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1 Comment
ESAB India Limited is currently in a long term uptrend where the price is trading 9.7% above its 200 day moving average.
From a valuation standpoint, the stock is 48.4% cheaper than other stocks from the Industrials sector with a price to sales ratio of 4.3.
ESAB India Limited's total revenue rose by 8.7% to $2B since the same quarter in the previous year.
Its net income has dropped by 17.2% to $147M since the same quarter in the previous year.
Finally, its free cash flow fell by 52.9% to $277M since the same quarter in the previous year.
Based on the above factors, ESAB India Limited gets an overall score of 3/5.
Sector | Industrials |
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Exchange | NSE |
CurrencyCode | INR |
ISIN | INE284A01012 |
Industry | Tools & Accessories |
Market Cap | 78B |
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PE Ratio | 45.49 |
Beta | 0.4 |
Target Price | 440 |
Dividend Yield | 0.0% |
ESAB India Limited manufactures and sells welding and cutting equipment and consumables in India and internationally. The company offers gas equipment, such as cutting machines, H/VAC and plumbing, outfits, regulators, safety accessories, torches, and wear parts; arc gouging and exothermic cutting; filler metals, such as aluminum, copper, hard facing, low alloy, mild steel, nickel, stainless steel, and other; cutting automation, such as controls, cutting machines, gas cutting torches, plasma systems, process tools, and software; general supplies; plasma and welding equipment accessories; PPE products and accessories, including helmets and head protection, gloves, clothes, eye protection products, and accessories; cobots; robotic feeders, power sources, torch cleaning stations, torches, and weld data monitoring; standard, and air and water cooled torches; welders and wire feeders; power supplies; welding tractor; and digital solutions. It also provides management, engineering, support, and consulting services. The company sells its products under the AlcoTech, AMI, Arcair, Conarco, Exaton, Gasarc, Losarc, Soldexa, Stoody, Thermal Dynamics, Turbotorch, Tweco, Victor, West Arco, Ewac, Cigweld, Condor, InduSuite, Firepower, GCE, Octopue, and TBi Industries brand names. It exports its products and services to Australia, Bangladesh, Brazil, Bhutan, the Chez Republic, China, Dubai, Sri Lanka, Nepal, the Middle East, Korea, Mongolia, Hong Kong, Taiwan, Indonesia, Malaysia, Nigeria, the Philippines, Poland, Russia, Saudi Arabia, Singapore, Tanzania, Thailand, Egypt, Vietnam, Italy, Kenya, Germany, Sweden, Switzerland, and the United States. The company serves nuclear welding, wind energy, petrochemical, pipeline, LNG, repair and maintenance, mobile machinery, and shipbuilding solution industries. ESAB India Limited was incorporated in 1987 and is based in Chennai, India.
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