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Mattel

Nasdaq:MAT
Snowflake Description

Reasonable growth potential and slightly overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
MAT
Nasdaq
$3B
Market Cap
  1. Home
  2. US
  3. Consumer Durables
Company description

Mattel, Inc., a children’s entertainment company, designs and produces toys and consumer products worldwide. The last earnings update was 36 days ago. More info.


Add to Portfolio Compare Print
  • Mattel has significant price volatility in the past 3 months.
MAT Share Price and Events
7 Day Returns
2.9%
NasdaqGS:MAT
13%
US Leisure
7.2%
US Market
1 Year Returns
-33.4%
NasdaqGS:MAT
-25.5%
US Leisure
-10.4%
US Market
MAT Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Mattel (MAT) 2.9% -26.5% -33.9% -33.4% -65% -63.3%
US Leisure 13% -11% -30.3% -25.5% -35.7% -36.9%
US Market 7.2% -12.6% -19.4% -10.4% 8.3% 21%
1 Year Return vs Industry and Market
  • MAT underperformed the Leisure industry which returned -25.5% over the past year.
  • MAT underperformed the Market in United States of America which returned -10.4% over the past year.
Price Volatility
MAT
Industry
5yr Volatility vs Market
Related Companies

MAT Value

 Is Mattel undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Mattel to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Mattel.

NasdaqGS:MAT Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 13 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 9.8%
Perpetual Growth Rate 10-Year US Government Bond Rate 1.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for NasdaqGS:MAT
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 1.7%
Equity Risk Premium S&P Global 5.4%
Leisure Unlevered Beta Simply Wall St/ S&P Global 0.95
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.949 (1 + (1- 21%) (104.44%))
1.49
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.49
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 1.74% + (1.49 * 5.44%)
9.85%

Discounted Cash Flow Calculation for NasdaqGS:MAT using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Mattel is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

NasdaqGS:MAT DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 9.85%)
2020 113.85 Analyst x6 103.65
2021 261.67 Analyst x6 216.86
2022 395.78 Est @ 51.25% 298.61
2023 539.84 Est @ 36.4% 370.80
2024 680.20 Est @ 26% 425.33
2025 807.55 Est @ 18.72% 459.70
2026 917.60 Est @ 13.63% 475.54
2027 1,009.93 Est @ 10.06% 476.47
2028 1,086.33 Est @ 7.57% 466.58
2029 1,149.53 Est @ 5.82% 449.47
Present value of next 10 years cash flows $3,743.00
NasdaqGS:MAT DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= $1,149.53 × (1 + 1.74%) ÷ (9.85% – 1.74%)
$14,429.09
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $14,429.09 ÷ (1 + 9.85%)10
$5,641.86
NasdaqGS:MAT Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $3,743.00 + $5,641.86
$9,384.86
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $9,384.86 / 346.87
$27.06
NasdaqGS:MAT Discount to Share Price
Calculation Result
Value per share (USD) From above. $27.06
Current discount Discount to share price of $8.79
= -1 x ($8.79 - $27.06) / $27.06
67.5%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Mattel is available for.
Intrinsic value
>50%
Share price is $8.79 vs Future cash flow value of $27.06
Current Discount Checks
For Mattel to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Mattel's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Mattel's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Mattel's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Mattel's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NasdaqGS:MAT PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in USD $-0.62
NasdaqGS:MAT Share Price ** NasdaqGS (2020-03-31) in USD $8.79
United States of America Leisure Industry PE Ratio Median Figure of 15 Publicly-Listed Leisure Companies 12.9x
United States of America Market PE Ratio Median Figure of 2,938 Publicly-Listed Companies 13.11x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Mattel.

