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Upturn AI SWOT - About
ESAB Corp (ESAB)
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Upturn Advisory Summary
03/24/2025: ESAB (2-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
AI Based Fundamental Rating
Moderate Performance
These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.
Analysis of Past Performance
Type Stock | Historic Profit 73.23% | Avg. Invested days 50 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  3.0 | Stock Returns Performance  4.0 |
| Profits based on simulation | Last Close 03/24/2025 |
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 7.06B USD | Price to earnings Ratio 24.89 | 1Y Target Price 133.8 |
Price to earnings Ratio 24.89 | 1Y Target Price 133.8 | ||
Volume (30-day avg) 368063 | Beta 1.31 | 52 Weeks Range 88.41 - 135.88 | Updated Date 04/1/2025 |
52 Weeks Range 88.41 - 135.88 | Updated Date 04/1/2025 | ||
Dividends yield (FY) 0.27% | Basic EPS (TTM) 4.68 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 9.66% | Operating Margin (TTM) 17.92% |
Management Effectiveness
Return on Assets (TTM) 7.39% | Return on Equity (TTM) 16.96% |
Valuation
Trailing PE 24.89 | Forward PE 22.22 | Enterprise Value 7976376688 | Price to Sales(TTM) 2.58 |
Enterprise Value 7976376688 | Price to Sales(TTM) 2.58 | ||
Enterprise Value to Revenue 2.91 | Enterprise Value to EBITDA 15.89 | Shares Outstanding 60622300 | Shares Floating 56611859 |
Shares Outstanding 60622300 | Shares Floating 56611859 | ||
Percent Insiders 6.4 | Percent Institutions 96.23 |
Analyst Ratings
Rating 3.56 | Target Price 133.5 | Buy 2 | Strong Buy 3 |
Buy 2 | Strong Buy 3 | ||
Hold 2 | Sell 1 | Strong Sell 1 | |
Strong Sell 1 |
Upturn AI SWOT
ESAB Corp
Company Overview
History and Background
ESAB Corp (ESAB) was founded in 1904 and evolved from Elektriska Svetsnings-Aktiebolaget (ESAB). It has grown to become a global leader in fabrication technology, providing equipment and consumables for welding and cutting.
Core Business Areas
- Fabrication Technology: This segment offers a comprehensive range of welding and cutting equipment, including manual welding equipment, automated cutting systems, and related consumables like electrodes, wires, and fluxes.
- Gas Control Equipment: This segment provides products and services for gas control, specifically regulating the flow and pressure of gases used in welding, cutting, and other industrial applications.
Leadership and Structure
ESAB Corp. is led by its CEO, Shyam P. Yadav. The company operates with a structured organizational framework involving various departments for research and development, manufacturing, sales, and marketing. The board of directors provides governance and strategic oversight.
Top Products and Market Share
Key Offerings
- Welding Equipment: ESAB offers a wide array of welding machines, including MIG, TIG, Stick, and Submerged Arc Welding equipment. Competitors include Lincoln Electric, Miller Electric, and ITW Welding. While specific revenue from welding equipment is unavailable, it constitutes a significant portion of overall revenue. Market share data is difficult to obtain precisely, but ESAB is considered a major player in the global welding equipment market.
- Cutting Equipment: ESAB provides plasma cutting systems, oxy-fuel cutting equipment, and automated cutting tables. Competitors include Hypertherm, Messer Cutting Systems, and Koike Aronson. Similarly to welding, precise revenue figures are not disclosed separately, but cutting equipment is a key revenue generator. ESAB holds a substantial market share in cutting solutions, globally.
- Welding Consumables: ESAB manufactures and sells a wide array of welding consumables including stick electrodes, MIG wires, Flux Cored wires, and TIG rods. Competitors include Lincoln Electric, Select Arc, and Hobart. The consumables market is a large and repetitive revenue stream for ESAB.
Market Dynamics
Industry Overview
The fabrication technology industry is influenced by factors such as global manufacturing activity, infrastructure development, and energy projects. Demand is cyclical and closely tied to economic conditions.
Positioning
ESAB Corp. holds a strong position in the welding and cutting industry due to its broad product portfolio, global presence, and technological innovation. Its competitive advantage lies in its comprehensive solutions and established brand reputation.
Total Addressable Market (TAM)
The global welding and cutting equipment market is estimated to be worth around $25-30 billion USD. ESAB is well-positioned to capture a significant portion of this market, focusing on innovation and expanding its product offerings.
Upturn SWOT Analysis
Strengths
- Strong brand recognition
- Extensive product portfolio
- Global distribution network
- Technological innovation
Weaknesses
- Exposure to cyclical economic conditions
- Dependence on commodity prices for raw materials
- Potential for pricing pressure from competitors
Opportunities
- Expanding into emerging markets
- Developing new and innovative welding and cutting technologies
- Acquiring complementary businesses
- Capitalizing on the increasing demand for automation
Threats
- Intense competition from established and emerging players
- Fluctuations in currency exchange rates
- Changes in government regulations and trade policies
- Economic downturns
Competitors and Market Share
Key Competitors
- LIN
- ITW
- HYPR
Competitive Landscape
ESAB faces competition from both large, established players and smaller, specialized companies. Its strengths lie in its broad product range and global reach, while its disadvantages may include higher operational costs compared to smaller competitors.
Major Acquisitions
Thermadyne Holdings Corporation
- Year: 2012
- Acquisition Price (USD millions): 843
- Strategic Rationale: Broadened ESAB's product offerings and expanded its presence in key markets.
Growth Trajectory and Initiatives
Historical Growth: ESAB Corp has demonstrated steady growth through product innovation, strategic acquisitions, and expanding its presence in key markets.
Future Projections: Analysts predict continued growth for ESAB Corp. driven by increasing demand for welding and cutting solutions in various industries, with revenue anticipated to be driven by automation and expansion into new markets.
Recent Initiatives: Recent initiatives include investments in research and development, strategic acquisitions to broaden its product portfolio, and expansion into high-growth markets like Asia.
Summary
ESAB Corp is a strong player in the fabrication technology industry, leveraging its global presence and comprehensive product offerings. They are positioned well to capitalize on growth in emerging markets and demand for automated solutions. Cyclical economic conditions and intense competition remain key challenges, requiring continuous innovation and cost management.
Similar Companies
- LIN
- ITW
- HYPR
- MSCI
Sources and Disclaimers
Data Sources:
- Company Filings
- Industry Reports
- Analyst Estimates
Disclaimers:
The information provided is for informational purposes only and does not constitute financial advice. Market conditions are subject to change.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About ESAB Corp
Exchange NYSE | Headquaters North Bethesda, MD, United States | ||
IPO Launch date 2022-04-05 | President, CEO & Director Mr. Shyam P. Kambeyanda | ||
Sector Industrials | Industry Metal Fabrication | Full time employees 8000 | Website https://www.esabcorporation.com |
Full time employees 8000 | Website https://www.esabcorporation.com | ||
ESAB Corporation engages in the formulation, development, manufacture, and supply of consumable products and equipment for use in cutting, joining, automated welding, and 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 comprising electrodes, nozzles, shields, and tips. The company's equipment ranges from portable welding machines to large customized automated cutting and welding systems. It also offers a range of software and digital 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, such as general industry, infrastructure, renewable energy, medical and life sciences, transportation, construction, and energy. It offers its products through independent distributors and direct salespeople. It operates in North America, South America, Europe, the Middle East, India, Africa, and the Asia Pacific. ESAB Corporation was founded in 1904 and is headquartered in North Bethesda, Maryland.
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