Callaway Golf Company (CALY) vs Acushnet (GOLF)

Callaway Golf Company and Acushnet are both Leisure companies. Acushnet is the larger, with a market value of $4.8B against $2.6B — 1.9× the size. Acushnet trades at the lower P/E: 22.6× against 29.5×. Callaway Golf Company grew revenue faster over the last twelve months: 111.8% against 8.77%. Acushnet has the higher net margin (8.12% vs −12.4%) and the higher return on invested capital (12.8% vs 6.58%). Across the 22 metrics below, Callaway Golf Company leads on 11 and Acushnet on 11.

Valuation

Metric CALY GOLF Leisure median
P/E 29.47 22.56 17.42
P/S 1.22 1.83 1.02
P/B 1.20 5.36 2.13
Price to free cash flow 7.66 31.30 11.49
EV/EBITDA 9.40 13.75 9.97
EV/Sales 1.11 2.16 2.00
Earnings yield 3.39% 4.43% 2.85%
Free cash flow yield 13.05% 3.20% 3.64%

Profitability

Metric CALY GOLF Leisure median
Gross margin 44.79% 49.15% 48.02%
Operating margin 9.56% 13.73% 3.08%
Net margin (12.37%) 8.12% 2.58%
Free cash flow margin 15.90% 6.79% 2.13%
Return on equity (11.33%) 25.36% 0.00%
Return on assets (5.07%) 8.84% 0.05%
Return on invested capital 6.58% 12.79% 3.95%

Growth

Metric CALY GOLF Leisure median
Revenue growth (TTM) 111.77% 8.77% 3.28%
EPS growth (last fiscal year) 102.66% (7.72%) —
Revenue growth, 5-year CAGR 5.32% 9.68% 4.22%
Net income growth, 5-year CAGR 0.00% 14.45% 0.00%

Health

Metric CALY GOLF Leisure median
Debt to equity 0.02 1.04 0.02
Current ratio 3.04 2.55 1.76
Net debt to EBITDA 3.09 2.50 1.85

Dividend

Metric CALY GOLF Leisure median
Dividend yield — 1.18% 2.86%
Payout ratio 0.00 0.23 0.00

Size

Metric CALY GOLF Leisure median
Market cap 2.58b 4.81b 293.27m

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack