GOLF vs AS Stock Comparison

Acushnet Holdings and Amer Sports Prices as of Oct 26, 2026 Peers: Industry group
GOLF Acushnet Holdings Corp.
$81.78 -1.5% 1M +0.0% 1Y
Market cap
$4.95B
P/E
22.5x
Revenue (TTM)
$2.71B
Div. yield
0.01%
Sporting Goods Consumer Discretionary
6 wins
AS Amer Sports, Inc.
$28.55 +2.8% 1M -10.1% 1Y
Market cap
$15.72B
P/E
28.8x
Revenue (TTM)
$7.44B
Div. yield
–
Sporting Goods Consumer Discretionary
4 wins

Head to Head

10 decided of 12

Acushnet Holdings leads on 6 of the 12 questions below (Acushnet Holdings 6, Amer Sports 4). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionGOLFASLeader
Larger companyMarket capitalisation $4.95B $15.72B AS
Cheaper on earningsLower P/E, profitable companies only 22.5x 28.8x GOLF
Cheaper on forward earningsLower price / next fiscal year consensus EPS 20.9x 23.0x GOLF
Faster revenue growthRevenue growth, trailing twelve months +8.8% +30.5% AS
More profitableNet margin, trailing twelve months 8.1% 7.3% GOLF
Better return on capitalReturn on invested capital 14.4% 9.7% GOLF
Less leveragedLower net debt / EBITDA 2.1x -0.4x AS
Higher dividend yieldTrailing dividend yield 0.01% 0.00% –
Better 1-year returnPrice return, last 12 months +0.0% -10.1% GOLF
Better 5-year returnAnnualised price return, 5 years +10.7%/yr — –
Less volatileAnnualised volatility, 1 year 30.1% 39.8% GOLF
Higher overall scoreMean of the five percentile scores vs peers 53/100 60/100 AS

Percentile Scorecard

GOLFAS

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

AxisGOLFAS
Valuation 30 #24 of 34 42 #20 of 34
Growth 52 #16 of 32 97 #2 of 32
Profitability 90 #4 of 32 97 #2 of 32
Financial Health 38 #21 of 33 59 #14 of 33
Shareholder Returns 53 #9 of 18 6 #17 of 18
Overall 53 60
  • GOLF ranked among 34 companies in Leisure Products
  • AS ranked among 34 companies in Leisure Products

Price Performance

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

Returns

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

Risk

MeasureGOLFASSPY
Volatility, 1Y 30.1%39.8% 12.7%
Downside volatility, 1Y 30.2%38.0% 12.7%
Beta vs S&P 500, 1Y 0.581.50 1.00
Return / volatility, 1Y 0.00-0.25 1.02
Max drawdown, 5Y -34.2%-40.7% -25.4%
From 52-week high -31.0%-32.0% -1.8%
52-week high $118.53$41.96 $779.14
52-week low $75.29$26.25 $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.

MultipleGOLFAS
P/E now vs peer median 22.2xmedian 17.8x 29.0xmedian 17.8x
P/S now vs peer median 1.8xmedian 1.1x 2.1xmedian 1.1x
EV/EBITDA now vs peer median 13.3xmedian 9.3x 11.0xmedian 9.3x
P/FCF now vs peer median 26.0xmedian 10.4x 22.9xmedian 10.4x
P/B now vs peer median 5.2xmedian 1.4x 2.3xmedian 1.4x
PEG now vs peer median 4.77median 0.33 —median 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 monthsGOLFAS
Revenue $2.71B $7.44B
Gross profit $1.33B $4.45B
Operating income $371.75M $956.70M
Net income $220.35M $567.80M
Free cash flow $183.74M $694.70M
R&D $78.67M –
EPS (diluted) $3.67 $0.97
Cash & equivalents $67.94M $720.40M
Total debt $960.07M $147.40M
Shares (diluted) 59.93M 563.08M
Enterprise value $4.69B $13.31B

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

Growth

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

Profitability

14 metrics
MetricGOLFAS
Gross margin 49.1% 59.8%
EBITDA margin 15.7% 18.8%
Operating margin 13.7% 12.9%
Pretax margin 10.9% 10.8%
Net margin 8.1% 7.3%
FCF margin 6.8% 9.3%
Operating cash flow margin 10.0% 12.9%
Return on equity 25.1% 8.3%
Return on assets 8.5% 5.6%
Return on invested capital 14.4% 9.7%
Return on capital employed 17.8% 11.7%
Asset turnover 1.0x 0.7x
Cash conversion (OCF / net income) 1.2x 1.7x
Stock comp / revenue 1.2% 0.7%

Financial Health

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

Shareholder Returns

7 metrics
MetricGOLFAS
Dividend yield 1.2% –
Net buyback yield 2.4% -5.4%
Shareholder yield 3.6% -5.4%
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.

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

Institutional Ownership

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

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.

GOLFAS
GOLF 1.00 0.34
AS 0.34 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, GOLF and AS?

Amer Sports (AS) is the largest by market capitalisation: Acushnet Holdings (GOLF) $4.95B, Amer Sports (AS) $15.72B.

Which stock is cheaper, GOLF and AS?

Acushnet Holdings (GOLF) trades on the lowest price-to-earnings ratio (Acushnet Holdings (GOLF) 22.5x, Amer Sports (AS) 28.8x). On next year's consensus earnings, Acushnet Holdings (GOLF) is cheapest (Acushnet Holdings (GOLF) 20.9x, Amer Sports (AS) 23.0x). 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: Acushnet Holdings (GOLF) +8.8%, Amer Sports (AS) +30.5%.

Which company is more profitable?

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

Which stock has performed better?

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

Which pays a higher dividend?

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

Which stock is riskier?

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

Do GOLF and AS move together?

Their daily returns over the past year have a correlation of 0.34, a weak relationship. Holding both diversifies more than two closely linked stocks would.

Which is the better stock, GOLF and AS?

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 6. 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.