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Escalade, Incorporated (ESCA) Fair Value & Analysis

Consumer Cyclical · US · Market cap $257M

EI Escalade, Incorporated logo Escalade, Incorporated ESCA · US
Price$22.60
Fair Value$20.11
Upside-11.0%
Quality69/100
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Weak Growth
Thin margins · 6.4% net margin
Low debt · generates free cash flow
3.31% dividend yield
Ranks above peers (13/15)
Moderate moat 45/100
Evidence: High Range $14.94 – $25.28 Share as image

Fair value as of: Jul 16, 2026

From 23 valuation models · updated 25 days ago

Fair value updated Jul 16, 2026, revised from $21.73 to $20.11 (−7.5%) since Jun 24, 2026. Share price +22.8% over the past month.

A solid business, but screening 11% overvalued on our models.

What matters now

  • Our model range runs from $14.94 (bear) to $25.28 (bull), base $20.11. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 69/100 (solid quality) with high evidence: the data supports the verdict.
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Price vs Fair Value (5 years)

$22.60 $8.08 Fair Value $20.11 Apr 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 16, 2026.

How to read this chart

60‑month range $8.08 – $22.60 · fair‑value band $14.94 – $25.28 · the $22.60 price screens above the $20.11 fair value. Dashed = 300-day average. As of Jul 16, 2026.

Full chart & analysis →

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Analysis

Escalade, Incorporated (ESCA) currently trades at $22.60, while our model-based Fair Value estimate is $20.11, implying the stock looks roughly 11.0% overvalued today. The Quality Score stands at 69/100 (solid quality), in the Consumer Cyclical sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).

Over the trailing twelve months, Escalade, Incorporated generated revenue of $240M at a net margin of 6.4%. Revenue grew 0.6% year over year. It earns a return on equity of 9.0%. Net debt stands at $7.9M. Fundamentals as of Jul 16, 2026

Our scenario range runs from $14.94 (bear case) to $25.28 (bull case); at $22.60, the current price sits within that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades near its 52-week high and 102% above its 52-week low, currently above its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at 2% fair-value upside, at -11%, ESCA screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
Growth DCF $16.25 $20.33 $24.79 80
Residual Income $9.36 $9.61 $9.50 76
Rev-Margin DCF $13.58 $19.16 $25.12 74
All 23 models by family
DCF Models
FCF DCF $16.03 $20.51 $25.59 38
Owner Earnings $9.16 $11.71 $14.61 31
5Y Revenue Exit $13.58 $18.85 $25.15 39
5Y EBITDA Exit $14.66 $20.74 $27.35 41
5Y P/E Exit $15.07 $21.46 $27.67 38
10Y Revenue Exit $14.32 $18.72 $23.86 36
10Y EBITDA Exit $15.15 $19.81 $25.21 37
10Y P/E Exit $15.37 $20.22 $25.41 35
Earnings-Based
Graham-Dodd $6.75 $14.65 $18.65 54
PEG = 1.0 $2.29 $3.28 $4.26 46
EPV $7.50 $8.39 $9.12 59
Multiples
P/E Multiple $16.38 $21.83 $27.29 63
P/S Multiple $12.65 $16.87 $21.09 58
P/B Multiple $12.65 $16.87 $21.09 55
EV/EBIT $18.35 $24.46 $30.56 53
EV/EBITDA $15.55 $20.72 $25.89 54
EV/Revenue $12.39 $17.68 $22.97 43
Asset-Based
NCAV (Graham) $6.27 $8.41 $12.55 50
Growth DCF
Growth DCF $16.25 $20.33 $24.79 80
Rev-Margin DCF $13.58 $19.16 $25.12 74
Economic Profit
Residual Income $9.36 $9.61 $9.50 76
ROIC Compounder $7.50 $8.39 $9.12 72
Growth Earnings
Growth-Adj P/E $12.09 $17.28 $22.46 68

Widest divergence: DCF Models ($19.81) versus Earnings-Based ($8.39). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) $240M
Revenue growth (YoY) +0.6%
Net margin 6.4%
Return on equity 9.0%
Free cash flow $28.5M FY2025
P/E ratio 16.7
More key figures
Operating margin 10.5%
EPS (TTM) $1.12
Dividend yield 3.3%
EPS growth (YoY) +68.1%
Net debt $7.9M FY2025

Figures from reported company fundamentals · as of Jul 16, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 69/100

Of which business quality 68 · Market factors (momentum, volatility) 87

Profitability 50
Margins and returns on capital today
Quality Growth 40
Are margins and returns improving?
Cashflow 76
Earnings quality: real cash, not paper profit
Fin. Strength 73
Balance sheet, leverage, solvency risk
Investment 95
Disciplined investing over empire-building
Low Volatility 67
Calm price path (market factor)
Momentum 93
Price trend over the last 3–12 months (market factor)
52W Momentum 100
Distance to the 52-week high (market factor)
Net Issuance 86
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Escalade, Incorporated manufactures, distributes, imports, and sells sporting goods in North America, Europe, and internationally. The company provides various sporting goods brands in basketball goals, archery, indoor and outdoor game recreation, and fitness products.

