(ESAB) ESAB - NYSE
Sector: Industrials | Industry: Metal Fabrication | Exchange: NYSE (USA) | Market Cap: 5.575m USD | Total Return: -25.7% in 12m
Avg Turnover: 50.2M
EPS Trend: 78.8%
Qual. Beats: 0
Rev. Trend: 67.0%
Qual. Beats: 0
Warnings
No concerns identified
Tailwinds
No distinct edge detected
ESAB Corporation is a global manufacturer specializing in welding consumables, cutting equipment, and gas control systems. Founded in 1904, the Maryland-based company serves diverse industrial markets through a dual distribution model consisting of direct sales and independent distributors.
The company operates within the industrial machinery sector, where revenue is often driven by infrastructure projects and heavy manufacturing cycles. Consumables represent a critical component of the business model, providing a recurring revenue stream as customers require ongoing supplies to operate ESAB hardware.
ESAB maintains a broad geographic footprint with significant operations across Europe, the Middle East, South America, and the Asia-Pacific region. For a deeper look at the companys fundamental metrics, consider reviewing the latest data on ValueRay. This international presence allows the firm to mitigate regional economic downturns by pivoting toward growth in emerging markets.
- Global industrial infrastructure spending drives demand for welding and cutting consumables
- Strategic acquisitions in gas control markets accelerate revenue growth and margin expansion
- Fluctuating raw material costs for steel and alloys impact manufacturing profitability
- Regional economic volatility in emerging markets affects international sales and volume growth
- Shift toward automated welding solutions increases high-margin equipment and software revenue streams
| Net Income: 207.0m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.04 > 0.02 and ΔFCF/TA -3.10 > 1.0 |
| NWC/Revenue: 49.49% < 20% (prev 22.50%; Δ 26.99% < -1%) |
| CFO/TA 0.05 > 3% & CFO 272.1m > Net Income 207.0m |
| Net Debt (1.24b) to EBITDA (492.0m): 2.52 < 3 |
| Current Ratio: 2.97 > 1.5 & < 3 |
| Outstanding Shares: last quarter (60.9m) vs 12m ago 0.70% < -2% |
| Gross Margin: 35.40% > 18% (prev 38.02%; Δ -2.62% > 0.5%) |
| Asset Turnover: 59.13% > 50% (prev 64.71%; Δ -5.58% > 0%) |
| Interest Coverage Ratio: 4.42 > 6 (EBIT TTM 389.6m / Interest Expense TTM 88.1m) |
| A: 0.26 (Total Current Assets 2.17b - Total Current Liabilities 730.0m) / Total Assets 5.62b |
| B: 0.15 (Retained Earnings 842.3m / Total Assets 5.62b) |
| C: 0.08 (EBIT TTM 389.6m / Avg Total Assets 4.92b) |
| D: 0.65 (Book Value of Equity 2.19b / Total Liabilities 3.39b) |
| Altman-Z'' = 3.38 = A |
| DSRI: 1.10 (Receivables 488.5m/414.8m, Revenue 2.91b/2.73b) |
| GMI: 1.07 (GM 38.02% / 35.40%) |
| AQI: 0.88 (AQ_t 0.53 / AQ_t-1 0.60) |
| SGI: 1.07 (Revenue 2.91b / 2.73b) |
| TATA: -0.01 (NI 207.0m - CFO 272.1m) / TA 5.62b) |
| Beneish M = -2.90 (Cap -4..+1) = A |
As of June 15, 2026, the stock is trading at USD 91.57 with a total of 872,210 shares traded.
Over the past week, the price has changed by +4.12%,
over one month by +0.44%,
over three months by -6.76% and
over the past year by -25.73%.
ESAB has received a consensus analysts rating of 3.91. Therefore, it is recommended to buy ESAB.
