Is Gates Industrial Corporation plc (GTES) undervalued? · P/E 29, rev $3.41B
Gates Industrial Corporation plc (GTES) is a specialty industrial machinery company listed on NYSE.
This page asks whether Gates Industrial Corporation plc (GTES) looks cheap on cached numbers — not a DCF toy and not a buy alert.
Latest reported GTES revenue for 2024-12-28 was $3.41B. Net income was $219.9M. Revenue was down 4.5% from 2023-12-30 to 2024-12-28. GTES currently screens at market cap $6.95B and trailing P/E 28.8.
GTES currently screens at market cap $6.95B and trailing P/E 28.8. Cheap versus history or peers still needs a filing reason; a low multiple can be a value trap.
A new GTES 10-Q can flip this screen overnight. The SEC page is the source.
Not investment advice. Compare GTES to the stock page model before you treat a low multiple as a gift.
Not investment advice.