Escalade, Incorporated (ESCA) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

+51.9%

$31.81

vs $20.94 price

Levered DCF

$26.43

After debt service

Piotroski score

5 / 9

Average

Altman Z-score

5.92

Safe zone

Rating

A+

Overall 5 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
P/E	13.49×	15.19×	27.9×	7.65×	8.81×	11.79×	19.66×	8.06×
P/B	1.07×	1.17×	1.67×	0.87×	1.47×	2.2×	1.12×	1.29×
P/S	0.77×	0.79×	1.05×	0.44×	0.69×	1.12×	0.78×	0.94×
EV / EBITDA	8.08×	8.45×	14.26×	7.35×	7.37×	9.01×	10.29×	9.18×
Gross margin	26.0%	24.7%	23.4%	23.5%	24.6%	27.3%	23.5%	25.6%
Operating margin	7.8%	8.0%	6.8%	8.4%	10.2%	12.1%	5.1%	7.9%
Net margin	5.7%	5.2%	3.7%	5.7%	7.8%	9.5%	4.0%	11.6%
Current ratio	4.28×	3.88×	4.41×	4.83×	3.55×	3.16×	4.77×	5.26×
Debt / equity	0.11×	0.16×	0.36×	0.66×	0.41×	0.23×	0.01×	0×
Interest coverage	22.4×	8.69×	3.33×	6.96×	21.12×	132.13×	26.05×	32.36×
Dividend yield	4.5%	4.2%	2.2%	5.9%	3.6%	2.4%	5.1%	4.4%
Payout ratio	60.4%	64.0%	62.9%	45.3%	31.5%	28.8%	99.3%	35.3%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	7.9%	7.7%	6.0%	11.4%	16.6%	18.6%	5.8%	15.9%
Return on invested capital	7.1%	7.3%	6.1%	7.8%	12.0%	14.8%	5.7%	8.0%
Return on assets	6.2%	5.7%	3.9%	6.0%	9.7%	11.8%	4.9%	13.7%
Free cash flow yield	15.4%	17.2%	16.8%	4.6%	-4.0%	-0.9%	9.8%	2.2%
Earnings yield	7.4%	6.6%	3.6%	13.0%	11.3%	8.5%	5.1%	12.4%
Enterprise value	$193.4M	$220.8M	$335.3M	$238.7M	$271.9M	$333.9M	$137M	$162.3M
Net debt / EBITDA	0.33×	0.87×	2.54×	3.1×	1.52×	0.76×	-0.35×	-0.16×
Cash conversion cycle (days)	192	194	219	238	195	182	163	178