TSX:TOY

Stock Analysis Report

Executive Summary

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

Snowflake

Fundamentals

Flawless balance sheet with moderate growth potential.


Similar Companies

Share Price & News

How has Spin Master's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

2.7%

TOY

2.5%

CA Leisure

-0.1%

CA Market


1 Year Return

-18.5%

TOY

-6.7%

CA Leisure

0.9%

CA Market

Return vs Industry: TOY underperformed the Canadian Leisure industry which returned -6.7% over the past year.

Return vs Market: TOY underperformed the Canadian Market which returned 0.9% over the past year.


Shareholder returns

TOYIndustryMarket
7 Day2.7%2.5%-0.1%
30 Day-7.7%-0.3%-2.1%
90 Day9.7%3.9%-1.6%
1 Year-18.5%-18.5%-5.3%-6.7%4.4%0.9%
3 Year27.9%27.9%1.0%-3.8%15.5%5.2%
5 Yearn/a17.2%4.4%25.7%7.5%

Price Volatility Vs. Market

How volatile is Spin Master's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

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

1.0%

Undervalued compared to fair value


Share Price vs. Fair Value

Undervalued: TOY (CA$40.58) is trading below our estimate of fair value (CA$40.99)

Significantly Undervalued: TOY is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: TOY is poor value based on its PE Ratio (28.7x) compared to the Leisure industry average (18x).

PE vs Market: TOY is poor value based on its PE Ratio (28.7x) compared to the Canadian market (13.6x).


Price to Earnings Growth Ratio

Low PEG Ratio: TOY is good value based on its PEG Ratio (0.8x)


Price to Book Ratio

PB vs Industry: TOY is overvalued based on its PB Ratio (4.6x) compared to the XN Leisure industry average (2.5x).


Next Steps

Future Growth

How is Spin Master forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?

35.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: TOY's forecast earnings growth (35.8% per year) is above the savings rate (1.9%).

Earnings vs Market: TOY's earnings (35.8% per year) are forecast to grow faster than the Canadian market (13.2% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: TOY's revenue (5.5% per year) is forecast to grow slower than the Canadian market (5.7% 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

High Future ROE: Insufficient data to determine if TOY's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Spin Master performed over the past 5 years?

26.5%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: TOY's earnings have grown significantly by 26.5% per year over the past 5 years.

Accelerating Growth: TOY's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: TOY had negative earnings growth (-33.9%) over the past year, making it difficult to compare to the Leisure industry average (4.7%).


Return on Equity

High ROE: TOY's Return on Equity (16%) is considered low.


Return on Assets

ROA vs Industry: TOY has a higher Return on Assets than the Leisure industry average last year.


Return on Capital Employed

ROCE Improving: TOY's Return on Capital Employed has declined over the past 3 years.


Next Steps

Financial Health

How is Spin Master's financial position?


Financial Position Analysis

Short Term Liabilities: TOY's short term assets ($636.8M) exceeds its short term liabilities ($318.5M)

Long Term Liabilities: TOY's short term assets (636.8M) exceeds its long term liabilities (103.2M)


Debt to Equity History and Analysis

Debt Level: TOY is debt free.

Reducing Debt: TOY currently has no debt however we can't compare to 5 years ago as we have no data for that period.

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

Inventory Level: TOY has a high level of physical assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if TOY's debt is covered by short term assets.


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%2.0%markettop25%6.0%industryaverage2.1%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

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

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

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.


Current Payout to Shareholders

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


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of TOY's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.


Next Steps

Management

What is the CEO of Spin Master's salary, the management and board of directors tenure and is there insider trading?

7.2yrs

Average management tenure


CEO

Ronnen Harary (48yo)

0yrs

Tenure

US$1,072,098

Compensation

Mr. Ronnen Harary is a Co-Founder, Chairman & Co-Chief Executive Officer of Spin Master Corp. Mr. Harary co-founded Spin Master Ltd., in 1994 and serves as its Chairman of the Board and Co-Chief Executive  ...


CEO Compensation Analysis

Compensation vs. Market: Ronnen's total compensation ($USD1.07M) is about average for companies of similar size in the Canadian market ($USD2.87M).

Compensation vs Earnings: Ronnen's compensation has been consistent with company performance over the past year.


Management Age and Tenure

7.2yrs

Average Tenure

50.5yo

Average Age

Experienced Management: TOY's management team is seasoned and experienced (7.2 years average tenure).


Board Age and Tenure

4.8yrs

Average Tenure

52.5yo

Average Age

Experienced Board: TOY's board of directors are considered experienced (4.8 years average tenure).


Insider Trading

Insider Buying: TOY insiders have only sold shares in the past 3 months.


