ESAB Corporation Statistics
Total Valuation
ESAB has a market cap or net worth of $5.91 billion. The enterprise value is $6.82 billion.
| Market Cap | 5.91B |
| Enterprise Value | 6.82B |
Important Dates
The next confirmed earnings date is Friday, August 2, 2024, before market open.
| Earnings Date | Aug 2, 2024 |
| Ex-Dividend Date | Jun 28, 2024 |
Share Statistics
ESAB has 60.42 million shares outstanding. The number of shares has increased by 0.24% in one year.
| Shares Outstanding | 60.42M |
| Shares Change (YoY) | +0.24% |
| Shares Change (QoQ) | +0.11% |
| Owned by Insiders (%) | 6.39% |
| Owned by Institutions (%) | 93.00% |
| Float | 56.50M |
Valuation Ratios
The trailing PE ratio is 25.66 and the forward PE ratio is 18.88. ESAB's PEG ratio is 1.41.
| PE Ratio | 25.66 |
| Forward PE | 18.88 |
| PS Ratio | 2.12 |
| Forward PS | 2.07 |
| PB Ratio | 3.60 |
| P/FCF Ratio | 20.14 |
| PEG Ratio | 1.41 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 14.75, with an EV/FCF ratio of 23.27.
| EV / Earnings | 29.25 |
| EV / Sales | 2.45 |
| EV / EBITDA | 14.75 |
| EV / EBIT | 17.36 |
| EV / FCF | 23.27 |
Financial Position
The company has a current ratio of 1.65, with a Debt / Equity ratio of 0.61.
| Current Ratio | 1.65 |
| Quick Ratio | 0.80 |
| Debt / Equity | 0.61 |
| Debt / EBITDA | 2.15 |
| Debt / FCF | 3.38 |
| Interest Coverage | 4.76 |
Financial Efficiency
Return on equity (ROE) is 14.90% and return on invested capital (ROIC) is 11.75%.
| Return on Equity (ROE) | 14.90% |
| Return on Assets (ROA) | 6.10% |
| Return on Capital (ROIC) | 11.75% |
| Revenue Per Employee | $308,946 |
| Profits Per Employee | $25,926 |
| Employee Count | 9,000 |
| Asset Turnover | 0.73 |
| Inventory Turnover | 4.12 |
Taxes
In the past 12 months, ESAB has paid $77.21 million in taxes.
| Income Tax | 77.21M |
| Effective Tax Rate | 24.86% |
Stock Price Statistics
The stock price has increased by +41.28% in the last 52 weeks. The beta is 1.36, so ESAB's price volatility has been higher than the market average.
| Beta (5Y) | 1.36 |
| 52-Week Price Change | +41.28% |
| 50-Day Moving Average | 99.18 |
| 200-Day Moving Average | 91.41 |
| Relative Strength Index (RSI) | 52.12 |
| Average Volume (20 Days) | 268,732 |
Short Selling Information
The latest short interest is 1.02 million, so 1.69% of the outstanding shares have been sold short.
| Short Interest | 1.02M |
| Short Previous Month | 794,966 |
| Short % of Shares Out | 1.69% |
| Short % of Float | 1.81% |
| Short Ratio (days to cover) | 2.96 |
Income Statement
In the last 12 months, ESAB had revenue of $2.78 billion and earned $233.33 million in profits. Earnings per share was $3.81.
| Revenue | 2.78B |
| Gross Profit | 1.02B |
| Operating Income | 412.00M |
| Pretax Income | 310.54M |
| Net Income | 233.33M |
| EBITDA | 462.75M |
| EBIT | 393.20M |
| Earnings Per Share (EPS) | $3.81 |
Balance Sheet
The company has $76.50 million in cash and $992.80 million in debt, giving a net cash position of -$916.30 million or -$15.16 per share.
| Cash & Cash Equivalents | 76.50M |
| Total Debt | 992.80M |
| Net Cash | -916.30M |
| Net Cash Per Share | -$15.16 |
| Equity (Book Value) | 1.64B |
| Book Value Per Share | 27.15 |
| Working Capital | 411.45M |
Cash Flow
In the last 12 months, operating cash flow was $336.89 million and capital expenditures -$43.60 million, giving a free cash flow of $293.30 million.
| Operating Cash Flow | 336.89M |
| Capital Expenditures | -43.60M |
| Free Cash Flow | 293.30M |
| FCF Per Share | $4.86 |
Margins
Gross margin is 36.81%, with operating and profit margins of 14.82% and 8.39%.
| Gross Margin | 36.81% |
| Operating Margin | 14.82% |
| Pretax Margin | 11.17% |
| Profit Margin | 8.39% |
| EBITDA Margin | 16.64% |
| EBIT Margin | 14.14% |
| FCF Margin | 10.55% |
Dividends & Yields
This stock pays an annual dividend of $0.32, which amounts to a dividend yield of 0.33%.
| Dividend Per Share | $0.32 |
| Dividend Yield | 0.33% |
| Dividend Growth (YoY) | 23.81% |
| Years of Dividend Growth | 2 |
| Payout Ratio | 8.40% |
| Buyback Yield | -0.24% |
| Shareholder Yield | 0.09% |
| Earnings Yield | 3.95% |
| FCF Yield | 4.96% |
Analyst Forecast
The average price target for ESAB is $99.38, which is 1.64% higher than the current price. The consensus rating is "Buy".
| Price Target | $99.38 |
| Price Target Difference | 1.64% |
| Analyst Consensus | Buy |
| Analyst Count | 8 |
| Revenue Growth Forecast (5Y) | 3.59% |
| EPS Growth Forecast (5Y) | 17.54% |
Stock Splits
This stock does not have any record of stock splits.
| Last Split Date | n/a |
| Split Type | n/a |
| Split Ratio | n/a |
Scores
ESAB has an Altman Z-Score of 3 and a Piotroski F-Score of 7.
| Altman Z-Score | 3 |
| Piotroski F-Score | 7 |