HAS

Hasbro, Inc.Consumer Cyclical / LeisureINTACT

Hasbro, Inc. operates as a toy and game company in the United States, Europe, Canada, Mexico, Latin America, Australia, China, and Hong Kong. The company offers trading cards and collectibles, action figures, arts and crafts and creative play products, dolls, play sets, preschool toys, plush products, vehicles and toy-related specialty products, sports action products and accessories, and other consumer products; and licensed products, such as apparel, publishing products, home goods and electronics, and toy products. It also engages in the sourcing, marketing, and sale of toy and game products; and promotes its brands through the out-licensing of trademarks, characters, and other brand and intellectual property rights to third parties through the sale of branded consumer products, such as toys and apparel. In addition, the company is involved in the promotion of its brands through the development of trading cards, role-playing, and digital game experiences based on Hasbro and Wizards of the Coast games; and license certain brands to other third-party digital game developers who transform Hasbro brand-based characters and other intellectual properties, into digital gaming experiences. Further, it develops and produces of Hasbro-branded entertainment content, including film, television, children's programming, digital content, and live entertainment. The company sells its products to retailers, distributors, wholesalers, discount stores, specialty hobby stores, drug stores, mail order houses, catalog stores, department stores, and other traditional retailers, as well as ecommerce retailers under the MAGIC: THE GATHERING, MONOPOLY, HASBRO GAMES, PLAY-DOH, TRANSFORMERS, DUNGEONS & DRAGONS, NERF, and PEPPA PIG, as well as LUCASFILMS' STAR WARS, BEYBLADE, Final Fantasy, The Lord of the Rings, Fallout, SPIDER-MAN, and THE AVENGERS brands. Hasbro, Inc. was founded in 1923 and is headquartered in Pawtucket, Rhode Island.

Share Price
$91.54
52W: $69.5 - $106.98
DCF Fair Value
$100.50
+8.9%
P/E (TTM)
16.3x
ROIC
16.7%
Operating Margin
22.2%
FCF Yield
5.3%
Debt / Equity
5.31x
Piotroski Score
7/9
Altman Z-Score
3.59
Market Cap
$12.9B

Price vs. Intrinsic Value Corridor

Modest Value ($91.54 vs $100.50 DCF)

Historical market price overlaid against conservative DCF Fair Value & Benjamin Graham Margin of Safety bands.

Period Return (1Y)
()
Period Range
$ - $
DCF Fair Value
$100.50
MOS Buy Target (-25%)
$75.38
Valuation Overlays:

2-Stage Discounted Cash Flow (DCF) Workbench

Conservative intrinsic value model based on owner cash generation over a 10-year investment horizon. Opens with LocalAlpha's baseline assumptions (matching the fair value shown above) — adjust any input to stress-test.

Current Market Price
$91.54
DCF Fair Value
$100.37
+8.8%
$688M
$100M$688M (Reported)$50,000M
11.1%
-5%10% (Target)35%
4.5%
0%5%20%
9.0%
6%9% (Standard)15% (High Risk)
2.5%
1% (GDP Floor)2.5% (Inflation)4.0%
$2,500M
-$100B CashBalance Sheet+$150B Debt
10-Yr PV of Cash Flows
$7.0B
PV of Terminal Value
$9.7B
Implied Enterprise Value
$16.7B
Implied Equity Value
$14.2B
YearYr 1Yr 2Yr 3Yr 4Yr 5Yr 6Yr 7Yr 8Yr 9Yr 10
Projected FCF ($M)$764$849$943$1,048$1,165$1,217$1,272$1,329$1,389$1,451
Present Value (PV)$701$715$729$743$757$726$696$667$639$613

Benjamin Graham & Buffett Value Models

Classical deep value metrics based on asset backing, normalized earnings power, and owner cash yield.

Graham Number-264.4% Premium
$25.12

Calculated as √(22.5 × EPS × BVPS). The maximum theoretical price a defensive investor should pay based purely on asset book value and current earnings.

EPS: $5.62BVPS: $4.99
Revised Graham Formula+29.5% MoS
$129.82

Formula: V = (EPS × (8.5 + 2g) × 4.4) / Y where g is the conservative 7-10 yr growth rate and Y is AAA Bond Yield.

Buffett Owner Earnings5.1% Yield
$4.64 / share

True distributable cash flow: Net Income + D&A - Maintenance CapEx. Reflects the cash Buffett would extract without hurting unit volume.

Total: $0.7BYield: 5.1%

Reverse DCF: Market Growth Expectation

MODEST BARRIER
4.8% CAGR (Next 10 Yrs)

At the current price of $91.54, the market is assuming the business will compound Free Cash Flow at 4.8% per year for the next decade with a 9% hurdle rate.

Value Investor Verdict
✓ Low market hurdle: Easy for a wide-moat compounder to beat.
Autonomous Thesis Underwriting

Surveil HAS with Mathematical Margin of Safety Rules

Set non-negotiable floor rules for Hasbro, Inc.. If a newly filed quarterly 10-Q breaks your ROIC floor, operating margin boundary, or balance sheet leverage rules, receive an autonomous breach audit within 15 minutes.

Buffett Quality

ROIC > 15% • Margin > 15% • D/E < 0.5x

Margin Floor Guard

Current Margin 22.2% • Floor > 10%

Solvency Guard

Altman-Z > 2.6 • Current Ratio > 1.5x

Frequently Asked Questions: Hasbro, Inc. (HAS) Intrinsic Valuation

Audited fundamentals, DCF intrinsic value sensitivity, and thesis break detection parameters for Hasbro, Inc..

Based on institutional multi-stage Discounted Cash Flow (DCF) modeling on audited SEC cash flows, Hasbro, Inc. has an estimated DCF intrinsic fair value of $100.50 per share compared to its current market price of $91.54. This represents an estimated 8.9% margin of safety (trading below fair value). Additionally, its classic Benjamin Graham Number stands at $25.12.

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