HAS Fair Value Estimate
$68.5627.9% overvalued
Blended fair value estimate based on DCF, Graham Number, and earnings-based models.
Hasbro Inc
Exchange: NASDAQSector: Consumer CyclicalIndustry: Leisure
Hasbro is a leading games, IP and toy company whose mission is to create joy and community through the magic of play. With over 164 years of expertise, Hasbro delivers groundbreaking play experiences and reaches over 500 million kids, families and fans around the world, through physical and digital games, video games, toys, licensed consumer products, location-based entertainment, film, TV and more. Through its franchise-first approach, Hasbro unlocks value from both new and legacy IP, including MAGIC: THE GATHERING, DUNGEONS & DRAGONS, MONOPOLY, HASBRO GAMES, NERF, TRANSFORMERS, PLAY-DOH and PEPPA PIG, as well as premier partner brands. Powered by its portfolio of thousands of iconic marks and a diversified network of partners and subsidiary studios, Hasbro brings fans together wherever they are, from tabletop to screen. For more than a decade, Hasbro has been consistently recognized for its corporate citizenship, including being named one of the 100 Best Corporate Citizens by 3BL Media, a 2025 JUST Capital Industry Leader, one of the 50 Most Community-Minded Companies in the U.S. by the Civic 50, and a Brand that Matters by Fast Company.
Did you know?
Free cash flow has been growing at 5.0% annually.
Current Price
$95.08
-1.55%GoodMoat Value
$68.56
27.9% overvaluedProfile
Valuation (TTM)
Market Cap$13.34B
P/E-41.39
EV$15.43B
P/B23.60
Shares Out140.34M
P/Sales2.84
Revenue$4.70B
EV/EBITDA68.82
Hasbro Inc (HAS) Valuation
GoodMoat Analysis
The current price of $92.34 is significantly above the GoodMoat Target of $68.62, indicating a negative margin of safety of approximately -35%. While the negative P/E is not meaningful due to a recent loss, the stock appears expensive relative to the platform's fair value estimate.
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Based on the GoodMoat Investment Framework, Hasbro's valuation is unfavourable. The primary valuation tool, the Discounted Cash Flow model, yields a GoodMoat Target of $68.62. The current price of $92.34 is 35% above this target, resulting in a negative margin of safety. According to the framework's MoS bands, any reading below 10% is considered 'Unfavourable,' and a negative value strongly fails the Valuation Gate. The stock's P/E ratio of -40x is not analytically useful as the company is currently unprofitable on a GAAP basis, with an EPS of -$2.30. This negative profitability contrasts sharply with the 31.3% YoY revenue growth, suggesting the price reflects a recovery narrative rather than current earnings power. The 5.4% Free Cash Flow Yield is a positive signal but is overshadowed by the substantial debt load, indicated by a Debt/Equity ratio of 5.77. For a value investor seeking a margin of safety, the stock's premium to the estimated intrinsic value, combined with weak current profitability and high leverage, makes the valuation case challenging. The 'caution' note on the GoodMoat Target aligns with this assessment. Analysis based on data as of 2024-05-15.
HAS Valuation Metrics
FCF$694.90M
FCF Growth Rate4.97%
EPS Growth (CAGR)-7.23%
WACC10.00%
Fair Value Models
Graham Number, PEG-based, and Earnings-based models
View Fair Value →HAS Valuation & Fair Value Analysis
Hasbro Inc (HAS) valuation analysis using multiple fair value methodologies. GoodMoat calculates a blended fair value target using discounted cash flow (DCF) analysis, the Graham Number, and earnings-based valuation models.
The GoodMoat Fair Value target for Hasbro Inc is $68.56. The current stock price is $95.08, suggesting the stock is 38.7% overvalued.
The price-to-earnings (P/E) ratio is -41.39. Price-to-book ratio is 23.60. Price-to-sales ratio is 2.84. Enterprise value to EBITDA is 68.82. PEG ratio is 0.06.
GoodMoat's valuation models include the Graham Number (based on EPS and book value), an earnings-based model (discounted future EPS), and a PEG-adjusted valuation. The three models are averaged to produce a blended fair value estimate. Use these tools alongside the DCF calculator and reverse DCF to form a comprehensive view of Hasbro Inc's intrinsic value.