HASBRO INC (HAS) Stock Fundamental Analysis
NASDAQ:HAS - Nasdaq - US4180561072 - Common Stock
Taking everything into account, HAS scores 5 out of 10 in our fundamental rating. HAS was compared to 30 industry peers in the Leisure Products industry. There are concerns on the financial health of HAS while its profitability can be described as average. HAS is valued quite cheap, but it does not seem to be growing. HAS also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year HAS was profitable.
In the past year HAS had a positive cash flow from operations.
Of the past 5 years HAS 4 years were profitable.
HAS had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
HAS has a worse Return On Assets (-8.87%) than 66.67% of its industry peers.
HAS has a worse Return On Equity (-49.81%) than 70.00% of its industry peers.
HAS has a Return On Invested Capital of 9.67%. This is in the better half of the industry: HAS outperforms 80.00% of its industry peers.
HAS had an Average Return On Invested Capital over the past 3 years of 8.46%. This is in line with the industry average of 8.25%.
The 3 year average ROIC (8.46%) for HAS is below the current ROIC(9.67%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -8.87% | ||
| ROE | -49.81% | ||
| ROIC | 9.67% |
ROA(3y)-5.44%
ROA(5y)-1.67%
ROE(3y)-39.63%
ROE(5y)-18.77%
ROIC(3y)8.46%
ROIC(5y)7.74%
1.3 Margins
HAS's Operating Margin of 14.92% is amongst the best of the industry. HAS outperforms 100.00% of its industry peers.
In the last couple of years the Operating Margin of HAS has grown nicely.
With an excellent Gross Margin value of 59.94%, HAS belongs to the best of the industry, outperforming 93.33% of the companies in the same industry.
In the last couple of years the Gross Margin of HAS has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 14.92% | ||
| PM (TTM) | N/A | ||
| GM | 59.94% |
OM growth 3Y-14.38%
OM growth 5Y2.73%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-0.45%
GM growth 5Y2.01%
2. Health
2.1 Basic Checks
HAS has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
The number of shares outstanding for HAS has been increased compared to 1 year ago.
The number of shares outstanding for HAS has been increased compared to 5 years ago.
The debt/assets ratio for HAS is higher compared to a year ago.
2.2 Solvency
An Altman-Z score of 2.33 indicates that HAS is not a great score, but indicates only limited risk for bankruptcy at the moment.
HAS has a Altman-Z score (2.33) which is comparable to the rest of the industry.
HAS has a debt to FCF ratio of 4.64. This is a neutral value as HAS would need 4.64 years to pay back of all of its debts.
HAS has a Debt to FCF ratio (4.64) which is comparable to the rest of the industry.
A Debt/Equity ratio of 2.69 is on the high side and indicates that HAS has dependencies on debt financing.
Looking at the Debt to Equity ratio, with a value of 2.69, HAS is doing worse than 83.33% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.69 | ||
| Debt/FCF | 4.64 | ||
| Altman-Z | 2.33 |
ROIC/WACC1.22
WACC7.94%
2.3 Liquidity
A Current Ratio of 1.47 indicates that HAS should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.47, HAS is doing worse than 76.67% of the companies in the same industry.
HAS has a Quick Ratio of 1.29. This is a normal value and indicates that HAS is financially healthy and should not expect problems in meeting its short term obligations.
HAS has a Quick ratio (1.29) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.47 | ||
| Quick Ratio | 1.29 |
3. Growth
3.1 Past
HAS shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 14.20%, which is quite good.
HAS shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -8.08% yearly.
HAS shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -19.84%.
HAS shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 1.79% yearly.
EPS 1Y (TTM)14.2%
EPS 3Y-12.33%
EPS 5Y-8.08%
EPS Q2Q%5.49%
Revenue 1Y (TTM)-19.84%
Revenue growth 3Y-2.9%
Revenue growth 5Y1.79%
Sales Q2Q%-14.77%
3.2 Future
HAS is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 20.28% yearly.
Based on estimates for the next years, HAS will show a decrease in Revenue. The Revenue will decrease by -0.22% on average per year.
EPS Next Y56%
EPS Next 2Y32.99%
EPS Next 3Y24.98%
EPS Next 5Y20.28%
Revenue Next Year-20.02%
Revenue Next 2Y-8.53%
Revenue Next 3Y-4.42%
Revenue Next 5Y-0.22%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 14.55, the valuation of HAS can be described as correct.
HAS's Price/Earnings ratio is a bit cheaper when compared to the industry. HAS is cheaper than 80.00% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 27.96. HAS is valued slightly cheaper when compared to this.
HAS is valuated correctly with a Price/Forward Earnings ratio of 12.87.
HAS's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. HAS is cheaper than 73.33% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 24.11. HAS is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.55 | ||
| Fwd PE | 12.87 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as HAS.
90.00% of the companies in the same industry are more expensive than HAS, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.37 | ||
| EV/EBITDA | 12.5 |
4.3 Compensation for Growth
HAS's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The decent profitability rating of HAS may justify a higher PE ratio.
A more expensive valuation may be justified as HAS's earnings are expected to grow with 24.98% in the coming years.
PEG (NY)0.26
PEG (5Y)N/A
EPS Next 2Y32.99%
EPS Next 3Y24.98%
5. Dividend
5.1 Amount
HAS has a Yearly Dividend Yield of 4.85%, which is a nice return.
In the last 3 months the price of HAS has falen by -21.39%. A price decline artificially increases the dividend yield. It may be a sign investors do not expect the dividend to last.
