image
Industrials - Manufacturing - Metal Fabrication - NYSE - US
$ 124.11
-1.84 %
$ 7.5 B
Market Cap
27.89
P/E
1. INTRINSIC VALUE

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.[ Read More ]

The intrinsic value of one ESAB stock under the base case scenario is HIDDEN Compared to the current market price of 124 USD, ESAB Corporation is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart ESAB

image
FINANCIALS
2.77 B REVENUE
6.99%
404 M OPERATING INCOME
22.82%
216 M NET INCOME
-5.24%
330 M OPERATING CASH FLOW
54.18%
-62.2 M INVESTING CASH FLOW
66.25%
-220 M FINANCING CASH FLOW
-2907.46%
673 M REVENUE
-4.78%
106 M OPERATING INCOME
-14.59%
69.8 M NET INCOME
-16.93%
101 M OPERATING CASH FLOW
21.71%
-77.3 M INVESTING CASH FLOW
-648.51%
-5.7 M FINANCING CASH FLOW
-7.11%
Balance Sheet Decomposition ESAB Corporation
image
Current Assets 998 M
Cash & Short-Term Investments 102 M
Receivables 385 M
Other Current Assets 511 M
Non-Current Assets 2.83 B
Long-Term Investments 9.52 M
PP&E 390 M
Other Non-Current Assets 2.43 B
Current Liabilities 620 M
Accounts Payable 307 M
Short-Term Debt 22.8 M
Other Current Liabilities 291 M
Non-Current Liabilities 1.56 B
Long-Term Debt 1.09 B
Other Non-Current Liabilities 466 M
EFFICIENCY
Earnings Waterfall ESAB Corporation
image
Revenue 2.77 B
Cost Of Revenue 1.76 B
Gross Profit 1.02 B
Operating Expenses 587 M
Operating Income 404 M
Other Expenses 188 M
Net Income 216 M
RATIOS
36.61% GROSS MARGIN
36.61%
14.57% OPERATING MARGIN
14.57%
7.40% NET MARGIN
7.40%
12.77% ROE
12.77%
5.36% ROA
5.36%
10.78% ROIC
10.78%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis ESAB Corporation
image
Net Income 216 M
Depreciation & Amortization 69.7 M
Capital Expenditures -48.2 M
Stock-Based Compensation 16.1 M
Change in Working Capital 52.5 M
Others 61.9 M
Free Cash Flow 282 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets ESAB Corporation
image
Wall Street analysts predict an average 1-year price target for ESAB of $118 , with forecasts ranging from a low of $115 to a high of $120 .
ESAB Lowest Price Target Wall Street Target
115 USD -7.34%
ESAB Average Price Target Wall Street Target
118 USD -5.33%
ESAB Highest Price Target Wall Street Target
120 USD -3.31%
4. DIVIDEND ANALYSIS
0.08% DIVIDEND YIELD
0.08 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership ESAB Corporation
image
Sold
0-3 MONTHS
8.43 M USD 3
3-6 MONTHS
0 USD 0
6-9 MONTHS
1.9 M USD 4
9-12 MONTHS
1.07 M USD 3
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
2 weeks ago
Oct 30, 2024
Sell 532 K USD
Jordan Rhonda L
Director
- 4254
125.0297 USD
2 weeks ago
Oct 29, 2024
Sell 630 K USD
Johnson Kevin J
Chief Financial Officer
- 5044
125 USD
2 weeks ago
Oct 29, 2024
Sell 1.23 M USD
Kambeyanda Shyam
President and CEO
- 10202
120.4566 USD
2 weeks ago
Oct 29, 2024
Sell 485 K USD
Kambeyanda Shyam
President and CEO
- 4000
121.2946 USD
2 weeks ago
Oct 29, 2024
Sell 920 K USD
Kambeyanda Shyam
President and CEO
- 7500
122.6091 USD
2 weeks ago
Oct 29, 2024
