ENERSYS (ENS) Stock Fundamental Analysis
NYSE:ENS - New York Stock Exchange, Inc. - US29275Y1029 - Common Stock - Currency: USD
Overall ENS gets a fundamental rating of 7 out of 10. We evaluated ENS against 94 industry peers in the Electrical Equipment industry. ENS scores excellent on profitability, but there are some minor concerns on its financial health. ENS may be a bit undervalued, certainly considering the very reasonable score on growth With these ratings, ENS could be worth investigating further for value investing!.
1. Profitability
1.1 Basic Checks
ENS had positive earnings in the past year.
ENS had a positive operating cash flow in the past year.
ENS had positive earnings in each of the past 5 years.
ENS had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
With an excellent Return On Assets value of 9.16%, ENS belongs to the best of the industry, outperforming 91.49% of the companies in the same industry.
The Return On Equity of ENS (18.98%) is better than 90.43% of its industry peers.
ENS has a Return On Invested Capital of 13.74%. This is amongst the best in the industry. ENS outperforms 93.62% of its industry peers.
The Average Return On Invested Capital over the past 3 years for ENS is above the industry average of 9.89%.
The last Return On Invested Capital (13.74%) for ENS is above the 3 year average (12.00%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.16% | ||
| ROE | 18.98% | ||
| ROIC | 13.74% |
ROA(3y)7.26%
ROA(5y)5.96%
ROE(3y)15.1%
ROE(5y)12.86%
ROIC(3y)12%
ROIC(5y)10.26%
1.3 Margins
ENS has a better Profit Margin (10.05%) than 87.23% of its industry peers.
ENS's Profit Margin has improved in the last couple of years.
Looking at the Operating Margin, with a value of 13.37%, ENS belongs to the top of the industry, outperforming 85.11% of the companies in the same industry.
ENS's Operating Margin has improved in the last couple of years.
With a decent Gross Margin value of 30.20%, ENS is doing good in the industry, outperforming 72.34% of the companies in the same industry.
ENS's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 13.37% | ||
| PM (TTM) | 10.05% | ||
| GM | 30.2% |
OM growth 3Y25.13%
OM growth 5Y10.1%
PM growth 3Y32.87%
PM growth 5Y17.76%
GM growth 3Y10.57%
GM growth 5Y3.51%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so ENS is still creating some value.
The number of shares outstanding for ENS has been reduced compared to 1 year ago.
ENS has less shares outstanding than it did 5 years ago.
The debt/assets ratio for ENS is higher compared to a year ago.
2.2 Solvency
An Altman-Z score of 3.60 indicates that ENS is not in any danger for bankruptcy at the moment.
ENS has a better Altman-Z score (3.60) than 69.15% of its industry peers.
ENS has a debt to FCF ratio of 7.99. This is a slightly negative value and a sign of low solvency as ENS would need 7.99 years to pay back of all of its debts.
ENS has a better Debt to FCF ratio (7.99) than 70.21% of its industry peers.
ENS has a Debt/Equity ratio of 0.57. This is a neutral value indicating ENS is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.57, ENS is in line with its industry, outperforming 41.49% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.57 | ||
| Debt/FCF | 7.99 | ||
| Altman-Z | 3.6 |
ROIC/WACC1.71
WACC8.02%
2.3 Liquidity
ENS has a Current Ratio of 2.70. This indicates that ENS is financially healthy and has no problem in meeting its short term obligations.
Looking at the Current ratio, with a value of 2.70, ENS is in the better half of the industry, outperforming 71.28% of the companies in the same industry.
A Quick Ratio of 1.74 indicates that ENS should not have too much problems paying its short term obligations.
Looking at the Quick ratio, with a value of 1.74, ENS is in the better half of the industry, outperforming 65.96% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.7 | ||
| Quick Ratio | 1.74 |
3. Growth
3.1 Past
ENS shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 21.74%, which is quite impressive.
Measured over the past years, ENS shows a quite strong growth in Earnings Per Share. The EPS has been growing by 16.84% on average per year.
The Revenue has been growing slightly by 1.00% in the past year.
Measured over the past years, ENS shows a small growth in Revenue. The Revenue has been growing by 3.22% on average per year.
EPS 1Y (TTM)21.74%
EPS 3Y31.61%
EPS 5Y16.84%
EPS Q2Q%42.79%
Revenue 1Y (TTM)1%
Revenue growth 3Y2.52%
Revenue growth 5Y3.22%
Sales Q2Q%7.04%
3.2 Future
ENS is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 2.14% yearly.
ENS is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.39% yearly.
EPS Next Y-1.6%
EPS Next 2Y2.14%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year1.48%
Revenue Next 2Y2.39%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less 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
With a Price/Earnings ratio of 8.65, the valuation of ENS can be described as very reasonable.
95.74% of the companies in the same industry are more expensive than ENS, based on the Price/Earnings ratio.
ENS is valuated cheaply when we compare the Price/Earnings ratio to 27.29, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 8.79, the valuation of ENS can be described as very reasonable.
Compared to the rest of the industry, the Price/Forward Earnings ratio of ENS indicates a rather cheap valuation: ENS is cheaper than 95.74% of the companies listed in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 21.74. ENS is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.65 | ||
| Fwd PE | 8.79 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, ENS is valued cheaper than 96.81% of the companies in the same industry.
ENS's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. ENS is cheaper than 79.79% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 24.81 | ||
| EV/EBITDA | 7.23 |
4.3 Compensation for Growth
The excellent profitability rating of ENS may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.51
EPS Next 2Y2.14%
EPS Next 3YN/A
5. Dividend
5.1 Amount
ENS has a Yearly Dividend Yield of 1.06%.
