Company Valuation: Callaway Golf Company

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027
Capitalization 1 5,104 3,651 2,646 1,445 2,146 2,421 -
Change - -28.48% -27.52% -45.39% 48.52% 12.81% -
Enterprise Value (EV) 1 6,247 6,142 5,290 3,923 2,146 3,175 2,955
Change - -1.69% -13.87% -25.83% -45.31% 47.97% -6.95%
P/E ratio 15.1x 24.1x 28.7x -1x 55.6x 28.1x 23x
PBR 1.38x 0.97x 0.68x 0.6x - 0.96x 0.93x
PEG - -0.4x -0.7x 0x -1x 0x 1x
Capitalization / Revenue 1.63x 0.91x 0.62x 0.34x 1.04x 1.19x 1.16x
EV / Revenue 1.99x 1.54x 1.23x 0.93x 1.04x 1.56x 1.41x
EV / EBITDA 14x 11x 8.87x 6.68x 9.65x 16.8x 13.8x
EV / EBIT 24.4x 20.7x 17.6x 15.3x 16x 25.9x 19.7x
EV / FCF -142x -10.8x -45.1x 45.1x - 28.8x 25.3x
FCF Yield -0.7% -9.24% -2.22% 2.22% - 3.47% 3.95%
Dividend per Share 2 0.01 - - - - - -
Rate of return 0.04% - - - - - -
EPS 2 1.82 0.82 0.5 -7.88 0.21 0.4683 0.5717
Distribution rate 0.55% - - - - - -
Net sales 1 3,133 3,996 4,285 4,239 2,060 2,040 2,095
EBITDA 1 445.4 558.1 596.6 587.7 222.4 189.1 214.5
EBIT 1 255.9 297.3 300.1 255.9 134.1 122.5 149.9
Net income 1 322 157.9 95 -1,448 38.8 85.81 103.7
Net Debt 1 1,143 2,491 2,644 2,479 - 754.5 533.8
Reference price 2 27.44 19.75 14.34 7.86 11.67 13.15 13.15
Nbr of stocks (in thousands) 186,014 184,848 184,517 183,824 183,884 184,094 -
Announcement Date 2/10/22 2/9/23 2/13/24 2/24/25 2/12/26 - -
1USD in Million2USD
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
28.08x1.56x16.79x-.--% 2.42B
24.98x2.39x14.89x1% 5.44B
21.11x2.28x9.96x3.02% 4.49B
31.17x3.14x15.19x2.14% 3.82B
24.27x1.63x13.59x0.72% 1.8B
16.1x0.98x9.3x1.66% 1.72B
25.57x0.71x3.54x-.--% 1.6B
13.34x - - - 1.23B
41.06x - - 2.28% 757M
47.37x1.51x7.97x-.--% 716M
Average 27.31x 1.77x 11.41x 1.2% 2.4B
Weighted average by Cap. 25.48x 2.08x 12.55x 1.45%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

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  4. Valuation Callaway Golf Company
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