Sell 1.34 M USD
Kambeyanda Shyam
President and CEO
- 10849
123.7538 USD
2 weeks ago
Oct 29, 2024
Sell 301 K USD
Kambeyanda Shyam
President and CEO
- 2500
120.519 USD
2 weeks ago
Oct 29, 2024
Sell 146 K USD
Kambeyanda Shyam
President and CEO
- 1200
121.3367 USD
2 weeks ago
Oct 29, 2024
Sell 245 K USD
Kambeyanda Shyam
President and CEO
- 2000
122.5368 USD
2 weeks ago
Oct 29, 2024
Sell 391 K USD
Kambeyanda Shyam
President and CEO
- 3159
123.6617 USD
2 weeks ago
Oct 29, 2024
Sell 1.29 M USD
Kambeyanda Shyam
President and CEO
- 10361
124.6002 USD
2 weeks ago
Oct 29, 2024
Sell 408 K USD
Kambeyanda Shyam
President and CEO
- 3271
124.6097 USD
2 weeks ago
Oct 29, 2024
Sell 53.7 K USD
Kambeyanda Shyam
President and CEO
- 428
125.5578 USD
2 weeks ago
Oct 29, 2024
Sell 458 K USD
Kambeyanda Shyam
President and CEO
- 3650
125.5433 USD
8 months ago
Mar 06, 2024
Sell 85.2 K USD
Vinnakota Rajiv
Director
- 856
99.5 USD
8 months ago
Mar 01, 2024
Sell 249 K USD
Teirlinck Didier P
Director
- 2512
99 USD
8 months ago
Mar 01, 2024
Sell 82.6 K USD
Jordan Rhonda L
Director
- 843
98.01 USD
8 months ago
Mar 01, 2024
Sell 738 K USD
Hix Christopher M
Director
- 7464
98.91 USD
8 months ago
Mar 04, 2024
Sell 72.2 K USD
Hix Christopher M
Director
- 730
98.85 USD
8 months ago
Mar 04, 2024
Sell 87.5 K USD
Hix Christopher M
Director
- 878
99.66 USD
8 months ago
Mar 04, 2024
Sell 51.5 K USD
Hix Christopher M
Director
- 520
99.08 USD
8 months ago
Mar 04, 2024
Sell 31.6 K USD
Hix Christopher M
Director
- 317
99.82 USD
8 months ago
Mar 04, 2024
Sell 230 K USD
Hix Christopher M
Director
- 2327
98.83 USD
8 months ago
Mar 04, 2024
Sell 268 K USD
Hix Christopher M
Director
- 2693
99.65 USD
11 months ago
Dec 14, 2023
Sell 85.4 K USD
Biebuyck Olivier
President, Fab Tech
- 1000
85.387 USD
11 months ago
Dec 08, 2023
Sell 543 K USD
Kambeyanda Shyam
President and CEO
- 6702
81.07 USD
11 months ago
Dec 07, 2023
Sell 403 K USD
Campion Michele
Chief Human Resources Officer
- 4934
81.718 USD
1 year ago
Nov 14, 2023
Sell 40.7 K USD
Biebuyck Olivier
President, Fab Tech
- 519
78.45 USD
1 year ago
Nov 03, 2023
Sell 42.8 K USD
Biebuyck Olivier
President, Fab Tech
- 571
74.99 USD
1 year ago
Nov 02, 2023
Sell 39 K USD
Jordan Rhonda L
Director
- 539
72.39 USD
1 year ago
Sep 18, 2023
Sell 38.6 K USD
Biebuyck Olivier
President, Fab Tech
- 535
72.09 USD
1 year ago
Sep 13, 2023
Sell 31.7 K USD
Biebuyck Olivier
President, Fab Tech
- 460
68.98 USD
1 year ago
Aug 03, 2023
Sell 45.6 K USD
Johnson Kevin J
Chief Financial Officer
- 636
71.74 USD
1 year ago
Jun 09, 2023
Sell 484 K USD
Hix Christopher M
Director
- 7500
64.5 USD
1 year ago
May 05, 2023
Sell 119 K USD
ALLENDER PATRICK W
Director
- 1964
60.35 USD
1 year ago
Mar 10, 2023
Sell 116 K USD
Vinnakota Rajiv
Director
- 1905
60.727 USD
1 year ago
Mar 09, 2023
Sell 234 K USD
Jordan Rhonda L
Director
- 3810
61.387 USD
1 year ago
Feb 27, 2023
Sell 52.3 K USD
Hix Christopher M
Director
- 908
57.65 USD
1 year ago
Feb 27, 2023
Sell 220 K USD
Hix Christopher M
Director
- 3813
