ENS
EnerSys

EnerSysENS

Industrials · Electrical Equipment & Parts
179.76USD
+0.66%
Sep 23, 2026
ENS overview ready
Critical-Power Energy Storage Supplier Supporting AI Data Center UPS Infrastructure
EnerSys supplies critical-power energy-storage systems and related power equipment for data-center UPS and infrastructure applications, while retaining substantial exposure to communications, industrial mobility, transportation, and defense markets.
Strong narrative exposure
Exposed to the AI Compute Infrastructure Buildout narrative through Data Center Backup Power and Energy Storage — component supplier.
No clear price read
Longer-term context reads near trend floor, with a near-term setup of distribution pressure.
Attractive valuation
Current market expectations look undemanding relative to the cash the business actually produces.
Solid fundamentals
Free cash flow yield is strong.
Primary risk
Exposure to industrial and infrastructure investment cycles.
Market Sep 22Filing Jul 5Price action Sep 22Research Sep 1

Conviction Level

NarrativeHeat9.5ThemeHeat9.3PriceAction5.4Valuation7.4CompanyPosition7.3
Price
Loading price history…

Price Action

No clear price read
Longer-term context reads near trend floor, with a near-term setup of distribution pressure.
EntryConstructive

Structure is constructive, but price remains well extended from the long-term weekly base and the earlier reset has already been partly recovered — a workable rather than ideal entry location.

Key Financials

Market Cap
$6.5B
Avg Volume (60D)
542.9K
60 sessions
Revenue Growth YoY
+3.7%
FY2026 vs FY2025
Gross Margin
+30.5%
Trailing twelve months
Operating Margin
+13.0%
Trailing twelve months
Free Cash Flow Yield
+11.1%
Distance from 200DMA
-4.2%
Next Earnings
2026-11-04
P/E
18.4x
EV / EBITDA
11.4x
EV / Sales
1.8x
Market metrics as of Sep 22, 2026
Financial results for the period ended Jul 5, 2026
Filed balance-sheet data as of Jul 5, 2026

Fundamentals & Valuation

Both valuation perspectives agree this company is cheap.
EnerSys has a Cheap valuation stance because current market expectations look undemanding relative to the cash the business actually produces. It trades at a 11.1% free-cash-flow yield and 11.4x EBITDA, which the underlying economics comfortably support.

Company Research

Thesis
EnerSys supplies critical-power energy-storage systems and related power equipment for data-center UPS and infrastructure applications, while retaining substantial exposure to communications, industrial mobility, transportation, and defense markets.
Opportunity
Moderate opportunity
AI-driven data-center densification increases the need for high-availability UPS energy storage, rapid-response battery systems, and integrated critical-power equipment that protects compute loads during grid disturbances and transfer events.
Key risk
Exposure to industrial and infrastructure investment cycles.

Narrative & Theme

AI Compute Infrastructure Buildout
Part of Data Center Backup Power and Energy Storage, with moderate fit.
ENS is a genuine but non-pure-play beneficiary of AI data-center construction: its infrastructure business supplies power conversion, distribution, energy storage, enclosures, and UPS-related systems to data centers.
Narrative HeatHot9.5 / 10
Theme HeatHot9.3 / 10
This reading is no longer current (last measured 2026-07-22). It is kept until the next scheduled measurement replaces it.

Business & Markets

Industrials · Electrical Equipment & Parts
What they do

EnerSys provides stored energy solutions globally for industrial applications through three segments: Network & Infrastructure Solutions, Industrial Mobility Solutions, and Precision Power Solutions.

How it earns

The company generates revenue primarily through transactional sales of energy storage products and related services.

Products & services
Stored energy solutions
Power solutions for broadband and telecommunications
Power for electric industrial forklifts and material handling equipment
Customers & end markets
Broadband and telecommunications providers
Data centers
Industrial utility customers
Material handling and transportation sectors
Market position

EnerSys is a leader in industrial stored energy solutions with a diversified product portfolio serving multiple end markets.

Demand drivers
Medium cyclicality

Demand is influenced by industrial activity and infrastructure investment cycles but supported by critical infrastructure needs.