ESAB Corporation

ESAB Corporation

ESABยทNYSE

$89.07

-0.15%
IndustrialsManufacturing - Metal Fabrication

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.

At a Glance

Live Snapshot
Market Cap$5.42B
EPS3.7200
P/E Ratio23.94
Earnings Date08/05/2026
ESAB Corporation

ESAB Corporation Fair Value Envelope

ESAB ยท NYSE

Our analysis suggests that ESAB has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $89.07, this represents a potential HIDDEN relative to our calculated worth for ESAB Corporation.

Intrinsic Value
Current Price: $89.07

Owner Earnings Valuation Tool

Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation

Historical Financial Data

Base year metrics used for projections

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Projection Settings

Forecast period and terminal assumptions

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DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value$518.7M
+ Cash & Equivalents$185.9M
Firm Value$704.6M
- Debt$1.4B
Equity Value-$728.7M
/ Shares Outstanding60,710,966B
DCF Value-$12
OVERVALUED BY 113%

Owner Earnings Projections

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
Terminal Value represents 11.2% of Enterprise Value