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SCPL

SciPlayNasdaqGS:SCPL Stock Report

Market Cap

US$2.6b

7D

5.8%

1Y

38.5%

Updated

14 Oct, 2021

Data

Company Financials +
SCPL fundamental analysis
Snowflake Score
Valuation1/6
Future Growth2/6
Past Performance6/6
Financial Health6/6
Dividends0/6

SCPL Overview

SciPlay Corporation develops, markets, and operates a portfolio of social games for mobile and web platforms worldwide.

SciPlay Competitors

Price History & Performance

Summary of all time highs, changes and price drops for SciPlay
Historical stock prices
Current Share PriceUS$21.47
52 Week HighUS$11.76
52 Week LowUS$21.74
Beta0.30
1 Month Change13.30%
3 Month Change27.12%
1 Year Change38.52%
3 Year Changen/a
5 Year Changen/a
Change since IPO40.79%

Recent News & Updates

Aug 08

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

SCPLUS EntertainmentUS Market
7D5.8%0.7%1.1%
1Y38.5%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

Is SCPL's price volatile compared to industry and market?
SCPL volatility
SCPL Beta0.30
Industry Beta1.05
Market Beta1

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

FoundedEmployeesCEOWebsite
1997511Josh Wilsonhttps://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

How do SciPlay's earnings and revenue compare to its market cap?
SCPL fundamental statistics
Market CapUS$2.65b
Earnings (TTM)US$21.10m
Revenue (TTM)US$603.40m

130.2x

P/E Ratio

4.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
SCPL income statement (TTM)
RevenueUS$603.40m
Cost of RevenueUS$189.90m
Gross ProfitUS$413.50m
ExpensesUS$392.40m
EarningsUS$21.10m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.16
Gross Margin68.53%
Net Profit Margin3.50%
Debt/Equity Ratio0%

How did SCPL perform over the long term?

See historical performance and comparison

Valuation

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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/14 22:47
End of Day Share Price2021/10/14 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.