ENERGIZER HOLDINGS INC (ENR) Stock Fundamental Analysis
USA - NYSE:ENR - US29272W1099 - Common Stock
29.65 USD
+0.42 (+1.44%)
29.65 USD
0 (0%)
Taking everything into account, ENR scores 4 out of 10 in our fundamental rating. ENR was compared to 12 industry peers in the Household Products industry. While ENR is still in line with the averages on profitability rating, there are concerns on its financial health. A decent growth rate in combination with a cheap valuation! Better keep an eye on ENR. Finally ENR also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
ENR had positive earnings in the past year.
In the past year ENR had a positive cash flow from operations.
In multiple years ENR reported negative net income over the last 5 years.
In the past 5 years ENR always reported a positive cash flow from operatings.
1.2 Ratios
ENR has a worse Return On Assets (5.57%) than 66.67% of its industry peers.
With a decent Return On Equity value of 137.39%, ENR is doing good in the industry, outperforming 75.00% of the companies in the same industry.
ENR's Return On Invested Capital of 9.37% is on the low side compared to the rest of the industry. ENR is outperformed by 66.67% of its industry peers.
The Average Return On Invested Capital over the past 3 years for ENR is significantly below the industry average of 15.56%.
The 3 year average ROIC (8.71%) for ENR is below the current ROIC(9.37%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.57% | ||
| ROE | 137.39% | ||
| ROIC | 9.37% |
ROA(3y)-0.39%
ROA(5y)-0.04%
ROE(3y)-28.53%
ROE(5y)-16.07%
ROIC(3y)8.71%
ROIC(5y)8.77%
1.3 Margins
ENR has a Profit Margin (8.60%) which is in line with its industry peers.
ENR's Profit Margin has declined in the last couple of years.
ENR has a Operating Margin (15.83%) which is in line with its industry peers.
In the last couple of years the Operating Margin of ENR has remained more or less at the same level.
Looking at the Gross Margin, with a value of 41.68%, ENR is in line with its industry, outperforming 58.33% of the companies in the same industry.
In the last couple of years the Gross Margin of ENR has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 15.83% | ||
| PM (TTM) | 8.6% | ||
| GM | 41.68% |
OM growth 3Y-3.96%
OM growth 5Y-0.62%
PM growth 3Y-34.93%
PM growth 5Y-3.38%
GM growth 3Y0.12%
GM growth 5Y-0.98%
2. Health
2.1 Basic Checks
ENR has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
Compared to 1 year ago, ENR has more shares outstanding
ENR has more shares outstanding than it did 5 years ago.
The debt/assets ratio for ENR has been reduced compared to a year ago.
2.2 Solvency
ENR has an Altman-Z score of 1.48. This is a bad value and indicates that ENR is not financially healthy and even has some risk of bankruptcy.
ENR's Altman-Z score of 1.48 is on the low side compared to the rest of the industry. ENR is outperformed by 83.33% of its industry peers.
The Debt to FCF ratio of ENR is 21.27, which is on the high side as it means it would take ENR, 21.27 years of fcf income to pay off all of its debts.
ENR's Debt to FCF ratio of 21.27 is on the low side compared to the rest of the industry. ENR is outperformed by 91.67% of its industry peers.
A Debt/Equity ratio of 18.30 is on the high side and indicates that ENR has dependencies on debt financing.
Looking at the Debt to Equity ratio, with a value of 18.30, ENR is doing worse than 91.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 18.3 | ||
| Debt/FCF | 21.27 | ||
| Altman-Z | 1.48 |
ROIC/WACC1.66
WACC5.66%
2.3 Liquidity
A Current Ratio of 1.78 indicates that ENR should not have too much problems paying its short term obligations.
ENR has a Current ratio (1.78) which is comparable to the rest of the industry.
ENR has a Quick Ratio of 1.78. This is a bad value and indicates that ENR is not financially healthy enough and could expect problems in meeting its short term obligations.
ENR's Quick ratio of 0.84 is in line compared to the rest of the industry. ENR outperforms 50.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.78 | ||
| Quick Ratio | 0.84 |
3. Growth
3.1 Past
ENR shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 1.21%.
