Escalade Incorporated logo

Escalade Incorporated(ESCA)

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ADVISORIES YOU CAN VERIFY
QUALITY SIGNAL
3-STAR RATING
PASS
LAST CLOSE
$19.52
09/25/2026
(24-hour delay)

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*as per simulation (see disclosures)
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Upturn Advisory & Investor View for ESCA

09/25/2026: ESCA (3-star) is currently NOT-A-BUY. Pass it for now.

Escalade Incorporated is a specialized manufacturer and distributor of branded sporting goods and recreational equipment, including basketball systems, table tennis gear, and archery products. The company's core strength lies in its portfolio of high-loyalty, niche brands that maintain premium market positions. Investors are drawn to the company's long-term commitment to dividend payouts and its ability to grow through selective, value-driven acquisitions. However, the business faces significant risks from cyclical consumer spending, raw material costs, and intense competition from larger retailers and low-cost imports. It is best suited for income-focused or value-oriented investors who should closely monitor consumer spending trends and the firm's success in managing supply chain logistics.

How to Read the Upturn Advisory

The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.

Company fundamentals, valuation, risks, and news provide supporting context about the business.

Investor Fit

Investor styleFitWhy
Growth investorMixed fitGrowth is largely driven by niche market performance and acquisitions rather than rapid, disruptive expansion.
Momentum investorMixed fitMomentum potential is conditional on positive market cycles for outdoor and home recreation equipment.
Value investorStrong fitThe company often trades at valuations that reflect its stable, niche-oriented business model.
Dividend investorStrong fitThe company has a consistent history of returning cash to shareholders through quarterly dividends.
Low-risk investorMixed fitWhile established, the stock is subject to consumer discretionary volatility and supply chain headwinds.

Risk Profile

Risk factorLevelWhy it matters
Price volatilityMediumThe stock can experience price swings based on seasonal earnings reports and shifts in discretionary spending.
Valuation riskLowThe stock is generally priced based on stable earnings, reducing the likelihood of extreme overvaluation.
Competition risk (niche goods)Medium / highCompetition from low-cost importers and shifting consumer trends poses a constant threat to market share.
Business qualityMediumThe company possesses a solid brand portfolio but lacks the massive scale of industry giants.
Dividend incomeMediumDividend sustainability depends on consistent free cash flow generation from the core sporting segments.
Execution riskMediumSuccessful growth depends on managing supply chains and integrating future acquisitions effectively.

Price Behavior

Strong Uptrend
PRICE PATH

Strong Uptrend

The stock has maintained a strong upward price trend across the last three quarters.

Moderately Choppy
PRICE STABILITY

Moderately Choppy

The stock has experienced noticeable price swings while retaining some directional structure.

Analysis of Past Performance

Type Stock
Historic Profit 23.68%
Avg. Invested days 46
Today’s Advisory PASS
Upturn Advisory Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 3.0
Stock Returns Performance Upturn Returns Performance icon 3.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 09/25/2026

Upturn Scorecard

Upturn Star Rating

★★★★★
ESCA receives a 3-star rating, supported by solid quantitative characteristics. The rating is constrained by weak price momentum.

Company Fundamentals

★★★★★
ESCA has moderate overall fundamentals (3 stars), with moderate financial health, moderate growth momentum, and solid ownership. In FY2025 versus FY2024, moderate earnings growth (+5.5%) and solid cash generation (FCF margin 11.9%) are partially offset by slightly negative revenue growth (-4.5%), soft profitability (net margin 5.7%).

Financial Health Rating

★★★★★
ESCA's financial health is supported by solid liquidity, including working-capital and asset support (WC/assets 45.1%). Profitability is soft (2 stars), which helps explain the 3-star overall score.

Growth Momentum Score

★★★★★
Earnings growth is ESCA's strongest growth driver at +5.5% FY2025 versus FY2024 (moderate, 3 stars). By comparison, while revenue growth (-4.5%, slightly negative) and free-cash-flow growth (-16.2%, negative) hold the profile back, so recent growth is not broad-based across the business.

