Hasbro (FRA:HAS) ROIC %: 23.28% (As of Mar. 2026)


FRA:HAS Hasbro Inc FRA:HAS
71 GF Score
Price €73.94
GF Value €61.48
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Hasbro ROIC %?

Hasbro FRA:HAS -0.75% 71 ROIC % is 23.28% as of Mar. 2026. GuruFocus rates FRA:HAS with a GF Score™ of 71/100 and a GF Value™ of €61.48 (Modestly Overvalued). The stock has 3 warning signs investors should review.

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. Hasbro's annualized return on invested capital (ROIC %) for the quarter that ended in Mar. 2026 was 23.28%.

As of today (2026-06-24), Hasbro's WACC % is 6.33%. Hasbro's ROIC % is 0.00% (calculated using TTM income statement data). Hasbro earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Hasbro  (FRA:HAS) ROIC % Explanation

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.

There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.

Why is ROIC % important?

Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.

As of today, Hasbro's WACC % is 6.33%. Hasbro's ROIC % is 0.00% (calculated using TTM income statement data). Hasbro earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Be Aware

Like ROE % and ROA %, ROIC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.


Hasbro ROIC % Related Terms


Hasbro ROIC % Historical Data

* Premium members only.

The historical data trend for Hasbro's ROIC % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Hasbro ROIC % Chart

Hasbro Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.23 4.87 2.71 12.42 24.09

Hasbro Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROIC % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.36 20.97 27.81 23.86 23.28

FRA:HAS vs LTH, GOLF, MAT: ROIC % Comparison

For the Leisure subindustry, Hasbro's ROIC %, along with its competitors' market caps and ROIC % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Hasbro ROIC % vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Hasbro's ROIC % distribution charts can be found below:

* The bar in red indicates where Hasbro's ROIC % falls into.


FRA:HAS
71GF Score
Hasbro Inc FRA:HAS
ROIC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Hasbro ROIC % Calculation

Hasbro's annualized Return on Invested Capital (ROIC %) for the fiscal year that ended in Dec. 2025 is calculated as:

ROIC % (A: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Dec. 2024 ) + Invested Capital (A: Dec. 2025 ))/ count )
=903.532 * ( 1 - 0% )/( (4328.06 + 3171.755)/ 2 )
=903.532/3749.9075
=24.09 %

where

Invested Capital(A: Dec. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=6054.987 - 1063.488 - ( 663.439 - max(0, 1338.242 - 2141.588+663.439))
=4328.06

Invested Capital(A: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=4741.408 - 961.092 - ( 752.886 - max(0, 1597.919 - 2206.48+752.886))
=3171.755

Hasbro's annualized Return on Invested Capital (ROIC %) for the quarter that ended in Mar. 2026 is calculated as:

ROIC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=935.236 * ( 1 - 18.27% )/( (3171.755 + 3394.865)/ 2 )
=764.3683828/3283.31
=23.28 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=4741.408 - 961.092 - ( 752.886 - max(0, 1597.919 - 2206.48+752.886))
=3171.755

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=5129.709 - 788.88 - ( 1172.334 - max(0, 1445.761 - 2391.725+1172.334))
=3394.865

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data. The tax rate is limited to between 0% and 100%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about ROIC % →
What does a ROIC % of 23.28% mean?
Hasbro (FRA:HAS) has a ROIC % of 23.28% as of Mar. 2026. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Hasbro and its competitors.
Is Hasbro's ROIC % too high?
Hasbro's current ROIC % is 23.28%. The Travel & Leisure industry median ROIC % is 3.74. Hasbro's value of 23.28% is 522.5% above this industry median. Overall, Hasbro has a GF Score™ of 71/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hasbro's ROIC % compare to LTH and GOLF?
Hasbro's ROIC % of 23.28% can be compared against companies in the Travel & Leisure industry. The industry median ROIC % is 3.74. Hasbro's value of 23.28% is 522.5% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROIC % for a Travel & Leisure company?
The median ROIC % among Travel & Leisure companies is 3.74, based on 833 companies in the industry. Companies in the top quartile (top 25%) have a ROIC % significantly above this median, while those in the bottom quartile fall well below. However, ROIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Hasbro's current ROIC % of 23.28% is 522.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROIC % mean?
A high ROIC % can signal that a stock is expensive relative to its fundamentals. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Hasbro and its competitors. For the Travel & Leisure industry, the median ROIC % is 3.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hasbro's current ROIC % is 23.28%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hasbro stock overvalued right now?
Based on GuruFocus' analysis, Hasbro (FRA:HAS) is currently considered Modestly Overvalued. The stock's GF Value™ is €61.48, compared to a current price of €73.94 — trading 20.3% above its estimated fair value. The current ROIC % is 23.28% and 522.5% above the Travel & Leisure industry median of 3.74. Hasbro's overall GF Score™ is 71/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROIC % calculated?
ROIC % is calculated from a company's financial statements. For Hasbro (FRA:HAS), the current ROIC % is 23.28% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Hasbro (FRA:HAS) Overvalued in 2026?

Based on GuruFocus' analysis, Hasbro stock appears to be overvalued. The current stock price of €73.94 is trading 20.3% above its estimated GF Value™ of €61.48. GuruFocus considers Hasbro to be Modestly Overvalued.

Key valuation signals for FRA:HAS:

  • ROIC %: 23.28%
  • GF Value™: €61.48 vs. price of €73.94 (20.3% above fair value)
  • GF Score™: 71/100 with 3 warning signs
  • Industry Position: 522.5% above the Travel & Leisure median

No single metric tells the full story. See the FRA:HAS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hasbro Business Description

Address 1027 Newport Avenue, Pawtucket, RI, USA, 02861
Hasbro is a branded play company providing children and families around the world with entertainment offerings based on a world-class brand portfolio. From toys and games to television programming, motion pictures, and a licensing program, Hasbro reaches customers by leveraging its well-known brands such as Transformers, Peppa Pig, and Magic: The Gathering. The firm acquired EOne in 2019, bolting on popular family properties like Peppa Pig and PJ Masks, and has since divested noncore lines from the tie-up. Furthermore, the addition of Dungeons & Dragons Beyond in 2022 offers the firm access to around 20 million digital tabletop players.
71GF Score

Get the complete analysis for FRA:HAS

ROIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€73.94
Price
€61.48
GF Value