Full company description

Escalade, Incorporated manufactures, distributes, imports, and sells sporting goods in North America, Europe, and internationally. The company provides various sporting goods brands in basketball goals, archery, indoor and outdoor game recreation, and fitness products. It offers archery products under the Bear Archery, Trophy Ridge, Cajun Bowfishing, SIK, and BearX brand names; table tennis products under the STIGA and Ping-Pong brands; basketball goals under the Goalrilla, Goaliath, Silverback, Hoopstar, and Goalsetter brand names; and pickleball under the Onix, and DURA brands. The company provides play systems under the Woodplay and Jack & June brands; fitness products under the STEP, Lifeline, Kettleworx, Natural Fitness, USW, adidas Fitness, and PER4M brand names; safety products under the US Weight brand; hockey and soccer game tables under the Triumph, Atomic, American Legend, Air Hockey, and HJ Scott brands; and billiard tables and accessories under the American Heritage Billiards, Brunswick Billiards, Cue&Case, Lucasi, Mizerak, PureX, Rage, Players, Minnesota Fats, and Mosconi brand names. In addition, it offers darting products under the Unicorn, DMI, Arachnid, and Accudart brands; water sports products under the RAVE Sports brand; and outdoor game products under the Victory Tailgate, Triumph, ACL, and Zume Games brand names. The company provides its products through sporting goods retailers, specialty dealers, online retailers, direct-to-consumer, e-commerce, traditional department stores, and mass merchants. Escalade, Incorporated was founded in 1919 and is headquartered in Evansville, Indiana.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Escalade, Incorporated reported revenue of $240M in FY2025 versus $314M in FY2021, a compound −6.5%/yr. Reported net income was $13.7M in FY2025, compounding −13.4%/yr from FY2021.

Growth Quality 40/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
$240M
Latest YoY
−4.5%
Avg. growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
−8.5%
Avg. growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
−2.6%
Avg. growth/yr (40Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+4.9%
Revenue −6.5%/yr
FY21 $314M
FY22 $314M
FY23 $264M
FY24 $252M
FY25 $240M
Net income −13.4%/yr
FY21 $24.4M
FY22 $18.0M
FY23 $9.8M
FY24 $13.0M
FY25 $13.7M
Character of growth · EPS growth decomposed (2014-2025) +0.7 % p.a.
Revenue per share +5.8 pp

of which total revenue +5.6 pp · buybacks/dilution +0.2 pp

EBIT margin −2.4 pp
Tax rate +0.8 pp
Residual (interest, one-offs) −3.5 pp

Absolute contributions in percentage points per year; they sum to the EPS growth rate. Start and end points are 3-year averages (details on hover).

ESCA screens 11% overvalued. Compare with ANTA Sports Products Limited →

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Cite: Fair Value Calculator (2026). "Escalade, Incorporated Fair Value". https://www.fairvalue-calculator.com/stock/ESCA

Peer Group

Leisure · 190 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 69 · Top 25%
Fair Value upside −11% · Above median
Return on equity (TTM) 9% · Above median
Return on assets 6% · Top 25%
Net margin (TTM) 6% · Above median
Operating margin (TTM) 10% · Above median
Revenue growth 1% · Below median
Dividend yield (TTM) 3.3% · Above median
Debt / equity 0.07× · Lower than median

Valuation Multiples vs Leisure median · lower = cheaper

P/E (TTM) 16.7× · Cheaper than median
P/B 1.49× · Cheaper than median
P/S (TTM) 1.07× · Cheaper than median
P/FCF 9.0× · Pricier than median
EV/EBITDA 9.9× · Cheaper than median
PEG 1.05× · Cheaper than median

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 19 · sector 14
FUTURE 3 · sector 18
PAST 36 · sector 19
HEALTH 97 · sector 94
DIVIDEND 66 · sector 51

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Leisure stocks, each showing price versus our Fair Value estimate (as of Jul 16, 2026).

Stock Price Fair Value vs Fair Value
ANTA Sports Products Limited 2020 HK$74.15 HK$119.29 +61%
Pop Mart International Group 9992 HK$160.20 HK$227.30 +42%
Amer Sports, Inc AS $36.44 $16.16 -56%
Hasbro, Inc HAS $81.55 $83.38 +2%
Life Time Group LTH $42.15 $16.15 -62%
Acushnet Holdings GOLF $114.78 $37.79 -67%
Li Ning Company 2331 HK$14.80 HK$29.26 +98%
Benefit Systems S.A BFT 5,255 PLN 3,714 PLN -29%
Ninebot Limited 689009 ¥37.82 ¥39.17 +4%
Asmodee Group ASMDEEB kr 145.70 kr 41.90 -71%

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Frequently asked questions

Is Escalade, Incorporated (ESCA) overvalued or undervalued?
As of Jul 16, 2026, our model estimates a fair value of $20.11 versus a price of $22.60, about −11% (overvalued).
What is the fair value of ESCA?
Our model-based fair value for Escalade, Incorporated is $20.11 (as of Jul 16, 2026), built from audited fundamentals. The current price is $22.60.
What is the quality score of ESCA?
Escalade, Incorporated has a Quality Score of 69/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Escalade, Incorporated (ESCA)?
Escalade, Incorporated reported trailing-twelve-month revenue of about $240M (latest available figure, as of Jul 16, 2026).
What is the net profit margin of ESCA?
The net profit margin of Escalade, Incorporated is about 6.4%, meaning it keeps roughly 6.4% of revenue as net income. Based on the latest reported figures.
Does Escalade, Incorporated pay a dividend?
Escalade, Incorporated currently shows a dividend yield of about 3.31% relative to its recent price (as of Jul 16, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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