Company Valuation: Spin Master Corp.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 3,879 2,581 2,736 2,410 1,397 1,391 - -
Change - -33.47% 6.03% -11.93% -42.04% -0.45% - -
Enterprise Value (EV) 1 3,389 2,008 2,093 2,711 1,751 1,720 1,636 1,537
Change - -40.76% 4.24% 29.54% -35.41% -1.77% -4.86% -6.09%
P/E 20x 10x 18.5x 30.6x -9.52x 10.8x 10x 10.6x
PBR 3.69x 2.04x - - - - - -
PEG - 0.3x -0.4x -0.7x 0x -0x 1.36x -1.96x
Capitalization / Revenue 1.9x 1.28x 1.44x 1.06x 0.66x 0.64x 0.63x 0.62x
EV / Revenue 1.66x 0.99x 1.1x 1.2x 0.83x 0.8x 0.74x 0.69x
EV / EBITDA 8.18x 5.16x 5x 5.85x 4.9x 4.46x 4.02x 3.75x
EV / EBIT 12.5x 6.25x 7.25x 8.12x 7.89x 7.74x 6.85x 6.3x
EV / FCF 9.98x 13.4x 17x 12.6x 14.2x 16.2x 10.1x 8.55x
FCF Yield 10% 7.47% 5.88% 7.95% 7.06% 6.17% 9.92% 11.7%
Dividend per Share 2 - 0.087 0.1772 0.2951 0.3439 0.421 0.446 0.486
Rate of return - 0.35% 0.67% 1.25% 2.47% 3.03% 3.21% 3.5%
EPS 2 1.89 2.45 1.43 0.77 -1.46 1.29 1.385 1.31
Distribution rate - 3.55% 12.4% 38.3% -23.6% 32.6% 32.2% 37.1%
Net sales 1 2,042 2,020 1,905 2,263 2,113 2,159 2,217 2,228
EBITDA 1 414.1 389.4 418.8 463.6 357.1 385.3 406.8 409.8
EBIT 1 272.2 321.2 288.7 333.8 222 222.2 238.9 243.7
Net income 1 198.6 261.3 151.4 81.9 -148.5 139.2 148.6 128.2
Net Debt 1 -489.7 -573.1 -643.6 300.9 354.2 329.4 245.8 146.2
Reference price 2 37.88 24.62 26.40 23.54 13.89 13.90 13.90 13.90
Nbr of stocks (in thousands) 102,394 104,828 103,661 102,377 100,535 100,018 - -
Announcement Date 28/02/22 08/03/23 28/02/24 24/02/25 05/03/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
10.78x0.8x4.46x3.03% 1.39B
22.43x2.11x11.52x1.92% 22.1B
14.87x2.88x9.8x3.22% 12.24B
28.94x8.09x17.71x3.02% 7.61B
8.44x0.95x6.28x-.--% 3.75B
33.04x1.64x16.13x-.--% 1.55B
Average 19.75x 2.74x 10.98x 1.87% 8.11B
Weighted average by Cap. 20.48x 3.10x 11.60x 2.24%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA



Year-on-year evolution of the Yield

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