SciPlay Corporation

DB:2XY Stock Report

Market Cap: €2.7b

SciPlay Valuation

Is 2XY undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 2XY when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 2XY (€21.6) is trading below our estimate of fair value (€36.01)

Significantly Below Fair Value: 2XY is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 2XY?

Key metric: As 2XY is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 2XY. This is calculated by dividing 2XY's market cap by their current earnings.
What is 2XY's PE Ratio?
PE Ratio20.9x
EarningsUS$23.40m
Market CapUS$2.86b

Price to Earnings Ratio vs Peers

How does 2XY's PE Ratio compare to its peers?

The above table shows the PE ratio for 2XY vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average24.8x
SAX Ströer SE KGaA
23.5x29.2%€2.7b
RRTL RTL Group
9.3x-2.6%€3.7b
G24 Scout24
35.3x14.8%€6.2b
EVD CTS Eventim KGaA
31.1x13.2%€7.8b
2XY SciPlay
20.9x8.7%€2.9b

Price-To-Earnings vs Peers: 2XY is good value based on its Price-To-Earnings Ratio (20.9x) compared to the peer average (25.4x).

Price to Earnings Ratio vs Industry

How does 2XY's PE Ratio compare vs other companies in the European Entertainment Industry?

3 CompaniesPrice / EarningsEstimated GrowthMarket Cap
2XY 20.9xIndustry Avg. 14.2xNo. of Companies10PE01224364860+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 2XY is good value based on its Price-To-Earnings Ratio (20.9x) compared to the European Entertainment industry average (22.2x).

Price to Earnings Ratio vs Fair Ratio

What is 2XY's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

2XY PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio20.9x
Fair PE Ratio18.9x

Price-To-Earnings vs Fair Ratio: 2XY is expensive based on its Price-To-Earnings Ratio (20.9x) compared to the estimated Fair Price-To-Earnings Ratio (18.9x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst 2XY forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Currentn/a
€21.53
0%
0.09%€21.57€21.52n/a4
Nov ’25n/a
€21.53
0%
0.09%€21.57€21.52n/a4
Oct ’25n/a
€21.53
0%
0.09%€21.57€21.52n/a4
Sep ’25n/a
€21.53
0%
0.09%€21.57€21.52n/a4
Aug ’25n/a
€21.53
0%
0.09%€21.57€21.52n/a4
Jul ’25n/a
€21.53
0%
0.09%€21.57€21.52n/a4
Jun ’25n/a
€21.53
0%
0.09%€21.57€21.52n/a4
May ’25n/a
€21.53
0%
0.09%€21.57€21.52n/a4
Apr ’25n/a
€21.53
0%
0.09%€21.57€21.52n/a4
Mar ’25n/a
€21.53
0%
0.09%€21.57€21.52n/a4
Feb ’25n/a
€21.53
0%
0.09%€21.57€21.52n/a4
Jan ’25n/a
€21.53
0%
0.09%€21.57€21.52n/a4
Dec ’24n/a
€21.53
0%
0.09%€21.57€21.52n/a4
Nov ’24n/a
€21.53
0%
0.09%€21.57€21.52n/a4
Oct ’24€21.40
€21.12
-1.3%
4.3%€21.50€18.69n/a8
Sep ’24€20.80
€20.38
-2.0%
6.9%€21.21€17.52n/a8
Aug ’24€17.80
€18.59
+4.4%
6.8%€20.73€17.13n/a8
Jul ’24€18.10
€18.88
+4.3%
8.5%€21.44€16.78n/a8
Jun ’24€18.10
€18.88
+4.3%
8.5%€21.44€16.78n/a8
May ’24€15.40
€16.56
+7.5%
15.7%€19.94€9.97n/a11
Apr ’24€15.41
€16.93
+9.9%
15.9%€20.49€10.24n/a11
Mar ’24€15.48
€16.12
+4.2%
16.4%€20.75€10.38n/a11
Feb ’24€15.45
€15.67
+1.5%
16.4%€20.28€10.14n/a11
Jan ’24€14.62
€15.67
+7.2%
16.2%€19.31€10.62n/a11
Dec ’23€15.24
€15.67
+2.8%
16.2%€19.31€10.62n/a11
Nov ’23€14.09
€15.64
+11.0%
16.8%€20.61€10.30n/a11

Analyst Forecast: Target price is less than 20% higher than the current share price.

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