Mattel Inc Stock Research

Market Summary

USD16.62+0.62

Delayed

3.88%

MAT Alerts

Big fall in Revenue (Y/Y)
Big fall in earnings (Y/Y)

MAT Stock Price

MAT RSI Chart

MAT Valuation

Market Cap

5.9B

Price/Earnings (Trailing)

14.96

Price/Sales (Trailing)

1.08

EV/EBITDA

9.86

Price/Free Cashflow

13.3

MAT Price/Sales (Trailing)

MAT Profitability

EBT Margin

9.28%

Return on Equity

19.16%

Return on Assets

6.38%

Free Cashflow Yield

7.52%

MAT Fundamentals

MAT Revenue

Revenue (TTM)

5.4B

Revenue Y/Y

-21.89%

Revenue Q/Q

-20.15%

MAT Earnings

Earnings (TTM)

393.9M

Earnings Y/Y

-92.85%

Earnings Q/Q

-94.43%

Price Action

52 Week Range

15.3626.99

(Low)(High)

Last 7 days

-9.1%

Last 30 days

-13.2%

Last 90 days

-6.4%

Trailing 12 Months

-29.4%

MAT Financial Health

Current Ratio

2.3

Debt/Equity

1.25

Debt/Cashflow

0.17

MAT Investor Care

Shares Dilution (1Y)

1.15%

Diluted EPS (TTM)

1.1

Peers (Alternatives to Mattel)

View All Peers In Detail

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
NKE	188.1B	49.1B	-5.58%	-0.19%	33.39	3.83	6.05%	-8.67%
GRMN	18.6B	4.9B	-1.90%	-11.92%	19.15	3.84	-2.46%	-10.04%
MID-CAP
WHR	7.0B	19.7B	-12.75%	-30.01%	-4.6	0.35	-10.28%	-185.19%
HAS	6.6B	5.9B	-19.37%	-44.73%	32.59	1.13	-8.78%	-52.53%
MAT	5.9B	5.4B	-13.23%	-29.36%	14.96	1.08	-0.42%	-56.38%
BC	5.7B	6.8B	-8.93%	-7.61%	8.46	0.84	16.52%	14.11%
ELY	3.8B	4.0B	-6.53%	-23.38%	23.91	0.94	27.52%	-50.96%
PTON	3.6B	3.1B	-19.96%	-51.75%	-1.32	1.19	-26.24%	-142.38%
GOLF	3.6B	2.3B	-2.05%	15.83%	17.96	1.58	5.70%	11.41%
YETI	3.3B	1.6B	-9.23%	-34.19%	37.17	2.09	13.06%	-57.81%
SMALL-CAP
MBUU	1.1B	1.3B	-10.32%	-6.94%	6.61	0.85	25.41%	37.27%
CLAR	335.3M	448.1M	-5.57%	-59.74%	-4.8	0.75	19.24%	-17.53%
ESCA	176.6M	313.8M	-1.32%	-2.83%	9.82	0.56	0.05%	-26.29%
JAKK	143.6M	852.3M	-26.90%	7.40%	2.86	0.17	51.81%	454.58%
NLS	44.9M	424.4M	-16.18%	-65.88%	-0.83	0.11	-37.20%	-305.75%

Financials for Mattel

* denotes actual numbers (not divided by Millions)
Income Statement (Last 12 Months)					(In Millions)
Description	(%) Q/Q	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4
Revenue	-6.7%	5,435	5,828	5,834	5,625	5,458
Gross Profit	-10.2%	2,481	2,763	2,759	2,698	2,627
R&D Expenses	3.2%	195	189	-	-	-
EBITDA	-21.0%	782	989	977	945	-
EBITDA Margin	-15.3%	0.14*	0.17*	0.18*	0.17*	-
Earnings Before Taxes	-29.0%	504	710	681	605	471
EBT Margin	-23.9%	0.09*	0.12*	0.13*	0.11*	-
Interest Expenses	-0.1%	133	133	151	157	254
Net Income	-34.7%	394	604	1,109	1,037	903
Net Income Margin	-30.0%	0.07*	0.10*	0.21*	0.18*	-
Free Cahsflow	-5.1%	443	467	302	377	-

* denotes actual numbers (not divided by Millions)
Balance Sheet					(In Millions)
Description	(%) Q/Q	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4
Assets	-4.5%	6,178	6,468	6,168	6,147	6,394
Current Assets	-11.5%	2,729	3,083	2,714	2,636	2,875
Cash Equivalents	118.1%	761	349	275	537	731
Inventory	-17.5%	894	1,084	1,178	969	777
Net PPE	5.6%	469	444	442	452	456
Goodwill	0.6%	1,379	1,371	1,379	1,387	1,390
Current Liabilities	-24.6%	1,188	1,576	1,488	1,545	1,598
. Short Term Borrowings	-100.0%	-	3.00	-	-	-
Long Term Debt	0.0%	2,574	2,573	2,572	2,571	-
LT Debt, Current	0%	250	250	250	-	-
LT Debt, Non Current	0.1%	2,326	2,324	2,323	2,322	2,571
Shareholder's Equity	4.5%	2,056	1,967	1,728	1,618	1,569
Retained Earnings	0.6%	2,848	2,832	2,542	2,475	2,457
Additional Paid-In Capital	0.7%	1,808	1,796	1,817	1,805	1,832
Shares Outstanding	0.3%	354	353	352	-	-

