Spin Master Corp.

TSX:TOY Stock Report

Market Cap: CA$1.9b

Spin Master Valuation

Is TOY undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Below Future Cash Flow Value

  • Significantly Below Future Cash Flow Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Future Cash Flow Value

What is the Fair Price of TOY when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Ultimate guide to DCF valuation for stock investing

Learn how to determine fair value like the best investors in the world.

Below Future Cash Flow Value: TOY (CA$19.35) is trading below our estimate of future cash flow value (CA$29.03)

Significantly Below Future Cash Flow Value: TOY is trading below future cash flow value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for TOY?

Key metric: As TOY is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for TOY. This is calculated by dividing TOY's market cap by their current earnings.
What is TOY's PE Ratio?
PE Ratio24.8x
EarningsUS$56.90m
Market CapUS$1.39b

Price to Earnings Ratio vs Peers

How does TOY's PE Ratio compare to its peers?

The above table shows the PE ratio for TOY vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average31.4x
DOO BRP
33.5x21.29%CA$8.1b
GOOS Canada Goose Holdings
65.2x16.20%CA$1.7b
9638 Ferretti
16x10.10%HK$13.5b
SL Sanlorenzo
10.9x2.17%€1.2b
TOY Spin Master
24.8x19.71%CA$1.9b

Price-To-Earnings vs Peers: TOY is good value based on its Price-To-Earnings Ratio (24.8x) compared to the peer average (31.6x).

Historical Price to Earnings Ratio

Historical Price to Earnings Ratio compares a stock's price to its earnings over time. Higher ratios indicate that investors are willing to pay more for the stock.

Fetching historical data

Price to Earnings Ratio vs Industry

How does TOY's PE Ratio compare vs other companies in the Global Leisure Industry?

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
TOY 24.8xIndustry Avg. 23.3xNo. of Companies15PE01224364860+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: TOY is expensive based on its Price-To-Earnings Ratio (24.8x) compared to the Global Leisure industry average (23.2x).

Price to Earnings Ratio vs Fair Ratio

What is TOY's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

TOY PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio24.8x
Fair PE Ratio28.6x

Price-To-Earnings vs Fair Ratio: TOY is good value based on its Price-To-Earnings Ratio (24.8x) compared to the estimated Fair Price-To-Earnings Ratio (28.6x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst TOY forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCA$19.35
CA$27.69
+43.09%
16.16%CA$35.94CA$21.70n/a10
Jan ’27CA$19.05
CA$29.33
+53.96%
17.51%CA$39.01CA$22.05n/a10
Dec ’26CA$20.44
CA$29.33
+43.49%
17.51%CA$39.01CA$22.05n/a10
Nov ’26CA$20.83
CA$28.86
+38.54%
18.02%CA$39.03CA$22.07n/a9
Oct ’26CA$19.43
CA$29.97
+54.23%
21.32%CA$44.37CA$22.98n/a9
Sep ’26CA$22.61
CA$30.28
+33.93%
19.53%CA$43.95CA$23.90n/a9
Aug ’26CA$22.10
CA$30.74
+39.10%
20.93%CA$43.99CA$23.93n/a9
Jul ’26CA$23.11
CA$33.23
+43.80%
18.43%CA$45.76CA$25.99n/a9
Jun ’26CA$24.00
CA$33.09
+37.87%
18.48%CA$45.76CA$25.78n/a9
May ’26CA$22.38
CA$34.13
+52.50%
19.67%CA$46.99CA$26.01n/a8
Apr ’26CA$24.74
CA$38.58
+55.95%
10.71%CA$46.69CA$32.06n/a8
Mar ’26CA$27.41
CA$39.36
+43.61%
11.43%CA$47.31CA$32.03n/a8
Feb ’26CA$30.77
CA$43.39
+41.01%
9.82%CA$46.96CA$35.39n/a8
Jan ’26CA$33.87
CA$42.80
+26.38%
9.16%CA$46.71CA$35.20CA$19.058
Dec ’25CA$32.62
CA$42.63
+30.68%
9.17%CA$46.43CA$34.99CA$20.448
Nov ’25CA$30.74
CA$42.32
+37.66%
8.92%CA$46.07CA$35.05CA$20.838
Oct ’25CA$31.00
CA$41.43
+33.65%
10.30%CA$46.08CA$34.19CA$19.438
Sep ’25CA$32.29
CA$41.63
+28.92%
10.40%CA$46.40CA$34.55CA$22.618
Aug ’25CA$32.00
CA$42.35
+32.33%
10.39%CA$47.20CA$35.15CA$22.108
Jul ’25CA$28.19
CA$41.95
+48.80%
10.87%CA$45.90CA$34.92CA$23.119
Jun ’25CA$29.06
CA$41.92
+44.25%
10.88%CA$45.86CA$34.90CA$24.009
May ’25CA$30.34
CA$45.61
+50.34%
9.15%CA$50.72CA$39.78CA$22.389
Apr ’25CA$34.57
CA$45.79
+32.47%
8.87%CA$51.15CA$40.11CA$24.749
Mar ’25CA$32.46
CA$46.08
+41.96%
9.32%CA$50.95CA$39.96CA$27.419
Feb ’25CA$35.41
CA$48.11
+35.85%
7.61%CA$53.17CA$41.42CA$30.779
Jan ’25CA$34.86
CA$48.87
+40.20%
6.15%CA$52.71CA$42.39CA$33.878
CA$27.69
Fair Value
30.1% undervalued intrinsic discount
10
Number of Analysts

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.

Discover undervalued companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/01/22 12:12
End of Day Share Price 2026/01/22 00:00
Earnings2025/09/30
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Spin Master Corp. is covered by 15 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Gerrick JohnsonBMO Capital Markets Equity Research
Luke HannanCanaccord Genuity
Ty CollinCIBC Capital Markets