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Enersys (ENS)



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Upturn Advisory Summary
04/01/2025: ENS (1-star) is currently NOT-A-BUY. Pass it for now.
Analysis of Past Performance
Type Stock | Historic Profit -7.47% | Avg. Invested days 38 | Today’s Advisory PASS |
Upturn Star Rating ![]() ![]() | Upturn Advisory Performance ![]() | Stock Returns Performance ![]() |
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Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 3.65B USD | Price to earnings Ratio 11.47 | 1Y Target Price 115.15 |
Price to earnings Ratio 11.47 | 1Y Target Price 115.15 | ||
Volume (30-day avg) 372412 | Beta 1.19 | 52 Weeks Range 88.28 - 111.69 | Updated Date 04/1/2025 |
52 Weeks Range 88.28 - 111.69 | Updated Date 04/1/2025 | ||
Dividends yield (FY) 1.05% | Basic EPS (TTM) 8.06 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 9.23% | Operating Margin (TTM) 15.98% |
Management Effectiveness
Return on Assets (TTM) 7.34% | Return on Equity (TTM) 18.34% |
Valuation
Trailing PE 11.47 | Forward PE 9.03 | Enterprise Value 4485840292 | Price to Sales(TTM) 1.03 |
Enterprise Value 4485840292 | Price to Sales(TTM) 1.03 | ||
Enterprise Value to Revenue 1.26 | Enterprise Value to EBITDA 8.9 | Shares Outstanding 39428500 | Shares Floating 39217148 |
Shares Outstanding 39428500 | Shares Floating 39217148 | ||
Percent Insiders 1.5 | Percent Institutions 97.03 |
Analyst Ratings
Rating 3.33 | Target Price 115.2 | Buy 2 | Strong Buy - |
Buy 2 | Strong Buy - | ||
Hold 4 | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Enersys

Company Overview
History and Background
Enersys was founded in 2000 as a result of the combination of Yuasa Corporation's industrial battery division and Exide Corporation's industrial energy division. It has grown through acquisitions and organic growth to become a global leader in stored energy solutions.
Core Business Areas
- Energy Systems: Offers power solutions for applications like telecommunications, data centers, and uninterruptible power supplies (UPS) systems, providing batteries, chargers, and related equipment.
- Motive Power: Provides batteries and charging solutions for electric forklifts and other material handling vehicles used in warehouses and manufacturing facilities.
- Specialty: Supplies batteries and power solutions for applications such as aerospace, defense, medical, and transportation, including flooded, AGM, and TPPL technologies.
Leadership and Structure
David M. Shaffer serves as the President and CEO. The company has a hierarchical organizational structure with functional departments such as Sales, Marketing, Operations, and Finance.
Top Products and Market Share
Key Offerings
- PowerSafe Batteries: Valve-regulated lead-acid (VRLA) batteries used in telecommunications, UPS, and other critical power applications. Enersys is a major player in the VRLA market. Competitors include C&D Technologies, East Penn Manufacturing, and NorthStar Battery.
- NexSys Batteries: Thin Plate Pure Lead (TPPL) batteries for motive power applications, offering faster charging and longer life compared to traditional lead-acid batteries. Enersys competes with Exide Technologies and Crown Battery in this market.
- ODYSSEY Batteries: Absorbed Glass Mat (AGM) batteries designed for automotive, powersports, and industrial applications. Competitors include Optima Batteries and Exide Technologies.
Market Dynamics
Industry Overview
The stored energy solutions industry is driven by increasing demand for reliable power in various sectors, including telecommunications, data centers, electric vehicles, and renewable energy storage. The industry is also influenced by technological advancements in battery technology and growing environmental concerns.
Positioning
Enersys is a leading player in the global stored energy solutions market, known for its diverse product portfolio, technological innovation, and strong customer relationships. It has a competitive advantage due to its global presence and broad product offerings.
Total Addressable Market (TAM)
The global battery market is estimated to be valued at around $120 billion in 2023 and is expected to reach $180 billion by 2030. Enersys is well-positioned to capture a significant share of this growing market.
