NasdaqGS:HAS

Stock Analysis Report

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Executive Summary

Hasbro, Inc., together with its subsidiaries, operates as a play and entertainment company. More Details


Snowflake Analysis

Average dividend payer with imperfect balance sheet.


Similar Companies

Share Price & News

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


Latest Share Price and Events

Stable Share Price: HAS is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: HAS's weekly volatility (4%) has been stable over the past year.


Market Performance


7 Day Return

4.1%

HAS

-7.0%

US Leisure

-3.6%

US Market


1 Year Return

21.3%

HAS

113.2%

US Leisure

36.5%

US Market

Return vs Industry: HAS underperformed the US Leisure industry which returned 113.2% over the past year.

Return vs Market: HAS underperformed the US Market which returned 36.4% over the past year.


Shareholder returns

HASIndustryMarket
7 Day4.1%-7.0%-3.6%
30 Day-0.1%-5.9%2.7%
90 Day0.7%11.0%7.5%
1 Year25.5%21.3%117.2%113.2%39.5%36.5%
3 Year6.9%-2.0%32.0%24.7%53.5%43.6%
5 Year37.6%20.3%26.5%14.8%117.5%93.2%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

57.8x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: HAS ($93.71) is trading above our estimate of fair value ($87.86)

Significantly Below Fair Value: HAS is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: HAS is poor value based on its PE Ratio (57.8x) compared to the US Leisure industry average (31.8x).

PE vs Market: HAS is poor value based on its PE Ratio (57.8x) compared to the US market (21.3x).


Price to Earnings Growth Ratio

PEG Ratio: HAS is poor value based on its PEG Ratio (2.9x)


Price to Book Ratio

PB vs Industry: HAS's PB Ratio (4.4x) is in line with the US Leisure industry average.


Next Steps

Future Growth

How is Hasbro forecast to perform in the next 1 to 3 years based on estimates from 13 analysts?

20.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: HAS's forecast earnings growth (20% per year) is above the savings rate (2%).

Earnings vs Market: HAS's earnings (20% per year) are forecast to grow slower than the US market (20.1% per year).

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

Revenue vs Market: HAS's revenue (6.5% per year) is forecast to grow slower than the US market (10.4% per year).

High Growth Revenue: HAS's revenue (6.5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: HAS's Return on Equity is forecast to be low in 3 years time (19.5%).


Next Steps

Past Performance

How has Hasbro performed over the past 5 years?

-11.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: HAS has a large one-off loss of $229.8M impacting its December 27 2020 financial results.

Growing Profit Margin: HAS's current net profit margins (4.1%) are lower than last year (11%).


Past Earnings Growth Analysis

Earnings Trend: HAS's earnings have declined by 11.3% per year over the past 5 years.

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

Earnings vs Industry: HAS had negative earnings growth (-57%) over the past year, making it difficult to compare to the Leisure industry average (26.6%).


Return on Equity

High ROE: HAS's Return on Equity (7.6%) is considered low.


Next Steps

Financial Health

How is Hasbro's financial position?


Financial Position Analysis

Short Term Liabilities: HAS's short term assets ($3.8B) exceed its short term liabilities ($2.4B).

Long Term Liabilities: HAS's short term assets ($3.8B) do not cover its long term liabilities ($5.5B).


Debt to Equity History and Analysis

Debt Level: HAS's debt to equity ratio (172.2%) is considered high.

Reducing Debt: HAS's debt to equity ratio has increased from 100.4% to 172.2% over the past 5 years.

Debt Coverage: HAS's debt is not well covered by operating cash flow (19.1%).

Interest Coverage: HAS's interest payments on its debt are well covered by EBIT (3.7x coverage).


Balance Sheet


Next Steps

Dividend

What is Hasbro current dividend yield, its reliability and sustainability?

2.90%

Current Dividend Yield


Upcoming Dividend Payment


Dividend Yield vs Market

Notable Dividend: HAS's dividend (2.9%) is higher than the bottom 25% of dividend payers in the US market (1.34%).

High Dividend: HAS's dividend (2.9%) is low compared to the top 25% of dividend payers in the US market (3.77%).


Stability and Growth of Payments

Stable Dividend: HAS's dividends per share have been stable in the past 10 years.

Growing Dividend: HAS's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (167.8%), HAS's dividend payments are not well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: HAS's dividends in 3 years are forecast to be covered by earnings (50.8% payout ratio).


