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Energizer Holdings

NYSE:ENR
Snowflake Description

High growth potential and slightly overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
ENR
NYSE
$3B
Market Cap
  1. Home
  2. US
  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 12 days ago. More info.


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ENR Share Price and Events
7 Day Returns
10.6%
NYSE:ENR
2.2%
US Household Products
-0.7%
US Market
1 Year Returns
-21.6%
NYSE:ENR
41.5%
US Household Products
3%
US Market
ENR Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Energizer Holdings (ENR) 10.6% -3.2% 1.8% -21.6% 5.3% -
US Household Products 2.2% 0.1% 7.6% 41.5% 32.4% 38.1%
US Market -0.7% -2% 2.4% 3% 39.2% 42%
1 Year Return vs Industry and Market
  • ENR underperformed the Household Products industry which returned 41.5% over the past year.
  • ENR underperformed the Market in United States of America which returned 3% over the past year.
Price Volatility
ENR
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.

NYSE:ENR 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 7.5%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

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 NYSE:ENR
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
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))
= 0.333 (1 + (1- 21%) (109.01%))
0.746
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)
= 2.73% + (0.8 * 5.96%)
7.5%

Discounted Cash Flow Calculation for NYSE:ENR 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.

NYSE:ENR DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 7.5%)
2019 228.00 Analyst x2 212.10
2020 403.60 Analyst x3 349.26
2021 417.53 Analyst x4 336.11
2022 460.00 Analyst x1 344.47
2023 477.00 Analyst x1 332.29
2024 493.03 Est @ 3.36% 319.50
2025 508.67 Est @ 3.17% 306.64
2026 524.13 Est @ 3.04% 293.92
2027 539.57 Est @ 2.95% 281.48
2028 555.12 Est @ 2.88% 269.39
Present value of next 10 years cash flows $3,045.16
NYSE:ENR DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= $555.12 × (1 + 2.73%) ÷ (7.5% – 2.73%)
$11,960.36
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $11,960.36 ÷ (1 + 7.5%)10
$5,804.17
NYSE:ENR Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $3,045.16 + $5,804.17
$8,849.34
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $8,849.34 / 69.88
$126.64
NYSE:ENR Discount to Share Price
Calculation Result
Value per share (USD) From above. $126.64
Current discount Discount to share price of $46.96
= -1 x ($46.96 - $126.64) / $126.64
62.9%

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 $46.96 vs Future cash flow value of $126.64
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
NYSE:ENR PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in USD $0.50
NYSE:ENR Share Price ** NYSE (2019-05-17) in USD $46.96
United States of America Household Products Industry PE Ratio Median Figure of 9 Publicly-Listed Household Products Companies 24.81x
United States of America Market PE Ratio Median Figure of 3,088 Publicly-Listed Companies 17.89x

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

** Primary Listing of Energizer Holdings.

NYSE:ENR PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

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

= 46.96 ÷ 0.50

94.77x

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 US Household Products industry average.
  • Energizer Holdings is overvalued based on earnings compared to the United States of America market.
Price based on expected Growth
Does Energizer Holdings's expected growth come at a high price?
Raw Data
NYSE:ENR PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 94.77x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 10 Analysts
Not available
United States of America Household Products Industry PEG Ratio Median Figure of 6 Publicly-Listed Household Products Companies 4.6x
United States of America Market PEG Ratio Median Figure of 2,117 Publicly-Listed Companies 1.56x

*Line of best fit is calculated by linear regression .

