ENS
EnerSys
ENS's fundamentals are strong and it looks cheap: trading at 15x earnings, below its usual 20x. Analysts expect earnings growth.
ENS Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| Strong | |
| Healthy |
ENS's profitability, cash flow and balance sheet are currently healthy, and its revenue is stable.
ENS PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 11x | $148 | — |
| Cheap | 14x | $138 | -6.6% |
| Current | 15x | $148 | — |
| Fair | 20x | $196 | +33% |
| Expensive | 26x | $257 | +74% |
Historical ranges are pointers, not guarantees.
ENS's PE is in its cheap range at 15x. If earnings grow as analysts expect, today's price would be 11x next year's earnings.
ENS Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Growth | |
| Growth | |
| Improving | |
| Limited | |
| High |
Analysts expect earnings and revenue growth for ENS, with profitability improving.
ENS Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $13.22 | +33% |
| Q3 2026 | $9.95 | +17% |
| Q2 2026 | $9.33 | +6.8% |
| Q1 2026 | $7.70 | -14% |
| Q4 2025 | $8.05 | -0.4% |
| Q3 2025 | $8.53 | +21% |
| Q2 2025 | $8.74 | +32% |
| Q1 2025 | $8.99 | +38% |
| Q4 2024 | $8.08 | +22% |
ENS earned $9.95 per share over the past year, up 17% from the year before.
ENS Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $949.9M | -0.1% |
| Q2 2026 | $935.6M | +4.8% |
| Q1 2026 | $987.9M | +1.3% |
| Q4 2025 | $919.1M | +1.4% |
| Q3 2025 | $951.3M | +7.7% |
| Q2 2025 | $893M | +4.7% |
| Q1 2025 | $974.8M | +7% |
| Q4 2024 | $906.2M | +5.2% |
ENS's revenue grew through 2022 and has held roughly level since: $950M last quarter, about level with the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 12% | +2.5 points |
| Q2 2026 | 16% | +6.5 points |
| Q1 2026 | 13% | -1 points |
| Q4 2025 | 14% | -2.2 points |
| Q3 2025 | 9.7% | -1.6 points |
| Q2 2025 | 9.7% | -1 points |
| Q1 2025 | 13% | +4.6 points |
| Q4 2024 | 16% | +5 points |
ENS's operating margin was 12% last quarter, up 2.5 points from the same quarter a year ago.
ENS Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $130.3M | -34% |
| Q2 2026 | $217.7M | +$249.8M |
| Q1 2026 | $131.2M | +25% |
| Q4 2025 | $171.3M | +202% |
| Q3 2025 | $197.1M | +5876% |
| Q2 2025 | -$32.1M | -$6.3M |
| Q1 2025 | $104.9M | -4.1% |
| Q4 2024 | $56.8M | -49% |
ENS generated $650M in free cash flow over the past year, up 99% from the year before.
ENS Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -1.8% | -669K shares |
| 1 year | -2.7% | -1M shares |
| 3 years | -11% | -4.7M shares |
| 5 years | -15% | -6.3M shares |
| Available history | -14% | -5.9M shares |
ENS has 37M diluted shares, down 2.7% from a year ago, with $333M in buybacks over the past year.
| Quarter | Spent |
|---|---|
| Q3 2026 | $130M |
| Q2 2026 | $50M |
| Q1 2026 | $69.3M |
| Q4 2025 | $83.6M |
| Q3 2025 | $67.8M |
| Q2 2025 | $150M |
| Q1 2025 | $40M |
| Q4 2024 | $38.7M |
ENS spent $333M buying back its own shares over the past year, up 12% from the year before.
ENS Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 0.9x | Very low |
| Q2 2026 | 0.8x | Very low |
| Q1 2026 | 1.2x | Healthy |
| Q4 2025 | 1.3x | Healthy |
| Q3 2025 | 1.5x | Healthy |
| Q2 2025 | 1.7x | Healthy |
| Q1 2025 | 1.4x | Healthy |
| Q4 2024 | 1.6x | Healthy |
ENS's net debt is less than a year of its operating earnings (EBITDA), down from 1.5 years a year ago.
ENS Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 32.5 | Neutral |
| Stochastic | 5.8 | Oversold |
ENS's weekly RSI is 32 (neutral) and its Stochastic is 6 (oversold).
ENS PE vs Industrials Sector
| Metric | ENS | Sector median | Relative |
|---|---|---|---|
| PE | 15x | 24x | 38% below |
| PE % | 22 | 58 | 36 pts below |
ENS is trading at 15x earnings, a 38% discount to the Industrials sector's median of 24x.
ENS Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $168.1 | 12% below |
| 20 week MA | $182.0 | 19% below |
| 50 week MA | $184.5 | 20% below |
| 100 week MA | $142.3 | 3.9% above |
| 200 week MA | $118.9 | 24% above |
ENS has pulled back, but its long-term trend is still up: it's below its 8-, 20- and 50-week averages, but 24% above its 200-week average.
ENS Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $75.5 | $83.3 | +10% |
| 2021 | $83.3 | $77.5 | -6.9% |
| 2022 | $77.5 | $73.0 | -5.8% |
| 2023 | $73.0 | $101.0 | +38% |
| 2024 | $101.0 | $92.7 | -8.2% |
| 2025 | $92.7 | $151.0 | +63% |
| 2026 YTD | $151.0 | $147.8 | -2.1% |
ENS has finished lower in three of the last six years. It's down 2.1% so far in 2026.