(GOLF) Acushnet Holdings - Overview
Sector: Consumer Cyclical | Industry: Leisure | Exchange: NYSE (USA) | Market Cap: 5.178m USD | Total Return: 31.6% in 12m
Avg Turnover: 29.5M
EPS Trend: 41.3%
Qual. Beats: 0
Rev. Trend: 93.1%
Qual. Beats: 3
Warnings
No concerns identified
Tailwinds
No distinct edge detected
Acushnet Holdings Corp. (GOLF) is a global leader in the design, manufacture, and distribution of performance-driven golf products. The company operates through three primary segments: Titleist Golf Equipment, FootJoy Golf Wear, and KJUS apparel. Its portfolio includes market-leading brands such as Titleist, known for high-performance golf balls and clubs, and FootJoy, a dominant provider of golf footwear and gloves.
The company utilizes a multi-channel distribution strategy, selling through on-course pro shops, specialty retailers, and direct-to-consumer digital platforms. As a major player in the Leisure Products sub-industry, Acushnet relies heavily on brand loyalty and technical innovation to maintain its competitive position. The golf equipment sector is characterized by high barriers to entry due to significant research and development requirements and established professional tour endorsements.
Investors can further analyze these competitive advantages and valuation metrics on ValueRay. Founded in 1910 and headquartered in Fairhaven, Massachusetts, Acushnet remains a subsidiary of Misto Holdings Corp. while maintaining a broad international presence across North America, Europe, and Asia.
- Titleist golf ball market share dominance drives recurring revenue stability
- Global round-of-golf participation rates dictate equipment replacement cycles
- Premium brand positioning protects margins against rising raw material costs
- South Korean market demand fluctuations impact high-margin soft goods revenue
- Foreign exchange volatility affects international earnings for global distribution segments
| Net Income: 170.6m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.03 > 0.02 and ΔFCF/TA -3.07 > 1.0 |
| NWC/Revenue: 32.33% < 20% (prev 26.53%; Δ 5.80% < -1%) |
| CFO/TA 0.07 > 3% & CFO 171.0m > Net Income 170.6m |
| Net Debt (1.10b) to EBITDA (433.4m): 2.54 < 3 |
| Current Ratio: 2.87 > 1.5 & < 3 |
| Outstanding Shares: last quarter (60.0m) vs 12m ago -2.40% < -2% |
| Gross Margin: 47.45% > 18% (prev 0.47%; Δ 4.70k% > 0.5%) |
| Asset Turnover: 104.3% > 50% (prev 102.1%; Δ 2.19% > 0%) |
| Interest Coverage Ratio: 5.86 > 6 (EBITDA TTM 433.4m / Interest Expense TTM 57.5m) |
| A: 0.32 (Total Current Assets 1.30b - Total Current Liabilities 452.0m) / Total Assets 2.60b |
| B: 0.08 (Retained Earnings 199.2m / Total Assets 2.60b) |
| C: 0.13 (EBIT TTM 337.4m / Avg Total Assets 2.50b) |
| D: 0.04 (Book Value of Equity 73.6m / Total Liabilities 1.77b) |
| Altman-Z'' = 3.33 = A |
| DSRI: 0.99 (Receivables 504.8m/477.3m, Revenue 2.61b/2.45b) |
| GMI: 0.99 (GM 47.45% / 46.76%) |
| AQI: 0.98 (AQ_t 0.36 / AQ_t-1 0.37) |
| SGI: 1.06 (Revenue 2.61b / 2.45b) |
| TATA: -0.00 (NI 170.6m - CFO 171.0m) / TA 2.60b) |
| Beneish M = -3.01 (Cap -4..+1) = AA |
As of May 30, 2026, the stock is trading at USD 88.78 with a total of 200,371 shares traded.
Over the past week, the price has changed by +0.46%,
over one month by -6.88%,
over three months by -13.01% and
over the past year by +31.63%.
Acushnet Holdings has received a consensus analysts rating of 3.13. Therefore, it is recommended to hold GOLF.
