Mattel Inc
MAT
Dolls & Stuffed Toys
Mkt Cap
$6.147BPE
21.01Debt
$2.35BCash
$1.13BEV
$7.367BFCF
$1.034BP/E Ratio
21.01Debt
$2.35BCash
$1.13BEV
$7.367BFCF
$1.034BCharts data: {"Earnings":[{"time":"2014-12-30","value":498874000},{"time":"2015-12-30","value":369416000},{"time":"2016-12-30","value":318022000},{"time":"2017-12-30","value":-1053836000},{"time":"2018-12-30","value":-530993000},{"time":"2019-12-30","value":-213512000},{"time":"2020-12-30","value":126628000},{"time":"2021-12-30","value":902987000},{"time":"2022-12-30","value":393913000},{"time":"2023-12-30","value":214352000}],"Sales":[{"time":"2014-12-30","value":6023819000},{"time":"2015-12-30","value":5702613000},{"time":"2016-12-30","value":5456650000},{"time":"2017-12-30","value":4881951000},{"time":"2018-12-30","value":4510852000},{"time":"2019-12-30","value":4504571000},{"time":"2020-12-30","value":4583660000},{"time":"2021-12-30","value":5457741000},{"time":"2022-12-30","value":5434687000},{"time":"2023-12-30","value":5441219000}],"Net Margins":[{"time":"2014-12-30","value":0.08281689738685707},{"time":"2015-12-30","value":0.06478012798694213},{"time":"2016-12-30","value":0.05828154637002556},{"time":"2017-12-30","value":-0.21586369875486255},{"time":"2018-12-30","value":-0.11771456922106954},{"time":"2019-12-30","value":-0.04739896429648906},{"time":"2020-12-30","value":0.027625958295336043},{"time":"2021-12-30","value":0.16545068738146423},{"time":"2022-12-30","value":0.07248126709045065},{"time":"2023-12-30","value":0.03939411370871123}],"Assets":[{"time":"2014-12-30","value":6722046000},{"time":"2015-12-30","value":6552689000},{"time":"2016-12-30","value":6493794000},{"time":"2017-12-30","value":6238503000},{"time":"2018-12-30","value":5243465000},{"time":"2019-12-30","value":5325226000},{"time":"2020-12-30","value":5521089000},{"time":"2021-12-30","value":6393894000},{"time":"2022-12-30","value":6177661000},{"time":"2023-12-30","value":6435822000}],"Stockholders Equity":[{"time":"2014-12-30","value":2949071000},{"time":"2015-12-30","value":2633254000},{"time":"2016-12-30","value":2407782000},{"time":"2017-12-30","value":1257455000},{"time":"2018-12-30","value":669465000},{"time":"2019-12-30","value":491714000},{"time":"2020-12-30","value":596343000},{"time":"2021-12-30","value":1568849000},{"time":"2022-12-30","value":2056269000},{"time":"2023-12-30","value":2149213000}],"ROE":[{"time":"2014-12-30","value":0.16916310254992165},{"time":"2015-12-30","value":0.14028878338360068},{"time":"2016-12-30","value":0.1320808943666827},{"time":"2017-12-30","value":-0.8380705472561643},{"time":"2018-12-30","value":-0.7931602100184476},{"time":"2019-12-30","value":-0.4342198920510703},{"time":"2020-12-30","value":0.2123408843568215},{"time":"2021-12-30","value":0.5755729200197087},{"time":"2022-12-30","value":0.1915668621177482},{"time":"2023-12-30","value":0.09973511234112208}],"ROA":[{"time":"2014-12-30","value":0.099103903781676},{"time":"2015-12-30","value":0.08381063102491207},{"time":"2016-12-30","value":0.07995834176446004},{"time":"2017-12-30","value":-0.05495276671342468},{"time":"2018-12-30","value":-0.045105097488016034},{"time":"2019-12-30","value":0.008028955015242546},{"time":"2020-12-30","value":0.069214243784152},{"time":"2021-12-30","value":0.11410292382075775},{"time":"2022-12-30","value":0.10934802022966297},{"time":"2023-12-30","value":0.09154852325002152}]}
Mattel, Inc., a children's and family entertainment company, designs and produces toys and consumer products worldwide. The company operates through North America, International, and American Girl segments. It offers dolls and accessories, as well as content, gaming, and lifestyle products for children under the Barbie, Monster High, American Girl, Disney Princess and Frozen, and Polly Pocket brands; dolls and books under the American Girl brand name; die-cast vehicles, tracks, playsets, and accessories for kids of all ages, and collectors under the Hot Wheels, Monster Trucks, Matchbox, CARS, and Mario Kart brand names; and infant, toddler, and preschool products comprising content, toys, live events, and other lifestyle products under the Fisher-Price and Thomas & Friends, and Power wheels brands. The company also provides action figures, building sets, and games under the Masters of the Universe, MEGA, UNO, Lightyear, Jurassic World, WWE, and Star Wars brands; and licensor partner brands, including Disney, Pixar, Microsoft, NBCUniversal, and WWE. It sells its products directly to consumers through its catalog, website, and proprietary retail stores; retailers, including discount and free-standing toy stores, chain stores, department stores, and other retail outlets; and wholesalers, as well as through agents and distributors. Mattel, Inc. was founded in 1945 and is headquartered in El Segundo, California.
