Latest Ratios: P/E Ratio 19.0x · EV/EBITDA 11.2x · ROE 8.0%. (1996–2025 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $259M | $187M | $200M | $279M | $139M | $219M | $301M | $142M | $166M | $176M | $190M |
| Enterprise Value | $267M | $195M | $223M | $339M | $240M | $275M | $329M | $137M | $163M | $198M | $214M |
| P/E Ratio → | 19.01 | 13.63 | 15.52 | 28.30 | 7.77 | 8.97 | 11.63 | 19.66 | 8.12 | 12.55 | 16.50 |
| P/S Ratio | 1.08 | 0.78 | 0.80 | 1.06 | 0.44 | 0.70 | 1.10 | 0.79 | 0.94 | 1.00 | 1.13 |
| P/B Ratio | 1.51 | 1.08 | 1.19 | 1.70 | 0.88 | 1.49 | 2.16 | 1.12 | 1.29 | 1.58 | 1.86 |
| P/FCF | 9.09 | 6.56 | 5.89 | 6.04 | 21.73 | — | — | 10.25 | 44.95 | 16.62 | 19.93 |
| P/OCF | 8.35 | 6.03 | 5.56 | 5.78 | 16.35 | 203.86 | 114.37 | 8.85 | 25.48 | 13.21 | 15.58 |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 0.81 | 0.89 | 1.29 | 0.76 | 0.88 | 1.20 | 0.76 | 0.93 | 1.12 | 1.28 |
| EV / EBITDA | 11.22 | 8.19 | 8.56 | 14.44 | 7.41 | 7.49 | 8.89 | 10.32 | 9.22 | 10.70 | 10.80 |
| EV / EBIT | 14.25 | 10.41 | 11.11 | 19.01 | 9.12 | 8.63 | 9.93 | 14.80 | 11.79 | 13.56 | 14.68 |
| EV / FCF | — | 6.84 | 6.56 | 7.33 | 37.41 | — | — | 9.91 | 44.18 | 18.65 | 22.49 |
Margins and return-on-capital ratios measuring operating efficiency
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 26.0% | 26.0% | 24.7% | 23.4% | 23.5% | 24.6% | 27.3% | 23.5% | 25.6% | 25.2% | 26.4% |
| Operating Margin | 7.8% | 7.8% | 8.0% | 6.8% | 8.4% | 10.2% | 12.1% | 5.1% | 7.9% | 8.2% | 8.7% |
| Net Profit Margin | 5.7% | 5.7% | 5.2% | 3.7% | 5.7% | 7.8% | 9.5% | 4.0% | 11.6% | 7.9% | 6.9% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 8.0% | 8.0% | 7.8% | 6.1% | 11.8% | 17.1% | 19.5% | 5.7% | 17.0% | 13.2% | 11.6% |
| ROA | 6.1% | 6.1% | 5.4% | 3.6% | 6.5% | 10.3% | 14.0% | 4.9% | 13.4% | 9.2% | 7.8% |
| ROIC | 7.5% | 7.5% | 7.2% | 5.5% | 8.5% | 12.9% | 17.2% | 5.6% | 8.0% | 8.4% | 9.0% |
| ROCE | 9.8% | 9.8% | 9.7% | 7.4% | 11.4% | 16.9% | 21.6% | 7.0% | 10.3% | 10.9% | 12.3% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.11 | 0.11 | 0.16 | 0.36 | 0.66 | 0.41 | 0.23 | 0.01 | — | 0.21 | 0.25 |
| Debt / EBITDA | 0.83 | 0.83 | 1.03 | 2.55 | 3.23 | 1.65 | 0.86 | 0.09 | — | 1.25 | 1.28 |
| Net Debt / Equity | — | 0.05 | 0.13 | 0.36 | 0.63 | 0.38 | 0.20 | -0.04 | -0.02 | 0.19 | 0.24 |
| Net Debt / EBITDA | 0.33 | 0.33 | 0.87 | 2.55 | 3.11 | 1.53 | 0.76 | -0.35 | -0.16 | 1.16 | 1.23 |
| Debt / FCF | — | 0.28 | 0.67 | 1.29 | 15.68 | — | — | -0.34 | -0.77 | 2.03 | 2.57 |
| Interest Coverage | 22.40 | 22.40 | 8.72 | 3.34 | 6.96 | 21.12 | 132.69 | 26.05 | 32.36 | 18.16 | 17.49 |
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 4.28 | 4.28 | 3.88 | 4.41 | 4.83 | 3.55 | 3.16 | 4.77 | 5.26 | 4.11 | 4.11 |
| Quick Ratio | 2.04 | 2.04 | 1.68 | 1.63 | 1.70 | 1.63 | 1.58 | 2.45 | 2.92 | 2.31 | 2.27 |
| Cash Ratio | 0.39 | 0.39 | 0.12 | 0.00 | 0.10 | 0.09 | 0.08 | 0.32 | 0.17 | 0.08 | 0.06 |
| Asset Turnover | — | 1.08 | 1.11 | 1.04 | 1.05 | 1.25 | 1.24 | 1.21 | 1.18 | 1.14 | 1.11 |
| Inventory Turnover | 2.60 | 2.60 | 2.49 | 2.18 | 1.97 | 2.56 | 2.74 | 3.27 | 3.34 | 3.77 | 3.65 |
| Days Sales Outstanding | — | 70.39 | 70.77 | 69.22 | 66.80 | 76.80 | 87.07 | 71.67 | 84.47 | 80.99 | 78.15 |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 3.2% | 4.4% | 4.1% | 2.2% | 5.9% | 3.5% | 2.5% | 5.1% | 4.4% | 3.7% | 3.3% |
| Payout Ratio | 60.4% | 60.4% | 64.0% | 62.9% | 45.3% | 31.5% | 28.8% | 99.3% | 35.3% | 47.0% | 54.7% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 5.3% | 7.3% | 6.4% | 3.5% | 12.9% | 11.1% | 8.6% | 5.1% | 12.3% | 8.0% | 6.1% |
| FCF Yield | 11.0% | 15.2% | 17.0% | 16.6% | 4.6% | — | — | 9.8% | 2.2% | 6.0% | 5.0% |
| Buyback Yield | 1.2% | 1.7% | 1.1% | 0.0% | 0.0% | 4.8% | 2.2% | 2.1% | 0.0% | 0.1% | 0.0% |
| Total Shareholder Yield | 4.4% | 6.1% | 5.2% | 2.2% | 5.9% | 8.3% | 4.7% | 7.1% | 4.4% | 3.8% | 3.3% |
| Shares Outstanding | — | $14M | $14M | $14M | $14M | $14M | $14M | $14M | $14M | $14M | $14M |
Consumer discretionary spending sensitivity