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

  • Unable to calculate PEG ratio for Energizer Holdings, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Energizer Holdings's assets?
Raw Data
NYSE:ENR PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in USD $9.24
NYSE:ENR Share Price * NYSE (2019-05-17) in USD $46.96
United States of America Household Products Industry PB Ratio Median Figure of 12 Publicly-Listed Household Products Companies 3.48x
United States of America Market PB Ratio Median Figure of 5,195 Publicly-Listed Companies 1.83x
NYSE:ENR PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 46.96 ÷ 9.24

5.08x

* 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 US 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
65.3%
Expected annual growth in earnings per share.
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 2.7%.
Growth vs Market Checks
  • Energizer Holdings's earnings growth is expected to exceed the United States of America market average.
  • Energizer Holdings's revenue growth is expected to exceed the United States of America market average.
Annual Growth Rates Comparison
Raw Data
NYSE:ENR Future Growth Rates Data Sources
Data Point Source Value (per year)
NYSE:ENR Future Earnings per Share Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 10 Analysts 65.3%
NYSE:ENR Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 10 Analysts 7.8%
United States of America Household Products Industry Earnings Growth Rate Market Cap Weighted Average 5.6%
United States of America Household Products Industry Revenue Growth Rate Market Cap Weighted Average 3.4%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 13.9%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.3%

*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
NYSE:ENR Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month 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.
NYSE:ENR Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-09-30
2022-09-30 3,004 454 1
2021-09-30 2,893 431 280 7
2020-09-30 2,841 346 9
2019-09-30 2,532 248 10
NYSE:ENR Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-03-31 1,978 70 31
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

*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 7.8% 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
NYSE:ENR Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 month 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 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NYSE:ENR 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 3.94 3.94 3.94 1.00
2020-09-30 2.54 2.54 2.54 1.00
2019-09-30 1.25 1.25 1.25 1.00
NYSE:ENR Past Financials Data
Date (Data in USD Millions) EPS *
2019-03-31 0.50
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

*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 efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).
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 United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America 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 US 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 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NYSE:ENR Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 1,978.30 30.50 491.50 25.90
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 1,805.60 126.10 488.00 21.90
2018-03-31 1,784.80 127.20 478.20 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.
  • Energizer Holdings has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Energizer Holdings used its assets less efficiently than the US 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 0.6x 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 1 month ago.

NYSE:ENR Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 645.30 3,576.90 332.90
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 (554.3%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (0% vs 554.3% today).
  • Debt is not well covered by operating cash flow (2%, less than 20% of total debt).
  • Interest payments on debt are not well covered by earnings (EBIT is 1.8x 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
2.56%
Current annual income from Energizer Holdings dividends. Estimated to be 2.6% next year.
If you bought $2,000 of Energizer Holdings shares you are expected to receive $51 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 United States of America (1.44%).
  • Energizer Holdings's dividend is below the markets top 25% of dividend payers in United States of America (3.69%).
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
NYSE:ENR 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
United States of America Household Products Industry Average Dividend Yield Market Cap Weighted Average of 8 Stocks 2.7%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2000 Stocks 2.5%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America 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.

NYSE:ENR Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2023-09-30
2022-09-30
2021-09-30 1.25 7.00
2020-09-30 1.21 8.00
2019-09-30 1.21 8.00
NYSE:ENR Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2019-04-29 1.200 2.615
2019-01-28 1.200 2.580
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

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.
  • Dividend payments have increased, but Energizer Holdings only paid a dividend in the past 4 years.
Current Payout to shareholders
What portion of Energizer Holdings's earnings are paid to the shareholders as a dividend.
  • Dividends paid are not well covered by earnings (0.4x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (2.9x 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 2/6, 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 about average for companies of similar size in United States of America.
Management Team Tenure

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

3.2
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
1.9 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
2.6 yrs

Jacqueline Burwitz

TITLE
Vice President of Investor Relations

Lori Shambro

TITLE
Vice President of Global Marketing
TENURE
1.9 yrs

Sue Drath

TITLE
Chief Human Resources Officer
AGE
48

Michelle Atkinson

TITLE
Chief Strategy Officer
TENURE
4.8 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
0.5 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
1.8 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 $46.00 $460,000
06. Dec 18 Buy Timothy Gorman Individual 03. Dec 18 03. Dec 18 10,000 $45.85 $456,400
03. Dec 18 Buy John Klein Individual 29. Nov 18 29. Nov 18 2,200 $46.00 $101,200
20. Nov 18 Buy Robert Vitale Individual 19. Nov 18 19. Nov 18 4,160 $47.89 $199,217
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

Did Energizer Holdings, Inc. (NYSE:ENR) Insiders Buy Up More Shares?

