AS vs CALY vs ESCA Stock Comparison

Amer Sports, Callaway Golf and Escalade Prices as of Oct 23, 2026 Peers: Industry group
AS Amer Sports, Inc.
$28.26 +5.0% 1M -10.7% 1Y
Market cap
$15.69B
P/E
28.7x
Revenue (TTM)
$7.44B
Div. yield
–
Sporting Goods Consumer Discretionary
2 wins
CALY Callaway Golf Co
$14.12 -3.2% 1M +41.2% 1Y
Market cap
$2.56B
P/E
–
Revenue (TTM)
$2.13B
Div. yield
–
Sporting Goods Consumer Discretionary
1 win
ESCA Escalade Inc
$18.54 -2.8% 1M +56.1% 1Y
Market cap
$258.76M
P/E
11.2x
Revenue (TTM)
$243.83M
Div. yield
–
Sporting Goods Consumer Discretionary
8 wins

Head to Head

11 decided of 12

Escalade leads on 8 of the 12 questions below (Escalade 8, Amer Sports 2, Callaway Golf 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionASCALYESCALeader
Larger companyMarket capitalisation $15.69B $2.56B $258.76M AS
Cheaper on earningsLower P/E, profitable companies only 28.7x -9.7x 11.2x ESCA
Cheaper on forward earningsLower price / next fiscal year consensus EPS 22.8x 19.6x 11.5x ESCA
Faster revenue growthRevenue growth, trailing twelve months +30.5% +3.7% +1.0% AS
More profitableNet margin, trailing twelve months 7.3% -12.4% 9.5% ESCA
Better return on capitalReturn on invested capital 9.7% 5.4% 11.9% ESCA
Less leveragedLower net debt / EBITDA -0.4x -1.6x 0.0x CALY
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -10.7% +41.2% +56.1% ESCA
Better 5-year returnAnnualised price return, 5 years — -12.5%/yr -0.8%/yr ESCA
Less volatileAnnualised volatility, 1 year 39.8% 50.8% 37.6% ESCA
Higher overall scoreMean of the five percentile scores vs peers 60/100 67/100 76/100 ESCA

Percentile Scorecard

ASCALYESCA

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisASCALYESCA
Valuation 42 #20 of 34 79 #8 of 34 94 #3 of 34
Growth 100 #1 of 32 36 #21 of 32 55 #15 of 32
Profitability 94 #3 of 32 61 #13 of 32 90 #4 of 32
Financial Health 59 #14 of 33 75 #9 of 33 69 #11 of 33
Shareholder Returns 6 #17 of 18 82 #4 of 18 71 #6 of 18
Overall 60 67 76
  • AS ranked among 34 companies in Leisure Products
  • CALY ranked among 34 companies in Leisure Products
  • ESCA ranked among 34 companies in Leisure Products

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodASCALYESCASPY
1 month +5.0%-3.2%-2.8% -1.0%
3 months -16.6%-22.3%-0.5% +2.9%
6 months -21.1%-7.8%+2.5% +6.4%
Year to date -24.3%+21.0%+37.4% +11.4%
1 year -10.7%+41.2%+56.1% +13.1%
3 years —+9.3%+15.9% +79.4%
3 years, per year —+3.0%+5.0% +21.5%
5 years —-48.8%-3.9% +67.7%
5 years, per year —-12.5%-0.8% +10.9%
10 years —+32.1%+50.1% +255.2%
10 years, per year —+2.8%+4.1% +13.5%

