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Energizer Holdings

DB:EGG
Snowflake Description

High growth potential second-rate dividend payer.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
EGG
DB
$3B
Market Cap
  1. Home
  2. DE
  3. Household
Company description

Energizer Holdings, Inc., together with its subsidiaries, manufactures, markets, and distributes household batteries, specialty batteries, and lighting products worldwide. The last earnings update was 77 days ago. More info.


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EGG Share Price and Events
7 Day Returns
1.6%
DB:EGG
0.3%
Europe Household Products
1.5%
DE Market
1 Year Returns
-8.3%
DB:EGG
-1%
Europe Household Products
-6.2%
DE Market
EGG Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Energizer Holdings (EGG) 1.6% 6.9% 8% -8.3% 11.4% -
Europe Household Products 0.3% -4.8% 1.7% -1% -13.8% 14.9%
DE Market 1.5% 6% 8.5% -6.2% 10.7% 15.3%
1 Year Return vs Industry and Market
  • EGG underperformed the Household Products industry which returned -1% over the past year.
  • EGG underperformed the Market in Germany which returned -6.2% over the past year.
Price Volatility
EGG
Industry
5yr Volatility vs Market

Value

 Is Energizer Holdings undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Energizer Holdings to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Energizer Holdings.

DB:EGG Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 10 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 5%
Perpetual Growth Rate 10-Year DE Government Bond Rate 0.2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:EGG
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 6%
Household Products Unlevered Beta Simply Wall St/ S&P Global 0.33
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.334 (1 + (1- 21%) (38.66%))
0.622
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.8
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (0.8 * 5.96%)
5%

Discounted Cash Flow Calculation for DB:EGG using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Energizer Holdings is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

DB:EGG DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 5%)
2019 160.00 Analyst x1 152.39
2020 390.93 Analyst x3 354.62
2021 429.83 Analyst x3 371.35
2022 460.00 Analyst x1 378.50
2023 477.00 Analyst x1 373.81
2024 489.45 Est @ 2.61% 365.32
2025 498.73 Est @ 1.9% 354.53
2026 505.69 Est @ 1.4% 342.37
2027 510.97 Est @ 1.05% 329.49
2028 515.06 Est @ 0.8% 316.32
Present value of next 10 years cash flows $3,338.70
DB:EGG DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= $515.06 × (1 + 0.23%) ÷ (5% – 0.23%)
$10,827.03
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $10,827.03 ÷ (1 + 5%)10
$6,649.39
DB:EGG Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $3,338.70 + $6,649.39
$9,988.08
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $9,988.08 / 69.87
$142.94
DB:EGG Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:EGG represents 0.88661x of NYSE:ENR
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.88661x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (USD) x Listing Adjustment Factor
= $ 142.94 x 0.88661
€126.73
Value per share (EUR) From above. €126.73
Current discount Discount to share price of €43.05
= -1 x (€43.05 - €126.73) / €126.73
66%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Energizer Holdings is available for.
Intrinsic value
>50%
Share price is €43.05 vs Future cash flow value of €126.73
Current Discount Checks
For Energizer Holdings to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Energizer Holdings's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Energizer Holdings's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Energizer Holdings's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Energizer Holdings's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:EGG PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in USD $1.74
NYSE:ENR Share Price ** NYSE (2019-04-23) in USD $48.55
Europe Household Products Industry PE Ratio Median Figure of 5 Publicly-Listed Household Products Companies 17.96x
Germany Market PE Ratio Median Figure of 424 Publicly-Listed Companies 19.6x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Energizer Holdings.

DB:EGG PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NYSE:ENR Share Price ÷ EPS (both in USD)

= 48.55 ÷ 1.74

27.88x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Energizer Holdings is overvalued based on earnings compared to the Europe Household Products industry average.
  • Energizer Holdings is overvalued based on earnings compared to the Germany market.
Price based on expected Growth
Does Energizer Holdings's expected growth come at a high price?
Raw Data
DB:EGG PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 27.88x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 10 Analysts
23.2%per year
Europe Household Products Industry PEG Ratio Median Figure of 5 Publicly-Listed Household Products Companies 1.9x
Germany Market PEG Ratio Median Figure of 269 Publicly-Listed Companies 1.56x

*Line of best fit is calculated by linear regression .

