Acushnet HoldingsGOLF +1.33%82 Piotroski F-Score is 6 as of Jun. 25, 2026, which is at its 10-year median of 6.00. GuruFocus rates GOLF with a GF Score™ of 82/100 and a GF Value™ of $79.28 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 840 Travel & Leisure companies, Acushnet Holdings ranks better than 72.74% on this metric.
The zones of discrimination were as such:
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Acushnet Holdings has an F-score of 6 indicating the company's financial situation is typical for a stable company.
The historical rank and industry rank for Acushnet Holdings's Piotroski F-Score or its related term are showing as below:
GOLF'
s Piotroski F-Score Range Over the Past 10 Years
Min: 2 Med: 6 Max: 8
Current: 6
During the past 13 years, the highest Piotroski F-Score of Acushnet Holdings was 8. The lowest was 2. And the median was 6.
The developer of the system is Joseph D. Piotroski is relatively unknown accounting professor who shuns publicity and rarely gives interviews.
He graduated from the University of Illinois with a B.S. in accounting in 1989, received an M.B.A. from Indiana University in 1994. Five years later, in 1999, after earning a Ph.D. in accounting from the University of Michigan, he became an associate professor of accounting at the University of Chicago.
He wanted to see if he can develop a system (using a simple nine-point scoring system) that can increase the returns of a strategy of investing in low price to book (referred to in the paper as high book to market) value companies.
What he found was something that exceeded his most optimistic expectations.
Buying only those companies that scored highest (8 or 9) on his nine-point scale, or F-Score as he called it, over the 20 year period from 1976 to 1996 led to an average out-performance over the market of 13.4%.
Even more impressive were the results of a strategy of investing in the highest F-Score companies (8 or 9) and shorting companies with the lowest F-Score (0 or 1).
Over the same period from 1976 to 1996 (20 years) this strategy led to an average yearly return of 23%, substantially outperforming the average S&P 500 index return of 15.83% over the same period.
Acushnet Holdings Piotroski F-Score Related Terms
Acushnet Holdings Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Acushnet Holdings's Piotroski F-Score 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.
GOLF vs MAT, PLNT, YETI: Piotroski F-Score Comparison
For the Leisure subindustry, Acushnet Holdings's Piotroski F-Score, along with its competitors' market caps and Piotroski F-Score 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.
Acushnet Holdings Piotroski F-Score vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Acushnet Holdings's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Acushnet Holdings's Piotroski F-Score 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.
*Note: If the latest quarterly/semi-annual/annual total assets data is 0, then we will use previous quarterly/semi-annual/annual data for all the items in the balance sheet.
Profitability
Question 1. Return on Assets (ROA)
Net income before extraordinary items for the year divided by Total Assets at the beginning of the year.
Score 1 if positive, 0 if negative.
Acushnet Holdings's current Net Income (TTM) was 171.
==> Positive ==> Score 1.
Question 2. Cash Flow Return on Assets (CFROA)
Net cash flow from operating activities (operating cash flow) divided by Total Assets at the beginning of the year.
Acushnet Holdings's return on assets of this year was 0.07100103. Acushnet Holdings's return on assets of last year was 0.09584723.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Acushnet Holdings's gearing of this year was 0.464021. Acushnet Holdings's gearing of last year was 0.40283442.
==> Last year is lower than this year ==> Score 0.
Question 6. Change in Working Capital (Liquidity)
Compare this year's current ratio (current assets divided by current liabilities) to last year's current ratio.
Score 1 if this year's current ratio is higher, 0 if it's lower
Acushnet Holdings's current ratio of this year was 2.86562082. Acushnet Holdings's current ratio of last year was 2.20910636.
==> This year's current ratio is higher. ==> Score 1.
Question 7. Change in Shares in Issue
Compare the number of shares in issue this year, to the number in issue last year.
Score 0 if there is larger number of shares in issue this year, 1 otherwise.
Acushnet Holdings's number of shares in issue this year was 60.009. Acushnet Holdings's number of shares in issue last year was 61.485.
==> There is smaller number of shares in issue this year, or the same. ==> Score 1.
Efficiency
Question 8. Change in Gross Margin
Compare this year's gross margin (Gross Profit divided by sales) to last year's.
Score 1 if this year's gross margin is higher, 0 if it's lower.
Acushnet Holdings's gross margin of this year was 0.47515099. Acushnet Holdings's gross margin of last year was 0.48209575.
==> Last year's gross margin is higher ==> Score 0.
