Discounted Cash Flow

Esab Corp.

ESAB · Based on 10 years of SEC filings

Average annual growth rates

Metric 10-Year 5-Year 3-Year
Sales
Free Cash Flow
Average (FCF & NI)
Net Income

Average annual growth is the mean year-over-year change across each period.

Endpoint CAGR (better for long term trend)

Metric 10-Year 5-Year 3-Year
Sales
Free Cash Flow
Average (FCF & NI)
Net Income

Endpoint CAGR is the compound annual rate from the first to last year in each period.

Projections use average year-over-year growth. Change this in Settings.

Projected growth rate

Free cash flow growth
10-year: — 5-year: — 3-year: —
Averaged growth (FCF & NI)
10-year: — 5-year: — 3-year: —
Net income growth
10-year: — 5-year: — 3-year: —
Sales growth (not added to calculations)
10-year: — 5-year: — 3-year: —

Click a greyed-out slider to switch metrics. Slide between the 10-year, 5-year, and 3-year historic growth rates for FCF, net income, or their average.

%
%

Historical inputs (10 fiscal years)

YEAR Sales Net Income Free Cash Flow Net Margin EPS (diluted)
2020 $2.0b $157.4m $269.0m 8.1% $2.62
2021 $2.4b (24.5%) $235.1m (49.4%) $215.2m (-20.0%) 9.7% (20.0%) $3.92 (49.6%)
2022 $2.6b (6.8%) $223.7m (-4.8%) $174.1m (-19.1%) 8.6% (-10.9%) $3.70 (-5.6%)
2023 $2.8b (7.0%) $205.3m (-8.3%) $282.3m (62.1%) 7.4% (-14.2%) $3.39 (-8.4%)
2024 $2.7b (-1.2%) $264.8m (29.0%) $303.6m (7.5%) 9.7% (30.6%) $4.36 (28.6%)
2025 $2.8b (3.7%) $226.8m (-14.4%) $213.3m (-29.8%) 8.0% (-17.4%) $3.71 (-14.9%)

Base FCF: (latest fiscal year)

Discount rate: %

Terminal growth:

Projection period: years

Alt A decline yrs:

Alt B total yrs:

Projected cash flows

Year Projected cash flow Discount Factor Present Value

PV of projected FCF:

Terminal FCF:

Terminal value:

PV of terminal value:

Enterprise value (DCF):

DCF price per share:

Current price:

Alternative DCF Models

Model Fair Value Upside PV(FCFs) PV(Terminal) Total Years
Standard (10yr→TV) 10 + TV
Alt A (Gradual Decline)
Alt B (30yr Hard Stop) N/A

This is a simplified DCF model for illustration. It uses reported free cash flow, a single growth assumption, fixed WACC, and a Gordon Growth terminal value. It is not investment advice.

+ 10YR Financials Balance Sheet (10YR) Cash Flow (10YR) DCF Model