ENR (Energizer Holdings) Earnings Yield (Joel Greenblatt) %: 5.89% (As of Jun. 2026) — 11% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ENR Energizer Holdings Inc ENR
60 GF Score
Price $22.57
GF Value $31.05
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is Energizer Holdings Earnings Yield (Joel Greenblatt) %?

Energizer Holdings ENR +4.78% 60 Earnings Yield (Joel Greenblatt) % is 5.89% as of Jun. 2026, which is 11% above its 10-year median of 5.31. GuruFocus rates ENR with a GF Score™ of 60/100 and a GF Value™ of $31.05 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 3,089 Industrial Products companies, Energizer Holdings ranks better than 66.56% on this metric.

Energizer Holdings's Enterprise Value for the quarter that ended in Jun. 2026 was $4,741 Mil. Energizer Holdings's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was $279 Mil. Energizer Holdings's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2026 was 5.89%.

The historical rank and industry rank for Energizer Holdings's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:

ENR' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -2.83   Med: 5.31   Max: 9.86
Current: 5.8

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Energizer Holdings was 9.86%. The lowest was -2.83%. And the median was 5.31%.

ENR's Earnings Yield (Joel Greenblatt) % is ranked better than
66.56% of 3089 companies
in the Industrial Products industry
Industry Median: 3.35 vs ENR: 5.80

Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.

A better indicator of the attractiveness of an investment which takes growth into account is the Forward Rate of Return (Yacktman) %. Energizer Holdings's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 2026 was 0.00%. The Forward Rate of Return uses the normalized Free Cash Flow of the past five years, and considers growth. The forward rate of return can be thought of as the return that investors buying the stock today can expect from it in the future.


Energizer Holdings  (NYSE:ENR) Earnings Yield (Joel Greenblatt) % Explanation

Joel Greenblatt defines the earnings yield using the above equation because it more accurately reflects the company's profitability relative to its stock price. Items like interest payment and tax etc. are not directly related to the company's operational profitability.

Enterprise Value instead of market cap (share price) is used in the calculation because it is the real price stock and bond investors together pay for the company.


Be Aware

Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.

Forward Rate of Return (Yacktman) % based on Don Yacktman's definition is a better measure of the expected rate of return for a stock.


Energizer Holdings Earnings Yield (Joel Greenblatt) % Related Terms


Energizer Holdings Earnings Yield (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Energizer Holdings's Earnings Yield (Joel Greenblatt) % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Energizer Holdings Earnings Yield (Joel Greenblatt) % Chart

Energizer Holdings Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.32 -2.82 6.24 3.90 8.78

Energizer Holdings Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Earnings Yield (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.42 8.78 8.87 9.00 5.89

ENR vs TE, PLPC, AMPX: Earnings Yield (Joel Greenblatt) % Comparison

For the Electrical Equipment & Parts subindustry, Energizer Holdings's Earnings Yield (Joel Greenblatt) %, along with its competitors' market caps and Earnings Yield (Joel Greenblatt) % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Energizer Holdings Earnings Yield (Joel Greenblatt) % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Energizer Holdings's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Energizer Holdings's Earnings Yield (Joel Greenblatt) % falls into.


ENR
60GF Score
Energizer Holdings Inc ENR
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Energizer Holdings Earnings Yield (Joel Greenblatt) % Calculation

In his book, The Little That Beat the Market, hedge fund manager Joel Greenblatt defines Earnings Yield as operating income divided by enterprise value.

Energizer Holdingss Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Sep. 2025 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=438.4/4994.2469
=8.78 %

Energizer Holdings's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $279 Mil.