NasdaqGS:MAT PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqGS:MAT Share Price ÷ EPS (both in USD)

= 8.79 ÷ -0.62

-14.25x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Mattel is loss making, we can't compare its value to the US Leisure industry average.
  • Mattel is loss making, we can't compare the value of its earnings to the United States of America market.
Price based on expected Growth
Does Mattel's expected growth come at a high price?
Raw Data
NasdaqGS:MAT PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -14.25x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 13 Analysts
97.3%per year
United States of America Leisure Industry PEG Ratio Median Figure of 12 Publicly-Listed Leisure Companies 0.93x
United States of America Market PEG Ratio Median Figure of 2,007 Publicly-Listed Companies 1.01x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Mattel, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Mattel's assets?
Raw Data
NasdaqGS:MAT PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in USD $1.42
NasdaqGS:MAT Share Price * NasdaqGS (2020-03-31) in USD $8.79
United States of America Leisure Industry PB Ratio Median Figure of 26 Publicly-Listed Leisure Companies 2.14x
United States of America Market PB Ratio Median Figure of 5,134 Publicly-Listed Companies 1.27x
NasdaqGS:MAT PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqGS:MAT Share Price ÷ Book Value per Share (both in USD)

= 8.79 ÷ 1.42

6.2x

* Primary Listing of Mattel.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Mattel is overvalued based on assets compared to the US Leisure industry average.
X
Value checks
We assess Mattel's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Leisure industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Leisure industry average (and greater than 0)? (1 check)
  5. Mattel has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

MAT Future Performance

 How is Mattel expected to perform in the next 1 to 3 years based on estimates from 13 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
97.3%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Mattel expected to grow at an attractive rate?
  • Mattel's earnings growth is expected to exceed the low risk savings rate of 1.7%.
Growth vs Market Checks
  • Mattel's earnings growth is expected to exceed the United States of America market average.
  • Mattel's revenue growth is positive but not above the United States of America market average.
Annual Growth Rates Comparison
Raw Data
NasdaqGS:MAT Future Growth Rates Data Sources
Data Point Source Value (per year)
NasdaqGS:MAT Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 13 Analysts 97.3%
NasdaqGS:MAT Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 13 Analysts 1.8%
United States of America Leisure Industry Earnings Growth Rate Market Cap Weighted Average 17.2%
United States of America Leisure Industry Revenue Growth Rate Market Cap Weighted Average 15.3%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 12.2%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.2%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NasdaqGS:MAT Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 13 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NasdaqGS:MAT Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2022-12-31 4,745 381 3
2021-12-31 4,674 394 162 13
2020-12-31 4,564 289 24 13
2020-04-01
NasdaqGS:MAT Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-12-31 4,505 181 -214
2019-09-30 4,555 190 -204
2019-06-30 4,511 129 -268
2019-03-31 4,492 54 -403
2018-12-31 4,515 -27 -533
2018-09-30 4,601 -19 -825
2018-06-30 4,724 -35 -1,434
2018-03-31 4,855 9 -1,252
2017-12-31 4,881 -28 -1,055
2017-09-30 5,105 186 -598
2017-06-30 5,340 286 240
2017-03-31 5,323 374 276

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Mattel's earnings are expected to grow significantly at over 20% yearly.
  • Mattel's revenue is expected to grow by 1.8% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NasdaqGS:MAT Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 13 Analyst Estimates (S&P Global) See Below

All data from Mattel Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGS:MAT Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2022-12-31 1.08 1.08 1.08 1.00
2021-12-31 0.40 0.75 -0.15 9.00
2020-12-31 0.03 0.15 -0.26 9.00
2020-04-01
NasdaqGS:MAT Past Financials Data
Date (Data in USD Millions) EPS *
2019-12-31 -0.62
2019-09-30 -0.59
2019-06-30 -0.78
2019-03-31 -1.17
2018-12-31 -1.55
2018-09-30 -2.39
2018-06-30 -4.17
2018-03-31 -3.64
2017-12-31 -3.07
2017-09-30 -1.74
2017-06-30 0.70
2017-03-31 0.81

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Mattel is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).
X
Future performance checks
We assess Mattel's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Mattel has a total score of 4/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