DB:EGG PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 27.88x ÷ 23.2%

1.2x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Energizer Holdings is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Energizer Holdings's assets?
Raw Data
DB:EGG PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in USD $1.18
NYSE:ENR Share Price * NYSE (2019-04-23) in USD $48.55
Europe Household Products Industry PB Ratio Median Figure of 8 Publicly-Listed Household Products Companies 2.48x
Germany Market PB Ratio Median Figure of 574 Publicly-Listed Companies 1.84x
DB:EGG PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NYSE:ENR Share Price ÷ Book Value per Share (both in USD)

= 48.55 ÷ 1.18

41.31x

* Primary Listing of Energizer Holdings.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Energizer Holdings is overvalued based on assets compared to the Europe Household Products industry average.
X
Value checks
We assess Energizer Holdings's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Household Products industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Household Products industry average (and greater than 0)? (1 check)
  5. Energizer Holdings has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Energizer Holdings expected to perform in the next 1 to 3 years based on estimates from 10 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
23.2%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Energizer Holdings expected to grow at an attractive rate?
  • Energizer Holdings's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • Energizer Holdings's earnings growth is expected to exceed the Germany market average.
  • Energizer Holdings's revenue growth is expected to exceed the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:EGG Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:EGG Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 10 Analysts 23.2%
DB:EGG Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 10 Analysts 6.2%
Europe Household Products Industry Earnings Growth Rate Market Cap Weighted Average 6.9%
Europe Household Products Industry Revenue Growth Rate Market Cap Weighted Average 3.3%
Germany Market Earnings Growth Rate Market Cap Weighted Average 11.6%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:EGG Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 10 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:EGG Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-09-30 2,906 1
2022-09-30 2,937 454 311 2
2021-09-30 2,828 422 281 7
2020-09-30 2,798 362 248 9
2019-09-30 2,510 293 188 10
DB:EGG Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-12-31 1,796 207 104
2018-09-30 1,798 229 94
2018-06-30 1,806 240 126
2018-03-31 1,785 234 127
2017-12-31 1,769 246 166
2017-09-30 1,756 197 202
2017-06-30 1,723 198 189
2017-03-31 1,712 190 188
2016-12-31 1,687 190 158
2016-09-30 1,634 194 128
2016-06-30 1,601 201 129
2016-03-31 1,614 163 85

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Energizer Holdings's earnings are expected to grow significantly at over 20% yearly.
  • Energizer Holdings's revenue is expected to grow by 6.2% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:EGG Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 10 Analyst Estimates (S&P Global) See Below

All data from Energizer Holdings Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:EGG Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-09-30
2022-09-30
2021-09-30
2020-09-30 3.62 3.77 3.46 2.00
2019-09-30 2.76 2.76 2.76 1.00
DB:EGG Past Financials Data
Date (Data in USD Millions) EPS *
2018-12-31 1.74
2018-09-30 1.56
2018-06-30 2.09
2018-03-31 2.09
2017-12-31 2.71
2017-09-30 3.27
2017-06-30 3.06
2017-03-31 3.05
2016-12-31 2.55
2016-09-30 2.06
2016-06-30 2.08
2016-03-31 1.38

