Returns On Capital Are Showing Encouraging Signs At ESAB (NYSE:ESAB) [Yahoo! Finance]
ESAB Corporation (ESAB)
Company Research
Source: Yahoo! Finance
In a perfect world, we'd like to see a company investing more capital into its business and ideally the returns earned from that capital are also increasing. Basically this means that a company has profitable initiatives that it can continue to reinvest in, which is a trait of a compounding machine. So on that note, ESAB NYSE:ESAB ) looks quite promising in regards to its trends of return on capital. Return On Capital Employed (ROCE): What Is It? Just to clarify if you're unsure, ROCE is a metric for evaluating how much pre-tax income (in percentage terms) a company earns on the capital invested in its business. Analysts use this formula to calculate it for ESAB: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) 0.14 = US$440m ÷ (US$3.8b - US$620m) (Based on the trailing twelve months to December 2023) So, ESAB has an ROCE of 14%. That's a relatively normal return on capital, and it's around the 13% generated by the M
Show less
Read more
Impact Snapshot
Event Time:
ESAB
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
ESAB alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
ESAB alerts
High impacting ESAB Corporation news events
Weekly update
A roundup of the hottest topics
ESAB
News
- Is ESAB Corporation (ESAB) Outperforming Other Industrial Products Stocks This Year? [Yahoo! Finance]Yahoo! Finance
- Esab (ESAB) Earnings Expected to Grow: What to Know Ahead of Next Week's Release [Yahoo! Finance]Yahoo! Finance
- TKR vs. ESAB: Which Stock Should Value Investors Buy Now? [Yahoo! Finance]Yahoo! Finance
- Here's What ESAB Corporation (ESAB) Did for Value Creation [Yahoo! Finance]Yahoo! Finance
- At US$114, Is ESAB Corporation (NYSE:ESAB) Worth Looking At Closely? [Yahoo! Finance]Yahoo! Finance
ESAB
Earnings
- 2/29/24 - Beat
ESAB
Sec Filings
- 4/9/24 - Form 8-K
- 4/1/24 - Form 4
- 4/1/24 - Form 4
- ESAB's page on the SEC website