Gates Industrial Corporation Stock

Gates Industrial Corporation ROCE 2024

Gates Industrial Corporation ROCE

0.15

Ticker

GTES

ISIN

GB00BD9G2S12

WKN

A2JCGV

In 2024, Gates Industrial Corporation's return on capital employed (ROCE) was 0.15, a 14.51% increase from the 0.13 ROCE in the previous year.

Gates Industrial Corporation Aktienanalyse

What does Gates Industrial Corporation do?

The Gates Industrial Corporation PLC is a multinational company with its headquarters in Denver, Colorado. The company was founded in 1911 by Charles Gates Sr. as the Gates Rubber Company, specializing in the production of tires and hoses for automobiles. Over time, the company expanded its offerings to include belts and hoses for industrial applications. In the 1990s, the company shifted its focus to drive belts and systems, fluid power products, and other industrial products. In 2018, the Gates Corporation was transformed into the Gates Industrial Corporation in order to better represent its diverse divisions. Today, the Gates Industrial Corporation PLC is a leading provider of drive belts, accessories, and systems for the automotive, industry, climate, and energy sectors. Drive belts are the company's core business, used to power and control machinery, equipment, and vehicles. The range of belts includes V-belts, timing belts, and multi-rib belts, available in various sizes and materials. Tensioners and idlers are also offered to ensure optimal performance. In addition, the company offers other products such as hydraulic and pneumatic hoses, fluid control components, seals, couplings, and other industrial products. These are used in various industries, including aerospace, energy, construction, transportation, agriculture, and food. A key aspect of Gates Industrial Corporation's business model is its close collaboration with customers. The company strives to provide tailored solutions to meet their individual requirements, taking into account the overall demand for drive and fluid power products to optimize the machine lifecycle and meet user needs. Sustainability is another important aspect of the company. Gates Industrial Corporation aims to use sustainability as a driver for innovation and growth. The company works towards promoting environmentally friendly production and reducing material and energy consumption. The products are designed to be cost-effective, energy-efficient, and durable, in order to reduce environmental impact. Overall, the Gates Industrial Corporation PLC is an established company with a long history and a wide-ranging offering. While drive belts are the core of its operations, the company's innovation in modern solutions for the energy industry demonstrates its preparedness for the future. Gates Industrial Corporation ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROCE Details

Unraveling Gates Industrial Corporation's Return on Capital Employed (ROCE)

Gates Industrial Corporation's Return on Capital Employed (ROCE) is a financial metric that measures the company's profitability and efficiency with respect to the capital employed. It is calculated by dividing earnings before interest and tax (EBIT) by the employed capital. A higher ROCE indicates that the company is effectively utilizing its capital to generate profits.

Year-to-Year Comparison

Analyzing Gates Industrial Corporation's ROCE annually provides valuable insights into its efficiency in using its capital to generate profits. An increasing ROCE indicates improved profitability and operational efficiency, whereas a decrease might signal potential issues in capital utilization or business operations.

Impact on Investments

Gates Industrial Corporation's ROCE is a critical factor for investors and analysts for evaluating the company’s efficiency and profitability. A higher ROCE can make the company an attractive investment, as it often signifies that the firm is generating adequate profits from its employed capital.

Interpreting ROCE Fluctuations

Changes in Gates Industrial Corporation’s ROCE are attributed to variations in EBIT or the capital employed. These fluctuations offer insights into the company’s operational efficiency, financial performance, and strategic financial management, assisting investors in making informed investment decisions.

Frequently Asked Questions about Gates Industrial Corporation stock

What is the ROCE (Return on Capital Employed) of Gates Industrial Corporation this year?

The ROCE of Gates Industrial Corporation is 0.15 undefined this year.

How has the ROCE (Return on Capital Employed) of Gates Industrial Corporation developed compared to the previous year?

The ROCE of Gates Industrial Corporation has increased by 14.51% increased compared to the previous year.

What does a high ROCE (Return on Capital Employed) mean for investors of Gates Industrial Corporation?

A high Return on Capital Employed (ROCE) indicates that Gates Industrial Corporation has efficient capital utilization and is able to achieve a higher return on its invested capital. This can be appealing to investors.

What does a low ROCE (Return on Capital Employed) mean for investors of Gates Industrial Corporation?

A low ROCE (Return on Capital Employed) can indicate that Gates Industrial Corporation has an inefficient utilization of its capital and may have difficulty in achieving a satisfactory return on its invested capital. This can be uncertain or unattractive for investors.

How does an increase in ROCE from Gates Industrial Corporation impact the company?

An increase in the ROCE of Gates Industrial Corporation can be an indicator of improved company efficiency and show that it is achieving higher profits in relation to its investments.

How does a reduction in the ROCE of Gates Industrial Corporation affect the company?

A decrease in ROCE of Gates Industrial Corporation can be an indicator of deteriorated efficiency of the company, indicating that it is generating lower profits in relation to its investments.

What are some factors that can influence the ROCE of Gates Industrial Corporation?

Some factors that can affect Gates Industrial Corporation's ROCE include efficiency in managing assets, profitability of investments, cost efficiency, and market conditions.

Why is the ROCE of Gates Industrial Corporation so important for investors?

The ROCE of Gates Industrial Corporation is important for investors as it is an indicator of the company's efficiency and shows how successful the company is in relation to its investments. A high ROCE can indicate strong financial performance of the company.

What strategic measures can Gates Industrial Corporation take to improve the ROCE?

To improve the ROCE, Gates Industrial Corporation can take measures such as increasing efficiency in asset management, optimizing investments, cost savings, and exploring new revenue sources. It is important for the company to conduct a thorough review of its operations to determine the best strategic actions to improve the ROCE.

How much dividend does Gates Industrial Corporation pay?

Over the past 12 months, Gates Industrial Corporation paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Gates Industrial Corporation is expected to pay a dividend of 0 USD.

What is the dividend yield of Gates Industrial Corporation?

The current dividend yield of Gates Industrial Corporation is .

When does Gates Industrial Corporation pay dividends?

Gates Industrial Corporation pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Gates Industrial Corporation?

Gates Industrial Corporation paid dividends every year for the past 0 years.

What is the dividend of Gates Industrial Corporation?

For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.

In which sector is Gates Industrial Corporation located?

Gates Industrial Corporation is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Gates Industrial Corporation kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Gates Industrial Corporation from 9/10/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 9/10/2024.

When did Gates Industrial Corporation pay the last dividend?

The last dividend was paid out on 9/10/2024.

What was the dividend of Gates Industrial Corporation in the year 2023?

In the year 2023, Gates Industrial Corporation distributed 0 USD as dividends.

In which currency does Gates Industrial Corporation pay out the dividend?

The dividends of Gates Industrial Corporation are distributed in USD.

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Andere Kennzahlen von Gates Industrial Corporation

Our stock analysis for Gates Industrial Corporation Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Gates Industrial Corporation Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.