57.65 USD
1 year ago
Feb 23, 2023
Sell 48.2 K USD
Hix Christopher M
Director
- 837
57.62 USD
1 year ago
Feb 21, 2023
Sell 93 K USD
Hix Christopher M
Director
- 1609
57.82 USD
1 year ago
Jan 24, 2023
Sell 89.8 K USD
Johnson Kevin J
Chief Financial Officer
- 1597
56.22 USD
1 year ago
Dec 14, 2022
Sell 93.4 K USD
Hix Christopher M
Director
- 1965
47.55 USD
2 years ago
Nov 16, 2022
Bought 20 M USD
RALES MITCHELL P
Director
+ 500000
40 USD
2 years ago
Aug 08, 2022
Sell 10.7 K USD
Biebuyck Olivier
President, EMEA
- 246
43.62 USD
2 years ago
Jul 27, 2022
Sell 18.6 K USD
Biebuyck Olivier
President, EMEA
- 456
40.7 USD
2 years ago
Jul 27, 2022
Sell 13.9 K USD
Jewell Curtis E
SVP, General Counsel
- 342
40.7 USD
2 years ago
Jul 27, 2022
Sell 18.6 K USD
Johnson Kevin J
Chief Financial Officer
- 456
40.7 USD
2 years ago
Jul 25, 2022
Sell 12.7 K USD
Johnson Kevin J
Chief Financial Officer
- 308
41.224 USD
2 years ago
Jul 25, 2022
Sell 12.6 K USD
Biebuyck Olivier
President, EMEA
- 305
41.224 USD
2 years ago
Jul 25, 2022
Sell 9.52 K USD
Jewell Curtis E
SVP, General Counsel
- 231
41.224 USD
2 years ago
Jun 03, 2022
Bought 1.84 K USD
Johnson Kevin J
Chief Financial Officer
+ 38
48.31 USD
7. News
NHYDY vs. ESAB: Which Stock Should Value Investors Buy Now? Investors with an interest in Metal Products - Procurement and Fabrication stocks have likely encountered both Norsk Hydro ASA (NHYDY) and Esab (ESAB). But which of these two stocks presents investors with the better value opportunity right now? zacks.com - 2 days ago
Esab (ESAB) Is Up 12.19% in One Week: What You Should Know Does Esab (ESAB) have what it takes to be a top stock pick for momentum investors? Let's find out. zacks.com - 1 week ago
Are Industrial Products Stocks Lagging ESAB Corporation (ESAB) This Year? Here is how Esab (ESAB) and Generac Holdings (GNRC) have performed compared to their sector so far this year. zacks.com - 1 week ago
ESAB Corporation (ESAB) Q3 2024 Earnings Call Transcript ESAB Corporation (NYSE:ESAB ) Q3 2024 Earnings Conference Call October 29, 2024 8:00 AM ET Company Participants Mark Barbalato - Vice President of Investor Relations Shyam Kambeyanda - President & Chief Executive Officer Kevin Johnson - Chief Financial Officer Conference Call Participants Mig Dobre - Baird Adam Farley - Stifel Tami Zakaria - JPMorgan David Raso - Evercore Chris Dankert - Loop Capital Bryan Blair - Oppenheimer Operator Thank you for standing by. At this time, I would like to welcome everyone to today's ESAB Corporation Third Quarter 2024 Earnings Call. seekingalpha.com - 2 weeks ago
Esab (ESAB) Surpasses Q3 Earnings and Revenue Estimates Esab (ESAB) came out with quarterly earnings of $1.25 per share, beating the Zacks Consensus Estimate of $1.12 per share. This compares to earnings of $1.08 per share a year ago. zacks.com - 2 weeks ago
ESAB Corporation Announces Third Quarter 2024 Results NORTH BETHESDA, Md.--(BUSINESS WIRE)---- $ESAB #3Q2024Earnings--ESAB Corporation Announces Third Quarter 2024 Results. businesswire.com - 2 weeks ago