Ownership

★★★★★
Institutional ownership is 31.7% and approximately 69.2% of outstanding shares are publicly tradable, supporting liquidity and institutional participation. Insider ownership of 39.78% supports management-shareholder alignment.

Top 5 Institutional Investors

Minerva Advisors LLC 4.12%
BlackRock Inc 3.92%
Dimensional Fund Advisors, Inc. 3.35%
North Star Investment Management Corp 3.05%
Vanguard Capital Management, LLC 2.89%

Unit Economics (Per $1K Revenue)

★★★★★
ESCA generates approximately $260 of gross profit, $78 of operating income, and $119 of free cash flow for every $1,000 of revenue. Based on FY2025 results. Strong cash conversion and healthy margins support the rating, although capital efficiency remains below the highest tier.

Economic Dimensions

★★★★★
Effective Tax Rate: 23.98%

Quantitative Style Profile

★★★★★
ESCA has a high-quality, liquid, relatively low-volatility profile. Weak momentum is the primary drawback.

Style Classification

Quality Focused

Value-OrientedQuality TiltLow VolatilitySmall / Mid Cap RiskHighly Liquid / Institution-Friendly

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 265.82M USD
Price to earnings Ratio 11.43
1Y Target Price 24
Price to earnings Ratio 11.43
1Y Target Price 24
Volume (30-day avg) 31.3K shares
Beta 0.59
52 Weeks Range 11.10 - 23.07
Updated Date 09/24/2026
52 Weeks Range 11.10 - 23.07
Updated Date 09/24/2026
Dividends yield (FY) 3.16%
Basic EPS (TTM) 1.69

How Company Makes Money

Business areaWhat it includesRetail investor read
Sporting GoodsBasketball, table tennis, and archery equipment sold through retail and e-commerce.The company makes the most money selling branded recreational equipment to families and enthusiasts.
Geography (North America)Primary market is the US, with distribution through big-box retailers and direct-to-consumer.The vast majority of revenue comes from US customers, making the company highly sensitive to the US economy.

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

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Valuation

Trailing PE 11.43
Forward PE 15.77
Enterprise Value 262.68M
Price to Sales(TTM) 1.09
Enterprise Value 262.68M
Price to Sales(TTM) 1.09
Enterprise Value to Revenue 1.08
Enterprise Value to EBITDA 7.32
Shares Outstanding 13.77M
Shares Floating 9.53M
Shares Outstanding 13.77M
Shares Floating 9.53M
Percent Insiders 39.78
Percent Institutions 31.66

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Financial Metrics

🧭 Investment Snapshot

Total Revenue (Scale)

Information icon Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.

Net Income (Profit)

Information icon Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.

Free Cash Flow (Cash Strength)

Information icon Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.

📈 Growth & Strength

Operating Income (Core Profit)

Information icon Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.

EBITDA (Cash Earnings)

Information icon Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.

Gross Profit (Unit Profitability)

Information icon Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.

🛡️ Financial Safety

Cash (Liquidity Buffer)

Information icon Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.

Total Debt (Leverage Risk)

Information icon Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.

Net Working Capital (Short-Term Health)

Information icon Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.

🧱 Balance Sheet Strength

Stockholder Equity (Net Worth)

Information icon Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.

Total Assets (Asset Base)

Information icon The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.

Income Before Tax (Pre-Tax Earnings)

Information icon Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.

⚙️ Cost & Drag Factors

Cost of Revenue (Production Cost)

Information icon Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.

Total Operating Expenses (Operating Cost)

Information icon Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.

Income Tax Expense (Tax Drag)

Information icon Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.

About Escalade Incorporated

Exchange NASDAQ
Headquarters Evansville, IN, United States
IPO Launch date 1992-02-25
President, CEO & Director Mr. Patrick J. Griffin
Sector Consumer Cyclical
Industry Leisure
Full time employees 437
Full time employees 437

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.