Energizer Holdings (FRA:EGG) Interest Coverage: 2.20 (As of Mar. 2026) — 14% Below Median

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FRA:EGG Energizer Holdings Inc FRA:EGG
65 GF Score
Price €18.10
GF Value €28.57
Valuation Possible Value Trap
! 5 Warning Signs
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What is Energizer Holdings Interest Coverage?

Energizer Holdings FRA:EGG +2.26% 65 Interest Coverage is 2.20 as of Mar. 2026, which is 14% below its 10-year median of 2.56. GuruFocus rates FRA:EGG with a GF Score™ of 65/100 and a GF Value™ of €28.57 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 2,322 Industrial Products companies, Energizer Holdings ranks worse than 84.32% on this metric.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. Energizer Holdings's Operating Income for the three months ended in Mar. 2026 was €75 Mil. Energizer Holdings's Interest Expense for the three months ended in Mar. 2026 was €-34 Mil. Energizer Holdings's interest coverage for the quarter that ended in Mar. 2026 was 2.20. The higher the ratio, the stronger the company's financial strength is.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Energizer Holdings Inc interest coverage is 2.78, which is low.

The historical rank and industry rank for Energizer Holdings's Interest Coverage or its related term are showing as below:

FRA:EGG' s Interest Coverage Range Over the Past 10 Years
Min: 1.26   Med: 2.56   Max: 5.66
Current: 2.78


FRA:EGG's Interest Coverage is ranked worse than
84.32% of 2322 companies
in the Industrial Products industry
Industry Median: 14.835 vs FRA:EGG: 2.78

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Energizer Holdings  (FRA:EGG) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Energizer Holdings Interest Coverage Related Terms


Energizer Holdings Interest Coverage Historical Data

* Premium members only.

The historical data trend for Energizer Holdings's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Energizer Holdings Interest Coverage Chart

Energizer Holdings Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.57 2.54 2.37 2.21 2.96

Energizer Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Interest Coverage 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 2.09 5.26 2.74 0.93 2.20

FRA:EGG vs FCEL, ENVX, AMPX: Interest Coverage Comparison

For the Electrical Equipment & Parts subindustry, Energizer Holdings's Interest Coverage, along with its competitors' market caps and Interest Coverage 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 Interest Coverage vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Energizer Holdings's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Energizer Holdings's Interest Coverage falls into.


FRA:EGG
65GF Score
Energizer Holdings Inc FRA:EGG
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Energizer Holdings Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Energizer Holdings's Interest Coverage for the fiscal year that ended in Sep. 2025 is calculated as

Here, for the fiscal year that ended in Sep. 2025, Energizer Holdings's Interest Expense was €-131 Mil. Its Operating Income was €390 Mil. And its Long-Term Debt & Capital Lease Obligation was €2,976 Mil.

Interest Coverage=-1* Operating Income (A: Sep. 2025 )/Interest Expense (A: Sep. 2025 )
=-1*389.62/-131.464
=2.96

Energizer Holdings's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Energizer Holdings's Interest Expense was €-34 Mil. Its Operating Income was €75 Mil. And its Long-Term Debt & Capital Lease Obligation was €2,927 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*74.909/-33.994
=2.20

* 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.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 2.20 mean?
Energizer Holdings (FRA:EGG) has a Interest Coverage of 2.20 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Energizer Holdings and its competitors. This is 14% below median its historical median of 2.56. Over the past decade, Energizer Holdings' Interest Coverage has ranged from 1.26 to 5.66. According to the industry distribution chart, Energizer Holdings ranks #1958 out of 2322 companies in the Industrial Products industry, placing it in the top 84.3%.
Is Energizer Holdings' Interest Coverage too high?
Energizer Holdings' current Interest Coverage of 2.20 is 14% below median its 10-year median of 2.56. Over the past 10 years, this metric has ranged from a low of 1.26 to a high of 5.66. The Industrial Products industry median Interest Coverage is 14.84. Energizer Holdings' value of 2.20 is 85.2% below this industry median. Based on the distribution chart, Energizer Holdings ranks #1958 out of 2322 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Energizer Holdings has a GF Score™ of 65/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Energizer Holdings' Interest Coverage compare to FCEL and ENVX?
According to the Industrial Products industry distribution chart, Energizer Holdings ranks #1958 out of 2322 companies for Interest Coverage. This places Energizer Holdings in the lower half of its industry. The industry median Interest Coverage is 14.84. Energizer Holdings' value of 2.20 is 85.2% below this benchmark. Historically, Energizer Holdings' own Interest Coverage has ranged from 1.26 to 5.66 over the past decade. While the company's 10-year median is 2.56 vs. the industry median of 14.84, 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 Interest Coverage for an Industrial Products company?
The median Interest Coverage among Industrial Products companies is 14.84, based on 2,322 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Energizer Holdings's current Interest Coverage of 2.20 is 85.2% 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 Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Energizer Holdings and its competitors. For the Industrial Products industry, the median Interest Coverage is 14.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Energizer Holdings's current Interest Coverage is 2.20, which is 14% below median its own 10-year median of 2.56. 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 (FRA:EGG) is currently considered Possible Value Trap. The stock's GF Value™ is €28.57, compared to a current price of €18.10 — trading 36.6% below its estimated fair value. The current Interest Coverage is 2.20, which is 14% below median its 10-year median of 2.56 and 85.2% below the Industrial Products industry median of 14.84. Energizer Holdings' overall GF Score™ is 65/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Energizer Holdings (FRA:EGG), the current Interest Coverage is 2.20 as of Mar. 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 (FRA:EGG) Overvalued in 2026?

Based on GuruFocus' analysis, Energizer Holdings stock appears to be undervalued. The current stock price of €18.10 is trading 36.6% below its estimated GF Value™ of €28.57. GuruFocus considers Energizer Holdings to be Possible Value Trap.

Key valuation signals for FRA:EGG:

  • Interest Coverage: 2.20 (14% below median its 10-year median of 2.56)
  • GF Value™: €28.57 vs. price of €18.10 (36.6% below fair value)
  • GF Score™: 65/100 with 5 warning signs
  • Industry Position: 85.2% below the Industrial Products median (#1958 of 2322)

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


Energizer Holdings Business Description

Other Exchanges ENR:USAEGG: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.
65GF Score

Get the complete analysis for FRA:EGG

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

€18.10
Price
€28.57
GF Value