Energizer Holdings, Inc. logo ENR - Energizer Holdings, Inc.

Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY
0
BUY 9
HOLD 15
SELL 0
STRONG
SELL
0
| PRICE TARGET: $20.00 DETAILS
HIGH: $23.00
LOW: $18.00
MEDIAN: $19.50
CONSENSUS: $20.00
DOWNSIDE: 5.79%
AlphaVal

AlphaVal

Deterministic, archetype-aware fair value

Platform & Compounding FCF 50% confidence

Primary model: Two-stage FCF DCF

Valuation Signal Undervalued Moderate
Trading 31.8% below fair value
Current Price $21.23
Bear Case $31.15 46.7% upside ($31.15 - $21.23) / $21.23 = 46.7% 3% stage 1 growth, 11% discount
Fair Value $31.15 46.7% upside ($31.15 - $21.23) / $21.23 = 46.7% 3% stage 1 growth, 11% discount
Bull Case $36.50 71.9% upside ($36.50 - $21.23) / $21.23 = 71.9% 4% stage 1 growth, 11% discount

Adjust Assumptions

3.0%
11.0%
3.0%

Key Value Driver

FCF growth rate (3% base case)

Terminal Value % of EV 33%
Implied Market Multiple 11.3x
Market is pricing in (growth) 1.1% vs our 3.0% base

Plain-Language Summary

Using a two-stage FCF DCF with 3% growth decelerating over 15 years, discounted at 11%, the base-case intrinsic value is $31.15 per share.

Analyst Consensus (External Reference)

Never blended into the bear/base/bull estimates above -- shown only as an outside comparison.

Average Target (24 analysts) $20.00
Analyst Range $18.00 – $23.00
Divergence from AlphaVal 56%

Warnings

Wall Street's average price target is $20.00 (from 24 analysts). Our estimate is 56% above the consensus -- consider that gap carefully.

Key Risks

  • P/E alone misleads — earnings depressed by growth investment
  • Cyclical or commodity businesses may be misclassified as platforms
  • Terminal value dominance suggests sensitivity to long-run assumptions