NasdaqGS:MAT

Stock Analysis Report

Executive Summary

Mattel, Inc., a children’s entertainment company, designs and produces toys and consumer products worldwide.

Snowflake

Fundamentals

Slightly overvalued with concerning outlook.


Similar Companies

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

2.9%

MAT

2.5%

US Leisure

1.3%

US Market


1 Year Return

-20.0%

MAT

-5.6%

US Leisure

5.9%

US Market

Return vs Industry: MAT underperformed the US Leisure industry which returned -5.6% over the past year.

Return vs Market: MAT underperformed the US Market which returned 5.9% over the past year.


Shareholder returns

MATIndustryMarket
7 Day2.9%2.5%1.3%
30 Day1.8%0.3%-1.9%
90 Day-4.5%3.4%-1.8%
1 Year-20.0%-20.0%-3.9%-5.6%8.3%5.9%
3 Year-59.7%-61.8%-0.8%-5.9%45.6%36.2%
5 Year-54.0%-60.9%17.3%4.4%66.1%47.9%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Undervalued: MAT ($11.53) is trading below our estimate of fair value ($25.38)

Significantly Undervalued: MAT is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: MAT is unprofitable, so we can't compare its PE Ratio to the Leisure industry average.

PE vs Market: MAT is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

Low PEG Ratio: Insufficient data to calculate MAT's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: MAT is overvalued based on its PB Ratio (9.5x) compared to the US Leisure industry average (2.5x).


Next Steps

Future Growth

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

111.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: MAT is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: MAT is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: MAT is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: MAT's revenue (2.4% per year) is forecast to grow slower than the US market (7.3% per year).

High Growth Revenue: MAT's revenue (2.4% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

High Future ROE: MAT's Return on Equity is forecast to be high in 3 years time (20.7%)


Next Steps

Past Performance

How has Mattel performed over the past 5 years?

-60.6%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: MAT is unprofitable, and losses have increased over the past 5 years at a rate of -60.6% per year.

Accelerating Growth: Unable to compare MAT's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: MAT is unprofitable, making it difficult to compare its past year earnings growth to the Leisure industry (17.2%).


Return on Equity

High ROE: MAT has a negative Return on Equity (-64.2%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: MAT is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: MAT is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is Mattel's financial position?


Financial Position Analysis

Short Term Liabilities: MAT's short term assets ($1.9B) exceeds its short term liabilities ($1.1B)

Long Term Liabilities: MAT's short term assets (1.9B) do not cover its long term liabilities (3.6B)


Debt to Equity History and Analysis

Debt Level: MAT's debt to equity ratio (688.3%) is considered high

Reducing Debt: MAT's debt to equity ratio has increased from 71.8% to 688.3% over the past 5 years.

Debt Coverage: MAT's debt is not well covered by operating cash flow (4.4%).

Interest Coverage: MAT is unprofitable, therefore interest payments are not well covered by earnings.


Balance Sheet

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

Debt Coverage by Assets: MAT's debt is not covered by short term assets (assets are 0.7x debt).


Next Steps

Dividend

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


Dividend Yield vs Market

company0%marketbottom25%1.5%markettop25%3.8%industryaverage2.1%forecastin3Years0%

Current dividend yield vs market & industry


Stability and Growth of Payments

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

High Dividend: Unable to evaluate MAT'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 MAT's dividends per share have been stable in the past.

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


Current Payout to Shareholders

Dividend Coverage: MAT is not paying a notable dividend for .


Future Payout to Shareholders

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


Next Steps

Management

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

2.1yrs

Average management tenure


CEO

Ynon Kreiz (54yo)

1.5yrs

Tenure

US$16,955,660

Compensation

Mr. Ynon Kreiz has been a Director of Warner Music Group Corp. since May 9, 2015. He serves as a Director and Chief Executive Officer of Mattel, Inc. since June 13, 2017 and April 26, 2018 respectively. He ...


CEO Compensation Analysis

Compensation vs. Market: Ynon has recently become CEO, making it difficult to compare their total compensation against companies of similar size in the US market.

Compensation vs Earnings: Ynon's compensation has increased whilst the company is unprofitable.


Management Age and Tenure

2.1yrs

Average Tenure

53yo

Average Age

Experienced Management: MAT's management team is considered experienced (2.1 years average tenure).


Board Age and Tenure

1.4yrs

Average Tenure

58yo

Average Age

Experienced Board: MAT's board of directors are not considered experienced ( 1.4 years average tenure), which suggests a new board.


