WallStSmart

ESAB Corp (ESAB)vsMayville Engineering Co Inc (MEC)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

ESAB Corp generates 420% more annual revenue ($2.84B vs $546.49M). ESAB leads profitability with a 8.0% profit margin vs -1.5%. ESAB earns a higher WallStSmart Score of 57/100 (C).

ESAB

Buy

57

out of 100

Grade: C

Growth: 4.0Profit: 6.0Value: 7.3Quality: 6.5
Piotroski: 3/9Altman Z: 1.78

MEC

Hold

38

out of 100

Grade: F

Growth: 6.0Profit: 2.5Value: 5.0Quality: 7.0
Piotroski: 3/9Altman Z: 2.34
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

ESABSignificantly Overvalued (-382.5%)

Margin of Safety

-382.5%

Fair Value

$27.88

Current Price

$97.56

$69.68 premium

UndervaluedFair: $27.88Overvalued

Intrinsic value data unavailable for MEC.

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

ESAB2 strengths · Avg: 8.0/10
PEG RatioValuation
0.988/10

Growing faster than its price suggests

Price/BookValuation
2.7x8/10

Reasonable price relative to book value

MEC1 strengths · Avg: 8.0/10
Price/BookValuation
1.5x8/10

Reasonable price relative to book value

Areas to Watch

ESAB4 concerns · Avg: 3.0/10
Altman Z-ScoreHealth
1.784/10

Distress zone — elevated risk

Profit MarginProfitability
8.0%3/10

8.0% margin — thin

Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

EPS GrowthGrowth
-31.6%2/10

Earnings declined 31.6%

MEC4 concerns · Avg: 2.8/10
Market CapQuality
$338.10M3/10

Smaller company, higher risk/reward

Debt/EquityHealth
1.023/10

Elevated debt levels

Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

Return on EquityProfitability
-3.3%2/10

ROE of -3.3% — below average capital efficiency

Comparative Analysis Report

WallStSmart Research

Bull Case : ESAB

The strongest argument for ESAB centers on PEG Ratio, Price/Book. PEG of 0.98 suggests the stock is reasonably priced for its growth.

Bull Case : MEC

The strongest argument for MEC centers on Price/Book. Revenue growth of 10.7% demonstrates continued momentum.

Bear Case : ESAB

The primary concerns for ESAB are Altman Z-Score, Profit Margin, Piotroski F-Score.

Bear Case : MEC

The primary concerns for MEC are Market Cap, Debt/Equity, Piotroski F-Score.

Key Dynamics to Monitor

ESAB profiles as a value stock while MEC is a turnaround play — different risk/reward profiles.

ESAB carries more volatility with a beta of 1.20 — expect wider price swings.

MEC is growing revenue faster at 10.7% — sustainability is the question.

ESAB generates stronger free cash flow (77M), providing more financial flexibility.

Bottom Line

ESAB scores higher overall (57/100 vs 38/100). Both earn "Buy" and "Hold" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

ESAB Corp

INDUSTRIALS · METAL FABRICATION · USA

ESAB Corporation formulates, develops, manufactures and supplies consumable products and equipment for use in automated cutting, joining and welding, as well as gas control equipment. The company is headquartered in Wilmington, Delaware.

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Mayville Engineering Co Inc

INDUSTRIALS · METAL FABRICATION · USA

Mayville Engineering Company, Inc., is a contract manufacturer serving medium-duty and heavy commercial vehicles, construction and access equipment, motorsports, agriculture, military, and other end markets in the United States. The company is headquartered in Mayville, Wisconsin.

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