ESAB Corp (ESAB) fair value: what the stock is really worth
As of Sep 23, 2026: fair value of ESAB Corp $56.92, price $67.33, upside -15.5%, quality 51 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
Watch ESAB Corp for free, get notified when fair value or trend changes. Plus fair value for all 35,000+ stocks, 14 days of Pro free, no card.Watch for freePro now: $1 first month
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 24, 2026.
How to read this chart
54‑month range $32.18 – $134.51 · fair‑value band $31.02 – $81.94 · the $67.33 price screens above the $56.92 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 24, 2026.
Follow ESAB in your weekly email
Every Wednesday you see whether ESAB is on track or worth a review, plus price against fair value. Free, up to 3 stocks.
We send you a confirmation link. Unsubscribe with one click.
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. It offers its products through independent distributors and direct salespeople. It operates in Europe, Asia Pacific, South America, and the Middle East.
Show more
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. It offers its products through independent distributors and direct salespeople. It operates in Europe, Asia Pacific, South America, and the Middle East. ESAB Corporation was founded in 1904 and is headquartered in North Bethesda, Maryland.
Stock analysis
ESAB Corp (ESAB) currently trades at $67.33, while our model-based Fair Value estimate is $56.92, implying the stock looks roughly 18.3% overvalued today.
Show more
Valuation
Bull case: the Multiples group reads highest at a median of $65.50 per share, and 5 of the 25 models we run sit above the $67.33 price.
Bear case: the Asset-Based group reads lowest at $23.36, and 20 of the 25 models stay below the price. Evidence for this calculation is high.
Scenario range: $31.02 (bear) to $81.94 (bull), the price of $67.33 sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 51/100 (solid quality), in the Industrials sector.
Healthy Growth: Revenue growth appears healthy and is supported by profitability and cash-flow quality.
ESAB Corp reported revenue of $2.8B in FY2025 versus $2.4B in FY2021, a compound +4.0%/yr. Reported net income was $227M in FY2025, compounding −0.9%/yr from FY2021.
Key figures
Market cap $5.5B · P/E ratio 17.8 · P/S ratio 1.42 · EPS (TTM) $3.78 · Dividend yield 0.6% · Net margin 8.0% · Return on equity 11.4% · Return on assets (EBIT) 9.9%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 50 out of 100 (low confidence).
What moves the price
The share trades about 50% below its 52-week high and 4% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Industrials peers we cover trades at −52% fair-value upside, at −15%, ESAB screens cheaper than that median.
Fair Value models
Bear $31.02Fair Value $56.92Bull $81.94
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model. Based on fiscal year 2025 figures (about 9 months old). Earnings retained since then ($2.47 per share) are deliberately not added.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target.Evidence ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.71/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Revenue growth 1 year
+3.7%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+3.1%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+7.8%
Start year 2020 (pandemic)
Revenue growth 6 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+4.0%
’19
’20
’21
’22
’23
’24
’25
What shareholders gained per year (last 5 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate.
+5.8%
Earnings growth per share plus dividend.
Earnings per share, growth per year+5.2%
Dividend (yield on the price)0.6%
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.10% → 17%
Growth Forecast
A lot of optimism in the price
The price assumes more growth than the company has delivered so far and more than analysts expect.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+14.4%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect ⓘAnalysts publish sales forecasts for the next two fiscal years. For the years after that, growth slows evenly to 2 % a year by year ten (2 % is the long-run rate our models use). Projected years are marked as such.
+7.0%
Yearly sales growth analysts expect, extended to five years.
After inflation (USA: IMF forecast 2.4% a year to 2030, 3.1% from 2016 to 2025) that is about +11.7% a year for the price and +4.5% for the forecasts.
News mood ⓘNews mood, the average tone of recent news (97 articles), rated against how stocks are usually covered. 🚀 Hype = unusually upbeat · 🙂 Positive = above average · 😐 Neutral = typical · 🙁 Negative = below average · 😨 Very negative = unusually downbeat. It reflects the tone of coverage, not our valuation.Positive
Recent news coverage is more positive than average.
