-0.32%
4.66%
0.32%
29.01%
40.06%
147.68%
147.68%
AI Spotlight on ESAB
Company 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.
Market Data
| Last Price | 123.84 |
| Change Percentage | -0.32% |
| Open | 124.51 |
| Previous Close | 124.24 |
| Market Cap ( Millions) | 7486 |
| Volume | 156063 |
| Year High | 135.97 |
| Year Low | 87 |
| M A 50 | 124.11 |
| M A 200 | 109.06 |
Financial Ratios
| FCF Yield | 4.07% |
| Dividend Yield | 0.24% |
| ROE | 15.39% |
| Debt / Equity | 63.77% |
| Net Debt / EBIDTA | 201.34% |
| Price To Book | 4.07 |
| Price Earnings Ratio | 28.64 |
| Price To FCF | 24.58 |
| Price To sales | 2.71 |
| EV / EBITDA | 18.43 |
News
- Jan -23 - ESAB Corporation Schedules Fourth Quarter 2024 Earnings Release and Conference Call
- Jan -06 - Down -8.16% in 4 Weeks, Here's Why You Should You Buy the Dip in Esab (ESAB)
- Dec -17 - ESAB Corporation Board Declares Dividend
- Nov -30 - ESAB Can Continue To Outperform
- Nov -22 - 4 Metal Fabrication Stocks to Watch Amid Improving Industry Trends
- Nov -14 - NHYDY vs. ESAB: Which Stock Should Value Investors Buy Now?
- Nov -05 - Are Industrial Products Stocks Lagging ESAB Corporation (ESAB) This Year?
- Oct -29 - ESAB Corporation (ESAB) Q3 2024 Earnings Call Transcript
- Oct -29 - Esab (ESAB) Surpasses Q3 Earnings and Revenue Estimates
- Oct -29 - ESAB Corporation Announces Third Quarter 2024 Results
- Oct -11 - Anglo American PLC, ESAB Corp. and Billionaire Mohed Altrad to Stand Trial for Cape Asbestos Liabilities
- Oct -07 - ESAB Corporation Schedules Third Quarter 2024 Earnings Release and Conference Call
- Oct -04 - SKFRY or ESAB: Which Is the Better Value Stock Right Now?
- Sep -18 - SKFRY or ESAB: Which Is the Better Value Stock Right Now?
- Sep -12 - ESAB Corporation Board Declares Dividend
- Aug -30 - 4 Metal Fabrication Stocks to Watch Despite Industry Woes
- Aug -15 - InduSuiteTM Launches FloCloud, a Cloud-Based Gas Monitoring Software
- Aug -13 - ESAB: Good Execution, Strength In Emerging Markets And Accretive M&A Make Me Bullish
- Aug -12 - 3 Robotics Stocks to Buy and Hold for the Potential of Huge Returns
- Aug -02 - ESAB Corporation (ESAB) Q2 2024 Earnings Call Transcript
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Consumables
Expected Growth : 2.5 %
What the company do ?
ESAB Corporation's Consumables segment offers a range of welding consumables, including electrodes, fluxes, and welding wires for various industries.
Why we expect these perspectives ?
ESAB Corporation's Consumables segment growth of 2.5% is driven by increasing demand for welding and cutting solutions in the manufacturing and construction industries, coupled with the company's strategic expansion into emerging markets and continuous product innovation, resulting in market share gains and pricing power.
Segment n°2 -> Equipment
Expected Growth : 3.5 %
What the company do ?
ESAB Corporation's equipment includes welding machines, cutters, and automation systems for industrial manufacturing and fabrication processes.
Why we expect these perspectives ?
ESAB Corporation's equipment segment growth is driven by increasing demand for welding and cutting solutions in the infrastructure, construction, and manufacturing industries. The company's focus on innovation, quality, and customer service has enabled it to gain market share and expand its product offerings, resulting in a 3.5% growth rate.
Esab Corporation Products
| Product Range | What is it ? |
|---|---|
| Welding Consumables | ESAB offers a wide range of welding consumables, including electrodes, fluxes, and welding wires for various welding processes such as Shielded Metal Arc Welding (SMAW), Gas Metal Arc Welding (GMAW), Gas Tungsten Arc Welding (GTAW), and Flux Cored Arc Welding (FCAW). |
| Welding Equipment | ESAB provides a comprehensive range of welding equipment, including welding machines, welding guns, and welding accessories for MIG, TIG, and ARC welding processes. |
| Cutting Systems | ESAB offers a range of cutting systems, including plasma cutting, oxy-fuel cutting, and laser cutting systems for various industrial applications. |
| Welding Automation | ESAB provides welding automation solutions, including robotic welding cells and welding automation systems for high-volume production. |
| Welding Safety and Protection | ESAB offers a range of welding safety and protection products, including welding helmets, welding gloves, and welding safety glasses. |
ESAB Corporation's Porter Forces
Threat Of Substitutes
ESAB Corporation faces moderate threat from substitutes due to the availability of alternative welding and cutting products from competitors.
Bargaining Power Of Customers
ESAB Corporation's customers have limited bargaining power due to the company's strong brand reputation and wide distribution network.
Bargaining Power Of Suppliers
ESAB Corporation's suppliers have moderate bargaining power due to the company's dependence on a few key suppliers for raw materials.
Threat Of New Entrants
ESAB Corporation faces low threat from new entrants due to the high barriers to entry in the welding and cutting industry.
Intensity Of Rivalry
ESAB Corporation operates in a highly competitive industry with intense rivalry among established players, leading to high marketing and advertising expenses.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 39.30% |
| Debt Cost | 9.76% |
| Equity Weight | 60.70% |
| Equity Cost | 11.37% |
| WACC | 10.73% |
| Leverage | 64.75% |
ESAB Corporation : Quality Control
ESAB Corporation passed 5 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| CRS | Carpenter Technology Corporation engages in the manufacture, fabrication, and distribution of specialty metals in the United States, Europe, the Asia Pacific, Mexico, Canada, and internationally. It operates in two segments, … |
| WOR | Worthington Industries, Inc., an industrial manufacturing company, focuses on value-added steel processing, manufactured consumer, building, and sustainable mobility products in North America and internationally. It operates through Steel Processing, Consumer … |
| MLI | Mueller Industries, Inc. manufactures and sells copper, brass, aluminum, and plastic products in the United States, the United Kingdom, Canada, South Korea, the Middle East, China, and Mexico. It operates … |
| AZZ | AZZ Inc. offers galvanizing and metal coating solutions, welding solutions, specialty electrical equipment, and engineered services to the power generation, transmission, distribution, refining, and industrial markets in the United States … |
| ATI | ATI Inc. manufactures and sells specialty materials and components worldwide. The company operates in two segments: High Performance Materials & Components (HPMC) and Advanced Alloys & Solutions (AA&S). The HPMC … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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Mueller Industries
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AZZ
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Carpenter Technology
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4
Worthington Industries
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5
ESAB
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1-Year Total Return ->
6