Recent Insider Transactions

SellUS$6,499,32913 Sep 19
Benoit Gadbois
EntityIndividual
Role
Member of the Board of Directors
Global President
Shares147,708
Max PriceUS$44.00
SellUS$825,42920 Aug 19
William Hess
EntityIndividual
Role
Chief Information Officer
Chief Information Officer & Executive VP of Operations
Shares19,547
Max PriceUS$42.23
SellUS$4,374,04302 Aug 19
Benoit Gadbois
EntityIndividual
Role
Member of the Board of Directors
Global President
Shares108,000
Max PriceUS$40.50
SellUS$774,59210 Apr 19
Benoit Gadbois
EntityIndividual
Role
Member of the Board of Directors
Global President
Shares20,519
Max PriceUS$37.75
SellUS$492,94010 Apr 19
Ben Varadi
EntityIndividual
Role
Member of the Board of Directors
Chief Creative Officer
Shares13,058
Max PriceUS$37.75
SellUS$184,03110 Apr 19
Chi Wah Yuen
EntityIndividual
Shares4,875
Max PriceUS$37.75
SellUS$286,74910 Apr 19
Nancy Zwiers
EntityIndividual
Shares7,596
Max PriceUS$37.75
SellUS$492,94010 Apr 19
Ronnen Harary
EntityIndividual
Role
Co-Chief Executive Officer
Co-Founder
Shares13,058
Max PriceUS$37.75
SellUS$492,94010 Apr 19
Anton Rabie
EntityIndividual
Role
Member of the Board of Directors
Co-Founder
Shares13,058
Max PriceUS$37.75
SellUS$131,44610 Apr 19
Christopher Beardall
EntityIndividual
Role
Head of Sales
Executive Vice President of Global Sales
Shares3,482
Max PriceUS$37.75
SellUS$341,78910 Apr 19
Mark Segal
EntityIndividual
Role
Chief Financial Officer
CFO & Executive VP
Shares9,054
Max PriceUS$37.75
SellUS$98,60310 Apr 19
Adam Beder
EntityIndividual
Shares2,612
Max PriceUS$37.75
SellUS$1,180,97110 Apr 19
William Hess
EntityIndividual
Role
Chief Information Officer
Chief Information Officer & Executive VP of Operations
Shares31,284
Max PriceUS$37.75
SellUS$193,54410 Apr 19
Christopher Harrs
EntityIndividual
Role
Chief Legal Officer
Executive VP
Shares5,127
Max PriceUS$37.75

Ownership Breakdown


Management Team

  • Anton Rabie (48yo)

    Co-Founder

    • Tenure: 4.8yrs
    • Compensation: US$1.07m
  • Ronnen Harary (48yo)

    Co-Founder

    • Tenure: 0yrs
    • Compensation: US$1.07m
  • Mark Segal (55yo)

    CFO & Executive VP

    • Tenure: 4.6yrs
    • Compensation: US$906.53k
  • Chris Beardall (58yo)

    Executive Vice President of Global Sales

    • Tenure: 10.8yrs
  • Ben Gadbois (48yo)

    Global President

    • Tenure: 4.8yrs
    • Compensation: US$2.73m
  • Ben Varadi (49yo)

    Chief Creative Officer

    • Tenure: 4.8yrs
    • Compensation: US$1.57m
  • Tara Tucker

    Vice President of Global Marketing Communications

    • Tenure: 0yrs
  • Christopher Harrs (57yo)

    Executive VP

    • Tenure: 15.8yrs
  • Bill Hess (52yo)

    Chief Information Officer & Executive VP of Operations

    • Tenure: 6.3yrs
    • Compensation: US$916.70k
  • Sophia Bisoukis

    Vice President of Investor Relations

    • Tenure: 0yrs

Board Members

  • Todd Tappin (57yo)

    Independent Director

    • Tenure: 4.8yrs
    • Compensation: US$140.00k
  • Chuck Winograd (71yo)

    Lead Director

    • Tenure: 1.4yrs
    • Compensation: US$153.93k
  • Anton Rabie (48yo)

    Co-Founder

    • Tenure: 4.8yrs
    • Compensation: US$1.07m
  • Ronnen Harary (48yo)

    Co-Founder

    • Tenure: 0yrs
    • Compensation: US$1.07m
  • Ben Gadbois (48yo)

    Global President

    • Tenure: 4.8yrs
    • Compensation: US$2.73m
  • Ben Varadi (49yo)

    Chief Creative Officer

    • Tenure: 4.8yrs
    • Compensation: US$1.57m
  • Dina Howell (56yo)

    Independent Director

    • Tenure: 4.3yrs
    • Compensation: US$134.64k
  • Jeffrey Cohen (60yo)

    Director

    • Tenure: 4.8yrs
    • Compensation: US$62.50k

Company Information

Spin Master Corp.'s company bio, 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
  • Market Cap: CA$4.143b
  • Shares outstanding: 102.11m
  • Website: https://www.spinmaster.com

Number of Employees


Location

  • Spin Master Corp.
  • 225 King Street West
  • Suite 200
  • Toronto
  • Ontario
  • M5V 3M2
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
TOYTSX (The Toronto Stock Exchange)YesSubordinate Voting SharesCACADJul 2015
SP9DB (Deutsche Boerse AG)YesSubordinate Voting SharesDEEURJul 2015
SNMS.FOTCPK (Pink Sheets LLC)YesSubordinate Voting SharesUSUSDJul 2015

Biography

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


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/15 00:29
End of Day Share Price2019/10/11 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.