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Callaway Golf CoFRA:CLY -0.03%74 Debt-to-EBITDA is 1.36 as of Mar. 2026, which is 71% below its 10-year median of 4.62. GuruFocus rates FRA:CLY with a GF Score™ of 74/100 and a GF Value™ of €11.35 (Significantly Overvalued). The stock has 11 warning signs investors should review. Among 650 Travel & Leisure companies, Callaway Golf Co ranks better than 60.62% on this metric.
Debt-to-EBITDA measures a company's ability to pay off its debt.
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
The historical rank and industry rank for Callaway Golf Co's Debt-to-EBITDA or its related term are showing as below:
FRA:CLY'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -21.42 Med: 4.62 Max: 16.56
Current: 1.72
During the past 13 years, the highest Debt-to-EBITDA Ratio of Callaway Golf Co was 16.56. The lowest was -21.42. And the median was 4.62.
FRA:CLY's Debt-to-EBITDA is ranked better than 60.62% of 650
companies
in the Travel & Leisure industry
Industry Median: 2.52
vs FRA:CLY: 1.72
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.
According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
Callaway Golf Co Debt-to-EBITDA Related Terms
Callaway Golf Co Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Callaway Golf Co's Debt-to-EBITDA can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
FRA:CLY vs YETI, OSW, PTON: Debt-to-EBITDA Comparison
For the Leisure subindustry, Callaway Golf Co's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Callaway Golf Co Debt-to-EBITDA vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Callaway Golf Co's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Callaway Golf Co's Debt-to-EBITDA falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data,
the EBITDA data used here is four times the quarterly (Mar. 2026) EBITDA data.
Callaway Golf Co (FRA:CLY) has a Debt-to-EBITDA of 1.36 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Callaway Golf Co. This is 71% below median its historical median of 4.62. According to the industry distribution chart, Callaway Golf Co ranks #256 out of 650 companies in the Travel & Leisure industry, placing it in the top 39.4%.
Is Callaway Golf Co's Debt-to-EBITDA too high?
Callaway Golf Co's current Debt-to-EBITDA of 1.36 is 71% below median its 10-year median of 4.62. The Travel & Leisure industry median Debt-to-EBITDA is 2.52. Callaway Golf Co's value of 1.36 is 46% below this industry median. Based on the distribution chart, Callaway Golf Co ranks #256 out of 650 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Callaway Golf Co has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Callaway Golf Co's Debt-to-EBITDA compare to YETI and OSW?
According to the Travel & Leisure industry distribution chart, Callaway Golf Co ranks #256 out of 650 companies for Debt-to-EBITDA. This puts Callaway Golf Co in the upper half of its industry. The industry median Debt-to-EBITDA is 2.52. Callaway Golf Co's value of 1.36 is 46% below this benchmark. While the company's 10-year median is 4.62 vs. the industry median of 2.52, Callaway Golf Co has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Travel & Leisure company?
The median Debt-to-EBITDA among Travel & Leisure companies is 2.52, based on 650 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Callaway Golf Co's current Debt-to-EBITDA of 1.36 is 46% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Callaway Golf Co. For the Travel & Leisure industry, the median Debt-to-EBITDA is 2.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Callaway Golf Co's current Debt-to-EBITDA is 1.36, which is 71% below median its own 10-year median of 4.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Callaway Golf Co stock overvalued right now?
Based on GuruFocus' analysis, Callaway Golf Co (FRA:CLY) is currently considered Significantly Overvalued. The stock's GF Value™ is €11.35, compared to a current price of €16.01 — trading 41% above its estimated fair value. The current Debt-to-EBITDA is 1.36, which is 71% below median its 10-year median of 4.62 and 46% below the Travel & Leisure industry median of 2.52. Callaway Golf Co's overall GF Score™ is 74/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Callaway Golf Co (FRA:CLY), the current Debt-to-EBITDA is 1.36 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Callaway Golf Co (FRA:CLY) Overvalued in 2026?
Based on GuruFocus' analysis, Callaway Golf Co stock appears to be overvalued.
The current stock price of €16.01 is trading 41% above its estimated GF Value™ of €11.35.
GuruFocus considers Callaway Golf Co to be Significantly Overvalued.
Key valuation signals for FRA:CLY:
Debt-to-EBITDA: 1.36 (71% below median its 10-year median of 4.62)
GF Value™: €11.35 vs. price of €16.01 (41% above fair value)
Industry Position: 46% below the Travel & Leisure median (#256 of 650)
No single metric tells the full story. See the FRA:CLY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Callaway Golf Co is a golf equipment, gear and apparel company with a portfolio of world-wide brands, including Callaway Golf, Odyssey, TravisMathew, and OGIO. Callaway designs, manufactures, and sells high-performance golf clubs, golf balls, apparel, bags, and other accessories-setting the standard for performance in the game of golf. The company has two operating and reportable business segments: Golf Equipment and Apparel, Gear and Other. Geographically, the company operates in United States, Europe, Asia, and Rest of World, of which it derives maximum revenue from United States.
74GF Score
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