ENERGIZER HOLDINGS INC (ENR) Stock Fundamental Analysis
USA - NYSE:ENR - US29272W1099 - Common Stock
27.66 USD
-1.17 (-4.06%)
27.66 USD
0 (0%)
ENR gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals 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. ENR may be a bit undervalued, certainly considering the very reasonable score on growth 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.
In multiple years ENR reported negative net income over the last 5 years.
Each year in the past 5 years ENR had a positive operating cash flow.
1.2 Ratios
The Return On Assets of ENR (5.57%) is worse than 66.67% of its industry peers.
ENR has a Return On Equity of 137.39%. This is in the better half 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.
The Average Return On Invested Capital over the past 3 years 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.
The Operating Margin of ENR (15.83%) is comparable to the rest of the industry.
ENR's Operating Margin has been stable in the last couple of years.
Looking at the Gross Margin, with a value of 41.68%, ENR is in line with its industry, outperforming 58.33% of the companies in the same industry.
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 | 15.83% | ||
| 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
ENR has more shares outstanding than it did 5 years ago.
The debt/assets ratio for ENR has been reduced compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 1.47, we must say that ENR is in the distress zone and has some risk of bankruptcy.
ENR's Altman-Z score of 1.47 is on the low side compared to the rest of the industry. ENR is outperformed by 83.33% of its industry peers.
The Debt to FCF ratio of ENR is 21.27, which is on the high side as it means it would take ENR, 21.27 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 21.27, ENR is doing worse than 91.67% of the companies in the same industry.
ENR has a Debt/Equity ratio of 18.30. This is a high value indicating a heavy dependency on external financing.
ENR has a worse Debt to Equity ratio (18.30) than 91.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 18.3 | ||
| Debt/FCF | 21.27 | ||
| Altman-Z | 1.47 |
ROIC/WACC1.66
WACC5.66%
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.
The Current ratio of ENR (1.78) is comparable to the rest of the industry.
A Quick Ratio of 0.84 indicates that ENR may have some problems paying its short term obligations.
The Quick ratio of ENR (0.84) 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.
Measured over the past 5 years, ENR shows a small growth in Earnings Per Share. The EPS has been growing by 1.12% on average per year.
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.
Based on estimates for the next years, ENR will show a small growth in Revenue. The Revenue will grow by 2.02% on average per year.
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.
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 8.28 indicates a reasonable valuation of ENR.
Compared to the rest of the industry, the Price/Earnings ratio of ENR indicates a rather cheap valuation: ENR is cheaper than 100.00% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 27.38. ENR is valued rather cheaply when compared to this.
ENR is valuated cheaply with a Price/Forward Earnings ratio of 7.20.
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.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.86, ENR is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.28 | ||
| Fwd PE | 7.2 |
4.2 Price Multiples
ENR's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. ENR is cheaper than 75.00% of the companies in the same industry.
ENR's Price/Free Cash Flow ratio is rather cheap when compared to the industry. ENR is cheaper than 83.33% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.95 | ||
| EV/EBITDA | 8.54 |
4.3 Compensation for Growth
ENR's 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)7.39
EPS Next 2Y7.56%
EPS Next 3Y7.34%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.06%, ENR is a good candidate for dividend investing.
ENR's Dividend Yield is rather good when compared to the industry average which is at 2.88. ENR pays more dividend than 100.00% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.38, ENR pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.06% |
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.
ENR has not decreased its dividend in the past 5 years, so it has a somewhat stable track record.
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%
27.66
-1.17 (-4.06%)
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 Cap1.89B
Analysts70
Price Target32.35 (16.96%)
Short Float %8.73%
Short Ratio5.09
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.06% |
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)7.25%
PT rev (3m)5.71%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-18.73%
EPS NY rev (1m)0%
EPS NY rev (3m)6.95%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)1.9%
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.33%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.28 | ||
| Fwd PE | 7.2 | ||
| P/S | 0.65 | ||
| P/FCF | 11.95 | ||
| P/OCF | 7.42 | ||
| P/B | 10.31 | ||
| P/tB | N/A | ||
| EV/EBITDA | 8.54 |
EPS(TTM)3.34
EY12.08%
EPS(NY)3.84
Fwd EY13.89%
FCF(TTM)2.31
FCFY8.37%
OCF(TTM)3.73
OCFY13.48%
SpS42.85
BVpS2.68
TBVpS-27.73
PEG (NY)0.85
PEG (5Y)7.39
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 | 1.47 |
F-Score6
WACC5.66%
ROIC/WACC1.66
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%