# EnerSys (ENS) fundamentals

Data as of 2026-09-08. NYSE, United States. Sector: Industrials / Electrical Equipment. Price $181.91, market value $6.6 billion.

## Valuation
- **P/E (trailing): 19.5×** (5-yr avg 17.6×, 3-yr avg 15.6×). EnerSys trades at 19.5× trailing earnings, close to its own five-year average of 17.6×. The Industrials median in the September 2026 study was 25.7×. Forward P/E is 12.8×, lower than trailing, so analysts expect earnings to grow.
- **Price / sales: 1.7×**. Each dollar of revenue is priced at 1.7×.
- **Price / book: 3.4×**. The shares trade at 3.4× book value; book value is a meaningful part of the valuation.
- **EV / EBITDA: 11.9×**. Enterprise value is 11.9× operating earnings before depreciation, the multiple that ignores how the company is financed.
- **Free-cash-flow yield: 10.9%** (5-yr avg 4.3%). Free cash flow equals 10.9% of the market value, above its five-year average of 4.3%, so the shares are cheaper on cash than they have usually been. Above 5% is generally attractive.
- **Earnings yield: 5.1%**. The inverse of the P/E: 5.1% of the price is earned each year.

## Profitability
- **Gross margin: 30.5%**. EnerSys keeps 30.5% of revenue after the direct cost of what it sells.
- **Operating margin: 13.0%**. 13.0% of revenue is left after running the business.
- **Net margin: 7.8%**. 7.8% of each dollar of sales reaches the bottom line.
- **Return on equity: 15.4%**. 15.4% on shareholders' equity is solid.
- **Return on invested capital: 15.1%**. Return on all capital, debt included, is 15.1%: comfortably above what that capital costs.
- **Return on assets: 8.8%**. Each dollar of assets produces 8.8% of profit.

## Growth
- **Revenue growth (1 yr): 3.7%** (3-yr 0.4%/yr, 5-yr 4.7%/yr). Revenue grew 3.7% over the last year, against 4.7% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): -14.3%** (3-yr 21.9%/yr, 5-yr 18.3%/yr). Earnings per share fell 14.3%, slower than revenue, so margins compressed.
- **Free-cash-flow growth (3 yr): 34.7%/yr**. Free cash flow has compounded at 34.7% a year over three years, keeping pace with earnings: the growth is real cash.

## Financial health
- **Debt to equity: 0.58**. Debt is 0.58 times equity, moderate leverage.
- **Net debt / EBITDA: 1.1×**. It would take 1.1 years of operating earnings to repay net borrowings, within the comfortable range.
- **Altman Z-score: 3.83**. A Z-score of 3.83 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 6/9**. 6 of 9 checks pass: mixed.

## Dividends
- **Dividend yield: 0.63%** ($1.05 per share, trailing). EnerSys yields 0.63%, a modest yield more typical of a growth-oriented payer.
- **Payout ratio: 13%** (5% of free cash flow). 13% of earnings goes out as dividends, leaving room to keep raising it.
- **Consecutive years of increases: 13**. 13 straight years of increases, a record that survived at least one recession.
- **Dividend growth (5 yr): 7.5%/yr** (1-yr 8.2%). The dividend has grown 7.5% a year over five years.

## Price and momentum
- **Total return (1 yr): 77.7%** (YTD 24.3%, 3-mo -19.8%). The shares are up 77.7% over twelve months including dividends.
- **From 52-week high: -25.5%** (76.6% above the low). Trading 26% below its 52-week high.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 40**. An RSI of 40 is neutral.
- **Beta (1 yr): 1.71** (volatility 41%). Beta of 1.71 against the S&P 500: the shares move much more than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=ENS · Page: https://foliofundamentals.com/stocks/ens

Not investment advice.
