Callaway Golf Company, together with its subsidiaries, designs, manufactures, and sells golf clubs and golf balls, apparel, gear, and other products.
Fair value with mediocre balance sheet.
Share Price & News
How has Callaway Golf's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ELY's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: ELY underperformed the US Leisure industry which returned -29.2% over the past year.
Return vs Market: ELY underperformed the US Market which returned -13.6% over the past year.
Price Volatility Vs. Market
How volatile is Callaway Golf's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StA Sliding Share Price Has Us Looking At Callaway Golf Company's (NYSE:ELY) P/E Ratio
3 weeks ago | Simply Wall StWhat Is Callaway Golf's (NYSE:ELY) P/E Ratio After Its Share Price Tanked?
3 weeks ago | Simply Wall StBefore You Buy Callaway Golf Company (NYSE:ELY), Consider Its Volatility
Is Callaway Golf undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: ELY ($9.58) is trading above our estimate of fair value ($1.01)
Significantly Below Fair Value: ELY is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: ELY is poor value based on its PE Ratio (11.4x) compared to the Leisure industry average (11.2x).
PE vs Market: ELY is good value based on its PE Ratio (11.4x) compared to the US market (12.9x).
Price to Earnings Growth Ratio
PEG Ratio: ELY is good value based on its PEG Ratio (0.7x)
Price to Book Ratio
PB vs Industry: ELY is good value based on its PB Ratio (1.2x) compared to the US Leisure industry average (2x).
How is Callaway Golf forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ELY's forecast earnings growth (15.8% per year) is above the savings rate (1.7%).
Earnings vs Market: ELY's earnings (15.8% per year) are forecast to grow faster than the US market (12.3% per year).
High Growth Earnings: ELY's earnings are forecast to grow, but not significantly.
Revenue vs Market: ELY's revenue (3.1% per year) is forecast to grow slower than the US market (7.2% per year).
High Growth Revenue: ELY's revenue (3.1% 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 ELY's Return on Equity is forecast to be high in 3 years time
How has Callaway Golf performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ELY has high quality earnings.
Growing Profit Margin: ELY's current net profit margins (4.7%) are lower than last year (8.4%).
Past Earnings Growth Analysis
Earnings Trend: ELY's earnings have grown significantly by 24% per year over the past 5 years.
Accelerating Growth: ELY's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: ELY had negative earnings growth (-24.2%) over the past year, making it difficult to compare to the Leisure industry average (-3.4%).
Return on Equity
High ROE: ELY's Return on Equity (10.3%) is considered low.
How is Callaway Golf's financial position?
Financial Position Analysis
Short Term Liabilities: ELY's short term assets ($789.4M) exceed its short term liabilities ($523.2M).
Long Term Liabilities: ELY's short term assets ($789.4M) exceed its long term liabilities ($669.9M).
Debt to Equity History and Analysis
Debt Level: ELY's debt to equity ratio (78.7%) is considered high.
Reducing Debt: ELY's debt to equity ratio has increased from 42.5% to 78.7% over the past 5 years.
Debt Coverage: ELY's debt is not well covered by operating cash flow (14.3%).
Interest Coverage: ELY's interest payments on its debt are well covered by EBIT (3.6x coverage).
Inventory Level: ELY has a high level of physical assets or inventory.
Debt Coverage by Assets: ELY's debt is covered by short term assets (assets are 1.3x debt).
What is Callaway Golf's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: ELY's dividend (0.42%) isn’t notable compared to the bottom 25% of dividend payers in the US market (2%).
High Dividend: ELY's dividend (0.42%) is low compared to the top 25% of dividend payers in the US market (5.56%).
Stability and Growth of Payments
Stable Dividend: ELY is not paying a notable dividend for the US market, therefore no need to check if payments are stable.
Growing Dividend: ELY is not paying a notable dividend for the US market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: ELY is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of ELY's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Chip Brewer (55yo)
Mr. Oliver G. Brewer, III, also known as Chip, has been the President and Chief Executive Officer at Callaway Golf Company. since March 5, 2012. Mr. Brewer served as the Chief Executive Officer of Adams Go ...
CEO Compensation Analysis
Compensation vs Market: Chip's total compensation ($USD5.83M) is above average for companies of similar size in the US market ($USD3.20M).
