Gates Industrial: Structural Growth Underway, Yet The Stock Still Feels Cyclical

Core Insights - Gates Industrial Corporation (GTES) is transitioning from a traditional industrial components supplier to a significant player in electrification, energy efficiency, and digital solutions, which the market currently perceives as cyclical fluctuations [1] Company Overview - GTES is evolving its business model to focus on enabling components that support electrification and energy efficiency, indicating a strategic shift towards more sustainable and technologically advanced solutions [1] Market Perception - The market continues to view GTES's changes as cyclical rather than recognizing the structural transformation taking place within the company [1]