When Should You Buy Gates Industrial Corporation Plc (NYSE:GTES)?
When Should You Buy Gates Industrial Corporation Plc (NYSE:GTES)?
While Gates Industrial Corporation plc (NYSE:GTES) might not have the largest market cap around , it received a lot of attention from a substantial price increase on the NYSE over the last few months. The company is now trading at yearly-high levels following the recent surge in its share price. With many analysts covering the mid-cap stock, we may expect any price-sensitive announcements have already been factored into the stock's share price. But what if there is still an opportunity to buy? Today we will analyse the most recent data on Gates Industrial's outlook and valuation to see if the opportunity still exists.
儘管Gates Industrial Corporation plc (紐交所:GTES)的市值可能並不是最高的,但在過去幾個月紐約證券交易所上發生了大幅上漲,公司現在正在交易到年內的高位,緊隨其股價最近的激增。許多分析師關注這隻中型股,我們可能預計任何具有價格敏感性的公告已經被納入股價中。但如果仍有購買機會呢?今天我們將分析Gates Industrial展望和估值的最新數據,看看機會是否仍然存在。
What Is Gates Industrial Worth?
Gates Industrial價值是多少?
The share price seems sensible at the moment according to our price multiple model, where we compare the company's price-to-earnings ratio to the industry average. We've used the price-to-earnings ratio in this instance because there's not enough visibility to forecast its cash flows. The stock's ratio of 25.85x is currently trading slightly above its industry peers' ratio of 22.62x, which means if you buy Gates Industrial today, you'd be paying a relatively reasonable price for it. And if you believe Gates Industrial should be trading in this range, then there isn't really any room for the share price grow beyond the levels of other industry peers over the long-term. So, is there another chance to buy low in the future? Given that Gates Industrial's share is fairly volatile (i.e. its price movements are magnified relative to the rest of the market) this could mean the price can sink lower, giving us an opportunity to buy later on. This is based on its high beta, which is a good indicator for share price volatility.
根據我們的價格倍數模型,目前的股價看起來是合理的,在這裏我們將公司的市盈率與行業平均值進行比較。我們在這個例子中使用市盈率,因爲沒有足夠的可見性來預測其現金流。目前,該股的市盈率爲25.85倍,略高於行業同行的22.62倍,這意味着如果今天購買Gates Industrial,您將爲此付出一個相對合理的價格。如果您認爲Gates Industrial應該在這個區間內交易,那麼股價在長期內就沒有超過其他行業同行的可能性了。那麼,在未來還有購買低價的機會嗎?鑑於Gates Industrial的股價相當波動(即其價格變動相對於市場其他部分被放大),這可能意味着價格還會下跌,給我們在稍後買入的機會。這是基於其高β值,這是股價波動性的良好指標。
Can we expect growth from Gates Industrial?
我們能期待Gates Industrial的增長嗎?
Future outlook is an important aspect when you're looking at buying a stock, especially if you are an investor looking for growth in your portfolio. Although value investors would argue that it's the intrinsic value relative to the price that matter the most, a more compelling investment thesis would be high growth potential at a cheap price. Gates Industrial's earnings over the next few years are expected to double, indicating a very optimistic future ahead. This should lead to stronger cash flows, feeding into a higher share value.
未來展望是在購買股票時需要考慮的重要因素,特別是如果您是尋求投資組合增長的投資者。儘管價值投資者會認爲,相對於價格而言,內在價值才是最重要的,但一個更具說服力的投資論點將是高增長潛力以低廉價格。未來幾年,Gates Industrial的收益預計將翻番,預示着一個非常樂觀的未來。這應該將導致更強大的現金流,反哺更高的股價價值。
What This Means For You
這對您意味着什麼?
Are you a shareholder? GTES's optimistic future growth appears to have been factored into the current share price, with shares trading around industry price multiples. However, there are also other important factors which we haven't considered today, such as the track record of its management team. Have these factors changed since the last time you looked at GTES? Will you have enough conviction to buy should the price fluctuate below the industry PE ratio?
您是股東嗎?GTES樂觀的未來增長似乎已經反映在當前股價中,股票交易在行業價格區間附近。然而,還有其他重要因素,今天我們尚未考慮,例如管理團隊的歷史記錄。這些因素自您上次關注GTES以來有何變化?如果股價波動低於行業市盈率,您將有足夠的信心買入嗎?
Are you a potential investor? If you've been keeping tabs on GTES, now may not be the most optimal time to buy, given it is trading around industry price multiples. However, the positive outlook is encouraging for GTES, which means it's worth further examining other factors such as the strength of its balance sheet, in order to take advantage of the next price drop.
您是潛在投資者嗎?如果您一直關注GTES,現在可能不是最理想的買入時機,因爲它的股價約在行業價格區間交易。然而,GTES的積極展望令人鼓舞,這意味着值得進一步檢查其他因素,例如其資產負債表的實力,以利用下一次價格下跌。
If you want to dive deeper into Gates Industrial, you'd also look into what risks it is currently facing. While conducting our analysis, we found that Gates Industrial has 1 warning sign and it would be unwise to ignore it.
如果您希望更深入地了解Gates Industrial,您還應該考慮它目前面臨的風險。在我們的分析中,我們發現Gates Industrial有1個警示信號,忽略它是不明智的。
If you are no longer interested in Gates Industrial, you can use our free platform to see our list of over 50 other stocks with a high growth potential.
如果您對Gates Industrial不再感興趣,您可以使用我們的免費平台查看我們超過50只其他具有高增長潛力的股票清單。
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
對本文有任何反饋?對內容有任何疑慮?請直接與我們聯繫。或者,發送電子郵件至editorial-team@simplywallst.com。
這篇文章是Simply Wall St的一般性文章。我們根據歷史數據和分析師預測提供評論,只使用公正的方法論,我們的文章並不意味着提供任何金融建議。文章不構成買賣任何股票的建議,也不考慮您的目標或您的財務狀況。我們的目標是帶給您基本數據驅動的長期關注分析。請注意,我們的分析可能不考慮最新的價格敏感公司公告或定性材料。Simply Wall St沒有任何股票頭寸。
譯文內容由第三人軟體翻譯。