Consumer Cyclicals

Leisure Goods Products

17 investable US stocks · data to Saturday, October 24, 2026

Acquirer's Multiple percentile today30th percentile

Dearer than in 59% of quarters since 1999Its usual range since 1999 is the 17th to 43rd percentile (the middle 80% of quarters), with a median of the 29th. Lower is cheaper: the 10th percentile is cheaper than 90% of the investable US market; the 50th is the middle.

Is it cheap because returns are depressed?

The industry is in its usual range on the multiple, and returns on assets are in their usual range. Free cash flow yield is high (higher than in 74% of quarters). A low multiple can be warranted when returns on assets are low, and a high one when they are high, so the multiple reads best next to returns and free cash flow, each against the industry's own history.

Over- or under-earning?

Under-earning

Return on assets ranks at the 48th percentile of investable US stocks, against a median of the 66th and a low of the 17th since 1999. That is well below its usual level, so it may be under-earning, and today's multiple is likely too high on a normalized basis. If earnings normalize, the multiple would likely stay about where it is: from the 30th percentile today (cheaper than 70% of investable US stocks), around the 29th, judging by where it sat in past quarters when returns were at their usual level. If returns fell to their low, it would be around the 31st (cheaper than 69% of investable US stocks).

Percentile	Today	Returns normal	Returns at low
Return on assets (higher is better)	48th	66th (median)	17th (low)
Acquirer's Multiple (lower is cheaper)	30th	29th	31st

Leisure Goods Products's return on assets as a percentile, quarterly since 1999. The shaded band is its usual range; the dashed line its median.

Percentiles among investable US stocks. Return on assets is operating income over total assets, trailing 12 months. The last two columns show where it sat in past quarters when returns were within 7.5 points of their median (53 quarters) and of their low (2). The past, not a forecast.

Against its own history

Each chart is the industry's median stock as a percentile of all investable US stocks, quarterly since 1999. For the Acquirer's Multiple and debt to equity, lower is better. The shaded band is its usual range (the middle 80% of quarters); the dashed line is its long-run median; the dot is today. Green shading marks the better end of each scale and red the worse, and today's dot takes the colour of where it sits.

Acquirer's MultipleUsual rangePercentile of enterprise value ÷ operating income: lower is cheaper. Dearer than in 59% of quarters since 1999.

Free cash flow yieldHigher than usualPercentile of free cash flow yield: higher is a bigger yield. Higher than in 74% of quarters since 1999.

Shareholder yieldUsual rangeDividends plus buybacks, as a percentile: higher is a bigger yield. Higher than in 55% of quarters since 1999.

Dividend yieldLower than usualPercentile of dividend yield: higher is a bigger yield. Lower than in 88% of quarters since 1999.

Return on assets, 5-yrUsual rangePercentile of five-year return on assets: higher is better. Lower than in 56% of quarters since 1999.

Debt to equityMore debt than usualPercentile of debt to equity: lower is less debt. More indebted than in 70% of quarters since 1999.

Company sizeUsual rangePercentile of market cap: higher is larger. Smaller than in 66% of quarters since 1999.

Leisure Goods Products stocks in the screens today

In today's screens, cheapest first. ● marks one of a screen's 30 tracked picks.

Stock	Screen	Acquirer's Multiple	FCF yield	Shareholder yield

7 more stocks for account holders. Sign up free or log in

Other Consumer Cyclicals industries

Electronics and Entertainment Retail dearer than 51%Apparel and Accessories Retail dearer than 58%Apparel and Accessory Products dearer than 58%Home Builders and Manufactured Buildings dearer than 66%Other Retail dearer than 66%Auto Retail dearer than 70%Consumer Vehicles and Parts dearer than 76%Home Improvement Retail dearer than 76%

Quarterly since 1999 from point-in-time data. Each quarter, every investable US stock (price above $3, market cap above $75M, average daily trading above $850,000, no OTC, ADRs or MLPs) is placed in a percentile (0-100) against all the others on each metric. An industry's value is the median percentile of its stocks. Industries follow FactSet's RBICS classification. Percentiles describe the past; they are not investment advice or a forecast.