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ACUSHNET HOLDINGS CORP (GOLF) Stock Fundamental Analysis

USA - NYSE:GOLF - US0050981085 - Common Stock

80.99 USD
-1.05 (-1.28%)
Last: 10/28/2025, 8:04:00 PM
80.6 USD
-0.39 (-0.48%)
After Hours: 10/28/2025, 8:04:00 PM
Fundamental Rating

5

We assign a fundamental rating of 5 out of 10 to GOLF. GOLF was compared to 33 industry peers in the Leisure Products industry. GOLF scores excellent on profitability, but there are some minor concerns on its financial health. GOLF is valied quite expensively at the moment, while it does show a decent growth rate.


Dividend Valuation Growth Profitability Health

8

1. Profitability

1.1 Basic Checks

GOLF had positive earnings in the past year.
In the past year GOLF had a positive cash flow from operations.
In the past 5 years GOLF has always been profitable.
Of the past 5 years GOLF 4 years had a positive operating cash flow.
GOLF Yearly Net Income VS EBIT VS OCF VS FCFGOLF Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 100M -100M 200M 300M

1.2 Ratios

GOLF has a Return On Assets of 9.60%. This is amongst the best in the industry. GOLF outperforms 93.94% of its industry peers.
Looking at the Return On Equity, with a value of 28.45%, GOLF belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
GOLF has a Return On Invested Capital of 12.92%. This is amongst the best in the industry. GOLF outperforms 90.91% of its industry peers.
The Average Return On Invested Capital over the past 3 years for GOLF is significantly above the industry average of 7.26%.
Industry RankSector Rank
ROA 9.6%
ROE 28.45%
ROIC 12.92%
ROA(3y)9.32%
ROA(5y)8.4%
ROE(3y)24.07%
ROE(5y)19.82%
ROIC(3y)14.1%
ROIC(5y)12.99%
GOLF Yearly ROA, ROE, ROICGOLF Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 5 10 15 20 25

1.3 Margins

GOLF has a better Profit Margin (9.24%) than 93.94% of its industry peers.
In the last couple of years the Profit Margin of GOLF has grown nicely.
With an excellent Operating Margin value of 12.10%, GOLF belongs to the best of the industry, outperforming 87.88% of the companies in the same industry.
GOLF's Operating Margin has improved in the last couple of years.
With a decent Gross Margin value of 45.37%, GOLF is doing good in the industry, outperforming 69.70% of the companies in the same industry.
In the last couple of years the Gross Margin of GOLF has remained more or less at the same level.
Industry RankSector Rank
OM 12.1%
PM (TTM) 9.24%
GM 45.37%
OM growth 3Y1.65%
OM growth 5Y2.86%
PM growth 3Y1.55%
PM growth 5Y3.9%
GM growth 3Y-2.45%
GM growth 5Y-1.4%
GOLF Yearly Profit, Operating, Gross MarginsGOLF Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 10 20 30 40 50

4

2. Health

2.1 Basic Checks

With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), GOLF is creating some value.
The number of shares outstanding for GOLF has been increased compared to 1 year ago.
The number of shares outstanding for GOLF has been reduced compared to 5 years ago.
The debt/assets ratio for GOLF is higher compared to a year ago.
GOLF Yearly Shares OutstandingGOLF Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M
GOLF Yearly Total Debt VS Total AssetsGOLF Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B 1.5B 2B

2.2 Solvency

An Altman-Z score of 3.73 indicates that GOLF is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 3.73, GOLF is in the better half of the industry, outperforming 63.64% of the companies in the same industry.
The Debt to FCF ratio of GOLF is 9.62, which is on the high side as it means it would take GOLF, 9.62 years of fcf income to pay off all of its debts.
GOLF has a Debt to FCF ratio (9.62) which is comparable to the rest of the industry.
A Debt/Equity ratio of 1.15 is on the high side and indicates that GOLF has dependencies on debt financing.
With a Debt to Equity ratio value of 1.15, GOLF is not doing good in the industry: 72.73% of the companies in the same industry are doing better.
Industry RankSector Rank
Debt/Equity 1.15
Debt/FCF 9.62
Altman-Z 3.73
ROIC/WACC1.12
WACC11.5%
GOLF Yearly LT Debt VS Equity VS FCFGOLF Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 200M 400M 600M 800M 1B

2.3 Liquidity

A Current Ratio of 2.25 indicates that GOLF has no problem at all paying its short term obligations.
GOLF's Current ratio of 2.25 is in line compared to the rest of the industry. GOLF outperforms 51.52% of its industry peers.
A Quick Ratio of 1.21 indicates that GOLF should not have too much problems paying its short term obligations.
GOLF has a worse Quick ratio (1.21) than 63.64% of its industry peers.
Industry RankSector Rank
Current Ratio 2.25
Quick Ratio 1.21
GOLF Yearly Current Assets VS Current LiabilitesGOLF Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M 800M 1B

