Gates Industrial Corp. Ltd. R (76P.F) Q2 FY2026 earnings call transcript
Gates delivered record Q2 2026 sales of $942M (+6.6% YoY), with core revenue up 4.9% and adjusted EPS up 13% to $0.44, exceeding guidance. Management raised full-year ...
Model output · Signal date 2026-10-16
Gates Industrial Corp Ltd. (GTES) Stock Forecast Oct. 16, 2026
Analysis updated on Oct. 16, 2026 (UTC) · Alpha · vs marketSwitch to Total · NYSE
Rating · 90D
▼ Bearish
Exact rating locked
90-day forecast
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30-day forecast
Alpha
Rank in coverage
Bottom 35%
of 5171 stocks scored
Rank correlation · 90D
46.0%
Spearman, 357 dates
Market Cap
$6.54B
mid-cap · #4 of 8 peers
Summary
Gates Industrial Corp Ltd. (GTES) stock forecast summary
Our AI ranks Gates Industrial Corp Ltd. outside the neutral middle of its coverage (a directional signal). Create a free account and follow it to see the exact price target.
Gates Industrial Corp Ltd. is a mid-cap company with a market capitalization of $6.54B. It ranks number 4 by market capitalization among the 8 General Industrial Machinery & Equipment issuers in our coverage with a current forecast.
For GTES, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 46.0%, measured on 357 forecast dates between 2022-07-29 and 2026-07-17 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 29.0%, measured on 400 forecast dates between 2022-07-29 and 2026-09-16. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
Expected return relative to the market over the horizon: a positive alpha means the model expects the stock to beat the market, whatever the market does. Ratings: strong buy ≥ +1.8%, buy ≥ +0.2%, sell < -0.9%, strong sell < -1.2% (top 15%, next 20%, middle 30%, next 20%, bottom 15% of the 2026-10-16 signals)
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GTES price chart and AI forecast
Cross-section · 2026-10-16
How GTES ranks among 5171 stocks
90D Alpha forecasts of every company scored, cut into five relative ratings at the 15th, 35th, 65th and 85th percentiles (dashed lines).
Fundamentals · 2026-06-27
Gates Industrial Corp Ltd. (GTES) fundamentals
Trailing twelve months. The industry median and the rank (1 = highest) are taken over the General Industrial Machinery & Equipment peers listed below that report each metric.
Valuation & Market
| Metric | GTES | Rank |
|---|---|---|
| Market Cap | $6.54B | 4/8 |
| P/E Ratio | 18.32x | 5/7 |
| P/B Ratio | 1.86x | 5/7 |
| EPS | $1.41 | – |
| Book Value/Share | $13.91 | – |
| Revenue/Share | $13.84 | – |
| FCF/Share | $1.60 | – |
Profitability & Margins
| Metric | GTES | Rank |
|---|---|---|
| ROE | 10.3% | 4/8 |
| ROA | 4.9% | 5/7 |
| ROIC | 7.1% | 5/6 |
| Gross Margin | 39.7% | 4/8 |
| Operating Margin | 13.3% | 5/8 |
| Net Margin | 10.4% | 3/8 |
| EBT Margin | 9.8% | 5/8 |
| Tax Rate | -13.2% | – |
Financial Health
| Metric | GTES | Rank |
|---|---|---|
| Current Ratio | 3.24x | 1/7 |
| Quick Ratio | 2.36x | 1/7 |
| D/E Ratio | 0.99x | 3/8 |
| Financial Leverage | 2.10x | 3/7 |
| Interest Coverage | 6.6x | 4/7 |
| Working Capital | $1.87B | 1/7 |
Cash Flow
| Metric | GTES | Rank |
|---|---|---|
| Operating Cash Flow | $477M | 4/8 |
| Free Cash Flow | $405M | 4/7 |
| Capital Spending | -$71M | 5/7 |
| OCF Growth YoY | 14.3% | 3/7 |
| FCF Growth YoY | 21.0% | – |
| FCF/Sales | 11.6% | 4/7 |
| CapEx/Sales | 2.0% | 3/7 |
Operational Efficiency
| Metric | GTES | Rank |
|---|---|---|
| Asset Turnover | 0.47x | 6/7 |
| Receivables Turnover | 3.9x | 6/7 |
| Inventory Turnover | 2.9x | 6/7 |
| Fixed Assets Turnover | 5.8x | 6/7 |
| Days Sales Outstanding | 94 days | 2/7 |
| Days Inventory | 128 days | 2/7 |
Income Statement
| Metric | GTES | Rank |
|---|---|---|
| Total Revenue | $3.50B | 4/8 |
| Operating Income | $466M | 3/8 |
