ENERSYS (ENS)
US29275Y1029 - Common Stock
Taking everything into account, ENS scores 7 out of 10 in our fundamental rating. ENS was compared to 86 industry peers in the Electrical Equipment industry. Both the health and profitability get an excellent rating, making ENS a very profitable company, without any liquidiy or solvency issues. A decent growth rate in combination with a cheap valuation! Better keep an eye on ENS. With these ratings, ENS could be worth investigating further for value and quality investing!.
1. Profitability
1.1 Basic Checks
ENS had positive earnings in the past year.
In the past year ENS had a positive cash flow from operations.
In the past 5 years ENS has always been profitable.
Of the past 5 years ENS 4 years had a positive operating cash flow.
1.2 Ratios
The Return On Assets of ENS (7.83%) is better than 82.14% of its industry peers.
The Return On Equity of ENS (15.88%) is better than 86.90% of its industry peers.
ENS has a better Return On Invested Capital (11.60%) than 86.90% of its industry peers.
ENS had an Average Return On Invested Capital over the past 3 years of 7.49%. This is below the industry average of 10.40%.
The last Return On Invested Capital (11.60%) for ENS is above the 3 year average (7.49%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.83% | ||
| ROE | 15.88% | ||
| ROIC | 11.6% |
ROA(3y)4.28%
ROA(5y)4.43%
ROE(3y)9.99%
ROE(5y)10.6%
ROIC(3y)7.49%
ROIC(5y)7.73%
1.3 Margins
The Profit Margin of ENS (7.49%) is better than 79.76% of its industry peers.
ENS's Profit Margin has been stable in the last couple of years.
With a decent Operating Margin value of 10.82%, ENS is doing good in the industry, outperforming 76.19% of the companies in the same industry.
In the last couple of years the Operating Margin of ENS has declined.
ENS's Gross Margin of 26.62% is fine compared to the rest of the industry. ENS outperforms 60.71% of its industry peers.
ENS's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 10.82% | ||
| PM (TTM) | 7.49% | ||
| GM | 26.62% |
OM growth 3Y-1.24%
OM growth 5Y-5.74%
PM growth 3Y2.21%
PM growth 5Y0.46%
GM growth 3Y-3.77%
GM growth 5Y-2.34%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), ENS is creating some value.
Compared to 1 year ago, ENS has less shares outstanding
The number of shares outstanding for ENS has been reduced compared to 5 years ago.
ENS has a better debt/assets ratio than last year.
2.2 Solvency
ENS has an Altman-Z score of 3.94. This indicates that ENS is financially healthy and has little risk of bankruptcy at the moment.
ENS's Altman-Z score of 3.94 is fine compared to the rest of the industry. ENS outperforms 77.38% of its industry peers.
ENS has a debt to FCF ratio of 2.44. This is a good value and a sign of high solvency as ENS would need 2.44 years to pay back of all of its debts.
With an excellent Debt to FCF ratio value of 2.44, ENS belongs to the best of the industry, outperforming 85.71% of the companies in the same industry.
A Debt/Equity ratio of 0.51 indicates that ENS is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.51, ENS is doing worse than 61.90% of the companies in the same industry.
Even though the debt/equity ratio score it not favorable for ENS, it has very limited outstanding debt, so we won't put too much weight on the DE evaluation.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.51 | ||
| Debt/FCF | 2.44 | ||
| Altman-Z | 3.94 |
ROIC/WACC1.13
WACC10.29%
2.3 Liquidity
ENS has a Current Ratio of 2.67. This indicates that ENS is financially healthy and has no problem in meeting its short term obligations.
ENS has a Current ratio of 2.67. This is in the better half of the industry: ENS outperforms 73.81% of its industry peers.
A Quick Ratio of 1.53 indicates that ENS should not have too much problems paying its short term obligations.
