ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. Acushnet Holdings's annualized return on invested capital (ROIC %) for the quarter that ended in Mar. 2026 was 17.88%.
As of today (2026-06-30), Acushnet Holdings's WACC % is 9.57%. Acushnet Holdings's ROIC % is 11.63% (calculated using TTM income statement data).
Acushnet Holdings generates higher returns on investment than it costs the company to raise the capital needed for that investment. It is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases.
Acushnet Holdings (FRA:163) ROIC % Explanation
ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.
There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.
Why is ROIC % important?
Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.
As of today, Acushnet Holdings's WACC % is 9.57%. Acushnet Holdings's ROIC % is 11.63% (calculated using TTM income statement data).
Acushnet Holdings generates higher returns on investment than it costs the company to raise the capital needed for that investment. It is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases.
Be Aware
Like ROE % and ROA %, ROIC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Acushnet Holdings ROIC % Related Terms
Acushnet Holdings ROIC % Historical Data
* Premium members only.
The historical data trend for Acushnet Holdings's ROIC % 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.
For the Leisure subindustry, Acushnet Holdings's ROIC %, along with its competitors' market caps and ROIC % 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 ROIC % vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Acushnet Holdings's ROIC % distribution charts can be found below:
* The bar in red indicates where Acushnet Holdings's ROIC % falls into.
Note:
The Operating Income data used here is four times the quarterly (Mar. 2026) data.
The tax rate is limited to between 0% and 100%.
* 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.
Acushnet Holdings (FRA:163) has a ROIC % of 17.88% as of Mar. 2026. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Acushnet Holdings and its competitors.
Is Acushnet Holdings' ROIC % too high?
Acushnet Holdings' current ROIC % is 17.88%. The Travel & Leisure industry median ROIC % is 3.77. Acushnet Holdings' value of 17.88% is 374.9% above this industry median. Overall, Acushnet Holdings has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Acushnet Holdings' ROIC % compare to LTH and PLNT?
Acushnet Holdings' ROIC % of 17.88% can be compared against companies in the Travel & Leisure industry. The industry median ROIC % is 3.77. Acushnet Holdings' value of 17.88% is 374.9% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROIC % for a Travel & Leisure company?
The median ROIC % among Travel & Leisure companies is 3.77, based on 834 companies in the industry. Companies in the top quartile (top 25%) have a ROIC % significantly above this median, while those in the bottom quartile fall well below. However, ROIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Acushnet Holdings's current ROIC % of 17.88% is 374.9% 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 ROIC % mean?
A high ROIC % can signal that a stock is expensive relative to its fundamentals. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Acushnet Holdings and its competitors. For the Travel & Leisure industry, the median ROIC % is 3.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Acushnet Holdings's current ROIC % is 17.88%. 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 (FRA:163) is currently considered Significantly Overvalued. The stock's GF Value™ is €68.92, compared to a current price of €102.00 — trading 48% above its estimated fair value. The current ROIC % is 17.88% and 374.9% above the Travel & Leisure industry median of 3.77. Acushnet Holdings' overall GF Score™ is 79/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROIC % calculated?
ROIC % is calculated from a company's financial statements. For Acushnet Holdings (FRA:163), the current ROIC % is 17.88% 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 (FRA:163) Overvalued in 2026?
Based on GuruFocus' analysis, Acushnet Holdings stock appears to be overvalued.
The current stock price of €102.00 is trading 48% above its estimated GF Value™ of €68.92.
GuruFocus considers Acushnet Holdings to be Significantly Overvalued.
Key valuation signals for FRA:163:
ROIC %: 17.88%
GF Value™: €68.92 vs. price of €102.00 (48% above fair value)
Industry Position: 374.9% above the Travel & Leisure median
No single metric tells the full story. See the FRA:163 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.
79GF Score
Get the complete analysis for FRA:163
ROIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:163 has been successfully added to your 
