Home 
Today's Top Picks 
Top Performers 
Watchlist 
My Robo Portfolios 
ETF Zone 
How It Works 
News - Chart
- Upturn Summary
- Highlights
- Revenue
- Valuation
Upturn AI Summary - About
ESAB Corp(ESAB)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for ESAB
10/23/2026: ESAB (1-star) is currently NOT-A-BUY. Pass it for now.
ESAB Corp is a global pure-play industrial company specializing in fabrication, welding, and cutting technologies. It is a major provider known for its broad geographic reach and a balance of high-margin recurring consumables and durable equipment. The company’s growth story centers on increasing industrial automation and digital service expansion, while maintaining operational efficiency through the ESAB Business System. Primary risks include cyclical industrial spending and intense competition from other global fabrication leaders. It may suit investors looking for exposure to industrial infrastructure growth, as the company has historically delivered steady margins and has initiated a shareholder-friendly dividend program.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
Company fundamentals, valuation, risks, and news provide supporting context about the business.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Strong fit | ESAB offers exposure to industrial automation and infrastructure growth trends. |
| Momentum investor | Mixed fit | Strong performance requires a positive upturn signal in the industrial sector to justify aggressive entry. |
| Value investor | Strong fit | The company is often priced reasonably relative to its earnings growth potential. |
| Dividend investor | Mixed fit | It offers a growing dividend but is currently more growth-oriented than a traditional income play. |
| Low-risk investor | Mixed fit | Industrial cyclicality introduces more volatility than a defensive stock. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | Medium | The stock is subject to broader industrial sector market sentiment. |
| Valuation risk | Medium | As a pure-play industrial, valuations can compress if growth slows. |
| Competition risk (Industrial fabrication) | Medium / high | Competitive pricing from global players like Lincoln Electric impacts margins. |
| Business quality | Strong | The recurring nature of the consumables business provides high-quality cash flows. |
| Dividend income | Low | The current yield is modest for income-focused investors. |
| Execution risk | Medium | Successful integration of acquisitions is vital to growth targets. |
Price Behavior
Steep Decline
The stock price has dropped sharply with strong downward pressure.
Moderately Choppy
The stock has experienced noticeable price swings while retaining some directional structure.
Analysis of Past Performance
Type Stock | Historic Profit -23.29% | Avg. Invested days 30 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 10/23/2026 |
Upturn Scorecard
Upturn Star Rating 
Company Fundamentals
Financial Health Rating
Growth Momentum Score
Ownership
Top 5 Institutional Investors
Unit Economics (Per $1K Revenue)
Economic Dimensions
Quantitative Style Profile
Style Classification
Quality Focused
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 4.16B USD | Price to earnings Ratio 20.84 | 1Y Target Price 119.73 |
Price to earnings Ratio 20.84 | 1Y Target Price 119.73 | ||
Volume (30-day avg) 1.2M shares | Beta 1.14 | 52 Weeks Range 62.74 - 136.86 | Updated Date 10/23/2026 |
52 Weeks Range 62.74 - 136.86 | Updated Date 10/23/2026 | ||
Dividends yield (FY) 0.63% | Basic EPS (TTM) 3.21 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Consumables | Welding wires, electrodes, and fluxes. | High-margin, recurring sales that happen every time a welder works. |
| Equipment | Welding machines and automated cutting systems. | Durable products that drive new customer adoption and brand loyalty. |
| Geography | Global operations across Americas, EMEA, and APAC. | Exposure to worldwide infrastructure spending and industrial cycles. |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Valuation
Trailing PE 20.84 | Forward PE 10.66 | Enterprise Value 6.75B | Price to Sales(TTM) 1.39 |
Enterprise Value 6.75B | Price to Sales(TTM) 1.39 | ||
Enterprise Value to Revenue 2.25 | Enterprise Value to EBITDA 14.62 | Shares Outstanding 62.14M | Shares Floating 58.07M |
Shares Outstanding 62.14M | Shares Floating 58.07M | ||
Percent Insiders 6.49 | Percent Institutions 103.78 |
Financial Metrics
🧭 Investment Snapshot
Total Revenue (Scale)
Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.
Net Income (Profit)
Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.
Free Cash Flow (Cash Strength)
Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.
📈 Growth & Strength
Operating Income (Core Profit)
Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.
EBITDA (Cash Earnings)
Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.
Gross Profit (Unit Profitability)
Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.
🛡️ Financial Safety
Cash (Liquidity Buffer)
Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.
Total Debt (Leverage Risk)
Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.
Net Working Capital (Short-Term Health)
Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.
🧱 Balance Sheet Strength
Stockholder Equity (Net Worth)
Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.
Total Assets (Asset Base)
The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.
Income Before Tax (Pre-Tax Earnings)
Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.
⚙️ Cost & Drag Factors
Cost of Revenue (Production Cost)
Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.
Total Operating Expenses (Operating Cost)
Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.
Income Tax Expense (Tax Drag)
Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.
All company names, trademarks, logos, and brands are the property of their respective owners and are used for identification and informational purposes only. Use of these names, trademarks, and logos does not imply endorsement by their respective owners.