Callaway Golf Price To Book vs. Profit Margin
| MODG Stock | USD 8.85 0.26 3.03% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.52 | 0.6175 |
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For Callaway Golf profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Callaway Golf to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Callaway Golf utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Callaway Golf's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Callaway Golf over time as well as its relative position and ranking within its peers.
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Callaway Golf's Revenue Breakdown by Earning Segment
Check out Correlation Analysis.
Is Leisure Products space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Callaway Golf. If investors know Callaway will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Callaway Golf listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.46) | Earnings Share (0.07) | Revenue Per Share 22.907 | Quarterly Revenue Growth (0.03) | Return On Assets 0.013 |
The market value of Callaway Golf is measured differently than its book value, which is the value of Callaway that is recorded on the company's balance sheet. Investors also form their own opinion of Callaway Golf's value that differs from its market value or its book value, called intrinsic value, which is Callaway Golf's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Callaway Golf's market value can be influenced by many factors that don't directly affect Callaway Golf's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Callaway Golf's value and its price as these two are different measures arrived at by different means. Investors typically determine if Callaway Golf is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Callaway Golf's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Callaway Golf Profit Margin vs. Price To Book Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Callaway Golf's current stock value. Our valuation model uses many indicators to compare Callaway Golf value to that of its competitors to determine the firm's financial worth. Callaway Golf is rated below average in price to book category among its peers. It also is rated below average in profit margin category among its peers . At this time, Callaway Golf's Net Profit Margin is most likely to increase slightly in the upcoming years. Comparative valuation analysis is a catch-all technique that is used if you cannot value Callaway Golf by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Callaway Profit Margin vs. Price To Book
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
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| = | 0.41 X |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Profit Margin measures overall efficiency of a company and shows its ability to withstand competition as well as defend against adverse conditions such as rising costs, falling prices, decline in sales or management distress. Profit margin tells investors how well the company executes on its overall pricing strategies as well as how effective the company in controlling its costs.
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| = | (0) % |
In a nutshell, Profit Margin indicator shows the amount of money the company makes from total sales or revenue. It can provide a good insight into companies in the same sector, as well as help to identify trends of a company from year to year.
Callaway Profit Margin Comparison
Callaway Golf is currently under evaluation in profit margin category among its peers.
Callaway Golf Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Callaway Golf, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Callaway Golf will eventually generate negative long term returns. The profitability progress is the general direction of Callaway Golf's change in net profit over the period of time. It can combine multiple indicators of Callaway Golf, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | -47.5 M | -45.1 M | |
| Operating Income | 237.7 M | 249.6 M | |
| Income Before Tax | 34.8 M | 46.8 M | |
| Total Other Income Expense Net | -202.9 M | -192.8 M | |
| Net Income | 95 M | 49.1 M | |
| Income Tax Expense | -60.2 M | -57.2 M | |
| Net Income Applicable To Common Shares | 181.6 M | 190.7 M | |
| Net Income From Continuing Ops | 99.4 M | 104.4 M | |
| Non Operating Income Net Other | 32.1 M | 31.2 M | |
| Interest Income | 290.4 M | 304.9 M | |
| Net Interest Income | -196.1 M | -186.3 M | |
| Change To Netincome | 44.9 M | 47.2 M | |
| Net Income Per Share | 0.51 | 0.50 | |
| Income Quality | 3.84 | 4.03 | |
| Net Income Per E B T | 2.73 | 2.87 |
Callaway Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Callaway Golf. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Callaway Golf position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Callaway Golf's important profitability drivers and their relationship over time.
Use Callaway Golf in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Callaway Golf position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Callaway Golf will appreciate offsetting losses from the drop in the long position's value.Callaway Golf Pair Trading
Callaway Golf Pair Trading Analysis
The ability to find closely correlated positions to Callaway Golf could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Callaway Golf when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Callaway Golf - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Callaway Golf to buy it.
The correlation of Callaway Golf is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Callaway Golf moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Callaway Golf moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Callaway Golf can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Callaway Golf position
In addition to having Callaway Golf in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Check out Correlation Analysis. For more detail on how to invest in Callaway Stock please use our How to Invest in Callaway Golf guide.You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
To fully project Callaway Golf's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Callaway Golf at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Callaway Golf's income statement, its balance sheet, and the statement of cash flows.