HASNEUTRAL

HAS EV/EBITDA Analysis

12.1x

Updated 225h ago·SEC filings & market data

Key Takeaway

The EV/EBITDA ratio of 12.1x means that, for every $1 of pre-tax operating earnings (before interest, taxes, depreciation, and amortization), the company’s total enterprise value—market cap plus debt minus cash—is $12.10.

Sector Performance

41th percentile

HAS

12.1x

Sector Median

13.6x

Sector Avg

-30.9x

Prior Period

12.1x(Aug 2026)

→ Stable
📊

Deep Analysis

The EV/EBITDA ratio of 12.1x means that, for every $1 of pre-tax operating earnings (before interest, taxes, depreciation, and amortization), the company’s total enterprise value—market cap plus debt minus cash—is $12.10.

This sits below the sector median of 13.9x, placing HAS in the 41st percentile among peers, so it trades at a slightly lower valuation than most comparable firms. The metric is rising: it increased by 9.4% quarter over quarter, while the year-over-year change is not available; the recent sequence of 12.1x, 11.1x, and 11.4x confirms the upward trend. With a level below the sector median but moving higher, the valuation gap is narrowing, which can signal reduced discount versus peers and a moderate re-rating. From an investment standpoint, the combination of a still-below-median multiple and an upward trend implies limited downside protection from valuation alone, yet it does not point to an extreme overvaluation. This supports the overall NEUTRAL verdict, as the metric shows neither a compelling bargain nor a clear reason to avoid the stock.

Frequently Asked Questions

What does the EV/EBITDA tell investors about HAS?

A valuation multiple preferred by analysts for capital-intensive or leveraged businesses. Useful for cross-sector comparisons where earnings can be distorted by debt.

How is the EV/EBITDA calculated?

EV/EBITDA is calculated as: Enterprise Value / EBITDA.

Who are HAS's closest peers by EV/EBITDA?

The closest peers by EV/EBITDA include: SMTC (76.6x), SHOP (80.2x), OKTA (83.5x), TEAM (101.4x), STEM (102.7x).

The Formula

Enterprise Value / EBITDA

Why It Matters

A valuation multiple preferred by analysts for capital-intensive or leveraged businesses. Useful for cross-sector comparisons where earnings can be distorted by debt.

Advertisement

Master HAS's Valuation

Get the complete institutional research report covering all fundamental and technical metrics.

View full HAS research report

Free account — no credit card

HAS

12.1x

Sector Median

13.6x

Sector Avg

-30.9x

How HAS's EV/EBITDA compares to sector peers.

Not financial advice. Research tool only. Data may be delayed.