Escalade Inc. (ESCA) intrinsic value & 10-year financials
Escalade Inc. (ESCA) has a Graham intrinsic value of $11.36 per share. At $18.49 on Oct 17, 2026, the stock trades 63% above that value. Over the last 10 fiscal years revenue grew 2.6% a year to $240.2M, with an average return on invested capital of 9.5%.
- Graham intrinsic value
- $11.36
- Share price (Oct 17, 2026)
- $18.49
- Price vs Graham value
- 63% above
- Market cap
- $256.3M
- Revenue (FY2025)
- $240.2M
- Revenue growth (10-yr CAGR)
- 2.6%
- ROIC (10-yr avg)
- 9.5%
- Free cash flow (FY2025)
- $28.5M
ESCA 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $240.2M | $13.7M | $0.99 | $28.5M | 7.8% | 7.7% |
| FY2024 | $251.5M | $13.0M | $0.93 | $34.0M | 8.0% | 7.1% |
| FY2023 | $263.6M | $9.8M | $0.71 | $46.2M | 6.8% | 5.8% |
| FY2022 | $313.8M | $18.0M | $1.31 | $6.4M | 8.4% | 9.1% |
| FY2021 | $313.6M | $24.4M | $1.76 | -$8.8M | 10.2% | 13.9% |
| FY2020 | $273.6M | $25.9M | $1.82 | -$2.8M | 12.1% | 18.1% |
| FY2019 | $203.4M | $7.3M | $0.50 | $13.9M | 4.6% | 6.1% |
| FY2018 | $195.8M | $20.4M | $1.41 | $3.7M | 7.1% | 8.3% |
| FY2017 | $195.8M | $14.1M | $0.98 | $10.6M | 7.5% | 10.2% |
| FY2016 | $190.0M | $11.5M | $0.80 | $9.5M | 7.7% | 8.5% |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
ESCALADE INC has demonstrated mature, steady growth, with revenue compounding at 2.6% annually over the past decade.
ESCALADE INC returns on capital have been average, hovering around 9.5% ROIC over the decade.
ESCALADE INC has not shown aggressive share repurchases (>10% retirement) or a major balance-sheet leverage increase (>50% net debt growth) over the 10-year window.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, ESCALADE INC is modeled at 2.4% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $11.36 per share.