Sector
DCF
Discounted Cash Flow Valuation of Mattel Inc
Value
Growth
%
%
Discount
%
%
Multiple
| g\r | +10% | +11% | +12% | +13% | +14% |
|---|---|---|---|---|---|
| 0% | 10 | 9 | 8 | 8 | 7 |
| +1% | 11 | 10 | 9 | 8 | 8 |
| +2% | 13 | 11 | 10 | 9 | 8 |
| +3% | 14 | 13 | 11 | 10 | 9 |
| +4% | 17 | 14 | 12 | 11 | 10 |
| Years | 0 | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | TV |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| FCF | $1.034B | $1.067B | $1.101B | $1.136B | $1.172B | $1.21B | $1.248B | $1.288B | $1.329B | $1.371B | $1.415B | $14.15B |
| DCF | $928M | $832.6M | $747.1M | $670.3M | $601.5M | $539.7M | $484.2M | $434.5M | $389.8M | $349.8M | $3.498B | |
| Value | $9.475B | |||||||||||
In the chart Earnings are multiplied by this value.
Earnings Growth -0.09%
Earnings Stability -44%
Competitiveness and MOAT
High margins render the company resilient under dire circumstances, hence able to drive competitors out or acquire them. ROE and ROA measure the average flow generated by each invested dollar. Their marginal value is a forecast of future growth, and it is considered by Buffett and Munger the most important single indicator.
| Years | 12-2015 | 12-2016 | 12-2017 | 12-2018 | 12-2019 | 12-2020 | 12-2021 | 12-2022 | 12-2023 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Margin | 6.5% | 5.8% | -22% | -12% | -4.7% | 2.8% | 17% | 7.2% | 3.9% | 5.4% |
| ROA | 8.4% | 8% | -5.5% | -4.5% | 0.8% | 6.9% | 11% | 11% | 9.2% | 11% |
| ROE | 14% | 13% | -84% | -79% | -43% | 21% | 58% | 19% | 10% | 14% |
What is the average Net Margin?
The average Net Margin over the past 5 years is +2.33%.
What is the trend of Net Margin?
The trend of Net Margin over the past 5 years is +3.67%.
What is the average Return on Assets (ROA)?
The average ROA over the past 5 years is +5.79%.
What is the trend of Return on Assets (ROA)?
The trend of ROA over the past 5 years is +2.95%.
What is the average Return on Equity (ROE)?
The average ROE over the past 5 years is -2.47%.
What is the trend of Return on Equity (ROE)?
The trend of ROE over the past 5 years is +19.16%.
Safety & Stabiliy
Being debt the number one cause of investment losses and company death, the ratio Debt/FCF is of utmost importance to guarantee safety. On the other hand the Graham’s stability measures the drawdown of earnings, hence indicating the reliability of the flow generated by the company.
| Years | 12-2015 | 12-2016 | 12-2017 | 12-2018 | 12-2019 | 12-2020 | 12-2021 | 12-2022 | 12-2023 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Debt FCF | 4.05 | 5.15 | -17.36 | -27.64 | 25.19 | 12.82 | 6.37 | 6.98 | 3.00 | 2.27 |
| Debt Equity | 0.91 | 0.97 | 2.70 | 4.34 | 5.90 | 4.86 | 1.66 | 1.14 | 1.09 | 1.16 |
| MIN | ||||||||||
| Graham Stability | - | - | -270% | - | - | - | - | 100% | 45% | -270% |
What is the Debt/FCF?
The Debt/FCF trailing twelve month is 2.27.
What is the trend of Debt/FCF?
The trend of Debt/FCF over the past 5 years is 2.63.
What is the Graham’s Stability?
Graham’s Stability measure stands at -2.66.
Growth
Growth can be dangerous when forecasting, simply projecting the current growth is in general wrong. A company passes through multiple phases, from being young and unprofitable, to the first periods of profitability and high growth, until it arrives at a period of regime with limited growth. Identifying in which phase the company is in may help forecasting.
| Years | 12-2016 | 12-2018 | 12-2020 | 12-2022 | Trend |
|---|---|---|---|---|---|
| Revenue | -0.04% | 3.8% | 5.9% | 0.12% | 1.7% |
| Net Income | -5.5% | - | 19% | -46% | 16% |
| Stockholders Equity | -1.6% | 26% | 53% | 4.5% | 11% |
| FCF | 8.1% | - | 51% | 130% | 14% |
What is the 5 year Revenue CAGR?
The Revenue CAGR over the past 5 years is +3.82%.
What is the trend of Revenue growth?
The trend of Revenue growth rate over the past 5 years is +1.7%.
What is the 5 year Earnings CAGR?
The Earnings CAGR over the past 5 years is -.
What is the trend of Earnings growth?
The trend of Earnings growth rate over the past 5 years is +15.63%.
What is the 5 year Equity CAGR?
The Equity CAGR over the past 5 years is +26.27%.
What is the trend of Equity growth?
The trend of Equity growth rate over the past 5 years is +11.16%.
What is the 5 year FCF CAGR?
The FCF CAGR over the past 5 years is -.
What is the trend of FCF growth?
The trend of FCF growth rate over the past 5 years is +14.25%.