What does a Earnings Yield (Joel Greenblatt) % of 5.89% mean?
Energizer Holdings (ENR) has a Earnings Yield (Joel Greenblatt) % of 5.89% as of Jun. 2026. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Energizer Holdings and its competitors. This is 11% above median its historical median of 5.31. According to the industry distribution chart, Energizer Holdings ranks #1033 out of 3089 companies in the Industrial Products industry, placing it in the top 33.4%.
Is Energizer Holdings' Earnings Yield (Joel Greenblatt) % too high?
Energizer Holdings' current Earnings Yield (Joel Greenblatt) % of 5.89% is 11% above median its 10-year median of 5.31. The Industrial Products industry median Earnings Yield (Joel Greenblatt) % is 3.35. Energizer Holdings' value of 5.89% is 75.8% above this industry median. Based on the distribution chart, Energizer Holdings ranks #1033 out of 3089 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Energizer Holdings has a GF Score™ of 60/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Energizer Holdings' Earnings Yield (Joel Greenblatt) % compare to TE and PLPC?
According to the Industrial Products industry distribution chart, Energizer Holdings ranks #1033 out of 3089 companies for Earnings Yield (Joel Greenblatt) %. This puts Energizer Holdings in the upper half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 3.35. Energizer Holdings' value of 5.89% is 75.8% above this benchmark. While the company's 10-year median is 5.31 vs. the industry median of 3.35, Energizer Holdings has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Earnings Yield (Joel Greenblatt) % for an Industrial Products company?
The median Earnings Yield (Joel Greenblatt) % among Industrial Products companies is 3.35, based on 3,089 companies in the industry. Companies in the top quartile (top 25%) have a Earnings Yield (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, Earnings Yield (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Energizer Holdings's current Earnings Yield (Joel Greenblatt) % of 5.89% is 75.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Earnings Yield (Joel Greenblatt) % mean?
A high Earnings Yield (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Energizer Holdings and its competitors. For the Industrial Products industry, the median Earnings Yield (Joel Greenblatt) % is 3.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Energizer Holdings's current Earnings Yield (Joel Greenblatt) % is 5.89%, which is 11% above median its own 10-year median of 5.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Energizer Holdings stock overvalued right now?
Based on GuruFocus' analysis, Energizer Holdings (ENR) is currently considered Modestly Undervalued. The stock's GF Value™ is $31.05, compared to a current price of $22.57 — trading 27.3% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 5.89%, which is 11% above median its 10-year median of 5.31 and 75.8% above the Industrial Products industry median of 3.35. Energizer Holdings' overall GF Score™ is 60/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Earnings Yield (Joel Greenblatt) % calculated?
Earnings Yield (Joel Greenblatt) % is calculated from a company's financial statements. For Energizer Holdings (ENR), the current Earnings Yield (Joel Greenblatt) % is 5.89% as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Energizer Holdings (ENR) Overvalued in 2026?

Based on GuruFocus' analysis, Energizer Holdings stock appears to be undervalued. The current stock price of $22.57 is trading 27.3% below its estimated GF Value™ of $31.05. GuruFocus considers Energizer Holdings to be Modestly Undervalued.

Key valuation signals for ENR:

  • Earnings Yield (Joel Greenblatt) %: 5.89% (11% above median its 10-year median of 5.31)
  • GF Value™: $31.05 vs. price of $22.57 (27.3% below fair value)
  • GF Score™: 60/100 with 5 warning signs
  • Industry Position: 75.8% above the Industrial Products median (#1033 of 3089)

No single metric tells the full story. See the ENR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Energizer Holdings Business Description

Other Exchanges EGG:Germany
Address 8235 Forsyth Boulevard, Suite 100, Saint Louis, MO, USA, 63105
Energizer Holdings Inc. manufactures and distributes household batteries, specialty batteries, and lighting products. The company offers batteries using lithium, alkaline, carbon zinc, nickel metal hydride, zinc air, and silver oxide technologies, sold under the Energizer, Rayovac, Varta, and Eveready brands across performance and premium price segments. It also provides auto care products in the appearance, fragrance, performance, and air conditioning recharge categories. Energizer operates through two geographical segments, the United States and International, with the majority of its revenue generated in the United States. It has two product segments: Batteries and Lights and Auto Care, with the Batteries and Lights segment contributing the majority of its revenue.
60GF Score

Get the complete analysis for ENR

Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$22.57
Price
$31.05
GF Value