EnerSys Stock Research

Market Summary

USD97.27-2.71

Market Closed

-2.71%

ENS Alerts

Big jump in Earnings (Y/Y)

ENS Stock Price

ENS RSI Chart

ENS Valuation

Market Cap

4.0B

Price/Earnings (Trailing)

22.63

Price/Sales (Trailing)

1.07

EV/EBITDA

10.05

Price/Free Cashflow

20.81

ENS Price/Sales (Trailing)

ENS Profitability

EBT Margin

4.79%

Return on Equity

9.03%

Return on Assets

3.87%

Free Cashflow Yield

4.81%

ENS Fundamentals

ENS Revenue

Revenue (TTM)

3.7B

Revenue Y/Y

9.14%

Revenue Q/Q

7.58%

ENS Earnings

Earnings (TTM)

175.8M

Earnings Y/Y

134.76%

Earnings Q/Q

48.5%

Price Action

52 Week Range

55.60100.20

(Low)(High)

Last 7 days

15.7%

Last 30 days

16.5%

Last 90 days

6.4%

Trailing 12 Months

43.6%

ENS Financial Health

Current Ratio

2.79

ENS Investor Care

Dividend Yield

0.72%

Dividend/Share (TTM)

0.7

Buy Backs (1Y)

0.21%

Diluted EPS (TTM)

4.25

Peers (Alternatives to EnerSys)

View All Peers In Detail

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
ETN	70.1B	21.4B	4.22%	28.26%	27.31	3.28	8.16%	15.68%
EMR	44.4B	17.5B	-6.80%	-11.36%	9.28	2.54	-0.55%	66.86%
AME	32.0B	6.2B	4.11%	20.25%	27.55	5.19	10.89%	14.33%
HUBB	15.2B	5.1B	3.52%	48.77%	27.69	2.99	15.55%	13.16%
MID-CAP
VRT	7.3B	6.1B	30.23%	75.61%	61.8	1.21	19.78%	22.82%
GNRC	6.6B	4.3B	6.24%	-55.92%	16.49	1.44	6.18%	-42.16%
PLUG	5.5B	770.9M	-5.78%	-54.98%	-7.58	7.83	34.97%	-39.30%
AYI	4.8B	4.1B	-5.17%	-13.83%	12.74	1.17	10.32%	9.37%
ENS	4.0B	3.7B	16.45%	43.64%	22.63	1.07	10.46%	22.17%
WIRE	3.0B	3.0B	1.02%	30.92%	4.38	1	2.90%	2.12%
SMALL-CAP
AZZ	869.7M	1.3B	-7.69%	-21.28%	-7.55	0.66	151.84%	-237.17%
FCEL	860.2M	37.1M	3.92%	-48.29%	-46.19	23.2	-57.14%	80.55%
THR	768.4M	420.7M	8.11%	45.74%	22.18	1.83	28.88%	234.59%
TPIC	452.8M	1.5B	-7.94%	-22.70%	-6.32	0.29	6.15%	58.73%
OPTT	29.2M	2.5M	1.82%	-30.67%	-1.33	11.66	56.20%	-15.95%

Financials for EnerSys

* denotes actual numbers (not divided by Millions)
Income Statement (Last 12 Months)					(In Millions)
Description	(%) Q/Q	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1
Revenue	2.3%	3,709	3,626	3,549	3,441	3,357
Gross Profit	6.5%	840	789	759	742	750
Operating Expenses	0.9%	532	527	511	-	-
EBITDA	7.2%	320	299	294	308	-
EBITDA Margin	4.9%	0.09*	0.08*	0.09*	0.09*	-
Earnings Before Taxes	21.2%	211	174	159	158	174
EBT Margin	7.2%	0.05*	0.04*	0.05*	0.05*	-
Interest Expenses	10.4%	60.00	54.00	46.00	40.00	38.00
Net Income	27.4%	176	138	130	131	144
Net Income Margin	4.0%	0.04*	0.04*	0.04*	0.04*	-
Free Cahsflow	146.2%	69.00	-149	-169	-139	-