ENS's Quick ratio of 1.53 is in line compared to the rest of the industry. ENS outperforms 55.95% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.67 | ||
| Quick Ratio | 1.53 |
3. Growth
3.1 Past
ENS shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 71.46%, which is quite impressive.
The Earnings Per Share has been growing slightly by 2.80% on average over the past years.
Looking at the last year, ENS shows a small growth in Revenue. The Revenue has grown by 0.98% in the last year.
ENS shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 7.51% yearly.
EPS 1Y (TTM)71.46%
EPS 3Y4.56%
EPS 5Y2.8%
EPS growth Q2Q101.57%
Revenue 1Y (TTM)0.98%
Revenue growth 3Y6.3%
Revenue growth 5Y7.51%
Revenue growth Q2Q-6.38%
3.2 Future
Based on estimates for the next years, ENS will show a quite strong growth in Earnings Per Share. The EPS will grow by 17.90% on average per year.
ENS is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 1.10% yearly.
EPS Next Y56.73%
EPS Next 2Y26.72%
EPS Next 3Y17.9%
EPS Next 5YN/A
Revenue Next Year-2.94%
Revenue Next 2Y-0.84%
Revenue Next 3Y1.1%
Revenue Next 5YN/A
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 11.73, which indicates a very decent valuation of ENS.
ENS's Price/Earnings ratio is rather cheap when compared to the industry. ENS is cheaper than 92.86% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 28.11. ENS is valued rather cheaply when compared to this.
With a Price/Forward Earnings ratio of 11.08, the valuation of ENS can be described as very reasonable.
94.05% of the companies in the same industry are more expensive than ENS, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 20.39, ENS is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.73 | ||
| Fwd PE | 11.08 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, ENS is valued cheaply inside the industry as 91.67% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, ENS is valued cheaper than 94.05% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.28 | ||
| EV/EBITDA | 9.08 |
4.3 Compensation for Growth
ENS's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The decent profitability rating of ENS may justify a higher PE ratio.
A more expensive valuation may be justified as ENS's earnings are expected to grow with 17.90% in the coming years.
PEG (NY)0.21
PEG (5Y)4.19
EPS Next 2Y26.72%
EPS Next 3Y17.9%
5. Dividend
5.1 Amount
With a yearly dividend of 0.97%, ENS is not a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 2.28, ENS pays a better dividend. On top of this ENS pays more dividend than 85.71% of the companies listed in the same industry.
With a Dividend Yield of 0.97, ENS pays less dividend than the S&P500 average, which is at 2.40.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.97% |
5.2 History
The dividend of ENS has a limited annual growth rate of 0.02%.
ENS has been paying a dividend for at least 10 years, so it has a reliable track record.
ENS has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)0.02%
Div Incr Years1
Div Non Decr Years10
5.3 Sustainability
11.88% of the earnings are spent on dividend by ENS. This is a low number and sustainable payout ratio.
ENS's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP11.88%
EPS Next 2Y26.72%
EPS Next 3Y17.9%
ENERSYS
NYSE:ENS (5/7/2024, 6:52:08 PM)
After market: 95.15 0 (0%)95.15
+0.15 (+0.16%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryElectrical Equipment
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap3.85B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.97% |
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)
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EPS beat(4)
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EPS beat(8)
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EPS beat(16)
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Revenue beat(2)
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Revenue beat(8)
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Revenue beat(12)
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PT rev (1m)
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EPS NQ rev (1m)
EPS NQ rev (3m)
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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 | 11.73 | ||
| Fwd PE | 11.08 | ||
| 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)0.21
PEG (5Y)4.19
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.83% | ||
| ROE | 15.88% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 10.82% | ||
| PM (TTM) | 7.49% | ||
| GM | 26.62% | ||
| 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 Turnover1.05
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.51 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 2.67 | ||
| Quick Ratio | 1.53 | ||
| 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)71.46%
EPS 3Y4.56%
EPS 5Y
EPS growth Q2Q
EPS Next Y56.73%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)0.98%
Revenue growth 3Y6.3%
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