Measured over the past 5 years, ENR shows a small growth in Earnings Per Share. The EPS has been growing by 1.12% on average per year.
The Revenue has been growing slightly by 1.15% in the past year.
The Revenue has been growing slightly by 2.97% on average over the past years.
EPS 1Y (TTM)1.21%
EPS 3Y-1.46%
EPS 5Y1.12%
EPS Q2Q%-1.27%
Revenue 1Y (TTM)1.15%
Revenue growth 3Y-1.51%
Revenue growth 5Y2.97%
Sales Q2Q%3.41%
3.2 Future
Based on estimates for the next years, ENR will show a small growth in Earnings Per Share. The EPS will grow by 5.42% on average per year.
ENR is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.02% yearly.
EPS Next Y9.69%
EPS Next 2Y7.56%
EPS Next 3Y7.34%
EPS Next 5Y5.42%
Revenue Next Year2.06%
Revenue Next 2Y2.49%
Revenue Next 3Y2.14%
Revenue Next 5Y2.02%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 8.88, the valuation of ENR can be described as reasonable.
100.00% of the companies in the same industry are more expensive than ENR, based on the Price/Earnings ratio.
ENR's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.20.
Based on the Price/Forward Earnings ratio of 7.72, the valuation of ENR can be described as very cheap.
Compared to the rest of the industry, the Price/Forward Earnings ratio of ENR indicates a rather cheap valuation: ENR is cheaper than 100.00% of the companies listed in the same industry.
When comparing the Price/Forward Earnings ratio of ENR to the average of the S&P500 Index (22.70), we can say ENR is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.88 | ||
| Fwd PE | 7.72 |
4.2 Price Multiples
75.00% of the companies in the same industry are more expensive than ENR, based on the Enterprise Value to EBITDA ratio.
83.33% of the companies in the same industry are more expensive than ENR, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.81 | ||
| EV/EBITDA | 8.58 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
PEG (NY)0.92
PEG (5Y)7.92
EPS Next 2Y7.56%
EPS Next 3Y7.34%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.11%, ENR is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 2.86, ENR pays a better dividend. On top of this ENR pays more dividend than 100.00% of the companies listed in the same industry.
ENR's Dividend Yield is rather good when compared to the S&P500 average which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.11% |
5.2 History
The dividend of ENR decreases each year by -2.94%.
ENR has paid a dividend for at least 10 years, which is a reliable track record.
As ENR did not decrease their dividend in the past 5 years, we can say the dividend looks stable.
Dividend Growth(5Y)-2.94%
Div Incr Years0
Div Non Decr Years8
5.3 Sustainability
ENR pays out 35.04% of its income as dividend. This is a sustainable payout ratio.
DP35.04%
EPS Next 2Y7.56%
EPS Next 3Y7.34%
29.65
+0.42 (+1.44%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupHousehold & Personal Products
GICS IndustryHousehold Products
Earnings (Last)
Earnings (Next)
Inst Owners88.32%
Inst Owner Change3.47%
Ins Owners0.72%
Ins Owner Change0.36%
Market Cap2.02B
