AS vs TRON vs GOLF Stock Comparison

Amer Sports, Tron and Acushnet Holdings Prices as of Oct 26, 2026 Peers: Industry group
AS Amer Sports, Inc.
$28.55 +2.8% 1M -10.1% 1Y
Market cap
$15.65B
P/E
28.6x
Revenue (TTM)
$7.44B
Div. yield
–
Sporting Goods Consumer Discretionary
4 wins
TRON Tron Inc.
$1.25 -13.2% 1M -53.9% 1Y
Market cap
$384.48M
P/E
191.4x
Revenue (TTM)
$4.84M
Div. yield
–
Toys Consumer Discretionary
1 win
GOLF Acushnet Holdings Corp.
$81.78 -1.5% 1M +0.0% 1Y
Market cap
$4.93B
P/E
22.4x
Revenue (TTM)
$2.71B
Div. yield
0.01%
Sporting Goods Consumer Discretionary
5 wins

Head to Head

10 decided of 12

Acushnet Holdings leads on 5 of the 12 questions below (Acushnet Holdings 5, Amer Sports 4, Tron 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionASTRONGOLFLeader
Larger companyMarket capitalisation $15.65B $384.48M $4.93B AS
Cheaper on earningsLower P/E, profitable companies only 28.6x 191.4x 22.4x GOLF
Cheaper on forward earningsLower price / next fiscal year consensus EPS 23.0x — 20.9x GOLF
Faster revenue growthRevenue growth, trailing twelve months +30.5% +10.0% +8.8% AS
More profitableNet margin, trailing twelve months 7.3% 41.6% 8.1% TRON
Better return on capitalReturn on invested capital 9.7% — 14.4% GOLF
Less leveragedLower net debt / EBITDA -0.4x — 2.1x AS
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.01% –
Better 1-year returnPrice return, last 12 months -10.1% -53.9% +0.0% GOLF
Better 5-year returnAnnualised price return, 5 years — — +10.7%/yr –
Less volatileAnnualised volatility, 1 year 39.8% 96.1% 30.1% GOLF
Higher overall scoreMean of the five percentile scores vs peers 60/100 54/100 53/100 AS

Percentile Scorecard

ASTRONGOLF

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

AxisASTRONGOLF
Valuation 42 #20 of 34 27 #25 of 34 30 #24 of 34
Growth 97 #2 of 32 71 #10 of 32 52 #16 of 32
Profitability 97 #2 of 32 23 #25 of 32 90 #4 of 32
Financial Health 59 #14 of 33 94 #3 of 33 38 #21 of 33
Shareholder Returns 6 #17 of 18 – 53 #9 of 18
Overall 60 54 53
  • AS ranked among 34 companies in Leisure Products
  • TRON ranked among 34 companies in Leisure Products
  • GOLF ranked among 34 companies in Leisure Products

Price Performance

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

Returns

PeriodASTRONGOLFSPY
1 month +2.8%-13.2%-1.5% -0.8%
3 months -18.9%-19.9%-21.4% +3.5%
6 months -19.4%-37.8%-15.6% +7.0%
Year to date -23.6%+0.8%+2.5% +12.2%
1 year -10.1%-53.9%+0.0% +13.0%
3 years —-17.2%+64.8% +86.3%
3 years, per year —-6.1%+18.1% +23.1%
5 years ——+66.0% +68.6%
5 years, per year ——+10.7% +11.0%

Risk

MeasureASTRONGOLFSPY
Volatility, 1Y 39.8%96.1%30.1% 12.7%
Downside volatility, 1Y 38.0%87.6%30.2% 12.7%
Beta vs S&P 500, 1Y 1.501.650.58 1.00
Return / volatility, 1Y -0.25-0.560.00 1.02
Max drawdown, 5Y -40.7%-94.3%-34.2% -25.4%
From 52-week high -32.0%-58.6%-31.0% -1.8%
52-week high $41.96$3.02$118.53 $779.14
52-week low $26.25$1.10$75.29 $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.

MultipleASTRONGOLF
P/E now vs peer median 29.0xmedian 17.8x 170.9xmedian 17.8x 22.2xmedian 17.8x
P/S now vs peer median 2.1xmedian 1.1x 70.9xmedian 1.1x 1.8xmedian 1.1x
EV/EBITDA now vs peer median 11.0xmedian 9.3x -152.4xmedian 9.3x 13.3xmedian 9.3x
P/FCF now vs peer median 22.9xmedian 10.4x -193.1xmedian 10.4x 26.0xmedian 10.4x
P/B now vs peer median 2.3xmedian 1.4x 1.4xmedian 1.4x 5.2xmedian 1.4x
PEG now vs peer median —median 0.33 —median 0.33 4.77median 0.33

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 monthsASTRONGOLF
Revenue $7.44B $4.84M $2.71B
Gross profit $4.45B $1.25M $1.33B
Operating income $956.70M -$2.47M $371.75M
Net income $567.80M $5.46M $220.35M
Free cash flow $694.70M -$1.78M $183.74M
R&D – – $78.67M
EPS (diluted) $0.97 $0.00 $3.67
Cash & equivalents $720.40M $9.92M $67.94M
Total debt $147.40M – $960.07M
Shares (diluted) 563.08M 476.45M 59.93M
Enterprise value $13.24B $348.21M $4.68B

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
MetricASTRONGOLF
P/E 29.0x 170.9x 22.2x
P/FCF 22.9x -193.1x 26.0x
P/Operating cash flow 16.6x -193.1x 17.7x
P/S 2.1x 70.9x 1.8x
P/B 2.3x 1.4x 5.2x
P/Tangible book 3.8x 1.4x 11.4x
EV/EBITDA 11.0x -152.4x 13.3x
EV/EBIT 16.0x -135.0x 15.2x
EV/Revenue 2.1x 68.9x 2.1x
EV/FCF 22.1x -187.5x 30.9x
EV/Operating cash flow 16.0x -187.5x 21.0x
PEG (3Y EPS CAGR) – – 4.77

