CALLAWAY GOLF COMPANY (CALY) Fundamental Analysis & Valuation
NYSE:CALY • US1311931042
13.15 USD
-0.75 (-5.4%)
At close: Mar 12, 2026
13.15 USD
0 (0%)
After Hours: 3/12/2026, 8:04:00 PM
This CALY fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
We assign a fundamental rating of 3 out of 10 to CALY. CALY was compared to 32 industry peers in the Leisure Products industry. CALY has a bad profitability rating. Also its financial health evaluation is rather negative. CALY has a valuation in line with the averages, but on the other hand it scores bad on growth.
1. CALY Profitability Analysis
1.1 Basic Checks
- In the past year CALY was profitable.
- CALY had a positive operating cash flow in the past year.
- CALY had positive earnings in 4 of the past 5 years.
- In multiple years CALY reported negative operating cash flow during the last 5 years.
1.2 Ratios
- CALY has a worse Return On Assets (-19.88%) than 78.13% of its industry peers.
- CALY's Return On Equity of -60.79% is on the low side compared to the rest of the industry. CALY is outperformed by 71.88% of its industry peers.
- CALY's Return On Invested Capital of 2.61% is in line compared to the rest of the industry. CALY outperforms 53.13% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -19.88% | ||
| ROE | -60.79% | ||
| ROIC | 2.61% |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
- CALY's Profit Margin has declined in the last couple of years.
- CALY has a Operating Margin (5.38%) which is comparable to the rest of the industry.
- CALY's Operating Margin has improved in the last couple of years.
- CALY's Gross Margin of 63.31% is amongst the best of the industry. CALY outperforms 87.50% of its industry peers.
- CALY's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 5.38% | ||
| PM (TTM) | N/A | ||
| GM | 63.31% |
OM growth 3Y-1.83%
OM growth 5Y7.51%
PM growth 3Y-21.89%
PM growth 5YN/A
GM growth 3Y-11.3%
GM growth 5Y0.36%
2. CALY Health Analysis
2.1 Basic Checks
- CALY has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
- There is no outstanding debt for CALY. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
2.2 Solvency
- CALY has an Altman-Z score of 0.98. This is a bad value and indicates that CALY is not financially healthy and even has some risk of bankruptcy.
- CALY has a worse Altman-Z score (0.98) than 65.63% of its industry peers.
- The Debt to FCF ratio of CALY is 91.74, which is on the high side as it means it would take CALY, 91.74 years of fcf income to pay off all of its debts.
- Looking at the Debt to FCF ratio, with a value of 91.74, CALY is in line with its industry, outperforming 46.88% of the companies in the same industry.
- A Debt/Equity ratio of 1.13 is on the high side and indicates that CALY has dependencies on debt financing.
- Looking at the Debt to Equity ratio, with a value of 1.13, CALY is doing worse than 68.75% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.13 | ||
| Debt/FCF | 91.74 | ||
| Altman-Z | 0.98 |
ROIC/WACC0.28
WACC9.34%
2.3 Liquidity
- CALY has a Current Ratio of 1.87. This is a normal value and indicates that CALY is financially healthy and should not expect problems in meeting its short term obligations.
- CALY's Current ratio of 1.87 is in line compared to the rest of the industry. CALY outperforms 40.63% of its industry peers.
- A Quick Ratio of 1.30 indicates that CALY should not have too much problems paying its short term obligations.
- CALY has a Quick ratio (1.30) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.87 | ||
| Quick Ratio | 1.3 |
3. CALY Growth Analysis
3.1 Past
- CALY shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -75.00%.
- Measured over the past years, CALY shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -40.13% on average per year.
- CALY shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -17.34%.
- The Revenue has been growing slightly by 5.32% on average over the past years.
EPS 1Y (TTM)-75%
EPS 3Y-60.15%
EPS 5Y-40.13%
EPS Q2Q%24.24%
Revenue 1Y (TTM)-17.34%
Revenue growth 3Y-19.81%
Revenue growth 5Y5.32%
Sales Q2Q%-60.24%
3.2 Future
- The Earnings Per Share is expected to grow by 234.96% on average over the next years. This is a very strong growth
- The Revenue is expected to decrease by -27.12% on average over the next years. This is quite bad
EPS Next Y904.7%
EPS Next 2Y234.96%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-34.42%
Revenue Next 2Y-27.12%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
- The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. CALY Valuation Analysis
4.1 Price/Earnings Ratio
- A Price/Earnings ratio of 263.00 indicates a quite expensive valuation of CALY.
- The rest of the industry has a similar Price/Earnings ratio as CALY.
- The average S&P500 Price/Earnings ratio is at 25.71. CALY is valued rather expensively when compared to this.
- The Price/Forward Earnings ratio is 26.18, which means the current valuation is very expensive for CALY.
- CALY's Price/Forward Earnings ratio is in line with the industry average.
- CALY's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 23.82.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 263 | ||
| Fwd PE | 26.18 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, CALY is valued a bit cheaper than 78.13% of the companies in the same industry.
