Lincoln Electric Holdings Inc LECO

Morningstar Rating
$192.08 +2.39 (1.26%)
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Company Report

Price vs Fair Value

LECO is trading at a 714% premium.
Price
$192.16
Fair Value
$681.00
Uncertainty
Medium
1-Star Price
$297.10
5-Star Price
$743.60
Economic Moat
Bkpynf
Capital Allocation
Zpbmhdwp

Bulls Say, Bears Say

Bulls

Lincoln Electric has established one of the most trusted brands in the welding space and enjoys leading market share.

Bears

Lincoln Electric's international welding business is not as strong as domestic welding, with operating margins lagging the Americas welding segment by nearly 700 basis points.

News

Trading Information

Previous Close Price
$189.69
Day Range
$189.25193.01
52-Week Range
$164.00261.13
Bid/Ask
$191.57 / $209.00
Market Cap
$10.89 Bil
Volume/Avg
206,494 / 297,897

Key Statistics

Price/Earnings (Normalized)
20.40
Price/Sales
2.71
Dividend Yield (Trailing)
1.48%
Dividend Yield (Forward)
1.48%
Total Yield
4.00%

Company Profile

Lincoln Electric is a leading manufacturer of welding, cutting, and brazing products. The firm’s portfolio of products includes arc-welding solutions, plasma and oxy-fuel cutting systems, and brazing and soldering alloys, as well as automation solutions. Lincoln Electric serves clients in the general fabrication, heavy industries, automotive, construction, shipbuilding, energy and process industries, among other end markets. Based in Cleveland, Ohio, Lincoln Electric has operations in 19 countries and has 11,000 employees worldwide. The company generated roughly $4.2 billion in sales in 2023.
Sector
Industrials
Industry
Tools & Accessories
Stock Style Box
Mid Core
Total Number of Employees
12,000

Competitors

Valuation

Metric
LECO
ITW
ESAB
Price/Earnings (Normalized)
20.4026.3221.09
Price/Book Value
8.3026.263.71
Price/Sales
2.714.922.31
Price/Cash Flow
19.4423.3019.16
Price/Earnings
LECO
ITW
ESAB

Financial Strength

Metric
LECO
ITW
ESAB
Quick Ratio
1.050.861.01
Current Ratio
2.061.301.86
Interest Coverage
17.8015.015.30
Quick Ratio
LECO
ITW
ESAB

Profitability

Metric
LECO
ITW
ESAB
Return on Assets (Normalized)
16.19%20.07%7.94%
Return on Equity (Normalized)
42.82%103.48%19.19%
Return on Invested Capital (Normalized)
24.16%29.18%13.16%
Return on Assets
LECO
ITW
ESAB

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