WallStSmart

Amer Sports, Inc. (AS)vsTopgolf Callaway Brands Corp. (MODG)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Amer Sports, Inc. generates 73% more annual revenue ($7.04B vs $4.06B). AS leads profitability with a 6.5% profit margin vs -0.4%. MODG appears more attractively valued with a PEG of 0.67. AS earns a higher WallStSmart Score of 65/100 (C+).

AS

Buy

65

out of 100

Grade: C+

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

MODG

Hold

46

out of 100

Grade: D+

Growth: 4.0Profit: 3.0Value: 7.7Quality: 5.0
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

Intrinsic value data unavailable for AS.

MODGUndervalued (+53.4%)

Margin of Safety

+53.4%

Fair Value

$31.47

Current Price

$14.68

$16.79 discount

UndervaluedFair: $31.47Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

AS5 strengths · Avg: 8.6/10
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
0.818/10

Growing faster than its price suggests

Price/BookValuation
2.9x8/10

Reasonable price relative to book value

EPS GrowthGrowth
20.8%8/10

Earnings expanding 20.8% YoY

MODG2 strengths · Avg: 9.0/10
Price/BookValuation
1.1x10/10

Reasonable price relative to book value

PEG RatioValuation
0.678/10

Growing faster than its price suggests

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
44.9x2/10

Premium valuation, high expectations priced in

MODG4 concerns · Avg: 2.3/10
Operating MarginProfitability
0.0%3/10

Operating margin of 0.0%

Return on EquityProfitability
-0.5%2/10

ROE of -0.5% — below average capital efficiency

Revenue GrowthGrowth
-0.1%2/10

Revenue declined 0.1%

EPS GrowthGrowth
-0.7%2/10

Earnings declined 0.7%

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 0.81 suggests the stock is reasonably priced for its growth.

Bull Case : MODG

The strongest argument for MODG centers on Price/Book, PEG Ratio. PEG of 0.67 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 44.9x leaves little room for execution misses.

Bear Case : MODG

The primary concerns for MODG are Operating Margin, Return on Equity, Revenue Growth.

Key Dynamics to Monitor

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

AS carries more volatility with a beta of 2.04 — expect wider price swings.

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

MODG generates stronger free cash flow (162M), providing more financial flexibility.

Bottom Line

AS scores higher overall (65/100 vs 46/100) and 32.1% revenue growth. MODG offers better value entry with a 53.4% margin of safety. Both earn "Buy" and "Hold" 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. stands as a prominent global leader in the sports equipment and apparel industry, based in Finland. With a robust portfolio that includes high-performance brands such as Salomon, Wilson, and Atomic, the company caters to multiple sports markets ranging from skiing to tennis. Committed to innovation and sustainability, Amer Sports integrates the latest technological advancements into its offerings, resonating with the increasing global focus on health and fitness. This strategic commitment positions the company to effectively serve a diverse customer base of recreational and competitive athletes worldwide, ensuring continued growth and market relevance.

Topgolf Callaway Brands Corp.

CONSUMER CYCLICAL · LEISURE · USA

Topgolf Callaway Brands Corp. The company is headquartered in Carlsbad, California.

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