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Energizer Holdings is expected to make outstanding use of shareholders’ funds in the future (Return on Equity greater than 40%).
X
Future performance checks
We assess Energizer Holdings's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Energizer Holdings has a total score of 5/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Energizer Holdings performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Energizer Holdings's growth in the last year to its industry (Household Products).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Energizer Holdings's year on year earnings growth rate has been positive over the past 5 years, however the most recent earnings are below average.
  • Energizer Holdings's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Energizer Holdings's 1-year earnings growth is negative, it can't be compared to the Europe Household Products industry average.
Earnings and Revenue History
Energizer Holdings's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Energizer Holdings Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:EGG Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 1,796.30 103.90 462.10 22.60
2018-09-30 1,797.70 93.50 465.40 22.40
2018-06-30 1,805.60 126.10 488.10 21.90
2018-03-31 1,784.80 127.20 478.30 21.80
2017-12-31 1,769.40 166.30 476.10 21.50
2017-09-30 1,755.70 201.50 461.70 22.00
2017-06-30 1,723.00 189.00 444.60 23.50
2017-03-31 1,712.00 188.30 447.40 25.00
2016-12-31 1,687.00 157.80 442.00 26.30
2016-09-30 1,634.20 127.70 435.00 26.60
2016-06-30 1,600.90 129.20 425.40 24.90
2016-03-31 1,614.20 85.40 426.60 24.80
2015-12-31 1,637.10 -0.20 437.00 24.80
2015-09-30 1,631.60 -4.00 451.60 24.90
2015-06-30 1,719.20 19.40 456.40 26.40
2015-03-31 1,756.60 75.30 471.20 25.90
2014-12-31 1,773.10 161.00 467.70 25.30
2014-09-30 1,840.40 157.30 485.80 25.30
2013-09-30 2,012.20 114.90 512.50 29.70
2012-09-30 2,087.70 187.00 525.90 41.80

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Whilst Energizer Holdings made outstanding use of shareholders’ funds last year (Return on Equity greater than 40%), this is metric is skewed due to its high level of debt.
  • Energizer Holdings used its assets less efficiently than the Europe Household Products industry average last year based on Return on Assets.
  • Energizer Holdings's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Energizer Holdings's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Household Products industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Energizer Holdings has a total score of 1/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Energizer Holdings's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Energizer Holdings's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Energizer Holdings is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Energizer Holdings's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Energizer Holdings's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is not covered by short term assets, assets are 0.9x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Energizer Holdings Company Filings, last reported 3 months ago.

DB:EGG Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 70.40 1,314.50 607.30
2018-09-30 24.50 1,227.40 522.10
2018-06-30 47.80 1,155.30 510.90
2018-03-31 44.70 1,128.70 490.30
2017-12-31 33.70 1,092.40 454.30
2017-09-30 85.10 1,086.60 378.00
2017-06-30 87.00 1,091.50 404.40
2017-03-31 66.80 1,067.40 372.20
2016-12-31 17.30 1,014.00 297.70
2016-09-30 -30.00 1,043.10 287.30
2016-06-30 -2.80 995.70 567.10
2016-03-31 -10.20 996.90 576.30
2015-12-31 -32.50 997.50 556.40
2015-09-30 -60.10 992.50 502.10
2015-06-30 -296.90 999.00 82.50
2015-03-31 666.80 0.00 90.10
2014-12-31 737.50 0.00 92.50
2014-09-30 724.50 0.00 89.60
2013-09-30 737.70 0.00 78.00
2012-09-30
  • Energizer Holdings's level of debt (1867.2%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (0% vs 1867.2% today).
  • Debt is not well covered by operating cash flow (15.7%, less than 20% of total debt).
  • Interest payments on debt are not well covered by earnings (EBIT is 2.5x annual interest expense, ideally 3x coverage).
X
Financial health checks
We assess Energizer Holdings's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Energizer Holdings has a total score of 1/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Energizer Holdings's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
2.47%
Current annual income from Energizer Holdings dividends. Estimated to be 2.59% next year.
If you bought €2,000 of Energizer Holdings shares you are expected to receive €49 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Energizer Holdings's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.43%).
  • Energizer Holdings's dividend is below the markets top 25% of dividend payers in Germany (3.71%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:EGG Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 10 Analyst Estimates (S&P Global) See Below
Europe Household Products Industry Average Dividend Yield Market Cap Weighted Average of 5 Stocks 2.5%
Germany Market Average Dividend Yield Market Cap Weighted Average of 327 Stocks 3%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.4%
Germany Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:EGG Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2023-09-30
2022-09-30
2021-09-30 1.30 7.00
2020-09-30 1.25 8.00
2019-09-30 1.22 8.00
DB:EGG Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2019-01-28 1.200 2.585
2018-11-12 1.200 2.547
2018-07-27 1.160 1.896
2018-04-30 1.160 1.928
2018-01-29 1.160 2.091
2017-11-13 1.160 2.374
2017-07-31 1.100 2.476
2017-05-01 1.100 2.172
2017-01-30 1.100 1.982
2016-11-14 1.100 2.416
2016-08-01 1.000 2.083
2016-05-10 1.000 2.073
2016-02-01 1.000 2.475
2015-11-16 1.000 2.977
2015-07-02 1.000 2.467
2015-06-12 2.000 5.878

