Is Energizer Holdings, Inc. overvalued or undervalued?

As of 4 August 2025, the valuation grade for Energizer Holdings, Inc. has moved from very expensive to very attractive, indicating a significant improvement in its valuation outlook. The company appears to be undervalued, with a P/E ratio of 6, a PEG ratio of 0.09, and an EV to EBITDA ratio of 8.44, all suggesting that the stock is trading at a discount compared to its earnings and growth potential.
In comparison to peers, e.l.f. Beauty, Inc. has a much higher P/E ratio of 80.01, while Reynolds Consumer Products, Inc. shows a P/E of 15.06, further emphasizing Energizer's attractive valuation. Despite its recent struggles, with a year-to-date return of -15.36% compared to the S&P 500's 12.22%, the company's strong dividend yield of 492.11% and high ROE of 202.23% suggest potential for recovery and value creation in the long term.