Esab (ESAB) Earnings Expected to Grow: Should You Buy? Esab (ESAB) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. zacks.com - 3 weeks ago
SKFRY vs. ESAB: Which Stock Is the Better Value Option? Investors interested in stocks from the Metal Products - Procurement and Fabrication sector have probably already heard of AB SKF (SKFRY) and Esab (ESAB). But which of these two stocks presents investors with the better value opportunity right now? zacks.com - 3 weeks ago
Anglo American PLC, ESAB Corp. and Billionaire Mohed Altrad to Stand Trial for Cape Asbestos Liabilities COLUMBIA, S.C.--(BUSINESS WIRE)--A South Carolina court has set a trial date of Feb. 3, 2025, to determine whether Anglo-American, PLC (OTCQX: NGLOY), ESAB Corp. (NYSE: ESAB) and billionaire businessman Mohed Altrad, among others, can be held responsible for billions of dollars of liabilities stemming from asbestos that Cape Asbestos sent to companies in the United States and South Carolina for decades. A court-appointed receiver in June 2023 filed suit against numerous entities including Anglo. businesswire.com - 1 month ago
ESAB Corporation Schedules Third Quarter 2024 Earnings Release and Conference Call NORTH BETHESDA, Md.--(BUSINESS WIRE)---- $ESAB #3Q2024Earnings--ESAB Corporation Schedules Third Quarter 2024 Earnings Release and Conference Call. businesswire.com - 1 month ago
SKFRY or ESAB: Which Is the Better Value Stock Right Now? Investors with an interest in Metal Products - Procurement and Fabrication stocks have likely encountered both AB SKF (SKFRY) and Esab (ESAB). But which of these two stocks offers value investors a better bang for their buck right now? zacks.com - 1 month ago
SKFRY or ESAB: Which Is the Better Value Stock Right Now? Investors interested in Metal Products - Procurement and Fabrication stocks are likely familiar with AB SKF (SKFRY) and Esab (ESAB). But which of these two stocks offers value investors a better bang for their buck right now? zacks.com - 1 month ago
8. Profile Summary

ESAB Corporation ESAB

image
COUNTRY US
INDUSTRY Manufacturing - Metal Fabrication
MARKET CAP $ 7.5 B
Dividend Yield 0.08%
Description 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.
Contact 909 Rose Avenue, North Bethesda, MD, 20852 https://www.esab.com
IPO Date March 29, 2022
Employees 7700
Officers Mr. Curtis E. Jewell Senior Vice President, General Counsel & Corporate Secretary Mr. Vusa Mlingo Senior Vice President of Strategy & Business Development Mr. Piyush Sheth Vice President & GM of Gas Control Ms. Tilea Coleman Vice President of Corporate Communications Mr. Olivier Biebuyck President of Fabrication Technology Ms. Michele Campion Senior Vice President & Chief Human Resources Officer Mr. Shyam P. Kambeyanda President, Chief Executive Officer & Director Ms. Eleanor L. Lukens President of Americas Mr. Kevin J. Johnson FCPA (Aust) Executive Vice President & Chief Financial Officer Mr. Renato Negro Chief Accounting Officer