Discounted Cash Flow
Enersys
—
Sales growth has weakened: 10.5% (2023) → -3.4% (2024) → 1.0% (2025) → 3.7% (2026). Revenue growth has been decelerating or declining in recent years and is now 3.7% — a slowing company may not sustain the growth the DCF projects, so the valuation could be overstated.
Average annual growth rates
| Metric | 10-Year | 5-Year | 3-Year |
|---|---|---|---|
| Sales | — | — | — |
| Free Cash Flow | — | — | — |
| Average (FCF & NI) | — | — | — |
| Net Income | — | — | — |
| Dividends | — | — | — |
Endpoint CAGR (better for long term trend)
| Metric | 10-Year | 5-Year | 3-Year |
|---|---|---|---|
| Sales | — | — | — |
| Free Cash Flow | — | — | — |
| Average (FCF & NI) | — | — | — |
| Net Income | — | — | — |
Projected growth rate
—
Historical inputs (10 fiscal years)
| YEAR | Sales | Net Income | Free Cash Flow | Net Margin | EPS (diluted) |
|---|---|---|---|---|---|
| 2017 | $2.7b | $186.1m | $227.6m | 6.8% | $3.69 |
| 2018 | $3.0b (9.1%) | $138.9m (-25.4%) | $164.0m (-27.9%) | 4.6% (-31.6%) | $2.81 (-23.8%) |
| 2019 | $216.7m (-92.8%) | $186.1m (34.0%) | $148.1m (-9.7%) | 85.9% (1754.3%) | $3.79 (34.9%) |
| 2020 | $251.1m (15.8%) | $159.3m (-14.4%) | $176.5m (19.2%) | 63.4% (-26.1%) | $3.23 (-14.8%) |
| 2021 | $3.5b (1277.9%) | $166.5m (4.6%) | $335.0m (89.7%) | 4.8% (-92.4%) | $3.37 (4.3%) |
| 2022 | $3.9b (12.7%) | $167.2m (0.4%) | $-162.2m (-148.4%) | 4.3% (-10.9%) | $3.42 (1.5%) |
| 2023 | $4.3b (10.5%) | $204.2m (22.2%) | $222.1m (236.9%) | 4.7% (10.5%) | $4.31 (26.0%) |
| 2024 | $4.2b (-3.4%) | $312.6m (53.1%) | $430.5m (93.9%) | 7.5% (58.5%) | $6.62 (53.6%) |
| 2025 | $4.2b (1.0%) | $422.5m (35.2%) | $161.8m (-62.4%) | 10.1% (33.8%) | $9.15 (38.2%) |
| 2026 | $4.4b (3.7%) | $341.0m (-19.3%) | $543.1m (235.7%) | 7.8% (-22.2%) | $7.84 (-14.3%) |
Base FCF: — (latest fiscal year)
Discount rate: % —
Terminal growth: —
Projection period: — years
Alt A decline yrs:
Alt B total yrs:
SEC filings report in EUR. Values above are converted to USD for comparison with the US-listed share price.
Projected cash flows
| Year | Projected cash flow | Discount Factor | Present Value |
|---|
PV of projected FCF: —
Terminal FCF: —
Terminal value: —
PV of terminal value: —
Enterprise value (DCF): —
Net debt deduction: —
Current price: —
—Alternative DCF Models
| Model | Fair Value | Upside | PV(FCFs) | PV(Terminal) | Total Years |
|---|---|---|---|---|---|
| Standard (10yr→TV) | — | — | — | — | 10 + TV |
| Alt A (Gradual Decline) | — | — | — | — | — |
| Alt B (30yr Hard Stop) | — | — | — | N/A | — |
This is a simplified DCF model for illustration. It uses reported free cash flow, a single growth assumption, fixed WACC, and a Gordon Growth terminal value. It is not investment advice.