4

3. Growth

3.1 Past

The Earnings Per Share has grown by an impressive 28.97% over the past year.
The Earnings Per Share has been growing by 15.79% on average over the past years. This is quite good.
The Revenue has been growing slightly by 3.83% in the past year.
GOLF shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 7.88% yearly.
EPS 1Y (TTM)28.97%
EPS 3Y12%
EPS 5Y15.79%
EPS Q2Q%12.61%
Revenue 1Y (TTM)3.83%
Revenue growth 3Y4.58%
Revenue growth 5Y7.88%
Sales Q2Q%5.35%

3.2 Future

Based on estimates for the next years, GOLF will show a small growth in Earnings Per Share. The EPS will grow by 5.97% on average per year.
The Revenue is expected to grow by 2.82% on average over the next years.
EPS Next Y6.95%
EPS Next 2Y5.13%
EPS Next 3Y5.97%
EPS Next 5YN/A
Revenue Next Year1.91%
Revenue Next 2Y2.12%
Revenue Next 3Y2.82%
Revenue Next 5YN/A

3.3 Evolution

The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
GOLF Yearly Revenue VS EstimatesGOLF Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 500M 1B 1.5B 2B 2.5B
GOLF Yearly EPS VS EstimatesGOLF Yearly EPS VS EstimatesYearly EPS VS Estimates 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 1 2 3

3

4. Valuation

4.1 Price/Earnings Ratio

With a Price/Earnings ratio of 21.66, GOLF is valued on the expensive side.
Compared to the rest of the industry, the Price/Earnings ratio of GOLF indicates a somewhat cheap valuation: GOLF is cheaper than 78.79% of the companies listed in the same industry.
GOLF's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 26.83.
GOLF is valuated rather expensively with a Price/Forward Earnings ratio of 22.01.
GOLF's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. GOLF is cheaper than 63.64% of the companies in the same industry.
GOLF's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 22.88.
Industry RankSector Rank
PE 21.66
Fwd PE 22.01
GOLF Price Earnings VS Forward Price EarningsGOLF Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

The rest of the industry has a similar Enterprise Value to EBITDA ratio as GOLF.
The rest of the industry has a similar Price/Free Cash Flow ratio as GOLF.
Industry RankSector Rank
P/FCF 49.01
EV/EBITDA 15.79
GOLF Per share dataGOLF EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 10 20 30 40

4.3 Compensation for Growth

The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
The excellent profitability rating of GOLF may justify a higher PE ratio.
PEG (NY)3.11
PEG (5Y)1.37
EPS Next 2Y5.13%
EPS Next 3Y5.97%

5

5. Dividend

5.1 Amount

GOLF has a Yearly Dividend Yield of 1.16%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 3.87, GOLF pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.30, GOLF's dividend is way lower than the S&P500 average.
Industry RankSector Rank
Dividend Yield 1.16%

5.2 History

The dividend of GOLF is nicely growing with an annual growth rate of 10.12%!
GOLF has been paying a dividend for over 5 years, so it has already some track record.
GOLF has not decreased its dividend in the past 5 years, so it has a somewhat stable track record.
Dividend Growth(5Y)10.12%
Div Incr Years7
Div Non Decr Years7
GOLF Yearly Dividends per shareGOLF Yearly Dividends per shareYearly Dividends per share 2017 2018 2019 2020 2021 2022 2023 2024 2025 0.2 0.4 0.6 0.8

5.3 Sustainability

23.84% of the earnings are spent on dividend by GOLF. This is a low number and sustainable payout ratio.
GOLF's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP23.84%
EPS Next 2Y5.13%
EPS Next 3Y5.97%
GOLF Yearly Income VS Free CF VS DividendGOLF Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 100M -100M 200M
GOLF Dividend Payout.GOLF Dividend Payout, showing the Payout Ratio.GOLF Dividend Payout.PayoutRetained Earnings

ACUSHNET HOLDINGS CORP

NYSE:GOLF (10/28/2025, 8:04:00 PM)

After market: 80.6 -0.39 (-0.48%)

80.99

-1.05 (-1.28%)

