$89.07
-0.15%ESAB Corporation formulates, develops, manufactures, and supplies consumable products and equipment for use in cutting, joining, and automated welding, as well as gas control equipment. Its comprehensive range of welding consumables includes electrodes, cored and solid wires, and fluxes using a range of specialty and other materials; and cutting consumables, including electrodes, nozzles, shields, and tips. The company's fabrication technology equipment ranges from portable welding machines to large customized automated cutting and welding systems. It also offers a range of digital software and solutions to help its customers increase their productivity, remotely monitor their welding operations, and digitize their documentation. The company sells its products under the ESAB brand to various end markets, including general industry, construction, infrastructure, transportation, energy, renewable energy, and medical and life sciences. It offers its products through independent distributors and direct salespeople. ESAB Corporation was incorporated in 2021 and is based in Wilmington, Delaware.
Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation
Base year metrics used for projections
Forecast period and terminal assumptions
Calculation flow from present value to intrinsic value per share
Operating Cash Flow - Maintenance CapEx = Owner Earnings
| Metric | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $183.0M | $128.6M | $90.3M | $63.4M | $44.6M | $31.3M | $22.0M | $15.4M | $10.9M | $7.6M |
| Maintenance CapEx | -$6.6M | -$4.7M | -$3.3M | -$2.3M | -$1.6M | -$1.1M | -$798.2K | -$560.7K | -$393.9K | -$276.7K |
| Owner Earnings | $176.4M | $123.9M | $87.0M | $61.1M | $42.9M | $30.2M | $21.2M | $14.9M | $10.5M | $7.3M |
| Discount Factor | 0.926 | 0.857 | 0.794 | 0.735 | 0.681 | 0.630 | 0.583 | 0.540 | 0.500 | 0.463 |
| Present Value | $163.3M | $106.2M | $69.1M | $44.9M | $29.2M | $19.0M | $12.4M | $8.0M | $5.2M | $3.4M |
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Snapshot
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Value Model
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Statements
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Earnings Call
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Analyst Expectations
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