ENR Stock Analysis: Energizer Holdings | NYSE

Electrical Equipment & Parts | NYSE, USA | Market Cap: 1.501m USD | 12M Return: -15% | US29272W1099 | Charts, Fundamentals & Technical Analysis

Batteries, Auto Care, Lighting, Chemicals
Total Rating 43
Safety 78
Buy Signal -0.01
Electrical Equipment & Parts
Industry Rotation: +23.0
Market Cap: 1.50B
Avg Turnover: 23.0M
Risk 3d forecast
Volatility40.9%
VaR 5th Pctl6.78%
VaR vs Median0.70%
Reward TTM
Sharpe Ratio-0.22
Rel. Str. IBD51.6
Rel. Str. Peer Group54.2
Character TTM
Beta0.741
Beta Downside0.811
Hurst Exponent0.638
Drawdowns 3y
Max DD56.12%
CAGR/Max DD-0.16
CAGR/Mean DD-0.35
EPS (Earnings per Share) EPS (Earnings per Share) of ENR over the last years for every Quarter: "2021-06": 0.74, "2021-09": 0.79, "2021-12": 1.03, "2022-03": 0.47, "2022-06": 0.77, "2022-09": 0.82, "2022-12": 0.72, "2023-03": 0.64, "2023-06": 0.54, "2023-09": 1.2, "2023-12": 0.59, "2024-03": 0.72, "2024-06": 0.79, "2024-09": 1.22, "2024-12": 0.67, "2025-03": 0.67, "2025-06": 1.13, "2025-09": 1.05, "2025-12": 0.31, "2026-03": 0.94, "2026-06": 0.75,
EPS CAGR: 2.82%
EPS Trend: 38.1%
Last SUE: -0.48
Qual. Beats: 0
Revenue Revenue of ENR over the last years for every Quarter: 2021-06: 721.8, 2021-09: 766, 2021-12: 846.3, 2022-03: 685.4, 2022-06: 728, 2022-09: 790.4, 2022-12: 765.1, 2023-03: 684.1, 2023-06: 699.4, 2023-09: 811.1, 2023-12: 716.6, 2024-03: 663.3, 2024-06: 701.4, 2024-09: 805.7, 2024-12: 731.7, 2025-03: 662.9, 2025-06: 725.3, 2025-09: 832.8, 2025-12: 778.9, 2026-03: 643.3, 2026-06: 734.1,
Rev. CAGR: 1.02%
Rev. Trend: 64.5%
Last SUE: 0.54
Qual. Beats: 0

Warnings

High Debt/EBITDA With Thin Interest Coverage

Tailwinds

No distinct edge detected

Seasonality 11.1 years of data

Jan +3.0% 25
Feb -4.7% 31
Mar -1.9% 17
Apr +2.4% 0
May -1.4% 14
Jun -0.3% 5
Jul +2.4% 11
Aug -2.7% 38
Sep -3.3% 46
Oct -0.1% 8
Nov +4.9% 28
Dec +1.3% 39

How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.

Description: ENR Energizer Holdings

Energizer Holdings is a global consumer products company that manufactures and markets household and specialty batteries, lighting products, and automotive care/maintenance chemicals under a portfolio of well-known brands. Its battery brands include Energizer, Eveready, Rayovac, and Varta, while its auto and surface care lineup spans Armor All, STP, A/C PRO, Nu Finish, LEXOL, Eagle One, California Scents, and others. The company also offers flashlights, lanterns, headlights, and area lights, and licenses its brands into adjacent categories such as portable power, automotive batteries, generators, and light bulbs. Products reach consumers through a wide range of channels, including mass merchandisers, warehouse clubs, grocery/drug/convenience stores, hardware and automotive centers, e-commerce, and military outlets. Energizer is headquartered in Saint Louis, Missouri, and operates within the consumer staples sector, reflecting the generally non-cyclical demand profile of household batteries and auto maintenance products.

The business follows a multi-brand, multi-category model common in the household products industry, where established brand equity and broad retail distribution drive repeat purchase behavior. Licensing arrangements in categories like solar, portable power, and power tools extend the companys brand reach without requiring direct manufacturing investment in those segments.

Headlines to Watch Out For
  • Zinc and lithium costs pressure battery gross margins
  • Private label competition intensifies from Amazon Basics and Duracell
  • Auto care segment revenue weakens with consumer spending pullback
Piotroski VR-10 (Strict) 3.5
Net Income: 81.5m TTM > 0 and > 6% of Revenue
FCF/TA: 0.03 > 0.02 and ΔFCF/TA -0.13 > 1.0
NWC/Revenue: 27.69% < 20% (prev 24.55%; Δ 3.14% < -1%)
CFO/TA 0.05 > 3% & CFO 217.5m > Net Income 81.5m
Net Debt (3.35b) to EBITDA (405.4m): 8.27 < 3
Current Ratio: 2.07 > 1.5 & < 3
Outstanding Shares: last quarter (69.2m) vs 12m ago -4.02% < -2%
Gross Margin: 36.81% > 18% (prev 42.22%; Δ -5.40% > 0.5%)
Asset Turnover: 66.56% > 50% (prev 64.78%; Δ 1.77% > 0%)
Interest Coverage Ratio: 1.71 > 6 (EBIT TTM 280.7m / Interest Expense TTM 164.1m)
Altman Z'' 1.73
A: 0.19 (Total Current Assets 1.60b - Total Current Liabilities 772.2m) / Total Assets 4.47b
B: 0.01 (Retained Earnings 66.5m / Total Assets 4.47b)
C: 0.06 (EBIT TTM 280.7m / Avg Total Assets 4.49b)
D: 0.05 (Book Value of Equity 203.2m / Total Liabilities 4.26b)
Altman-Z'' = 1.73 = BBB
Beneish M -3.03
DSRI: 0.80 (Receivables 366.9m/447.6m, Revenue 2.99b/2.93b)
GMI: 1.15 (GM 42.22% / 36.81%)
AQI: 1.02 (AQ_t 0.54 / AQ_t-1 0.53)
SGI: 1.02 (Revenue 2.99b / 2.93b)
TATA: -0.03 (NI 81.5m - CFO 217.5m) / TA 4.47b)
Beneish M = -3.03 (Cap -4..+1) = AA
What is the price of ENR shares?

