EnerSys (ENS) AI Stock Analysis

• Market Cap: $5.42B
• Dividend Yield: 0.68%
• Average Volume (3M): 527.41K
• Price to Earnings (P/E): 17.2
• Beta (1Y): 1.15
• Revenue Growth: 6.17%
• EPS Growth: 20.86%
• Country: US
• Employees: 10,797
• Sector: Industrials
• Sector Strength: 72
• Industry: Electrical Equipment & Parts
• EPS (TTM): 2.56
• Shares Outstanding: 36,909,134
• 10 Day Avg. Volume: 582,109
• 30 Day Avg. Volume: 527,409
• PEG Ratio: 0.26
• Price to Book (P/B): 1.90
• Price to Sales (P/S): 1.01
• P/FCF Ratio: 26.15
• Enterprise Value/Market Cap: 0.93
• Enterprise Value/Revenue: 1.36
• Enterprise Value/Gross Profit: 4.48
• Enterprise Value/Ebitda: 9.20
• 1Y Price Target: $147.50
• Price Target Upside: 0.41% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 4
• EPS Forecast (FY): 10.23
• Revenue Forecast (FY): $3.75B

• Rating: 79 Outperform
• Price Target: $165.00 ▲(12.32% Upside)

EnerSys scores well due to its strong financial performance and positive earnings call, which highlight record sales and strategic growth initiatives. The technical analysis supports a positive trend, while the valuation remains fair. Challenges in specific segments and tariff exposure are noted but outweighed by the company's overall strengths.

Positive Factors

Cash Flow Management

EnerSys's strong free cash flow indicates effective cash management, providing resources for reinvestment and shareholder returns, supporting long-term growth.

Revenue Growth

The consistent revenue growth reflects EnerSys's successful market expansion and product demand, strengthening its competitive position.

Financial Flexibility

The expanded Receivables Purchase Agreement enhances EnerSys's financial flexibility, enabling strategic investments and operational resilience.

Negative Factors

Tariff Exposure

Significant tariff exposure can increase costs and impact profitability, posing a risk to EnerSys's competitive pricing and margins.

Motive Power Segment Challenges

Challenges in the Motive Power segment indicate potential market headwinds, affecting EnerSys's overall revenue and profitability.

Market Uncertainty

Decreasing orders and market uncertainty can hinder EnerSys's growth prospects, impacting future revenue stability and strategic planning.

EnerSys Business Overview & Revenue Model

Company Description

EnerSys (ENS) is a global leader in stored energy solutions for industrial applications, specializing in battery technologies and related products. The company operates in two main sectors: the reserve power sector, which includes backup power systems for telecommunications, data centers, and uninterruptible power systems, and the motive power sector, which focuses on batteries and chargers for material handling and electric vehicles. EnerSys offers a wide range of products including lead-acid and lithium-ion batteries, as well as advanced battery management systems and related services.

How the Company Makes Money

EnerSys generates revenue primarily through the sale of batteries, chargers, and energy storage systems across its two main sectors—reserve power and motive power. The company also earns income through the provision of maintenance services, battery management systems, and related accessories. Key revenue streams include direct sales to customers in industries such as telecommunications, data centers, and logistics. EnerSys has established significant partnerships with major companies in various sectors, enhancing its market reach and product offerings. Additionally, the growing demand for renewable energy storage solutions and electric vehicles presents opportunities for further revenue growth.

EnerSys Financial Statement Overview

Summary

EnerSys exhibits strong financial health with impressive growth in revenue and profitability, supported by a solid balance sheet and robust cash flow generation. The company is well-positioned in the Electrical Equipment & Parts industry, with effective cost management and strategic financial practices contributing to its stability and growth potential.

Income Statement

EnerSys has demonstrated strong revenue growth with a TTM growth rate of 1.85% and consistent improvement in profitability margins. The gross profit margin has increased to 30.39% in TTM, and the net profit margin has improved to 9.05%. The EBIT and EBITDA margins also show positive trends, indicating efficient cost management and operational performance.

