HASBRO INC (HAS)
US4180561072 - Common Stock
Overall HAS gets a fundamental rating of 4 out of 10. We evaluated HAS against 32 industry peers in the Leisure Products industry. While HAS is still in line with the averages on profitability rating, there are concerns on its financial health. HAS is quite expensive at the moment. It does show a decent growth rate. Finally HAS also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
HAS had positive earnings in the past year.
HAS had a positive operating cash flow in the past year.
HAS had positive earnings in 4 of the past 5 years.
Each year in the past 5 years HAS had a positive operating cash flow.
1.2 Ratios
HAS has a worse Return On Assets (-22.77%) than 77.42% of its industry peers.
The Return On Equity of HAS (-140.25%) is worse than 90.32% of its industry peers.
HAS has a Return On Invested Capital (5.71%) which is comparable to the rest of the industry.
The Average Return On Invested Capital over the past 3 years for HAS is below the industry average of 11.20%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -22.77% | ||
| ROE | -140.25% | ||
| ROIC | 5.71% |
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 has a Operating Margin (6.59%) which is comparable to the rest of the industry.
In the last couple of years the Operating Margin of HAS has grown nicely.
The Gross Margin of HAS (57.34%) is better than 93.55% of its industry peers.
HAS's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 6.59% | ||
| PM (TTM) | N/A | ||
| GM | 57.34% |
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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), HAS is destroying value.
HAS has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, HAS has more shares outstanding
HAS has a worse debt/assets ratio than last year.
2.2 Solvency
HAS has an Altman-Z score of 2.44. This is not the best score and indicates that HAS is in the grey zone with still only limited risk for bankruptcy at the moment.
HAS has a Altman-Z score of 2.44. This is in the lower half of the industry: HAS underperforms 61.29% of its industry peers.
HAS has a debt to FCF ratio of 6.71. This is a slightly negative value and a sign of low solvency as HAS would need 6.71 years to pay back of all of its debts.
HAS has a worse Debt to FCF ratio (6.71) than 61.29% of its industry peers.
HAS has a Debt/Equity ratio of 2.79. This is a high value indicating a heavy dependency on external financing.
HAS's Debt to Equity ratio of 2.79 is on the low side compared to the rest of the industry. HAS is outperformed by 87.10% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.79 | ||
| Debt/FCF | 6.71 | ||
| Altman-Z | 2.44 |
ROIC/WACC0.65
WACC8.8%
2.3 Liquidity
HAS has a Current Ratio of 1.13. This is a normal value and indicates that HAS is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 1.13, HAS is doing worse than 90.32% of the companies in the same industry.
A Quick Ratio of 0.97 indicates that HAS may have some problems paying its short term obligations.
HAS has a worse Quick ratio (0.97) than 64.52% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.13 | ||
| Quick Ratio | 0.97 |
3. Growth
3.1 Past
The earnings per share for HAS have decreased strongly by -43.37% in the last year.
Measured over the past years, HAS shows a decrease in Earnings Per Share. The EPS has been decreasing by -8.08% on average per year.
Looking at the last year, HAS shows a very negative growth in Revenue. The Revenue has decreased by -14.57% in the last year.
HAS shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 1.79% yearly.
EPS 1Y (TTM)-43.37%
EPS 3Y-12.33%
EPS 5Y-8.08%
EPS growth Q2Q-70.99%
Revenue 1Y (TTM)-14.57%
Revenue growth 3Y-2.9%
Revenue growth 5Y1.79%
Revenue growth Q2Q-23.21%
3.2 Future
Based on estimates for the next years, HAS will show a very strong growth in Earnings Per Share. The EPS will grow by 29.11% on average per year.
Based on estimates for the next years, HAS will show a quite strong growth in Revenue. The Revenue will grow by 8.71% on average per year.
EPS Next Y30.5%
EPS Next 2Y24.37%
EPS Next 3Y21.72%
EPS Next 5Y29.11%
Revenue Next Year-18.87%
Revenue Next 2Y-8.1%
Revenue Next 3Y-3.73%
Revenue Next 5Y8.71%
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 accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 25.58, which means the current valuation is very expensive for HAS.
HAS's Price/Earnings ratio is a bit more expensive when compared to the industry. HAS is more expensive than 61.29% of the companies in the same industry.
When comparing the Price/Earnings ratio of HAS to the average of the S&P500 Index (24.92), we can say HAS is valued inline with the index average.
Based on the Price/Forward Earnings ratio of 19.60, the valuation of HAS can be described as rather expensive.
Compared to the rest of the industry, the Price/Forward Earnings ratio of HAS is on the same level as its industry peers.
The average S&P500 Price/Forward Earnings ratio is at 21.49. HAS is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.58 | ||
| Fwd PE | 19.6 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, HAS is valued a bit more expensive than 61.29% of the companies in the same industry.
The rest of the industry has a similar Price/Free Cash Flow ratio as HAS.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 17.38 | ||
| EV/EBITDA | 22.14 |
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.
A more expensive valuation may be justified as HAS's earnings are expected to grow with 21.72% in the coming years.
PEG (NY)0.84
PEG (5Y)N/A
EPS Next 2Y24.37%
EPS Next 3Y21.72%
5. Dividend
5.1 Amount
HAS has a Yearly Dividend Yield of 4.31%, which is a nice return.
HAS's Dividend Yield is rather good when compared to the industry average which is at 3.30. HAS pays more dividend than 93.55% of the companies in the same industry.
HAS's Dividend Yield is rather good when compared to the S&P500 average which is at 2.41.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.31% |
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 its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)2.53%
Div Incr Years2
Div Non Decr Years10
5.3 Sustainability
The earnings of HAS are negative and hence is the payout ratio. HAS will probably not be able to sustain this dividend level.
HAS's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP-26.05%
EPS Next 2Y24.37%
EPS Next 3Y21.72%
HASBRO INC
NASDAQ:HAS (4/26/2024, 7:00:02 PM)
After market: 64.47 0 (0%)64.47
-0.5 (-0.77%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryLeisure Products
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap8.97B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.31% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
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Revenue beat(2)
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PT rev (1m)
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EPS NY rev (3m)
Revenue NQ rev (1m)
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Revenue NY rev (1m)
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Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.58 | ||
| Fwd PE | 19.6 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)0.84
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -22.77% | ||
| ROE | -140.25% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 6.59% | ||
| PM (TTM) | N/A | ||
| GM | 57.34% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.76
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.79 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 1.13 | ||
| Quick Ratio | 0.97 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)-43.37%
EPS 3Y-12.33%
EPS 5Y
EPS growth Q2Q
EPS Next Y30.5%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-14.57%
Revenue growth 3Y-2.9%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y