Jakks Pacific Intrinsic Value Calculation – JAKKS PACIFIC Reports 24.3% Decrease in Revenue for FY2023 Q2
August 14, 2023
🌥️Earnings Overview
JAKKS PACIFIC ($NASDAQ:JAKK) reported total revenue of USD 166.9 million for their FY2023 Q2 earnings results for the quarter ended June 30 2023, which is a decrease of 24.3% year-over-year. Net income was USD 6.5 million, a decrease of 75.7% compared to the same period in the previous year.
Analysis – Jakks Pacific Intrinsic Value Calculation
GoodWhale has conducted an analysis of JAKKS PACIFIC‘s wellbeing and has determined that the intrinsic value of a JAKKS PACIFIC share is approximately $13.6, calculated by their proprietary Valuation Line. Currently, JAKKS PACIFIC stock is being traded at $18.6, which is significantly higher than the intrinsic value by 36.5%. This indicates that the stock is currently overvalued and investors should be cautious before investing in it. Additionally, GoodWhale suggests that investors should research further into JAKKS PACIFIC’s current situation to fully understand the company’s performance before making any decisions. More…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Jakks Pacific. More…
| Total Revenues | Net Income | Net Margin |
| 729.3 | 68.34 | 10.6% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Jakks Pacific. More…
| Operations | Investing | Financing |
| 84.72 | -10.39 | -31.02 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Jakks Pacific. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 368.94 | 212.7 | 15.76 |
Key Ratios Snapshot
Some of the financial key ratios for Jakks Pacific are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 8.1% | 64.2% | 5.2% |
| FCF Margin | ROE | ROA |
| 10.0% | 15.7% | 6.4% |
Peers
The company’s products are sold under various brand names including Disney, Pokemon, Star Wars, and Cabbage Patch Kids. Jakks Pacific Inc’s competitors include PLBY Group Inc, Sanyei Corp, and YETI Holdings Inc.
– PLBY Group Inc ($NASDAQ:PLBY)
LBY Group Inc is a publicly traded company with a market capitalization of 156.51 million as of 2022. The company has a Return on Equity of -8.2%. LBY Group Inc is engaged in the business of providing engineering, construction and project management services. The company was founded in 2006 and is headquartered in Houston, Texas.
– Sanyei Corp ($TSE:8119)
Sanyei Corp is a Japanese conglomerate with a market cap of 3.3B as of 2022. The company has a Return on Equity of -4.21%. Sanyei is involved in a wide range of businesses, including electronics, automotive, chemicals, and food. The company has been struggling in recent years, and its ROE reflects this. Sanyei is currently undergoing a restructuring process in an attempt to turn its business around.
– YETI Holdings Inc ($NYSE:YETI)
YETI Holdings Inc is a publicly traded company with a market cap of 2.75B as of 2022. The company has a Return on Equity of 33.98%. YETI operates in the consumer goods industry and manufactures and sells coolers and related products.
Summary
JAKKS Pacific reported a total revenue of USD 166.9 million for their FY2023 Q2 earnings results, a decline of 24.3% from the same period in the prior year. Net income was reported at USD 6.5 million, down 75.7%. The stock price moved up the same day. Investors should consider this decrease in performance in their analysis of JAKKS Pacific.
The company’s declining revenues and earnings suggest they may be struggling to generate profits during this quarter. Long-term investors might want to consider if their current strategy is effective and if more restructuring might be necessary to improve future performance. On the other hand, short-term traders may seek out opportunities to capitalize on the stock’s recent momentum in the short-term.
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