MAT Past Performance

  How has Mattel performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Mattel's growth in the last year to its industry (Leisure).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Mattel does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Mattel's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Mattel's 1-year growth to the US Leisure industry average as it is not currently profitable.
Earnings and Revenue History
Mattel's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Mattel Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGS:MAT Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 4,504.57 -213.51 1,880.45
2019-09-30 4,555.15 -204.05 1,866.15
2019-06-30 4,511.04 -268.37 1,807.10
2019-03-31 4,491.73 -403.46 1,828.17
2018-12-31 4,514.81 -533.30 1,939.12
2018-09-30 4,600.94 -824.96 2,000.95
2018-06-30 4,724.48 -1,434.49 2,089.13
2018-03-31 4,854.71 -1,251.86 2,133.59
2017-12-31 4,881.49 -1,054.58 2,168.91
2017-09-30 5,105.48 -598.46 1,991.64
2017-06-30 5,340.07 240.43 1,982.90
2017-03-31 5,322.87 276.37 1,966.63
2016-12-31 5,453.15 311.53 1,995.22
2016-09-30 5,621.99 356.92 2,088.92
2016-06-30 5,618.39 344.03 2,107.77
2016-03-31 5,649.26 351.46 2,141.24
2015-12-31 5,702.61 366.24 2,193.44
2015-09-30 5,696.84 300.29 2,246.41
2015-06-30 5,926.29 407.05 2,283.94
2015-03-31 6,000.39 447.89 2,291.51
2014-12-31 6,023.82 494.85 2,319.31
2014-09-30 6,143.07 712.23 2,189.47
2014-06-30 6,328.61 801.79 2,243.82
2014-03-31 6,435.46 846.28 2,259.27
2013-12-31 6,484.89 895.61 2,296.78
2013-09-30 6,627.58 833.07 2,320.00
2013-06-30 6,498.44 776.57 2,287.60

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Mattel has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Mattel has efficiently used its assets last year compared to the US Leisure industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Mattel improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Mattel's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Leisure industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Mattel has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

MAT Health

 How is Mattel's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Mattel's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Mattel is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Mattel's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Mattel's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.8x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Mattel Company Filings, last reported 3 months ago.

NasdaqGS:MAT Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 491.71 2,846.75 630.03
2019-09-30 453.66 3,086.77 218.30
2019-06-30 421.34 2,900.19 194.13
2019-03-31 518.52 2,853.45 380.11
2018-12-31 666.90 2,855.90 594.48
2018-09-30 666.41 3,124.92 209.15
2018-06-30 663.97 2,928.18 228.61
2018-03-31 982.47 2,871.77 526.72
2017-12-31 1,247.10 3,123.12 1,079.22
2017-09-30 1,439.68 2,869.05 181.31
2017-06-30 2,067.41 2,642.46 275.40
2017-03-31 2,215.94 2,314.98 381.89
2016-12-31 2,407.78 2,326.44 869.53
2016-09-30 2,415.38 2,433.49 297.09
2016-06-30 2,310.29 2,153.13 317.80
2016-03-31 2,475.12 2,085.43 599.71
2015-12-31 2,633.25 2,101.64 892.81
2015-09-30 2,572.66 2,261.01 289.70
2015-06-30 2,564.47 2,100.00 300.46
2015-03-31 2,666.64 2,100.00 682.91
2014-12-31 2,949.07 2,100.00 971.65
2014-09-30 3,067.83 2,152.50 262.17
2014-06-30 2,951.57 2,120.48 518.22
2014-03-31 3,097.54 1,600.00 897.25
2013-12-31 3,251.56 1,604.28 1,039.22
2013-09-30 3,008.17 1,727.81 406.46
2013-06-30 2,921.45 1,690.70 823.02
  • Mattel's level of debt (578.9%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (71.3% vs 578.9% today).
  • Debt is not well covered by operating cash flow (6.4%, less than 20% of total debt).
  • Mattel is making a loss, therefore interest payments are not well covered by earnings.
X
Financial health checks
We assess Mattel's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Mattel has a total score of 1/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

