ENERSYS (ENS) Stock Fundamental Analysis
NYSE:ENS - New York Stock Exchange, Inc. - US29275Y1029 - Common Stock - Currency: USD
We assign a fundamental rating of 7 out of 10 to ENS. ENS was compared to 93 industry peers in the Electrical Equipment industry. ENS has an excellent profitability rating, but there are some minor concerns on its financial health. ENS is valued quite cheap, while showing a decent growth score. This is a good combination! These ratings could make ENS a good candidate for value investing.
1. Profitability
1.1 Basic Checks
ENS had positive earnings in the past year.
ENS had a positive operating cash flow in the past year.
In the past 5 years ENS has always been profitable.
ENS had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
ENS's Return On Assets of 9.16% is amongst the best of the industry. ENS outperforms 90.32% of its industry peers.
With an excellent Return On Equity value of 18.98%, ENS belongs to the best of the industry, outperforming 90.32% of the companies in the same industry.
ENS has a Return On Invested Capital of 13.74%. This is amongst the best in the industry. ENS outperforms 93.55% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for ENS is above the industry average of 9.68%.
The last Return On Invested Capital (13.74%) for ENS is above the 3 year average (12.00%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.16% | ||
| ROE | 18.98% | ||
| ROIC | 13.74% |
ROA(3y)7.26%
ROA(5y)5.96%
ROE(3y)15.1%
ROE(5y)12.86%
ROIC(3y)12%
ROIC(5y)10.26%
1.3 Margins
ENS has a better Profit Margin (10.05%) than 87.10% of its industry peers.
In the last couple of years the Profit Margin of ENS has grown nicely.
With an excellent Operating Margin value of 13.37%, ENS belongs to the best of the industry, outperforming 84.95% of the companies in the same industry.
In the last couple of years the Operating Margin of ENS has grown nicely.
Looking at the Gross Margin, with a value of 30.20%, ENS is in the better half of the industry, outperforming 69.89% of the companies in the same industry.
ENS's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 13.37% | ||
| PM (TTM) | 10.05% | ||
| GM | 30.2% |
OM growth 3Y25.13%
OM growth 5Y10.1%
PM growth 3Y32.87%
PM growth 5Y17.76%
GM growth 3Y10.57%
GM growth 5Y3.51%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so ENS is still creating some value.
The number of shares outstanding for ENS has been reduced compared to 1 year ago.
ENS has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, ENS has a worse debt to assets ratio.
2.2 Solvency
ENS has an Altman-Z score of 3.66. This indicates that ENS is financially healthy and has little risk of bankruptcy at the moment.
ENS has a better Altman-Z score (3.66) than 73.12% of its industry peers.
ENS has a debt to FCF ratio of 7.99. This is a slightly negative value and a sign of low solvency as ENS would need 7.99 years to pay back of all of its debts.
ENS has a better Debt to FCF ratio (7.99) than 69.89% of its industry peers.
A Debt/Equity ratio of 0.57 indicates that ENS is somewhat dependend on debt financing.
With a Debt to Equity ratio value of 0.57, ENS perfoms like the industry average, outperforming 41.94% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.57 | ||
| Debt/FCF | 7.99 | ||
| Altman-Z | 3.66 |
ROIC/WACC1.72
WACC8%
2.3 Liquidity
A Current Ratio of 2.70 indicates that ENS has no problem at all paying its short term obligations.
ENS has a Current ratio of 2.70. This is in the better half of the industry: ENS outperforms 72.04% of its industry peers.
ENS has a Quick Ratio of 1.74. This is a normal value and indicates that ENS is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 1.74, ENS is in the better half of the industry, outperforming 65.59% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.7 | ||
| Quick Ratio | 1.74 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 21.63% over the past year.
ENS shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 16.84% yearly.
Looking at the last year, ENS shows a small growth in Revenue. The Revenue has grown by 1.00% in the last year.
The Revenue has been growing slightly by 3.22% on average over the past years.
EPS 1Y (TTM)21.63%
EPS 3Y31.61%
EPS 5Y16.84%
EPS Q2Q%5.05%
Revenue 1Y (TTM)1%
Revenue growth 3Y2.52%
Revenue growth 5Y3.22%
Sales Q2Q%4.7%
3.2 Future
The Earnings Per Share is expected to grow by 2.14% on average over the next years.
The Revenue is expected to grow by 2.39% on average over the next years.
EPS Next Y-1.6%
EPS Next 2Y2.14%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year1.48%
Revenue Next 2Y2.39%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
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 9.29, which indicates a very decent valuation of ENS.
Based on the Price/Earnings ratio, ENS is valued cheaper than 92.47% of the companies in the same industry.
ENS's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 26.48.
Based on the Price/Forward Earnings ratio of 8.99, the valuation of ENS can be described as reasonable.
Based on the Price/Forward Earnings ratio, ENS is valued cheaply inside the industry as 93.55% of the companies are valued more expensively.
When comparing the Price/Forward Earnings ratio of ENS to the average of the S&P500 Index (34.04), we can say ENS is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.29 | ||
| Fwd PE | 8.99 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of ENS indicates a rather cheap valuation: ENS is cheaper than 94.62% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, ENS is valued cheaply inside the industry as 81.72% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 26.49 | ||
| EV/EBITDA | 7.63 |
4.3 Compensation for Growth
The excellent profitability rating of ENS may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.55
EPS Next 2Y2.14%
EPS Next 3YN/A
5. Dividend
5.1 Amount
ENS has a Yearly Dividend Yield of 1.12%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 4.17, ENS pays a better dividend. On top of this ENS pays more dividend than 88.17% of the companies listed in the same industry.
