-0.42%
-7.06%
7.77%
-8.98%
4.29%
41.46%
113.30%

Company Description

Acushnet Holdings Corp.designs, develops, manufactures, and distributes golf products in the United States, Europe, the Middle East, Africa, Japan, Korea, and internationally.The company operates through four segments: Titleist Golf Balls, Titleist Golf Clubs, Titleist Golf Gear, and FootJoy Golf Wear.


It offers golf balls under the Titleist brand; golf clubs, such as drivers, fairways, hybrids, and irons under the Titleist brand name; wedges under the Vokey Design brand; and putters under the Scotty Cameron brand.The company also provides golf bags, headwear, golf gloves, travel products, head covers, and other golf accessories, as well as offers customization and personalization of products in Titleist golf gear.In addition, it offers golf shoes, gloves, golf outerwear, and men's and women's golf apparels under the FootJoy brand; and ski, golf, and lifestyle apparels under the KJUS brand name.


It sells its products through on-course golf shops and golf specialty retailers, as well as through representatives, other retailers, and online.The company was formerly known as Alexandria Holdings Corp.and changed its name to Acushnet Holdings Corp.


in March 2016.Acushnet Holdings Corp.was founded in 1910 and is headquartered in Fairhaven, Massachusetts.

Market Data

Last Price 66.06
Change Percentage -0.42%
Open 66.66
Previous Close 66.34
Market Cap ( Millions) 4017
Volume 5342
Year High 76.65
Year Low 58.54
M A 50 71.78
M A 200 66.46

Financial Ratios

FCF Yield 6.12%
Dividend Yield 1.30%
ROE 21.71%
Debt / Equity 84.50%
Net Debt / EBIDTA 193.91%
Price To Book 4.81
Price Earnings Ratio 22.03
Price To FCF 16.35
Price To sales 1.66
EV / EBITDA 14.28

News

Business Breakdown

Expected Mid-Term Growth

Segment nΒ°1 -> Titleist Golf Balls

Expected Growth : 3.2 %

What the company do ?

Titleist Golf Balls from Acushnet Holdings Corp. are high-performance golf balls designed for professional and amateur golfers, offering superior distance, accuracy, and control.

Why we expect these perspectives ?

Titleist Golf Balls' 3.2% growth is driven by increasing popularity of golf globally, particularly among millennials and women. Innovation in product design, such as the Pro V1 and AVX models, has enhanced performance and appeal. Strategic partnerships with professional golfers and tournaments, like the PGA Tour, have boosted brand visibility. Additionally, expanding distribution channels and e-commerce platforms have improved accessibility and convenience for consumers.

Segment nΒ°2 -> Titleist Golf Clubs

Expected Growth : 2.8 %

What the company do ?

Titleist Golf Clubs, a subsidiary of Acushnet Holdings Corp., is a leading manufacturer of high-quality golf balls, clubs, and accessories for professional and amateur golfers.

Why we expect these perspectives ?

Titleist Golf Clubs' 2.8% growth is driven by increasing popularity of golf among millennials, rising disposable income, and strategic partnerships with professional golfers. Additionally, Acushnet's focus on innovation, quality, and customization has led to premium pricing and market share gains.

Segment nΒ°3 -> FootJoy Golf Wear

Expected Growth : 3.5 %

What the company do ?

FootJoy Golf Wear is a premium golf apparel brand from Acushnet Holdings Corp., offering high-quality, comfortable, and stylish clothing for golf enthusiasts.

Why we expect these perspectives ?

FootJoy Golf Wear's 3.5% growth is driven by increasing popularity of golf globally, rising disposable income, and a growing demand for high-quality, comfortable, and stylish golf apparel. Additionally, Acushnet's strong brand reputation, innovative products, and strategic partnerships with professional golfers and tournaments contribute to the segment's growth.

Segment nΒ°4 -> Titleist Golf Gear

Expected Growth : 3.1 %

What the company do ?

Titleist Golf Gear from Acushnet Holdings Corp. offers high-quality golf balls, clubs, and accessories, trusted by professionals and amateurs alike for their precision and performance.

Why we expect these perspectives ?

Titleist Golf Gear's 3.1% growth is driven by increasing popularity of golf among millennials, rising disposable income, and strategic partnerships with professional golfers. Additionally, Acushnet's focus on innovation, quality, and customization has led to premium pricing and market share gains in the golf equipment industry.

Segment nΒ°5 -> Other

Expected Growth : 2.5 %

What the company do ?

The 'Other' segment from Acushnet Holdings Corp. includes businesses that do not fit into their golf ball or golf club categories, such as footwear and apparel.