Analysts70
Price Target32.35 (9.11%)
Short Float %8.73%
Short Ratio5.09
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.11% |
Yearly Dividend1.22
Dividend Growth(5Y)-2.94%
DP35.04%
Div Incr Years0
Div Non Decr Years8
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)11.25%
Min EPS beat(2)-1.49%
Max EPS beat(2)23.99%
EPS beat(4)3
Avg EPS beat(4)7.09%
Min EPS beat(4)-1.49%
Max EPS beat(4)23.99%
EPS beat(8)7
Avg EPS beat(8)7.51%
EPS beat(12)9
Avg EPS beat(12)4.78%
EPS beat(16)13
Avg EPS beat(16)6.03%
Revenue beat(2)1
Avg Revenue beat(2)0.83%
Min Revenue beat(2)-1.98%
Max Revenue beat(2)3.64%
Revenue beat(4)1
Avg Revenue beat(4)0.01%
Min Revenue beat(4)-1.98%
Max Revenue beat(4)3.64%
Revenue beat(8)2
Avg Revenue beat(8)-0.25%
Revenue beat(12)3
Avg Revenue beat(12)-1.05%
Revenue beat(16)6
Avg Revenue beat(16)-0.38%
PT rev (1m)7.25%
PT rev (3m)5.71%
EPS NQ rev (1m)-3.99%
EPS NQ rev (3m)-18.73%
EPS NY rev (1m)6.95%
EPS NY rev (3m)6.95%
Revenue NQ rev (1m)-0.16%
Revenue NQ rev (3m)1.9%
Revenue NY rev (1m)1.36%
Revenue NY rev (3m)1.33%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.88 | ||
| Fwd PE | 7.72 | ||
| P/S | 0.69 | ||
| P/FCF | 12.81 | ||
| P/OCF | 7.95 | ||
| P/B | 11.05 | ||
| P/tB | N/A | ||
| EV/EBITDA | 8.58 |
EPS(TTM)3.34
EY11.26%
EPS(NY)3.84
Fwd EY12.95%
FCF(TTM)2.31
FCFY7.81%
OCF(TTM)3.73
OCFY12.57%
SpS42.85
BVpS2.68
TBVpS-27.73
PEG (NY)0.92
PEG (5Y)7.92
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.57% | ||
| ROE | 137.39% | ||
| ROCE | 12.89% | ||
| ROIC | 9.37% | ||
| ROICexc | 9.82% | ||
| ROICexgc | 23.6% | ||
| OM | 15.83% | ||
| PM (TTM) | 8.6% | ||
| GM | 41.68% | ||
| FCFM | 5.4% |
ROA(3y)-0.39%
ROA(5y)-0.04%
ROE(3y)-28.53%
ROE(5y)-16.07%
ROIC(3y)8.71%
ROIC(5y)8.77%
ROICexc(3y)9.25%
ROICexc(5y)9.42%
ROICexgc(3y)25.21%
ROICexgc(5y)32.65%
ROCE(3y)11.57%
ROCE(5y)11.71%
ROICexcg growth 3Y-10.69%
ROICexcg growth 5Y2.32%
ROICexc growth 3Y0.17%
ROICexc growth 5Y7.1%
OM growth 3Y-3.96%
OM growth 5Y-0.62%
PM growth 3Y-34.93%
PM growth 5Y-3.38%
GM growth 3Y0.12%
GM growth 5Y-0.98%
F-Score6
Asset Turnover0.65
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 18.3 | ||
| Debt/FCF | 21.27 | ||
| Debt/EBITDA | 5.7 | ||
| Cap/Depr | 76.89% | ||
| Cap/Sales | 3.3% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 43.25% | ||
| Profit Quality | 62.77% | ||
| Current Ratio | 1.78 | ||
| Quick Ratio | 0.84 | ||
| Altman-Z | 1.48 |
F-Score6
WACC5.66%
ROIC/WACC1.66
Cap/Depr(3y)67.87%
Cap/Depr(5y)63.35%
Cap/Sales(3y)2.78%
Cap/Sales(5y)2.57%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)1.21%
EPS 3Y-1.46%
EPS 5Y1.12%
EPS Q2Q%-1.27%
EPS Next Y9.69%
EPS Next 2Y7.56%
EPS Next 3Y7.34%
EPS Next 5Y5.42%
Revenue 1Y (TTM)1.15%
Revenue growth 3Y-1.51%
Revenue growth 5Y2.97%
Sales Q2Q%3.41%
Revenue Next Year2.06%
Revenue Next 2Y2.49%
Revenue Next 3Y2.14%
Revenue Next 5Y2.02%
EBIT growth 1Y12.71%
EBIT growth 3Y-5.4%
EBIT growth 5Y2.33%
EBIT Next Year33.8%
EBIT Next 3Y11.81%
EBIT Next 5YN/A
FCF growth 1Y-55.62%
FCF growth 3Y42.43%
FCF growth 5Y28.57%
OCF growth 1Y-36.93%
OCF growth 3Y33.71%
OCF growth 5Y23.51%