Esab Corp Stock EBITDA
| ESAB Stock | USD 104.94 1.44 1.39% |
ESAB Corp fundamentals help investors to digest information that contributes to ESAB Corp's financial success or failures. It also enables traders to predict the movement of ESAB Stock. The fundamental analysis module provides a way to measure ESAB Corp's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to ESAB Corp stock.
| Last Reported | Projected for Next Year | ||
| EBITDA | 498 M | 449 M |
ESAB | EBITDA |
ESAB Corp Company EBITDA Analysis
ESAB Corp's EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
Current ESAB Corp EBITDA | 497.98 M |
Most of ESAB Corp's fundamental indicators, such as EBITDA, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, ESAB Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
ESAB EBITDA Driver Correlations
Understanding the fundamental principles of building solid financial models for ESAB Corp is extremely important. It helps to project a fair market value of ESAB Stock properly, considering its historical fundamentals such as EBITDA. Since ESAB Corp's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of ESAB Corp's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of ESAB Corp's interrelated accounts and indicators.
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ESAB EBITDA Historical Pattern
Today, most investors in ESAB Corp Stock are looking for potential investment opportunities by analyzing not only static indicators but also various ESAB Corp's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's ebitda growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of ESAB Corp ebitda as a starting point in their analysis.
ESAB Corp EBITDA |
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In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
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ESAB Ebitda
Ebitda |
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According to the company disclosure, ESAB Corp reported earnings before interest,tax, depreciation and amortization of 497.98 M. This is 14.52% lower than that of the Machinery sector and significantly higher than that of the Industrials industry. The ebitda for all United States stocks is 87.23% higher than that of the company.
ESAB EBITDA Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses ESAB Corp's direct or indirect competition against its EBITDA to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of ESAB Corp could also be used in its relative valuation, which is a method of valuing ESAB Corp by comparing valuation metrics of similar companies.ESAB Corp is currently under evaluation in ebitda category among related companies.
ESAB Corp Institutional Holders
Institutional Holdings refers to the ownership stake in ESAB Corp that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of ESAB Corp's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing ESAB Corp's value.| Shares | Alliancebernstein L.p. | 2023-12-31 | 1.1 M | Geode Capital Management, Llc | 2023-12-31 | 884.8 K | Cardinal Capital Management Llc | 2023-12-31 | 805.1 K | Davenport & Company Llc | 2023-12-31 | 769.6 K | Royce & Associates, Lp | 2023-12-31 | 754.1 K | Eagle Asset Management, Inc. | 2023-12-31 | 562.5 K | Timessquare Capital Management, Llc | 2023-12-31 | 547.2 K | Northern Trust Corp | 2023-12-31 | 532.9 K | Charles Schwab Investment Management Inc | 2023-12-31 | 499.6 K | T. Rowe Price Investment Management,inc. | 2023-12-31 | 8.4 M | T. Rowe Price Associates, Inc. | 2023-12-31 | 5.8 M |
ESAB Fundamentals
| Return On Equity | 0.16 | |||
| Return On Asset | 0.0736 | |||
| Profit Margin | 0.08 % | |||
| Operating Margin | 0.16 % | |||
| Current Valuation | 7.4 B | |||
| Shares Outstanding | 60.42 M | |||
| Shares Owned By Insiders | 6.37 % | |||
| Shares Owned By Institutions | 94.11 % | |||
| Number Of Shares Shorted | 540.95 K | |||
| Price To Earning | 13.25 X | |||
| Price To Book | 4.06 X | |||
| Price To Sales | 2.35 X | |||
| Revenue | 2.77 B | |||
| Gross Profit | 885.53 M | |||
| EBITDA | 497.98 M | |||
| Net Income | 216.07 M | |||
| Cash And Equivalents | 53.48 M | |||
| Cash Per Share | 0.89 X | |||
| Total Debt | 1.12 B | |||
| Debt To Equity | 1.00 % | |||
| Current Ratio | 1.62 X | |||
| Book Value Per Share | 27.16 X | |||
| Cash Flow From Operations | 330.49 M | |||
| Short Ratio | 1.71 X | |||
| Earnings Per Share | 4.02 X | |||
| Price To Earnings To Growth | 1.41 X | |||
| Target Price | 116.33 | |||
| Number Of Employees | 9 K | |||
| Beta | 1.48 | |||
| Market Capitalization | 6.34 B | |||
| Total Asset | 3.83 B | |||
| Retained Earnings | 350.56 M | |||
| Working Capital | 377.64 M | |||
| Annual Yield | 0 % | |||
| Net Asset | 3.83 B | |||
| Last Dividend Paid | 0.24 |
About ESAB Corp Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze ESAB Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ESAB Corp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ESAB Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
ESAB Corp Investors Sentiment
The influence of ESAB Corp's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in ESAB. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to ESAB Corp's public news can be used to forecast risks associated with an investment in ESAB. The trend in average sentiment can be used to explain how an investor holding ESAB can time the market purely based on public headlines and social activities around ESAB Corp. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
ESAB Corp's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for ESAB Corp's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average ESAB Corp's news discussions. The higher the estimated score, the more favorable is the investor's outlook on ESAB Corp.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards ESAB Corp in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, ESAB Corp's short interest history, or implied volatility extrapolated from ESAB Corp options trading.
Pair Trading with ESAB Corp
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if ESAB Corp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in ESAB Corp will appreciate offsetting losses from the drop in the long position's value.Moving together with ESAB Stock
| 0.81 | TG | Tredegar | PairCorr |
| 0.77 | ATI | Allegheny Technologies | PairCorr |
| 0.62 | CRS | Carpenter Technology Financial Report 25th of July 2024 | PairCorr |
Moving against ESAB Stock
| 0.87 | SGBX | SG Blocks | PairCorr |
| 0.62 | AP | Ampco Pittsburgh | PairCorr |
| 0.57 | PRLB | Proto Labs | PairCorr |
The ability to find closely correlated positions to ESAB Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ESAB Corp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back ESAB Corp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling ESAB Corp to buy it.
The correlation of ESAB Corp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as ESAB Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ESAB Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for ESAB Corp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out ESAB Corp Piotroski F Score and ESAB Corp Altman Z Score analysis. For information on how to trade ESAB Stock refer to our How to Trade ESAB Stock guide.Note that the ESAB Corp information on this page should be used as a complementary analysis to other ESAB Corp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Complementary Tools for ESAB Stock analysis
When running ESAB Corp's price analysis, check to measure ESAB Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ESAB Corp is operating at the current time. Most of ESAB Corp's value examination focuses on studying past and present price action to predict the probability of ESAB Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ESAB Corp's price. Additionally, you may evaluate how the addition of ESAB Corp to your portfolios can decrease your overall portfolio volatility.
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Is ESAB Corp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ESAB Corp. If investors know ESAB will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ESAB Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.864 | Dividend Share 0.24 | Earnings Share 4.02 | Revenue Per Share 46.124 | Quarterly Revenue Growth 0.008 |
The market value of ESAB Corp is measured differently than its book value, which is the value of ESAB that is recorded on the company's balance sheet. Investors also form their own opinion of ESAB Corp's value that differs from its market value or its book value, called intrinsic value, which is ESAB Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ESAB Corp's market value can be influenced by many factors that don't directly affect ESAB Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ESAB Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if ESAB Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ESAB Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.