EnerSys (ENS)
Market Price (11/5/2025): $122.0 | Market Cap: $4.7 BilSector: Industrials | Industry: Electrical Components & Equipment
EnerSys (ENS)
Market Price (11/5/2025): $122.0Market Cap: $4.7 BilSector: IndustrialsIndustry: Electrical Components & Equipment
Investment Highlights
Why It Matters
Which of these 2 stories sounds closer for this stock?
1. Generates cash flow
The stock generated 4% or more of the share price (called cash flow yield), and shows moderate 10-15% or more growth.
2. Riding a trend
Think Tesla during the pandemic of 2020 when EVs were riding a cultural high, or Nvidia in the current AI boom, or even Figma. These companies don’t have enough yield, or, enough growth, or both - however - they are riding a trend. They have momentum. These can be more volatile - they don’t have the floor of strong cash flow
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 8.1%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 3.7% | Trading close to highsDist 52W High is -2.4%, Dist 3Y High is -2.4% | |
| Low stock price volatilityVol 12M is 35% | Weak multi-year price returns2Y Excs Rtn is -15% |
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 8.1%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 3.7% |
| Low stock price volatilityVol 12M is 35% |
| Trading close to highsDist 52W High is -2.4%, Dist 3Y High is -2.4% |
| Weak multi-year price returns2Y Excs Rtn is -15% |
Market Valuation & Key Metrics
ENS Stock
Return vs. Risk
Price Returns Compared
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| ENS Return | 12% | -4% | -6% | 38% | -8% | 34% | 78% |
| Peers Return | 27% | 22% | -25% | 33% | 16% | 13% | 103% |
| S&P 500 Return | 16% | 27% | -19% | 24% | 23% | 15% | 112% |
Monthly Win Rates [3] | |||||||
| ENS Win Rate | 67% | 67% | 42% | 50% | 33% | 70% | |
| Peers Win Rate | 50% | 60% | 38% | 50% | 52% | 58% | |
| S&P 500 Win Rate | 58% | 75% | 42% | 67% | 75% | 70% | |
Max Drawdowns [4] | |||||||
| ENS Max Drawdown | -49% | -12% | -27% | -2% | -13% | -15% | |
| Peers Max Drawdown | -39% | -7% | -40% | -21% | -26% | -28% | |
| S&P 500 Max Drawdown | -31% | -1% | -25% | -1% | -2% | -15% | |
[1] Cumulative total returns since the beginning of 2020
[2] Peers: RBC, VICR, HI, AIN, ADSE. See ENS Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 11/4/2025 (YTD)
How Low Can It Go
| Event | ENS | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -44.2% | -25.4% |
| % Gain to Breakeven | 79.1% | 34.1% |
| Time to Breakeven | 323 days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -50.9% | -33.9% |
| % Gain to Breakeven | 103.8% | 51.3% |
| Time to Breakeven | 236 days | 148 days |
| 2018 Correction | ||
| % Loss | -39.3% | -19.8% |
| % Gain to Breakeven | 64.6% | 24.7% |
| Time to Breakeven | 502 days | 120 days |
| 2008 Global Financial Crisis | ||
| % Loss | -84.0% | -56.8% |
| % Gain to Breakeven | 523.2% | 131.3% |
| Time to Breakeven | 813 days | 1480 days |
Compare to RBC, VICR, HI, AIN, ADSE
In The Past
EnerSys's stock fell -44.2% during the 2022 Inflation Shock from a high on 3/17/2021. A -44.2% loss requires a 79.1% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth over time.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
Latest Trefis Analyses
| Title | Topic | Date | |
|---|---|---|---|
| DASHBOARDS | |||
| EnerSys Stock Jumped 11% in a Week, What Now? | Return | ||
| EnerSys vs Barrick Mining: Which Is A Better Investment? | Counter-Intuitive Comparisons | ||
| EnerSys vs Owens-Corning: Which Is A Better Investment? | Counter-Intuitive Comparisons | ||
| How Does EnerSys Stock Stack Up Against Its Peers? | Peer Comparison | ||
| Better Bet Than ENS Stock: Pay Less Than EnerSys To Get More From PCG, EIX | |||
| ENS Dip Buy Analysis | |||
| EnerSys Total Shareholder Return (TSR): -1.4% in 2025 and 8.9% 3-yr compounded annual returns (above peer average) | |||
| EnerSys (ENS) Operating Cash Flow Comparison | Financials | ||
| EnerSys (ENS) Net Income Comparison | Financials | ||
| EnerSys (ENS) Operating Income Comparison | Financials | ||
| ARTICLES | |||
| Small Cap Stocks Trading At 52-Week High | September 9th, 2025 | ||
| Small Cap Stocks Trading At 52-Week High | September 6th, 2025 | ||
| Which Stocks Can Offer Better Returns Compared To Corning? | July 1st, 2021 |
Trade Ideas
Select past ideas related to ENS. For more, see Trefis Trade Ideas.