Upturn SWOT Analysis
Strengths
- Global presence and extensive distribution network
- Diverse product portfolio catering to multiple end markets
- Strong brand reputation and customer relationships
- Technological innovation and R&D capabilities
- Vertical integration in battery manufacturing
Weaknesses
- Exposure to fluctuations in raw material prices (lead, lithium)
- Dependence on specific end markets (telecom, motive power)
- Potential for product recalls or warranty issues
- Vulnerability to currency exchange rate fluctuations
- High debt load.
Opportunities
- Growing demand for energy storage solutions in renewable energy sector
- Expansion into emerging markets with increasing electrification
- Development of advanced battery technologies (lithium-ion)
- Acquisition of smaller competitors to expand market share
- Increased government incentives for energy storage.
Threats
- Intense competition from established and emerging players
- Technological disruption from alternative energy storage solutions
- Regulatory changes and environmental regulations
- Economic downturn affecting end-market demand
- Geopolitical risks and supply chain disruptions.
Competitors and Market Share
Key Competitors
- EXC
- CEIX
- ALB
Competitive Landscape
Enersys has a broad product portfolio and global reach, giving it a competitive advantage over smaller, more specialized competitors. However, it faces intense competition from larger players with greater financial resources. Smaller competition specializes in only niche products.
Major Acquisitions
Alpha Technologies Group
- Year: 2018
- Acquisition Price (USD millions): 750
- Strategic Rationale: Expanded Enersys's power conversion and distribution capabilities.
Growth Trajectory and Initiatives
Historical Growth: Enersys has experienced moderate growth in revenue and earnings over the past several years, driven by both organic growth and acquisitions.
Future Projections: Analysts project continued growth in revenue and earnings for Enersys, driven by increasing demand for energy storage solutions in various end markets. Growth is estimated at 5-8% annually for the next 3 years
Recent Initiatives: Enersys has been investing in R&D to develop advanced battery technologies, expanding its manufacturing capacity, and pursuing strategic acquisitions to broaden its product portfolio and geographic reach.
Summary
Enersys is a strong player in the stored energy solutions market with a diverse product portfolio and global presence. The company benefits from increasing demand for reliable power and investments in renewable energy. Rising raw material costs and intense competition could pose challenges. Overall, Enersys has demonstrated a strong growth trajectory but must maintain a high degree of financial discipline to maintain its positive financial outlook.
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Sources and Disclaimers
Data Sources:
- Company Filings (10-K, 10-Q), Investor Presentations, Analyst Reports, Market Research Reports
Disclaimers:
This analysis is for informational purposes only and should not be considered financial advice. Investment decisions should be based on your own research and consultation with a financial advisor.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Enersys
Exchange NYSE | Headquaters Reading, PA, United States | ||
IPO Launch date 2004-08-02 | CEO & Director Mr. David M. Shaffer | ||
Sector Industrials | Industry Electrical Equipment & Parts | Full time employees 10797 | Website https://www.enersys.com |
Full time employees 10797 | Website https://www.enersys.com |
EnerSys engages in the provision of stored energy solutions for industrial applications worldwide. It operates in four segments: Energy Systems, Motive Power, Specialty, and New Ventures. The Energy Systems segment offers uninterruptible power systems (UPS) applications for computer and computer-controlled systems, as well as telecommunications systems; switchgear and electrical control systems used in industrial facilities and electric utilities, large-scale energy storage, and energy pipelines; integrated power solutions and services to broadband, telecom, data center, and renewable and industrial customers; and thermally managed cabinets and enclosures for electronic equipment and batteries. The Motive Power segment provides power solutions for electric industrial forklifts used in manufacturing, warehousing, and other material handling applications, as well as automated guided vehicles, mining equipment, and diesel locomotive starting and other rail equipment. The Specialty offers batteries for starting, lighting, and ignition applications in automotive and over-the-road trucks; and energy solutions for satellites, spacecraft, commercial aircraft, military land vehicles, aircraft, submarines, ships, and other tactical vehicles, as well as medical devices and equipment. The New Venture segment provides energy storage and management systems for demand charge reduction, utility back-up power, and dynamic fast charging for electric vehicles. The company also offers battery chargers, power equipment, battery accessories, and outdoor cabinet enclosures, as well as related after-market and customer-support services for industrial batteries. It sells its products through a network of distributors, independent representatives, and internal sales forces. The company was formerly known as Yuasa, Inc. and changed its name to EnerSys in January 2001. EnerSys was founded in 1991 and is headquartered in Reading, Pennsylvania.
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