Compared to an average industry Dividend Yield of 4.27, ENS pays a better dividend. On top of this ENS pays more dividend than 86.17% of the companies listed in the same industry.
With a Dividend Yield of 1.06, ENS pays less dividend than the S&P500 average, which is at 2.37.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.06% |
5.2 History
The dividend of ENS is nicely growing with an annual growth rate of 6.15%!
ENS has paid a dividend for at least 10 years, which is a reliable track record.
ENS has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)6.15%
Div Incr Years2
Div Non Decr Years11
5.3 Sustainability
ENS pays out 10.30% of its income as dividend. This is a sustainable payout ratio.
ENS's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP10.3%
EPS Next 2Y2.14%
EPS Next 3YN/A
88.15
-2.07 (-2.29%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryElectrical Equipment
Earnings (Last)
Earnings (Next)
Inst Owners98.06%
Inst Owner Change0%
Ins Owners0.93%
Ins Owner Change2.83%
Market Cap3.46B
Analysts78
Price Target107.47 (21.92%)
Short Float %2.91%
Short Ratio2.63
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.06% |
Yearly Dividend0.94
Dividend Growth(5Y)6.15%
DP10.3%
Div Incr Years2
Div Non Decr Years11
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)6.71%
Min EPS beat(2)5.7%
Max EPS beat(2)7.71%
EPS beat(4)4
Avg EPS beat(4)3.8%
Min EPS beat(4)0.4%
Max EPS beat(4)7.71%
EPS beat(8)8
Avg EPS beat(8)3.62%
EPS beat(12)11
Avg EPS beat(12)5.29%
EPS beat(16)14
Avg EPS beat(16)4%
Revenue beat(2)0
Avg Revenue beat(2)-2.33%
Min Revenue beat(2)-3.8%
Max Revenue beat(2)-0.86%
Revenue beat(4)0
Avg Revenue beat(4)-2.43%
Min Revenue beat(4)-3.8%
Max Revenue beat(4)-0.86%
Revenue beat(8)1
Avg Revenue beat(8)-2.76%
Revenue beat(12)3
Avg Revenue beat(12)-1.84%
Revenue beat(16)5
Avg Revenue beat(16)-1.21%
PT rev (1m)-5.44%
PT rev (3m)-9.26%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-15.19%
EPS NY rev (1m)-1.9%
EPS NY rev (3m)-2.63%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-7.33%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-3.08%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.65 | ||
| Fwd PE | 8.79 | ||
| P/S | 0.96 | ||
| P/FCF | 24.81 | ||
| P/OCF | 13.28 | ||
| P/B | 1.8 | ||
| P/tB | 4.22 | ||
| EV/EBITDA | 7.23 |
EPS(TTM)10.19
EY11.56%
EPS(NY)10.03
Fwd EY11.38%
FCF(TTM)3.55
FCFY4.03%
OCF(TTM)6.64
OCFY7.53%
SpS92.29
BVpS48.88
TBVpS20.91
PEG (NY)N/A
PEG (5Y)0.51
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.16% | ||
| ROE | 18.98% | ||
| ROCE | 15.14% | ||
| ROIC | 13.74% | ||
| ROICexc | 15.39% | ||
| ROICexgc | 25% | ||
| OM | 13.37% | ||
| PM (TTM) | 10.05% | ||
| GM | 30.2% | ||
| FCFM | 3.85% |
ROA(3y)7.26%
ROA(5y)5.96%
ROE(3y)15.1%
ROE(5y)12.86%
ROIC(3y)12%
ROIC(5y)10.26%
ROICexc(3y)13.57%
ROICexc(5y)11.74%
ROICexgc(3y)22.69%
ROICexgc(5y)20.29%
ROCE(3y)13.22%
ROCE(5y)11.31%
ROICexcg growth 3Y21.68%
ROICexcg growth 5Y6.25%
ROICexc growth 3Y24.31%
ROICexc growth 5Y9.55%
OM growth 3Y25.13%
OM growth 5Y10.1%
PM growth 3Y32.87%
PM growth 5Y17.76%
GM growth 3Y10.57%
GM growth 5Y3.51%
F-Score6
Asset Turnover0.91
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.57 | ||
| Debt/FCF | 7.99 | ||
| Debt/EBITDA | 1.85 | ||
| Cap/Depr | 119.99% | ||
| Cap/Sales | 3.35% | ||
| Interest Coverage | 9.91 | ||
| Cash Conversion | 44.52% | ||
| Profit Quality | 38.29% | ||
| Current Ratio | 2.7 | ||
| Quick Ratio | 1.74 | ||
| Altman-Z | 3.6 |
F-Score6
WACC8.02%
ROIC/WACC1.71
Cap/Depr(3y)103.77%
Cap/Depr(5y)92.58%
Cap/Sales(3y)2.72%
Cap/Sales(5y)2.54%
Profit Quality(3y)94.91%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)21.74%
EPS 3Y31.61%
EPS 5Y16.84%
EPS Q2Q%42.79%
EPS Next Y-1.6%
EPS Next 2Y2.14%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)1%
Revenue growth 3Y2.52%
Revenue growth 5Y3.22%
Sales Q2Q%7.04%
Revenue Next Year1.48%
Revenue Next 2Y2.39%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y21.15%
EBIT growth 3Y28.28%
EBIT growth 5Y13.64%
EBIT Next Year23.7%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-62.42%
FCF growth 3YN/A
FCF growth 5Y-1.74%
OCF growth 1Y-43.05%
OCF growth 3YN/A
OCF growth 5Y0.54%