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 1,443 - -
Change - -33.47% 6.03% -11.93% -42.04% 3.32% - -
Enterprise Value (EV) 1 3,389 2,008 2,093 2,711 1,751 1,773 1,689 1,589
Change - -40.76% 4.24% 29.54% -35.41% 1.23% -4.72% -5.9%
P/E 20x 10x 18.5x 30.6x -9.52x 11.2x 10.4x 11x
PBR 3.69x 2.04x - - - - - -
PEG - 0.3x -0.4x -0.7x 0x -0x 1.41x -2.03x
Capitalization / Revenue 1.9x 1.28x 1.44x 1.06x 0.66x 0.67x 0.65x 0.65x
EV / Revenue 1.66x 0.99x 1.1x 1.2x 0.83x 0.82x 0.76x 0.71x
EV / EBITDA 8.18x 5.16x 5x 5.85x 4.9x 4.6x 4.15x 3.88x
EV / EBIT 12.5x 6.25x 7.25x 8.12x 7.89x 7.98x 7.07x 6.52x
EV / FCF 9.98x 13.4x 17x 12.6x 14.2x 16.7x 10.4x 8.85x
FCF Yield 10% 7.47% 5.88% 7.95% 7.06% 5.99% 9.61% 11.3%
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% 2.92% 3.09% 3.37%
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 14.43 14.43 14.43
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.($)
11.19x0.82x4.6x2.92% 1.44B
24.14x2.22x12.39x1.79% 22.8B
16.02x3.06x10.42x2.99% 13.19B
30.04x8.4x18.4x2.91% 8.07B
9.4x1.03x6.78x-.--% 4.18B
32.37x1.6x15.78x-.--% 1.55B
Average 20.53x 2.86x 11.39x 1.77% 8.54B
Weighted average by Cap. 21.66x 3.26x 12.26x 2.1%

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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