Cashflow (Last 12 Months)					(In Millions)
Description	(%) Q/Q	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4
Cashflow From Operations	-5.1%	443	467	302	377	485
Share Based Compensation	-0.7%	69.00	70.00	68.00	64.00	60.00
Cashflow From Investing	-10.0%	-144	-131	-131	-160	-105
Cashflow From Financing	-98.0%	-260	-131	-283	-300	-402

Risks for MAT

What is the probability of a big loss on MAT?

69.2%

Probability that Mattel stock will be more than 20% underwater in next one year

65.4%

Probability that Mattel stock will be more than 30% underwater in next one year.

36.9%

Probability that Mattel stock will be more than 40% underwater in next one year.

*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does MAT drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Mattel was unfortunately bought at previous high price.

Drawdowns

Returns for MAT

Cumulative Returns on MAT

-7.2%

10-Year Cumulative Returns

-8.5%

7-Year Cumulative Returns

2.9%

5-Year Cumulative Returns

24.7%

3-Year Cumulative Returns

What are the long-term rolling returns for MAT?

FIve years rolling returns for Mattel.

Annualized Returns

Which funds bought or sold MAT recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
2023-03-10	VICTORY CAPITAL MANAGEMENT INC	added	7.87	1,902,520	120,497,000	0.13%
2023-03-06	Rockefeller Capital Management L.P.	added	2.96	-1,000	4,000	-%
2023-02-28	Voya Investment Management LLC	added	35.15	969,443	4,519,440	0.01%
2023-02-28	Trust Investment Advisors	sold off	-100	-228,000	-	-%
2023-02-27	Parallax Volatility Advisers, L.P.	unchanged	-	-28,000	446,000	-%
2023-02-24	NATIXIS	sold off	-100	-1,383,000	-	-%
2023-02-22	Kovack Advisors, Inc.	added	14.39	21,892	297,892	0.04%
2023-02-22	TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY	added	6.39	2,000	1,009,000	0.01%
2023-02-22	CVA Family Office, LLC	sold off	-100	-	-	-%
2023-02-21	NORTHWESTERN MUTUAL INVESTMENT MANAGEMENT COMPANY, LLC	reduced	-35.71	-380,866	585,134	0.02%

Latest Funds Activity

Are funds buying MAT calls or puts?

Calls

Puts

Are funds bullish or bearish(Calls - Puts)?

Net Call Options

No. of funds that own MAT

No. of Funds

Mattel News

Schedule 13G FIlings of Mattel

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 14, 2023	ariel investments, llc	4.5%	15,903,612	SC 13G/A
Feb 13, 2023	edgepoint investment group inc.	12.5%	44,196,480	SC 13G/A
Feb 13, 2023	capital research global investors	3.8%	13,434,338	SC 13G/A
Feb 09, 2023	primecap management co/ca/	12.51%	44,345,839	SC 13G/A
Feb 09, 2023	vanguard group inc	9.72%	34,438,270	SC 13G/A
Jan 25, 2023	blackrock inc.	8.7%	30,678,443	SC 13G/A
Mar 10, 2022	southeastern asset management inc/tn/	0.0%	15,903,746	SC 13G/A
Feb 14, 2022	southeastern asset management inc/tn/	0.0%	20,228,340	SC 13G
Feb 14, 2022	ariel investments, llc	5.2%	18,276,684	SC 13G
Feb 11, 2022	edgepoint investment group inc.	11.8%	41,485,845	SC 13G/A

MAT Fair Value

Mattel fair value in different scenarios

The table shows the Fair Value estimates for Mattel for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.

Fair Value	Very Pessimistic	Pessimistic	Base Case	Optimistic	Very Optimistic
Very Low Inflation	- -	- -	- -	- -	- -
Current Inflation	9.84 -40.79%	12.03 -27.62%	16.76 0.84%	20.25 21.84%	33.38 100.84%
Very High Inflation	- -	- -	- -	- -	- -

Historical Mattel Fair Value Estimates

Very Pessimistic Case

Pessimistic Case

Fair Value

Optimistic Case

Very Optimistic Case

Closing Stock Price

Recent SEC filings of Mattel

View All Filings

Date Filed	Form Type	Document
Feb 22, 2023	10-K	Annual Report
Feb 14, 2023	SC 13G/A	Major Ownership Report
Feb 13, 2023	SC 13G/A	Major Ownership Report
Feb 13, 2023	SC 13G/A	Major Ownership Report
Feb 09, 2023	4	Insider Trading
Feb 09, 2023	4	Insider Trading
Feb 09, 2023	4	Insider Trading
Feb 09, 2023	4	Insider Trading
Feb 09, 2023	4	Insider Trading
Feb 09, 2023	4	Insider Trading

