Acushnet HoldingsGOLF +2.16%83 ROC (Joel Greenblatt) % is 45.11% as of Mar. 2026, which is 33% above its 10-year median of 33.87. GuruFocus rates GOLF with a GF Score™ of 83/100 and a GF Value™ of $79.40 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 843 Travel & Leisure companies, Acushnet Holdings ranks better than 76.28% on this metric.
Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits). He defines ROC (Joel Greenblatt) % as EBIT divided by the total of Property, Plant and Equipment and net working capital. Acushnet Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 45.11%.
The historical rank and industry rank for Acushnet Holdings's ROC (Joel Greenblatt) % or its related term are showing as below:
GOLF'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 21.21 Med: 33.87 Max: 51.55
Current: 30.76
During the past 13 years, Acushnet Holdings's highest ROC (Joel Greenblatt) % was 51.55%. The lowest was 21.21%. And the median was 33.87%.
GOLF's ROC (Joel Greenblatt) % is ranked better than 76.28% of 843
companies
in the Travel & Leisure industry
Industry Median: 10.04
vs GOLF: 30.76
Acushnet Holdings's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 4.10% per year.
The way Joel Greenblatt defines Return on Capital is a more accurate measure of how efficiently the company generates returns onthe capital actually invested in the business. EBIT is used instead of net income because the tax and interest payment may be affected by factors other than the core business operation. Intangible assets are not included in the calculation because they don't need to be replaced.
Acushnet Holdings ROC (Joel Greenblatt) % Related Terms
Acushnet Holdings ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Acushnet Holdings's ROC (Joel Greenblatt) % 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 LTH, PLNT, MAT: ROC (Joel Greenblatt) % Comparison
For the Leisure subindustry, Acushnet Holdings's ROC (Joel Greenblatt) %, along with its competitors' market caps and ROC (Joel Greenblatt) % 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 ROC (Joel Greenblatt) % vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Acushnet Holdings's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Acushnet Holdings's ROC (Joel Greenblatt) % falls into.
Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits) . He defines Return on Capital as follows:
EBIT stands for Earnings Before Interest and Taxes.
Fixed Assets are also known as non-current assets. They include the Property, Plant and Equipment that the firm needs in its operation.
GuruFocus calculates net working capital as: (Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Deferred Revenue + Other Current Liabilities). We're trying to account for OPERATING assets and liabilities (part of daily business) when calculating working capital. Cash and marketable securities are considered NON-OPERATING assets and are not included in calculation. We will also back out all interest bearing debt, short term debt and the portion of long term debt that is due in the current period from the current liabilities. This debt will be considered when computing cost of capital and it would be inappropriate to count it twice.
Note:
The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.
* 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.
What does a ROC (Joel Greenblatt) % of 45.11% mean?
Acushnet Holdings (GOLF) has a ROC (Joel Greenblatt) % of 45.11% as of Mar. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Acushnet Holdings and its competitors. This is 33% above median its historical median of 33.87. Over the past decade, Acushnet Holdings' ROC (Joel Greenblatt) % has ranged from 21.21 to 51.55. According to the industry distribution chart, Acushnet Holdings ranks #200 out of 843 companies in the Travel & Leisure industry, placing it in the top 23.7%.
Is Acushnet Holdings' ROC (Joel Greenblatt) % too high?
Acushnet Holdings' current ROC (Joel Greenblatt) % of 45.11% is 33% above median its 10-year median of 33.87. Over the past 10 years, this metric has ranged from a low of 21.21 to a high of 51.55. The Travel & Leisure industry median ROC (Joel Greenblatt) % is 10.04. Acushnet Holdings' value of 45.11% is 349.3% above this industry median. Based on the distribution chart, Acushnet Holdings ranks #200 out of 843 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, Acushnet Holdings has a GF Score™ of 83/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Acushnet Holdings' ROC (Joel Greenblatt) % compare to LTH and PLNT?
According to the Travel & Leisure industry distribution chart, Acushnet Holdings ranks #200 out of 843 companies for ROC (Joel Greenblatt) %. This places Acushnet Holdings in the top 24% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 10.04. Acushnet Holdings' value of 45.11% is 349.3% above this benchmark. Historically, Acushnet Holdings' own ROC (Joel Greenblatt) % has ranged from 21.21 to 51.55 over the past decade. While the company's 10-year median is 33.87 vs. the industry median of 10.04, 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 ROC (Joel Greenblatt) % for a Travel & Leisure company?
The median ROC (Joel Greenblatt) % among Travel & Leisure companies is 10.04, based on 843 companies in the industry. Companies in the top quartile (top 25%) have a ROC (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, ROC (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Acushnet Holdings's current ROC (Joel Greenblatt) % of 45.11% is 349.3% 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 ROC (Joel Greenblatt) % mean?
A high ROC (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Acushnet Holdings and its competitors. For the Travel & Leisure industry, the median ROC (Joel Greenblatt) % is 10.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Acushnet Holdings's current ROC (Joel Greenblatt) % is 45.11%, which is 33% above median its own 10-year median of 33.87. 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 $79.40, compared to a current price of $113.72 — trading 43.2% above its estimated fair value. The current ROC (Joel Greenblatt) % is 45.11%, which is 33% above median its 10-year median of 33.87 and 349.3% above the Travel & Leisure industry median of 10.04. Acushnet Holdings' overall GF Score™ is 83/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROC (Joel Greenblatt) % calculated?
ROC (Joel Greenblatt) % is calculated from a company's financial statements. For Acushnet Holdings (GOLF), the current ROC (Joel Greenblatt) % is 45.11% 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 Acushnet Holdings (GOLF) Overvalued in 2026?
Based on GuruFocus' analysis, Acushnet Holdings stock appears to be overvalued.
The current stock price of $113.72 is trading 43.2% above its estimated GF Value™ of $79.40.
GuruFocus considers Acushnet Holdings to be Significantly Overvalued.
Key valuation signals for GOLF:
ROC (Joel Greenblatt) %: 45.11% (33% above median its 10-year median of 33.87)
GF Value™: $79.40 vs. price of $113.72 (43.2% above fair value)
Industry Position: 349.3% above the Travel & Leisure median (#200 of 843)
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.
83GF Score
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