ESAB Corp

Company Profile

ESAB Corp had its IPO on 2022-04-05 under the ticker symbol ESAB.

The company operates in the Industrials sector and Metal Fabrication industry. ESAB Corp has a staff strength of 9,000 employees.

Stock update

Shares of ESAB Corp opened at $69.39 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $69.27 - $70.34, and closed at $69.27.

This is a -0.3% slip from the previous day's closing price.

A total volume of 171,668 shares were traded at the close of the day’s session.

In the last one week, shares of ESAB Corp have slipped by -5.1%.

ESAB Corp's Key Ratios

ESAB Corp has a market cap of $3.70 billion, indicating a price to book ratio of 2.3138 and a price to sales ratio of 1.1185.

In the last 12-months ESAB Corp’s revenue was $2.63 billion with a gross profit of $885.53 million and an EBITDA of $432.60 million. The EBITDA ratio measures ESAB Corp's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, ESAB Corp’s operating margin was 13.78% while its return on assets stood at 5.94% with a return of equity of 10.4%.

In Q1, ESAB Corp’s quarterly earnings growth was a negative -43.2% while revenue growth was a positive 5.6%.

ESAB Corp’s PE and PEG Ratio

Forward PE

10.929

Trailing PE

17.2809

PEG

Its diluted EPS in the last 12-months stands at $3.56 per share while it has a forward price to earnings multiple of 10.929 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into ESAB Corp’s profitability.

ESAB Corp stock is trading at a EV to sales ratio of 1.5515 and a EV to EBITDA ratio of 9.2823. Its price to sales ratio in the trailing 12-months stood at 1.1185.

ESAB Corp stock pays annual dividends of $0.2 per share, indicating a yield of 0.4% and a payout ratio of 5.13%.

Balance sheet and cash flow metrics

Total Assets

$3.85 billion

Total Liabilities

$630.42 million

Operating Cash Flow

$-25749000.00

Capital Expenditure

$7.71 million

Dividend Payout Ratio

5.13%

ESAB Corp ended 2024 with $3.85 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $3.85 billion while shareholder equity stood at $1.42 billion.

ESAB Corp ended 2024 with $0 in deferred long-term liabilities, $630.42 million in other current liabilities, 60000.00 in common stock, $188.10 million in retained earnings and $1.56 billion in goodwill. Its cash balance stood at $82.06 million and cash and short-term investments were $82.06 million. The company’s total short-term debt was $22,808,000 while long-term debt stood at $1.22 billion.

ESAB Corp’s total current assets stands at $1.06 billion while long-term investments were $0 and short-term investments were $0. Its net receivables were $404.13 million compared to accounts payable of $355.33 million and inventory worth $448.34 million.

In 2024, ESAB Corp's operating cash flow was $-25749000.00 while its capital expenditure stood at $7.71 million.

Comparatively, ESAB Corp paid $0.05 in dividends in 2024.

Other key metrics

Current Trading Price

$69.27

52-Week High

$63.55

52-Week Low

$32.0591

Analyst Target Price

$69

ESAB Corp stock is currently trading at $69.27 per share. It touched a 52-week high of $63.55 and a 52-week low of $63.55. Analysts tracking the stock have a 12-month average target price of $69.

Its 50-day moving average was $69.48 and 200-day moving average was $60.01 The short ratio stood at 2.31 indicating a short percent outstanding of 0%.

Around 633.4% of the company’s stock are held by insiders while 9564.8% are held by institutions.