MAT Dividends

 What is Mattel's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Mattel dividends. Estimated to be 0.04% next year.
If you bought $2,000 of Mattel shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Mattel's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Mattel's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NasdaqGS:MAT Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 13 Analyst Estimates (S&P Global) See Below
United States of America Leisure Industry Average Dividend Yield Market Cap Weighted Average of 10 Stocks 3.4%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 1946 Stocks 2.9%
United States of America Minimum Threshold Dividend Yield 10th Percentile 1.1%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.9%
United States of America Top 25% Dividend Yield 75th Percentile 5.4%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NasdaqGS:MAT Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2022-12-31 0.00 2.00
2021-12-31 0.01 5.00
2020-12-31 0.00 4.00
2020-04-01
NasdaqGS:MAT Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2019-07-26 0.000 0.000
2019-07-25 0.000 0.000
2019-04-26 0.000 0.000
2019-04-25 0.000 0.000
2019-02-22 0.000 0.000
2019-02-07 0.000 0.000
2018-10-25 0.000 0.000
2018-07-25 0.000 0.000
2018-04-26 0.000 0.000
2018-02-27 0.000 0.000
2018-02-01 0.000 0.000
2017-10-26 0.000 0.000
2017-08-02 0.600 3.732
2017-07-27 0.600 2.994
2017-04-27 1.520 7.033
2017-04-20 1.520 6.739
2017-02-23 1.520 5.996
2017-01-25 1.520 5.820
2016-10-27 1.520 5.041
2016-10-19 1.520 4.733
2016-07-28 1.520 4.734
2016-07-20 1.520 4.627
2016-04-28 1.520 4.827
2016-04-20 1.520 4.749
2016-02-25 1.520 4.616
2016-02-01 1.520 4.874
2015-07-16 1.520 6.306
2015-01-26 1.520 5.848
2014-10-16 1.520 5.034
2014-07-17 1.520 4.502
2014-04-17 1.520 3.911
2014-02-26 1.520 3.974
2014-01-31 1.520 4.171
2013-07-17 1.440 3.313
2013-04-17 1.440 3.186
2013-02-01 1.440 3.454
2012-10-16 1.240 3.368
2012-07-17 1.240 3.506
2012-04-16 1.240 3.875
2012-01-31 1.240 3.773
2011-10-14 0.920 3.245
2011-07-15 0.920 3.539
2011-04-15 0.920 3.456
2011-02-02 0.920 3.647
2010-11-15 0.830 3.331
2009-11-12 0.750 3.441

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Mattel has not reported any payouts.
  • Unable to verify if Mattel's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Mattel's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Mattel has not reported any payouts.
Future Payout to shareholders
  • No need to calculate the sustainability of Mattel's dividends in 3 years as they are not expected to pay a notable one for United States of America.
X
Income/ dividend checks
We assess Mattel's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Mattel afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Mattel has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

MAT Management

 What is the CEO of Mattel's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Ynon Kreiz
COMPENSATION $16,955,660
AGE 54
TENURE AS CEO 2 years
CEO Bio

Mr. Ynon Kreiz has been a Director of Warner Music Group Corp. since May 9, 2016. He serves as a Director and Chief Executive Officer of Mattel, Inc. since June 13, 2017 and April 26, 2018 respectively. He serves as Executive Chairman of the Board of Mattel, Inc. since May 17, 2018. Mr. Kreiz served as an Executive Chairman, President and Chief Executive Officer of Maker Studios, Inc. since March 2012 until January 11, 2016. Mr. Kreiz was a General Partner of Balderton Capital III, L.P. and Balderton Capital II, L.P. Mr. Kreiz was a founder of Bullion International Ltd. He served as General Partner at the London Office of Benchmark Capital. He joined Benchmark Capital in January 2005. He served as Chief Executive Officer of Endemol Nederland B.V. since April, 2012. He served as Chairman, Chief Executive Officer and Member of Management Board of Endemol Group B.V. (June 2008 – June 2011). He served as Chief Executive Officer of Standard Media Index until April 2012. From 2005 to 2007, Mr. Kreiz served as General Partner at Balderton Capital and Balderton CapitalL.P. From 1996 to 2002, he served as Chairman, President and Chief Executive Officer at Jetix Europe (Fox Kids Europe) which he co-founded in October 1996. He was at FKE until December 2002. However, Mr. Kreiz remained affiliated with the Saban Capital Group. Mr. Kreiz was Investment Partner at Benchmark Capital (Balderton Capital). Mr. Kreiz has more than 20 years of experience as a leader, operator and investor in the media and entertainment industry. He holds Board seats at Daylife, ESPN America (also known as NASN), and Ricall Limited. He served as a Director at Player X Ltd. until November 11, 2008. He served as a Director of Saban Capital Group, Inc. He served as a Director of North American Sports Network Ltd. Mr. Kreiz served as a Director of Setanta Sport Holdings Limited (also known as Setanta Sport) since October 2005 and The Codemasters Software Company Limited. He served as Supervisory Board of ProSiebenSat1. Media AG from October 25, 2004 to March 06, 2007. He has been Director of Standard Media Index since June 2013. He served as Director of GreenRoad Technologies, Inc. (also known as Drive Diagnostics). Under his leadership, Fox Kids Europe became one of the fastest growing pay-TV channels in Europe and the Middle East, broadcasting in 56 countries in 17 languages. He has been Chairman of the Board, Showmax since March 2017, Board of Advisors, Anderson Graduate School of Management at UCLA since April 2015 and Chairman of Board of Trustees, Israeli Olympic Committee, London Games (2012). He was Chairman of the Board of Cortica Inc. (2012 – 2014). He received a B.A. in Economics and Management in 1991 from the Tel Aviv University and an M.B.A. from UCLA's Anderson School of Management in 1993.

