Critical Analysis: Sacks Parente Golf (SPGC) and The Competition

Institutional & Insider Ownership

0.5% of Sacks Parente Golf shares are owned by institutional investors. Comparatively, 49.9% of shares of all “Sporting & athletic goods, not elsewhere classified” companies are owned by institutional investors. 56.1% of Sacks Parente Golf shares are owned by company insiders. Comparatively, 20.2% of shares of all “Sporting & athletic goods, not elsewhere classified” companies are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

Profitability

This table compares Sacks Parente Golf and its competitors’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Sacks Parente Golf	-391.56%	-99.40%	-90.18%
Sacks Parente Golf Competitors	-85.08%	-165.11%	-26.35%

Risk and Volatility

Sacks Parente Golf has a beta of 3.15, indicating that its share price is 215% more volatile than the S&P 500. Comparatively, Sacks Parente Golf’s competitors have a beta of 1.51, indicating that their average share price is 51% more volatile than the S&P 500.

Valuation and Earnings

This table compares Sacks Parente Golf and its competitors top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Sacks Parente Golf	$1.38 million	-$4.62 million	-0.49
Sacks Parente Golf Competitors	$3.01 billion	$70.67 million	17.66

Sacks Parente Golf’s competitors have higher revenue and earnings than Sacks Parente Golf. Sacks Parente Golf is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.

Summary

Sacks Parente Golf competitors beat Sacks Parente Golf on 6 of the 9 factors compared.

About Sacks Parente Golf

Sacks Parente Golf, Inc., a technology-forward golf company, manufactures and sells golf products. The company provides putting instruments, golf shafts, golf grips, and other golf-related products. It also offers online custom fitting programs. The company sells its products through e-commerce, distributors, wholesale customers, including pro-shops at golf courses and off-course retailers, sporting goods retailers, online retailers, third-party distributors, and through Club Champion Golf, as well as through mass merchants and corporate customers in the Americas, Asia, and Europe. The company was formerly known as Sacks Parente Golf Company, LLC and changed its name to Sacks Parente Golf, Inc. in March 2022. The company was incorporated in 2018 and is based in Camarillo, California.