ESAB Corp (ESAB)

General Industrial Machinery & Equipment, NEC

Latest Price

$67.21

TTM P/E

Normalized P/E

17.99

Div Yield

0.48%

Book Value

38.78

P/B Ratio

1.73

Valuation metrics

EPS: $3.67

Book value / share: $35.67

Formula: √(22.5 × EPS × BVPS)

Graham Number

$54.27

19% downside

Norm. op. income: $408M (median of 4yr)

Tax rate: 22%

Discount rate: 10%

Growth assumption: zero (EPV is a no-growth value)

Earnings Power Value

$35.16

48% downside

Base FCF: $248M (median of recent 4yr)

Growth: 8%/yr (median YOY, capped at 25%)

Discount rate: 10%

Terminal growth: 3%

Projection horizon: 10 years

DCF Fair Value

$66.81

1% downside

EPS: $3.67

Target P/E: 18×

Formula: EPS × P/E

P/E Fair Value

$66.06

2% downside

100.0% held by institutions

Institution	Shares	Value	Ownership %	Change	Filing Date
PRICE T ROWE ASSOCIATES INC /MD/	8.13M	$801.0M	13.07%	+1.47M	2026-06-30
T. Rowe Price Investment Management, Inc.	7.62M	$751.0M	12.26%	-535.1K	2026-06-30
BlackRock, Inc.	5.32M	$524.0M	8.55%	+134.9K	2026-06-30
Invesco Ltd.	2.77M	$273.0M	4.46%	+1.95M	2026-06-30
VANGUARD CAPITAL MANAGEMENT LLC	2.61M	$257.0M	4.20%	+14.4K	2026-06-30
VANGUARD PORTFOLIO MANAGEMENT LLC	2.48M	$244.0M	3.98%	-14.4K	2026-06-30
FIL Ltd	2.34M	$230.0M	3.77%	+946.9K	2026-06-30
Capital Research Global Investors	1.86M	$183.0M	3.00%	+1.24M	2026-06-30
STATE STREET CORP	1.82M	$179.0M	2.93%	+84.2K	2026-06-30
NEUBERGER BERMAN GROUP LLC	1.54M	$151.0M	2.48%	-151.2K	2026-06-30