ENERGIZER HOLDINGS INC (ENR)
US29272W1099 - Common Stock
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. ENR has a bad profitability rating. Also its financial health evaluation is rather negative. ENR is valued quite cheap, while showing a decent growth score. This is a good combination! Finally 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's Return On Assets of 2.11% is on the low side compared to the rest of the industry. ENR is outperformed by 83.33% of its industry peers.
ENR has a Return On Equity of 54.75%. This is in the better half of the industry: ENR outperforms 66.67% of its industry peers.
Looking at the Return On Invested Capital, with a value of 8.50%, ENR is doing worse than 66.67% of the companies in the same industry.
ENR had an Average Return On Invested Capital over the past 3 years of 9.24%. This is below the industry average of 13.99%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.11% | ||
| ROE | 54.75% | ||
| ROIC | 8.5% |
ROA(3y)0.28%
ROA(5y)-0.07%
ROE(3y)-24.32%
ROE(5y)-20.24%
ROIC(3y)9.24%
ROIC(5y)8.72%
1.3 Margins
ENR has a Profit Margin of 3.21%. This is amonst the worse of the industry: ENR underperforms 83.33% of its industry peers.
In the last couple of years the Profit Margin of ENR has declined.
ENR has a Operating Margin of 13.51%. This is comparable to the rest of the industry: ENR outperforms 50.00% of its industry peers.
ENR's Operating Margin has declined in the last couple of years.
ENR has a Gross Margin (38.99%) which is in line with its industry peers.
In the last couple of years the Gross Margin of ENR has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 13.51% | ||
| PM (TTM) | 3.21% | ||
| GM | 38.99% |
OM growth 3Y-5.2%
OM growth 5Y-5.01%
PM growth 3YN/A
PM growth 5Y-1.81%
GM growth 3Y-1.83%
GM growth 5Y-3.35%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so ENR is still creating some value.
Compared to 1 year ago, ENR has more shares outstanding
Compared to 5 years ago, ENR has more shares outstanding
Compared to 1 year ago, ENR has an improved debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 1.39, we must say that ENR is in the distress zone and has some risk of bankruptcy.
ENR has a Altman-Z score of 1.39. This is amonst the worse of the industry: ENR underperforms 91.67% of its industry peers.
ENR has a debt to FCF ratio of 9.77. This is a negative value and a sign of low solvency as ENR would need 9.77 years to pay back of all of its debts.
With a Debt to FCF ratio value of 9.77, ENR is not doing good in the industry: 83.33% of the companies in the same industry are doing better.
A Debt/Equity ratio of 19.38 is on the high side and indicates that ENR has dependencies on debt financing.
ENR's Debt to Equity ratio of 19.38 is on the low side compared to the rest of the industry. ENR is outperformed by 75.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 19.38 | ||
| Debt/FCF | 9.77 | ||
| Altman-Z | 1.39 |
ROIC/WACC1.33
WACC6.37%
2.3 Liquidity
A Current Ratio of 2.03 indicates that ENR has no problem at all paying its short term obligations.
The Current ratio of ENR (2.03) is comparable to the rest of the industry.
ENR has a Quick Ratio of 1.15. This is a normal value and indicates that ENR is financially healthy and should not expect problems in meeting its short term obligations.
ENR's Quick ratio of 1.15 is in line compared to the rest of the industry. ENR outperforms 58.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.03 | ||
| Quick Ratio | 1.15 |
3. Growth
3.1 Past
ENR shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 6.83%.
ENR shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -1.66% yearly.
ENR shows a decrease in Revenue. In the last year, the revenue decreased by -1.94%.
The Revenue has been growing by 10.49% on average over the past years. This is quite good.
EPS 1Y (TTM)6.83%
EPS 3Y10.3%
EPS 5Y-1.66%
EPS growth Q2Q-18.06%
Revenue 1Y (TTM)-1.94%
Revenue growth 3Y2.54%
Revenue growth 5Y10.49%
Revenue growth Q2Q-6.34%
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 6.37% on average per year.
ENR is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 1.67% yearly.
EPS Next Y4.75%
EPS Next 2Y6.65%
EPS Next 3Y5.6%
EPS Next 5Y6.37%
Revenue Next Year-1.28%
Revenue Next 2Y0.07%
Revenue Next 3Y0.57%
Revenue Next 5Y1.67%
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 9.88 indicates a reasonable valuation of ENR.
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.
The average S&P500 Price/Earnings ratio is at 28.06. ENR is valued rather cheaply when compared to this.
A Price/Forward Earnings ratio of 8.32 indicates a reasonable valuation of ENR.
ENR's Price/Forward Earnings ratio is rather cheap when compared to the industry. ENR is cheaper than 100.00% of the companies in the same industry.
ENR's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 20.72.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.88 | ||
| Fwd PE | 8.32 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, ENR is valued cheaper than 83.33% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, ENR is valued cheaper than 100.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.2 | ||
| EV/EBITDA | 10 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
PEG (NY)2.08
PEG (5Y)N/A
EPS Next 2Y6.65%
EPS Next 3Y5.6%
5. Dividend
5.1 Amount
ENR has a Yearly Dividend Yield of 4.23%, which is a nice return.
Compared to an average industry Dividend Yield of 2.53, 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 2.41.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.23% |
5.2 History
The dividend of ENR has a limited annual growth rate of 0.76%.
ENR has been paying a dividend for at least 10 years, so it has 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)0.76%
Div Incr Years0
Div Non Decr Years8
5.3 Sustainability
93.36% of the earnings are spent on dividend by ENR. This is not a sustainable payout ratio.
The dividend of ENR is growing, but earnings are growing more, so the dividend growth is sustainable.
DP93.36%
EPS Next 2Y6.65%
EPS Next 3Y5.6%
ENERGIZER HOLDINGS INC
NYSE:ENR (5/2/2024, 7:04:00 PM)
After market: 29.34 0 (0%)29.34
+0.58 (+2.02%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupHousehold & Personal Products
GICS IndustryHousehold Products
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap2.11B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.23% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.88 | ||
| Fwd PE | 8.32 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)2.08
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.11% | ||
| ROE | 54.75% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 13.51% | ||
| PM (TTM) | 3.21% | ||
| GM | 38.99% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.66
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 19.38 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 2.03 | ||
| Quick Ratio | 1.15 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)6.83%
EPS 3Y10.3%
EPS 5Y
EPS growth Q2Q
EPS Next Y4.75%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-1.94%
Revenue growth 3Y2.54%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y