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

BuyUS$418,80026 Feb 19
Michael Dolan
EntityIndividual
Role
Lead Director
Independent Lead Director
Shares30,000
Max PriceUS$13.96
BuyUS$1,001,37925 Feb 19
Ynon Kreiz
EntityIndividual
Role
Chief Executive Officer
Executive Chairman & CEO
Shares71,425
Max PriceUS$14.02
BuyUS$279,00025 Feb 19
Joseph Euteneuer
EntityIndividual
Role
Chief Financial Officer
Chief Financial Officer
Shares20,000
Max PriceUS$13.95
BuyUS$107,96820 Feb 19
Roger Lynch
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares8,000
Max PriceUS$13.50
SellUS$171,35613 Feb 19
Michael Eilola
EntityIndividual
Shares10,904
Max PriceUS$15.72

Ownership Breakdown


Management Team

  • Robert Normile (59yo)

    Executive VP

    • Tenure: 8.7yrs
    • Compensation: US$2.43m
  • Joe Euteneuer (63yo)

    Chief Financial Officer

    • Tenure: 2.1yrs
    • Compensation: US$5.34m
  • Yoon Hugh (48yo)

    Senior VP & Corporate Controller

    • Tenure: 0.5yrs
  • Ynon Kreiz (54yo)

    Executive Chairman & CEO

    • Tenure: 1.5yrs
    • Compensation: US$16.96m
  • Richard Dickson (51yo)

    President & COO

    • Tenure: 4.8yrs
    • Compensation: US$8.04m
  • Dena Cook

    Executive VP and Global Head of Communications & Public Relations

    • Tenure: 0.6yrs
  • Geoff Walker (53yo)

    Chief Strategic Technology Officer & Executive VP

    • Tenure: 6.5yrs
    • Compensation: US$2.30m
  • Sven Gerjets

    Executive VP & Chief Technology Officer

    • Tenure: 2.3yrs
  • Amy Thompson (43yo)

    Executive VP & Chief People Officer

    • Tenure: 2.1yrs
    • Compensation: US$2.23m
  • Dave Zbojniewicz

    Head of Investor Relations

    • Tenure: 0yrs

Board Members

  • Michael Dolan (72yo)

    Independent Lead Director

    • Tenure: 4.5yrs
    • Compensation: US$320.00k
  • Richard Bradley (61yo)

    Independent Director

    • Tenure: 1.4yrs
    • Compensation: US$250.00k
  • Dominic Ng (60yo)

    Independent Director

    • Tenure: 13.6yrs
    • Compensation: US$280.00k
  • Vasant Prabhu (59yo)

    Independent Director

    • Tenure: 12.1yrs
    • Compensation: US$285.00k
  • Ann Lewnes (57yo)

    Independent Director

    • Tenure: 4.7yrs
    • Compensation: US$270.00k
  • Ynon Kreiz (54yo)

    Executive Chairman & CEO

    • Tenure: 1.5yrs
    • Compensation: US$16.96m
  • Roger Lynch (56yo)

    Independent Director

    • Tenure: 1.2yrs
    • Compensation: US$215.00k
  • Judy Olian (67yo)

    Independent Director

    • Tenure: 1.1yrs
    • Compensation: US$195.01k
  • Adriana Cisneros (39yo)

    Independent Director

    • Tenure: 1.2yrs
    • Compensation: US$200.00k
  • Soren Laursen (55yo)

    Independent Director

    • Tenure: 1.4yrs
    • Compensation: US$389.16k

Company Information

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


Key Information

  • Name: Mattel, Inc.
  • Ticker: MAT
  • Exchange: NasdaqGS
  • Founded: 1945
  • Industry: Leisure Products
  • Sector: Consumer Durables
  • Market Cap: US$3.982b
  • Shares outstanding: 345.54m
  • Website: https://www.mattel.com

Number of Employees


Location

  • Mattel, Inc.
  • 333 Continental Boulevard
  • El Segundo
  • California
  • 90245
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
MATNasdaqGS (Nasdaq Global Select)YesCommon StockUSUSDJan 1962
MTTDB (Deutsche Boerse AG)YesCommon StockDEEURJan 1962
MTTSWX (SIX Swiss Exchange)YesCommon StockCHCHFJan 1962
MATWBAG (Wiener Boerse AG)YesCommon StockATEURJan 1962
0JZHLSE (London Stock Exchange)YesCommon StockGBUSDJan 1962
MAT *BMV (Bolsa Mexicana de Valores)YesCommon StockMXMXNJan 1962

Biography

Mattel, Inc., a children’s entertainment company, designs and produces toys and consumer products worldwide. The company operates through North America, International, and American Girl segments. It offers ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/14 23:37
End of Day Share Price2019/10/14 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.