Chartmill FA Rating
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryLeisure Products
Earnings (Last)08-07 2025-08-07/bmo
Earnings (Next)11-05 2025-11-05/bmo
Inst Owners62.19%
Inst Owner Change0.84%
Ins Owners2.87%
Ins Owner Change-0.83%
Market Cap4.75B
Revenue(TTM)2.49B
Net Income(TTM)230.04M
Analysts51.67
Price Target82.62 (2.01%)
Short Float %16.15%
Short Ratio13.1
Dividend
Industry RankSector Rank
Dividend Yield 1.16%
Yearly Dividend0.94
Dividend Growth(5Y)10.12%
DP23.84%
Div Incr Years7
Div Non Decr Years7
Ex-Date09-05 2025-09-05 (0.235)
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)7.37%
Min EPS beat(2)-6.31%
Max EPS beat(2)21.05%
EPS beat(4)3
Avg EPS beat(4)29.87%
Min EPS beat(4)-6.31%
Max EPS beat(4)94.09%
EPS beat(8)5
Avg EPS beat(8)20.02%
EPS beat(12)9
Avg EPS beat(12)26.56%
EPS beat(16)12
Avg EPS beat(16)36.4%
Revenue beat(2)0
Avg Revenue beat(2)-1.48%
Min Revenue beat(2)-1.78%
Max Revenue beat(2)-1.17%
Revenue beat(4)0
Avg Revenue beat(4)-2.23%
Min Revenue beat(4)-4.04%
Max Revenue beat(4)-1.17%
Revenue beat(8)2
Avg Revenue beat(8)-2.14%
Revenue beat(12)6
Avg Revenue beat(12)-0.06%
Revenue beat(16)10
Avg Revenue beat(16)2.83%
PT rev (1m)1.5%
PT rev (3m)15.44%
EPS NQ rev (1m)0%
EPS NQ rev (3m)3.04%
EPS NY rev (1m)0.53%
EPS NY rev (3m)-0.03%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.44%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.39%
Valuation
Industry RankSector Rank
PE 21.66
Fwd PE 22.01
P/S 1.91
P/FCF 49.01
P/OCF 27.21
P/B 5.88
P/tB 71.64
EV/EBITDA 15.79
EPS(TTM)3.74
EY4.62%
EPS(NY)3.68
Fwd EY4.54%
FCF(TTM)1.65
FCFY2.04%
OCF(TTM)2.98
OCFY3.68%
SpS42.44
BVpS13.78
TBVpS1.13
PEG (NY)3.11
PEG (5Y)1.37
Graham Number34.06
Profitability
Industry RankSector Rank
ROA 9.6%
ROE 28.45%
ROCE 16.02%
ROIC 12.92%
ROICexc 13.34%
ROICexgc 22.35%
OM 12.1%
PM (TTM) 9.24%
GM 45.37%
FCFM 3.89%
ROA(3y)9.32%
ROA(5y)8.4%
ROE(3y)24.07%
ROE(5y)19.82%
ROIC(3y)14.1%
ROIC(5y)12.99%
ROICexc(3y)14.44%
ROICexc(5y)14.02%
ROICexgc(3y)26.09%
ROICexgc(5y)27.09%
ROCE(3y)17.56%
ROCE(5y)16.1%
ROICexgc growth 3Y-11.31%
ROICexgc growth 5Y6.23%
ROICexc growth 3Y-4.59%
ROICexc growth 5Y7.69%
OM growth 3Y1.65%
OM growth 5Y2.86%
PM growth 3Y1.55%
PM growth 5Y3.9%
GM growth 3Y-2.45%
GM growth 5Y-1.4%
F-Score4
Asset Turnover1.04
Health
Industry RankSector Rank
Debt/Equity 1.15
Debt/FCF 9.62
Debt/EBITDA 2.6
Cap/Depr 135.43%
Cap/Sales 3.12%
Interest Coverage 250
Cash Conversion 48.69%
Profit Quality 42.14%
Current Ratio 2.25
Quick Ratio 1.21
Altman-Z 3.73
F-Score4
WACC11.5%
ROIC/WACC1.12
Cap/Depr(3y)210.84%
Cap/Depr(5y)156.63%
Cap/Sales(3y)4.28%
Cap/Sales(5y)3.22%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)28.97%
EPS 3Y12%
EPS 5Y15.79%
EPS Q2Q%12.61%
EPS Next Y6.95%
EPS Next 2Y5.13%
EPS Next 3Y5.97%
EPS Next 5YN/A
Revenue 1Y (TTM)3.83%
Revenue growth 3Y4.58%
Revenue growth 5Y7.88%
Sales Q2Q%5.35%
Revenue Next Year1.91%
Revenue Next 2Y2.12%
Revenue Next 3Y2.82%
Revenue Next 5YN/A
EBIT growth 1Y7.1%
EBIT growth 3Y6.31%
EBIT growth 5Y10.97%
EBIT Next Year33.51%
EBIT Next 3Y14.13%
EBIT Next 5YN/A
FCF growth 1Y705.87%
FCF growth 3Y-14.89%
FCF growth 5Y10.97%
OCF growth 1Y22.61%
OCF growth 3Y-7.93%
OCF growth 5Y12.79%

ACUSHNET HOLDINGS CORP / GOLF FAQ

What is the fundamental rating for GOLF stock?

ChartMill assigns a fundamental rating of 5 / 10 to GOLF.


What is the valuation status for GOLF stock?

ChartMill assigns a valuation rating of 3 / 10 to ACUSHNET HOLDINGS CORP (GOLF). This can be considered as Overvalued.


Can you provide the profitability details for ACUSHNET HOLDINGS CORP?

ACUSHNET HOLDINGS CORP (GOLF) has a profitability rating of 8 / 10.


What is the valuation of ACUSHNET HOLDINGS CORP based on its PE and PB ratios?

The Price/Earnings (PE) ratio for ACUSHNET HOLDINGS CORP (GOLF) is 21.66 and the Price/Book (PB) ratio is 5.88.


What is the expected EPS growth for ACUSHNET HOLDINGS CORP (GOLF) stock?

The Earnings per Share (EPS) of ACUSHNET HOLDINGS CORP (GOLF) is expected to grow by 6.95% in the next year.