Callaway Golf
Market Cap
US$5.4b
Last Updated
2021/04/19 23:35 UTC
Data Sources
Company Financials +
Executive Summary
Callaway Golf Company, together with its subsidiaries, designs, manufactures, and sells golf clubs and golf balls, apparel, gear, and other products. More Details
Snowflake Analysis
Reasonable growth potential with imperfect balance sheet.
Similar Companies
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 is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: ELY's weekly volatility (6%) has been stable over the past year.
Market Performance
7 Day Return
2.9%
ELY
1.6%
US Leisure
1.3%
US Market
1 Year Return
170.8%
ELY
143.4%
US Leisure
53.8%
US Market
Return vs Industry: ELY exceeded the US Leisure industry which returned 143.4% over the past year.
Return vs Market: ELY exceeded the US Market which returned 53.8% over the past year.
Shareholder returns
| ELY | Industry | Market | |
|---|---|---|---|
| 7 Day | 2.9% | 1.6% | 1.3% |
| 30 Day | 1.3% | 4.6% | 5.1% |
| 90 Day | 5.7% | -5.1% | 8.9% |
| 1 Year | 171.0%170.8% | 147.9%143.4% | 56.6%53.8% |
| 3 Year | 72.2%71.4% | 52.9%44.2% | 64.4%53.6% |
| 5 Year | 212.4%208.8% | 32.9%20.4% | 120.4%95.7% |
Long-Term 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
2 months ago | Simply Wall St
Introducing Callaway Golf (NYSE:ELY), The Stock That Zoomed 275% In The Last Five Years5 months ago | Simply Wall St
Callaway Golf Company Just Beat EPS By 61%: Here's What Analysts Think Will Happen Next6 months ago | Simply Wall St
Does Callaway Golf (NYSE:ELY) Have A Healthy Balance Sheet?Valuation
Is Callaway Golf undervalued compared to its fair value and its price relative to the market?
4.02x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: ELY ($29.14) is trading above our estimate of fair value ($9.52)
Significantly Below Fair Value: ELY is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: ELY is unprofitable, so we can't compare its PE Ratio to the US Leisure industry average.
PE vs Market: ELY is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate ELY's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ELY is good value based on its PB Ratio (4.1x) compared to the US Leisure industry average (4.6x).
Future Growth
How is Callaway Golf forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?
99.2%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ELY is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).
Earnings vs Market: ELY is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: ELY's is expected to become profitable in the next 3 years.
Revenue vs Market: ELY's revenue (17.6% per year) is forecast to grow faster than the US market (9.3% per year).
High Growth Revenue: ELY's revenue (17.6% 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 ELY's Return on Equity is forecast to be high in 3 years time
Past Performance
How has Callaway Golf performed over the past 5 years?
-30.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ELY is currently unprofitable.
Growing Profit Margin: ELY is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: ELY is unprofitable, and losses have increased over the past 5 years at a rate of 30.1% per year.
Accelerating Growth: Unable to compare ELY's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: ELY is unprofitable, making it difficult to compare its past year earnings growth to the Leisure industry (103.2%).
Return on Equity
High ROE: ELY has a negative Return on Equity (-18.79%), as it is currently unprofitable.
Financial Health
How is Callaway Golf's financial position?
Financial Position Analysis
Short Term Liabilities: ELY's short term assets ($912.6M) exceed its short term liabilities ($391.3M).
Long Term Liabilities: ELY's short term assets ($912.6M) do not cover its long term liabilities ($913.7M).
Debt to Equity History and Analysis
Debt Level: ELY's debt to equity ratio (104.4%) is considered high.
Reducing Debt: ELY's debt to equity ratio has increased from 3.8% to 104.4% over the past 5 years.
Debt Coverage: ELY's debt is well covered by operating cash flow (32.4%).
Interest Coverage: ELY is unprofitable, therefore interest payments are not well covered by earnings.
Balance Sheet
Dividend
What is Callaway Golf current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate ELY's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate ELY's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if ELY's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ELY's dividend payments have been 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.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
7.9yrs
Average management tenure
CEO
Chip Brewer (56 yo)
9.08yrs
Tenure
US$4,929,381
Compensation
Mr. Oliver G. Brewer, III, also known as Chip, has been the President and Chief Executive Officer at Callaway Golf Company since March 5, 2012. Mr. Brewer served as the Chief Executive Officer of Adams Gol...
CEO Compensation Analysis
Compensation vs Market: Chip's total compensation ($USD4.93M) is about average for companies of similar size in the US market ($USD5.16M).
Compensation vs Earnings: Chip's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: ELY's management team is seasoned and experienced (7.9 years average tenure).
Board Members
Experienced Board: ELY's board of directors are considered experienced (4.3 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 been substantially diluted in the past year, with total shares outstanding growing by 96.2%.
Top Shareholders
Company Information
Callaway Golf Company's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Callaway Golf Company
- Ticker: ELY
- Exchange: NYSE
- Founded: 1982
- Industry: Leisure Products
- Sector: Consumer Durables
- Market Cap: US$5.381b
- Shares outstanding: 184.67m
- Website: https://www.callawaygolf.com
Number of Employees
Location
- Callaway Golf Company
- 2180 Rutherford Road
- Carlsbad
- California
- 92008
- United States
Listings
Biography
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 A...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/04/19 23:35 |
| End of Day Share Price | 2021/04/19 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/12/31 |
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.