CEO Compensation
  • Ynon's compensation has increased whilst company is loss making.
  • Ynon's remuneration is higher than average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the Mattel management team in years:

2.8
Average Tenure
53.5
Average Age
  • The tenure for the Mattel management team is about average.
Management Team

Ynon Kreiz

TITLE
Executive Chairman & CEO
COMPENSATION
$17M
AGE
54
TENURE
2 yrs

Richard Dickson

TITLE
President & COO
COMPENSATION
$8M
AGE
51
TENURE
5.3 yrs

Joe Euteneuer

TITLE
Chief Financial Officer
COMPENSATION
$5M
AGE
63
TENURE
2.6 yrs

Robert Normile

TITLE
Executive VP
COMPENSATION
$2M
AGE
59
TENURE
9.2 yrs

Amy Thompson

TITLE
Executive VP & Chief People Officer
COMPENSATION
$2M
AGE
43
TENURE
2.6 yrs

Sven Gerjets

TITLE
Executive VP & Chief Technology Officer
TENURE
2.8 yrs

Dave Zbojniewicz

TITLE
Head of Investor Relations

Dena Cook

TITLE
Executive VP and Global Head of Communications & Public Relations
TENURE
1.1 yrs

Geoff Walker

TITLE
Chief Strategic Technology Officer & Executive VP
COMPENSATION
$2M
AGE
53
TENURE
7 yrs

Susie Lecker

TITLE
Executive VP & Chief Brands Officer of Toybox Division
TENURE
4.8 yrs
Board of Directors Tenure

Average tenure and age of the Mattel board of directors in years:

1.9
Average Tenure
58
Average Age
  • The average tenure for the Mattel board of directors is less than 3 years, this suggests a new board.
Board of Directors

Ynon Kreiz

TITLE
Executive Chairman & CEO
COMPENSATION
$17M
AGE
54
TENURE
1.9 yrs

Michael Dolan

TITLE
Independent Lead Director
COMPENSATION
$320K
AGE
72
TENURE
5 yrs

Dominic Ng

TITLE
Independent Director
COMPENSATION
$280K
AGE
60
TENURE
14.1 yrs

Vasant Prabhu

TITLE
Independent Director
COMPENSATION
$285K
AGE
59
TENURE
12.6 yrs

Ann Lewnes

TITLE
Independent Director
COMPENSATION
$270K
AGE
57
TENURE
5.2 yrs

Richard Bradley

TITLE
Independent Director
COMPENSATION
$250K
AGE
61
TENURE
1.9 yrs

Soren Laursen

TITLE
Former Interim Executive Director
COMPENSATION
$389K
AGE
54
TENURE
1.9 yrs

Adriana Cisneros

TITLE
Independent Director
COMPENSATION
$200K
AGE
39
TENURE
1.7 yrs

Roger Lynch

TITLE
Independent Director
COMPENSATION
$215K
AGE
56
TENURE
1.7 yrs

Judy Olian

TITLE
Independent Director
COMPENSATION
$195K
AGE
67
TENURE
1.6 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
X
Management checks
We assess Mattel's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Mattel has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

MAT News

Simply Wall St News

Is There An Opportunity With Mattel, Inc.'s (NASDAQ:MAT) 36% Undervaluation?

