ENR (Energizer Holdings) EV-to-EBIT: 11.92 (As of Jul. 28, 2026) — 30% Below 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
64 GF Score
Price $21.04
GF Value $31.70
Valuation Possible Value Trap
! 5 Warning Signs
View Full Analysis

What is Energizer Holdings EV-to-EBIT?

Energizer Holdings ENR +0.38% 64 EV-to-EBIT is 11.92 as of Jul. 28, 2026, which is 30% below its 10-year median of 16.98. GuruFocus rates ENR with a GF Score™ of 64/100 and a GF Value™ of $31.70 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 2,373 Industrial Products companies, Energizer Holdings ranks better than 70.71% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Energizer Holdings's Enterprise Value is $4,675 Mil. Energizer Holdings's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $392 Mil. Therefore, Energizer Holdings's EV-to-EBIT for today is 11.92.

The historical rank and industry rank for Energizer Holdings's EV-to-EBIT or its related term are showing as below:

ENR' s EV-to-EBIT Range Over the Past 10 Years
Min: -45.46   Med: 16.98   Max: 31.17
Current: 11.92

During the past 13 years, the highest EV-to-EBIT of Energizer Holdings was 31.17. The lowest was -45.46. And the median was 16.98.

ENR's EV-to-EBIT is ranked better than
70.71% of 2373 companies
in the Industrial Products industry
Industry Median: 19.05 vs ENR: 11.92

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Energizer Holdings's Enterprise Value for the quarter that ended in Mar. 2026 was $4,358 Mil. Energizer Holdings's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $392 Mil. Energizer Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 9.00%.


Energizer Holdings  (NYSE:ENR) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Energizer Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Mar. 2026 ) =EBIT / Enterprise Value (Q: Mar. 2026 )
=392.2/4358.42666
=9.00 %

Energizer Holdings's Enterprise Value for the quarter that ended in Mar. 2026 was $4,358 Mil.
Energizer Holdings's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $392 Mil.

* 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 EV-to-EBIT Related Terms


Energizer Holdings EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Energizer Holdings's EV-to-EBIT 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 EV-to-EBIT Chart

Energizer Holdings Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.81 -35.41 16.03 25.64 11.39

Energizer Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EV-to-EBIT 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 24.01 10.62 11.39 11.27 11.11

ENR vs TE, PLPC, AMPX: EV-to-EBIT Comparison

For the Electrical Equipment & Parts subindustry, Energizer Holdings's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 EV-to-EBIT vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Energizer Holdings's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Energizer Holdings's EV-to-EBIT falls into.


ENR
64GF Score
Energizer Holdings Inc ENR
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Energizer Holdings EV-to-EBIT Calculation

Energizer Holdings's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=4674.778/392.2
=11.92

Energizer Holdings's current Enterprise Value is $4,675 Mil.
Energizer Holdings's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $392 Mil.

* 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.

Frequently Asked Questions Learn more about EV-to-EBIT →
What does a EV-to-EBIT of 11.92 mean?
Energizer Holdings (ENR) has a EV-to-EBIT of 11.92 as of Jul. 28, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Energizer Holdings and its competitors. This is 30% below median its historical median of 16.98. According to the industry distribution chart, Energizer Holdings ranks #695 out of 2373 companies in the Industrial Products industry, placing it in the top 29.3%.
Is Energizer Holdings' EV-to-EBIT too high?
Energizer Holdings' current EV-to-EBIT of 11.92 is 30% below median its 10-year median of 16.98. The Industrial Products industry median EV-to-EBIT is 19.05. Energizer Holdings' value of 11.92 is 37.4% below this industry median. Based on the distribution chart, Energizer Holdings ranks #695 out of 2373 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Energizer Holdings has a GF Score™ of 64/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Energizer Holdings' EV-to-EBIT compare to TE and PLPC?
According to the Industrial Products industry distribution chart, Energizer Holdings ranks #695 out of 2373 companies for EV-to-EBIT. This puts Energizer Holdings in the upper half of its industry. The industry median EV-to-EBIT is 19.05. Energizer Holdings' value of 11.92 is 37.4% below this benchmark. While the company's 10-year median is 16.98 vs. the industry median of 19.05, Energizer Holdings has consistently been below 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 EV-to-EBIT for an Industrial Products company?
The median EV-to-EBIT among Industrial Products companies is 19.05, based on 2,373 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Energizer Holdings's current EV-to-EBIT of 11.92 is 37.4% below 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 EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Energizer Holdings and its competitors. For the Industrial Products industry, the median EV-to-EBIT is 19.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Energizer Holdings's current EV-to-EBIT is 11.92, which is 30% below median its own 10-year median of 16.98. 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 Possible Value Trap. The stock's GF Value™ is $31.70, compared to a current price of $21.04 — trading 33.6% below its estimated fair value. The current EV-to-EBIT is 11.92, which is 30% below median its 10-year median of 16.98 and 37.4% below the Industrial Products industry median of 19.05. Energizer Holdings' overall GF Score™ is 64/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Energizer Holdings (ENR), the current EV-to-EBIT is 11.92 as of Jul. 28, 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 $21.04 is trading 33.6% below its estimated GF Value™ of $31.70. GuruFocus considers Energizer Holdings to be Possible Value Trap.

Key valuation signals for ENR:

  • EV-to-EBIT: 11.92 (30% below median its 10-year median of 16.98)
  • GF Value™: $31.70 vs. price of $21.04 (33.6% below fair value)
  • GF Score™: 64/100 with 5 warning signs
  • Industry Position: 37.4% below the Industrial Products median (#695 of 2373)

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.
64GF Score

Get the complete analysis for ENR

EV-to-EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$21.04
Price
$31.70
GF Value