GTES (Gates Industrial) GF Value Rank : 1 (As of Dec. 11, 2024)

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What is Gates Industrial GF Value Rank?

Gates Industrial has the GF Value Rank of 1.

The GF Value Rank is determined by the price-to-GF-Value (P/GF Value) ratio, a proprietary metric calculated based on historical multiples along with an adjustment factor based on a company's past returns and growth and future estimates of the business' performance.

GuruFocus found that for valuation, we cannot simply give stocks a better GF Value rank simply because they have a lower P/GF Value ratio. Backtesting shows that over the long term, the two worst-performing groups are the most expensive group (with the highest P/GF Value ratio) and the least expensive group (with the lowest P/GF Value ratio).

We can understand why the most expensive group underperforms. We were initially puzzled by the underperformance of the least expensive group, but we realized there is a reason why some stocks are super cheap. If they look too undervalued, it is often because the businesses behind them are poor quality. The market realized this and gave them low valuations. In a way, the market is efficient.

After multiple backtesting analyses, we granted the stocks in third-cheapest percentile the highest GF Value rank, as they have performed the best over a full market cycle. Stock performance is actually not as sensitive to valuation as it is to growth and profitability. On average, the companies in the 20%-50% valuation groups have similar performances. Therefore, we should avoid the most expensive and the least expensive stocks. We can be more tolerant of valuation.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.

Competitive Comparison of Gates Industrial's GF Value Rank

For the Specialty Industrial Machinery subindustry, Gates Industrial's GF Value Rank, along with its competitors' market caps and GF Value Rank 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's GF Value Rank Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Gates Industrial's GF Value Rank distribution charts can be found below:

* The bar in red indicates where Gates Industrial's GF Value Rank falls into.

Gates Industrial GF Value Rank Related Terms

Thank you for viewing the detailed overview of Gates Industrial's GF Value Rank provided by GuruFocus.com. Please click on the following links to see related term pages.

Gates Industrial Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Gates Industrial Corp PLC (NYSE:GTES) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

1JL:Germany

Address

1144 Fifteenth Street, Denver, CO, USA, 80202

Website

https://www.gates.com

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.

Executives

Omaha Aggregator (cayman) L.p.	10 percent owner	C/O THE BLACKSTONE GROUP L.P., 345 PARK AVENUE, NEW YORK NY 10154
Wilson S Neely	director	C/O GATES INDUSTRIAL CORPORATION PLC, 1144 FIFTEENTH STREET, SUITE 1400, DENVER CO 80202
Blackstone Inc.	10 percent owner	345 PARK AVENUE, NEW YORK NY 10154
Bx Gates Ml-1 Holdco Llc	10 percent owner	C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Fredrik J Eliasson	director	500 WATER STREET, JACKSONVILLE FL 32202
Neil P Simpkins	director	C/O BLACKSTONE GROUP, 345 PARK AVENUE, NEW YORK NY 10154
Ivo Jurek	director, officer: Chief Executive Officer	C/O GATES INDUSTRIAL CORPORATION PLC, 1144 FIFTEENTH STREET, SUITE 1400, DENVER CO 80202
Gwendolyn Ann Montgomery	officer: SVP, Global Human Resources	33587 WALKER RD, AVON LAKE OH 44012
Seth Meisel	director	C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Bx Gates Ml-4 Holdco Llc	10 percent owner	C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Bx Gates Ml-3 Holdco Llc	10 percent owner	C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Bx Gates Ml-2 Holdco Llc	10 percent owner	C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Bx Gates Ml-5 Holdco Llc	10 percent owner	C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Alicia L. Tillman	director	C/O GATES INDUSTRIAL CORPORATION PLC, 1144 FIFTEENTH STREET, SUITE 1400, DENVER CO 80202
Peifang Zhang	director	21640 E. BRIARWOOD DR., AURORA CO 80016