Both in General Industrial Machinery
Gates Industrial vs ESAB
Over the past year GTES returned +7.8% and ESAB returned −29.7%; their daily moves had a correlation of 0.59.
GTES +7.8% ESAB −29.7%Growth of $1, one year, split-adjusted
| Metric | GTES | ESAB |
|---|---|---|
| Price | $23.56 | $79.12 |
| Market cap | $5.92B | $4.92B |
| Today | −3.68% | +0.97% |
| 1 month | −14.0% | +17.9% |
| 6 months | −9.3% | −22.7% |
| Year to date | +9.7% | −29.2% |
| 1 year | +9.7% | −29.1% |
| Revenue growth (YoY) | +5.6% | +13.3% |
| Gross margin | 42.4% | 39.3% |
| Net margin | 9.6% | 4.4% |
| P/E (TTM) | 16.1× | 32.5× |
| Price / sales | 1.7× | 1.6× |
| Net cash | -$1.39B | -$2.14B |
| Dividend yield | — | 0.61% |
| Volatility (60d) | 36.3% | 47.1% |
| Short % of float | 4.7% | 8.1% |
| Next earnings | — | — |
Shading marks the stronger figure where one clearly exists (lower is better for valuation and volatility).