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TOY

Spin Master TSX:TOY Stock Report

Last Price

CA$45.15

Market Cap

CA$4.6b

7D

-5.7%

1Y

7.8%

Updated

15 May, 2022

Data

Company Financials +
TOY fundamental analysis
Snowflake Score
Valuation2/6
Future Growth1/6
Past Performance5/6
Financial Health6/6
Dividends0/6

TOY Stock Overview

Spin Master Corp., a children’s entertainment company, creates, designs, manufactures, licenses, and markets various toys, entertainment franchises, and digital games in North America, Europe, and internationally.

Spin Master Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Spin Master
Historical stock prices
Current Share PriceCA$45.15
52 Week HighCA$54.18
52 Week LowCA$37.88
Beta2.21
1 Month Change0.31%
3 Month Change-4.00%
1 Year Change7.83%
3 Year Change4.73%
5 Year Change14.19%
Change since IPO150.14%

Recent News & Updates

May 15
Be Wary Of Spin Master (TSE:TOY) And Its Returns On Capital

Be Wary Of Spin Master (TSE:TOY) And Its Returns On Capital

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Amongst other...

May 02
Spin Master Corp. (TSE:TOY) Shares Could Be 34% Below Their Intrinsic Value Estimate

Spin Master Corp. (TSE:TOY) Shares Could Be 34% Below Their Intrinsic Value Estimate

How far off is Spin Master Corp. ( TSE:TOY ) from its intrinsic value? Using the most recent financial data, we'll take...

Shareholder Returns

TOYCA LeisureCA Market
7D-5.7%-5.5%-3.0%
1Y7.8%-38.6%4.2%

Return vs Industry: TOY exceeded the Canadian Leisure industry which returned -38.6% over the past year.

Return vs Market: TOY exceeded the Canadian Market which returned 4.2% over the past year.

Price Volatility

Is TOY's price volatile compared to industry and market?
TOY volatility
TOY Average Weekly Movement6.6%
Leisure Industry Average Movement7.8%
Market Average Movement9.6%
10% most volatile stocks in CA Market16.4%
10% least volatile stocks in CA Market4.2%

Stable Share Price: TOY is less volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: TOY's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19942,000Max Rangelhttps://www.spinmaster.com

Spin Master Corp., a children’s entertainment company, creates, designs, manufactures, licenses, and markets various toys, entertainment franchises, and digital games in North America, Europe, and internationally. Its product categories include activities, games and puzzles, and plush; preschool, dolls, and interactive; wheels and action; and outdoor. The company offers its products under the PAW Patrol, Bakugan, Kinetic Sand, Air Hogs, Hatchimals, Rubik's Cube, GUND, Toca Boca, Sago Mini, Etch A Sketch, Meccano, and Orbeez brands.

Spin Master Fundamentals Summary

How do Spin Master's earnings and revenue compare to its market cap?
TOY fundamental statistics
Market CapUS$3.59b
Earnings (TTM)US$241.00m
Revenue (TTM)US$2.15b

14.9x

P/E Ratio

1.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
TOY income statement (TTM)
RevenueUS$2.15b
Cost of RevenueUS$1.01b
Gross ProfitUS$1.14b
Other ExpensesUS$895.50m
EarningsUS$241.00m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)2.34
Gross Margin52.86%
Net Profit Margin11.21%
Debt/Equity Ratio0%

How did TOY perform over the long term?

See historical performance and comparison

Valuation

Is Spin Master undervalued compared to its fair value and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


37.2%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: TOY (CA$45.15) is trading below our estimate of fair value (CA$71.9)

Significantly Below Fair Value: TOY is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: TOY is poor value based on its PE Ratio (14.9x) compared to the North American Leisure industry average (11.1x).

PE vs Market: TOY is poor value based on its PE Ratio (14.9x) compared to the Canadian market (11.4x).


Price to Earnings Growth Ratio

PEG Ratio: TOY is poor value based on its PEG Ratio (3.6x)


Price to Book Ratio

PB vs Industry: TOY is overvalued based on its PB Ratio (3.2x) compared to the XN Leisure industry average (2.8x).


Future Growth

How is Spin Master forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?

Future Growth Score

1/6

Future Growth Score 1/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


4.1%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: TOY's forecast earnings growth (4.1% per year) is above the savings rate (1.6%).

Earnings vs Market: TOY's earnings (4.1% per year) are forecast to grow slower than the Canadian market (7.5% per year).

High Growth Earnings: TOY's earnings are forecast to grow, but not significantly.

Revenue vs Market: TOY's revenue (5.5% per year) is forecast to grow slower than the Canadian market (6.1% per year).

High Growth Revenue: TOY's revenue (5.5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: TOY's Return on Equity is forecast to be low in 3 years time (16.5%).


Past Performance

How has Spin Master performed over the past 5 years?

Past Performance Score

5/6

Past Performance Score 5/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-0.3%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: TOY has high quality earnings.

Growing Profit Margin: TOY's current net profit margins (11.2%) are higher than last year (4.5%).


Past Earnings Growth Analysis

Earnings Trend: TOY's earnings have declined by 0.3% per year over the past 5 years.

Accelerating Growth: TOY's earnings growth over the past year (219.6%) exceeds its 5-year average (-0.3% per year).

Earnings vs Industry: TOY earnings growth over the past year (219.6%) exceeded the Leisure industry 35.9%.


Return on Equity

High ROE: TOY's Return on Equity (21.8%) is considered high.


Financial Health

How is Spin Master's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: TOY's short term assets ($986.3M) exceed its short term liabilities ($369.1M).

Long Term Liabilities: TOY's short term assets ($986.3M) exceed its long term liabilities ($127.9M).


Debt to Equity History and Analysis

Debt Level: TOY is debt free.

Reducing Debt: TOY has no debt compared to 5 years ago when its debt to equity ratio was 42.4%.

Debt Coverage: TOY has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: TOY has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Spin Master current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


0.57%

Forecast Dividend Yield

Dividend Yield vs Market

Notable Dividend: Unable to evaluate TOY's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate TOY's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if TOY's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if TOY's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as TOY has not reported any payouts.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.7yrs

Average management tenure


CEO

Max Rangel (52 yo)

1.33yrs

Tenure

US$9,886,155

Compensation

Mr. Max Rangel is Director at Spin Master Corp. since May 6, 2021. He has been Chief Executive Officer and Global President at Spin Master Corp. since April 2021 and January 2021 respectively. Previously,...


CEO Compensation Analysis

Compensation vs Market: Max's total compensation ($USD9.89M) is above average for companies of similar size in the Canadian market ($USD3.40M).

Compensation vs Earnings: Insufficient data to compare Max's compensation with company performance.


Leadership Team

Experienced Management: TOY's management team is considered experienced (2.7 years average tenure).


Board Members

Experienced Board: TOY's board of directors are considered experienced (6.8 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Spin Master Corp.'s employee growth, exchange listings and data sources


Key Information

  • Name: Spin Master Corp.
  • Ticker: TOY
  • Exchange: TSX
  • Founded: 1994
  • Industry: Leisure Products
  • Sector: Consumer Durables
  • Implied Market Cap: CA$4.644b
  • Shares outstanding: 102.85m
  • Website: https://www.spinmaster.com

Number of Employees


Location

  • Spin Master Corp.
  • 225 King Street West
  • Toronto
  • Ontario
  • M5V 3M2
  • Canada

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/15 00:00
End of Day Share Price2022/05/13 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


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 here.