Compensation vs Earnings: Chip's compensation has been consistent with company performance over the past year.
|Executive VP & CFO||3yrs||US$1.43m||0.065% $583.3k|
|Executive Vice President of Global Operations||8yrs||US$1.15m||0.21% $1.9m|
|Executive Vice President of Callaway Golf||1.25yrs||US$1.14m||0.032% $285.2k|
|Chief Executive Officer of Jack Wolfskin||5.42yrs||US$2.14m||no data|
|VP & Chief Accounting Officer||6.92yrs||no data||0.047% $428.1k|
|Vice President of Finance & Investor Relations||no data||no data||no data|
|VP, General Counsel & Corporate Secretary||no data||no data||no data|
|Senior Vice President of Global Human Resources||no data||no data||no data|
|MD & President of Europe||8.75yrs||US$1.06m||no data|
Experienced Management: ELY's management team is seasoned and experienced (6.9 years average tenure).
|Independent Director||17yrs||US$188.31k||0.096% $861.4k|
|Independent Director||11.08yrs||US$185.81k||0.067% $605.1k|
|Independent Director||16yrs||US$173.31k||0.053% $474.6k|
|Independent Director||1.92yrs||US$173.31k||0.017% $152.1k|
|Independent Director||17yrs||US$173.31k||0.088% $789.7k|
|Independent Chairman of the Board||14.67yrs||US$213.31k||0.093% $840.4k|
|Independent Director||10.25yrs||US$183.31k||0.065% $582.3k|
|Independent Director||4.67yrs||US$173.31k||0.030% $270.4k|
|Independent Director||1.42yrs||US$173.31k||0.0047% $42.7k|
Experienced Board: ELY's board of directors are seasoned and experienced ( 10.7 years average tenure).
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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Callaway Golf Company's company bio, employee growth, exchange listings and data sources
- Name: Callaway Golf Company
- Ticker: ELY
- Exchange: NYSE
- Founded: 1982
- Industry: Leisure Products
- Sector: Consumer Durables
- Market Cap: US$901.554m
- Shares outstanding: 94.11m
- Website: https://www.callawaygolf.com
Number of Employees
- Callaway Golf Company
- 2180 Rutherford Road
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|ELY||NYSE (New York Stock Exchange)||Yes||Common Stock||US||USD||Feb 1992|
|CLY||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Feb 1992|
|CLY||BRSE (Berne Stock Exchange)||Yes||Common Stock||CH||CHF||Feb 1992|
Callaway Golf Company, together with its subsidiaries, designs, manufactures, and sells golf clubs and golf balls, apparel, gear, and other products. It operates through two segments, Golf Equipment; and Apparel, Gear and Other. The Golf Equipment segment provides drivers, fairway woods, hybrids, irons, wedges and packaged sets, putters, and pre-owned golf clubs under the Callaway and Odyssey brands, as well as golf balls under the Callaway Golf and Strata brand names. The Apparel, Gear and Other segment offers golf apparel and footwear; golf accessories, including golf bags, golf gloves, headwear, and practice aids under the Callaway brand; and golf and lifestyle apparel, hats, luggage and accessories, footwear, belts, hats, socks, and underwear under the TravisMathew brand name. This segment also provides storage gear for sport and personal use, including backpacks; travel, duffel, and golf bags; and storage gear accessories, as well as outerwear, headwear, and accessories under the OGIO brand. In addition, it offers outdoor apparel, such as jackets, and trousers and tops; and footwear and outdoor equipment, including packs and bags, travel bags, tents, sleeping bags, and accessories. The company sells its products through golf retailers, sporting goods retailers, mass merchants, Internet retailers, department stores, field representatives, on-line retailers, mail order stores, and in-house sales representatives, as well as to third-party distributors in the United States and approximately 100 countries. It also offers pre-owned golf products through its Website callawaygolfpreowned.com; and OGIO and TravisMathew products through its Websites callawaygolf.com, odysseygolf.com, ogio.com, and travismathew.com. The company was incorporated in 1982 and is headquartered in Carlsbad, California.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/02 23:33|
|End of Day Share Price||2020/04/02 00:00|
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.