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PLTK

Playtika Holding NasdaqGS:PLTK Stock Report

Last Price

US$12.17

Market Cap

US$5.0b

7D

6.2%

1Y

-49.3%

Updated

16 Aug, 2022

Data

Company Financials +
PLTK fundamental analysis
Snowflake Score
Valuation5/6
Future Growth3/6
Past Performance2/6
Financial Health2/6
Dividends0/6

PLTK Stock Overview

Playtika Holding Corp. develops mobile games in the United States, Europe, the Middle East, Africa, the Asia Pacific, and internationally.

Playtika Holding Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Playtika Holding
Historical stock prices
Current Share PriceUS$12.17
52 Week HighUS$30.00
52 Week LowUS$11.35
Beta0
1 Month Change0.66%
3 Month Change-11.23%
1 Year Change-49.31%
3 Year Changen/a
5 Year Changen/a
Change since IPO-61.51%

Recent News & Updates

Aug 04

Playtika GAAP EPS of $0.09 misses by $0.10, revenue of $659.6M misses by $19.06M

Playtika press release (NASDAQ:PLTK): Q2 GAAP EPS of $0.09 misses by $0.10. Revenue of $659.6M (+0.1% Y/Y) misses by $19.06M. Casual portfolio grew revenue 10.0% year-over-year, comprising 53.3% of total revenue Average Daily Payer Conversion increased to 3.2%, up from 2.9% in Q2'21 Average DPUs increased 3.5% year-over-year Direct-to-Consumer channel grew 14.2% year-over-year and is now 23.3% of total revenue Junes Journey grew revenue 34.2% year-over-year For the full year 2022 the company anticipates revenue within a range of $2.60 - 2.66 billion from a prior outlook of $2.73 billion vs consensus of $2.73B and Adjusted EBITDA within a range of $900 - $940 million.

Shareholder Returns

PLTKUS EntertainmentUS Market
7D6.2%7.0%4.5%
1Y-49.3%-39.0%-8.9%

Return vs Industry: PLTK underperformed the US Entertainment industry which returned -38.7% over the past year.

Return vs Market: PLTK underperformed the US Market which returned -9.6% over the past year.

Price Volatility

Is PLTK's price volatile compared to industry and market?
PLTK volatility
PLTK Average Weekly Movement8.1%
Entertainment Industry Average Movement10.2%
Market Average Movement7.6%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.1%

Stable Share Price: PLTK is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: PLTK's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20104,000Robert Antokolhttps://www.playtika.com

Playtika Holding Corp. develops mobile games in the United States, Europe, the Middle East, Africa, the Asia Pacific, and internationally. The company owns a portfolio of casual and casino-themed games. It distributes its games to the end customer through various web and mobile platforms, such as Apple, Facebook, Google, and other web and mobile platforms and its own proprietary platforms.

Playtika Holding Fundamentals Summary

How do Playtika Holding's earnings and revenue compare to its market cap?
PLTK fundamental statistics
Market CapUS$5.02b
Earnings (TTM)US$302.40m
Revenue (TTM)US$2.62b

16.6x

P/E Ratio

1.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
PLTK income statement (TTM)
RevenueUS$2.62b
Cost of RevenueUS$735.10m
Gross ProfitUS$1.89b
Other ExpensesUS$1.58b
EarningsUS$302.40m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.73
Gross Margin71.96%
Net Profit Margin11.54%
Debt/Equity Ratio-1,319.8%

How did PLTK perform over the long term?

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

Valuation

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

Valuation Score

5/6

Valuation Score 5/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

PLTK 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/Revenue2.4x
Enterprise Value/EBITDA10.3x
PEG Ratio1.1x

Price to Earnings Ratio vs Peers

How does PLTK's PE Ratio compare to its peers?

PLTK PE Ratio vs Peers
The above table shows the PE ratio for PLTK vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average52.5x
SCPL SciPlay
17.5x16.1%US$1.7b
TTWO Take-Two Interactive Software
136x54.8%US$22.0b
HUYA HUYA
14.5x34.7%US$842.1m
EA Electronic Arts
41.9x17.4%US$37.6b
PLTK Playtika Holding
16.6x15.7%US$5.0b

Price-To-Earnings vs Peers: PLTK is good value based on its Price-To-Earnings Ratio (16.6x) compared to the peer average (52.5x).


