WallStSmart

ESAB Corp (ESAB)vsProto Labs Inc (PRLB)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

ESAB Corp generates 433% more annual revenue ($2.91B vs $546.26M). ESAB leads profitability with a 7.1% profit margin vs 4.7%. PRLB appears more attractively valued with a PEG of 0.86. PRLB earns a higher WallStSmart Score of 57/100 (C).

ESAB

Buy

55

out of 100

Grade: C

Growth: 4.0Profit: 5.5Value: 5.7Quality: 6.0
Piotroski: 3/9Altman Z: 1.78

PRLB

Buy

57

out of 100

Grade: C

Growth: 6.7Profit: 4.5Value: 6.7Quality: 9.0
Piotroski: 4/9Altman Z: 6.04
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

Intrinsic value data unavailable for ESAB.

PRLBUndervalued (+34.0%)

Margin of Safety

+34.0%

Fair Value

$101.80

Current Price

$72.64

$29.16 discount

UndervaluedFair: $101.80Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

ESAB1 strengths · Avg: 8.0/10
Price/BookValuation
2.4x8/10

Reasonable price relative to book value

PRLB5 strengths · Avg: 9.2/10
EPS GrowthGrowth
121.3%10/10

Earnings expanding 121.3% YoY

Debt/EquityHealth
0.0010/10

Conservative balance sheet, low leverage

Altman Z-ScoreHealth
6.0410/10

Safe zone — low bankruptcy risk

PEG RatioValuation
0.868/10

Growing faster than its price suggests

Price/BookValuation
2.5x8/10

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
7.1%3/10

7.1% margin — thin

Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

EPS GrowthGrowth
-28.9%2/10

Earnings declined 28.9%

PRLB4 concerns · Avg: 2.8/10
Market CapQuality
$1.79B3/10

Smaller company, higher risk/reward

Return on EquityProfitability
3.8%3/10

ROE of 3.8% — below average capital efficiency

Profit MarginProfitability
4.7%3/10

4.7% margin — thin

P/E RatioValuation
71.0x2/10

Premium valuation, high expectations priced in

Comparative Analysis Report

WallStSmart Research

Bull Case : ESAB

The strongest argument for ESAB centers on Price/Book. PEG of 1.24 suggests the stock is reasonably priced for its growth.

Bull Case : PRLB

The strongest argument for PRLB centers on EPS Growth, Debt/Equity, Altman Z-Score. Revenue growth of 10.4% demonstrates continued momentum. PEG of 0.86 suggests the stock is reasonably priced for its growth.

Bear Case : ESAB

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

Bear Case : PRLB

The primary concerns for PRLB are Market Cap, Return on Equity, Profit Margin. A P/E of 71.0x leaves little room for execution misses. Thin 4.7% margins leave little buffer for downturns.

Key Dynamics to Monitor

PRLB carries more volatility with a beta of 1.36 — expect wider price swings.

PRLB is growing revenue faster at 10.4% — sustainability is the question.

ESAB generates stronger free cash flow (33M), providing more financial flexibility.

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

Bottom Line

PRLB scores higher overall (57/100 vs 55/100) and 10.4% revenue growth. 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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Proto Labs Inc

INDUSTRIALS · METAL FABRICATION · USA

Proto Labs, Inc., is an e-commerce-driven digital manufacturer of custom prototypes and on-demand production parts around the world. The company is headquartered in Maple Plain, Minnesota.

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