HASBRO, INC. (HAS) Stock Analysis

HASBRO, INC. (HAS) Stock Analysis

Overall Grade: F (Concerning)

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HASBRO, INC. faces challenges in financial performance that warrant careful analysis.

Key Metrics:

Metric Value Context
ROIC -8.0% Below expectations
FCF Margin 13.6% Healthy cash flow

Investment Thesis: Healthy free cash flow margin of 13.6% provides financial flexibility for growth and shareholder returns.


What is HASBRO, INC.'s Profitability and ROIC?

HASBRO, INC.'s return on invested capital of -8.0% is below the typical cost of capital. Gross margin of 75.9% with operating margin at -4.5% reflects the company's strong market position.

Key Metrics

Metric Value Rating Interpretation
Return on Invested Capital (ROIC) -8.0% Red flag Below cost of capital
Gross Margin 75.9% Excellent Strong pricing power
Operating Margin -4.5% Warning Moderate operational efficiency

How Strong is HASBRO, INC.'s Cash Flow Quality?

HASBRO, INC. generated $680.9M in free cash flow over the trailing twelve months, representing a 13.6% margin. FCF was positive in N/A of the last 8 quarters, indicating variable cash generation.

Key Metrics

Metric Value Rating Interpretation
Free Cash Flow Margin 13.6% Good Healthy cash generation
Free Cash Flow (TTM) $680.9M Good Positive cash generation
OCF/Net Income -1.3x Warning Potential accrual concerns
FCF Consistency (8Q) N/A Warning Variable cash flow

What is HASBRO, INC.'s Financial Health?

Key Metrics

Metric Value Rating Interpretation
Net Cash Position $-2.7B Warning Net debt position

Is HASBRO, INC. Stock Overvalued or Undervalued?

HASBRO, INC. trades at a P/E of -19.0x, representing a premium to the sector median of N/A. Free cash flow yield of 6.4% offers attractive cash returns.

Key Metrics

Metric Value Rating Interpretation
P/E Ratio -19.0x Red flag Reasonable valuation
EV/Sales 2.7x Good Attractive revenue multiple
FCF Yield 6.4% Good Attractive cash return
Dividend Yield 3.7% Adequate Meaningful income

Sector Rankings

Metric Value Percentile vs Median
Return on Invested Capital (ROIC) -8.0% Bottom 10% -1.0x below
Free Cash Flow Margin 13.6% Top 25% 2.5x above
Gross Margin 75.9% Top 5% 2.3x above
Operating Margin -4.5% Bottom 10% -0.6x below

Rating Thresholds

Return on Invested Capital (ROIC)

Measures how efficiently a company uses its debt and equity capital to generate profits. ROIC above 15% typically indicates a competitive moat.

Rating Range Interpretation
Excellent > 20% Exceptional capital efficiency, strong competitive moat
Good 12% - 20% Above-average returns, sustainable competitive position
Adequate 8% - 12% Around cost of capital, moderate competitive position
Warning 4% - 8% Below cost of capital, value may be eroding
Red flag < 4% Significant capital destruction, fundamental issues

Current: -8.0% (Red flag)

Free Cash Flow Margin

The percentage of revenue converted to free cash flow. Higher margins indicate stronger cash generation and business quality.

Rating Range Interpretation
Excellent > 20% Strong cash generation, high-quality business
Good 10% - 20% Healthy cash conversion
Adequate 5% - 10% Moderate cash generation
Warning 0% - 5% Thin cash margins, capital intensive
Red flag < 0% Cash burn, potential liquidity concerns

Current: 13.6% (Good - Top 25% of sector (median: 5.4%))

Gross Margin

Revenue minus cost of goods sold as a percentage. Higher gross margins indicate pricing power and competitive advantage.

Rating Range Interpretation
Excellent > 50% Strong pricing power and competitive moat
Good 30% - 50% Healthy margins, differentiated product
Adequate 20% - 30% Moderate margins, competitive industry
Warning 10% - 20% Thin margins, commodity-like business
Red flag < 10% Very thin margins, structural challenges

Current: 75.9% (Excellent - Top 5% of sector (median: 33.4%))

Free Cash Flow Yield

Free cash flow per share divided by stock price. Higher FCF yield indicates better cash return relative to valuation.

Rating Range Interpretation
Excellent > 8% High cash return, potential value opportunity
Good 5% - 8% Solid cash yield
Adequate 3% - 5% Moderate cash return
Warning 1% - 3% Low cash yield, growth expectations
Red flag < 1% Minimal cash return to shareholders

Current: 6.4% (Good)


Frequently Asked Questions

Q: What is HASBRO, INC.'s Return on Invested Capital (ROIC)?

HASBRO, INC. (HAS) has a trailing twelve-month Return on Invested Capital (ROIC) of -8.0%. This compares below the sector median of 8.0%. An ROIC below 8% suggests the company may be destroying shareholder value.

Q: What is HASBRO, INC.'s Free Cash Flow Margin?

HASBRO, INC. (HAS) has a free cash flow margin of 13.6%, generating $680.9 million in free cash flow over the trailing twelve months. A FCF margin between 10-20% represents healthy cash generation for most industries.

Q: Is HASBRO, INC. stock overvalued or undervalued?

HASBRO, INC. (HAS) trades at a P/E ratio of -19.0x, which is above the sector median of N/A. The EV/Sales multiple is 2.7x. Free cash flow yield is 6.4%, which represents an attractive cash return to investors.

Q: Does HASBRO, INC. pay a dividend?

HASBRO, INC. (HAS) currently pays a dividend yield of 3.7%. Including share buybacks, the total shareholder yield is 3.7%. This yield is moderate, suggesting a balance between income and growth reinvestment.

Q: What is HASBRO, INC.'s revenue and earnings growth?

HASBRO, INC. (HAS) declined revenue by 9.0% year-over-year. Earnings per share increased by 13.6% compared to the prior year. Revenue decline may indicate market challenges or industry headwinds.

Q: How does HASBRO, INC. compare to competitors in Industrials?

Compared to other companies in Industrials, HASBRO, INC. (HAS) shows: ROIC of -8.0% is below the sector median of 8.0% (-1.0x median). FCF margin of 13.6% exceeds the sector median of 5.4% (Top 19% of sector). Gross margin at 75.9% is 42.5 percentage points higher than sector peers. These rankings are based on MetricDuck's analysis of all Industrials companies with available SEC filings.

Q: What warning signs should I watch for with HASBRO, INC.?

HASBRO, INC. (HAS) shows no major financial warning signs based on current metrics. However, investors should always monitor: 1) Margin compression trends, 2) Cash flow consistency, 3) Debt levels relative to cash generation, and 4) Changes in competitive positioning.


Data Source: Data sourced from 10-Q filed 2025-11-05. TTM metrics as of Q3 2025.

Methodology: Financial metrics calculated from SEC 10-K and 10-Q filings using standardized formulas. Sector comparisons use peer group based on SIC code.

This analysis is for informational purposes only and does not constitute investment advice.