(GOLF) Acushnet Holdings - Overview
Stock: Clubs, Shoes, Apparel, Balls, Gloves
EPS (Earnings per Share)
Revenue
Dividends
| Dividend Yield | 1.58% |
| Yield on Cost 5y | 3.05% |
| Yield CAGR 5y | 15.88% |
| Payout Consistency | 100.0% |
| Payout Ratio | 27.9% |
| Risk 5d forecast | |
|---|---|
| Volatility | 29.6% |
| Relative Tail Risk | -9.82% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 1.25 |
| Alpha | 33.92 |
| Character TTM | |
|---|---|
| Beta | 0.939 |
| Beta Downside | 0.682 |
| Drawdowns 3y | |
|---|---|
| Max DD | 25.49% |
| CAGR/Max DD | 1.06 |
Description: GOLF Acushnet Holdings January 09, 2026
Acushnet Holdings Corp. (NYSE:GOLF) designs, develops, manufactures, and distributes premium golf products across North America, Europe, the Middle East, Africa, Japan, Korea, and other international markets. The firm operates through three primary segments: Titleist Golf Equipment, FootJoy Golf Wear, and a broader Golf Wear line, offering clubs, bags, gloves, shoes, apparel, and luxury leather goods under brands such as Titleist, Vokey Design, Scotty Cameron, FootJoy, Club Glove, Links & Kings, and KJUS.
In FY 2023 the company reported revenue of roughly $1.6 billion, with an operating margin near 10 %, reflecting the pricing power of its high-end product mix. Growth is driven by two sector fundamentals: (1) a post-pandemic rebound in discretionary spending on premium sports equipment, and (2) a modest but steady rise in global golf participation-U.S. Golf Participation Report 2024 shows a 2.5 % YoY increase in rounds played, supporting demand for replacement gear.
Acushnet sells primarily through on-course pro shops, specialty golf retailers, and a growing e-commerce channel, leveraging its strong brand equity to command premium pricing. The business remains exposed to macro-economic headwinds such as consumer confidence fluctuations and supply-chain constraints on aluminum and titanium alloys used in club heads.
For a deeper, data-driven valuation framework, you may find ValueRay’s model on GOLF worth a quick look.
Piotroski VR‑10 (Strict, 0-10) 6.5
| Net Income: 222.3m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.05 > 0.02 and ΔFCF/TA -6.09 > 1.0 |
| NWC/Revenue: 25.86% < 20% (prev 23.50%; Δ 2.36% < -1%) |
| CFO/TA 0.08 > 3% & CFO 193.6m > Net Income 222.3m |
| Net Debt (812.2m) to EBITDA (386.7m): 2.10 < 3 |
| Current Ratio: 2.42 > 1.5 & < 3 |
| Outstanding Shares: last quarter (60.7m) vs 12m ago -3.99% < -2% |
| Gross Margin: 43.98% > 18% (prev 0.52%; Δ 4346 % > 0.5%) |
| Asset Turnover: 109.0% > 50% (prev 106.3%; Δ 2.72% > 0%) |
| Interest Coverage Ratio: 5.91 > 6 (EBITDA TTM 386.7m / Interest Expense TTM 55.9m) |
Altman Z'' 3.13
| A: 0.28 (Total Current Assets 1.11b - Total Current Liabilities 461.0m) / Total Assets 2.35b |
| B: 0.09 (Retained Earnings 208.5m / Total Assets 2.35b) |
| C: 0.14 (EBIT TTM 330.4m / Avg Total Assets 2.32b) |
| D: 0.06 (Book Value of Equity 88.9m / Total Liabilities 1.50b) |
| Altman-Z'' Score: 3.13 = A |
Beneish M -2.87
| DSRI: 0.95 (Receivables 362.9m/367.5m, Revenue 2.53b/2.42b) |
| GMI: 1.18 (GM 43.98% / 52.01%) |
| AQI: 0.98 (AQ_t 0.38 / AQ_t-1 0.39) |
| SGI: 1.04 (Revenue 2.53b / 2.42b) |
| TATA: 0.01 (NI 222.3m - CFO 193.6m) / TA 2.35b) |
| Beneish M-Score: -2.87 (Cap -4..+1) = A |
What is the price of GOLF shares?