- StrongBuy: 1
- Buy: 0
- Hold: 6
- Sell: 1
- StrongSell: 0
| Analysts Target Price | 96 | 8.1% |
P/E Trailing = 31.0281
P/E Forward = 23.5849
P/S = 1.9852
P/B = 6.2754
P/EG = 3.6118
Revenue TTM = 2.61b USD
EBIT TTM = 337.4m USD
EBITDA TTM = 433.4m USD
Long Term Debt = 1.12b USD (from longTermDebt, last quarter)
Short Term Debt = 28.6m USD (from shortTermDebt, last quarter)
Debt = 1.15b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 1.10b USD (calculated: Debt 1.15b - CCE 51.7m)
Enterprise Value = 6.28b USD (5.18b + Debt 1.15b - CCE 51.7m)
Interest Coverage Ratio = 5.86 (Ebit TTM 337.4m / Interest Expense TTM 57.5m)
EV/FCF = 70.78x (Enterprise Value 6.28b / FCF TTM 88.7m)
FCF Yield = 1.41% (FCF TTM 88.7m / Enterprise Value 6.28b)
FCF Margin = 3.40% (FCF TTM 88.7m / Revenue TTM 2.61b)
Net Margin = 6.54% (Net Income TTM 170.6m / Revenue TTM 2.61b)
Gross Margin = 47.45% ((Revenue TTM 2.61b - Cost of Revenue TTM 1.37b) / Revenue TTM)
Gross Margin QoQ = 46.95% (prev 44.14%)
Tobins Q-Ratio = 2.41 (Enterprise Value 6.28b / Total Assets 2.60b)
Interest Expense / Debt = 5.00% (Interest Expense 57.5m / Debt 1.15b)
Taxrate = 22.90% (24.1m / 105.3m)
NOPAT = 260.1m (EBIT 337.4m * (1 - 22.90%))
Current Ratio = 2.87 (Total Current Assets 1.30b / Total Current Liabilities 452.0m)
Debt / Equity = 1.39 (Debt 1.15b / totalStockholderEquity, last quarter 825.1m)
Debt / EBITDA = 2.54 (Net Debt 1.10b / EBITDA 433.4m)
Debt / FCF = 12.40 (Net Debt 1.10b / FCF TTM 88.7m)
Total Stockholder Equity = 203b (last 4 quarters mean from totalStockholderEquity)
RoA = 6.82% (Net Income 170.6m / Total Assets 2.60b)
RoE = 0.08% (Net Income TTM 170.6m / Total Stockholder Equity 203b)
RoCE = 0.17% (EBIT 337.4m / Capital Employed (Equity 203b + L.T.Debt 1.12b))
RoIC = 12.21% (NOPAT 260.1m / Invested Capital 2.13b)
WACC = 7.51% (E(5.18b)/V(6.33b) * Re(8.32%) + D(1.15b)/V(6.33b) * Rd(5.00%) * (1-Tc(0.23)))
Discount Rate = 8.32% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -91.11 | Cagr: -3.38%
[DCF] Terminal Value 73.10% ; FCFF base≈115.5m ; Y1≈101.3m ; Y5≈81.8m
[DCF] Fair Price = 3.66 (EV 1.31b - Net Debt 1.10b = Equity 214.4m / Shares 58.6m; r=8.35% [WACC [floored]]; 5y FCF grow -15.0% → 2.50% )
EPS Correlation: 41.29 | EPS CAGR: 3.43% | SUE: -0.46 | # QB: 0
Revenue Correlation: 93.09 | Revenue CAGR: 3.11% | SUE: 1.78 | # QB: 3
EPS current Quarter (2026-06-30): EPS=1.67 | Chg30d=+6.19% | Revisions=+33% | Analysts=4
EPS next Quarter (2026-09-30): EPS=1.09 | Chg30d=-2.67% | Revisions=+0% | Analysts=4
EPS current Year (2026-12-31): EPS=3.96 | Chg30d=-2.24% | Revisions=-20% | GrowthEPS=+21.4% | GrowthRev=+4.5%
EPS next Year (2027-12-31): EPS=4.14 | Chg30d=-0.30% | Revisions=+0% | GrowthEPS=+4.4% | GrowthRev=+3.0%
[Analyst] Revisions Ratio: +33%