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Whilst dividend payments have been stable, Energizer Holdings has been paying a dividend for less than 10 years.
  • Energizer Holdings has only been paying a dividend for 4 years, and since then dividends per share have fallen.
Current Payout to shareholders
What portion of Energizer Holdings's earnings are paid to the shareholders as a dividend.
  • Dividends paid are covered by earnings (1.5x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (3.3x coverage).
X
Income/ dividend checks
We assess Energizer Holdings's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Energizer Holdings afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Energizer Holdings has a total score of 3/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Energizer Holdings's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Alan Hoskins
COMPENSATION $6,735,235
AGE 57
TENURE AS CEO 3.8 years
CEO Bio

Mr. Alan R. Hoskins has been the President and Chief Executive Officer at Energizer Holdings, Inc since July 2015. Mr. Hoskins has been with Energizer for over 33 years, serving in a variety of senior leadership roles throughout the business. He served as the Chief Executive Officer and President of Energizer Household Products at Edgewell Personal Care Company from April 16, 2012 to June 2015. Mr. Hoskins served as Vice President of Asia-Pacific, Africa & Middle East at Edgewell Personal Care Company 2008 to 2011 and led a culturally diverse organization of almost 7,000 commercial and manufacturing colleagues serving over 100 countries in developed and emerging markets. He has broad experience in senior leadership positions throughout Energizer. Mr. Hoskins held numerous leadership positions at Edgewell Personal Care Company, including serving as Vice President of North America Household Products Division from 2005 to 2008; Vice President of Sales and Trade Marketing from 1999 to 2005, Director of Brand Marketing from 1996 to 1999 and Chief Customer Officer and Vice President of Customer Business Development. He started his career at Union Carbide in 1983 following several years in the retailer, wholesaler and broker industry. He has been a Director at Energizer Holdings, Inc since July 2015. He serves on the Board of Directors of the Retail Leaders Industry Association. Mr. Hoskins holds a B.S. in Business Administration and Marketing from Western New England University, a Masters of Business Administration from Webster University and completed the Senior Executive Program at Columbia University.

CEO Compensation
  • Alan's compensation has been consistent with company performance over the past year.
  • Alan's remuneration is higher than average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the Energizer Holdings management team in years:

3.1
Average Tenure
56.5
Average Age
  • The tenure for the Energizer Holdings management team is about average.
Management Team

Alan Hoskins

TITLE
CEO, President & Director
COMPENSATION
$7M
AGE
57
TENURE
3.8 yrs

Tim Gorman

TITLE
Executive VP
COMPENSATION
$2M
AGE
57
TENURE
1.8 yrs

Mark LaVigne

TITLE
Executive VP & COO
COMPENSATION
$3M
AGE
47
TENURE
4.3 yrs

Kelly Boss

TITLE
VP & General Counsel
COMPENSATION
$1M
AGE
56

Greg Kinder

TITLE
Executive VP & Chief Supply Chain Officer
COMPENSATION
$2M
AGE
57

Terence Calloway

TITLE
CTO & VP of Research and Development
TENURE
2.5 yrs

Jacqueline Burwitz

TITLE
Vice President of Investor Relations

Lori Shambro

TITLE
Vice President of Global Marketing
TENURE
1.8 yrs

Sue Drath

TITLE
Chief Human Resources Officer
AGE
48

Michelle Atkinson

TITLE
Chief Strategy Officer
TENURE
4.7 yrs
Board of Directors Tenure

Average tenure and age of the Energizer Holdings board of directors in years:

