NasdaqGM:ESCA

Stock Analysis Report

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Executive Summary

Escalade, Incorporated, together with its subsidiaries, manufactures and sells sporting goods in North America, Europe, and internationally. More Details


Snowflake Analysis

Flawless balance sheet, undervalued and pays a dividend.


Similar Companies

Share Price & News

How has Escalade's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: ESCA's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

5.6%

ESCA

0.5%

US Leisure

-1.3%

US Market


1 Year Return

80.9%

ESCA

87.6%

US Leisure

18.5%

US Market

Return vs Industry: ESCA exceeded the US Leisure industry which returned 77.4% over the past year.

Return vs Market: ESCA exceeded the US Market which returned 19.5% over the past year.


Shareholder returns

ESCAIndustryMarket
7 Day5.6%0.5%-1.3%
30 Day14.7%22.9%5.3%
90 Day36.3%37.4%7.5%
1 Year89.9%80.9%91.6%87.6%21.3%18.5%
3 Year77.2%55.7%8.8%1.9%42.4%32.9%
5 Year36.4%11.4%24.4%12.1%84.2%63.5%

Price Volatility Vs. Market

How volatile is Escalade's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Escalade undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: ESCA ($20.79) is trading below our estimate of fair value ($118.97)

Significantly Below Fair Value: ESCA is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: ESCA is good value based on its PE Ratio (18.8x) compared to the US Leisure industry average (27.9x).

PE vs Market: ESCA is good value based on its PE Ratio (18.8x) compared to the US market (19x).


Price to Earnings Growth Ratio

PEG Ratio: ESCA is poor value based on its PEG Ratio (2.3x)


Price to Book Ratio

PB vs Industry: ESCA is good value based on its PB Ratio (2.2x) compared to the US Leisure industry average (4.1x).


Next Steps

Future Growth

How is Escalade forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

8.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ESCA's forecast earnings growth (8.2% per year) is above the savings rate (2.2%).

Earnings vs Market: ESCA's earnings (8.2% per year) are forecast to grow slower than the US market (22.1% per year).

High Growth Earnings: ESCA's earnings are forecast to grow, but not significantly.

Revenue vs Market: ESCA's revenue (5.6% per year) is forecast to grow slower than the US market (10% per year).

High Growth Revenue: ESCA's revenue (5.6% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if ESCA's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Escalade performed over the past 5 years?

3.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ESCA has high quality earnings.

Growing Profit Margin: ESCA's current net profit margins (7.4%) are higher than last year (5.1%).


Past Earnings Growth Analysis

Earnings Trend: ESCA's earnings have grown by 3% per year over the past 5 years.

Accelerating Growth: ESCA's earnings growth over the past year (68%) exceeds its 5-year average (3% per year).

Earnings vs Industry: ESCA earnings growth over the past year (68%) exceeded the Leisure industry 8.7%.


Return on Equity

High ROE: ESCA's Return on Equity (11.9%) is considered low.


Next Steps

Financial Health

How is Escalade's financial position?


Financial Position Analysis

Short Term Liabilities: ESCA's short term assets ($109.9M) exceed its short term liabilities ($33.7M).

Long Term Liabilities: ESCA's short term assets ($109.9M) exceed its long term liabilities ($4.6M).


Debt to Equity History and Analysis

Debt Level: ESCA is debt free.

Reducing Debt: ESCA has no debt compared to 5 years ago when its debt to equity ratio was 14.4%.

Debt Coverage: ESCA has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: ESCA has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is Escalade current dividend yield, its reliability and sustainability?

2.41%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: ESCA's dividend (2.41%) is higher than the bottom 25% of dividend payers in the US market (1.62%).

High Dividend: ESCA's dividend (2.41%) is low compared to the top 25% of dividend payers in the US market (4.66%).


Stability and Growth of Payments

Stable Dividend: ESCA's dividends per share have been stable in the past 10 years.

Growing Dividend: ESCA's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (45.1%), ESCA's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

5.8yrs

Average management tenure


CEO

Scott Sincerbeaux (52 yo)

0.50

Tenure

Mr. Scott J. Sincerbeaux serves as President and Chief Executive Officer of Escalade, Incorporated since April 27, 2020. Mr. Sincerbeaux served as Director of Escalade, Incorporated since 2020 until May 13 ...


Leadership Team

NamePositionTenureCompensationOwnership
Stephen Wawrin
VP of Finance5.83yrsUS$356.31k0.14%
$ 414.7k
Patrick Griffin
VP of Corporate Development & Investor Relations and Director11.5yrsUS$230.00k3.69%
$ 10.9m
Scott Sincerbeaux
President & CEO0.50yrno data0.25%
$ 727.7k

5.8yrs

Average Tenure

50yo

Average Age

Experienced Management: ESCA's management team is seasoned and experienced (5.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Patrick Griffin
VP of Corporate Development & Investor Relations and Director11.5yrsUS$230.00k3.69%
$ 10.9m
Walter Glazer
Independent Chairman of Board2.42yrsUS$123.84k1.84%
$ 5.4m
Richard Baalmann
Independent Director14.75yrsUS$91.84k0.68%
$ 2.0m
Edward Williams
Independent Director16.75yrsUS$93.84k0.96%
$ 2.8m
Katherine Franklin
Independent Director0.42yrno data0.042%
$ 124.7k

11.5yrs

Average Tenure

59yo

Average Age

Experienced Board: ESCA's board of directors are seasoned and experienced ( 11.5 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Escalade, Incorporated's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Escalade, Incorporated
  • Ticker: ESCA
  • Exchange: NasdaqGM
  • Founded: 1922
  • Industry: Leisure Products
  • Sector: Consumer Durables
  • Market Cap: US$294.253m
  • Shares outstanding: 14.15m
  • Website: https://escaladeinc.com

Number of Employees


Location

  • Escalade, Incorporated
  • 817 Maxwell Avenue
  • Evansville
  • Indiana
  • 47711
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ESCANasdaqGM (Nasdaq Global Market)YesCommon StockUSUSDDec 1972
ED9DB (Deutsche Boerse AG)YesCommon StockDEEURDec 1972

Biography

Escalade, Incorporated, together with its subsidiaries, manufactures and sells sporting goods in North America, Europe, and internationally. The company manufactures, imports, and distributes various sport ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/19 23:43
End of Day Share Price2020/10/19 00:00
Earnings2020/07/11
Annual Earnings2019/12/28


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.