WallStSmart

ESAB Corp (ESAB)vsMueller Industries Inc (MLI)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Mueller Industries Inc generates 47% more annual revenue ($4.18B vs $2.84B). MLI leads profitability with a 18.3% profit margin vs 8.0%. ESAB appears more attractively valued with a PEG of 1.03. MLI earns a higher WallStSmart Score of 61/100 (C+).

ESAB

Buy

55

out of 100

Grade: C-

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

MLI

Buy

61

out of 100

Grade: C+

Growth: 4.7Profit: 9.0Value: 7.3Quality: 7.8
Piotroski: 5/9
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

ESABSignificantly Overvalued (-380.1%)

Margin of Safety

-380.1%

Fair Value

$28.02

Current Price

$94.21

$66.19 premium

UndervaluedFair: $28.02Overvalued
MLIUndervalued (+39.6%)

Margin of Safety

+39.6%

Fair Value

$199.50

Current Price

$107.76

$91.74 discount

UndervaluedFair: $199.50Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

ESAB1 strengths · Avg: 8.0/10
Price/BookValuation
2.6x8/10

Reasonable price relative to book value

MLI3 strengths · Avg: 9.0/10
Debt/EquityHealth
0.0210/10

Conservative balance sheet, low leverage

Return on EquityProfitability
25.6%9/10

Every $100 of equity generates 26 in profit

P/E RatioValuation
16.1x8/10

Attractively priced relative to earnings

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%

MLI2 concerns · Avg: 3.0/10
Revenue GrowthGrowth
4.2%4/10

4.2% revenue growth

PEG RatioValuation
3.412/10

Expensive relative to growth rate

Comparative Analysis Report

WallStSmart Research

Bull Case : ESAB

The strongest argument for ESAB centers on Price/Book. PEG of 1.03 suggests the stock is reasonably priced for its growth.

Bull Case : MLI

The strongest argument for MLI centers on Debt/Equity, Return on Equity, P/E Ratio. Profitability is solid with margins at 18.3% and operating margin at 17.5%.

Bear Case : ESAB

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

Bear Case : MLI

The primary concerns for MLI are Revenue Growth, PEG Ratio.

Key Dynamics to Monitor

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

ESAB is growing revenue faster at 7.5% — sustainability is the question.

MLI generates stronger free cash flow (121M), providing more financial flexibility.

Monitor METAL FABRICATION industry trends, competitive dynamics, and regulatory changes.

Bottom Line

MLI scores higher overall (61/100 vs 55/100), backed by strong 18.3% margins. Both earn "Buy" and "Buy" 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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Mueller Industries Inc

INDUSTRIALS · METAL FABRICATION · USA

Mueller Industries, Inc. manufactures and sells copper, brass, aluminum, and plastic products in the United States, United Kingdom, Canada, South Korea, the Middle East, China, and Mexico. The company is headquartered in Collierville, Tennessee.

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