* denotes actual numbers (not divided by Millions)
Balance Sheet					(In Millions)
Description	(%) Q/Q	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1
Assets	1.4%	3,617	3,568	3,624	3,722	3,737
Current Assets	1.4%	1,896	1,870	1,961	2,012	1,993
Cash Equivalents	16.3%	347	298	294	383	402
Inventory	-4.5%	798	835	812	778	716
Net PPE	2.9%	496	482	489	503	-
Goodwill	0.4%	677	674	658	682	701
Liabilities	-1.2%	2,013	2,037	2,210	2,283	2,243
Current Liabilities	7.2%	718	670	672	655	738
. Short Term Borrowings	-4.3%	31.00	32.00	35.00	46.00	55.00
LT Debt, Non Current	-5.7%	1,042	1,105	1,296	1,377	1,243
Shareholder's Equity	5.0%	1,604	1,528	1,414	1,439	1,489
Retained Earnings	3.1%	1,930	1,872	1,834	1,807	1,784
Additional Paid-In Capital	1.9%	596	585	578	576	571
Shares Outstanding	0.1%	41.00	41.00	41.00	41.00	41.00
Minority Interest	0.4%	4.00	4.00	3.00	4.00	4.00

Cashflow (Last 12 Months)					(In Millions)
Description	(%) Q/Q	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1
Cashflow From Operations	88.8%	280	148	-70.31	-89.33	-65.58
Share Based Compensation	-3.2%	26.00	27.00	27.00	26.00	24.00
Cashflow From Investing	-27.1%	-44.80	-35.26	-33.90	-78.99	-69.23
Cashflow From Financing	-49.7%	-270	-180	44.00	185	98.00
Dividend Payments	-0.1%	29.00	29.00	29.00	29.00	29.00
Buy Backs	-64.6%	23.00	65.00	179	211	156

Risks for ENS

What is the probability of a big loss on ENS?

71.5%

Probability that EnerSys stock will be more than 20% underwater in next one year

45.8%

Probability that EnerSys stock will be more than 30% underwater in next one year.

19.2%

Probability that EnerSys stock will be more than 40% underwater in next one year.

*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does ENS drawdown profile look like?

Y-axis is the maximum loss one would have experienced if EnerSys was unfortunately bought at previous high price.

Drawdowns

Returns for ENS

Cumulative Returns on ENS

7.9%

10-Year Cumulative Returns

7.1%

7-Year Cumulative Returns

4.7%

5-Year Cumulative Returns

16.1%

3-Year Cumulative Returns

What are the long-term rolling returns for ENS?

FIve years rolling returns for EnerSys.

Annualized Returns

Which funds bought or sold ENS recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
2023-05-26	ProShare Advisors LLC	reduced	-8.56	44,315	628,316	-%
2023-05-23	Front Row Advisors LLC	unchanged	-	2,000	9,000	-%
2023-05-23	ROYCE & ASSOCIATES LP	sold off	-100	-1,107,600	-	-%
2023-05-23	Toroso Investments, LLC	added	100	1,443,000	2,506,000	0.04%
2023-05-22	AMERIPRISE FINANCIAL INC	added	0.03	1,693,520	11,260,500	-%
2023-05-18	Harvest Portfolios Group Inc.	new	-	954,985	954,985	0.05%
2023-05-18	SkyView Investment Advisors, LLC	new	-	87,000	87,000	0.02%
2023-05-18	JPMORGAN CHASE & CO	added	32.29	3,751,040	10,492,000	-%
2023-05-18	NEW YORK STATE COMMON RETIREMENT FUND	reduced	-3.28	2,893,000	23,854,000	0.03%
2023-05-17	Advisory Services Network, LLC	unchanged	-	469	3,128	-%

Latest Funds Activity

Are funds buying ENS calls or puts?

Calls

Puts

Are funds bullish or bearish(Calls - Puts)?