Price to Earnings Ratio vs Industry

How does PLTK's PE Ratio compare vs other companies in the US Entertainment Industry?

Price-To-Earnings vs Industry: PLTK is good value based on its Price-To-Earnings Ratio (16.6x) compared to the US Entertainment industry average (22.4x)


Price to Earnings Ratio vs Fair Ratio

What is PLTK'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.

PLTK PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio16.6x
Fair PE Ratio24.1x

Price-To-Earnings vs Fair Ratio: PLTK is good value based on its Price-To-Earnings Ratio (16.6x) compared to the estimated Fair Price-To-Earnings Ratio (24.1x).


Share Price vs Fair Value

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

Below Fair Value: PLTK ($12.17) is trading below our estimate of fair value ($24.8)

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


Analyst Price Targets

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

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.


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Future Growth

How is Playtika Holding forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?

Future Growth Score

3/6

Future Growth Score 3/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


15.7%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: PLTK's forecast earnings growth (15.7% per year) is above the savings rate (1.9%).

Earnings vs Market: PLTK's earnings (15.7% per year) are forecast to grow faster than the US market (14.5% per year).

High Growth Earnings: PLTK's earnings are forecast to grow, but not significantly.

Revenue vs Market: PLTK's revenue (5.1% per year) is forecast to grow slower than the US market (7.9% per year).

High Growth Revenue: PLTK's revenue (5.1% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: PLTK's Return on Equity is forecast to be very high in 3 years time (109.3%).


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Past Performance

How has Playtika Holding performed over the past 5 years?

Past Performance Score

2/6

Past Performance Score 2/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


4.2%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: PLTK has high quality earnings.

Growing Profit Margin: PLTK's current net profit margins (11.5%) are lower than last year (12.9%).


Past Earnings Growth Analysis

Earnings Trend: PLTK's earnings have grown by 4.2% per year over the past 5 years.

Accelerating Growth: PLTK's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: PLTK had negative earnings growth (-6%) over the past year, making it difficult to compare to the Entertainment industry average (-13.3%).


Return on Equity

High ROE: PLTK's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


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Financial Health

How is Playtika Holding's financial position?

Financial Health Score

2/6

Financial Health Score 2/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: PLTK has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: PLTK has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: PLTK has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: PLTK's has negative shareholder equity, so we do not need to check if its debt has reduced over time.

Debt Coverage: PLTK's debt is well covered by operating cash flow (24.8%).

Interest Coverage: PLTK's interest payments on its debt are well covered by EBIT (5x coverage).


Balance Sheet


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Dividend

What is Playtika Holding 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

  • Cash Flow Coverage

Dividend Yield vs Market

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

High Dividend: Unable to evaluate PLTK'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 PLTK's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if PLTK'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 PLTK has not reported any payouts.


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Management

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

2.0yrs

Average management tenure


CEO

Robert Antokol (54 yo)

2.83yrs

Tenure

US$63,123,469

Compensation

Mr. Robert Antokol is the Co-Founder of Playtika Holding Corp. He serves as Chief Executive Officer of Playtika Holding Corp. since October 2019 and is its Chairperson of board of Directors since June 2020...


CEO Compensation Analysis

Compensation vs Market: Robert's total compensation ($USD63.12M) is above average for companies of similar size in the US market ($USD8.11M).

Compensation vs Earnings: Robert's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: PLTK's management team is considered experienced (2 years average tenure).


Board Members

Experienced Board: PLTK's board of directors are not considered experienced ( 2.2 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

Playtika Holding Corp.'s employee growth, exchange listings and data sources


Key Information

  • Name: Playtika Holding Corp.
  • Ticker: PLTK
  • Exchange: NasdaqGS
  • Founded: 2010
  • Industry: Interactive Home Entertainment
  • Sector: Media
  • Implied Market Cap: US$5.022b
  • Shares outstanding: 412.64m
  • Website: https://www.playtika.com

Number of Employees


Location

  • Playtika Holding Corp.
  • HaChoshlim Street 8
  • Herzliya Pituach
  • Israel

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/08/16 00:00
End of Day Share Price2022/08/16 00:00
Earnings2022/06/30
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.