According to current market data, Escalade trades at a TTM P/E of 19.47 and an EV/EBITDA of 11.48, suggesting that investors are pricing in a cautious outlook for consumer durables relative to the broader leisure sector's historical valuation averages for mid-cap manufacturing firms.
The current valuation appears to reflect a market waiting for evidence of sustained organic growth following the integration of recent acquisitions. Investors should monitor whether the forward P/E of 17.85 indicates an expectation of earnings recovery or if the market is discounting the potential for further margin compression in a high-interest rate environment.
Based on reported financial statements, Escalade's ROIC has fluctuated between 1.0% and 3.1% over the last ten quarters, indicating that the company is currently struggling to generate returns on invested capital that meaningfully exceed its cost of capital during this period of operational normalization.
The low ROIC trend suggests that the company's capital-intensive manufacturing footprint and recent M&A activity have yet to yield significant synergistic returns. This warrants further investigation into whether management can improve asset utilization or if the current competitive landscape in niche leisure markets limits the potential for higher capital efficiency.
As reported in quarterly filings, the cash conversion cycle has remained elevated, peaking at 251 days in 2024Q1, which highlights the significant working capital burden inherent in managing seasonal inventory levels across a diverse portfolio of premium and mass-market sporting goods brands.
The high days inventory outstanding, which reached 197 days in early 2024, suggests that the company may be carrying excess stock that could necessitate promotional activity. This inefficiency appears to be a structural challenge for the business model, as it must balance the need for high product availability with the risk of obsolescence in seasonal categories.
As evidenced by the company's financial statements, Escalade maintains a conservative capital structure with a debt-to-equity ratio of 0.11%, providing a significant buffer against the volatility of the consumer cyclical sector and offering management substantial dry powder for future strategic acquisitions or capital returns.
The low leverage profile is a key differentiator compared to more highly indebted peers in the leisure space, allowing the company to navigate periods of soft demand without the pressure of debt service covenants. This financial position appears to be a deliberate strategic choice that prioritizes stability over aggressive, debt-fueled growth.
The P/E ratio is frequently misapplied to Escalade because it fails to account for the significant non-cash charges and seasonal working capital swings that distort net income, making it a less reliable metric than EV/EBITDA for assessing the company's true operational earning power.
Investors should focus on EV/EBITDA or free cash flow yields to better understand the underlying cash generation of the business, as the P/E ratio is often clouded by one-time integration costs and accounting adjustments. Relying solely on P/E may lead to an inaccurate assessment of the company's valuation during periods of heavy investment or inventory destocking.
Includes 30+ ratios · 30 years · Updated daily
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Quick answers to the most common questions about buying ESCA stock.
Escalade, Incorporated's current P/E ratio is 19.0x. The historical average is 17.5x. This places it at the 68th percentile of its historical range.
Escalade, Incorporated's current EV/EBITDA is 11.2x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 8.5x.
Escalade, Incorporated's return on equity (ROE) is 8.0%. The historical average is 14.3%.
Based on historical data, Escalade, Incorporated is trading at a P/E of 19.0x. This is at the 68th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
Escalade, Incorporated's current dividend yield is 3.17% with a payout ratio of 60.4%.
Escalade, Incorporated has 26.0% gross margin and 7.8% operating margin.
Escalade, Incorporated's Debt/EBITDA ratio is 0.8x, indicating low leverage. A ratio below 2x is generally considered financially healthy.