tubing assemblies either transfer power hydraulically or convey fluids, gases, or granular materials from one location to another. The company generates key revenue from the Power Transmission segment. Company operates in USA, United Kingdom, Luxembourg, EMEA, with majority revenue from USA.
82GF Score

Get the complete analysis for GTES

Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$26.67
Price
$22.06
GF Value