GTES
Gates Industrial Corporation plc Industrials - Power Transmission Investor Relations →
Gates Industrial Corporation plc (GTES) closed at $21.74 as of 2026-03-20, trading 29.3% above its 200-week moving average of $16.81. The stock is currently moving closer to the line, down from 35.7% last week. The 14-week RSI sits at 49, indicating neutral momentum.
Trading volume is running at 1.4x of its 14-week average, which is in the normal range. The balance between buying and selling volume (0.98 ratio) is neutral — neither side is clearly dominating.
Over the past 377 weeks of data, GTES has crossed below its 200-week moving average 8 times. On average, these episodes lasted 22 weeks. Historically, investors who bought GTES at the start of these episodes saw an average one-year return of +16.2%.
With a market cap of $5.6 billion, GTES is a mid-cap stock. The company generates a free cash flow yield of 6.0%, which is healthy. Return on equity stands at 7.9%. The stock trades at 1.6x book value.
The company has been aggressively buying back shares, reducing its share count by 10.3% over the past three years.
Over the past 7.3 years, a hypothetical investment of $100 in GTES would have grown to $162, compared to $291 for the S&P 500. GTES has returned 6.8% annualized vs 15.7% for the index, underperforming the broader market over this period.
Free cash flow has been growing at a 26.8% compound annual rate, with 4 consecutive years of positive cash generation.
Business Health
Annual financials — how the underlying business has performed over the past several years.
Cash Flow Free cash flow & net income ($M)
Revenue Annual revenue ($M) — business growth proxy
Total Debt Balance sheet debt ($M)
ROIC Return on invested capital (%)
FCF Yield Free cash flow / market cap (%) — Yartseva signal
Gross Margin Pricing power & competitive moat (%)
Shares Outstanding Buybacks vs dilution (millions)
Growth of $100: GTES vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After GTES Crosses Below the Line?
Across 8 historical episodes, buying GTES when it crossed below its 200-week moving average produced an average return of +16.4% after 12 months (median +25.0%), compared to +20.2% for the S&P 500 over the same periods. 88% of those episodes were profitable after one year. After 24 months, the average return was +37.0% vs +38.1% for the index.
Each line shows $100 invested at the moment GTES crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
GTES has crossed below its 200-week MA 8 times with an average 1-year return of +16.2% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Dec 2018 | Apr 2019 | 14 | 17.9% | +2.5% | +61.6% |
| Apr 2019 | Dec 2020 | 85 | 55.8% | -52.7% | +35.3% |
| Dec 2020 | Jan 2021 | 2 | 3.4% | +17.9% | +66.1% |
| Apr 2022 | Jan 2023 | 43 | 26.6% | -2.9% | +64.1% |
| Apr 2023 | Apr 2023 | 1 | 1.1% | +34.3% | +69.1% |
| May 2023 | Jun 2023 | 6 | 10.5% | +45.1% | +81.8% |
| Jul 2023 | Dec 2023 | 20 | 19.0% | +27.9% | +65.4% |
| Jan 2024 | Feb 2024 | 7 | 5.5% | +57.9% | +65.3% |
| Average | 22 | — | +16.2% | — |
Frequently Asked Questions
Is GTES below its 200-week moving average?
No. Gates Industrial Corporation plc (GTES) is currently 29.3% above its 200-week moving average of $16.81. It would need to fall to $16.81 to cross below the line.
What is GTES's 200-week moving average price?
Gates Industrial Corporation plc's 200-week moving average is $16.81 as of 2026-03-20. This is the average weekly closing price over roughly the last 4 years, and it acts as a long-term trend line. When a stock drops below this level, it can signal that the price has fallen far enough from the long-term trend to attract value-oriented investors.
What happens when GTES drops below its 200-week moving average?
GTES has crossed below its 200-week moving average 8 times in our data. On average, buying at that moment produced a one-year return of +16.2%. These dips have historically been decent entry points. These episodes lasted 22 weeks on average.
Is GTES a good value right now?
Here's what our data says about GTES as of 2026-03-20: The stock is above its 200-week moving average, so it doesn't currently meet our primary signal. The 14-week RSI is 49. Free cash flow yield is 6.0%. Return on equity is 7.9%. Price-to-book is 1.6x. This is not a buy or sell recommendation — always do your own research.
How does GTES compare to the S&P 500?
Over the past 7.3 years, $100 invested in GTES would have grown to $162, compared to $291 for the S&P 500. That's 6.8% annualized vs 15.7% for the index. GTES has underperformed the broader market over this period.
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of week of 2026-03-20