Over the past week, the price has changed by +2.76%, over one month by +18.38%, over three months by +24.01% and over the past year by +48.46%.
Is GOLF a buy, sell or hold?
- StrongBuy: 1
- Buy: 0
- Hold: 6
- Sell: 1
- StrongSell: 0
What are the forecasts/targets for the GOLF price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 87.1 | -10.1% |
| Analysts Target Price | 87.1 | -10.1% |
| ValueRay Target Price | 125.3 | 29.3% |
GOLF Fundamental Data Overview January 27, 2026
P/E Forward = 27.5482
P/S = 2.1903
P/B = 6.4933
P/EG = 3.66
Revenue TTM = 2.53b USD
EBIT TTM = 330.4m USD
EBITDA TTM = 386.7m USD
Long Term Debt = 878.3m USD (from longTermDebt, last quarter)
Short Term Debt = 23.4m USD (from shortTermDebt, last quarter)
Debt = 901.7m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 812.2m USD (from netDebt column, last quarter)
Enterprise Value = 6.35b USD (5.53b + Debt 901.7m - CCE 89.5m)
Interest Coverage Ratio = 5.91 (Ebit TTM 330.4m / Interest Expense TTM 55.9m)
EV/FCF = 57.62x (Enterprise Value 6.35b / FCF TTM 110.1m)
FCF Yield = 1.74% (FCF TTM 110.1m / Enterprise Value 6.35b)
FCF Margin = 4.36% (FCF TTM 110.1m / Revenue TTM 2.53b)
Net Margin = 8.80% (Net Income TTM 222.3m / Revenue TTM 2.53b)
Gross Margin = 43.98% ((Revenue TTM 2.53b - Cost of Revenue TTM 1.42b) / Revenue TTM)
Gross Margin QoQ = 48.52% (prev 49.18%)
Tobins Q-Ratio = 2.70 (Enterprise Value 6.35b / Total Assets 2.35b)
Interest Expense / Debt = 1.61% (Interest Expense 14.5m / Debt 901.7m)
Taxrate = 37.34% (28.6m / 76.7m)
NOPAT = 207.0m (EBIT 330.4m * (1 - 37.34%))
Current Ratio = 2.42 (Total Current Assets 1.11b / Total Current Liabilities 461.0m)
Debt / Equity = 1.06 (Debt 901.7m / totalStockholderEquity, last quarter 852.3m)
Debt / EBITDA = 2.10 (Net Debt 812.2m / EBITDA 386.7m)
Debt / FCF = 7.37 (Net Debt 812.2m / FCF TTM 110.1m)
Total Stockholder Equity = 202.73b (last 4 quarters mean from totalStockholderEquity)
RoA = 9.59% (Net Income 222.3m / Total Assets 2.35b)
RoE = 0.11% (Net Income TTM 222.3m / Total Stockholder Equity 202.73b)
RoCE = 0.16% (EBIT 330.4m / Capital Employed (Equity 202.73b + L.T.Debt 878.3m))
RoIC = 12.27% (NOPAT 207.0m / Invested Capital 1.69b)
WACC = 8.20% (E(5.53b)/V(6.44b) * Re(9.37%) + D(901.7m)/V(6.44b) * Rd(1.61%) * (1-Tc(0.37)))
Discount Rate = 9.37% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -3.28%
[DCF Debug] Terminal Value 69.32% ; FCFF base≈164.4m ; Y1≈107.9m ; Y5≈49.2m
Fair Price DCF = 2.01 (EV 930.0m - Net Debt 812.2m = Equity 117.8m / Shares 58.7m; r=8.20% [WACC]; 5y FCF grow -40.0% → 2.90% )
[DCF Warning] FCF declining rapidly (-40.0%), DCF may be unreliable
EPS Correlation: -10.75 | EPS CAGR: -26.67% | SUE: 2.66 | # QB: 1
Revenue Correlation: 33.40 | Revenue CAGR: 12.66% | SUE: 1.37 | # QB: 1
EPS next Quarter (2026-03-31): EPS=1.46 | Chg30d=+0.020 | Revisions Net=+1 | Analysts=2
EPS next Year (2026-12-31): EPS=3.87 | Chg30d=+0.263 | Revisions Net=+3 | Growth EPS=+5.5% | Growth Revenue=+2.3%