NasdaqGS:HAS

Stock Analysis Report

Executive Summary

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

Snowflake

Fundamentals

High growth potential with excellent balance sheet and pays a dividend.


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's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-0.9%

HAS

2.0%

US Leisure

0.4%

US Market


1 Year Return

-2.8%

HAS

-0.5%

US Leisure

13.1%

US Market

Return vs Industry: HAS underperformed the US Leisure industry which returned -0.5% over the past year.

Return vs Market: HAS underperformed the US Market which returned 13.1% over the past year.


Shareholder returns

HASIndustryMarket
7 Day-0.9%2.0%0.4%
30 Day-22.3%-2.2%4.0%
90 Day-16.9%5.8%7.4%
1 Year-0.2%-2.8%1.3%-0.5%15.6%13.1%
3 Year18.8%10.2%-6.2%-11.1%48.2%38.6%
5 Year90.0%67.5%6.1%-5.5%62.6%44.6%

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?

45.38x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: HAS ($94) is trading above our estimate of fair value ($66.76)

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 (45.4x) compared to the Leisure industry average (20x).

PE vs Market: HAS is poor value based on its PE Ratio (45.4x) compared to the US market (18.2x).


Price to Earnings Growth Ratio

PEG Ratio: HAS is poor value based on its PEG Ratio (1.7x)


Price to Book Ratio

PB vs Industry: HAS is overvalued based on its PB Ratio (6.4x) compared to the US Leisure industry average (2.5x).


Next Steps

Future Growth

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

26.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: HAS's forecast earnings growth (26.7% per year) is above the savings rate (2.7%).

Earnings vs Market: HAS's earnings (26.7% per year) are forecast to grow faster than the US market (14.3% per year).

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

Revenue vs Market: HAS's revenue (7.5% per year) is forecast to grow faster than the US market (7.3% per year).

High Growth Revenue: HAS's revenue (7.5% 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 high in 3 years time (25.3%)


Next Steps

Past Performance

How has Hasbro performed over the past 5 years?

-9.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: HAS has large one-off items impacting its financial results.

Growing Profit Margin: HAS's current net profit margins (5.6%) are higher than last year (4.3%).


Past Earnings Growth Analysis

Earnings Trend: HAS's earnings have declined by -9.8% per year over the past 5 years.

Accelerating Growth: HAS's earnings growth over the past year (26.9%) exceeds its 5-year average (-9.8% per year).

Earnings vs Industry: HAS earnings growth over the past year (26.9%) exceeded the Leisure industry 3.7%.


Return on Equity

High ROE: HAS's Return on Equity (14.2%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Hasbro's financial position?


Financial Position Analysis

Short Term Liabilities: HAS's short term assets ($3.4B) exceeds its short term liabilities ($1.5B)

Long Term Liabilities: HAS's short term assets (3.4B) exceeds its long term liabilities (2.2B)


Debt to Equity History and Analysis

Debt Level: HAS's debt to equity ratio (92.6%) is considered high

Reducing Debt: HAS's debt to equity ratio has reduced from 106.5% to 92.6% over the past 5 years.

Debt Coverage: HAS's debt is well covered by operating cash flow (50.5%).

Interest Coverage: HAS's interest payments on its debt are well covered by EBIT (9.3x coverage).


Balance Sheet

Inventory Level: HAS has a low level of unsold assets or inventory.

Debt Coverage by Assets: HAS's debt is covered by short term assets (assets are 2x debt).


Next Steps

Dividend

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

2.89%

Current Dividend Yield


Dividend Yield vs Market

company2.9%marketbottom25%1.4%markettop25%3.7%industryaverage2.3%forecastin3Years3.1%

Current dividend yield vs market & industry

Notable Dividend: HAS's dividend (2.89%) is higher than the bottom 25% of dividend payers in the US market (1.43%).

High Dividend: HAS's dividend (2.89%) is low compared to the top 25% of dividend payers in the US market (3.66%).


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 (128.9%), 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 (56.5% payout ratio).


Next Steps

Management

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

7.8yrs

Average management tenure


CEO

Brian Goldner (55yo)

11.5yrs

Tenure

US$8,499,623

Compensation

Mr. Brian D. Goldner serves as Independent Director at CBS Corporation since September 9, 2018. He has been the Chief Executive Officer of Hasbro, Inc. since May 2008. Mr. Goldner has day-to-day responsibi ...


CEO Compensation Analysis

Compensation vs Market: Brian's total compensation ($USD8.50M) is about average for companies of similar size in the US market ($USD10.97M).

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


Management Age and Tenure

7.8yrs

Average Tenure

57.5yo

Average Age

Experienced Management: HAS's management team is seasoned and experienced (7.8 years average tenure).


Board Age and Tenure

5.1yrs

Average Tenure

57yo

Average Age

Experienced Board: HAS's board of directors are considered experienced (5.1 years average tenure).


