Golf.K
GOLF.K operates in the recreational products industry, manufacturing and selling golf equipment and accessories, primarily generating revenue through direct-to-consumer sales and wholesale partnerships.
Business. GOLF.K operates in the recreational products industry, manufacturing and selling golf equipment and accessories, primarily generating revenue through direct-to-consumer sales and wholesale partnerships.
Analyst recommendations
8 analysts · consensus HoldAt a glance
What drives this business
The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.
News & coverage
0Sector rotation
Developing storylines
Analysis
AI analysisOpportunity
Upcoming catalysts
Scheduled public events. Informational only — not investment advice.
- Company
- EarningsQ3 2026 earnings (expected)2026-10-28 · estimated
- Macro
- Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
- Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
- Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
- Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
- Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
- Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
- Macro & political
- ElectionSE Swedish Election2026-09-14 · SE
- ElectionUS U.S. Midterms2026-11-03 · US
- ElectionFR French Legislative2027-06-01 · FR
Pre-earnings brief
Signals & dispatch
Composite-score breakdown
Synthesis
GOLF.K operates in the recreational products industry, manufacturing and selling golf equipment and accessories, primarily generating revenue through direct-to-consumer sales and wholesale partnerships.
GOLF.K maintains a debt-to-equity ratio of 1.2, indicating a moderate reliance on debt financing, while its current ratio of 2.38 suggests strong short-term liquidity. The company's free cash flow of $111.95 million and operating cash flow of $194.37 million support its ability to fund operations and reduce debt obligations. However, its long-term debt of $943.46 million and negative net cash position after subtracting total debt raise concerns about long-term liquidity risk.
The company's profitability is reflected in a return on equity (ROE) of 24.06% and a return on assets (ROA) of 8.05%, both exceeding the industry median for recreational products. These metrics suggest efficient use of equity and assets to generate returns. Gross profit of $1.22 billion and operating income of $282.46 million further support its strong profitability relative to peers.
GOLF.K's revenue is concentrated in a single business segment, with no disclosed geographic diversification. This lack of diversification increases exposure to regional economic downturns and shifts in consumer demand. The company's revenue of $2.56 billion is derived primarily from the sale of golf equipment and accessories, with no material revenue from other product lines.
The company's growth trajectory is supported by a strong operating cash flow and free cash flow, but no specific revenue growth targets are disclosed in the outlook. Analysts have assigned a mean price target of $100.40, with a median of $100.00, indicating a neutral to slightly bullish sentiment. However, the absence of strong buy or buy ratings from analysts suggests limited upside potential in the near term.
GOLF.K faces moderate liquidity risk due to its high debt load and negative net cash position. The risk assessment indicates a low probability of dilution, but the company's capital structure remains a key risk factor. No recent equity issuance or dilution events are reported, and the company has not disclosed any plans for additional share offerings.
Recent filings and transcripts do not highlight any material events or strategic shifts. The company's focus remains on maintaining profitability and managing debt, with no disclosed plans for major product launches or geographic expansion.
- GOLF.K maintains strong profitability with ROE of 24.06% and ROA of 8.05%.
- The company's liquidity is supported by a current ratio of 2.38 but is constrained by $943.46 million in long-term debt.
- Revenue is concentrated in a single business segment, increasing exposure to market volatility.
- Analysts have assigned a neutral to slightly bullish outlook with a mean price target of $100.40.
- No recent dilution events are reported, and the risk of dilution is assessed as low.
Bull / Bear case
analysis pipelineIn focus — financials by report
Valuation
Revenue by segment
Business relationships
Supply chain
Peer comparison
Market position
Stress test
Predictor forecast
| Metric | Our forecast | Guidance | Consensus |
|---|---|---|---|
| EPS | —no estimate | —no estimate | 3,78 |
| Revenue | —no estimate | —no estimate | 2,7B USD |
| Operating income | —no estimate | —no estimate | 340,5M USD |
Options
Short squeeze
Earnings-call key lines
Consensus distribution
sell-side coverageEstimate revisions
consensus EPS · 26-week trendSell-side observations
Themes
ESG
Risk factors
- Net cash is negative after subtracting total debt.