| Net Income | $364M | 3/8 |
| SG&A Expense | $905M | 4/8 |
| Cost of Goods Sold | $2.11B | 4/8 |
Dividend & Shareholder Information
| Metric | GTES | Rank |
|---|---|---|
| Shares Outstanding | 253M | – |
| Net Income Growth | 79.3% | 3/7 |
| EPS Growth | 101.4% | 1/6 |
Balance Sheet Highlights (USD millions)
| Total Current Assets | $2.71B | 36.6% of assets |
| Cash & Short-term Investments | $824M | 11.1% of assets |
| Accounts Receivable | $900M | 12.2% of assets |
| Inventory | $741M | 10.0% of assets |
| Total Liabilities | $3.50B | 47.3% of assets |
Quarterly Financial Reports
GTES quarterly financials and insider trading
Industry Peers · General Industrial Machinery & Equipment
Gates Industrial Corp Ltd. (GTES) industry peers
Companies classified under the same SEC industry code as Gates Industrial Corp Ltd. (General Industrial Machinery & Equipment): 8 common-stock issuers with a forecast this week, one row per issuer, largest first. This is a classification match, not a curated list of competitors.
Reveal all forecasts · See exact % predictions for all competitors
Sign up free| Company | 90-Day AI Forecast (Alpha) | Market Cap |
|---|---|---|
| GTES Gates Industrial Corp Ltd. | ▼ | $6.54B |
| IR Ingersoll Rand Inc. | ▼ | $30.18B |
| ZBRA Zebra Technologies Corp | ▼ | $17.86B |
| ZWS Zurn Elkay Water Solutions Corp | ▼ | $7.84B |
| EFXT Enerflex Ltd. | ▲ | $3.03B |
| GHM Graham Corp | ▶ | $804M |
| TWIN Twin Disc Inc | ▶ | $369M |
| GTEC Greenland Technologies Holding Corp. | ▲ | $18M |
Where GTES sits on the market map
Technology · General Industrial Machinery & Equipment
News
Gates Industrial Corp Ltd. (GTES) stock news
Gates Industrial Corporation Ltd. (GTES) Presents at Jefferies Global Industrials Conference 2026 Transcript
There we go. All right. We're off and running here. Welcome to the Gates show. And I'm very pleased to welcome 2 folks from Gates with us this afternoon. We have Ivo Jurek, who is the CEO; Rich looks ...
Gates Industrial Corporation Ltd. (GTES) Q2 2026 Earnings Call Transcript
Good morning, and welcome to the Gates Industrial Corporation Second Quarter 2026 Earnings Conference Call. [Operator Instructions] As a reminder, this conference call is being recorded. I would now ...
FAQ
Gates Industrial Corp Ltd. (GTES) stock forecast FAQ
What is the Gates Industrial Corp Ltd. (GTES) stock forecast?
Our AI ranks Gates Industrial Corp Ltd. outside the neutral middle of its coverage (a directional signal). Create a free account and follow it to see the exact price target.
How accurate are Gates Industrial Corp Ltd. stock predictions?
For GTES, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 46.0%, measured on 357 forecast dates between 2022-07-29 and 2026-07-17 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 29.0%, measured on 400 forecast dates between 2022-07-29 and 2026-09-16. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
How often are Gates Industrial Corp Ltd. forecasts updated?
Gates Industrial Corp Ltd. forecasts are refreshed on trading days as the daily model run completes. The forecast on this page was produced on Oct. 16, 2026.
Which companies are Gates Industrial Corp Ltd.'s industry peers?
8 issuers in our coverage, GTES included, share the SEC industry code General Industrial Machinery & Equipment. The largest are: Ingersoll Rand Inc. (IR), Zebra Technologies Corp (ZBRA), Zurn Elkay Water Solutions Corp (ZWS), Enerflex Ltd. (EFXT), Graham Corp (GHM), Twin Disc Inc (TWIN).
This analysis is generated automatically using our proprietary AI systems and should not be considered personalized investment advice. Past performance does not guarantee future results. Always conduct your own research and consider consulting a financial advisor before making investment decisions.