Next Steps

Management

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

8.5yrs

Average management tenure


CEO

Brian Goldner (56 yo)

12.75yrs

Tenure

US$17,960,878

Compensation

Mr. Brian D. Goldner is the Trustee of The Paley Center for Media. He also serves as an Independent Director at ViacomCBS Inc. (formerly known as CBS Corporation) since September 9, 2018. He has been the C...


CEO Compensation Analysis

Compensation vs Market: Brian's total compensation ($USD17.96M) is above average for companies of similar size in the US market ($USD10.55M).

Compensation vs Earnings: Brian's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Brian Goldner
Chairman & CEO12.75yrsUS$17.96m0.89%
$ 114.6m
John Frascotti
President2.5yrsUS$7.07m0.11%
$ 14.2m
Deborah Thomas
Executive VP & CFO11.75yrsUS$4.42m0.093%
$ 12.0m
Wiebe Tinga
Executive Officer8yrsUS$3.25m0.029%
$ 3.7m
Steven Zoltick
Executive VP & Chief Information Officerno datano datano data
Debbie Hancock
Senior Vice President of Investor Relationsno datano datano data
Tarrant Sibley
Executive VP2.75yrsno data0.025%
$ 3.2m
Dolph Johnson
Executive VP & Chief Human Resources Officer9.08yrsno data0.034%
$ 4.3m
Thomas Courtney
Executive VP & Chief Global Operations Officer9.08yrsno data0.022%
$ 2.9m
Eric Nyman
Chief Consumer Officerno datano datano data
Jeff Jackson
Vice Presidentno datano datano data
Michael Hogg
Executive VP & Chief Commercial Officer1.08yrsno data0.0097%
$ 1.2m

8.5yrs

Average Tenure

59yo

Average Age

Experienced Management: HAS's management team is seasoned and experienced (8.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Brian Goldner
Chairman & CEO12.75yrsUS$17.96m0.89%
$ 114.6m
John Frascotti
President2.5yrsUS$7.07m0.11%
$ 14.2m
Kenneth Bronfin
Independent Director12.92yrsUS$404.61k0.024%
$ 3.1m
Edward Philip
Lead Independent Director3.75yrsUS$560.94k0.030%
$ 3.8m
Alan Hassenfeld
Independent Director43.08yrsUS$343.63k5.72%
$ 736.1m
Hope Cochran
Independent Director4.67yrsUS$305.00k0.0066%
$ 848.2k
Tracy Leinbach
Independent Director12.58yrsUS$331.35k0.024%
$ 3.1m
Michael Burns
Independent Director6.17yrsUS$272.10k0.0089%
$ 1.1m
Linda Zecher
Independent Director6.33yrsUS$340.09k0.0087%
$ 1.1m
Lisa Gersh
Independent Director10.58yrsUS$436.38k0.019%
$ 2.4m
Richard Stoddart
Independent Director6.92yrsUS$361.38k0.0099%
$ 1.3m
Mary Beth Elizabeth West
Independent Director4.67yrsUS$297.93k0.0066%
$ 848.2k

6.3yrs

Average Tenure

59.5yo

Average Age

Experienced Board: HAS's board of directors are considered experienced (6.3 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

Hasbro, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Hasbro, Inc.
  • Ticker: HAS
  • Exchange: NasdaqGS
  • Founded: 1923
  • Industry: Leisure Products
  • Sector: Consumer Durables
  • Market Cap: US$12.871b
  • Shares outstanding: 137.35m
  • Website: https://www.hasbro.com

Number of Employees


Location

  • Hasbro, Inc.
  • 1027 Newport Avenue
  • Pawtucket
  • Rhode Island
  • 02861-1059
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
HASNasdaqGS (Nasdaq Global Select)YesCommon StockUSUSDAug 1971
0J3KLSE (London Stock Exchange)YesCommon StockGBUSDAug 1971
HASDB (Deutsche Boerse AG)YesCommon StockDEEURAug 1971
HASXTRA (XETRA Trading Platform)YesCommon StockDEEURAug 1971
HASWBAG (Wiener Boerse AG)YesCommon StockATEURAug 1971
HASETLX (Eurotlx)YesCommon StockITEURAug 1971
HAS *BMV (Bolsa Mexicana de Valores)YesCommon StockMXMXNAug 1971
H1AS34BOVESPA (Bolsa de Valores de Sao Paulo)BDR EACH 2 REPR 1 SHS UNSPONBRBRLJan 2020

Biography

Hasbro, Inc., together with its subsidiaries, operates as a play and entertainment company. The company’s U.S. and Canada segment markets and sells action figures, arts and crafts, and creative play produc...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/03/01 00:21
End of Day Share Price2021/02/26 00:00
Earnings2020/12/27
Annual Earnings2020/12/27


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.