Risk

MeasureASCALYESCASPY
Volatility, 1Y 39.8%50.8%37.6% 12.7%
Downside volatility, 1Y 38.0%46.2%32.8% 12.7%
Beta vs S&P 500, 1Y 1.501.220.61 1.00
Return / volatility, 1Y -0.270.811.49 1.03
Max drawdown, 5Y -40.7%-81.8%-54.1% -25.4%
From 52-week high -32.7%-28.2%-18.0% -2.5%
52-week high $41.96$19.66$22.60 $779.14
52-week low $26.25$8.81$11.41 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleASCALYESCA
P/E now vs peer median 28.7xmedian 21.3x -9.6xmedian 21.3x 11.1xmedian 21.3x
P/S now vs peer median 2.1xmedian 1.1x 1.2xmedian 1.1x 1.0xmedian 1.1x
EV/EBITDA now vs peer median 10.9xmedian 10.1x 16.6xmedian 10.1x 7.2xmedian 10.1x
P/FCF now vs peer median 22.7xmedian 11.4x 7.4xmedian 11.4x 9.8xmedian 11.4x
P/B now vs peer median 2.3xmedian 1.5x 1.2xmedian 1.5x 1.4xmedian 1.5x
PEG now vs peer median —median 0.34 0.15median 0.34 0.28median 0.34

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsASCALYESCA
Revenue $7.44B $2.13B $243.83M
Gross profit $4.45B $1.01B $68.68M
Operating income $956.70M $203.70M $30.22M
Net income $567.80M -$263.40M $23.07M
Free cash flow $694.70M $338.70M $25.92M
R&D – $55.40M –
EPS (diluted) $0.97 $-1.39 $1.66
Cash & equivalents $720.40M $278.10M $16.39M
Total debt $147.40M $50.80M $73.81M
Shares (diluted) 563.08M 190.10M 13.90M
Enterprise value $13.28B $12.53M $213.93M

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricASCALYESCA
P/E 28.7x -9.6x 11.1x
P/FCF 22.7x 7.4x 9.8x
P/Operating cash flow 16.4x 6.8x 8.9x
P/S 2.1x 1.2x 1.0x
P/B 2.3x 1.2x 1.4x
P/Tangible book 3.8x 1.2x 1.6x
EV/EBITDA 10.9x 16.6x 7.2x
EV/EBIT 15.9x 11.3x 8.4x
EV/Revenue 2.0x 1.1x 1.0x
EV/FCF 21.9x 6.8x 9.8x
EV/Operating cash flow 15.8x 6.2x 8.8x
PEG (3Y EPS CAGR) – 0.15 0.28

Growth

14 metrics
MetricASCALYESCA
Revenue growth (1Y) 30.5% 3.7% 1.0%
Revenue CAGR (3Y) – -20.2% -3.5%
Gross profit growth (1Y) 37.3% 4.4% 12.7%
Gross profit CAGR (3Y) – -28.5% 6.1%
Operating income growth (1Y) 52.3% 23.6% 61.1%
Operating income CAGR (3Y) – -4.0% 24.9%
Net income growth (1Y) 142.9% 82.4% 80.1%
Net income CAGR (3Y) – -64.3% 40.3%
EPS growth (1Y) 117.4% 82.8% 80.2%
EPS CAGR (3Y) – -66.0% 40.1%
Operating cash flow growth (1Y) 106.4% 36.9% -27.8%
Operating cash flow CAGR (3Y) – 254.0% 9.8%
Free cash flow growth (1Y) 170.6% -5.1% -31.8%
Free cash flow CAGR (3Y) – 37.6% 8.8%

Profitability

14 metrics
MetricASCALYESCA
Gross margin 59.8% 47.5% 28.2%
EBITDA margin 18.8% 6.5% 14.5%
Operating margin 12.9% 9.6% 12.4%
Pretax margin 10.8% 12.2% 12.3%
Net margin 7.3% -12.4% 9.5%
FCF margin 9.3% 15.9% 10.6%
Operating cash flow margin 12.9% 17.5% 11.8%
Return on equity 8.3% -8.3% 12.9%
Return on assets 5.6% -5.9% 10.0%
Return on invested capital 9.7% 5.4% 11.9%
Return on capital employed 11.7% 7.9% 16.2%
Asset turnover 0.7x 0.7x 1.1x
Cash conversion (OCF / net income) 1.7x -1.4x 1.2x
Stock comp / revenue 0.7% 1.2% 0.6%

Financial Health

11 metrics
MetricASCALYESCA
Debt / assets 1.4% 1.8% 6.3%
Debt / equity 0.0x 0.0x 0.1x
Net debt / EBITDA -0.4x -1.6x 0.0x
Debt / FCF 0.2x 0.1x 0.6x
Liabilities / assets 32.9% 22.3% 22.1%
Equity / assets 67.1% 77.7% 77.9%
Interest coverage 10.6x 4.5x 40.7x
Current ratio 1.8x 3.0x 3.2x
Quick ratio 0.7x 1.4x 1.4x
Cash ratio 0.4x 0.7x 0.4x
Altman Z-score 4.02 3.43 6.00

Shareholder Returns

7 metrics
MetricASCALYESCA
Dividend yield – – 3.2%
Net buyback yield -5.5% 3.4% 0.9%
Shareholder yield -5.5% 3.4% 4.1%
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusASCALYESCA
Forward P/E 22.8xFY2026 19.6xFY2026 11.5xFY2026
EPS, next fiscal year $1.24FY2026 $0.72FY2026 $1.61FY2026
EPS growth, next FY +27.8%FY2026 +242.9%FY2026 +62.6%FY2026
EPS growth, the year after +40.3% +31.9% -27.3%
Revenue, next fiscal year $7.73BFY2026 $2.02BFY2026 $256.64MFY2026
Revenue growth, next FY +17.7%FY2026 -2.1%FY2026 +6.9%FY2026
Revenue growth, the year after +16.5% +1.3% -7.4%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersASCALYESCA
Held by institutions 38.1% 86.2% 30.6%
Institutions holding 354 316 85
Change in shares held, QoQ +4.1% +0.7% +0.4%
Institutions buying 236 170 32
Institutions selling 87 92 33
Buyers to sellers 2.71 1.85 0.97

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

ASCALYESCA
AS 1.00 0.21 0.16
CALY 0.21 1.00 0.24
ESCA 0.16 0.24 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, AS, CALY and ESCA?

Amer Sports (AS) is the largest by market capitalisation: Amer Sports (AS) $15.69B, Callaway Golf (CALY) $2.56B, Escalade (ESCA) $258.76M.

Which stock is cheaper, AS, CALY and ESCA?

Escalade (ESCA) trades on the lowest price-to-earnings ratio (Amer Sports (AS) 28.7x, Callaway Golf (CALY) -9.7x, Escalade (ESCA) 11.2x). On next year's consensus earnings, Escalade (ESCA) is cheapest (Amer Sports (AS) 22.8x, Callaway Golf (CALY) 19.6x, Escalade (ESCA) 11.5x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Amer Sports (AS) grew revenue fastest over the trailing twelve months: Amer Sports (AS) +30.5%, Callaway Golf (CALY) +3.7%, Escalade (ESCA) +1.0%.

Which company is more profitable?

Escalade (ESCA) has the highest net margin (Amer Sports (AS) 7.3%, Callaway Golf (CALY) -12.4%, Escalade (ESCA) 9.5%). On return on invested capital, Escalade (ESCA) leads (Amer Sports (AS) 9.7%, Callaway Golf (CALY) 5.4%, Escalade (ESCA) 11.9%).

Which stock has performed better?

Over the past year Escalade (ESCA) returned the most: Amer Sports (AS) -10.7%, Callaway Golf (CALY) +41.2%, Escalade (ESCA) +56.1%. Over five years, Escalade (ESCA) compounded fastest (Callaway Golf (CALY) -12.5%/yr, Escalade (ESCA) -0.8%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Escalade (ESCA) has been the steadiest (Amer Sports (AS) 39.8%, Callaway Golf (CALY) 50.8%, Escalade (ESCA) 37.6%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, AS, CALY and ESCA?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Escalade (ESCA) leads on 8. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.