ENERSYS vs SPECTRUM BRANDS HOLDINGS, INC., two Electrical Equipment stocks. A side-by-side on valuation, growth, margins, returns, and what each price is betting.
EnerSys, the industrial-battery maker, earns 15.38% on equity at a 7.83% net margin, more than double Spectrum Brands' 6.63% return on equity. Spectrum, which sells home and pet products, wins on cash, converting 14.22% of its price into free cash flow against EnerSys' 5.62%. The market pays 4.36 times book for EnerSys and only 1.07 for Spectrum, near its asset value, so buyers reward the higher returns with a much richer multiple. Spectrum pays a bigger dividend, 2.15% against 0.47%, and carries lighter debt, 0.31 to equity versus 0.58. EnerSys at $8.3B is four times the size of Spectrum at $2.0B.
Comparison updated 2026-07-11.
| Metric | ENS | SPB |
|---|---|---|
| Price | $205.64 | $83.18 |
| Market cap | $7.7B | $1.9B |
| Sector | Electrical Equipment | Electrical Equipment |
| Stage | Mature | Mature |
| Implied growth (priced in) | +20.0% | — |
| P/E | 26.7 | 16.2 |
| P/B | 4.06 | 1.02 |
| P/S | 2.06 | 0.69 |
| EV/EBITDA | 17.7 | 10.4 |
| Revenue growth | +3.8% | -3.5% |
| Gross margin | 29.4% | 38.1% |
| Operating margin | 12.5% | 6.1% |
| Net margin | 7.8% | 4.5% |
| Return on equity | 15.4% | 6.6% |
| Return on assets | 7.3% | 3.6% |
| Return on invested capital | 11.0% | 3.2% |
| FCF yield | 6.0% | 15.0% |
| Dividend yield | 0.5% | 2.3% |
| Debt / equity | 0.58 | 0.31 |
| Current ratio | 2.66 | 2.29 |
| Altman Z (solvency) | 4.62 | 2.75 |
| Piotroski F (quality) | 7 / 9 | 6 / 9 |
Each week boothcheck ranks the stocks whose prices are betting on the most. Read the most stretched bets archive →
boothcheck is also on Android. Get the app on Google Play →
The stronger value is highlighted per metric where one is strictly better on that single number; it is not an overall verdict on either company. For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.