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Hasbro (HAS) Financial Forecast Calculator

Interactive 5-year forecast and DCF for Hasbro. Adjust revenue growth, gross margin, capex intensity, WACC, and terminal growth - see revenue, free cash flow, and enterprise value update in real time. Seeded from Hasbro’s most recent SEC filings.

Revenue FY30
$5.38B
from $5.00B
FCF FY30
$1.55B
Margin 28.8%
Enterprise value
$22.96B
4.6× LTM revenue
Equity value
$20.09B
Net debt $2.87B
Revenue & free cash flow - history and 5-year forecast
Line (area)
Bars
Historicals from SEC EDGAR (grey). Forecast years (color) update live as you move the sliders.

Assumptions

Revenue growth (annual)
1.5%
-10.0%baseline 1.5%40.0%
Gross margin
66.7%
5.0%baseline 66.7%90.0%
Capex % of revenue
2.4%
0.0%baseline 2.4%30.0%
WACC (discount rate)
9.00%
4.0%baseline 9.0%18.0%
Terminal growth
2.50%
0.0%baseline 2.5%5.0%

Need this as an Excel model?

Keep iterating on the Hasbro forecast in Excel. The downloadable sample has every assumption you see here plus a fully integrated income statement, balance sheet, cash flow, and debt schedule - five years of SEC historicals and live formulas in a fully editable workbook.

income_statement.xlsx
Income statement, brown brand palette
income_statement.xlsx
Income statement, green brand palette
income_statement.xlsx
Income statement, red brand palette

Frequently asked

How does Hasbro generate revenue across its different business segments?+

Hasbro generates revenue primarily through its Consumer Products segment, which includes traditional toys, and its high-margin Wizards of the Coast and Digital Gaming segment, encompassing tabletop games and digital experiences. A smaller portion of revenue comes from its Entertainment segment, leveraging its intellectual property across various mediums.

What are the primary drivers of Hasbro's revenue growth?+

Hasbro's revenue growth is driven by its diverse portfolio of intellectual property, particularly through its asset-light digital licensing and premium tabletop cards in the Wizards of the Coast segment. Growth also comes from new toy lines and distribution in its Consumer Products segment, alongside strategic investments in internal video game studio development.

Why is the Wizards of the Coast segment so important to Hasbro's profitability?+

The Wizards of the Coast and Digital Gaming segment is crucial to Hasbro's profitability because it accounts for over 90% of the company's operating profit, despite representing only about 46% of total revenue. This segment operates with a highly asset-light model, driven by high-margin digital licensing and premium tabletop cards like Magic: The Gathering.

What are the key capital expenditure and working capital assumptions in Hasbro's financial model?+

The financial model assumes Hasbro's capital expenditures as a percentage of revenue typically run between 2.5% and 3.5%, focused on maintenance, tooling, and capitalized software development. Net working capital is modeled to be positive, requiring cash absorption, with Days Sales Outstanding between 65-75 days and Days Inventory Outstanding between 90-110 days.

What is the main purpose of the Hasbro financial model and its valuation approach?+

The Hasbro financial model aims to provide a comprehensive sum-of-the-parts equity valuation and cash flow forecast. Its primary purpose is to help an equity research analyst determine if the highly profitable Wizards of the Coast segment is adequately priced into the consolidated share price.

Can I download a financial model for Hasbro, and what is its forecast horizon?+

Yes, a downloadable Excel financial model for Hasbro is available. This general corporate model provides a forecast horizon spanning from Fiscal Year 2026 through Fiscal Year 2030.

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