Check out our latest analysis for Energizer Holdings The Last 12 Months Of Insider Transactions At Energizer Holdings Over the last year, we can see that the biggest insider purchase was by CEO, President & Director Alan Hoskins for US$460k worth of shares, at about US$46.00 per share. … While Energizer Holdings insiders bought shares last year, they didn't sell. … Does Energizer Holdings Boast High Insider Ownership?

Simply Wall St -

Did Changing Sentiment Drive Energizer Holdings's (NYSE:ENR) Share Price Down By 17%?

(NYSE:ENR) have tasted that bitter downside in the last year, as the share price dropped 17%. … By comparing earnings per share (EPS) and share price changes over time, we can get a feel for how investor attitudes to a company have morphed over time. … The share price fall of 17% isn't as bad as the reduction in earnings per share.

Simply Wall St -

Is Energizer Holdings, Inc.'s (NYSE:ENR) High P/E Ratio A Problem For Investors?

To keep it practical, we'll show how Energizer Holdings, Inc.'s (NYSE:ENR) P/E ratio could help you assess the value on offer. … Based on the last twelve months, Energizer Holdings's P/E ratio is 27.45. … Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS)

Simply Wall St -

How Does Energizer Holdings, Inc. (NYSE:ENR) Fare As A Dividend Stock?

Dividends play a key role in compounding returns over time and can form a large part of our portfolio return. … Let's take a look at Energizer Holdings in more detail. … See our latest analysis for Energizer Holdings

Simply Wall St -

What Kind Of Shareholder Appears On The Energizer Holdings, Inc.'s (NYSE:ENR) Shareholder Register?

A look at the shareholders of Energizer Holdings, Inc. … Institutions will often hold stock in bigger companies, and we expect to see insiders owning a noticeable percentage of the smaller ones. … Energizer Holdings is a pretty big company.

Simply Wall St -

Is Energizer Holdings, Inc. (NYSE:ENR) Investing Your Capital Efficiently?

Specifically, we'll consider its Return On Capital Employed (ROCE), since that will give us an insight into how efficiently the business can generate profits from the capital it requires. … Understanding Return On Capital Employed (ROCE). … How Do You Calculate Return On Capital Employed

Simply Wall St -

Is Energizer Holdings, Inc.'s (NYSE:ENR) CEO Being Overpaid?

Alan Hoskins became the CEO of Energizer Holdings, Inc. … This report will, first, examine the CEO compensation levels in comparison to CEO compensation at companies of similar size. … How Does Alan Hoskins's Compensation Compare With Similar Sized Companies?

Simply Wall St -

What Should We Expect From Energizer Holdings, Inc.'s (NYSE:ENR) Earnings In The Years Ahead?

In September 2018, Energizer Holdings, Inc. … (NYSE:ENR) announced its most recent earnings update, whicha … revealed

Simply Wall St -

Will Energizer Holdings, Inc.'s (NYSE:ENR) Earnings Grow In The Year Ahead?

(NYSE:ENR) released its earnings in September 2018, … the consensus outlook from analysts appear highly confident, … with earnings expected to grow by a high double-digit of 60% in the upcoming year,

Simply Wall St -

Investors Are Undervaluing Energizer Holdings Inc (NYSE:ENR) By 46.07%

Today I will be providing a simple run through of a valuation method used to estimate the attractiveness of Energizer Holdings Inc (NYSE:ENR) as an investment opportunity. … by projecting its future cash flows and then discounting them to today's value. … If you are reading this and its not December 2018 then I highly recommend you check out the latest calculation for Energizer Holdings by following the link below

Simply Wall St -

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.
ENR
Exchange: NYSE
Founded:
$3,281,337,231
69,875,154
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: 2019/05/20 03:10
End of day share price update: 2019/05/17 00:00
Last estimates confirmation: 2019/05/15
Last earnings filing: 2019/05/08
Last earnings reported: 2019/03/31
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.