As of August 16, 2026, the stock is trading at USD 22.76 with a total of 545,481 shares traded. Over the past week, the price has changed by +0.84%, over one month by +11.51%, over three months by +38.85% and over the past year by -15.00%.

Current recommended Stop Loss: 20.10 (which is 11.7% or 2.7 ATR below the current price).

Is ENR a buy, sell or hold?

Energizer Holdings has received a consensus analysts rating of 3.50. Therefore, it is recommended to hold ENR.

  • StrongBuy: 2
  • Buy: 0
  • Hold: 6
  • Sell: 0
  • StrongSell: 0

What are the forecasts/targets for the ENR price?
Analysts Target Price 22.3 -1.9%
Energizer Holdings (ENR) - Fundamental Data Overview as of 12 August 2026
Market Cap USD = 1.50b (1.50b USD * 1.0 USD.USD)
P/E Trailing = 18.8966
P/E Forward = 6.5232
P/S = 0.5022
P/B = 7.6067
P/EG = 1.3488
Revenue TTM = 2.99b USD
EBIT TTM = 280.7m USD
EBITDA TTM = 405.4m USD
Long Term Debt = 3.29b USD (from longTermDebt, last quarter)
Short Term Debt = 53.3m USD (from shortTermDebt, last quarter)
Debt = 3.53b USD (from shortLongTermDebtTotal, last quarter) + Leases 97.0m
Net Debt = 3.35b USD (calculated: Debt 3.53b - CCE 173.4m)
Enterprise Value = 4.86b USD (1.50b + Debt 3.53b - CCE 173.4m)
Interest Coverage Ratio = 1.71 (Ebit TTM 280.7m / Interest Expense TTM 164.1m)
EV/FCF = 32.24x (Enterprise Value 4.86b / FCF TTM 150.6m)
FCF Yield = 3.10% (FCF TTM 150.6m / Enterprise Value 4.86b)
FCF Margin = 5.04% (FCF TTM 150.6m / Revenue TTM 2.99b)
Net Margin = 2.73% (Net Income TTM 81.5m / Revenue TTM 2.99b)
Gross Margin = 36.81% ((Revenue TTM 2.99b - Cost of Revenue TTM 1.89b) / Revenue TTM)
Gross Margin QoQ = 38.22% (prev 40.23%)
Tobins Q-Ratio = 1.09 (Enterprise Value 4.86b / Total Assets 4.47b)
Interest Expense / Debt = 4.65% (Interest Expense 164.1m / Debt 3.53b)
Taxrate = 32.14% (38.6m / 120.1m)
NOPAT = 190.5m (EBIT 280.7m * (1 - 32.14%))
Current Ratio = 2.07 (Total Current Assets 1.60b / Total Current Liabilities 772.2m)
Debt / Equity = 17.36 (Debt 3.53b / totalStockholderEquity, last quarter 203.2m)
Debt / EBITDA = 8.27 (Net Debt 3.35b / EBITDA 405.4m)
Debt / FCF = 22.27 (Net Debt 3.35b / FCF TTM 150.6m)
Total Stockholder Equity = 171.9m (last 4 quarters mean from totalStockholderEquity)
RoA = 1.81% (Net Income 81.5m / Total Assets 4.47b)
RoE = 47.41% (Net Income TTM 81.5m / Total Stockholder Equity 171.9m)
RoCE = 8.10% (EBIT 280.7m / Capital Employed (Equity 171.9m + L.T.Debt 3.29b))
RoIC = 5.29% (NOPAT 190.5m / Invested Capital 3.60b)
WACC = 4.78% (E(1.50b)/V(5.03b) * Re(8.59%) + D(3.53b)/V(5.03b) * Rd(4.65%) * (1-Tc(0.32)))
Discount Rate = 8.59% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -79.91 | Cagr: -2.11%
[DCF] Terminal Value 74.78% ; FCFF base≈153.6m ; Y1≈148.2m ; Y5≈144.9m
 [DCF] Fair Price = N/A (negative equity: EV 2.27b - Net Debt 3.35b = -1.08b; debt exceeds intrinsic value)
 EPS Correlation: 38.09 | EPS CAGR: 2.82% | SUE: -0.48 | # QB: 0
Revenue Correlation: 64.49 | Revenue CAGR: 1.02% | SUE: 0.54 | # QB: 0
EPS current Quarter (2026-12-31): EPS=0.60 | Chg30d=-4.86% | Revisions=+0% | Analysts=4
EPS current Year (2026-09-30): EPS=3.30 | Chg30d=-5.86% | Revisions=-17% | GrowthEPS=-6.3% | GrowthRev=+0.4%
EPS next Year (2027-09-30): EPS=3.38 | Chg30d=-7.43% | Revisions=-29% | GrowthEPS=+2.5% | GrowthRev=-0.1%
[Analyst] Revisions Ratio: -25% (up=3, down=6)