| Date | Ticker | Company | Category | Trade Strategy | 6M Fwd Rtn | 12M Fwd Rtn | 12M Max DD |
|---|---|---|---|---|---|---|---|
| 10312025 | GEO | GEO | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | -0.9% | -0.9% | -0.9% |
| 10312025 | RUN | Sunrun | Special | Short Squeeze PotentialShort Squeeze PotentialHas potential for a short squeeze. High short interest, rising short interest and high debt. | -3.8% | -3.8% | -3.8% |
| 10312025 | PLPC | Preformed Line Products | Quality | Q | Momentum | UpsideQuality Stocks with Momentum and UpsideBuying quality stocks with strong momentum but still having room to run | -0.4% | -0.4% | -0.4% |
| 10172025 | VRSK | Verisk Analytics | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | -7.3% | -7.3% | -10.5% |
| 10102025 | CARR | Carrier Global | Dip Buy | DB | P/E OPMDip Buy with Low PE and High MarginBuying dips for companies with tame PE and meaningfully high operating margin | 2.5% | 2.5% | -0.8% |
| 03312020 | ENS | EnerSys | Dip Buy | DB | Growth | FCF YieldDip Buy with Growth and High Free Cash Flow YieldBuying dips for companies with growth, and significant free cash flow yield (FCF / Market Cap) | 36.5% | 85.0% | -12.1% |
| 08312019 | ENS | EnerSys | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 10.5% | 33.0% | -31.1% |
| Date | Ticker | Company | Category | Trade Strategy | 6M Fwd Rtn | 12M Fwd Rtn | 12M Max DD |
|---|---|---|---|---|---|---|---|
| 10312025 | GEO | GEO | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | -0.9% | -0.9% | -0.9% |
| 10312025 | RUN | Sunrun | Special | Short Squeeze PotentialShort Squeeze PotentialHas potential for a short squeeze. High short interest, rising short interest and high debt. | -3.8% | -3.8% | -3.8% |
| 10312025 | PLPC | Preformed Line Products | Quality | Q | Momentum | UpsideQuality Stocks with Momentum and UpsideBuying quality stocks with strong momentum but still having room to run | -0.4% | -0.4% | -0.4% |
| 10172025 | VRSK | Verisk Analytics | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | -7.3% | -7.3% | -10.5% |
| 10102025 | CARR | Carrier Global | Dip Buy | DB | P/E OPMDip Buy with Low PE and High MarginBuying dips for companies with tame PE and meaningfully high operating margin | 2.5% | 2.5% | -0.8% |
| 03312020 | ENS | EnerSys | Dip Buy | DB | Growth | FCF YieldDip Buy with Growth and High Free Cash Flow YieldBuying dips for companies with growth, and significant free cash flow yield (FCF / Market Cap) | 36.5% | 85.0% | -12.1% |
| 08312019 | ENS | EnerSys | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 10.5% | 33.0% | -31.1% |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons for EnerSys
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 71.71 |
| Mkt Cap | 4.0 |
| Rev LTM | 1,723 |
| Op Inc LTM | 174 |
| FCF LTM | 133 |
| FCF 3Y Avg | 98 |
| CFO LTM | 211 |
| CFO 3Y Avg | 167 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 3.7% |
| Rev Chg 3Y Avg | 8.4% |
| Rev Chg Q | 4.7% |
| QoQ Delta Rev Chg LTM | 1.1% |
| Op Mgn LTM | 13.1% |
| Op Mgn 3Y Avg | 11.4% |
| QoQ Delta Op Mgn LTM | -0.6% |
| CFO/Rev LTM | 17.5% |
| CFO/Rev 3Y Avg | 14.4% |
| FCF/Rev LTM | 11.7% |
| FCF/Rev 3Y Avg | 7.0% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 4.0 |
| P/S | 1.4 |
| P/EBIT | 14.4 |
| P/E | 21.8 |
| P/CFO | 19.0 |
| Total Yield | 2.1% |
| Dividend Yield | 0.8% |
| FCF Yield 3Y Avg | 3.4% |
| D/E | 0.2 |
| Net D/E | 0.2 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | 10.8% |
