ENERGIZER HOLDINGS INC (ENR) Stock Fundamental Analysis
NYSE:ENR - US29272W1099 - Common Stock
27.56 USD
+0.25 (+0.92%)
27.56 USD
0 (0%)
We assign a fundamental rating of 4 out of 10 to ENR. ENR was compared to 12 industry peers in the Household Products industry. There are concerns on the financial health of ENR while its profitability can be described as average. A decent growth rate in combination with a cheap valuation! Better keep an eye on ENR. ENR also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
ENR had positive earnings in the past year.
ENR had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: ENR reported negative net income in multiple years.
ENR had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
ENR has a worse Return On Assets (5.57%) than 66.67% of its industry peers.
ENR's Return On Equity of 137.39% is fine compared to the rest of the industry. ENR outperforms 75.00% of its industry peers.
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.
Measured over the past 3 years, the Average Return On Invested Capital for ENR is significantly below the industry average of 15.56%.
The last Return On Invested Capital (9.37%) for ENR is above the 3 year average (8.71%), which is a sign of increasing profitability.
| 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
Looking at the Profit Margin, with a value of 8.60%, ENR is in line with its industry, outperforming 41.67% of the companies in the same industry.
ENR's Profit Margin has declined in the last couple of years.
ENR has a Operating Margin of 15.83%. This is comparable to the rest of the industry: ENR outperforms 50.00% of its industry peers.
ENR's Operating Margin has been stable in the last couple of years.
With a Gross Margin value of 41.68%, ENR perfoms like the industry average, outperforming 58.33% of the companies in the same industry.
ENR's Gross Margin has been stable in the last couple of years.
| 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
Compared to 5 years ago, ENR has more shares outstanding
The debt/assets ratio for ENR has been reduced compared to a year ago.
2.2 Solvency
ENR has an Altman-Z score of 1.46. This is a bad value and indicates that ENR is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 1.46, ENR is doing worse than 83.33% of the companies in the same industry.
ENR has a debt to FCF ratio of 21.27. This is a negative value and a sign of low solvency as ENR would need 21.27 years to pay back of all of its debts.
The Debt to FCF ratio of ENR (21.27) is worse than 91.67% of its industry peers.
ENR has a Debt/Equity ratio of 18.30. This is a high value indicating a heavy dependency on external financing.
ENR has a Debt to Equity ratio of 18.30. This is amonst the worse of the industry: ENR underperforms 91.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 18.3 | ||
| Debt/FCF | 21.27 | ||
| Altman-Z | 1.46 |
ROIC/WACC1.64
WACC5.7%
2.3 Liquidity
ENR has a Current Ratio of 1.78. This is a normal value and indicates that ENR is financially healthy and should not expect problems in meeting its short term obligations.
ENR has a Current ratio (1.78) which is in line with its industry peers.
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 has a Quick ratio (0.84) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.78 | ||
| Quick Ratio | 0.84 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 1.21% over the past year.
ENR shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 1.12% yearly.
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
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
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 8.25, the valuation of ENR can be described as very reasonable.
ENR's Price/Earnings ratio is rather cheap when compared to the industry. ENR is cheaper than 100.00% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.13, ENR is valued rather cheaply.
With a Price/Forward Earnings ratio of 7.18, the valuation of ENR can be described as very cheap.
100.00% of the companies in the same industry are more expensive than ENR, based on the Price/Forward Earnings ratio.
ENR's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 22.76.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.25 | ||
| Fwd PE | 7.18 |
4.2 Price Multiples
83.33% of the companies in the same industry are more expensive than ENR, based on the Enterprise Value to EBITDA ratio.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of ENR indicates a rather cheap valuation: ENR is cheaper than 83.33% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.91 | ||
| EV/EBITDA | 8.39 |
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)0.85
PEG (5Y)7.36
EPS Next 2Y7.56%
EPS Next 3Y7.34%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.39%, ENR is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 2.93, 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 2.32.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.39% |
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
35.04% of the earnings are spent on dividend by ENR. This is a low number and sustainable payout ratio.
DP35.04%
EPS Next 2Y7.56%
EPS Next 3Y7.34%
27.56
+0.25 (+0.92%)
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 Cap1.88B
Analysts70
Price Target32.35 (17.38%)
Short Float %8%
Short Ratio4.33
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.39% |
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)6.73%
PT rev (3m)-5.93%
EPS NQ rev (1m)-18.56%
EPS NQ rev (3m)-15.77%
EPS NY rev (1m)6.95%
EPS NY rev (3m)6.95%
Revenue NQ rev (1m)2.13%
Revenue NQ rev (3m)1.85%
Revenue NY rev (1m)1.36%
Revenue NY rev (3m)1.33%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.25 | ||
| Fwd PE | 7.18 | ||
| P/S | 0.64 | ||
| P/FCF | 11.91 | ||
| P/OCF | 7.39 | ||
| P/B | 10.27 | ||
| P/tB | N/A | ||
| EV/EBITDA | 8.39 |
EPS(TTM)3.34
EY12.12%
EPS(NY)3.84
Fwd EY13.94%
FCF(TTM)2.31
FCFY8.4%
OCF(TTM)3.73
OCFY13.53%
SpS42.85
BVpS2.68
TBVpS-27.73
PEG (NY)0.85
PEG (5Y)7.36
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 | 1.46 |
F-Score6
WACC5.7%
ROIC/WACC1.64
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%