Net Call Options

No. of funds that own ENS

No. of Funds

ENS Alerts

Big jump in Earnings (Y/Y)

EnerSys News

Schedule 13G FIlings of EnerSys

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Mar 10, 2023	vanguard group inc	10.06%	4,110,157	SC 13G/A
Feb 09, 2023	vanguard group inc	9.88%	4,035,404	SC 13G/A
Jan 26, 2023	blackrock inc.	11.9%	4,847,648	SC 13G/A
Jan 20, 2023	blackrock inc.	11.9%	4,847,648	SC 13G
Mar 09, 2022	vanguard group inc	10.05%	4,147,093	SC 13G/A
Feb 04, 2022	wellington management group llp	3.49%	1,461,287	SC 13G/A
Jan 28, 2022	blackrock inc.	11.2%	4,686,544	SC 13G/A
Feb 12, 2021	boston partners	4.37%	1,860,352	SC 13G/A
Feb 10, 2021	vanguard group inc	8.88%	3,780,303	SC 13G/A
Feb 03, 2021	wellington management group llp	6.05%	2,576,699	SC 13G/A

ENS Fair Value

Show Fair-Value

Recent SEC filings of EnerSys

View All Filings

Date Filed	Form Type	Document
May 31, 2023	SD	SD
May 24, 2023	10-K	Annual Report
May 24, 2023	8-K	Current Report
Apr 20, 2023	4	Insider Trading
Apr 20, 2023	4	Insider Trading
Apr 20, 2023	4	Insider Trading
Apr 20, 2023	4	Insider Trading
Apr 20, 2023	4	Insider Trading
Apr 20, 2023	4	Insider Trading
Apr 20, 2023	4	Insider Trading

Latest Insider Trading transactions for ENS

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
2023-04-18	HOFFEN HOWARD I	acquired	22,780	69.2412	329	-
2023-04-18	KATSAROS ARTHUR T	acquired	39,990	69.3074	577	-
2023-04-18	Vargo Ronald P	acquired	5,570	68.7701	81.00	-
2023-04-18	FLUDDER STEVEN M	acquired	25,773	69.2833	372	-
2023-04-18	Morytko Tamara	acquired	22,780	69.2412	329	-
2023-04-18	Wynter Rudolph W.	acquired	24,276	69.3625	350	-
2023-04-18	TUFANO PAUL J	acquired	18,207	69.2306	263	-
2023-03-31	KATSAROS ARTHUR T	acquired	-	-	180	-
2023-03-31	Tinnemeyer Joern	acquired	-	-	29.326	sr. vp & cto
2023-03-31	Chan Caroline	acquired	-	-	18.5273	-

About EnerSys

David M. Shaffer

www.enersys.com

11100

EnerSys provides various stored energy solutions for industrial applications worldwide. It operates in three segments: Energy Systems, Motive Power, and Specialty. The company offers uninterruptible power systems applications for computer and computer-controlled systems, as well as telecommunications systems; switchgear and electrical control systems used in industrial facilities and electric utilities, large-scale energy storage, and energy pipelines; integrated power solutions and services to broadband, telecom, renewable, and industrial customers; and thermally managed cabinets and enclosures for electronic equipment and batteries. It also provides motive power products that are used to provide power for electric industrial forklifts used in manufacturing, warehousing, and other material handling applications, as well as mining equipment, diesel locomotive starting, and other rail equipment. In addition, the company offers specialty batteries for starting, lighting, and ignition applications in transportation; and energy solutions for satellites, military aircraft, submarines, ships, and other tactical vehicles, as well as medical and security systems. Further, it provides battery chargers, power equipment, battery accessories, and outdoor cabinet enclosures, as well as related after-market and customer-support services for industrial batteries. The company sells its products through a network of distributors, independent representatives, and internal sales forces. The company was formerly known as Yuasa, Inc. and changed its name to EnerSys in January 2001. EnerSys was incorporated in 2000 and is headquartered in Reading, Pennsylvania.

