Overview Dividends

(MODG) Callaway Golf - Ratings and Ratios

Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US1311931042

Clubs, Balls, Gear, Apparel

MODG EPS (Earnings per Share)

EPS Growth (3Y CAGR): -16.85%

MODG Revenue

Revenue Growth (3Y CAGR): 3.96%
Revenue Trend (3Y Correlation): 19.2%

Description: MODG Callaway Golf

Callaway Golf Company (NYSE:MODG) is a leisure products company listed on the New York Stock Exchange. As a manufacturer of golf equipment and apparel, the companys performance is closely tied to the golf industrys overall health and consumer spending habits.

The stocks current price is $8.20, with a market capitalization of $1.756 billion, indicating a mid-cap status. The forward Price-to-Earnings ratio is 156.25, suggesting high growth expectations. However, the Return on Equity is -53.08%, indicating significant losses. Key drivers to watch include revenue growth, gross margin expansion, and operating expense management.

To assess the companys prospects, we should examine key performance indicators such as sales growth, market share, and product innovation. The golf industry is competitive, with major players like TaylorMade and Ping. Callaway Golfs ability to innovate and maintain market share will be crucial. Other important metrics include gross margin, operating cash flow, and debt-to-equity ratio.

Economic drivers influencing the companys performance include consumer discretionary spending, golf industry trends, and global economic conditions. A strong US dollar could impact exports, while a decline in golf participation could affect sales. Conversely, increasing popularity of golf among younger demographics or growth in golf-related tourism could boost revenue.

MODG Stock Overview

Market Cap in USD	1,508m
Sub-Industry	Leisure Products
IPO / Inception	1992-02-27

MODG Stock Ratings

Growth Rating	-55.0%
Fundamental	41.3%
Dividend Rating	19.0%
Return 12m vs S&P 500	-29.4%
Analyst Rating	3.20 of 5

MODG Dividends

Currently no dividends paid

MODG Growth Ratios

Growth Correlation 3m	84.8%
Growth Correlation 12m	-48.1%
Growth Correlation 5y	-86.2%
CAGR 5y	-12.28%
CAGR/Max DD 5y	-0.14
Sharpe Ratio 12m	-0.55
Alpha	-26.81
Beta	0.377
Volatility	87.23%
Current Volume	2362.6k
Average Volume 20d	3041.1k
Stop Loss	9 (-7.4%)
Signal	-0.75

Piotroski VR‑10 (Strict, 0-10) 5.5

Net Income (-1.49b TTM) > 0 and > 6% of Revenue (6% = 248.4m TTM)

FCFTA 0.04 (>2.0%) and ΔFCFTA 1.77pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue 20.91% (prev 18.30%; Δ 2.61pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA 0.04 (>3.0%) and CFO 272.3m > Net Income -1.49b (YES >=105%, WARN >=100%)

NO Net Debt/EBITDA fails (EBITDA <= 0)

Current Ratio 1.85 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (185.1m) change vs 12m ago -7.26% (target <= -2.0% for YES)

Gross Margin 64.04% (prev 62.85%; Δ 1.19pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 49.56% (prev 46.59%; Δ 2.97pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio -5.42 (EBITDA TTM -983.1m / Interest Expense TTM 232.1m) >= 6 (WARN >= 3)

Altman Z'' -0.57

(A) 0.11 = (Total Current Assets 1.88b - Total Current Liabilities 1.02b) / Total Assets 7.61b

(B) -0.06 = Retained Earnings (Balance) -477.8m / Total Assets 7.61b

(D) -0.10 = Book Value of Equity -504.6m / Total Liabilities 5.12b

Total Rating: -0.57 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 41.31

1. Piotroski 5.50pt = 0.50

2. FCF Yield 11.44% = 5.0

3. FCF Margin 6.64% = 1.66

4. Debt/Equity 0.64 = 2.30

5. Debt/Ebitda -1.61 = -2.50

6. ROIC - WACC -31.99% = -12.50

7. RoE -53.08% = -2.50

8. Rev. Trend 19.20% = 0.96

9. Rev. CAGR 3.96% = 0.49

10. EPS Trend data missing

11. EPS CAGR -16.85% = -2.11

What is the price of MODG shares?

As of August 20, 2025, the stock is trading at USD 9.72 with a total of 2,362,634 shares traded.
Over the past week, the price has changed by +11.34%, over one month by +4.85%, over three months by +47.95% and over the past year by -18.25%.

