GTES Statistics
Total Valuation
GTES has a market cap or net worth of $4.70 billion. The enterprise value is $6.54 billion.
| Market Cap | 4.70B |
| Enterprise Value | 6.54B |
Important Dates
The next confirmed earnings date is Wednesday, May 1, 2024, before market open.
| Earnings Date | May 1, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
GTES has 264.27 million shares outstanding. The number of shares has decreased by -6.49% in one year.
| Shares Outstanding | 264.27M |
| Shares Change (YoY) | -6.49% |
| Shares Change (QoQ) | +0.01% |
| Owned by Insiders (%) | 0.58% |
| Owned by Institutions (%) | 93.93% |
| Float | 189.82M |
Valuation Ratios
The trailing PE ratio is 21.15 and the forward PE ratio is 12.29.
| PE Ratio | 21.15 |
| Forward PE | 12.29 |
| PS Ratio | 1.32 |
| Forward PS | 1.29 |
| PB Ratio | 1.46 |
| P/FCF Ratio | 11.15 |
| PEG Ratio | n/a |
Enterprise Valuation
The stock's EV/EBITDA ratio is 10.18, with an EV/FCF ratio of 15.53.
| EV / Earnings | 28.07 |
| EV / Sales | 1.83 |
| EV / EBITDA | 10.18 |
| EV / EBIT | 15.40 |
| EV / FCF | 15.53 |
Financial Position
The company has a current ratio of 3.08, with a Debt / Equity ratio of 0.80.
| Current Ratio | 3.08 |
| Quick Ratio | 1.91 |
| Debt / Equity | 0.80 |
| Debt / EBITDA | 3.99 |
| Debt / FCF | 6.09 |
| Interest Coverage | 2.60 |
Financial Efficiency
Return on equity (ROE) is 7.40% and return on invested capital (ROIC) is 7.13%.
| Return on Equity (ROE) | 7.40% |
| Return on Assets (ROA) | 3.20% |
| Return on Capital (ROIC) | 7.13% |
| Revenue Per Employee | $242,871 |
| Profits Per Employee | $15,844 |
| Employee Count | 14,700 |
| Asset Turnover | 0.49 |
| Inventory Turnover | 3.39 |
Taxes
In the past 12 months, GTES has paid $28.30 million in taxes.
| Income Tax | 28.30M |
| Effective Tax Rate | 10.83% |
Stock Price Statistics
The stock price has increased by +33.61% in the last 52 weeks. The beta is 1.57, so GTES's price volatility has been higher than the market average.
| Beta (1Y) | 1.57 |
| 52-Week Price Change | +33.61% |
| 50-Day Moving Average | 16.32 |
| 200-Day Moving Average | 13.30 |
| Relative Strength Index (RSI) | 67.41 |
| Average Volume (30 Days) | 2,995,591 |
Short Selling Information
The latest short interest is 7.78 million, so 2.95% of the outstanding shares have been sold short.
| Short Interest | 7.78M |
| Short Previous Month | 4.12M |
| Short % of Shares Out | 2.95% |
| Short % of Float | 4.10% |
| Short Ratio (days to cover) | 1.92 |
Income Statement
In the last 12 months, GTES had revenue of $3.57 billion and earned $232.90 million in profits. Earnings per share was $0.84.
| Revenue | 3.57B |
| Gross Profit | 1.36B |
| Operating Income | 462.60M |
| Pretax Income | 261.20M |
| Net Income | 232.90M |
| EBITDA | 641.90M |
| EBIT | 424.40M |
| Earnings Per Share (EPS) | $0.84 |
Balance Sheet
The company has $720.60 million in cash and $2.56 billion in debt, giving a net cash position of -$1.84 billion or -$6.97 per share.
| Cash & Cash Equivalents | 720.60M |
| Total Debt | 2.56B |
| Net Cash | -1.84B |
| Net Cash Per Share | -$6.97 |
| Equity / Book Value | 3.22B |
| Book Value Per Share | 12.19 |
| Working Capital | 1.62B |
Cash Flow
In the last 12 months, operating cash flow was $481.00 million and capital expenditures -$60.00 million, giving a free cash flow of $421.00 million.
| Operating Cash Flow | 481.00M |
| Capital Expenditures | -60.00M |
| Free Cash Flow | 421.00M |
| FCF Per Share | $1.59 |
Margins
Gross margin is 38.06%, with operating and profit margins of 12.96% and 6.52%.
| Gross Margin | 38.06% |
| Operating Margin | 12.96% |
| Pretax Margin | 7.32% |
| Profit Margin | 6.52% |
| EBITDA Margin | 17.98% |
| EBIT Margin | 11.89% |
| FCF Margin | 11.79% |
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 | 4.96% |
| FCF Yield | 8.96% |
Analyst Forecast
The average price target for GTES is $18.09, which is 1.80% higher than the current price. The consensus rating is "Buy".
| Price Target | $18.09 |
| Price Target Difference | 1.80% |
| Analyst Consensus | Buy |
| Analyst Count | 11 |
| 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 and a Piotroski F-Score of 9. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 2 |
| Piotroski F-Score | 9 |