ENR Stock Analysis: Energizer Holdings | NYSE
Electrical Equipment & Parts | NYSE, USA | Market Cap: 1.530m USD | 12M Return: 69.8% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 21.2M
EPS Trend: 74.9%
Qual. Beats: 1
Rev. Trend: 44.1%
Qual. Beats: 0
Warnings
Tailwinds
Seasonality 10.5 years of data
Average return per month, with how dependable it is below — did the month move the same way every year (high) or randomly (low). Above 60 is a pattern worth trusting; under 40 is noise.
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.
- 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
| Net Income: 195.1m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.04 > 0.02 and ΔFCF/TA -0.59 > 1.0 |
| NWC/Revenue: 25.75% < 20% (prev 22.24%; Δ 3.51% < -1%) |
| CFO/TA 0.05 > 3% & CFO 230.7m > Net Income 195.1m |
| Net Debt (3.33b) to EBITDA (518.9m): 6.41 < 3 |
| Current Ratio: 2.05 > 1.5 & < 3 |
| Outstanding Shares: last quarter (69.1m) vs 12m ago -5.73% < -2% |
| Gross Margin: 40.92% > 18% (prev 38.34%; Δ 2.58% > 0.5%) |
| Asset Turnover: 69.22% > 50% (prev 68.89%; Δ 0.33% > 0%) |
| Interest Coverage Ratio: 2.43 > 6 (EBIT TTM 392.2m / Interest Expense TTM 161.2m) |
| A: 0.17 (Total Current Assets 1.50b - Total Current Liabilities 732.0m) / Total Assets 4.40b |
| B: 0.01 (Retained Earnings 47.9m / Total Assets 4.40b) |
| C: 0.09 (EBIT TTM 392.2m / Avg Total Assets 4.31b) |
| D: 0.04 (Book Value of Equity 173.2m / Total Liabilities 4.23b) |
| Altman-Z'' = 1.84 = BBB |
| DSRI: 1.17 (Receivables 432.0m/358.1m, Revenue 2.98b/2.90b) |
| GMI: 0.94 (GM 38.34% / 40.92%) |
| AQI: 0.99 (AQ_t 0.55 / AQ_t-1 0.56) |
| SGI: 1.03 (Revenue 2.98b / 2.90b) |
| TATA: -0.01 (NI 195.1m - CFO 230.7m) / TA 4.40b) |
| Beneish M = -2.93 (Cap -4..+1) = A |
As of July 01, 2026, the stock is trading at USD 21.44 with a total of 1,422,468 shares traded. Over the past week, the price has changed by +2.03%, over one month by +3.63%, over three months by +16.56% and over the past year by +69.80%.
Current recommended Stop Loss: 20.00 (which is 6.7% or 1.6 ATR below the current price).
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
| Analysts Target Price | 20.7 | -3.6% |
P/E Trailing = 8.1868
P/E Forward = 6.0096
P/S = 0.5135
P/B = 8.8359
P/EG = 1.4305
Revenue TTM = 2.98b USD
EBIT TTM = 392.2m USD
EBITDA TTM = 518.9m USD
Long Term Debt = 3.30b USD (from longTermDebt, last quarter)
Short Term Debt = 22.9m USD (from shortTermDebt, last quarter)
Debt = 3.50b USD (from shortLongTermDebtTotal, last quarter) + Leases 92.9m
Net Debt = 3.33b USD (calculated: Debt 3.50b - CCE 172.5m)
Enterprise Value = 4.86b USD (1.53b + Debt 3.50b - CCE 172.5m)
Interest Coverage Ratio = 2.43 (Ebit TTM 392.2m / Interest Expense TTM 161.2m)
EV/FCF = 30.47x (Enterprise Value 4.86b / FCF TTM 159.4m)
FCF Yield = 3.28% (FCF TTM 159.4m / Enterprise Value 4.86b)
FCF Margin = 5.35% (FCF TTM 159.4m / Revenue TTM 2.98b)
Net Margin = 6.55% (Net Income TTM 195.1m / Revenue TTM 2.98b)
Gross Margin = 40.92% ((Revenue TTM 2.98b - Cost of Revenue TTM 1.76b) / Revenue TTM)
Gross Margin QoQ = 40.23% (prev 32.94%)
Tobins Q-Ratio = 1.10 (Enterprise Value 4.86b / Total Assets 4.40b)
Interest Expense / Debt = 4.61% (Interest Expense 161.2m / Debt 3.50b)
Taxrate = 16.80% (39.4m / 234.5m)
NOPAT = 326.3m (EBIT 392.2m * (1 - 16.80%))
Current Ratio = 2.05 (Total Current Assets 1.50b / Total Current Liabilities 732.0m)
Debt / Equity = 20.20 (Debt 3.50b / totalStockholderEquity, last quarter 173.2m)
Debt / EBITDA = 6.41 (Net Debt 3.33b / EBITDA 518.9m)
Debt / FCF = 20.87 (Net Debt 3.33b / FCF TTM 159.4m)
Total Stockholder Equity = 166.9m (last 4 quarters mean from totalStockholderEquity)
RoA = 4.53% (Net Income 195.1m / Total Assets 4.40b)
RoE = 116.9% (Net Income TTM 195.1m / Total Stockholder Equity 166.9m)
RoCE = 11.30% (EBIT 392.2m / Capital Employed (Equity 166.9m + L.T.Debt 3.30b))
RoIC = 9.22% (NOPAT 326.3m / Invested Capital 3.54b)
WACC = 5.14% (E(1.53b)/V(5.03b) * Re(8.12%) + D(3.50b)/V(5.03b) * Rd(4.61%) * (1-Tc(0.17)))
Discount Rate = 8.12% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -35.96 | Cagr: -2.17%
[DCF] Terminal Value 73.94% ; FCFF base≈166.6m ; Y1≈153.0m ; Y5≈135.6m
[DCF] Fair Price = N/A (negative equity: EV 2.15b - Net Debt 3.33b = -1.17b; debt exceeds intrinsic value)
EPS Correlation: 74.94 | EPS CAGR: 7.14% | SUE: 2.56 | # QB: 1
Revenue Correlation: 44.14 | Revenue CAGR: 0.63% | SUE: -0.79 | # QB: 0
EPS current Year (2026-09-30): EPS=3.50 | Chg30d=+5.52% | Revisions=+56% | GrowthEPS=-0.5% | GrowthRev=+2.0%
EPS next Year (2027-09-30): EPS=3.65 | Chg30d=-2.96% | Revisions=-11% | GrowthEPS=+4.2% | GrowthRev=+1.1%
[Analyst] Revisions Ratio: +56%