Leisure Products


I always look at economics of the business
A bird in the hand is worth 2 in the bush and the question is how sure are you there are 2 in the bush and how long you have to wait to get them out
1. How many birds are in the bush?
2. When you gonna get them out?
3. How sure are you?
If interest rates are 15% roughly you've got 2 birds out of bush in 5 years equal to bird in the hand but if interest rates are 3% and you can get 2 birds out in 20 years it still makes sense to give up the bird in the hand because it's all gets back to discounting an interest rate. Often you don't know not only how many birds in the bush but in the case of internet companies there were not any birds in the bush but they still take the bird that you give them from the hand
Loop through all the subindustries and try to understand how many birds are in the bush from the perspective of economics of the business

Revenue

200020012002200320042005200620072008200920102011201220132014201520162017201820192020
Display GDP grow per year to compare with Revenue Change
1. Polaris Inc PII1,4261,5121,5211,6061,7731,8701,6571,7801,9481,5662,0092,6813,2103,8234,5414,7894,5955,5056,0796,783
2. BRP Inc DOOO2,6462,9052,8702,8053,8294,1724,4875,2446,053
3. Hasbro, Inc HAS3,7872,8562,8163,1392,9983,0883,1513,8384,0224,0684,0024,2864,0894,0824,2774,4485,0205,2104,5804,720
4. Mattel, Inc MAT4,6704,8044,8854,9605,1035,1795,6506,0195,9185,4315,8566,2666,4216,4856,0245,7035,4574,8824,5154,505
5. Brunswick Corporation BC3,8123,3713,7124,1295,2295,9245,6655,6714,7092,7763,4033,7483,7183,8883,8394,1064,4894,5105,1594,108
6. Vista Outdoor Inc VSTO1,1961,8742,0832,2712,5472,3082,0591,756
7. Callaway Golf Company ELY8388167928149359981,0181,1251,1179519688878348438878448711,0491,2431,701
8. Acushnet Holdings Corp GOLF1,5381,5031,5721,5601,6341,681
9. Peloton Interactive, Inc PTON2194359151,826
10. YETI Holdings, Inc YETI148469819639779914
11. Malibu Boats, Inc MBUU141167191229253282497684653
12. Smith & Wesson Brands, Inc SWBI552723903607638678
13. JAKKS Pacific, Inc JAKK252284310316574662765857903804747678667633810746707606568599
14. Johnson Outdoors Inc JOUT347346343316355381396432421357382407412426425430434491544562594
15. MasterCraft Boat Holdings, Inc MCFT162178214222229333466363
16. Sturm, Ruger & Company, Inc RGR203174162148146155168156181271255329493688544551664522496411
17. Nautilus, Inc NLS224364585499524631680501411189168180194219274336406406397309
18. Marine Products Corporation MPX14813516319425227226124417639101106149168171207241267299292
19. Clarus Corporation CLAR76146176203193155148171212229
20. Escalade, Incorporated ESCA116149155222221186191186149116121138151164138156168177176181
21. Summer Infant, Inc SUMR0068132153194238247208205206194190174173
22. Leatt Corporation LEAT014.3317.8816.8415.8518.6518.5316.52202428
23. Edison Nation, Inc EDNT17.316.0214.9616.519.63
24. Genius Brands International, Inc GNUS6.026.572.560.930.910.875.340.995.91
25. Brownie's Marine Group, Inc BWMG11.190002.972.944.23.214.72.392.182.212.862.872.742.762.262.032.542.97
26. AfterMaster, Inc AFTM1.010.230.130000000.140.210.520.230.280.180.31.920.881.650.98
27. Aluf Holdings, Inc AHIX7.828.176.438.229.119.487.446.15.411.480.710.660.290.240.240.290.03
28. Twin Vee PowerCats, Inc TVPC1.291.230.080.090.280.50.566.797.317.14
29. Western Metals Corporation WTLC141115624533
30. Xtreme Motorsports International, Inc XTMM4.20.300.08
31. DAC Technologies Group International, Inc DAAT2.151.992.764.769.3513.3515.4814.7817.0414.68
32. UMAX Group Corp UMAX00000
33. Coil Tubing Technology, Inc CTBG0.2305.547.776.146.87
34. Alliance Sports Group, L.P BOLL3843
35. The Ohio Art Company, Inc OART534747393019.72025
36. Spin Master Corp SNMSF5087168791,1541,5511,6320


