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MYPS

PLAYSTUDIOS NasdaqGM:MYPS Stock Report

Last Price

US$5.42

Market Cap

US$685.5m

7D

-10.0%

1Y

-33.1%

Updated

24 Jun, 2022

Data

Company Financials +
MYPS fundamental analysis
Snowflake Score
Valuation2/6
Future Growth1/6
Past Performance0/6
Financial Health6/6
Dividends0/6

MYPS Stock Overview

PLAYSTUDIOS, Inc. develops and publishes free-to-play casual games for mobile and social platforms in the United States, North America, and internationally.

Rewards

Trading at 60.7% below our estimate of its fair value

Revenue is forecast to grow 9.73% per year

Risk Analysis

No risks detected for MYPS from our risk checks.

PLAYSTUDIOS Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for PLAYSTUDIOS
Historical stock prices
Current Share PriceUS$5.42
52 Week HighUS$8.23
52 Week LowUS$3.60
Beta0
1 Month Change-9.97%
3 Month Change24.03%
1 Year Change-33.09%
3 Year Changen/a
5 Year Changen/a
Change since IPO-47.12%

Recent News & Updates

Shareholder Returns

MYPSUS EntertainmentUS Market
7D-10.0%6.0%6.6%
1Y-33.1%-50.8%-18.5%

Return vs Industry: MYPS exceeded the US Entertainment industry which returned -52.1% over the past year.

Return vs Market: MYPS underperformed the US Market which returned -20.5% over the past year.

Price Volatility

Is MYPS's price volatile compared to industry and market?
MYPS volatility
MYPS Average Weekly Movement11.4%
Entertainment Industry Average Movement11.5%
Market Average Movement8.0%
10% most volatile stocks in US Market16.6%
10% least volatile stocks in US Market3.1%

Stable Share Price: MYPS is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 11% a week.

Volatility Over Time: MYPS's weekly volatility (11%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/a504Andrew Pascalhttps://playstudios.com

PLAYSTUDIOS, Inc. develops and publishes free-to-play casual games for mobile and social platforms in the United States, North America, and internationally. The company is headquartered in Las Vegas, Nevada.

PLAYSTUDIOS Fundamentals Summary

How do PLAYSTUDIOS's earnings and revenue compare to its market cap?
MYPS fundamental statistics
Market CapUS$685.47m
Earnings (TTM)-US$20.39m
Revenue (TTM)US$283.77m

2.4x

P/S Ratio

-33.6x

P/E Ratio

Is MYPS overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
MYPS income statement (TTM)
RevenueUS$283.77m
Cost of RevenueUS$88.19m
Gross ProfitUS$195.59m
Other ExpensesUS$215.98m
Earnings-US$20.39m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-0.16
Gross Margin68.92%
Net Profit Margin-7.19%
Debt/Equity Ratio0.0%

How did MYPS perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

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

Valuation Score

2/6

Valuation Score 2/6

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

MYPS key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue1.6x
Enterprise Value/EBITDA-61.7x
PEG Ration/a

Price to Sales Ratio vs Peers

How does MYPS's PS Ratio compare to its peers?

MYPS PS Ratio vs Peers
The above table shows the PS ratio for MYPS vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPSEstimated GrowthMarket Cap
Peer Average1x

Price-To-Sales vs Peers: MYPS is expensive based on its Price-To-Sales Ratio (2.4x) compared to the peer average (1x).

Price to Earnings Ratio vs Industry

How does MYPS's PE Ratio compare vs other companies in the U.S. Entertainment Industry?

Price-To-Sales vs Industry: MYPS is expensive based on its Price-To-Sales Ratio (2.4x) compared to the US Entertainment industry average (1.7x)

Price to Sales Ratio vs Fair Ratio

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

MYPS PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio2.4x
Fair PS Ratio1.9x

Price-To-Sales vs Fair Ratio: MYPS is expensive based on its Price-To-Sales Ratio (2.4x) compared to the estimated Fair Price-To-Sales Ratio (1.9x).

Share Price vs Fair Value

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

Below Fair Value: MYPS ($5.42) is trading below our estimate of fair value ($13.78)

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

Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate MYPS's PEG Ratio to determine if it is good value.

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Future Growth

How is PLAYSTUDIOS forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?

Future Growth Score

1/6

Future Growth Score 1/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE

105.9%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings vs Savings Rate: MYPS is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: MYPS is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: MYPS is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: MYPS's revenue (9.7% per year) is forecast to grow faster than the US market (8.3% per year).

High Growth Revenue: MYPS's revenue (9.7% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: MYPS's Return on Equity is forecast to be low in 3 years time (4.2%).

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Past Performance

How has PLAYSTUDIOS performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE

-44.4%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: MYPS is currently unprofitable.

Growing Profit Margin: MYPS is currently unprofitable.

Past Earnings Growth Analysis

Earnings Trend: MYPS is unprofitable, and losses have increased over the past 5 years at a rate of 44.4% per year.

Accelerating Growth: Unable to compare MYPS's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: MYPS is unprofitable, making it difficult to compare its past year earnings growth to the Entertainment industry (3.7%).

Return on Equity

High ROE: MYPS has a negative Return on Equity (-7.12%), as it is currently unprofitable.

Discover strong past performing companies

Financial Health

How is PLAYSTUDIOS's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: MYPS's short term assets ($247.4M) exceed its short term liabilities ($34.8M).

Long Term Liabilities: MYPS's short term assets ($247.4M) exceed its long term liabilities ($7.5M).

Debt to Equity History and Analysis

Debt Level: MYPS is debt free.

Reducing Debt: MYPS had no debt 5 years ago.

Debt Coverage: MYPS has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: MYPS has no debt, therefore coverage of interest payments is not a concern.

Balance Sheet

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Dividend

What is PLAYSTUDIOS current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate MYPS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate MYPS's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.

Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if MYPS's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if MYPS's dividend payments have been increasing.

Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.

Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as MYPS has not reported any payouts.

Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

11.4yrs

Average management tenure

CEO

Andrew Pascal (55 yo)

11.42yrs

Tenure

US$2,000,000

Compensation

Mr. Andrew S. Pascal serves as Advisor at Acies Acquisition Corp. since October 22, 2020. He co-founded Acies Acquisition Corp. in August 2020. He is a Co-Founder, Chairman and Chief Executive Officer of P...

CEO Compensation Analysis

Compensation vs Market: Andrew's total compensation ($USD2.00M) is below average for companies of similar size in the US market ($USD4.08M).

Compensation vs Earnings: Andrew's compensation has increased whilst the company is unprofitable.

Leadership Team

Experienced Management: MYPS's management team is seasoned and experienced (11.4 years average tenure).

Board Members

Experienced Board: MYPS's board of directors are not considered experienced ( 1 years average tenure), which suggests a new board.

Ownership

Who are the major shareholders and have insiders been buying or selling?

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Company Information

PLAYSTUDIOS, Inc.'s employee growth, exchange listings and data sources

Key Information

  • Name: PLAYSTUDIOS, Inc.
  • Ticker: MYPS
  • Exchange: NasdaqGM
  • Founded: NaN
  • Industry: Interactive Home Entertainment
  • Sector: Media
  • Implied Market Cap: US$685.465m
  • Shares outstanding: 126.47m
  • Website: https://playstudios.com

Number of Employees

Location

  • PLAYSTUDIOS, Inc.
  • 10150 Covington Cross Drive
  • Las Vegas
  • Nevada
  • 89144
  • United States

Listings

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/24 00:00
End of Day Share Price2022/06/24 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.