Balance Sheet

The company maintains a healthy balance sheet with a low debt-to-equity ratio of 0.016 in TTM, reflecting strong financial stability. The return on equity is robust at 18.02%, showcasing effective use of equity capital. However, the equity ratio is not explicitly calculated, which could provide further insights into asset financing.

Cash Flow

EnerSys has shown significant improvement in cash flow metrics, with a remarkable free cash flow growth rate of 145.81% in TTM. The operating cash flow to net income ratio is 0.56, indicating solid cash generation relative to net income. The free cash flow to net income ratio of 0.75 suggests efficient conversion of profits into cash.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	3.73B	3.62B	3.58B	3.71B	3.36B	2.98B
Gross Profit	1.13B	1.09B	982.89M	840.14M	749.97M	739.15M
EBITDA	551.00M	558.57M	434.16M	361.32M	307.59M	302.65M
Net Income	337.24M	363.74M	269.10M	175.81M	143.91M	143.37M
Balance Sheet
Total Assets	4.07B	3.97B	3.47B	3.62B	3.74B	3.46B
Cash, Cash Equivalents and Short-Term Investments	388.61M	343.13M	333.32M	346.67M	402.49M	451.81M
Total Debt	1.21B	1.20B	914.26M	1.09B	1.37B	1.07B
Total Liabilities	2.21B	2.05B	1.71B	2.01B	2.24B	1.92B
Stockholders Equity	1.86B	1.92B	1.75B	1.60B	1.49B	1.54B
Cash Flow
Free Cash Flow	326.79M	139.26M	370.59M	191.17M	-139.63M	288.36M
Operating Cash Flow	435.27M	260.30M	457.03M	279.94M	-65.58M	358.38M
Investing Cash Flow	-116.26M	-336.39M	-92.48M	-44.80M	-69.23M	-65.04M
Financing Cash Flow	-343.20M	90.27M	-370.56M	-270.45M	98.43M	-188.72M

EnerSys Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 146.90
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For ENS, the sentiment is Positive. The current price of 146.9 is above the 20-day moving average (MA) of 144.85, above the 50-day MA of 133.84, and above the 200-day MA of 103.81, indicating a bullish trend. The MACD of 3.41 indicates Positive momentum. The RSI at 59.60 is Neutral, neither overbought nor oversold. The STOCH value of 40.23 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for ENS.

EnerSys Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ENS	79 Outperform	$5.42B	17.17	18.22%	0.68%	6.17%	20.86%
POWL	76 Outperform	$4.03B	22.41	32.17%	0.32%	9.08%	19.86%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
ENR	59 Neutral	$1.36B	5.97	156.36%	6.06%	2.28%	534.60%
EOSE	56 Neutral	$4.24B	-1.56	―	―	324.10%	-214.91%
ENVX	55 Neutral	$1.70B	-9.69	-68.95%	―	45.98%	44.14%
PLUG	51 Neutral	$3.06B	-1.01	-95.42%	―	2.53%	-2.83%

EnerSys Corporate Events

EnerSys Expands Receivables Purchase Agreement with Wells Fargo

On December 15, 2025, EnerSys announced an amendment to its Receivables Purchase Agreement, initially entered on December 21, 2022, with Wells Fargo Bank and other financial institutions. The amendment increases the payment capacity from $150 million to $250 million, with an additional $50 million accordion feature, enhancing EnerSys’s financial flexibility and potentially impacting its operational capabilities and market positioning.

EnerSys Reports 8% Increase in Q2 2026 Sales

On November 5, 2025, EnerSys announced its financial results for the second quarter of fiscal 2026, reporting an 8% increase in net sales to $951 million compared to the previous year. The company highlighted its strategic framework, EnerGize, which aims to enhance R&D and capital investments, optimize operations, and introduce new products, positioning EnerSys for long-term growth and shareholder value.

EnerSys Expands Credit Facility with New Agreement

On September 25, 2025, EnerSys and its subsidiaries entered into the Sixth Amendment to their Credit Agreement with Bank of America, increasing their revolving credit facility by $150 million to a total of $1.0 billion, set to mature on September 30, 2030. This amendment also included the repayment of all outstanding term loans and interest under the existing agreement, with borrowings under the new facility bearing interest based on EnerSys’s Consolidated Total Net Leverage Ratio.