Projected Income Statement: ESAB Corporation

Forecast Balance Sheet: ESAB Corporation

Forecast Balance Sheet - ESAB Corporation
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Net Debt 1 - 1,147 916 811 1,049 1,933 1,577 1,148
Change - - -20.14% -11.46% 29.35% 84.26% -18.42% -27.2%
Announcement Date 2/22/22 3/7/23 2/29/24 2/20/25 2/20/26 - - -
1USD in Million
Estimates

Cash Flow Forecast: ESAB Corporation

Fiscal Period: December 2022 2023 2024 2025 2026 2027 2028
CAPEX 1 40.24 48.18 51.78 47.29 63.97 63.91 65.51
Change - 19.72% 7.47% -8.68% 35.28% -0.09% 2.5%
Free Cash Flow (FCF) 1 174.1 282.3 303.6 246.1 298.8 389.4 470.2
Change - 62.14% 7.55% -18.94% 21.41% 30.32% 20.75%
Announcement Date 3/7/23 2/29/24 2/20/25 2/20/26 - - -
1USD in Million
Estimates

Forecast Financial Ratios: ESAB Corporation

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028

Profitability

        
EBITDA Margin (%) - 16.87% 18.42% 19.71% 20% 20.18% 21.5% 22.16%
EBIT Margin (%) - 15.46% 17.04% 18.3% 18.23% 18.71% 19.86% 20.72%
EBT Margin (%) - - 12.17% 14.29% 12.16% 12.45% 14.62% -
Net margin (%) 9.68% 9.06% 7.83% 10.22% 8.4% 7.86% 11.29% 13%
FCF margin (%) - 7.05% 10.77% 11.72% 9.11% 9.76% 11.63% 13.3%
FCF / Net Income (%) - 77.82% 137.52% 114.64% 108.53% 124.18% 102.99% 102.32%

Profitability

        
ROA - 6.2% 5.41% 7.9% 7.37% 4.85% 6.18% 6.53%
ROE - 11.74% 13.88% 18.39% 16.49% 12.56% 14.13% 14.18%

Financial Health

        
Leverage (Debt/EBITDA) - 2.75x 1.9x 1.59x 1.94x 3.13x 2.19x 1.47x
Debt / Free cash flow - 6.59x 3.24x 2.67x 4.26x 6.47x 4.05x 2.44x

Capital Intensity

        
CAPEX / Current Assets (%) - 1.63% 1.84% 2% 1.75% 2.09% 1.91% 1.85%
CAPEX / EBITDA (%) - 9.66% 9.98% 10.14% 8.76% 10.36% 8.87% 8.36%
CAPEX / FCF (%) - 23.11% 17.07% 17.05% 19.21% 21.41% 16.41% 13.93%

Items per share

        
Cash flow per share 1 - - 5.449 5.816 4.253 6.033 7.932 -
Change - - - 6.75% -26.88% 41.86% 31.46% -
Dividend per Share 1 - 0.15 0.23 0.3 0.38 0.426 0.4666 0.51
Change - - 53.33% 30.43% 26.67% 12.11% 9.53% 9.3%
Book Value Per Share 1 - - 26.67 - 35.67 43.36 47.46 52.51
Change - - - - - 21.55% 9.46% 10.63%
EPS 1 - 3.69 3.36 4.31 3.67 3.863 6.006 6.827
Change - - -8.94% 28.27% -14.85% 5.26% 55.47% 13.67%
Nbr of stocks (in thousands) - 60,077 60,271 60,448 60,711 62,168 62,168 62,168
Announcement Date - 3/7/23 2/29/24 2/20/25 2/20/26 - - -
1USD
Estimates
2026 *2027 *
P/E 17.3x 11.1x
PBR 1.54x 1.41x
EV / Sales 1.99x 1.71x
Yield 0.64% 0.7%

EPS & Dividend

EPS & Dividend - ESAB Corporation


Y-o-Y evolution of P/E

Valuation ratios - P/E - ESAB Corporation
 

Year-on-year evolution of the Yield

Valuation ratios - Yield - ESAB Corporation
Trader
Investor
Global
Quality
ESG MSCI
BBB
MarketScreener Ratings - ESAB Corporation
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
11
Last Close Price
66.86USD
Average target price
123.64USD
Spread / Average Target
+84.92%

Quarterly revenue - Rate of surprise

Rate of surprise - Net sales - Quarterly - ESAB Corporation
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