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ESAB (ESAB) EV-to-EBIT : 17.03 (As of May. 03, 2024)


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What is ESAB EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, ESAB's Enterprise Value is $7,267 Mil. ESAB's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was $427 Mil. Therefore, ESAB's EV-to-EBIT for today is 17.03.

The historical rank and industry rank for ESAB's EV-to-EBIT or its related term are showing as below:

ESAB' s EV-to-EBIT Range Over the Past 10 Years
Min: 7.97   Med: 13.71   Max: 18.73
Current: 17.03

During the past 5 years, the highest EV-to-EBIT of ESAB was 18.73. The lowest was 7.97. And the median was 13.71.

ESAB's EV-to-EBIT is ranked better than
50.7% of 2373 companies
in the Industrial Products industry
Industry Median: 16.98 vs ESAB: 17.03

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. ESAB's Enterprise Value for the quarter that ended in Mar. 2024 was $7,736 Mil. ESAB's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was $427 Mil. ESAB's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 5.52%.


ESAB EV-to-EBIT Historical Data

The historical data trend for ESAB's EV-to-EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

ESAB EV-to-EBIT Chart

ESAB Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
- - - 11.64 14.66

ESAB Quarterly Data
Dec19 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13.65 13.87 13.65 14.66 18.13

Competitive Comparison of ESAB's EV-to-EBIT

For the Metal Fabrication subindustry, ESAB's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


ESAB's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, ESAB's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where ESAB's EV-to-EBIT falls into.



ESAB EV-to-EBIT Calculation

ESAB's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=7267.162/426.667
=17.03

ESAB's current Enterprise Value is $7,267 Mil.
ESAB's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $427 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


ESAB  (NYSE:ESAB) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

ESAB's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Mar. 2024 ) =EBIT / Enterprise Value (Q: Mar. 2024 )
=426.667/7735.937908
=5.52 %

ESAB's Enterprise Value for the quarter that ended in Mar. 2024 was $7,736 Mil.
ESAB's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $427 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


ESAB EV-to-EBIT Related Terms

Thank you for viewing the detailed overview of ESAB's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


ESAB (ESAB) Business Description

Traded in Other Exchanges
Address
909 Rose Avenue, 8th Floor, North Bethesda, MD, USA, 20852
ESAB, spun off from Colfax in 2022, is a leading manufacturer of equipment and consumables used in welding, cutting, and joining applications. Alongside competitors Lincoln Electric and ITW's Miller brand, ESAB is one of the top three players in the welding space. ESAB generated roughly $2.6 billion in revenue and $329 million in GAAP operating income in 2022.
Executives
Olivier Biebuyck officer: President, EMEA 909 ROSE AVENUE, SUITE 800, NORTH BETHESDA MD 20852
Shyam Kambeyanda officer: President and CEO 2711 CENTERVILLE ROAD, SUITE 400, WILMINGTON DE 19808
Michele Campion officer: Chief Human Resources Officer 909 ROSE AVENUE, SUITE 800, NORTH BETHESDA MD 20852
Rhonda L Jordan director KRAFT FOODS INC, THREE LAKES DRIVE, NORTHFIELD IL 60093
Kevin J Johnson officer: Chief Financial Officer 909 ROSE AVENUE, SUITE 800, NORTH BETHESDA MD 20852
Christopher M Hix director 2160 SATELLITE BLVD., SUITE 200, DULUTH GA 30097
Patrick W Allender director DANAHER CORP, 2099 PENNSYLVANIA AVE NW 12TH FL, WASHINGTON DC 20006
Rajiv Vinnakota director 8730 STONY POINT PARKWAY, SUITE 150, RICHMOND VA 23235
John P Dion officer: SVP, ESAB Business Excellence 909 ROSE AVE., 8TH FLOOR, NORTH BETHESDA MD 20852
Eleanor Lukens officer: President, Americas 909 ROSE AVE., 8TH FLOOR, NORTH BETHESDA MD 20852
Mitchell P Rales director 11790 GLEN ROAD, POTOMAC MD 20854
Curtis E Jewell officer: SVP, General Counsel 909 ROSE AVENUE, SUITE 800, NORTH BETHESDA MD 20852
Melissa Cummings director 909 ROSE AVENUE, SUITE 800, NORTH BETHESDA MD 20852
Stephanie M Phillipps director C/O THE PNC FINANCIAL SERVICES GROUP, 340 MADISON AVENUE, NEW YORK NY 10173
Didier P Teirlinck director INGERSOLL-RAND COMPANY, 155 CHESTNUT RIDGE ROAD, MONTVALE NJ 07645

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