ENS Income Statement

2023-03-31

Consolidated Statements of Income - USD ($) $ in Thousands	12 Months Ended
Consolidated Statements of Income - USD ($) $ in Thousands	Mar. 31, 2023	Mar. 31, 2022	Mar. 31, 2021
Net sales	$ 3,708,579	$ 3,357,319	$ 2,977,932
Inventory step up to fair value relating to acquisitions and exit activities	681	2,604	0
Gross profit	840,138	749,968	739,150
Operating expenses	544,858	520,810	482,401
Restructuring and other exit charges	16,439	18,756	40,374
Impairment of indefinite-lived intangibles	480	1,178	0
Loss on assets held for sale	0	2,973	0
Operating earnings	278,361	206,251	216,375
Interest expense	59,529	37,777	38,436
Other (income) expense, net	8,193	(5,465)	7,804
Earnings before income taxes	210,639	173,939	170,135
Income tax expense	34,829	30,028	26,761
Net earnings attributable to EnerSys stockholders	$ 175,810	$ 143,911	$ 143,374
Net earnings per common share attributable to EnerSys stockholders:
Basic (usd per share)	$ 4.31	$ 3.42	$ 3.37
Diluted (usd per share)	4.25	3.36	3.32
Dividends per common share (usd per share)	$ 0.70	$ 0.70	$ 0.70
Weighted-average number of common shares outstanding:
Basic (in shares)	40,809,235	42,106,337	42,548,449
Diluted (in shares)	41,326,755	42,783,373	43,224,403
Product
Net sales	$ 3,307,781	$ 3,004,231	$ 2,681,719
Cost of goods sold	2,597,296	2,360,150	2,033,636
Service
Net sales	400,798	353,088	296,213
Cost of goods sold	$ 270,464	$ 244,597	$ 205,146

ENS Balance Sheet

2023-03-31

Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2023	Mar. 31, 2022
Current assets:
Cash and cash equivalents	$ 346,665	$ 402,488
Accounts receivable, net of allowance for doubtful accounts (2023–$8,775; 2022–$12,219)	637,817	719,434
Inventories, net	797,798	715,712
Prepaid and other current assets	113,601	155,559
Total current assets	1,895,881	1,993,193
Property, plant, and equipment, net	513,283	503,264
Goodwill	676,715	700,640
Other intangible assets, net	360,412	396,202
Deferred taxes	49,152	60,479
Other assets	121,231	82,868
Total assets	3,616,674	3,736,646
Current liabilities:
Short-term debt	30,642	55,084
Current portion of finance leases	90	185
Accounts payable	378,641	393,096
Accrued expenses	308,947	289,765
Total current liabilities	718,320	738,130
Long-term debt, net of unamortized debt issuance costs	1,041,989	1,243,002
Finance leases	254	231
Deferred taxes	61,118	78,228
Other liabilities	191,112	183,780
Total liabilities	2,012,793	2,243,371
Commitments and contingencies
Equity:
Preferred Stock, $0.01 par value, 1,000,000 shares authorized, no shares issued or outstanding at March 31, 2023 and at March 31, 2022	0	0
Common Stock, $0.01 par value per share, 135,000,000 shares authorized, 56,004,613 shares issued and 40,901,059 shares outstanding at March 31, 2023; 55,748,924 shares issued and 40,986,658 shares outstanding at March 31, 2022	560	557
Additional paid-in capital	596,464	571,464
Treasury stock at cost, 15,103,554 shares held as of March 31, 2023 and 14,762,266 shares held as of March 31, 2022	(740,956)	(719,119)
Retained earnings	1,930,148	1,783,586
Contra equity - indemnification receivable	(2,463)	(3,620)
Accumulated other comprehensive loss	(183,474)	(143,495)
Total EnerSys stockholders’ equity	1,600,279	1,489,373
Nonredeemable noncontrolling interests	3,602	3,902
Total equity	1,603,881	1,493,275
Total liabilities and equity	$ 3,616,674	$ 3,736,646