Benchmarks vs cohort
Corporate actions / M&A
FX exposure
Comparable transactions
Derivatives & instruments
Physical assets
2 tracked| Asset | Type | Commodity | Country | Role |
|---|---|---|---|---|
| Acushnet Ball Plant 2 | Power | Power | US | Operating company |
| Acushnet Ball Plant 2 | Power | Power | US | Registered owner |
Actions
Ask Handelsavisen
- Market data
- Market data cache
- Issuer disclosures
- Public news
- Earnings transcripts
- Consensus estimates
- ESG data
- Dilution Ratio(shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
- Net Cashcash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
- Capex To Revenuecapital_expenditure / revenue
- Return On Equitynet_income / total_equity
- Debt To Equity(short_term_debt + long_term_debt) / total_equity
- Cash Conversion Ratiooperating_cash_flow / net_income
- GOLF.K Market data — financials · 2026-05-28
- Acushnet Holdings Corp Market data — analyst estimates · 2026-05-28
Ownership & reference
Top holders
- Investment Managers · as of 2026-03-310,04 %$66M
- Investment Managers · as of 2026-03-310,03 %$142M
- Brokerage Firms · as of 2026-03-310,02 %$66M
- Investment Managers · as of 2026-03-310,02 %$58M
- Brokerage Firms · as of 2026-03-310,01 %$68M
- Investment Managers · as of 2026-03-310,01 %$94M
- Funds · as of 2026-03-310,01 %$54M
- Investment Managers · as of 2026-03-310,01 %$104M
- Investment Managers · as of 2026-03-310,01 %$8M
- Investment Managers · as of 2026-03-310,01 %$41M
- Investment Managers · as of 2026-03-310,01 %$34M
- Institutional Investor · as of 2026-03-310,00 %$25M
- Investment Managers · as of 2026-03-310,00 %$32M
- Investment Managers · as of 2026-03-310,00 %$64M
- Investment Managers · as of 2026-03-310,00 %$22M
- Investment Managers · as of 2026-03-310,00 %$100M
- Investment Managers · as of 2025-12-310,00 %$234M
- Investment Managers · as of 2024-06-300,00 %$139M
- Investment Managers · as of 2024-12-310,00 %$10M
- Institutional Investor · as of 2026-03-310,00 %$43M
- Investment Managers · as of 2026-03-310,00 %$4M
- Institutional Investor · as of 2026-03-310,00 %$6M
- Investment Managers · as of 2026-03-310,00 %$2M
- Investment Managers · as of 2026-03-310,00 %$3M
- Investment Managers · as of 2026-03-310,00 %$3M
- Investment Managers · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$1M
- Institutional Investor · as of 2026-03-310,00 %$1M
- Investment Managers · as of 2026-03-310,00 %$1M
- Institutional Investor · as of 2026-03-310,00 %$1M
- Investment Managers · as of 2026-03-310,00 %$1M
Leadership
- David Eugene MaherPresident, Chief Executive Officer, Director
Insider activity
- Director · Common StockOther 76 @ $107,09$8K · 2026-06-22
- Director · Common StockOther 28 @ $107,09$3K · 2026-06-22
- Director, President and CEO · Common StockOther 1 969 @ $107,09$211K · 2026-06-22
- Director · Common StockOther 76 @ $107,09$8K · 2026-06-22
- President-Titleist Golf Balls · Common StockOther 501 @ $107,09$54K · 2026-06-22
- Director, 10% owner · Common StockOther 51 @ $107,09$5K · 2026-06-22
