Energizer Holdings, Inc. (ENR) Aandelenanalyse

Bedrijfsoverzicht

Energizer Holdings, Inc. is a global manufacturer and distributor specializing in household batteries, specialty batteries, and lighting products sold under brands such as Energizer, Eveready, and Rayova. The company operates within the Industrials sector, specifically focusing on the Electrical Equipment & Parts industry, which encompasses the production of essential consumer goods and industrial components. Its operational scale is reflected in a market capitalization of $1.29B, annual revenue of $3.00B, and an employee base of 6050 individuals. These valuation and revenue figures position Energizer as a mid-cap entity with a significant footprint in the battery market, indicating a company that balances niche product specialization with substantial global distribution networks.

Financiële gezondheid

The company reported a total revenue of $3.00B over the trailing twelve months, generating a net income of $213.30M and an EBITDA of $623.80M. The substantial gap between the $3.00B revenue and the $213.30M net income reveals a cost structure where expenses, including cost of goods sold and operating costs, consume approximately 92.9% of total revenue before interest and taxes. Free cash flow stands at $175.75M, which indicates a positive level of financial flexibility allowing the firm to fund operations, service debt, and potentially return capital to shareholders without requiring external financing. The company maintains a robust gross margin of 42.2%, demonstrating strong pricing power or efficient production control at the wholesale level. Operating margin is recorded at 8.6%, while the profit margin sits at 7.1%, collectively highlighting the company's ability to convert sales into operational earnings and final profit after all expenses. On the balance sheet, the company holds $214.80M in cash against total debt of $3.43B, resulting in a debt-to-equity ratio of 2424.49, which suggests a highly leveraged capital structure reliant on debt financing. Despite the high leverage, the current ratio of 1.99 indicates a healthy short-term liquidity position, as current assets are nearly double current liabilities. Return on Equity is an impressive 151.3%, while Return on Assets is 7.5%, metrics that reveal significant effectiveness in generating profits from shareholder equity relative to the heavy debt load.

Waarderingsbeoordeling

The stock trades with a P/E Ratio (TTM) of 6.32 and a Forward P/E of 5.11, implying that the market expects earnings growth to be strong enough to justify the lower forward multiple compared to the trailing earnings. The price-to-book ratio is 9.09, indicating that the market values the company at a significant premium over its tangible book value, likely due to intangible assets like brand equity. Alternative valuation metrics include a price-to-sales ratio of 0.43 and an EV/EBITDA of 7.21, which suggest the company is priced attractively relative to its sales volume and enterprise earnings power. The 52-week trading range spans from a low of $16.00 to a high of $30.29, providing a historical context for price volatility and potential support or resistance levels. The beta value is 0.70, which means the stock price tends to be less volatile than the broader market, exhibiting lower sensitivity to general market fluctuations.

Growth & Income

Revenue growth for the trailing twelve months is 6.5%, while earnings growth data is listed as N/A, preventing a direct comparison of earnings expansion versus revenue expansion in this specific reporting period. As a dividend payer, the company offers a dividend yield of 6.4% with a payout ratio of 40.4%, suggesting that the dividend is well-covered by earnings and is likely sustainable given the current profitability levels. The high dividend yield combined with the moderate revenue growth profile indicates a focus on returning substantial cash to shareholders rather than aggressive reinvestment for rapid expansion. Overall, the financial profile presents a value-oriented investment case characterized by high leverage, strong cash generation, and a significant dividend yield supported by stable revenue performance.