ENS
EnerSys

EnerSysENS

Industrials · Electrical Equipment & Parts
147.02USD
+3.11%
Nov 08, 2026
ENS overview ready
Supplier of critical power and energy storage systems for AI data centers
EnerSys is a critical-power component and integrated-system supplier: it provides stationary lead-acid and lithium energy-storage systems, DC power equipment, chargers, controls, commissioning, and lifecycle service for uptime-sensitive infrastructure.
Theme not measured
Energy Storage has no leadership state this session.
Price trend is broken
Longer-term context reads trend under pressure, with a near-term setup of failed reclaim.
The tactical setup reads failed reclaim, but the weekly structure is broken.
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 capital spending cycles.
Market Nov 6Filing Jul 5Price action Nov 7Research Oct 2

Conviction Level

Theme Momentum has no canonical measurement for this company — a research-profile dimension, not an input to this score.

PriceAction5.4BusinessPerformance9.0BusinessQuality8.0Valuation7.5ThemeMomentum—Accelerating — Revenue growth has accelerated, rising from +1.3% to +4.8% year over year. Diluted EPS growth has strengthened to +112% year over year ($3.09), up from -17%. — Accelerating describes growth momentum measured in recent filed quarters. It is not proof that the acceleration will continue.

Conviction uses Price Action, Business Performance, Business Quality, Valuation. Theme Momentum is research context, not an input.

Theme momentumPrimary theme · group context, not entry timing
Energy Storage — Energy Storage has no leadership state this session
Its economic family, Power Infrastructure, reads Lagging (−12.0pp vs SPY) — the family’s reading, not this theme’s.
Price
Loading price history…

Price Action

Price trend is broken
Longer-term context reads trend under pressure, with a near-term setup of failed reclaim.
The tactical setup reads failed reclaim, but the weekly structure is broken.
EntryConstructive

Structure is constructive on both timeframes without excessive extension — a reasonable entry location.

Key Financials

Market Cap
$5.3B
Avg Volume (60D)
539.2K
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
+13.5%
Distance from 200DMA
-23.0%
Next Earnings
2026-11-11
P/E
15.0x
EV / EBITDA
9.5x
EV / Sales
1.5x
Market metrics as of Nov 6, 2026
Financial results for the period ended Jul 5, 2026
Filed balance-sheet data as of Jul 5, 2026

Business Performance

Accelerating

Revenue growth has accelerated, rising from +1.3% to +4.8% year over year. Diluted EPS growth has strengthened to +112% year over year ($3.09), up from -17%.

Latest reported: Q1 FY2027, ended Jul 5
Revenue growthAccelerating
+4.8%
$936M in Q1 FY2027 · YoY
YoY growth, last 4 quarters
  1. +7.7%
  2. +1.4%
  3. +1.3%
  4. +4.8%
Earnings growthAccelerating
+112%
Diluted EPS $3.09 vs $1.46 a year earlier · GAAP
Diluted EPS YoY (GAAP), last 4 quarters
  1. -10%
  2. -17%
  3. -15%
  4. +112%
Operating marginSwinging
16.2%
+6.5 pp YoY · gross margin 33.5% (+5.1 pp)

Business Quality

8.0 / 10

How well the business earns on its assets, converts earnings to cash and funds itself — read from its SEC filings.

Fundamentals & Valuation

Two of the three valuation perspectives say cheap; own history is the dissenting view.
EnerSys has a Cheap valuation stance because current market expectations look undemanding relative to the cash the business actually produces. It trades at a 13.5% free-cash-flow yield and 9.5x EBITDA, which the underlying economics comfortably support.

Company Research

Thesis
EnerSys is a critical-power component and integrated-system supplier: it provides stationary lead-acid and lithium energy-storage systems, DC power equipment, chargers, controls, commissioning, and lifecycle service for uptime-sensitive infrastructure.
Opportunity
Moderate opportunity
Hyperscaler and colocation capital spending on high-density AI data-center electrical and liquid-cooling infrastructure.
Key risk
Exposure to industrial and infrastructure capital spending cycles.

Economic classification

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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

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

Products & services
Stationary lead-acid and lithium energy-storage systems
DC power equipment
Chargers and controls
Commissioning and lifecycle services
Customers & end markets
Broadband and telecommunications providers
Data centers
Industrial utilities
Electric industrial forklift and material handling equipment operators
Class 8 truck transportation
Market position

EnerSys is a critical-power component and integrated-system supplier with a meaningful but developing presence in AI data-center power solutions.

Demand drivers
Medium cyclicality

Demand is influenced by industrial and infrastructure capital expenditures which can fluctuate with economic cycles.