Company is transitioning into mass media sort of like Disney's transition right now. They want to continue to sell merchandise and tie it in with animation and entertainment and develop those in house.
Legacy toymakers with good IPs like Monopoly, My Little Pony, NERF, Transformers, PlayDoh and, my personal favorite. Wizards of the Coast! The guys in charge of the Magic Card Game along with Dungeons and Dragons tabletop universe.
Healthy financials with 5B in debt and 1B in cash. History of dividend increase and currently @ 3.12%.
CONCLUSION: Solid legacy business with good brands and lucrative IP blueprint plan to branch out. Valuation on IPs alone probably make the company valued at 12 billion. Problems include current headwinds of an economic downturn. If it does happen I doubt consumer toy spending would be good if at all.
PS: Sort of in the same question if allowed what about Disney (DIS)? Scooped @ 100 but realistically it has massive debt 50B+ and is still spending with stagflation continuing.
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