HAS Hasbro
too hard · 40
Owner-earnings value$85.13
Price$89.98
Margin of safety
-5.4%
Quality gate · 40/100
⚠ sub-hurdle returns (median roic 3% < 9%) · unprofitable in too many years
Median ROIC3.1%
Gross margin64.4%
Net debt / EBITDA1.9x
Share count / yr+0.5%
Profitable years2/4
Moat & management
Owner-earnings inputs
| Owner earnings (TTM) | 794.10M |
| Owner-earnings yield | 6.3% |
| Free-cash-flow yield | 8.6% |
| Growth used (normalized) | 0.0% |
| Market-implied growth (reverse DCF) | 1.3% |
| Terminal growth | 3.0% |
| Discount rate (hurdle) | 9.0% |
Projected owner earnings
| Yr | Owner earnings | Growth | PV |
|---|---|---|---|
| 1 | 794.10M | 0.0% | 728.53M |
| 2 | 796.75M | 0.3% | 670.61M |
| 3 | 802.06M | 0.7% | 619.34M |
| 4 | 810.08M | 1.0% | 573.88M |
| 5 | 820.88M | 1.3% | 533.52M |
| 6 | 834.56M | 1.7% | 497.62M |
| 7 | 851.25M | 2.0% | 465.66M |
| 8 | 871.12M | 2.3% | 437.18M |
| 9 | 894.35M | 2.7% | 411.78M |
| 10 | 921.18M | 3.0% | 389.11M |
⚠ maintenance capex ≈ min(capex, D&A), capped at FCF · Price pays for ~1%/yr owner-earnings growth over 10y (reverse DCF); model credits 0%.