Price, fair value, quality and upside side by side.
Free, no sign-up
Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Metal Fabrication · 262 stocks
Beats the industry median on 10/14 measures
Overall it ranks above its industry peers.
Valuation
Quality Score51 · Above median
Fair Value upside−17% · Above median
Profitability
Return on equity (TTM)11% · Top 25%
Return on assets6% · Top 25%
Net margin (TTM)7% · Above median
Operating margin (TTM)14% · Top 25%
Growth and dividend
Revenue growth10% · Above median
Dividend yield (TTM)0.6% · Below median
Balance sheet
Debt / equity0.57× · Highest 25%
Valuation Multiplesvs Metal Fabrication median · lower = cheaper
P/E (TTM)17.8× · Cheaper than median
P/B2.56× · book value is mostly goodwill ⓘGoodwill and other intangible assets are larger than the equity. The book value mainly reflects prices paid for past acquisitions, so we do not rank this P/B against the peer group.
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "ESAB Corp Fair Value". https://www.fairvalue-calculator.com/stock/ESAB
Frequently asked questions
Is ESAB Corp (ESAB) overvalued or undervalued?
As of Sep 24, 2026, our model estimates a fair value of $56.92 versus a price of $67.33, about −15% upside (overvalued).
What is the fair value of ESAB?
Our model-based fair value for ESAB Corp is $56.92 (as of Sep 24, 2026), built from audited fundamentals. The current price: $67.33.
What is the quality score of ESAB?
ESAB Corp has a Quality Score of 51/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for ESAB Corp (ESAB)?
Our model-based price target is the fair value of $56.92 (as of Sep 24, 2026) from 25 valuation models. Cautious scenario $31.02, optimistic scenario $81.94. It is a calculation from audited fundamentals, not an analyst target.
What is the ESAB Corp stock forecast for 2026?
Our models put fair value at $56.92, about −15% upside versus a price of $67.33 (overvalued). Cautious scenario $31.02, optimistic scenario $81.94. The calculation is refreshed regularly with new filings.
What is the revenue of ESAB Corp (ESAB)?
ESAB Corp reported trailing-twelve-month revenue of about $2.9B (latest available figure, as of Sep 24, 2026).
Does ESAB Corp pay a dividend?
ESAB Corp currently shows a dividend yield of about 0.59% relative to its recent price (as of Sep 24, 2026).
What growth is priced into ESAB Corp (ESAB)?
For today's price to be fair in a discounted-cash-flow model, ESAB Corp would have to grow free cash flow by +14.4 % per year for five years (discount rate 10.2 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +7.8 % per year. As of Sep 24, 2026.
What discount rate (WACC) does the fair value of ESAB use?
Our models discount ESAB Corp at 10.2 %: a base by market capitalisation (mid), damped by beta 1.20, country premium for USA. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For ESAB Corp that is +14.4 % per year a year over ten years, using the same discount rate (10.2 %) and the same formula as our fair value.
How much growth has ESAB Corp (ESAB) delivered so far?
Over the past 5 years revenue at ESAB Corp grew +7.8 % a year. The price currently implies +14.4 % per year free-cash-flow growth a year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of ESAB Corp (ESAB) growing?
The median revenue growth in the sector is +4.7 % a year. That is the yardstick for the growth priced into ESAB Corp (+14.4 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of ESAB Corp (ESAB)?
The free-cash-flow yield on the price is 5.20 %: that much free cash flow ESAB Corp produces per unit of market value. When it exceeds the discount rate of our models (10.2 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of ESAB Corp (ESAB)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For ESAB Corp it is $56.92 per share (as of Sep 24, 2026), against a price of $67.33. It is the blended result of 25 valuation models (cash flow, earnings, asset, dividend).
Is ESAB Corp stock overvalued or undervalued in 2026?
As of Sep 24, 2026, ESAB trades above its calculated fair value: price $67.33, fair value $56.92, a gap of about −15% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of ESAB?
