Market cap
$6,377 Mln
Revenue (TTM)
$3,505 Mln
P/E Ratio
17.6
P/B Ratio
1.8
Div. Yield
0 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | 10.63 | 6.55 | 3.34 | -0.78 | 1.19 |
| EBIT | 29.06 | 38.21 | 11.16 | 5.64 | 3.32 |
| Net Profit | 207.12 | 228.66 | 90.27 | 11.18 | -11.38 |
| EPS | 186.46 | 207.96 | 83.46 | 20.88 | 12.84 |
| Book Value | -- | -- | 12.13 | 5.65 | 6.86 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Dec-25 | Dec-24 |
| EBIT-Margin
| 13.56 | 13.15 | 14.35 | 14.21 | 13.52 |
| Net Margin
| -- | 7.37 | 10.38 | -- | -- |
| Return on equity
| 7.17 | 7.74 | 9.87 | 7.91 | 6.24 |
| Return on Capital
| 3.98 | 4.19 | -- | 4.43 | 3.45 |
| Return on Assets
| 3.20 | 3.32 | 4.50 | 3.61 | 2.78 |
| Debt to Equity (x)
| -- | -- | 0.62 | 0.75 | 0.82 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Gates Industrial (GTES)
|
--
|
4.43
|
3.45
|
4.05
|
3.83
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
ROE
9.87
--
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Gates Industrial (GTES)
|
9.87
|
7.91
|
6.24
|
7.36
|
7.11
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
ROA
4.50
--
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Gates Industrial (GTES)
|
4.50
|
3.61
|
2.78
|
3.22
|
3.00
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
EBIT Margin
14.35
--
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Gates Industrial (GTES)
|
14.35
|
14.21
|
13.52
|
12.96
|
11.18
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Net Margin
10.38
--
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Gates Industrial (GTES)
|
10.38
|
7.30
|
5.72
|
6.52
|
6.19
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Gates Industrial (GTES)
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
3.34
--
Year on year growth in net sales
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Gates Industrial (GTES)
|
3.34
|
0.01
|
-0.05
|
0.00
|
0.02
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
EBIT Growth
11.16
--
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Gates Industrial (GTES)
|
11.16
|
6.19
|
-0.41
|
16.47
|
-17.80
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Net Profit Growth
90.27
--
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Gates Industrial (GTES)
|
90.27
|
28.99
|
-16.32
|
5.48
|
-25.68
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
EPS Growth
83.46
--
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Gates Industrial (GTES)
|
83.46
|
0.31
|
-0.15
|
0.12
|
-0.22
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Book Value Growth
9.56
--
Year on year growth in book value per share
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Gates Industrial (GTES)
|
9.56
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
0.62
--
Total debt / Net worth
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Gates Industrial (GTES)
|
0.62
|
0.75
|
0.82
|
0.80
|
0.84
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Short term debt to equity ratio
0.01
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Gates Industrial (GTES)
|
0.01
|
0.02
|
0.01
|
0.01
|
0.02
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
3.24
--
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Gates Industrial (GTES)
|
3.24
|
3.37
|
3.20
|
3.08
|
3.03
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Quick Ratio
2.36
--
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Gates Industrial (GTES)
|
2.36
|
2.42
|
2.26
|
2.25
|
2.15
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Interest Coverage
3.28
--
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Gates Industrial (GTES)
|
3.28
|
3.28
|
2.70
|
2.83
|
2.74
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Operating Efficiency
Debtors to sales
26.84
--
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Gates Industrial (GTES)
|
26.84
|
22.87
|
22.04
|
22.37
|
23.12
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Asset Turnover
0.43
--
Sales / Average Total Assets
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Gates Industrial (GTES)
|
0.43
|
0.49
|
0.49
|
0.49
|
0.48
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Gates Industrial (GTES)
|
--
|
81.62
|
83.05
|
82.88
|
79.58
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Gates Industrial (GTES)
|
--
|
122.64
|
117.90
|
107.64
|
106.14
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Gates Industrial (GTES)
|
--
|
75.04
|
77.15
|
76.58
|
77.39
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Gates Industrial (GTES)
|
--
|
129.23
|
123.79
|
113.94
|
108.33
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
17.62
--
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Gates Industrial (GTES)
|
17.62
|
22.12
|
27.80
|
15.42
|
14.72
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Price / Book Value
1.78
--
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Gates Industrial (GTES)
|
1.78
|
1.67
|
1.79
|
1.11
|
1.05
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Dividend Yield
--
--
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Gates Industrial (GTES)
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
EV/EBITDA
11.41
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Gates Industrial (GTES)
|
11.41
|
10.33
|
10.65
|
11.68
|
8.54
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Market Cap
6,377
--
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Gates Industrial (GTES)
|
6,377
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|