A DCF is all about the idea that a dollar in the future is less valuable than a dollar today, and so the sum of these future cash flows is then discounted to today's value: 10-year free cash flow (FCF) forecast 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 Levered FCF ($, Millions) $-81.40 $166.03 $284.10 $390.82 $496.79 $595.15 $682.50 $758.22 $823.31 $879.52 Growth Rate Estimate Source Analyst x4 Analyst x3 Analyst x1 Est @ 37.56% Est @ 27.11% Est @ 19.8% Est @ 14.68% Est @ 11.09% Est @ 8.58% Est @ 6.83% Present Value ($, Millions) Discounted @ 10.81% $-73.46 $135.21 $208.79 $259.19 $297.32 $321.43 $332.64 $333.48 $326.78 $315.03 Present Value of 10-year Cash Flow (PVCF)= $2.46b "Est" = FCF growth rate estimated by Simply Wall St After calculating the present value of future cash flows in the intial 10-year period, we need to calculate the Terminal Value, which accounts for all future cash flows beyond the first stage. … Terminal Value (TV) = FCF2029 × (1 + g) ÷ (r – g) = US$880m × (1 + 2.7%) ÷ (10.8% – 2.7%) = US$11b Present Value of Terminal Value (PVTV) = TV / (1 + r)10 = $US$11b ÷ ( 1 + 10.8%)10 = $4.00b The total value, or equity value, is then the sum of the present value of the future cash flows, which in this case is $6.46b. … NasdaqGS:MAT Intrinsic value, June 19th 2019 The assumptions We would point out that the most important inputs to a discounted cash flow are the discount rate and of course the actual cash flows.

Simply Wall St -

Read This Before Selling Mattel, Inc. (NASDAQ:MAT) Shares

For example, a Harvard University study found that 'insider purchases earn abnormal returns of more than 6% per year.' See our latest analysis for Mattel The Last 12 Months Of Insider Transactions At Mattel Over the last year, we can see that the biggest insider purchase was by Executive Chairman & CEO Ynon Kreiz for US$1.0m worth of shares, at about US$14.02 per share. … Generally speaking, it catches our eye when insiders have purchased shares at above current prices, as it suggests they believed the shares were worth buying, even at a higher price. … NasdaqGS:MAT Recent Insider Trading, May 29th 2019 Mattel is not the only stock that insiders are buying.

Simply Wall St -

What Kind Of Share Price Volatility Should You Expect For Mattel, Inc. (NASDAQ:MAT)?

Every stock in the market is exposed to this volatility, which is linked to the fact that stocks prices are correlated in an efficient market. … Beta can be a useful tool to understand how much a stock is influenced by market risk (volatility). … Any stock with a beta of greater than one is considered more volatile than the market, while those with a beta below one are either less volatile or poorly correlated with the market.

Simply Wall St -

Did Changing Sentiment Drive Mattel's (NASDAQ:MAT) Share Price Down A Worrying 65%?

Mattel isn't a profitable company, so it is unlikely we'll see a strong correlation between its share price and its earnings per share (EPS). … Some companies are willing to postpone profitability to grow revenue faster, but in that case one does expect good top-line growth. … Ultimately, it may be worth watching - should revenue pick up, the share price might follow.

Simply Wall St -

How Much Are Mattel, Inc. (NASDAQ:MAT) Insiders Spending On Buying Shares?

So shareholders might well want to know whether insiders have been buying or selling shares in Mattel, Inc. … But logic dictates you should pay some attention to whether insiders are buying or selling shares. … In any event it's generally a positive if insiders are buying shares at around the current price.

Simply Wall St -

What Does Mattel, Inc.'s (NASDAQ:MAT) Share Price Indicate?

saw significant share price movement during recent months on the NasdaqGS, rising to highs of $16.62 and falling to the lows of $9.26. … Some share price movements can give investors a better opportunity to enter into the stock, and potentially buy at a lower price? … Let’s take a look at Mattel’s outlook and value based on the most recent financial data to see if there are any catalysts for a price change

Simply Wall St -

Is It The Right Time To Buy Mattel Inc (NASDAQ:MAT)?

