GTES Statistics
Total Valuation
GTES has a market cap or net worth of $4.55 billion. The enterprise value is $6.48 billion.
| Market Cap | 4.55B |
| Enterprise Value | 6.48B |
Important Dates
The last earnings date was Wednesday, May 1, 2024.
| Earnings Date | May 1, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
GTES has 261.38 million shares outstanding. The number of shares has decreased by -6.49% in one year.
| Shares Outstanding | 261.38M |
| Shares Change (YoY) | -6.49% |
| Shares Change (QoQ) | +0.06% |
| Owned by Insiders (%) | 0.90% |
| Owned by Institutions (%) | 97.09% |
| Float | 207.01M |
Valuation Ratios
The trailing PE ratio is 19.36 and the forward PE ratio is 11.49.
| PE Ratio | 19.36 |
| Forward PE | 11.49 |
| PS Ratio | 1.29 |
| Forward PS | 1.24 |
| PB Ratio | 1.43 |
| P/FCF Ratio | 13.27 |
| PEG Ratio | n/a |
Enterprise Valuation
The stock's EV/EBITDA ratio is 9.66, with an EV/FCF ratio of 18.90.
| EV / Earnings | 26.30 |
| EV / Sales | 1.83 |
| EV / EBITDA | 9.66 |
| EV / EBIT | 14.29 |
| EV / FCF | 18.90 |
Financial Position
The company has a current ratio of 3.06, with a Debt / Equity ratio of 0.77.
| Current Ratio | 3.06 |
| Quick Ratio | 1.76 |
| Debt / Equity | 0.77 |
| Debt / EBITDA | 3.65 |
| Debt / FCF | 7.15 |
| Interest Coverage | 2.84 |
Financial Efficiency
Return on equity (ROE) is 7.90% and return on invested capital (ROIC) is 7.27%.
| Return on Equity (ROE) | 7.90% |
| Return on Assets (ROA) | 3.40% |
| Return on Capital (ROIC) | 7.27% |
| Revenue Per Employee | $240,483 |
| Profits Per Employee | $16,769 |
| Employee Count | 14,700 |
| Asset Turnover | 0.49 |
| Inventory Turnover | 3.25 |
Taxes
In the past 12 months, GTES has paid $47.50 million in taxes.
| Income Tax | 47.50M |
| Effective Tax Rate | 16.16% |
Stock Price Statistics
The stock price has increased by +48.64% in the last 52 weeks. The beta is 1.54, so GTES's price volatility has been higher than the market average.
| Beta (1Y) | 1.54 |
| 52-Week Price Change | +48.64% |
| 50-Day Moving Average | 17.31 |
| 200-Day Moving Average | 13.82 |
| Relative Strength Index (RSI) | 53.89 |
| Average Volume (30 Days) | 3,098,717 |
Short Selling Information
The latest short interest is 9.64 million, so 3.69% of the outstanding shares have been sold short.
| Short Interest | 9.64M |
| Short Previous Month | 8.40M |
| Short % of Shares Out | 3.69% |
| Short % of Float | 4.66% |
| Short Ratio (days to cover) | 4.40 |
Income Statement
In the last 12 months, GTES had revenue of $3.54 billion and earned $246.50 million in profits. Earnings per share was $0.90.
| Revenue | 3.54B |
| Gross Profit | 1.36B |
| Operating Income | 488.30M |
| Pretax Income | 294.00M |
| Net Income | 246.50M |
| EBITDA | 671.50M |
| EBIT | 453.90M |
| Earnings Per Share (EPS) | $0.90 |
Balance Sheet
The company has $522.20 million in cash and $2.45 billion in debt, giving a net cash position of -$1.93 billion or -$7.39 per share.
| Cash & Cash Equivalents | 522.20M |
| Total Debt | 2.45B |
| Net Cash | -1.93B |
| Net Cash Per Share | -$7.39 |
| Equity / Book Value | 3.18B |
| Book Value Per Share | 12.16 |
| Working Capital | 1.54B |
Cash Flow
In the last 12 months, operating cash flow was $407.50 million and capital expenditures -$64.40 million, giving a free cash flow of $343.10 million.
| Operating Cash Flow | 407.50M |
| Capital Expenditures | -64.40M |
| Free Cash Flow | 343.10M |
| FCF Per Share | $1.30 |
Margins
Gross margin is 38.58%, with operating and profit margins of 13.81% and 6.97%.
| Gross Margin | 38.58% |
| Operating Margin | 13.81% |
| Pretax Margin | 8.32% |
| Profit Margin | 6.97% |
| EBITDA Margin | 19.00% |
| EBIT Margin | 12.84% |
| FCF Margin | 9.71% |
Dividends & Yields
GTES does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | n/a |
| Buyback Yield | 6.49% |
| Shareholder Yield | 6.49% |
| Earnings Yield | 5.41% |
| FCF Yield | 7.54% |
Analyst Forecast
The average price target for GTES is $19.11, which is 9.70% higher than the current price. The consensus rating is "Buy".
| Price Target | $19.11 |
| Price Target Difference | 9.70% |
| Analyst Consensus | Buy |
| Analyst Count | 9 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock Splits
This stock does not have any record of stock splits.
| Last Split Date | n/a |
| Split Type | n/a |
| Split Ratio | n/a |
Scores
GTES has an Altman Z-Score of 2.03 and a Piotroski F-Score of 7. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 2.03 |
| Piotroski F-Score | 7 |