ESABFRA:O03 +3.45%74 EV-to-FCF is 31.52 as of Jul. 11, 2026, which is 17% above its 10-year median of 27.05. GuruFocus rates FRA:O03 with a GF Score™ of 74/100 and a GF Value™ of €94.45. The stock has 2 warning signs investors should review. Among 1,728 Industrial Products companies, ESAB ranks worse than 56.37% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, ESAB's Enterprise Value is €5,901 Mil.
ESAB's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was €187 Mil. Therefore, ESAB's EV-to-FCF for today is 31.52.
The historical rank and industry rank for ESAB's EV-to-FCF or its related term are showing as below:
FRA:O03'
s EV-to-FCF Range Over the Past 10 Years
Min: 16.14 Med: 27.05 Max: 44.36
Current: 30.24
During the past 7 years, the highest EV-to-FCF of ESAB was 44.36. The lowest was 16.14. And the median was 27.05.
FRA:O03's EV-to-FCF is ranked worse than 56.37% of 1728
companies
in the Industrial Products industry
Industry Median: 25.7
vs FRA:O03: 30.24
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
As of today (2026-07-11), ESAB's stock price is €75.00.
ESAB's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was €2.908. Therefore, ESAB's PE Ratio (TTM) for today is 25.79.
ESAB (FRA:O03) EV-to-FCF Explanation
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
ESAB's share price for today is €75.00.
ESAB's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €2.908.
* 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.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.
ESAB EV-to-FCF Related Terms
ESAB EV-to-FCF Historical Data
* Premium members only.
The historical data trend for ESAB's EV-to-FCF 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.
For the Metal Fabrication subindustry, ESAB's EV-to-FCF, along with its competitors' market caps and EV-to-FCF 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 EV-to-FCF vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, ESAB's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where ESAB's EV-to-FCF falls into.
ESAB's current Enterprise Value is €5,901 Mil.
ESAB's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €187 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 (FRA:O03) has a EV-to-FCF of 31.52 as of Jul. 11, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on ESAB and its competitors. This is 17% above median its historical median of 27.05. Over the past decade, ESAB's EV-to-FCF has ranged from 16.14 to 44.36. According to the industry distribution chart, ESAB ranks #974 out of 1728 companies in the Industrial Products industry, placing it in the top 56.4%.
Is ESAB's EV-to-FCF too high?
ESAB's current EV-to-FCF of 31.52 is 17% above median its 10-year median of 27.05. Over the past 10 years, this metric has ranged from a low of 16.14 to a high of 44.36. The Industrial Products industry median EV-to-FCF is 25.70. ESAB's value of 31.52 is 22.6% above this industry median. Based on the distribution chart, ESAB ranks #974 out of 1728 companies in the Industrial Products industry, which is below the industry midpoint. Overall, ESAB has a GF Score™ of 74/100, reflecting its overall financial health beyond just this single metric.
How does ESAB's EV-to-FCF compare to CMC and GPGI?
According to the Industrial Products industry distribution chart, ESAB ranks #974 out of 1728 companies for EV-to-FCF. This places ESAB in the lower half of its industry. The industry median EV-to-FCF is 25.70. ESAB's value of 31.52 is 22.6% above this benchmark. Historically, ESAB's own EV-to-FCF has ranged from 16.14 to 44.36 over the past decade. While the company's 10-year median is 27.05 vs. the industry median of 25.70, ESAB has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-FCF for an Industrial Products company?
The median EV-to-FCF among Industrial Products companies is 25.70, based on 1,728 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. ESAB's current EV-to-FCF of 31.52 is 22.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on ESAB and its competitors. For the Industrial Products industry, the median EV-to-FCF is 25.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ESAB's current EV-to-FCF is 31.52, which is 17% above median its own 10-year median of 27.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ESAB stock overvalued right now?
ESAB (FRA:O03) has a current EV-to-FCF of 31.52. The stock's GF Value™ is €94.45, compared to a current price of €75.00 — trading 20.6% below its estimated fair value. The current EV-to-FCF is 31.52, which is 17% above median its 10-year median of 27.05 and 22.6% above the Industrial Products industry median of 25.70. ESAB's overall GF Score™ is 74/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For ESAB (FRA:O03), the current EV-to-FCF is 31.52 as of Jul. 11, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is ESAB (FRA:O03) Overvalued in 2026?
Based on GuruFocus' analysis, ESAB stock appears to be undervalued.
The current stock price of €75.00 is trading 20.6% below its estimated GF Value™ of €94.45.
Key valuation signals for FRA:O03:
EV-to-FCF: 31.52 (17% above median its 10-year median of 27.05)
GF Value™: €94.45 vs. price of €75.00 (20.6% below fair value)
Industry Position: 22.6% above the Industrial Products median (#974 of 1728)
No single metric tells the full story. See the FRA:O03 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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 $2.8 billion in revenue in 2025.
74GF Score
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