With a Dividend Yield of 1.12, ENS pays less dividend than the S&P500 average, which is at 2.39.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.12% |
5.2 History
On average, the dividend of ENS grows each year by 6.15%, which is quite nice.
ENS has been paying a dividend for at least 10 years, so it has a reliable track record.
ENS has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)6.15%
Div Incr Years2
Div Non Decr Years11
5.3 Sustainability
10.30% of the earnings are spent on dividend by ENS. This is a low number and sustainable payout ratio.
ENS's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP10.3%
EPS Next 2Y2.14%
EPS Next 3YN/A
95.6
+1.59 (+1.69%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryElectrical Equipment
Earnings (Last)
Earnings (Next)
Inst Owners100.18%
Inst Owner Change0.09%
Ins Owners0.7%
Ins Owner Change1.55%
Market Cap3.69B
Analysts78
Price Target107.47 (12.42%)
Short Float %2.26%
Short Ratio1.81
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.12% |
Yearly Dividend0.94
Dividend Growth(5Y)6.15%
DP10.3%
Div Incr Years2
Div Non Decr Years11
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)6.71%
Min EPS beat(2)5.7%
Max EPS beat(2)7.71%
EPS beat(4)4
Avg EPS beat(4)3.8%
Min EPS beat(4)0.4%
Max EPS beat(4)7.71%
EPS beat(8)8
Avg EPS beat(8)3.62%
EPS beat(12)11
Avg EPS beat(12)5.29%
EPS beat(16)14
Avg EPS beat(16)4%
Revenue beat(2)0
Avg Revenue beat(2)-2.33%
Min Revenue beat(2)-3.8%
Max Revenue beat(2)-0.86%
Revenue beat(4)0
Avg Revenue beat(4)-2.43%
Min Revenue beat(4)-3.8%
Max Revenue beat(4)-0.86%
Revenue beat(8)1
Avg Revenue beat(8)-2.76%
Revenue beat(12)3
Avg Revenue beat(12)-1.84%
Revenue beat(16)5
Avg Revenue beat(16)-1.21%
PT rev (1m)0%
PT rev (3m)-5.44%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-14.34%
EPS NY rev (1m)0%
EPS NY rev (3m)-1.9%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-7.33%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-2.34%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.29 | ||
| Fwd PE | 8.99 | ||
| P/S | 1.02 | ||
| P/FCF | 26.49 | ||
| P/OCF | 14.17 | ||
| P/B | 1.93 | ||
| P/tB | 4.5 | ||
| EV/EBITDA | 7.63 |
EPS(TTM)10.29
EY10.76%
EPS(NY)10.63
Fwd EY11.12%
FCF(TTM)3.61
FCFY3.77%
OCF(TTM)6.75
OCFY7.06%
SpS93.74
BVpS49.65
TBVpS21.24
PEG (NY)N/A
PEG (5Y)0.55
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.16% | ||
| ROE | 18.98% | ||
| ROCE | 15.14% | ||
| ROIC | 13.74% | ||
| ROICexc | 15.39% | ||
| ROICexgc | 25% | ||
| OM | 13.37% | ||
| PM (TTM) | 10.05% | ||
| GM | 30.2% | ||
| FCFM | 3.85% |
ROA(3y)7.26%
ROA(5y)5.96%
ROE(3y)15.1%
ROE(5y)12.86%
ROIC(3y)12%
ROIC(5y)10.26%
ROICexc(3y)13.57%
ROICexc(5y)11.74%
ROICexgc(3y)22.69%
ROICexgc(5y)20.29%
ROCE(3y)13.22%
ROCE(5y)11.31%
ROICexcg growth 3Y21.68%
ROICexcg growth 5Y6.25%
ROICexc growth 3Y24.31%
ROICexc growth 5Y9.55%
OM growth 3Y25.13%
OM growth 5Y10.1%
PM growth 3Y32.87%
PM growth 5Y17.76%
GM growth 3Y10.57%
GM growth 5Y3.51%
F-Score6
Asset Turnover0.91
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.57 | ||
| Debt/FCF | 7.99 | ||
| Debt/EBITDA | 1.85 | ||
| Cap/Depr | 119.99% | ||
| Cap/Sales | 3.35% | ||
| Interest Coverage | 9.91 | ||
| Cash Conversion | 44.52% | ||
| Profit Quality | 38.29% | ||
| Current Ratio | 2.7 | ||
| Quick Ratio | 1.74 | ||
| Altman-Z | 3.66 |
F-Score6
WACC8%
ROIC/WACC1.72
Cap/Depr(3y)103.77%
Cap/Depr(5y)92.58%
Cap/Sales(3y)2.72%
Cap/Sales(5y)2.54%
Profit Quality(3y)94.91%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)21.63%
EPS 3Y31.61%
EPS 5Y16.84%
EPS Q2Q%5.05%
EPS Next Y-1.6%
EPS Next 2Y2.14%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)1%
Revenue growth 3Y2.52%
Revenue growth 5Y3.22%
Sales Q2Q%4.7%
Revenue Next Year1.48%
Revenue Next 2Y2.39%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y21.15%
EBIT growth 3Y28.28%
EBIT growth 5Y13.64%
EBIT Next Year18%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-62.42%
FCF growth 3YN/A
FCF growth 5Y-1.74%
OCF growth 1Y-43.05%
OCF growth 3YN/A
OCF growth 5Y0.54%