- Principal Accounting Officer · Common StockSold 529 @ $95,00$50K · 2026-06-11
- Director, 10% owner · Common StockOther 1 767 @ $90,52$160K · 2026-06-08
- Director, 10% owner · Common StockOther 2 209 @ $90,52$200K · 2026-06-08
- Director · Common StockOther 1 767 @ $90,52$160K · 2026-06-08
- Director · Common StockOther 1 767 @ $90,52$160K · 2026-06-08
- Director, 10% owner · Common StockOther 1 767 @ $90,52$160K · 2026-06-08
- Director · Common StockOther 1 767 @ $90,52$160K · 2026-06-08
- Director · Common StockOther 1 767 @ $90,52$160K · 2026-06-08
- President-Titleist Golf Clubs · Common StockSold 487 @ $91,92$45K · 2026-05-27
- President-Titleist Golf Clubs · Common StockSold 14 513 @ $91,24$1,3M · 2026-05-27
- Director · Common StockOther 91 @ $89,33$8K · 2026-03-20
- Director · Common StockOther 33 @ $89,33$3K · 2026-03-20
- Director, President and CEO · Common StockOther 2 354 @ $89,33$210K · 2026-03-20
- President-Titleist Golf Balls · Common StockOther 599 @ $89,33$53K · 2026-03-20
- Director · Common StockOther 91 @ $89,33$8K · 2026-03-20
- Director, 10% owner · Common StockOther 61 @ $89,33$5K · 2026-03-20
- See Remarks · Common StockSold 9 489 @ $92,67$879K · 2026-03-09
- Director · Common StockSold 4 206 @ $100,00$421K · 2026-03-04
- See Remarks · Common StockOther 12 361 · 2026-03-03
Short positioning
Geographic breakdown
Intel & risk
Evidence & claims
From filings & derived data- Long-term debt (YoY) (2025-12-31 vs 2024-12-31): 23.2%Derived (calculated)
- Return on equity (FY 2025-12-31): 24.1%Derived (calculated)
- EPS (diluted) (YoY) (2025-12-31 vs 2024-12-31): -7.7%Derived (calculated)
- EPS (basic) (YoY) (2025-12-31 vs 2024-12-31): -7.4%Derived (calculated)
- Return on assets (FY 2025-12-31): 8.0%Derived (calculated)
- Net margin (FY 2025-12-31): 7.4%Derived (calculated)
- Gross margin (FY 2025-12-31): 47.7%Derived (calculated)
- Gross profit (YoY) (2025-12-31 vs 2024-12-31): 2.8%Derived (calculated)
- Total liabilities (YoY) (2025-12-31 vs 2024-12-31): 12.6%Derived (calculated)
- Cost of revenue (YoY) (2025-12-31 vs 2024-12-31): 5.4%Derived (calculated)
- Total assets (YoY) (2025-12-31 vs 2024-12-31): 7.5%Derived (calculated)
- Shareholders' equity (YoY) (2025-12-31 vs 2024-12-31): 2.4%Derived (calculated)
- Revenue (YoY) (2025-12-31 vs 2024-12-31): 4.1%Derived (calculated)
- Debt-to-equity (FY 2025-12-31): 1.99xDerived (calculated)
- R&D expense (YoY) (2025-12-31 vs 2024-12-31): 12.8%Derived (calculated)
- Capex (YoY) (2025-12-31 vs 2024-12-31): -0.4%Derived (calculated)
- Operating income (YoY) (2025-12-31 vs 2024-12-31): -1.6%Derived (calculated)
- Current ratio (FY 2025-12-31): 2.38xDerived (calculated)
- Operating cash flow (YoY) (2025-12-31 vs 2024-12-31): -20.7%Derived (calculated)
- Net income (YoY) (2025-12-31 vs 2024-12-31): -12.0%Derived (calculated)
- Cost of revenue (annual): USD 1.34BSEC XBRL filing
- Operating income (annual): USD 299.43MSEC XBRL filing
- Capex (annual): USD 74.34MSEC XBRL filing
- Shareholders' equity (annual): USD 783.57MSEC XBRL filing