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ESAB (ESAB) Net Cash per Share : $-34.92 (As of Mar. 2024)


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What is ESAB Net Cash per Share?

Net Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). ESAB's Net Cash per Share for the quarter that ended in Mar. 2024 was $-34.92.

The historical rank and industry rank for ESAB's Net Cash per Share or its related term are showing as below:

ESAB's Price-to-Net-Cash is not ranked *
in the Industrial Products industry.
Industry Median: 8.57
* Ranked among companies with meaningful Price-to-Net-Cash only.

ESAB Net Cash per Share Historical Data

The historical data trend for ESAB's Net Cash per Share 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 Net Cash per Share Chart

ESAB Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Net Cash per Share
- -13.90 -15.99 -38.80 -35.15

ESAB Quarterly Data
Dec19 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Cash per Share 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 -38.98 -37.87 -36.04 -35.15 -34.92

Competitive Comparison of ESAB's Net Cash per Share

For the Metal Fabrication subindustry, ESAB's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash 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 Price-to-Net-Cash Distribution in the Industrial Products Industry

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

* The bar in red indicates where ESAB's Price-to-Net-Cash falls into.



ESAB Net Cash per Share Calculation

In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.

ESAB's Net Cash per Share for the fiscal year that ended in Dec. 2023 is calculated as

Net Cash per Share (A: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(102.003-2180.972-40.258)/60.2956
=-35.15

ESAB's Net Cash per Share for the quarter that ended in Mar. 2024 is calculated as

Net Cash per Share (Q: Mar. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(76.495-2145.111-41.578)/60.4244
=-34.92

* 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) Net Cash per Share Explanation

Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.

You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.


ESAB Net Cash per Share Related Terms

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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