As a mid-cap stock with high coverage by analysts, you could assume any recent changes in the company’s outlook is already priced into the stock? … However, could the stock still be trading at a relatively cheap price. … According to my valuation model, the stock is currently overvalued by about 97.79%, trading at US$17.68 compared to my

Simply Wall St -

Is Mattel Inc (NASDAQ:MAT) Undervalued?

Mattel Inc (NASDAQ:MAT), a leisure company based in United States, saw a double-digit share price rise of over 10% in the past couple of months on the NasdaqGS. … In addition to this, it seems like Mattel’s share price is quite stable, which could mean two things: firstly, it may take the share price a while to fall back down to an attractive buying range, and secondly, there may be less chances to buy low in the future once it reaches that value. … Buying a great company with a robust outlook at a cheap price is always a good investment, so let’s also take a look at the company's future expectations.

Simply Wall St -

How Does Mattel Inc (NASDAQ:MAT) Affect Your Portfolio Returns?

A popular measure of market risk for a stock is its beta, and the market as a whole represents a beta value of one. … Based on this beta value, MAT appears to be a stock that an investor with a high-beta portfolio would look for to reduce risk exposure to the market. … Thus, we can expect MAT to be more stable in the face of market movements, relative to its peers of similar size but with a higher portion of fixed assets on their books.

Simply Wall St -

Is Mattel Inc (NASDAQ:MAT) A Consumer Sector Leader?

Below, I will examine the sector growth prospects, as well as evaluate whether Mattel is lagging or leading its competitors in the industry. … NasdaqGS:MAT PE PEG Gauge Mar 30th 18 The leisure industry is trading at a PE ratio of 22.09x, relatively similar to the rest of the US stock market PE of 18.12x. … If Mattel has been on your watchlist for a while, now may be the time to enter into the stock, if you like its growth prospects and are not highly concentrated in the leisure industry.

Simply Wall St -

MAT Company Info

Description

Mattel, Inc., a children’s 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, Enchantimals, and Polly Pocket brands; dolls and books under the American Girl brand name; diecast cars, tracks, playsets, and play products for kids, adults, and collectors under the Hot Wheels brand name; and infant, toddler, and preschool products comprising content, toys, live events, and other lifestyle products under the Fisher-Price and Thomas & Friends, Power wheels, Fireman Sam, and Shimmer and Shine brands. The company also provides action figures, building sets, and games under the MEGA, UNO, Toy Story (Disney Pixar), Jurassic World (NBCUniversal), and WWE brands; and licensor partner brands, including Disney, WWE, Nickelodeon, Warner Bros. Consumer Products, NBCUniversal, and Microsoft. 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.

Details
Name: Mattel, Inc.
MAT
Exchange: NasdaqGS
Founded: 1945
$3,055,931,977
346,870,826
Website: http://www.mattel.com
Address: Mattel, Inc.
333 Continental Boulevard,
El Segundo,
California, 90245-5012,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqGS MAT Common Stock Nasdaq Global Select US USD 02. Jan 1962
DB MTT Common Stock Deutsche Boerse AG DE EUR 02. Jan 1962
XTRA MTT Common Stock XETRA Trading Platform DE EUR 02. Jan 1962
LSE 0JZH Common Stock London Stock Exchange GB USD 02. Jan 1962
SWX MTT Common Stock SIX Swiss Exchange CH CHF 02. Jan 1962
WBAG MAT Common Stock Wiener Boerse AG AT EUR 02. Jan 1962
BMV MAT * Common Stock Bolsa Mexicana de Valores MX MXN 02. Jan 1962
ETLX MTT Common Stock Eurotlx IT EUR 02. Jan 1962
Number of employees
Current staff
Staff numbers
24,000
Mattel employees.
Industry
Leisure Products
Consumer Durables
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/01 01:19
End of day share price update: 2020/03/31 00:00
Last estimates confirmation: 2020/03/26
Last earnings filing: 2020/02/25
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.