No. The price is what the market pays today ($67.33); the fair value is what the company's own numbers justify ($56.92). For ESAB Corp the two are $10.41 per share apart. That gap is exactly why we show both numbers side by side.
How much is ESAB Corp worth?
The market values ESAB Corp at about $5.5B (market capitalisation, as of Sep 24, 2026). Per share that is $67.33; our models calculate a fair value of $56.92 per share.
What do the bullish and bearish scenarios say about ESAB?
Our models span a range for ESAB Corp: cautious scenario $31.02, base $56.92, optimistic $81.94 per share (as of Sep 24, 2026, price $67.33). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of ESAB?
ESAB Corp trades at a price-to-earnings ratio of 17.8 (as of Sep 24, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of $56.92 is built from several models across several years. Other multiples: PEG 1.2, P/B 2.6, P/S 1.9, EV/EBITDA 12.1.
What is the PEG ratio of ESAB?
The PEG ratio of ESAB Corp is 1.24 (P/E divided by earnings growth, as of Sep 24, 2026). That is above 1, so the growth is already paid for in the price.
How solid is the balance sheet of ESAB Corp (ESAB)?
Balance-sheet figures for ESAB Corp (as of Sep 24, 2026): return on equity 11.4%, debt of 0.57 per unit of equity. They feed the Quality Score of 51/100, which measures business quality independently of the share price.
How far is ESAB from its 52-week high?
ESAB Corp trades at $67.33, about 50% below its 52-week high of $134.51 and 4% above the low of $64.94 (as of Sep 23, 2026). Distance from the high says nothing about value: that is what the fair value of $56.92 is for.
Which stocks are comparable to ESAB Corp?
From the same area (Industrials) we also value Carpenter Technology Corporation, ATI Inc, Mueller Industries, Inc, Aurubis AG, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is ESAB Corp stock attractive at the current price?
The data as of Sep 24, 2026: price $67.33, calculated fair value $56.92 (−15%), Quality Score 51/100, from 25 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of ESAB calculated?
We run ESAB Corp through 25 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of $56.92, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 14.1 % above its aggregate fair value. ESAB Corp itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of ESAB Corp (ESAB)?
The closing price on Sep 23, 2026 was $67.33. Our model-based fair value is $56.92, about −15% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with ESAB Corp right now?
The model range is unusually wide ($31.02 to $81.94). The outcome hinges heavily on assumptions, so read the point estimate with caution. Solid but not exceptional quality (51/100) and above fair value, neither a clear bargain nor a standout compounder.
Key figures of ESAB Corp
How large is the market capitalisation of ESAB Corp (ESAB)?
The market capitalisation of ESAB Corp is $5.5B. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of ESAB Corp (ESAB)?
The price-to-sales ratio of ESAB Corp is 1.42 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of ESAB Corp (ESAB)?
Earnings per share at ESAB Corp are $3.78 (price ÷ EPS = P/E 17.8). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of ESAB Corp (ESAB)?
The dividend yield of ESAB Corp is 0.6% (payout 10.6%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of ESAB Corp (ESAB)?
The net margin of ESAB Corp is 8.0% (fiscal year 2025). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of ESAB Corp (ESAB)?
The return on equity (ROE) of ESAB Corp is 11.4% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of ESAB Corp (ESAB)?
On an EBIT basis the return on assets of ESAB Corp is 9.9% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of ESAB Corp (ESAB)?
The operating margin of ESAB Corp is 13.5% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at ESAB Corp (ESAB)?
Revenue at ESAB Corp is growing +9.9% versus a year earlier (3y avg +3.1%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at ESAB Corp (ESAB)?
Earnings per share at ESAB Corp are growing −28.9% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does ESAB Corp (ESAB) carry?
The net debt of ESAB Corp is $1.2B (fiscal year 2025, ≈ 5.8 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
Free · no account needed
Watch ESAB Corp in the live analysis
One click puts ESAB Corp on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.
Broad data
Sep 24, 2026