3.8
Average Tenure
66
Average Age
  • The tenure for the Energizer Holdings board of directors is about average.
Board of Directors

Pat Moore

TITLE
Independent Chairman
COMPENSATION
$233K
AGE
63
TENURE
0.4 yrs

Alan Hoskins

TITLE
CEO, President & Director
COMPENSATION
$7M
AGE
57
TENURE
3.8 yrs

James Johnson

TITLE
Independent Director
COMPENSATION
$233K
AGE
65
TENURE
3.8 yrs

Pat McGinnis

TITLE
Independent Director
COMPENSATION
$233K
AGE
70
TENURE
3.8 yrs

Rob Vitale

TITLE
Director
COMPENSATION
$215K
AGE
52
TENURE
1.7 yrs

Pat Mulcahy

TITLE
Independent Director
COMPENSATION
$315K
AGE
74
TENURE
3.8 yrs

Bill Armstrong

TITLE
Independent Director
COMPENSATION
$213K
AGE
70
TENURE
3.8 yrs

Cindy Brinkley

TITLE
Independent Director
COMPENSATION
$213K
AGE
58
TENURE
3.8 yrs

Kevin Hunt

TITLE
Independent Director
COMPENSATION
$215K
AGE
67
TENURE
3.8 yrs

John Klein

TITLE
Independent Director
COMPENSATION
$213K
AGE
72
TENURE
3.8 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
10. Dec 18 Buy Alan Hoskins Individual 06. Dec 18 06. Dec 18 10,000 €40.45 €404,524
06. Dec 18 Buy Timothy Gorman Individual 03. Dec 18 03. Dec 18 10,000 €40.38 €401,951
03. Dec 18 Buy John Klein Individual 29. Nov 18 29. Nov 18 2,200 €40.42 €88,935
20. Nov 18 Buy Robert Vitale Individual 19. Nov 18 19. Nov 18 4,160 €41.81 €173,936
X
Management checks
We assess Energizer Holdings's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Energizer Holdings has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

Energizer Holdings, Inc., together with its subsidiaries, manufactures, markets, and distributes household batteries, specialty batteries, and lighting products worldwide. It offers lithium, alkaline, carbon zinc, nickel metal hydride, zinc air, and silver oxide batteries under the Energizer and Eveready brands, as well as primary, rechargeable, specialty, and hearing aid products. The company also provides headlights, lanterns, children’s lights, and area lights, as well as flash lights under the Energizer, Eveready, Hard Case, Dolphin, and WeatherReady brands. In addition, it licenses the Energizer and Eveready brands to companies developing consumer solutions in gaming, automotive batteries, portable power for critical devices, LED light bulbs, and other lighting products. Further, the company designs and markets automotive fragrance and appearance products under the Nu Finish, Scratch Doctor, Refresh Your Car!, California Scents, Driven, Bahama & Co., LEXOL, and Eagle One brands. It sells its products through direct sales force, third party distributors, and wholesalers; and through various retail locations, including mass merchandisers and warehouse clubs, food stores, drug and convenience stores, electronics specialty stores and department stores, hardware and automotive centers, military stores, and brick and mortar retailers, as well as through e-commerce. Energizer Holdings, Inc. is headquartered in St. Louis, Missouri.

Details
Name: Energizer Holdings, Inc.
EGG
Exchange: DB
Founded:
$3,034,250,613
69,874,672
Website: http://www.energizerholdings.com
Address: Energizer Holdings, Inc.
533 Maryville University Drive,
St. Louis,
Missouri, 63141,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NYSE ENR Common Stock New York Stock Exchange US USD 12. Jun 2015
DB EGG Common Stock Deutsche Boerse AG DE EUR 12. Jun 2015
NYSE ENR.PRA 7.5 MCNV PFD A New York Stock Exchange US USD 16. Jan 2019
Number of employees
Current staff
Staff numbers
4,000
Energizer Holdings employees.
Industry
Household Products
Household
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/23 22:06
End of day share price update: 2019/04/23 00:00
Last estimates confirmation: 2019/04/18
Last earnings filing: 2019/02/05
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/09/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.