Why we expect these perspectives ?

Acushnet Holdings Corp.'s 2.5% growth in 'Other' segment is driven by increasing demand for golf balls and gear, particularly in Asia, as well as strategic partnerships and investments in digital platforms, enhancing customer engagement and experience.

Acushnet Holdings Corp. Products

Product Range What is it ?
Titleist Golf Balls High-performance golf balls designed for professional and amateur golfers, offering superior distance, accuracy, and control.
FootJoy Golf Shoes High-quality golf shoes designed for comfort, stability, and style, featuring advanced technology and waterproofing.
Scotty Cameron Putters Premium putters crafted for precision, feel, and style, featuring advanced materials and designs.
Pinnacle Golf Balls Affordable golf balls designed for recreational golfers, offering a balance of distance and accuracy.
Kjus Golf Apparel High-performance golf apparel designed for comfort, flexibility, and style, featuring advanced fabrics and designs.

Acushnet Holdings Corp.'s Porter Forces

The threat of substitutes for Acushnet Holdings Corp. is medium, as there are some alternatives available in the market, but they are not very attractive to customers.

The bargaining power of customers for Acushnet Holdings Corp. is low, as customers have limited options and the company has a strong brand presence.

The bargaining power of suppliers for Acushnet Holdings Corp. is medium, as the company relies on a few key suppliers, but has some flexibility in its supply chain.

The threat of new entrants for Acushnet Holdings Corp. is high, as the golf industry is attractive and there are low barriers to entry.

The intensity of rivalry for Acushnet Holdings Corp. is high, as the golf industry is highly competitive and there are several established players.

Capital Structure

Value
Debt Weight 45.42%
Debt Cost 6.68%
Equity Weight 54.58%
Equity Cost 8.39%
WACC 7.61%
Leverage 83.22%

Historical Valuation

Price/Earnings Ratio

Margin Valuation

Peers Valuation

Competitors

Company Rational
MAT Mattel, Inc., a children's entertainment company, designs and produces toys and consumer products worldwide. The company operates through North America, International, and American Girl segments. It offers dolls and accessories, …
PRKS United Parks & Resorts Inc., together with its subsidiaries, operates as a theme park and entertainment company in the United States. It operates SeaWorld theme parks in Orlando, Florida; San …
YETI YETI Holdings, Inc. designs, markets, retails, and distributes products for the outdoor and recreation market under the YETI brand. The company offers hard and soft coolers, as well as cargo, …
FUN Cedar Fair, L.P. owns and operates amusement and water parks, and complementary resort facilities in the United States and Canada. Its amusement parks include Cedar Point located on Lake Erie …
SIX Six Flags Entertainment Corporation owns and operates regional theme and waterparks under the Six Flags name. Its parks offer various thrill rides, water attractions, themed areas, concerts and shows, restaurants, …

Peers Metrics

DCF BETA

Parameters

Short Term Growth
Short term Time
Long-Term Growth
WACC
Target Price
66.06$
Current Price
66.06$
Potential
-0.00%

Expected Cash-Flows

Scoring Insights

Peers Group Analysis

πŸ₯‡

United Parks & Resorts Logo
United Parks & Resorts
A-Score # N/A

Value:# N/A

Growth: # N/A

Quality: # N/A

Yield: # N/A

Momentum: # N/A

Volatility: # N/A

1-Year Total Return ->

πŸ₯ˆ

Cedar Fair Logo
Cedar Fair
A-Score # N/A

Value:# N/A

Growth: # N/A

Quality: # N/A

Yield: # N/A

Momentum: # N/A

Volatility: # N/A

1-Year Total Return ->

πŸ₯‰

Acushnet Logo
Acushnet
A-Score # N/A

Value:# N/A

Growth: # N/A

Quality: # N/A

Yield: # N/A

Momentum: # N/A

Volatility: # N/A

1-Year Total Return ->

4

Six Flags Logo
Six Flags
A-Score # N/A

Value:# N/A

Growth: # N/A

Quality: # N/A

Yield: # N/A

Momentum: # N/A

Volatility: # N/A

1-Year Total Return ->

5

Mattel Logo
Mattel
A-Score # N/A

Value:# N/A

Growth: # N/A

Quality: # N/A

Yield: # N/A

Momentum: # N/A

Volatility: # N/A

1-Year Total Return ->

6

YETI Logo
YETI
A-Score # N/A

Value:# N/A

Growth: # N/A

Quality: # N/A

Yield: # N/A

Momentum: # N/A

Volatility: # N/A

1-Year Total Return ->