Is Callaway Golf a good stock to buy?

No, based on ValueRay´s Fundamental Analyses, Callaway Golf (NYSE:MODG) is currently (August 2025) a stock to sell. It has a ValueRay Fundamental Rating of 41.31 and therefor a negative outlook according to the companies health.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of MODG is around 9.11 USD . This means that MODG is currently overvalued and has a potential downside of -6.28%.

Is MODG a buy, sell or hold?

Callaway Golf has received a consensus analysts rating of 3.20. Therefor, it is recommend to hold MODG.

Strong Buy: 2
Buy: 1
Hold: 5
Sell: 1
Strong Sell: 1

What are the forecasts/targets for the MODG price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	10.5	8%
Analysts Target Price	8.4	-13.4%
ValueRay Target Price	9.8	1%

Last update: 2025-08-13 02:51

MODG Fundamental Data Overview

Market Cap USD = 1.51b (1.51b USD * 1.0 USD.USD)
CCE Cash And Equivalents = 683.5m USD (Cash And Short Term Investments, last quarter)
P/E Forward = 156.25
P/S = 0.3642
P/B = 0.606
P/EG = 0.6657
Beta = 1.268
Revenue TTM = 4.14b USD
EBIT TTM = -1.26b USD
EBITDA TTM = -983.1m USD
Long Term Debt = 1.20b USD (from longTermDebt, last quarter)
Short Term Debt = 385.3m USD (from shortTermDebt, last quarter)
Debt = 1.58b USD (Calculated: Short Term 385.3m + Long Term 1.20b)
Net Debt = 2.22b USD (from netDebt column, last quarter)
Enterprise Value = 2.40b USD (1.51b + Debt 1.58b - CCE 683.5m)
Interest Coverage Ratio = -5.42 (Ebit TTM -1.26b / Interest Expense TTM 232.1m)
FCF Yield = 11.44% (FCF TTM 275.0m / Enterprise Value 2.40b)
FCF Margin = 6.64% (FCF TTM 275.0m / Revenue TTM 4.14b)
Net Margin = -36.08% (Net Income TTM -1.49b / Revenue TTM 4.14b)
Gross Margin = 64.04% ((Revenue TTM 4.14b - Cost of Revenue TTM 1.49b) / Revenue TTM)
Tobins Q-Ratio = -4.77 (set to none) (Enterprise Value 2.40b / Book Value Of Equity -504.6m)
Interest Expense / Debt = 3.71% (Interest Expense 58.7m / Debt 1.58b)
Taxrate = 40.47% (from quarterly Income Tax Expense: 13.8m / 34.1m)
NOPAT = -1.26b (EBIT -1.26b, no tax applied on loss)
Current Ratio = 1.85 (Total Current Assets 1.88b / Total Current Liabilities 1.02b)
Debt / Equity = 0.64 (Debt 1.58b / last Quarter total Stockholder Equity 2.49b)
Debt / EBITDA = -1.61 (Net Debt 2.22b / EBITDA -983.1m)
Debt / FCF = 5.75 (Debt 1.58b / FCF TTM 275.0m)
Total Stockholder Equity = 2.81b (last 4 quarters mean)
RoA = -19.64% (Net Income -1.49b, Total Assets 7.61b )
RoE = -53.08% (Net Income TTM -1.49b / Total Stockholder Equity 2.81b)
RoCE = -31.35% (Ebit -1.26b / (Equity 2.81b + L.T.Debt 1.20b))
RoIC = -27.25% (NOPAT -1.26b / Invested Capital 4.61b)
WACC = 4.74% (E(1.51b)/V(3.09b) * Re(7.40%)) + (D(1.58b)/V(3.09b) * Rd(3.71%) * (1-Tc(0.40)))
Shares Correlation 5-Years: -40.0 | Cagr: -0.09%
Discount Rate = 7.40% (= CAPM, Blume Beta Adj.) -> floored to rf + ERP 8.05%
[DCF Debug] Terminal Value 70.63% ; FCFE base≈232.1m ; Y1≈153.6m ; Y5≈71.3m
Fair Price DCF = 7.60 (DCF Value 1.40b / Shares Outstanding 183.9m; 5y FCF grow -39.45% → 3.0% )
Revenue Correlation: 19.20 | Revenue CAGR: 3.96%
Revenue Growth Correlation: -71.74%
EPS Correlation: N/A | EPS CAGR: -16.85%
EPS Growth Correlation: 21.80%

Additional Sources for MODG Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle