Enersys Stock Intrinsic Value – State of New Jersey Common Pension Fund D Sells Shares of EnerSys Stock
July 25, 2023
☀️Trending News
ENERSYS ($NYSE:ENS): The State of New Jersey Common Pension Fund D recently sold its shares of EnerSys stock at Defense World. EnerSys is a leading industrial battery manufacturer serving a wide range of markets, including automotive, specialty vehicles, aviation, military and government, telecommunications, data center, medical equipment, emergency lighting, and security. With a comprehensive product line and a continuous research and development program backed by a global team of experts, EnerSys is committed to delivering the highest quality and most reliable power solutions to customers around the world.
By selling its shares of EnerSys stock, The State of New Jersey Common Pension Fund D is making a wise investment decision that will help them to further diversify their portfolio and take advantage of the company’s long-term growth potential. With a strong presence in the energy storage market and the ability to provide reliable power solutions to its customers, EnerSys is well-positioned to continue its successful performance in the years to come.
Price History
On Friday, ENERSYS stock opened at $111.7 and closed at $109.1, down by 2.1% from last closing price of 111.4. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Enersys. More…
| Total Revenues | Net Income | Net Margin |
| 3.71k | 175.81 | 5.1% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Enersys. More…
| Operations | Investing | Financing |
| 279.94 | -44.8 | -270.45 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Enersys. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 3.62k | 2.01k | 39.13 |
Key Ratios Snapshot
Some of the financial key ratios for Enersys are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 6.3% | 5.0% | 7.3% |
| FCF Margin | ROE | ROA |
| 5.2% | 10.8% | 4.7% |
Analysis – Enersys Stock Intrinsic Value
At GoodWhale, we recently conducted a thorough analysis of ENERSYS‘s wellbeing in order to determine the intrinsic value of its stock. After analyzing both quantitative and qualitative factors, our proprietary Valuation Line determined the intrinsic value of ENERSYS’s stock to be around $91.4. However, ENERSYS’s stock is currently being traded at $109.1, meaning the stock is overvalued by 19.3%. This means that investors should exercise caution before making any investments in ENERSYS at its current price. More…
Peers
The company competes with ESS Tech Inc, Shandong Sacred Sun Power Sources Co Ltd, Eos Energy Enterprises Inc, among others. EnerSys has a diversified product portfolio and a strong market position. The company’s products are used in a variety of applications including material handling, oil and gas, power generation, transportation, and other industrial applications.
– ESS Tech Inc ($NYSE:GWH)
Founder and CEO of the company is Jean-luc Roy. The company provides software for the management and analysis of data. The company went public in May of 2017. The company’s market cap as of December of 2020 was $525.68 million. The company’s ROE as of December of 2020 was -188.29%.
– Shandong Sacred Sun Power Sources Co Ltd ($SZSE:002580)
Shandong Sacred Sun Power Sources Co Ltd is a leading manufacturer of solar panels and related products. The company has a market cap of 4.97B as of 2022 and a return on equity of 4.18%. The company’s products are used in a variety of applications, including solar power plants, residential and commercial rooftops, and portable solar power systems.
– Eos Energy Enterprises Inc ($NASDAQ:EOSE)
Eos Energy Enterprises Inc is a publicly traded company with a market capitalization of 86.7 million as of 2022. The company has a return on equity of 163.71%. Eos Energy Enterprises Inc is engaged in the business of developing and commercializing energy storage solutions based on zinc-air batteries.
Summary
EnerSys is a provider of stored energy solutions used in applications for a variety of industries. The company’s products are used in various applications such as aerospace and defense, medical and telecommunications. Investing in EnerSys can be an attractive opportunity, as the company has a strong track record of profitability and growth. The State of New Jersey Common Pension Fund D recently sold a significant amount of shares in EnerSys, a move that could signal the fund’s confidence in the stock’s long-term prospects.
Investors should be aware that EnerSys is subject to several potential risks, such as cyclicality in the markets it serves, competition from low-cost producers, and potential volatility due to its reliance on a limited number of suppliers. Despite these risks, EnerSys remains a compelling investment opportunity due to its strong balance sheet, stable cash flows, and attractive dividend yield.
