Amer Sports Inc (AS) is slightly overvalued and Hasbro Inc (HAS) is slightly undervalued.
Against our estimates of intrinsic value, HAS trades at the wider discount: a margin of safety of +6%, against -15% for AS.
Values as of the 22 Sept 2026 close.
Discounting its cash flows at 12.9% (average of 3 methods) values the shares at $24.00; the price of $27.65 is 15% above that value, and 66% of that value comes from beyond year five.
Leak Score 27/100 on 3 of 12 signals
Discounting its cash flows at 7.4% (average of 3 methods) values the shares at $92.06; the price of $86.91 is 6% below that value, and 81% of that value comes from beyond year five.
Leak Score 59/100 on 3 of 12 signals
| Metric | AS | HAS |
|---|---|---|
| Verdict | Slightly overvalued | Slightly undervalued |
| Price | $27.65 | $86.91 |
| Intrinsic value | $24.00 | $92.06 |
| Margin of safety | -15% | +6% |
| Leak Score | 27/100 (3/12) | 59/100 (3/12) |
| Market cap | $16.1B | $12.3B |
| Revenue growth, 5 years | 21.8% | -3.0% |
| Operating margin | 12.9% | 28.1% |
| Net margin | 7.3% | 16.0% |
| Return on equity | 8.8% | 167.8% |
| Debt to equity | 0.16 | 5.50 |
| P/E | 28.9x | 15.6x |
| Forward P/E | 16.9x | 13.4x |
| P/B | 2.3x | 17.4x |
| Dividend yield | — | 3.2% |