| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 2/6 |
| Past Performance | 6/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
SCPL Overview
SciPlay Corporation develops, markets, and operates a portfolio of social games for mobile and web platforms worldwide.
Rewards
Risk Analysis
No risks detected for SCPL from our risk checks.
SciPlay Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$21.47 |
| 52 Week High | US$11.76 |
| 52 Week Low | US$21.74 |
| Beta | 0.30 |
| 1 Month Change | 13.30% |
| 3 Month Change | 27.12% |
| 1 Year Change | 38.52% |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | 40.79% |
Recent News & Updates
SciPlay: The Story Ends Just As It Was Getting Started
SciPlay looks set to be acquired by parent company Scientific Games in an all-stock deal only two years after its IPO. The implied valuation seems underwhelming relative to peers and comparable transactions. However, considering its voting power and the fact that the deal makes good strategic sense for Scientific Games, I see the deal going through. With markets pricing in a slight premium to the 0.25 exchange ratio, there is an opportunity to capture the spread into the year-end close.
Shareholder Returns
| SCPL | US Entertainment | US Market | |
|---|---|---|---|
| 7D | 5.8% | 0.7% | 1.1% |
| 1Y | 38.5% | 24.4% | 26.8% |
Return vs Industry: SCPL exceeded the US Entertainment industry which returned 24% over the past year.
Return vs Market: SCPL exceeded the US Market which returned 24.8% over the past year.
Price Volatility
| SCPL volatility | |
|---|---|
| SCPL Beta | 0.30 |
| Industry Beta | 1.05 |
| Market Beta | 1 |
Stable Share Price: SCPL is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: SCPL's weekly volatility (6%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1997 | 511 | Josh Wilson | https://www.sciplay.com |
SciPlay Corporation develops, markets, and operates a portfolio of social games for mobile and web platforms worldwide. It offers seven games, which include social casino games, such as Jackpot Party Casino, Gold Fish Casino, Hot Shot Casino, and Quick Hit Slots, as well as casual games comprising MONOPOLY Slots, Bingo Showdown, and 88 Fortunes Slots. The company’s social casino games include slots-style game play, as well as table games-style game play; and casual games blend slots-style or bingo game play with adventure game features.
SciPlay Fundamentals Summary
| SCPL fundamental statistics | |
|---|---|
| Market Cap | US$2.65b |
| Earnings (TTM) | US$21.10m |
| Revenue (TTM) | US$603.40m |
130.2x
P/E Ratio4.6x
P/S RatioIs SCPL overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| SCPL income statement (TTM) | |
|---|---|
| Revenue | US$603.40m |
| Cost of Revenue | US$189.90m |
| Gross Profit | US$413.50m |
| Expenses | US$392.40m |
| Earnings | US$21.10m |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.16 |
| Gross Margin | 68.53% |
| Net Profit Margin | 3.50% |
| Debt/Equity Ratio | 0% |
How did SCPL perform over the long term?
See historical performance and comparisonValuation
Is SciPlay undervalued compared to its fair value and its price relative to the market?
12.8%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: SCPL ($21.47) is trading below our estimate of fair value ($24.63)
Significantly Below Fair Value: SCPL is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: SCPL is poor value based on its PE Ratio (130.2x) compared to the US Entertainment industry average (31.1x).
PE vs Market: SCPL is poor value based on its PE Ratio (130.2x) compared to the US market (17.9x).
Price to Earnings Growth Ratio
PEG Ratio: SCPL is poor value based on its PEG Ratio (10.9x)
Price to Book Ratio
PB vs Industry: SCPL is overvalued based on its PB Ratio (30.6x) compared to the US Entertainment industry average (4.1x).
Future Growth
How is SciPlay forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?
12.0%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SCPL's forecast earnings growth (12% per year) is above the savings rate (2%).
Earnings vs Market: SCPL's earnings (12% per year) are forecast to grow slower than the US market (15.1% per year).
High Growth Earnings: SCPL's earnings are forecast to grow, but not significantly.
Revenue vs Market: SCPL's revenue (3.9% per year) is forecast to grow slower than the US market (9.9% per year).
High Growth Revenue: SCPL's revenue (3.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SCPL's Return on Equity is forecast to be high in 3 years time (26%)
Past Performance
How has SciPlay performed over the past 5 years?
1.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SCPL has high quality earnings.
Growing Profit Margin: SCPL's current net profit margins (3.5%) are higher than last year (3.4%).
Past Earnings Growth Analysis
Earnings Trend: SCPL's earnings have grown by 1% per year over the past 5 years.
Accelerating Growth: SCPL's earnings growth over the past year (21.3%) exceeds its 5-year average (1% per year).
Earnings vs Industry: SCPL earnings growth over the past year (21.3%) exceeded the Entertainment industry 10.8%.
Return on Equity
High ROE: SCPL's Return on Equity (29%) is considered high.
Financial Health
How is SciPlay's financial position?
Financial Position Analysis
Short Term Liabilities: SCPL's short term assets ($365.6M) exceed its short term liabilities ($53.5M).
Long Term Liabilities: SCPL's short term assets ($365.6M) exceed its long term liabilities ($89.5M).
Debt to Equity History and Analysis
Debt Level: SCPL is debt free.
Reducing Debt: SCPL has not had any debt for past 5 years.
Debt Coverage: SCPL has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: SCPL has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Dividend
What is SciPlay current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate SCPL's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate SCPL'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 SCPL's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if SCPL's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of SCPL's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
1.6yrs
Average management tenure
CEO
Josh Wilson (45 yo)
2.5yrs
Tenure
US$1,635,171
Compensation
Mr. Joshua J. Wilson, also known as Josh, has been the Chief Executive Officer and Director of SciPlay Corporation since April 2019. Mr. Wilson served as an Executive Vice President and Group Chief Executi...
CEO Compensation Analysis
Compensation vs Market: Josh's total compensation ($USD1.64M) is below average for companies of similar size in the US market ($USD5.19M).
Compensation vs Earnings: Josh's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: SCPL's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.
Board Members
Experienced Board: SCPL's board of directors are not considered experienced ( 2.5 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.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
SciPlay Corporation's employee growth, exchange listings and data sources
Key Information
- Name: SciPlay Corporation
- Ticker: SCPL
- Exchange: NasdaqGS
- Founded: 1997
- Industry: Interactive Home Entertainment
- Sector: Media
- Implied Market Cap: US$2.645b
- Market Cap: US$524.815m
- Shares outstanding: 127.99m
- Website: https://www.sciplay.com
Number of Employees
Location
- SciPlay Corporation
- 6601 Bermuda Road
- Las Vegas
- Nevada
- 89119
- United States
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/10/14 22:47 |
| End of Day Share Price | 2021/10/14 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2020/12/31 |
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.