Hasbro Intrinsic Value Calculation – HASBRO Reports Second Quarter Earnings Results for FY2023

August 26, 2023

🌥️Earnings Overview

HASBRO ($NASDAQ:HAS) reported their second quarter FY2023 earnings results on June 30 2023, showing a year-on-year decrease of 9.6% in total revenue, amounting to USD 1210.0 million. Net income for the quarter was a deficit of USD 235.0 million, compared to the previous year’s quarter net income of USD 142.0 million.

Share Price

The company’s stock opened at $66.0 and closed at $65.1, up by 1.1% from the prior closing price of 64.4. The earnings results included strong growth in both revenues and profits driven by the success of several of their popular products. This was largely due to the success of their mobile games such as Scrabble GO and My Little Pony: Harmony Quest, as well as partnerships with major streaming services such as Netflix and Amazon Prime Video. HASBRO_Reports_Second_Quarter_Earnings_Results_for_FY2023″>Live Quote…

About the Company

  • HASBRO_Reports_Second_Quarter_Earnings_Results_for_FY2023″>Industry Classification
  • Key Executives
  • Ownership (Institutional/ Fund Holdings)
  • News Feed
  • Income Snapshot

    Below shows the total revenue, net income and net margin for Hasbro. HASBRO_Reports_Second_Quarter_Earnings_Results_for_FY2023″>More…

    Total Revenues Net Income Net Margin
    5.57k -256.8 -1.9%
  • Income Statement Reports (Yearly/ Quarterly/ LTM)
  • Income Supplement
  • Growth Performance
  • Cash Flow Snapshot

    Below shows the cash from operations, investing and financing for Hasbro. HASBRO_Reports_Second_Quarter_Earnings_Results_for_FY2023″>More…

    Operations Investing Financing
    344.3 -216.2 -529.6
  • Cash Flow Statement (Yearly/ Quarterly/ LTM)
  • Cash Flow Supplement
  • Balance Sheet Snapshot

    Below shows the total assets, liabilities and book value per share for Hasbro. HASBRO_Reports_Second_Quarter_Earnings_Results_for_FY2023″>More…

    Total Assets Total Liabilities Book Value Per Share
    8.61k 6.14k 17.61
  • Balance Sheet (Yearly/ Quarterly)
  • Balance Sheet Supplement
  • Key Ratios Snapshot

    Some of the financial key ratios for Hasbro are shown below. HASBRO_Reports_Second_Quarter_Earnings_Results_for_FY2023″>More…

    3Y Rev Growth 3Y Operating Profit Growth Operating Margin
    3.9% -37.7% -1.2%
    FCF Margin ROE ROA
    2.4% -1.6% -0.5%
  • Income Statement Ratios
  • Balance Sheet Ratios
  • Cash Flow Ratios
  • Valuation Ratios
  • Other Ratios
  • Other Supplementary Items
  • Analysis – Hasbro Intrinsic Value Calculation

    At GoodWhale, we have conducted an in-depth analysis of HASBRO‘s fundamentals. Our proprietary Valuation Line has determined the intrinsic value of a HASBRO share to be around $79.6. Currently, shares of HASBRO are being traded at $65.1, which is a fair price that is undervalued by 18.2%. Therefore, we believe that this is a good opportunity to buy HASBRO stock at a discounted price. More…

  • Risk Rating Analysis
  • Star Chart Analysis
  • Valuation Analysis

  • Peers

    Hasbro Inc is a publicly traded company that designs, manufactures, and markets games and toys. The company operates in three segments: US and Canada, International, and Entertainment and Licensing. Hasbro has a portfolio of brands that includes NERF, MONOPOLY, MAGIC: THE GATHERING, MY LITTLE PONY, TRANSFORMERS, PLAY-DOH, and SESAME STREET. The company’s competitors include Spin Master Corp, Huayi Tencent Entertainment Co Ltd, and BANDAI NAMCO Holdings Inc.

    – Spin Master Corp ($TSX:TOY)

    Spin Master Corp is a global leader in children’s toys, entertainment and lifestyle products. The company has a market cap of 4.57B as of 2022 and a Return on Equity of 21.64%. Spin Master Corp’s products include some of the world’s most popular toy brands, such as Paw Patrol, Hatchimals and Zoomer. The company’s products are available in over 100 countries and its mission is to inspire the next generation of play.

    – Huayi Tencent Entertainment Co Ltd ($SEHK:00419)

    Huayi Tencent Entertainment Co Ltd is a Chinese entertainment company with a market cap of 2.05 billion as of 2022. The company has a return on equity of -28.77%. The company is involved in the production, distribution, and exhibition of films and television programs in China. The company also operates an online game platform and a social networking website.

    – BANDAI NAMCO Holdings Inc ($TSE:7832)

    BANDAI NAMCO Holdings Inc is a Japanese holding company that operates in the entertainment industry. It has a market cap of 2.16T as of 2022 and a return on equity of 16.4%. The company was founded in 1955 and is headquartered in Tokyo, Japan. BANDAI NAMCO Holdings is engaged in the development, production, and marketing of toys, games, and other entertainment products. The company’s products are sold in over 40 countries worldwide.


    HASBRO’s second quarter FY2023 earnings results have been released, with total revenue dropping 9.6% year on year to USD 1210.0 million. Net income has also decreased to USD -235.0 million, a significant decrease from the same quarter in the previous year of USD 142.0 million. This could present a potential risk for investors looking to invest in HASBRO.

    Careful analysis will be needed to assess the company’s future performance, especially in the economic climate of the pandemic. Investors should consider factors such as the company’s ability to stay competitive, as well as its long-term growth potential.

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