Revenue Growth

200020012002200320042005200620072008200920102011201220132014201520162017201820192020
Display GDP growth per year to compare with Revenue Change
1. Polaris Inc PII1.061.061.011.061.11.050.891.071.090.81.281.331.21.191.191.050.961.21.11.12
2. BRP Inc DOOO1.11.10.990.981.371.091.081.171.15
3. Hasbro, Inc HAS0.750.750.991.110.961.031.021.221.051.010.981.070.9511.051.041.131.040.881.03
4. Mattel, Inc MAT1.031.031.021.021.031.011.091.070.980.921.081.071.021.010.930.950.960.890.921
5. Brunswick Corporation BC0.880.881.11.111.271.130.9610.830.591.231.10.991.050.991.071.0911.140.8
6. Vista Outdoor Inc VSTO1.571.571.111.091.120.910.890.85
7. Callaway Golf Company ELY0.970.970.971.031.151.071.021.10.990.851.020.920.941.011.050.951.031.21.191.37
8. Acushnet Holdings Corp GOLF0.980.981.050.991.051.03
9. Peloton Interactive, Inc PTON1.991.992.12
10. YETI Holdings, Inc YETI3.173.171.750.781.221.17
11. Malibu Boats, Inc MBUU1.191.191.141.21.111.111.761.380.95
12. Smith & Wesson Brands, Inc SWBI1.311.311.250.671.051.06
13. JAKKS Pacific, Inc JAKK1.131.131.091.021.821.151.161.121.050.890.930.910.980.951.280.920.950.860.941.05
14. Johnson Outdoors Inc JOUT110.990.921.121.071.041.090.970.851.071.071.011.0311.011.011.131.111.031.06
15. MasterCraft Boat Holdings, Inc MCFT1.11.11.211.031.031.461.40.78
16. Sturm, Ruger & Company, Inc RGR0.860.860.930.920.981.061.080.931.161.50.941.291.51.40.791.011.210.790.950.83
17. Nautilus, Inc NLS1.621.621.610.851.051.211.080.740.820.460.891.071.071.131.251.221.2110.980.78
18. Marine Products Corporation MPX0.910.911.211.191.31.080.960.930.720.222.561.051.41.131.021.211.171.111.120.98
19. Clarus Corporation CLAR1.921.921.211.150.950.80.951.151.241.08
20. Escalade, Incorporated ESCA1.281.281.041.4310.841.030.970.80.781.041.141.091.090.841.131.081.060.991.03
21. Summer Infant, Inc SUMRNANNANINF1.941.161.271.221.040.840.9910.940.980.911
22. Leatt Corporation LEATINFINF1.250.940.941.180.990.891.221.211.16
23. Edison Nation, Inc EDNT0.930.930.931.11.19
24. Genius Brands International, Inc GNUS1.091.090.390.360.980.956.160.195.95
25. Brownie's Marine Group, Inc BWMG00NANNANINF0.991.430.761.470.510.911.011.310.951.010.820.91.251.17
26. AfterMaster, Inc AFTM0.230.230.560NANNANNANNANNANINF1.452.540.431.240.651.666.330.461.870.59
27. Aluf Holdings, Inc AHIX1.041.040.791.281.111.040.780.820.890.270.480.930.440.821.011.180.11
28. Twin Vee PowerCats, Inc TVPC0.950.950.061.193.111.771.1212.111.080.98
29. Western Metals Corporation WTLC0.820.820.540.720.74
30. Xtreme Motorsports International, Inc XTMM0.070.070INF
31. DAC Technologies Group International, Inc DAAT0.920.921.391.731.971.431.160.951.150.86
32. UMAX Group Corp UMAXNANNANNANINF1.78
33. Coil Tubing Technology, Inc CTBG00INF1.40.791.12
34. Alliance Sports Group, L.P BOLLNANNANINF1.12
35. The Ohio Art Company, Inc OART0.870.871.010.830.760.671.041.23
36. Spin Master Corp SNMSF1.411.411.231.311.341.050