- StrongBuy: 5
- Buy: 2
- Hold: 3
- Sell: 0
- StrongSell: 1
| Analysts Target Price | 136 | 48.5% |
P/E Trailing = 24.2249
P/E Forward = 15.5763
P/S = 1.9158
P/B = 2.5447
P/EG = 1.2399
Revenue TTM = 2.91b USD
EBIT TTM = 389.6m USD
EBITDA TTM = 492.0m USD
Long Term Debt = 2.03b USD (from longTermDebt, last quarter)
Short Term Debt = 26.1m USD (from shortTermDebt, last quarter)
Debt = 2.24b USD (from shortLongTermDebtTotal, last quarter) + Leases 103.9m
Net Debt = 1.24b USD (calculated: Debt 2.24b - CCE 1.00b)
Enterprise Value = 6.81b USD (5.57b + Debt 2.24b - CCE 1.00b)
Interest Coverage Ratio = 4.42 (Ebit TTM 389.6m / Interest Expense TTM 88.1m)
EV/FCF = 31.20x (Enterprise Value 6.81b / FCF TTM 218.4m)
FCF Yield = 3.20% (FCF TTM 218.4m / Enterprise Value 6.81b)
FCF Margin = 7.50% (FCF TTM 218.4m / Revenue TTM 2.91b)
Net Margin = 7.11% (Net Income TTM 207.0m / Revenue TTM 2.91b)
Gross Margin = 35.40% ((Revenue TTM 2.91b - Cost of Revenue TTM 1.88b) / Revenue TTM)
Gross Margin QoQ = 36.90% (prev 30.47%)
Tobins Q-Ratio = 1.21 (Enterprise Value 6.81b / Total Assets 5.62b)
Interest Expense / Debt = 3.93% (Interest Expense 88.1m / Debt 2.24b)
Taxrate = 20.58% (61.8m / 300.1m)
NOPAT = 309.4m (EBIT 389.6m * (1 - 20.58%))
Current Ratio = 2.97 (Total Current Assets 2.17b / Total Current Liabilities 730.0m)
Debt / Equity = 1.02 (Debt 2.24b / totalStockholderEquity, last quarter 2.19b)
Debt / EBITDA = 2.52 (Net Debt 1.24b / EBITDA 492.0m)
Debt / FCF = 5.67 (Net Debt 1.24b / FCF TTM 218.4m)
Total Stockholder Equity = 2.14b (last 4 quarters mean from totalStockholderEquity)
RoA = 4.21% (Net Income 207.0m / Total Assets 5.62b)
RoE = 9.70% (Net Income TTM 207.0m / Total Stockholder Equity 2.14b)
RoCE = 9.35% (EBIT 389.6m / Capital Employed (Equity 2.14b + L.T.Debt 2.03b))
RoIC = 6.48% (NOPAT 309.4m / Invested Capital 4.78b)
WACC = 8.00% (E(5.57b)/V(7.82b) * Re(9.96%) + D(2.24b)/V(7.82b) * Rd(3.93%) * (1-Tc(0.21)))
Discount Rate = 9.96% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 11.64 | Cagr: 0.47%
[DCF] Terminal Value 73.10% ; FCFF base≈248.9m ; Y1≈218.3m ; Y5≈176.4m
[DCF] Fair Price = 26.14 (EV 2.83b - Net Debt 1.24b = Equity 1.59b / Shares 60.9m; r=8.35% [WACC [floored]]; 5y FCF grow -15.0% → 2.50% )
EPS Correlation: 78.77 | EPS CAGR: 5.63% | SUE: -0.19 | # QB: 0
Revenue Correlation: 67.04 | Revenue CAGR: 1.53% | SUE: 0.83 | # QB: 0
EPS current Quarter (2026-06-30): EPS=1.43 | Chg30d=-4.42% | Revisions=-50% | Analysts=1
EPS next Quarter (2026-09-30): EPS=1.51 | Chg30d=+3.38% | Revisions=+40% | Analysts=1
EPS current Year (2026-12-31): EPS=5.78 | Chg30d=+0.14% | Revisions=-11% | GrowthEPS=+9.7% | GrowthRev=+13.6%
EPS next Year (2027-12-31): EPS=7.07 | Chg30d=+10.24% | Revisions=+45% | GrowthEPS=+22.3% | GrowthRev=+9.5%
[Analyst] Revisions Ratio: -50%