NYSE:ENS

Stock Analysis Report

Executive Summary

EnerSys manufactures, markets, and distributes industrial batteries.

Snowflake

Fundamentals

Adequate balance sheet and fair value.

Risks

  • EnerSys has significant price volatility in the past 3 months.

Similar Companies

Share Price & News

How has EnerSys's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-5.8%

NYSE:ENS

-1.7%

US Electrical

-1.6%

US Market


1 Year Return

-33.3%

NYSE:ENS

-13.9%

US Electrical

-3.0%

US Market

ENS underperformed the Electrical industry which returned -13.9% over the past year.

ENS underperformed the Market in United States of America which returned -3% over the past year.


Share holder returns

ENSIndustryMarket
7 Day-5.8%-1.7%-1.6%
30 Day-19.8%-10.8%-5.7%
90 Day-11.4%-3.8%0.2%
1 Year-32.6%-33.3%-12.1%-13.9%-0.8%-3.0%
3 Year-20.8%-23.0%19.3%12.3%38.1%29.1%
5 Year-11.8%-16.2%14.6%3.1%50.8%34.1%

Price Volatility Vs. Market

How volatile is EnerSys's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

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

14.04x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

EnerSys's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

EnerSys's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

EnerSys is good value based on earnings compared to the US Electrical industry average.

EnerSys is good value based on earnings compared to the United States of America market.


Price Based on Expected Growth

EnerSys is good value based on expected growth next year.


Price Based on Value of Assets

EnerSys is overvalued based on assets compared to the US Electrical industry average.


Next Steps

Future Growth

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

20.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

EnerSys's revenue is expected to grow by 6.1% yearly, however this is not considered high growth (20% yearly).

EnerSys's earnings are expected to grow significantly at over 20% yearly.

EnerSys's revenue growth is positive but not above the United States of America market average.

EnerSys's earnings growth is expected to exceed the United States of America market average.

EnerSys's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if EnerSys will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has EnerSys performed over the past 5 years?

-3.2%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

EnerSys's year on year earnings growth rate was negative over the past 5 years, however the most recent earnings are above average.

EnerSys's 1-year earnings growth exceeds its 5-year average (39% vs -3.2%)

EnerSys's earnings growth has exceeded the US Electrical industry average in the past year (39% vs 20.1%).


Return on Equity

EnerSys has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

EnerSys used its assets less efficiently than the US Electrical industry average last year based on Return on Assets.


Return on Capital Employed

EnerSys's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is EnerSys's financial position?


Financial Position Analysis

EnerSys is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

EnerSys's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

EnerSys's level of debt (77.3%) compared to net worth is high (greater than 40%).

The level of debt compared to net worth has increased over the past 5 years (28.9% vs 77.3% today).

Debt is well covered by operating cash flow (20.2%, greater than 20% of total debt).

Interest payments on debt are well covered by earnings (EBIT is 7.9x coverage).


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 1.5x debt.


Next Steps

Dividend

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

1.30%

Expected Dividend Yield


Upcoming Dividend Payment

Purchase EnerSys before the 'Buy Limit' to receive their next dividend payment.


Dividend Yield and Payments Analysis

EnerSys's pays a lower dividend yield than the bottom 25% of dividend payers in United States of America (1.52%).

EnerSys's dividend is below the markets top 25% of dividend payers in United States of America (3.93%).

Whilst dividend payments have been stable, EnerSys has been paying a dividend for less than 10 years.

Dividend payments have increased, but EnerSys only paid a dividend in the past 6 years.


Current Payout to Shareholders

Dividends paid are well covered by earnings (5.5x coverage).


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

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

3.6yrs

Average management tenure


CEO

Dave Shaffer (54yo)

3.3yrs

Tenure

US$5,208,103

Compensation

Mr. David M. Shaffer, also known as Dave, has been Director and Chief Executive Officer of EnerSys since April 2016 and has been its President since November 2014 and was its Chief Operating Officer since  ...


CEO Compensation Analysis

Dave's remuneration is about average for companies of similar size in United States of America.

Dave's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

3.6yrs

Average Tenure

54yo

Average Age

The tenure for the EnerSys management team is about average.


Board Age and Tenure

4.3yrs

Average Tenure

64.5yo

Average Age

The tenure for the EnerSys board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Recent Insider Transactions

SellUS$1,696,67313 Feb 19
Todd Sechrist
EntityIndividual
Shares24,039
Max PriceUS$70.58

Ownership Breakdown


Management Team

  • Michael Schmidtlein (58yo)

    CFO & Executive VP

    • Tenure: 9.5yrs
    • Compensation: US$1.97m
  • Dave Shaffer (54yo)

    CEO, President & Director

    • Tenure: 3.3yrs
    • Compensation: US$5.21m
  • Kerry Kane

    VP & Corporate Controller

    • Tenure: 9.2yrs
  • Thomas O'Neill

    VP of Investor Relations & Treasurer

    • Tenure: 9.2yrs
  • Drew Zogby (59yo)

    President of Energy Systems Americas

    • Tenure: 0.3yrs
  • Holger Aschke (50yo)

    President of Europe

    • Tenure: 3.6yrs
    • Compensation: US$1.34m
  • Joseph Lewis

    Senior VP

    • Tenure: 0.0yrs
  • Shawn O’Connell (46yo)

    President of Motive Power Americas

    • Tenure: 0.3yrs

Board Members

  • John Lehman (76yo)

    Independent Director

    • Tenure: 15.0yrs
    • Compensation: US$254.23k
  • Paul Tufano (65yo)

    Independent Director

    • Tenure: 4.3yrs
    • Compensation: US$253.00k
  • Dennis Marlo (76yo)

    Independent Director

    • Tenure: 15.0yrs
    • Compensation: US$254.23k
  • Howard Hoffen (56yo)

    Lead Director

    • Tenure: 0.0yrs
    • Compensation: US$219.32k
  • Hwan-yoon Chung (45yo)

    Independent Director

    • Tenure: 13.5yrs
    • Compensation: US$220.82k
  • Arthur Katsaros (71yo)

    Independent Non-Executive Chairman

    • Tenure: 3.3yrs
    • Compensation: US$424.32k
  • Ron Vargo (64yo)

    Independent Director

    • Tenure: 2.0yrs
    • Compensation: US$247.00k
  • Nelda Connors (53yo)

    Independent Director

    • Tenure: 2.0yrs
    • Compensation: US$228.32k
  • Bob Magnus (72yo)

    Independent Director

    • Tenure: 11.1yrs
    • Compensation: US$238.63k
  • Dave Shaffer (54yo)

    CEO, President & Director

    • Tenure: 3.3yrs
    • Compensation: US$5.21m

Company Information

EnerSys's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: EnerSys
  • Ticker: ENS
  • Exchange: NYSE
  • Founded: 1999
  • Industry: Electrical Components and Equipment
  • Sector: Capital Goods
  • Market Cap: US$2.288b
  • Shares outstanding: 42.48m
  • Website: https://www.enersys.com

Number of Employees


Location

  • EnerSys
  • 2366 Bernville Road
  • Reading
  • Pennsylvania
  • 19605
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ENSNYSE (New York Stock Exchange)YesCommon StockUSUSDJul 2004
FDNDB (Deutsche Boerse AG)YesCommon StockDEEURJul 2004

Biography

EnerSys manufactures, markets, and distributes industrial batteries. The company offers battery chargers, power equipment, battery accessories, and outdoor cabinet enclosures, as well as related after-mark ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/24 23:59
End of Day Share Price2019/08/23 00:00
Earnings2019/06/30
Annual Earnings2019/03/31


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.