| 3M Rtn | 20.4% |
| 6M Rtn | 31.6% |
| 12M Rtn | 22.4% |
| 3Y Rtn | 78.1% |
| 1M Excs Rtn | 9.7% |
| 3M Excs Rtn | 13.8% |
| 6M Excs Rtn | 10.8% |
| 12M Excs Rtn | 4.9% |
| 3Y Excs Rtn | -1.0% |
Comparison Analyses
Segment Financials
Revenue by Segment
| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Energy Systems | 1,590 | 1,738 | 1,537 | 1,380 | 1,357 |
| Motive power | 1,456 | 1,451 | 1,361 | 1,164 | 1,348 |
| Specialty | 536 | 519 | 459 | 434 | 382 |
| Corporate and other | 0 | 0 | |||
| Total | 3,582 | 3,709 | 3,357 | 2,978 | 3,088 |
| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Motive power | 201 | 165 | 170 | 144 | 147 |
| Corporate and other | 117 | 17 | |||
| Specialty | 18 | 35 | 43 | 46 | 42 |
| Energy Systems | 15 | 61 | 19 | 67 | 68 |
| Impairment of goodwill | 0 | 0 | -40 | ||
| Impairment of indefinite-lived intangibles - Energy Systems | -1 | 0 | |||
| Impairment of indefinite-lived intangibles - Motive Power | -1 | 0 | |||
| Impairment of indefinite-lived intangibles - Specialty | 0 | 0 | |||
| Inventory adjustment relating to exit activities - Energy Systems | -0 | 0 | |||
| Inventory adjustment relating to exit activities - Motive Power | -2 | 0 | |||
| Inventory step up to fair value relating to acquisitions - Specialty | 0 | 0 | -2 | ||
| Loss on assets held for sale - Motive Power | -3 | 0 | |||
| Production tax credits from IRA 45X | 0 | 0 | |||
| Restructuring and other exit charges - Energy Systems | -3 | -3 | -7 | ||
| Restructuring and other exit charges - Motive Power | -17 | -37 | -2 | ||
| Restructuring and other exit charges - Specialty | 1 | -0 | -6 | ||
| Fixed asset write-off relating to exit activities - Specialty | -0 | ||||
| Fixed asset write-off relating to exit activities and other - Energy Systems | -0 | ||||
| Fixed asset write-off relating to exit activities and other - Motive Power | -5 | ||||
| Impairment of indefinite-lived intangibles | -5 | ||||
| Inventory step up to fair value relating to acquisitions - Energy Systems | -0 | ||||
| Total | 352 | 278 | 206 | 216 | 190 |
Returns Analyses
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 6302025 | 8062025 | 10-Q 6/29/2025 |
| 3312025 | 5212025 | 10-K 3/31/2025 |
| 12312024 | 2052025 | 10-Q 12/29/2024 |
| 9302024 | 11062024 | 10-Q 9/29/2024 |
| 6302024 | 8072024 | 10-Q 6/30/2024 |
| 3312024 | 5222024 | 10-K 3/31/2024 |
| 12312023 | 2072024 | 10-Q 12/31/2023 |
| 9302023 | 11082023 | 10-Q 10/1/2023 |
| 6302023 | 8092023 | 10-Q 7/2/2023 |
| 3312023 | 5242023 | 10-K 3/31/2023 |
| 12312022 | 2082023 | 10-Q 1/1/2023 |
| 9302022 | 11092022 | 10-Q 10/2/2022 |
| 6302022 | 8102022 | 10-Q 7/3/2022 |
| 3312022 | 5252022 | 10-K 3/31/2022 |
| 12312021 | 2092022 | 10-Q 1/2/2022 |
| 9302021 | 11102021 | 10-Q 10/3/2021 |
Insider Activity
Expand for More| Owner | Title | Filing Date | Action | Price | Shares | TransactedValue | Value ofHeld Shares | Form | |
|---|---|---|---|---|---|---|---|---|---|
| 0 | Uplinger Chad C | Pres., Motive Power Global | 6022025 | Buy | 83.65 | 295 | 24,677 | 1,467,677 | Form |
| 1 | O'Connell Shawn M. | President & CEO | 6022025 | Buy | 83.76 | 475 | 39,786 | 3,604,197 | Form |
| 2 | Shaffer David M | CEO | 2272025 | Sell | 100.42 | 1,561 | 156,756 | 414,534 | Form |
| 3 | Shaffer David M | CEO | 2252025 | Sell | 101.85 | 4,235 | 431,335 | 3,924,484 | Form |
| 4 | Shaffer David M | CEO | 2212025 | Sell | 100.62 | 3,417 | 343,819 | 6,188,130 | Form |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |