NasdaqGM:ESCA

Stock Analysis Report

Executive Summary

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

Snowflake

Fundamentals

Excellent balance sheet average dividend payer.

Risks

  • Escalade is not covered by any analysts.

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


Market Performance


7 Day Return

-1.6%

NasdaqGM:ESCA

-6.8%

US Leisure

-1.6%

US Market


1 Year Return

-23.7%

NasdaqGM:ESCA

-22.4%

US Leisure

-3.0%

US Market

ESCA underperformed the Leisure industry which returned -22.4% over the past year.

ESCA underperformed the Market in United States of America which returned -3% over the past year.


Share holder returns

ESCAIndustryMarket
7 Day-1.6%-6.8%-1.6%
30 Day-13.8%-15.9%-5.7%
90 Day-16.7%-3.9%0.2%
1 Year-20.4%-23.7%-21.1%-22.4%-0.8%-3.0%
3 Year-7.4%-17.4%-18.9%-23.0%38.1%29.1%
5 Year-17.6%-30.8%-4.7%-15.2%50.8%34.1%

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 based on future cash flows and its price relative to the stock market?

15.54x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Escalade's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

Escalade's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

Escalade is good value based on earnings compared to the US Leisure industry average.

Escalade is good value based on earnings compared to the United States of America market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Escalade, we can't assess if its growth is good value.


Price Based on Value of Assets

Escalade is good value based on assets compared to the US Leisure industry average.


Next Steps

Future Growth

How is Escalade expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

15.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Unable to determine if Escalade is high growth as no revenue estimate data is available.

Escalade's earnings are expected to grow by 15% yearly, however this is not considered high growth (20% yearly).

Unable to compare Escalade's revenue growth to the United States of America market average as no estimate data is available.

Escalade's earnings growth is expected to exceed the United States of America market average.

Escalade's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Escalade will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Escalade performed over the past 5 years?

9.1%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Escalade's year on year earnings growth rate has been positive over the past 5 years, however the most recent earnings are below average.

Escalade's 1-year earnings growth is negative, it can't be compared to the 5-year average.

Escalade's 1-year earnings growth is negative, it can't be compared to the US Leisure industry average.


Return on Equity

Escalade has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Escalade used its assets less efficiently than the US Leisure industry average last year based on Return on Assets.


Return on Capital Employed

Escalade has improved its use of capital last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is Escalade's financial position?


Financial Position Analysis

Escalade is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Escalade's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Escalade's level of debt (5.9%) compared to net worth is satisfactory (less than 40%).

The level of debt compared to net worth has been reduced over the past 5 years (17.4% vs 5.9% today).

Debt is not well covered by operating cash flow (0.7%, less than 20% of total debt).

Interest payments on debt are well covered by earnings (EBIT is 48x coverage).


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 12.3x debt.


Next Steps

Dividend

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

5.00%

Current Dividend Yield


Upcoming Dividend Payment

Purchase Escalade before the 'Buy Limit' to receive their next dividend payment.


Dividend Yield and Payments Analysis

Escalade's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.52%).

Escalade's dividend is above the markets top 25% of dividend payers in United States of America (3.93%).

Dividends per share have been volatile in the past 10 years (annual drop of over 20%).

Dividends per share have increased over the past 10 years.


Current Payout to Shareholders

Dividends paid are covered by earnings (1.3x coverage).


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Escalade's salary, the management and board of directors tenure and is there insider trading?

4.7yrs

Average management tenure


CEO

Dave Fetherman (61yo)

3.7yrs

Tenure

US$772,723

Compensation

Mr. David L. Fetherman, also known as Dave, serves as Chief Executive Officer, President and Executive Director of Escalade Incorporated since December 7, 2015. Mr. Fetherman served as the President of Esc ...


CEO Compensation Analysis

Dave's remuneration is higher than average for companies of similar size in United States of America.

Dave's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

4.7yrs

Average Tenure

49yo

Average Age

The tenure for the Escalade management team is about average.


Board Age and Tenure

12.0yrs

Average Tenure

59.5yo

Average Age

The average tenure for the Escalade board of directors is over 10 years, this suggests they are a seasoned and experienced board.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Dave Fetherman (61yo)

    President

    • Tenure: 3.7yrs
    • Compensation: US$772.72k
  • Patrick Griffin (49yo)

    VP of Corporate Development & Investor Relations and Director

    • Tenure: 10.3yrs
    • Compensation: US$373.14k
  • Stephen Wawrin (45yo)

    VP of Finance

    • Tenure: 4.7yrs
    • Compensation: US$442.27k

Board Members

  • Richard White (65yo)

    Director

    • Tenure: 15.3yrs
    • Compensation: US$84.48k
  • Walt Glazer (60yo)

    Chairman of Board

    • Tenure: 1.3yrs
    • Compensation: US$126.48k
  • Richard Baalmann (59yo)

    Independent Director

    • Tenure: 13.6yrs
    • Compensation: US$94.48k
  • Ned Williams (58yo)

    Independent Director

    • Tenure: 15.6yrs
    • Compensation: US$96.48k
  • Dave Fetherman (61yo)

    President

    • Tenure: 3.7yrs
    • Compensation: US$772.72k
  • Patrick Griffin (49yo)

    VP of Corporate Development & Investor Relations and Director

    • Tenure: 10.3yrs
    • Compensation: US$373.14k

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$144.676m
  • Shares outstanding: 14.47m
  • 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 Analysis2019/08/24 23:38
End of Day Share Price2019/08/23 00:00
Earnings2019/07/13
Annual Earnings2018/12/29


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.