Energizer Holdings Stock Fair Value Calculation – ENERGIZER HOLDINGS Reports FY2023 Q3 Earnings Results as of June 30 2023 on August 8 2023
August 27, 2023
☀️Earnings Overview
Energizer Holdings ($NYSE:ENR), Inc. reported its financial results for the third quarter of fiscal year 2023, which ended on June 30, 2023, on August 8, 2023. Total revenue for this quarter was USD 699.4 million, representing a 3.9% decrease when compared to the same period last year. Net income decreased 39.3%, amounting to USD 31.8 million, in comparison to the previous year.
Price History
On Tuesday, August 8 2023, ENERGIZER HOLDINGS reported its results for the fiscal year 2023 Q3, which ended on June 30 2023. The company’s stock opened at $31.8 and closed at $32.8, down 9.2% from its previous closing of $36.1. It was observed that the company’s stock had been steadily declining since April, and the latest report has only solidified the bearish trend. The company’s sales fell short of expectations, as the market was expecting higher growth from ENERGIZER HOLDINGS. The company attributed the weak sales to the impact of the pandemic on its operations and noted that the situation was expected to remain challenging in the coming months. The company also reported a decline in its net income, as it was impacted by expenses related to restructuring and cost-cutting measures.
In addition, ENERGIZER HOLDINGS announced that it would be undertaking further cost-saving initiatives going forward in an attempt to improve its overall financial position. Despite the disappointing report, analysts believe that the company could still turn things around in the near future if it continues to implement cost-saving measures and improve its operational efficiency. As such, investors may find ENERGIZER HOLDINGS attractive for long-term investments. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Energizer Holdings. More…
| Total Revenues | Net Income | Net Margin |
| 2.94k | -242.1 | 5.9% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Energizer Holdings. More…
| Operations | Investing | Financing |
| 403.5 | -46.7 | -340.5 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Energizer Holdings. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 4.51k | 4.34k | 2.33 |
Key Ratios Snapshot
Some of the financial key ratios for Energizer Holdings are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 2.9% | 2.3% | -5.2% |
| FCF Margin | ROE | ROA |
| 12.1% | -60.6% | -2.1% |
Analysis – Energizer Holdings Stock Fair Value Calculation
At GoodWhale, we conducted an analysis of ENERGIZER HOLDINGS‘ financials. After careful consideration, we believe the intrinsic value of ENERGIZER HOLDINGS share is around $36.0 – a figure determined through our proprietary Valuation Line. Interestingly, ENERGIZER HOLDINGS stock is currently traded at $32.8 – a fair price that is undervalued by 8.8%. Therefore, now is a great time to invest in ENERGIZER HOLDINGS and take advantage of the great buying opportunity. More…
Peers
Its products are used in a wide range of applications, including electronic devices, power tools, and medical devices. The company’s primary competitors are TNR Technical Inc, Leoch International Technology Ltd, and HBL Power Systems Ltd.
– TNR Technical Inc ($SEHK:00842)
Leoch International Technology Ltd is a Hong Kong-based company principally engaged in the research, development, manufacture and sale of lead-acid batteries and related products. The Company operates its business through three segments. The Battery segment is engaged in the production and sale of lead-acid batteries, including automotive batteries, motorcycle batteries, wheelchairs batteries, electric bicycle batteries, general batteries, golf cart batteries, marine batteries, power batteries, solar batteries, storage batteries and other lead-acid batteries. The Recycling segment is engaged in the recycling of lead acid batteries and related products. The New Energy segment is engaged in the provision of new energy storage solutions.
– Leoch International Technology Ltd ($BSE:517271)
HBL Power Systems Ltd is an Indian engineering company that manufactures a range of products for the power sector, including power generation equipment, power transmission and distribution equipment, and railway electrification equipment. The company has a market cap of 29.44B as of 2022 and a return on equity of 9.55%. HBL Power Systems Ltd is a publicly traded company listed on the Bombay Stock Exchange and the National Stock Exchange of India.
Summary
ENERGIZER HOLDINGS announced their Q3 FY2023 earnings on August 8 2023, showing a drop in total revenue of 3.9% from the same quarter in the previous year. Net income was also down 39.3%. The stock price responded accordingly and moved down on the same day.
Investment analysts are advised to closely monitor ENERGIZER HOLDINGS’ financial performance, as any further declines or stagnancy in growth could be met with a negative response from the market. Investors should take a closer look at the company’s balance sheet and income statement in order to make a more informed decision.
