Hasbro Intrinsic Value Calculator – HASBRO Reports Second Quarter FY2023 Earnings Results on August 3, 2023
August 13, 2023
🌥️Earnings Overview
On August 3, 2023, HASBRO ($NASDAQ:HAS) announced their earnings results for the second quarter of fiscal year 2023 (ending June 30, 2023). The total revenue of USD 1210.0 million for the quarter was a 9.6% decrease from the same period a year ago. As for net income, it was USD -235.0 million this quarter, compared to USD 142.0 million in the prior year.
Price History
The stock opened at $66.0 and closed at $65.1, representing an increase of 1.1% from the previous closing price of $64.4. Although the stock saw a slight uptick, overall the company’s financial performance was mixed. Despite the mixed financial results, HASBRO’s CEO, Brian Goldner, expressed optimism about the company’s future prospects.
Goldner stated that “we are confident that our growing presence in the digital landscape and our focus on innovation will continue to drive growth in the coming quarters.” Going forward, HASBRO plans to continue their focus on innovation and creating high-quality products to remain competitive in the industry. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Hasbro. HASBRO_Reports_Second_Quarter_FY2023_Earnings_Results_on_August_3_2023″>More…
| Total Revenues | Net Income | Net Margin |
| 5.57k | -256.8 | -1.9% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Hasbro. HASBRO_Reports_Second_Quarter_FY2023_Earnings_Results_on_August_3_2023″>More…
| Operations | Investing | Financing |
| 344.3 | -216.2 | -529.6 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Hasbro. HASBRO_Reports_Second_Quarter_FY2023_Earnings_Results_on_August_3_2023″>More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 8.61k | 6.14k | 17.61 |
Key Ratios Snapshot
Some of the financial key ratios for Hasbro are shown below. HASBRO_Reports_Second_Quarter_FY2023_Earnings_Results_on_August_3_2023″>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% |
Analysis – Hasbro Intrinsic Value Calculator
At GoodWhale, we conducted an analysis of HASBRO‘s wellbeing. After evaluating the company’s performance and potential, our proprietary Valuation Line determined that the fair value of HASBRO shares is around $79.8. Currently, HASBRO stock is traded at $65.1, meaning that it is undervalued by 18.4%. Our analysis provides a good opportunity for investors to buy undervalued stocks and potentially profit from the discrepancy between the market price and the fair value. We encourage interested investors to keep an eye on HASBRO and take advantage of its current price. More…
Peers
Hasbro Inc is a publicly traded company that designs, manufactures, and markets games and toys. The company operates in three segments: US and Canada, International, and Entertainment and Licensing. Hasbro has a portfolio of brands that includes NERF, MONOPOLY, MAGIC: THE GATHERING, MY LITTLE PONY, TRANSFORMERS, PLAY-DOH, and SESAME STREET. The company’s competitors include Spin Master Corp, Huayi Tencent Entertainment Co Ltd, and BANDAI NAMCO Holdings Inc.
– Spin Master Corp ($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.
Summary
HASBRO recently reported their second quarter earnings for Fiscal Year 2023, and showed a decrease of 9.6% in total revenue compared to the prior year. Net income was reported at a loss of USD -235.0 million, compared to USD 142.0 million in the prior year. Although the company has reported a significant decrease in net income, investors may be optimistic about HASBRO’s future due to their strong product portfolio and ability to adapt to current market trends. HASBRO is likely to continue to produce strong sales figures despite the current economic environment, and is likely a good investment for the long-term.
