ENERGIZER HOLDINGS INC (ENR) Stock Fundamental Analysis
NYSE:ENR - New York Stock Exchange, Inc. - US29272W1099 - Common Stock - Currency: USD
Overall ENR gets a fundamental rating of 4 out of 10. We evaluated ENR against 12 industry peers in the Household Products industry. ENR has a medium profitability rating, but doesn't score so well on its financial health evaluation. A decent growth rate in combination with a cheap valuation! Better keep an eye on ENR.
1. Profitability
1.1 Basic Checks
ENR had positive earnings in the past year.
In the past year ENR had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: ENR reported negative net income in multiple years.
In the past 5 years ENR always reported a positive cash flow from operatings.
1.2 Ratios
ENR has a worse Return On Assets (1.38%) than 91.67% of its industry peers.
With an excellent Return On Equity value of 41.61%, ENR belongs to the best of the industry, outperforming 83.33% of the companies in the same industry.
ENR has a Return On Invested Capital of 9.71%. This is in the lower half of the industry: ENR underperforms 66.67% of its industry peers.
The Average Return On Invested Capital over the past 3 years for ENR is significantly below the industry average of 15.46%.
The last Return On Invested Capital (9.71%) for ENR is above the 3 year average (8.71%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.38% | ||
| ROE | 41.61% | ||
| ROIC | 9.71% |
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
The Profit Margin of ENR (2.02%) is worse than 91.67% of its industry peers.
ENR's Profit Margin has declined in the last couple of years.
With a Operating Margin value of 15.31%, ENR perfoms like the industry average, outperforming 58.33% of the companies in the same industry.
ENR's Operating Margin has been stable in the last couple of years.
ENR's Gross Margin of 40.78% is in line compared to the rest of the industry. ENR outperforms 58.33% of its industry peers.
In the last couple of years the Gross Margin of ENR has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 15.31% | ||
| PM (TTM) | 2.02% | ||
| GM | 40.78% |
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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so ENR is still creating some value.
The number of shares outstanding for ENR has been increased compared to 1 year ago.
ENR has more shares outstanding than it did 5 years ago.
ENR has a better debt/assets ratio than last year.
2.2 Solvency
ENR has an Altman-Z score of 1.45. This is a bad value and indicates that ENR is not financially healthy and even has some risk of bankruptcy.
ENR's Altman-Z score of 1.45 is on the low side compared to the rest of the industry. ENR is outperformed by 91.67% of its industry peers.
The Debt to FCF ratio of ENR is 14.14, which is on the high side as it means it would take ENR, 14.14 years of fcf income to pay off all of its debts.
ENR's Debt to FCF ratio of 14.14 is on the low side compared to the rest of the industry. ENR is outperformed by 91.67% of its industry peers.
ENR has a Debt/Equity ratio of 22.18. This is a high value indicating a heavy dependency on external financing.
ENR has a worse Debt to Equity ratio (22.18) than 75.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 22.18 | ||
| Debt/FCF | 14.14 | ||
| Altman-Z | 1.45 |
ROIC/WACC1.65
WACC5.89%
2.3 Liquidity
A Current Ratio of 1.80 indicates that ENR should not have too much problems paying its short term obligations.
With a Current ratio value of 1.80, ENR perfoms like the industry average, outperforming 50.00% of the companies in the same industry.
A Quick Ratio of 0.94 indicates that ENR may have some problems paying its short term obligations.
ENR has a Quick ratio (0.94) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.8 | ||
| Quick Ratio | 0.94 |
3. Growth
3.1 Past
ENR shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 14.48%, which is quite good.
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 decreased by -0.31% in the past year.
The Revenue has been growing slightly by 2.97% on average over the past years.
EPS 1Y (TTM)14.48%
EPS 3Y-1.46%
EPS 5Y1.12%
EPS Q2Q%13.56%
Revenue 1Y (TTM)-0.31%
Revenue growth 3Y-1.51%
Revenue growth 5Y2.97%
Sales Q2Q%2.11%
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 4.97% on average per year.
Based on estimates for the next years, ENR will show a small growth in Revenue. The Revenue will grow by 1.72% on average per year.
EPS Next Y7.94%
EPS Next 2Y7.38%
EPS Next 3Y6.49%
EPS Next 5Y4.97%
Revenue Next Year1.44%
Revenue Next 2Y1.4%
Revenue Next 3Y1.3%
Revenue Next 5Y1.72%
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
The Price/Earnings ratio is 7.02, which indicates a rather cheap valuation of ENR.
100.00% of the companies in the same industry are more expensive than ENR, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of ENR to the average of the S&P500 Index (24.29), we can say ENR is valued rather cheaply.
With a Price/Forward Earnings ratio of 6.24, the valuation of ENR can be described as very cheap.
Based on the Price/Forward Earnings ratio, ENR is valued 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 20.42.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.02 | ||
| Fwd PE | 6.24 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, ENR is valued a bit cheaper than the industry average as 75.00% of the companies are valued more expensively.
83.33% of the companies in the same industry are more expensive than ENR, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.78 | ||
| EV/EBITDA | 8.48 |
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)0.88
PEG (5Y)6.26
EPS Next 2Y7.38%
EPS Next 3Y6.49%
5. Dividend
5.1 Amount
ENR has a Yearly Dividend Yield of 4.51%, which is a nice return.
The stock price of ENR dropped by -25.66% in the last 3 months. With lower prices the dividend yield is higher, but it may be a sign investors do not trust the long term dividend.
Compared to an average industry Dividend Yield of 2.81, ENR pays a better dividend. On top of this ENR pays more dividend than 100.00% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.43, ENR pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.51% |
5.2 History
The dividend of ENR decreases each year by -2.94%.
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)-2.94%
Div Incr Years0
Div Non Decr Years8
5.3 Sustainability
150.94% of the earnings are spent on dividend by ENR. This is not a sustainable payout ratio.
DP150.94%
EPS Next 2Y7.38%
EPS Next 3Y6.49%
23.87
-2.01 (-7.77%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupHousehold & Personal Products
GICS IndustryHousehold Products
Earnings (Last)
Earnings (Next)
Inst Owners86.55%
Inst Owner Change-1.06%
Ins Owners0.68%
Ins Owner Change11.65%
Market Cap1.72B
Analysts70
Price Target34.39 (44.07%)
Short Float %4.42%
Short Ratio4.68
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.51% |
Yearly Dividend1.22
Dividend Growth(5Y)-2.94%
DP150.94%
Div Incr Years0
Div Non Decr Years8
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)2.93%
Min EPS beat(2)2.48%
Max EPS beat(2)3.37%
EPS beat(4)4
Avg EPS beat(4)7.34%
Min EPS beat(4)2.48%
Max EPS beat(4)17.53%
EPS beat(8)7
Avg EPS beat(8)4.66%
EPS beat(12)10
Avg EPS beat(12)4.87%
EPS beat(16)14
Avg EPS beat(16)6.91%
Revenue beat(2)0
Avg Revenue beat(2)-0.81%
Min Revenue beat(2)-1.08%
Max Revenue beat(2)-0.54%
Revenue beat(4)0
Avg Revenue beat(4)-1.05%
Min Revenue beat(4)-1.47%
Max Revenue beat(4)-0.54%
Revenue beat(8)1
Avg Revenue beat(8)-1.45%
Revenue beat(12)3
Avg Revenue beat(12)-1.19%
Revenue beat(16)7
Avg Revenue beat(16)0.57%
PT rev (1m)-10.27%
PT rev (3m)-10.99%
EPS NQ rev (1m)0.43%
EPS NQ rev (3m)-11.92%
EPS NY rev (1m)0.12%
EPS NY rev (3m)0.36%
Revenue NQ rev (1m)-0.18%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0.07%
Revenue NY rev (3m)0.44%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.02 | ||
| Fwd PE | 6.24 | ||
| P/S | 0.59 | ||
| P/FCF | 7.78 | ||
| P/OCF | 5.25 | ||
| P/B | 12.26 | ||
| P/tB | N/A | ||
| EV/EBITDA | 8.48 |
EPS(TTM)3.4
EY14.24%
EPS(NY)3.83
Fwd EY16.04%
FCF(TTM)3.07
FCFY12.85%
OCF(TTM)4.55
OCFY19.06%
SpS40.2
BVpS1.95
TBVpS-26.94
PEG (NY)0.88
PEG (5Y)6.26
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.38% | ||
| ROE | 41.61% | ||
| ROCE | 12.89% | ||
| ROIC | 9.71% | ||
| ROICexc | 10.3% | ||
| ROICexgc | 28.7% | ||
| OM | 15.31% | ||
| PM (TTM) | 2.02% | ||
| GM | 40.78% | ||
| FCFM | 7.63% |
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 Turnover0.69
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 22.18 | ||
| Debt/FCF | 14.14 | ||
| Debt/EBITDA | 5.5 | ||
| Cap/Depr | 87.49% | ||
| Cap/Sales | 3.69% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 57.98% | ||
| Profit Quality | 378.63% | ||
| Current Ratio | 1.8 | ||
| Quick Ratio | 0.94 | ||
| Altman-Z | 1.45 |
F-Score6
WACC5.89%
ROIC/WACC1.65
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)14.48%
EPS 3Y-1.46%
EPS 5Y1.12%
EPS Q2Q%13.56%
EPS Next Y7.94%
EPS Next 2Y7.38%
EPS Next 3Y6.49%
EPS Next 5Y4.97%
Revenue 1Y (TTM)-0.31%
Revenue growth 3Y-1.51%
Revenue growth 5Y2.97%
Sales Q2Q%2.11%
Revenue Next Year1.44%
Revenue Next 2Y1.4%
Revenue Next 3Y1.3%
Revenue Next 5Y1.72%
EBIT growth 1Y12.94%
EBIT growth 3Y-5.4%
EBIT growth 5Y2.33%
EBIT Next Year35.41%
EBIT Next 3Y11.77%
EBIT Next 5YN/A
FCF growth 1Y59.35%
FCF growth 3Y42.43%
FCF growth 5Y28.57%
OCF growth 1Y51.66%
OCF growth 3Y33.71%
OCF growth 5Y23.51%