ESAB Corporation (ESAB)
NYSE: ESAB · IEX Real-Time Price · USD
106.02
+0.23 (0.22%)
Apr 19, 2024, 4:00 PM EDT - Market closed

ESAB Corporation Statistics

Total Valuation

ESAB has a market cap or net worth of $6.40 billion. The enterprise value is $7.31 billion.

Market Cap 6.40B
Enterprise Value 7.31B

Important Dates

The next confirmed earnings date is Wednesday, May 1, 2024, before market open.

Earnings Date May 1, 2024
Ex-Dividend Date Mar 27, 2024

Share Statistics

ESAB has 60.34 million shares outstanding. The number of shares has increased by 0.32% in one year.

Shares Outstanding 60.34M
Shares Change (YoY) +0.32%
Shares Change (QoQ) +0.02%
Owned by Insiders (%) 6.38%
Owned by Institutions (%) 94.27%
Float 56.41M

Valuation Ratios

The trailing PE ratio is 31.55 and the forward PE ratio is 21.57. ESAB's PEG ratio is 1.41.

PE Ratio 31.55
Forward PE 21.57
PS Ratio 2.31
Forward PS 2.29
PB Ratio 3.98
P/FCF Ratio 22.30
PEG Ratio 1.41
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 15.86, with an EV/FCF ratio of 25.49.

EV / Earnings 35.62
EV / Sales 2.64
EV / EBITDA 15.86
EV / EBIT 18.94
EV / FCF 25.49

Financial Position

The company has a current ratio of 1.61, with a Debt / Equity ratio of 0.63.

Current Ratio 1.61
Quick Ratio 0.79
Debt / Equity 0.63
Debt / EBITDA 2.21
Debt / FCF 3.55
Interest Coverage 4.54

Financial Efficiency

Return on equity (ROE) is 13.60% and return on invested capital (ROIC) is 10.50%.

Return on Equity (ROE) 13.60%
Return on Assets (ROA) 5.40%
Return on Capital (ROIC) 10.50%
Revenue Per Employee $308,307
Profits Per Employee $22,809
Employee Count 9,000
Asset Turnover 0.73
Inventory Turnover 4.34

Taxes

In the past 12 months, ESAB has paid $95.73 million in taxes.

Income Tax 95.73M
Effective Tax Rate 31.80%

Stock Price Statistics

The stock price has increased by +80.74% in the last 52 weeks. The beta is 1.48, so ESAB's price volatility has been higher than the market average.

Beta (1Y) 1.48
52-Week Price Change +80.74%
50-Day Moving Average 102.12
200-Day Moving Average 81.83
Relative Strength Index (RSI) 47.76
Average Volume (30 Days) 247,877

Short Selling Information

The latest short interest is 428,607, so 0.71% of the outstanding shares have been sold short.

Short Interest 428,607
Short Previous Month 238,320
Short % of Shares Out 0.71%
Short % of Float 0.76%
Short Ratio (days to cover) 1.43

Income Statement

In the last 12 months, ESAB had revenue of $2.77 billion and earned $205.29 million in profits. Earnings per share was $3.36.

Revenue 2.77B
Gross Profit 1.02B
Operating Income 404.17M
Pretax Income 301.01M
Net Income 205.29M
EBITDA 461.12M
EBIT 386.09M
Earnings Per Share (EPS) $3.36
Full Income Statement

Balance Sheet

The company has $102.00 million in cash and $1.02 billion in debt, giving a net cash position of -$916.05 million or -$15.18 per share.

Cash & Cash Equivalents 102.00M
Total Debt 1.02B
Net Cash -916.05M
Net Cash Per Share -$15.18
Equity / Book Value 1.61B
Book Value Per Share 26.64
Working Capital 377.64M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $330.49 million and capital expenditures -$43.58 million, giving a free cash flow of $286.92 million.

Operating Cash Flow 330.49M
Capital Expenditures -43.58M
Free Cash Flow 286.92M
FCF Per Share $4.76
Full Cash Flow Statement

Margins

Gross margin is 36.61%, with operating and profit margins of 14.57% and 7.40%.

Gross Margin 36.61%
Operating Margin 14.57%
Pretax Margin 10.85%
Profit Margin 7.40%
EBITDA Margin 16.62%
EBIT Margin 13.91%
FCF Margin 10.34%

Dividends & Yields

This stock pays an annual dividend of $0.24, which amounts to a dividend yield of 0.23%.

Dividend Per Share $0.24
Dividend Yield 0.23%
Dividend Growth (YoY) 20.00%
Years of Dividend Growth 2
Payout Ratio 7.14%
Buyback Yield -0.32%
Shareholder Yield -0.10%
Earnings Yield 3.21%
FCF Yield 4.49%
Dividend Details

Analyst Forecast

The average price target for ESAB is $96.29, which is -9.18% lower than the current price. The consensus rating is "Buy".

Price Target $96.29
Price Target Difference -9.18%
Analyst Consensus Buy
Analyst Count 7
Revenue Growth Forecast (5Y) 2.98%
EPS Growth Forecast (5Y) 18.38%
Stock Forecasts

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 3.06 and a Piotroski F-Score of 7.

Altman Z-Score 3.06
Piotroski F-Score 7