WallStSmart

Amer Sports, Inc. (AS)vsCallaway Golf Company (CALY)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Amer Sports, Inc. generates 232% more annual revenue ($7.04B vs $2.12B). AS leads profitability with a 6.5% profit margin vs -15.0%. CALY appears more attractively valued with a PEG of 0.72. AS earns a higher WallStSmart Score of 67/100 (B-).

AS

Strong Buy

67

out of 100

Grade: B-

Growth: 9.3Profit: 5.5Value: 5.7Quality: 7.0
Piotroski: 4/9Altman Z: 1.81

CALY

Strong Buy

66

out of 100

Grade: B-

Growth: 6.0Profit: 4.5Value: 6.0Quality: 5.5
Piotroski: 3/9Altman Z: 0.67
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

Intrinsic value data unavailable for AS.

CALYUndervalued (+15.9%)

Margin of Safety

+15.9%

Fair Value

$17.90

Current Price

$18.24

$0.34 discount

UndervaluedFair: $17.90Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

AS4 strengths · Avg: 8.8/10
Revenue GrowthGrowth
32.1%10/10

Revenue surging 32.1% year-over-year

Debt/EquityHealth
0.159/10

Conservative balance sheet, low leverage

PEG RatioValuation
0.788/10

Growing faster than its price suggests

EPS GrowthGrowth
20.8%8/10

Earnings expanding 20.8% YoY

CALY4 strengths · Avg: 8.5/10
EPS GrowthGrowth
2403.0%10/10

Earnings expanding 2403.0% YoY

PEG RatioValuation
0.728/10

Growing faster than its price suggests

Price/BookValuation
1.6x8/10

Reasonable price relative to book value

Operating MarginProfitability
20.1%8/10

Strong operational efficiency at 20.1%

Areas to Watch

AS4 concerns · Avg: 3.0/10
Altman Z-ScoreHealth
1.814/10

Grey zone — moderate risk

Return on EquityProfitability
6.8%3/10

ROE of 6.8% — below average capital efficiency

Profit MarginProfitability
6.5%3/10

6.5% margin — thin

P/E RatioValuation
43.0x2/10

Premium valuation, high expectations priced in

CALY4 concerns · Avg: 2.5/10
Return on EquityProfitability
2.2%3/10

ROE of 2.2% — below average capital efficiency

Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

P/E RatioValuation
71.6x2/10

Premium valuation, high expectations priced in

Free Cash FlowQuality
$-176.00M2/10

Negative free cash flow — burning cash

Comparative Analysis Report

WallStSmart Research

Bull Case : AS

The strongest argument for AS centers on Revenue Growth, Debt/Equity, PEG Ratio. Revenue growth of 32.1% demonstrates continued momentum. PEG of 0.78 suggests the stock is reasonably priced for its growth.

Bull Case : CALY

The strongest argument for CALY centers on EPS Growth, PEG Ratio, Price/Book. PEG of 0.72 suggests the stock is reasonably priced for its growth.

Bear Case : AS

The primary concerns for AS are Altman Z-Score, Return on Equity, Profit Margin. A P/E of 43.0x leaves little room for execution misses.

Bear Case : CALY

The primary concerns for CALY are Return on Equity, Piotroski F-Score, P/E Ratio. A P/E of 71.6x leaves little room for execution misses.

Key Dynamics to Monitor

AS profiles as a hypergrowth stock while CALY is a turnaround play — different risk/reward profiles.

AS carries more volatility with a beta of 2.06 — expect wider price swings.

AS is growing revenue faster at 32.1% — sustainability is the question.

AS generates stronger free cash flow (94M), providing more financial flexibility.

Bottom Line

AS scores higher overall (67/100 vs 66/100) and 32.1% revenue growth. CALY offers better value entry with a 15.9% margin of safety. Both earn "Strong Buy" and "Strong Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Amer Sports, Inc.

CONSUMER CYCLICAL · LEISURE · USA

Amer Sports, Inc. is a leading global player in the sports equipment and apparel industry, based in Finland and boasts a well-diversified portfolio featuring esteemed brands such as Salomon, Wilson, and Atomic. The company focuses on catering to both recreational and professional athletes across a wide range of sports, including skiing and tennis. Committed to innovation and sustainability, Amer Sports integrates advanced technology and environmentally responsible practices into its product development, reflecting the rising global demand for health-conscious solutions. This strategic direction positions the company well for long-term growth and resilience in an increasingly competitive market.

Callaway Golf Company

CONSUMER CYCLICAL · LEISURE · USA

Callaway Golf Company designs, manufactures, and sells golf equipment, golf and lifestyle apparel, and other accessories in the United States, Europe, Asia, and Internationally. The company is headquartered in Carlsbad, California.

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