Gates Industrial Corporation PLC
NYSE:GTES

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Gates Industrial Corporation PLC
NYSE:GTES
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Price: 20.795 USD 0.85%
Market Cap: 5.3B USD
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Gates Industrial Corporation PLC
Tax Provision

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
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Gates Industrial Corporation PLC
Tax Provision Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Tax Provision CAGR 3Y CAGR 5Y CAGR 10Y
Gates Industrial Corporation PLC
NYSE:GTES
Tax Provision
-$63.2m
CAGR 3-Years
-2%
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Otis Worldwide Corp
NYSE:OTIS
Tax Provision
-$533m
CAGR 3-Years
-5%
CAGR 5-Years
5%
CAGR 10-Years
N/A
Ingersoll Rand Inc
NYSE:IR
Tax Provision
-$245.4m
CAGR 3-Years
-167%
CAGR 5-Years
-12%
CAGR 10-Years
N/A
Parker-Hannifin Corp
NYSE:PH
Tax Provision
-$757m
CAGR 3-Years
-13%
CAGR 5-Years
-13%
CAGR 10-Years
-3%
Xylem Inc
NYSE:XYL
Tax Provision
-$92m
CAGR 3-Years
-4%
CAGR 5-Years
N/A
CAGR 10-Years
0%
Illinois Tool Works Inc
NYSE:ITW
Tax Provision
-$911m
CAGR 3-Years
-13%
CAGR 5-Years
-3%
CAGR 10-Years
-2%
No Stocks Found

Gates Industrial Corporation PLC
Glance View

Market Cap
5.3B USD
Industry
Machinery

In the bustling world of industrial infrastructure, Gates Industrial Corporation PLC stands as a stalwart, weaving efficiency and innovation into the fabric of global industries. Founded in the heart of the 20th century, Gates has evolved from its origins as a modest producer of power transmission belts into a global leader in manufacturing highly engineered power transmission and fluid power solutions. At the core of its operations is a steadfast dedication to enhancing the performance and longevity of machines. The company's product portfolio spans a diverse array of belts, hoses, and hydraulic solutions, which serve vital roles in sectors stretching from automotive to construction and agriculture. By embedding its products in the very machinery that powers these industries, Gates Industrial creates a steady stream of demand that ensures reliable revenue channels. The brilliance of Gates Industrial’s business model lies in its strategic embrace of both innovation and customer-centricity. The company actively invests in research and development, driving advancements in material science and engineering that enhance the durability and efficiency of its offerings. Such innovations are crucial for customers who demand products that can withstand the rigor of demanding industrial environments. Moreover, Gates’ vast distribution network extends across numerous continents, ensuring that its products are easily accessible to customers worldwide. This expansive reach, coupled with a strong brand reputation, allows Gates to maintain solid pricing power and a competitive edge in the global market. The synergy between robust supply chain management and relentless commitment to quality underpins Gates Industrial's sustained financial success amidst ever-evolving industrial landscapes.

GTES Intrinsic Value
26.829 USD
Undervaluation 22%
Intrinsic Value
Price

See Also

What is Gates Industrial Corporation PLC's Tax Provision?
Tax Provision
-63.2m USD

Based on the financial report for Sep 28, 2024, Gates Industrial Corporation PLC's Tax Provision amounts to -63.2m USD.

What is Gates Industrial Corporation PLC's Tax Provision growth rate?
Tax Provision CAGR 3Y
-2%

Over the last year, the Tax Provision growth was -227%. The average annual Tax Provision growth rates for Gates Industrial Corporation PLC have been -2% over the past three years .

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