Question 9. Change in asset turnover
Compare this year's asset turnover (total sales for the year divided by total assets at the beginning of the year) to last year's asset turnover ratio.
Score 1 if this year's asset turnover ratio is higher, 0 if it's lower
Acushnet Holdings's asset turnover of this year was 1.08561712. Acushnet Holdings's asset turnover of last year was 1.04070924.
==> This year's asset turnover is higher. ==> Score 1.
Evaluation
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6
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Acushnet Holdings has an F-score of 6 indicating the company's financial situation is typical for a stable company.
Acushnet Holdings (GOLF) has a Piotroski F-Score of 6 as of Jun. 25, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Acushnet Holdings and its competitors. This is near median its historical median of 6.00. Over the past decade, Acushnet Holdings' Piotroski F-Score has ranged from 2.00 to 8.00. According to the industry distribution chart, Acushnet Holdings ranks #229 out of 840 companies in the Travel & Leisure industry, placing it in the top 27.3%.
Is Acushnet Holdings' Piotroski F-Score too high?
Acushnet Holdings' current Piotroski F-Score of 6 is near median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 8.00. The Travel & Leisure industry median Piotroski F-Score is 5.00. Acushnet Holdings' value of 6 is 20% above this industry median. Based on the distribution chart, Acushnet Holdings ranks #229 out of 840 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Acushnet Holdings has a GF Score™ of 82/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Acushnet Holdings' Piotroski F-Score compare to MAT and PLNT?
According to the Travel & Leisure industry distribution chart, Acushnet Holdings ranks #229 out of 840 companies for Piotroski F-Score. This puts Acushnet Holdings in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Acushnet Holdings' value of 6 is 20% above this benchmark. Historically, Acushnet Holdings' own Piotroski F-Score has ranged from 2.00 to 8.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Acushnet Holdings has consistently been above 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 Piotroski F-Score for a Travel & Leisure company?
The median Piotroski F-Score among Travel & Leisure companies is 5.00, based on 840 companies in the industry. Companies in the top quartile (top 25%) have a Piotroski F-Score significantly above this median, while those in the bottom quartile fall well below. However, Piotroski F-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Acushnet Holdings's current Piotroski F-Score of 6 is 20% above 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 Piotroski F-Score mean?
A high Piotroski F-Score can signal that a stock is expensive relative to its fundamentals. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Acushnet Holdings and its competitors. For the Travel & Leisure industry, the median Piotroski F-Score is 5.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Acushnet Holdings's current Piotroski F-Score is 6, which is near median its own 10-year median of 6.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Acushnet Holdings stock overvalued right now?
Based on GuruFocus' analysis, Acushnet Holdings (GOLF) is currently considered Significantly Overvalued. The stock's GF Value™ is $79.28, compared to a current price of $109.50 — trading 38.1% above its estimated fair value. The current Piotroski F-Score is 6, which is near median its 10-year median of 6.00 and 20% above the Travel & Leisure industry median of 5.00. Acushnet Holdings' overall GF Score™ is 82/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Piotroski F-Score calculated?
Piotroski F-Score is calculated from a company's financial statements. For Acushnet Holdings (GOLF), the current Piotroski F-Score is 6 as of Jun. 25, 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 Acushnet Holdings (GOLF) Overvalued in 2026?
Based on GuruFocus' analysis, Acushnet Holdings stock appears to be overvalued.
The current stock price of $109.50 is trading 38.1% above its estimated GF Value™ of $79.28.
GuruFocus considers Acushnet Holdings to be Significantly Overvalued.
Key valuation signals for GOLF:
Piotroski F-Score: 6 (near median its 10-year median of 6.00)
GF Value™: $79.28 vs. price of $109.50 (38.1% above fair value)
Industry Position: 20% above the Travel & Leisure median (#229 of 840)
No single metric tells the full story. See the GOLF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Acushnet Holdings Corp is engaged in the design, development, manufacture, and distribution of golf products. Its product category includes golf balls, golf shoes, golf clubs, wedges, putters, golf gloves, golf gear and golf wear, and others. These products are offered through different brands such as Titleist, FootJoy, Scotty Cemeron, Vokey Design, Pinnacle, KJUS, and others. The company's reportable segments are Titleist golf equipment, FootJoy golf wear, and Gofl gear. A majority of its revenue is generated by the Titleist golf equipment segment. Geographically, the company generates maximum revenue from the United States, followed by Europe, Middle East and Asia (EMEA), Japan, Korea, and the Rest of the world.
82GF Score
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