Projected Income Statement: 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 1,049 750 389 -19.5
Change - - -20.14% -11.46% 29.35% -28.51% -48.13% -105.01%
Announcement Date 22/02/22 07/03/23 29/02/24 20/02/25 20/02/26 - - -
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 54 56.06 58.54
Change - 19.72% 7.47% -8.68% 14.19% 3.83% 4.41%
Free Cash Flow (FCF) 1 174.1 282.3 303.6 246.1 348.8 402.4 431.2
Change - 62.14% 7.55% -18.94% 41.72% 15.36% 7.16%
Announcement Date 07/03/23 29/02/24 20/02/25 20/02/26 - - -
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% 20.2% 20.8% 21.68%
EBIT Margin (%) - 15.46% 17.04% 18.3% 18.23% 18.37% 18.98% 20.05%
EBT Margin (%) - - 12.17% 14.29% 12.16% 14.43% 15.36% -
Net margin (%) 9.68% 9.06% 7.83% 10.22% 8.4% 11.63% 12.19% -
FCF margin (%) - 7.05% 10.77% 11.72% 9.11% 12.04% 13.29% 13.56%
FCF / Net Income (%) - 77.82% 137.52% 114.64% 108.53% 103.54% 108.97% -

Profitability

        
ROA - 6.2% 5.41% 7.9% 7.37% 7.3% 7.31% -
ROE - 11.74% 13.88% 18.39% 16.49% 15.17% 14.88% 15.27%

Financial Health

        
Leverage (Debt/EBITDA) - 2.75x 1.9x 1.59x 1.94x 1.28x 0.62x -
Debt / Free cash flow - 6.59x 3.24x 2.67x 4.26x 2.15x 0.97x -

Capital Intensity

        
CAPEX / Current Assets (%) - 1.63% 1.84% 2% 1.75% 1.86% 1.85% 1.84%
CAPEX / EBITDA (%) - 9.66% 9.98% 10.14% 8.76% 9.22% 8.9% 8.49%
CAPEX / FCF (%) - 23.11% 17.07% 17.05% 19.21% 15.48% 13.93% 13.58%

Items per share

        
Cash flow per share 1 - - 5.449 5.816 4.253 7.029 6.855 -
Change - - - 6.75% -26.88% 65.27% -2.48% -
Dividend per Share 1 - 0.15 0.23 0.3 0.38 0.4267 0.465 0.51
Change - - 53.33% 30.43% 26.67% 12.28% 8.97% 9.69%
Book Value Per Share 1 - - 26.67 - 35.67 39.6 44.15 49.28
Change - - - - - 11% 11.49% 11.64%
EPS 1 - 3.69 3.36 4.31 3.67 5.363 5.968 -
Change - - -8.94% 28.27% -14.85% 46.14% 11.27% -
Nbr of stocks (in thousands) - 60,077 60,271 60,448 60,711 60,882 60,882 60,882
Announcement Date - 07/03/23 29/02/24 20/02/25 20/02/26 - - -
1USD
Estimates
2026 *2027 *
P/E ratio 20.4x 18.4x
PBR 2.77x 2.48x
EV / Sales 2.56x 2.33x
Yield 0.39% 0.42%

EPS & Dividend

Y-o-Y evolution of P/E

Year-on-year evolution of the Yield

Trader
Investor
Global
Quality
ESG MSCI
BBB
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
9
Last Close Price
109.55USD
Average target price
136.56USD
Spread / Average Target
+24.65%

Quarterly revenue - Rate of surprise

  1. Stock Market
  2. Equities
  3. ESAB Stock
  4. Financials ESAB Corporation