ESAB Corporation (ESAB)
ESAB Statistics
Share Statistics
ESAB has 60.53M shares outstanding. The number of shares has increased by 0.18% in one year.
| Shares Outstanding | 60.53M |
| Shares Change (YoY) | 0.18% |
| Shares Change (QoQ) | 0.01% |
| Owned by Institutions (%) | 93.86% |
| Shares Floating | 56.66M |
| Failed to Deliver (FTD) Shares | 11 |
| FTD / Avg. Volume | < 0.01% |
Short Selling Information
The latest short interest is 669.29K, so 1.11% of the outstanding shares have been sold short.
| Short Interest | 669.29K |
| Short % of Shares Out | 1.11% |
| Short % of Float | 1.18% |
| Short Ratio (days to cover) | 2.61 |
Valuation Ratios
The PE ratio is 27.37 and the forward PE ratio is 22.77. ESAB's PEG ratio is 0.93.
| PE Ratio | 27.37 |
| Forward PE | 22.77 |
| PS Ratio | 2.64 |
| Forward PS | 2.4 |
| PB Ratio | 4.1 |
| P/FCF Ratio | 23.88 |
| PEG Ratio | 0.93 |
Enterprise Valuation
ESAB Corporation has an Enterprise Value (EV) of 6.23B.
| EV / Earnings | 23.53 |
| EV / Sales | 2.27 |
| EV / EBITDA | 12.41 |
| EV / EBIT | 13.93 |
| EV / FCF | 20.53 |
Financial Position
The company has a current ratio of 1.82, with a Debt / Equity ratio of 0.66.
| Current Ratio | 1.82 |
| Quick Ratio | 1.18 |
| Debt / Equity | 0.66 |
| Total Debt / Capitalization | 39.67 |
| Cash Flow / Debt | 0.31 |
| Interest Coverage | 6.9 |
Financial Efficiency
Return on equity (ROE) is 0.15% and return on capital (ROIC) is 11.91%.
| Return on Equity (ROE) | 0.15% |
| Return on Assets (ROA) | 0.07% |
| Return on Capital (ROIC) | 11.91% |
| Revenue Per Employee | $342,600.38 |
| Profits Per Employee | $33,105.25 |
| Employee Count | 8,000 |
| Asset Turnover | 0.68 |
| Inventory Turnover | 4.22 |
Taxes
| Income Tax | 77.35M |
| Effective Tax Rate | 0.21 |
Stock Price Statistics
The stock price has increased by 4.89% in the last 52 weeks. The beta is 1.31, so ESAB's price volatility has been higher than the market average.
| Beta | 1.31 |
| 52-Week Price Change | 4.89% |
| 50-Day Moving Average | 122.56 |
| 200-Day Moving Average | 112.47 |
| Relative Strength Index (RSI) | 41.14 |
| Average Volume (20 Days) | 328.51K |
Income Statement
In the last 12 months, ESAB had revenue of 2.74B and earned 264.84M in profits. Earnings per share was 4.38.
| Revenue | 2.74B |
| Gross Profit | 1.04B |
| Operating Income | 447.45M |
| Net Income | 264.84M |
| EBITDA | 502.08M |
| EBIT | 447.45M |
| Earnings Per Share (EPS) | 4.38 |
Balance Sheet
The company has 249.36M in cash and 1.16B in debt, giving a net cash position of -913.88M.
| Cash & Cash Equivalents | 249.36M |
| Total Debt | 1.16B |
| Net Cash | -913.88M |
| Retained Earnings | 597.18M |
| Total Assets | 4.03B |
| Working Capital | 516.33M |
Cash Flow
In the last 12 months, operating cash flow was 355.4M and capital expenditures -51.78M, giving a free cash flow of 303.62M.
| Operating Cash Flow | 355.4M |
| Capital Expenditures | -51.78M |
| Free Cash Flow | 303.62M |
| FCF Per Share | 5.02 |
Margins
Gross margin is 37.85%, with operating and profit margins of 16.33% and 9.66%.
| Gross Margin | 37.85% |
| Operating Margin | 16.33% |
| Pretax Margin | 13.51% |
| Profit Margin | 9.66% |
| EBITDA Margin | 18.32% |
| EBIT Margin | 16.33% |
| FCF Margin | 11.08% |
Dividends & Yields
ESAB pays an annual dividend of $0.32, which amounts to a dividend yield of 0.28%.
| Dividend Per Share | $0.32 |
| Dividend Yield | 0.28% |
| Dividend Growth (YoY) | 33.33% |
| Payout Ratio | 6.84% |
| Earnings Yield | 3.78% |
| FCF Yield | 4.32% |
Analyst Forecast
The average price target for ESAB is $130, which is 12.1% higher than the current price. The consensus rating is "Buy".
| Price Target | $130 |
| Price Target Difference | 12.1% |
| Analyst Consensus | Buy |
| Analyst Count | 7 |
Scores
| Altman Z-Score | 3.34 |
| Piotroski F-Score | 6 |