Latest Insider Trading transactions for MAT

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
2023-02-07	Hugh Yoon J.	sold (taxes)	-100,388	20.75	-4,838	svp & corporate controller
2023-02-07	Thompson Amanda J	acquired	-	-	68,651	evp & chief people officer
2023-02-07	Dickson Richard	sold (taxes)	-3,211,000	20.75	-154,747	pres & chief operating officer
2023-02-07	DISILVESTRO ANTHONY	sold (taxes)	-1,094,790	20.75	-52,761	chief financial officer
2023-02-07	DISILVESTRO ANTHONY	acquired	-	-	137,300	chief financial officer
2023-02-07	Thompson Amanda J	sold (taxes)	-561,827	20.75	-27,076	evp & chief people officer
2023-02-07	Kreiz Ynon	acquired	-	-	936,588	chairman & ceo
2023-02-07	TOTZKE STEVE	sold (taxes)	-863,055	20.75	-41,593	president, chief comm officer
2023-02-07	Hugh Yoon J.	acquired	-	-	13,076	svp & corporate controller
2023-02-07	Isaias Zanatta Roberto Jacobo	sold (taxes)	-561,412	20.75	-27,056	evp & chief supply chain offr

About Mattel

Ynon Kreiz

www.corporate.mattel.com

36300

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, Monster High, American Girl, Polly Pocket, Spirit, and Enchantimals 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, Power wheels, and Fireman Sam 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, NBCUniversal, WWE, Microsoft, Nickelodeon, Warner Bros, and Sanrio. 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.

MAT Income Statement

2022-12-31

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Income Statement [Abstract]
Net Sales	$ 5,434,687	$ 5,457,741	$ 4,588,433
Cost of sales	2,953,335	2,831,079	2,345,330
Gross Profit	2,481,352	2,626,662	2,243,103
Advertising and promotion expenses	534,255	545,674	525,803
Other selling and administrative expenses	1,271,582	1,351,426	1,342,564
Operating Income	675,515	729,562	374,736
Interest expense	132,818	253,937	198,332
Interest (income)	(9,398)	(3,503)	(3,945)
Other non-operating expense, net	47,760	8,364	2,692
Income Before Income Taxes	504,335	470,764	177,657
Provision (benefit) for income taxes	135,851	(420,381)	65,549
(Income) from equity method investments	(25,429)	(11,842)	(11,471)
Net Income	$ 393,913	$ 902,987	$ 123,579
Net income per common share - basic (USD per share)	$ 1.11	$ 2.58	$ 0.36
Weighted-average number of common shares (in shares)	353,792	350,007	347,463
Net income per common share - diluted (USD per share)	$ 1.10	$ 2.53	$ 0.35
Weighted-average number of common and potential common shares (in shares)	359,612	357,253	349,116

MAT Balance Sheet

2022-12-31

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Current Assets
Cash and equivalents	$ 761,235	$ 731,362
Accounts receivable, net of allowances for credit losses of $27.6 million and $10.7 million in 2022 and 2021, respectively	860,221	1,072,684
Inventories	894,064	777,184
Prepaid expenses and other current assets	213,515	293,299
Total current assets	2,729,035	2,874,529
Noncurrent Assets
Property, plant, and equipment, net	469,132	455,966
Right-of-use assets, net	318,680	325,484
Goodwill	1,378,551	1,390,207
Deferred income tax assets	471,672	526,906
Identifiable intangible assets, net	425,100	476,858
Other noncurrent assets	385,491	343,944
Total Assets	6,177,661	6,393,894
Current Liabilities
Accounts payable	471,475	579,152
Accrued liabilities	678,689	991,592
Income taxes payable	37,584	27,509
Total current liabilities	1,187,748	1,598,253
Noncurrent Liabilities
Long-term debt	2,325,644	2,570,992
Noncurrent lease liabilities	271,418	283,626
Other noncurrent liabilities	336,582	372,174
Total noncurrent liabilities	2,933,644	3,226,792
Commitments and Contingencies (See Note 12)
Stockholders' Equity
Common stock $1.00 par value, 1.0 billion shares authorized; 441.4 million shares issued	441,369	441,369
Additional paid-in capital	1,808,308	1,832,144
Treasury stock at cost: 87.0 million shares and 90.7 million shares in 2022 and 2021, respectively	(2,129,639)	(2,219,990)
Retained earnings	2,847,709	2,456,597
Accumulated other comprehensive loss	(911,478)	(941,271)
Total stockholders' equity	2,056,269	1,568,849
Total Liabilities and Stockholders' Equity	$ 6,177,661	$ 6,393,894