- The rest of the industry has a similar Price/Free Cash Flow ratio as CALY.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 72.26 | ||
| EV/EBITDA | 9.64 |
4.3 Compensation for Growth
- The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
- CALY's earnings are expected to grow with 234.96% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.29
PEG (5Y)N/A
EPS Next 2Y234.96%
EPS Next 3YN/A
5. CALY Dividend Analysis
5.1 Amount
- CALY does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
CALY Fundamentals: All Metrics, Ratios and Statistics
13.15
-0.75 (-5.4%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryLeisure Products
Earnings (Last)02-12 2026-02-12/amc
Earnings (Next)05-11 2026-05-11
Inst Owners65.56%
Inst Owner Change37.37%
Ins Owners2.04%
Ins Owner Change-82.19%
Market Cap2.42B
Revenue(TTM)3.50B
Net Income(TTM)-1.50B
Analysts75
Price Target15.16 (15.29%)
Short Float %5.66%
Short Ratio2.02
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP0%
Div Incr YearsN/A
Div Non Decr YearsN/A
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)771.95%
Min EPS beat(2)75.27%
Max EPS beat(2)1468.63%
EPS beat(4)4
Avg EPS beat(4)461.56%
Min EPS beat(4)22.6%
Max EPS beat(4)1468.63%
EPS beat(8)8
Avg EPS beat(8)320.35%
EPS beat(12)11
Avg EPS beat(12)215.49%
EPS beat(16)15
Avg EPS beat(16)168.95%
Revenue beat(2)1
Avg Revenue beat(2)0.36%
Min Revenue beat(2)-0.4%
Max Revenue beat(2)1.12%
Revenue beat(4)3
Avg Revenue beat(4)0.89%
Min Revenue beat(4)-0.4%
Max Revenue beat(4)2.46%
Revenue beat(8)5
Avg Revenue beat(8)-0.2%
Revenue beat(12)6
Avg Revenue beat(12)-0.66%
Revenue beat(16)7
Avg Revenue beat(16)-0.43%
PT rev (1m)4.08%
PT rev (3m)N/A
EPS NQ rev (1m)0.23%
EPS NQ rev (3m)N/A
EPS NY rev (1m)253.91%
EPS NY rev (3m)N/A
Revenue NQ rev (1m)0.31%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-34.76%
Revenue NY rev (3m)N/A
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 263 | ||
| Fwd PE | 26.18 | ||
| P/S | 0.6 | ||
| P/FCF | 72.26 | ||
| P/OCF | 7.72 | ||
| P/B | 0.98 | ||
| P/tB | 3.49 | ||
| EV/EBITDA | 9.64 |
EPS(TTM)0.05
EY0.38%
EPS(NY)0.5
Fwd EY3.82%
FCF(TTM)0.18
FCFY1.38%
OCF(TTM)1.7
OCFY12.95%
SpS22.06
BVpS13.45
TBVpS3.77
PEG (NY)0.29
PEG (5Y)N/A
Graham Number3.89
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -19.88% | ||
| ROE | -60.79% | ||
| ROCE | 3.32% | ||
| ROIC | 2.61% | ||
| ROICexc | 3% | ||
| ROICexgc | 4.34% | ||
| OM | 5.38% | ||
| PM (TTM) | N/A | ||
| GM | 63.31% | ||
| FCFM | 0.82% |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3Y-1.83%
OM growth 5Y7.51%
PM growth 3Y-21.89%
PM growth 5YN/A
GM growth 3Y-11.3%
GM growth 5Y0.36%
F-Score5
Asset Turnover0.54
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.13 | ||
| Debt/FCF | 91.74 | ||
| Debt/EBITDA | 5.71 | ||
| Cap/Depr | 103.09% | ||
| Cap/Sales | 6.89% | ||
| Interest Coverage | 1.12 | ||
| Cash Conversion | 63.99% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.87 | ||
| Quick Ratio | 1.3 | ||
| Altman-Z | 0.98 |
F-Score5
WACC9.34%
ROIC/WACC0.28
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-75%
EPS 3Y-60.15%
EPS 5Y-40.13%
EPS Q2Q%24.24%
EPS Next Y904.7%
EPS Next 2Y234.96%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-17.34%
Revenue growth 3Y-19.81%
Revenue growth 5Y5.32%
Sales Q2Q%-60.24%
Revenue Next Year-34.42%
Revenue Next 2Y-27.12%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y23.12%
EBIT growth 3Y-21.28%
EBIT growth 5Y13.24%
EBIT Next Year50.91%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-77.99%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-34.12%
OCF growth 3YN/A
OCF growth 5YN/A
CALLAWAY GOLF COMPANY / CALY FAQ
What is the ChartMill fundamental rating of CALLAWAY GOLF COMPANY (CALY) stock?
ChartMill assigns a fundamental rating of 3 / 10 to CALY.
What is the valuation status for CALY stock?
ChartMill assigns a valuation rating of 4 / 10 to CALLAWAY GOLF COMPANY (CALY). This can be considered as Fairly Valued.
How profitable is CALLAWAY GOLF COMPANY (CALY) stock?
CALLAWAY GOLF COMPANY (CALY) has a profitability rating of 3 / 10.
Can you provide the PE and PB ratios for CALY stock?
The Price/Earnings (PE) ratio for CALLAWAY GOLF COMPANY (CALY) is 263 and the Price/Book (PB) ratio is 0.98.
Is the dividend of CALLAWAY GOLF COMPANY sustainable?
The dividend rating of CALLAWAY GOLF COMPANY (CALY) is 0 / 10 and the dividend payout ratio is 0%.