Growth

14 metrics
MetricASTRONGOLF
Revenue growth (1Y) 30.5% 10.0% 8.8%
Revenue CAGR (3Y) – – 4.4%
Gross profit growth (1Y) 37.3% 30.4% 10.6%
Gross profit CAGR (3Y) – – 5.8%
Operating income growth (1Y) 52.3% 24.5% 23.4%
Operating income CAGR (3Y) – – 5.2%
Net income growth (1Y) 142.9% 266.8% -4.2%
Net income CAGR (3Y) – – -0.4%
EPS growth (1Y) 117.4% 102.2% -3.8%
EPS CAGR (3Y) – – 4.7%
Operating cash flow growth (1Y) 106.4% 6.2% 54.8%
Operating cash flow CAGR (3Y) – – 23.8%
Free cash flow growth (1Y) 170.6% 6.2% 89.5%
Free cash flow CAGR (3Y) – – 35.2%

Profitability

14 metrics
MetricASTRONGOLF
Gross margin 59.8% 25.8% 49.1%
EBITDA margin 18.8% -45.2% 15.7%
Operating margin 12.9% -51.0% 13.7%
Pretax margin 10.8% 98.3% 10.9%
Net margin 7.3% 41.6% 8.1%
FCF margin 9.3% -36.7% 6.8%
Operating cash flow margin 12.9% -36.7% 10.0%
Return on equity 8.3% -7.8% 25.1%
Return on assets 5.6% -7.7% 8.5%
Return on invested capital 9.7% – 14.4%
Return on capital employed 11.7% -1.1% 17.8%
Asset turnover 0.7x 0.0x 1.0x
Cash conversion (OCF / net income) 1.7x -0.3x 1.2x
Stock comp / revenue 0.7% – 1.2%

Financial Health

11 metrics
MetricASTRONGOLF
Debt / assets 1.4% – 37.3%
Debt / equity 0.0x – 1.0x
Net debt / EBITDA -0.4x – 2.1x
Debt / FCF 0.2x – 5.2x
Liabilities / assets 32.9% 1.1% 64.1%
Equity / assets 67.1% 98.9% 35.9%
Interest coverage 10.6x -65.4x –
Current ratio 1.8x 30.9x 2.6x
Quick ratio 0.7x 12.5x 1.1x
Cash ratio 0.4x 11.5x 0.1x
Altman Z-score 4.04 74.68 3.78

Shareholder Returns

7 metrics
MetricASTRONGOLF
Dividend yield – – 1.2%
Net buyback yield -5.4% – 2.4%
Shareholder yield -5.4% – 3.6%
Payout ratio (earnings) – – 26.5%
Payout ratio (FCF) – – 31.7%
Dividend growth (1Y) – – 6.3%
Dividend CAGR (3Y) – – 3.4%

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.

ConsensusASTRONGOLF
Forward P/E 23.0xFY2026 – 20.9xFY2026
EPS, next fiscal year $1.24FY2026 – $3.91FY2026
EPS growth, next FY +27.8%FY2026 – +25.7%FY2026
EPS growth, the year after +40.3% – +2.0%
Revenue, next fiscal year $7.73BFY2026 – $2.60BFY2026
Revenue growth, next FY +17.7%FY2026 – +1.4%FY2026
Revenue growth, the year after +16.5% – +10.4%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersASTRONGOLF
Held by institutions 38.1% 2.3% 53.9%
Institutions holding 354 56 340
Change in shares held, QoQ +4.1% +60.3% -0.7%
Institutions buying 236 44 150
Institutions selling 87 10 130
Buyers to sellers 2.71 4.40 1.15

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.

ASTRONGOLF
AS 1.00 0.13 0.35
TRON 0.13 1.00 0.21
GOLF 0.35 0.21 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, AS, TRON and GOLF?

Amer Sports (AS) is the largest by market capitalisation: Amer Sports (AS) $15.65B, Tron (TRON) $384.48M, Acushnet Holdings (GOLF) $4.93B.

Which stock is cheaper, AS, TRON and GOLF?

Acushnet Holdings (GOLF) trades on the lowest price-to-earnings ratio (Amer Sports (AS) 28.6x, Tron (TRON) 191.4x, Acushnet Holdings (GOLF) 22.4x). On next year's consensus earnings, Acushnet Holdings (GOLF) is cheapest (Amer Sports (AS) 23.0x, Acushnet Holdings (GOLF) 20.9x). 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%, Tron (TRON) +10.0%, Acushnet Holdings (GOLF) +8.8%.

Which company is more profitable?

Tron (TRON) has the highest net margin (Amer Sports (AS) 7.3%, Tron (TRON) 41.6%, Acushnet Holdings (GOLF) 8.1%). On return on invested capital, Acushnet Holdings (GOLF) leads (Amer Sports (AS) 9.7%, Acushnet Holdings (GOLF) 14.4%).

Which stock has performed better?

Over the past year Acushnet Holdings (GOLF) returned the most: Amer Sports (AS) -10.1%, Tron (TRON) -53.9%, Acushnet Holdings (GOLF) +0.0%. Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Amer Sports (AS) 0.00%, Tron (TRON) 0.00%, Acushnet Holdings (GOLF) 0.01%. Amer Sports (AS) and Tron (TRON) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Acushnet Holdings (GOLF) has been the steadiest (Amer Sports (AS) 39.8%, Tron (TRON) 96.1%, Acushnet Holdings (GOLF) 30.1%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, AS, TRON and GOLF?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Acushnet Holdings (GOLF) leads on 5. 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.