HAS's Dividend Yield is rather good when compared to the industry average which is at 4.09. HAS pays more dividend than 90.00% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.29, HAS pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.85% |
5.2 History
The dividend of HAS has a limited annual growth rate of 2.53%.
HAS has been paying a dividend for at least 10 years, so it has a reliable track record.
HAS has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)2.53%
Div Incr Years2
Div Non Decr Years11
5.3 Sustainability
HAS has negative earnings and hence a negative payout ratio. The dividend may be in danger.
HAS's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP-60.71%
EPS Next 2Y32.99%
EPS Next 3Y24.98%
HASBRO INC
NASDAQ:HAS (1/17/2025, 8:05:31 PM)
After market: 57.34 0 (0%)57.34
-0.4 (-0.69%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryLeisure Products
Earnings (Last)
Earnings (Next)
Inst Owners88.2%
Inst Owner Change-0.07%
Ins Owners0.52%
Ins Owner Change3.44%
Market Cap8.00B
Analysts84.21
Price Target80.52 (40.43%)
Short Float %3.41%
Short Ratio2.86
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.85% |
Yearly Dividend2.8
Dividend Growth(5Y)2.53%
DP-60.71%
Div Incr Years2
Div Non Decr Years11
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)44.41%
Min EPS beat(2)34.03%
Max EPS beat(2)54.79%
EPS beat(4)3
Avg EPS beat(4)42.76%
Min EPS beat(4)-42.71%
Max EPS beat(4)124.94%
EPS beat(8)5
Avg EPS beat(8)20.18%
EPS beat(12)7
Avg EPS beat(12)16.93%
EPS beat(16)11
Avg EPS beat(16)25.08%
Revenue beat(2)1
Avg Revenue beat(2)1.2%
Min Revenue beat(2)-2.04%
Max Revenue beat(2)4.44%
Revenue beat(4)2
Avg Revenue beat(4)-0.48%
Min Revenue beat(4)-5.85%
Max Revenue beat(4)4.44%
Revenue beat(8)4
Avg Revenue beat(8)1%
Revenue beat(12)6
Avg Revenue beat(12)0.86%
Revenue beat(16)8
Avg Revenue beat(16)1.13%
PT rev (1m)0%
PT rev (3m)7.51%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-61.78%
EPS NY rev (1m)0%
EPS NY rev (3m)3.88%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-10.19%
Revenue NY rev (1m)0.05%
Revenue NY rev (3m)-2.52%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.55 | ||
| Fwd PE | 12.87 | ||
| P/S | 1.85 | ||
| P/FCF | 9.37 | ||
| P/OCF | 7.63 | ||
| P/B | 6.21 | ||
| P/tB | N/A | ||
| EV/EBITDA | 12.5 |
EPS(TTM)3.94
EY6.87%
EPS(NY)4.46
Fwd EY7.77%
FCF(TTM)6.12
FCFY10.67%
OCF(TTM)7.52
OCFY13.11%
SpS30.99
BVpS9.23
TBVpS-10.98
PEG (NY)0.26
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -8.87% | ||
| ROE | -49.81% | ||
| ROCE | 12.46% | ||
| ROIC | 9.67% | ||
| ROICexc | 12.54% | ||
| ROICexgc | 42.67% | ||
| OM | 14.92% | ||
| PM (TTM) | N/A | ||
| GM | 59.94% | ||
| FCFM | 19.75% |
ROA(3y)-5.44%
ROA(5y)-1.67%
ROE(3y)-39.63%
ROE(5y)-18.77%
ROIC(3y)8.46%
ROIC(5y)7.74%
ROICexc(3y)9.49%
ROICexc(5y)10.65%
ROICexgc(3y)30.59%
ROICexgc(5y)30.14%
ROCE(3y)10.98%
ROCE(5y)10.02%
ROICexcg growth 3Y-2.14%
ROICexcg growth 5Y13.8%
ROICexc growth 3Y0.56%
ROICexc growth 5Y-2.22%
OM growth 3Y-14.38%
OM growth 5Y2.73%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-0.45%
GM growth 5Y2.01%
F-Score2
Asset Turnover0.6
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.69 | ||
| Debt/FCF | 4.64 | ||
| Debt/EBITDA | 4.18 | ||
| Cap/Depr | 106.73% | ||
| Cap/Sales | 4.51% | ||
| Interest Coverage | 4.18 | ||
| Cash Conversion | 126.7% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.47 | ||
| Quick Ratio | 1.29 | ||
| Altman-Z | 2.33 |
F-Score2
WACC7.94%
ROIC/WACC1.22
Cap/Depr(3y)73.87%
Cap/Depr(5y)68.6%
Cap/Sales(3y)3.07%
Cap/Sales(5y)2.87%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)14.2%
EPS 3Y-12.33%
EPS 5Y-8.08%
EPS Q2Q%5.49%
EPS Next Y56%
EPS Next 2Y32.99%
EPS Next 3Y24.98%
EPS Next 5Y20.28%
Revenue 1Y (TTM)-19.84%
Revenue growth 3Y-2.9%
Revenue growth 5Y1.79%
Sales Q2Q%-14.77%
Revenue Next Year-20.02%
Revenue Next 2Y-8.53%
Revenue Next 3Y-4.42%
Revenue Next 5Y-0.22%
EBIT growth 1Y-9.59%
EBIT growth 3Y-16.87%
EBIT growth 5Y4.57%
EBIT Next Year49.25%
EBIT Next 3Y20.97%
EBIT Next 5Y13.85%
FCF growth 1Y280.39%
FCF growth 3Y-15.33%
FCF growth 5Y0.42%
OCF growth 1Y169.1%
OCF growth 3Y-9.42%
OCF growth 5Y2.35%