ENSEnerSys

$192.94

Is the business good?

How good a business is ENS?

EnerSys earns 16% on the capital it employs against a 9.0% cost of capital, so the business is worth more the bigger it gets.

16%

Return on invested capital · cost of capital 9.0% · 6.7 points above what the capital costs: growth creates value

Operating margin
13%

Operating margin · Electrical Equipment & Parts median 7.3% · 12 months to Q1 2027

Cash conversion
2.04×

Cash conversion · 0.38× a year ago · every dollar of reported profit arrived as cash, and more

Share count, year on year
−4.3%

Share count, year on year · bought back, each share owns more of the company

Operating margin by fiscal year
YearOperating margin
FY20217.3%
FY20226.1%
FY20237.5%
FY20249.8%
FY202513%
FY202611%
Details
Gross margin12 months to Q1 2027
31%
Operating margin12 months to Q1 2027
13%
Net margin12 months to Q1 2027
9.3%
Free cash flow margin
19%
Revenue, trailing twelve months
$3.79B
Free cash flow, trailing twelve months
$717M
Net income, trailing twelve months
$353M
Return on invested capitaloperating profit after tax ÷ debt + equity − cash
16%

Margins, capital and share counts from the statements as filed with the SEC; cash conversion from the cash flow statement.