Insider Trading

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


Recent Insider Transactions

SellUS$412,60720 May 19
Stephen Davis
EntityIndividual
Role
Senior Key Executive
Executive VP & Chief Content Officer
Shares4,200
Max PriceUS$98.24
SellUS$387,13507 May 19
Thomas Courtney
EntityIndividual
Role
Senior Key Executive
Executive Vice President & Chief Global Operations Officer
Shares3,687
Max PriceUS$105.00
SellUS$515,00003 May 19
Wiebe Tinga
EntityIndividual
Role
Senior Key Executive
Chief Commercial Officer
Shares5,000
Max PriceUS$103.00
SellUS$481,85303 May 19
Dolph Johnson
EntityIndividual
Role
Head of Human Resources
Executive VP & Chief Human Resources Officer
Shares4,701
Max PriceUS$102.50
SellUS$408,81429 Apr 19
Tarrant Sibley
EntityIndividual
Role
Chief Legal Officer
Executive VP
Shares4,000
Max PriceUS$102.20
SellUS$509,45629 Apr 19
Wiebe Tinga
EntityIndividual
Role
Senior Key Executive
Chief Commercial Officer
Shares5,000
Max PriceUS$101.89
SellUS$496,60029 Apr 19
Stephen Davis
EntityIndividual
Role
Senior Key Executive
Executive VP & Chief Content Officer
Shares4,878
Max PriceUS$101.80
SellUS$8,923,14629 Nov 18
Alan Hassenfeld
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares92,430
Max PriceUS$96.54
SellUS$29,477,41628 Nov 18
Alan Hassenfeld
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares302,220
Max PriceUS$98.09
SellUS$521,12420 Nov 18
Alan Hassenfeld
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares5,350
Max PriceUS$97.41
SellUS$38,962,21119 Nov 18
Alan Hassenfeld
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares400,000
Max PriceUS$97.69

Ownership Breakdown

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


Management Team

  • John Frascotti (58yo)

    President

    • Tenure: 1.3yrs
    • Compensation: US$6.81m
  • Brian Goldner (55yo)

    Chairman & CEO

    • Tenure: 11.5yrs
    • Compensation: US$8.50m
  • Debbie Hancock

    Senior Vice President of Investor Relations

    • Tenure: 0yrs
  • Steve Davis (57yo)

    Executive VP & Chief Content Officer

    • Tenure: 5.8yrs
    • Compensation: US$2.67m
  • Michael Vogel

    Head of Boys Animation for Hasbro Studios

    • Tenure: 10.2yrs
  • Deborah Thomas (55yo)

    Executive VP & CFO

    • Tenure: 10.5yrs
    • Compensation: US$3.41m
  • Wiebe Tinga (58yo)

    Chief Commercial Officer

    • Tenure: 6.8yrs
    • Compensation: US$2.60m
  • Tom Courtney (58yo)

    Executive Vice President & Chief Global Operations Officer

    • Tenure: 7.8yrs
  • Dolph Johnson (60yo)

    Executive VP & Chief Human Resources Officer

    • Tenure: 7.8yrs
  • Tarrant Sibley (50yo)

    Executive VP

    • Tenure: 1.5yrs

Board Members

  • Ken Bronfin (59yo)

    Independent Director

    • Tenure: 11.7yrs
    • Compensation: US$402.07k
  • Ted Philip (54yo)

    Lead Independent Director

    • Tenure: 2.5yrs
    • Compensation: US$550.08k
  • Alan Hassenfeld (70yo)

    Independent Director

    • Tenure: 41.8yrs
    • Compensation: US$330.93k
  • Hope Cochran (48yo)

    Independent Director

    • Tenure: 3.4yrs
    • Compensation: US$307.50k
  • Tracy Leinbach (59yo)

    Independent Director

    • Tenure: 11.3yrs
    • Compensation: US$325.51k
  • John Frascotti (58yo)

    President

    • Tenure: 1.3yrs
    • Compensation: US$6.81m
  • Brian Goldner (55yo)

    Chairman & CEO

    • Tenure: 11.5yrs
    • Compensation: US$8.50m
  • Hall Gersh (60yo)

    Independent Director

    • Tenure: 9.3yrs
    • Compensation: US$403.82k
  • Rich Stoddart (56yo)

    Independent Director

    • Tenure: 5.7yrs
    • Compensation: US$354.08k
  • Mary Beth Elizabeth West (56yo)

    Independent Director

    • Tenure: 3.4yrs
    • Compensation: US$284.03k

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$12.863b
  • Shares outstanding: 136.85m
  • Website: https://www.hasbro.com

Number of Employees


Location

  • Hasbro, Inc.
  • 1027 Newport Avenue
  • PO Box 1059
  • Pawtucket
  • Rhode Island
  • 2861
  • 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
HASWBAG (Wiener Boerse AG)YesCommon StockATEURAug 1971
HAS *BMV (Bolsa Mexicana de Valores)YesCommon StockMXMXNAug 1971

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 Analysis2019/11/13 23:40
End of Day Share Price2019/11/13 00:00
Earnings2019/09/29
Annual Earnings2018/12/30


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.