Sciplay Corp
NASDAQ:SCPL
Intrinsic Value
SciPlay Corp. engages in the development and publishing of digital games on mobile and web platforms. [ Read More ]
The intrinsic value of one SCPL stock under the Base Case scenario is 72.66 USD. Compared to the current market price of 22.94 USD, Sciplay Corp is Undervalued by 68%.
Valuation Backtest
Sciplay Corp
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Fundamental Analysis
SciPlay Q2 2023 Earnings Outshine Market
2023-Q2 Earnings Call
SciPlay demonstrated impressive growth and strong operational execution in Q2 2023, continuing its streak as the top performer in the social casino market for six quarters. Revenue surged to $190 million, marking a 19% year-over-year increase, while net income soared by 28% to $41 million. Key player metrics hit record highs, with average monthly revenue per paying user reaching $102.04 and payer conversion rates peaking at 10.5%. The company's strategic adjustments in marketing spend aimed to optimize quarter-on-quarter profits and anticipate higher returns in the second half of the year. Despite a reallocation of marketing funds resulting in expected lower profits in Q3, the long-term investments in new games and expansions, like the integration of Alictus and collaboration with Light & Wonder, promise sustained growth. SciPlay's strong financial position, with $395 million in cash, supports continuous investment in innovative technologies and outstanding entertainment experiences.
Balance Sheet Decomposition
Sciplay Corp
Current Assets | 464.2m |
Cash & Short-Term Investments | 394.9m |
Receivables | 63.8m |
Other Current Assets | 5.5m |
Non-Current Assets | 369.9m |
PP&E | 8m |
Intangibles | 287.7m |
Other Non-Current Assets | 74.2m |
Current Liabilities | 63.4m |
Accounts Payable | 19.2m |
Accrued Liabilities | 39m |
Other Current Liabilities | 5.2m |
Non-Current Liabilities | 654.5m |
Other Non-Current Liabilities | 654.5m |
Earnings Waterfall
Sciplay Corp
Revenue
|
729.2m
USD
|
Cost of Revenue
|
-223.8m
USD
|
Gross Profit
|
505.4m
USD
|
Operating Expenses
|
-340.7m
USD
|
Operating Income
|
164.7m
USD
|
Other Expenses
|
-141.3m
USD
|
Net Income
|
23.4m
USD
|
Free Cash Flow Analysis
Sciplay Corp
What is Free Cash Flow?
SCPL Profitability Score
Profitability Due Diligence
Sciplay Corp's profitability score is 69/100. The higher the profitability score, the more profitable the company is.
Score
Sciplay Corp's profitability score is 69/100. The higher the profitability score, the more profitable the company is.
SCPL Solvency Score
Solvency Due Diligence
Sciplay Corp's solvency score is 62/100. The higher the solvency score, the more solvent the company is.
Score
Sciplay Corp's solvency score is 62/100. The higher the solvency score, the more solvent the company is.
Wall St
Price Targets
SCPL Price Targets Summary
Sciplay Corp
According to Wall Street analysts, the average 1-year price target for SCPL is 21.21 USD .
Ownership
SCPL Insider Trading
Buy and sell transactions by insiders
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Shareholder Return
SCPL Price
Sciplay Corp
Average Annual Return | -3.45% |
Standard Deviation of Annual Returns | 18.44% |
Max Drawdown | -60% |
Market Capitalization | 495.5m USD |
Shares Outstanding | 21 599 500 |
Percentage of Shares Shorted | 2.49% |
Company Profile
Country
Industry
Market Cap
Dividend Yield
Description
SciPlay Corp. engages in the development and publishing of digital games on mobile and web platforms. The company is headquartered in Las Vegas, Nevada and currently employs 632 full-time employees. The company went IPO on 2019-05-03. The firm operates in the social gaming market, which is characterized by gameplay online, on mobile phones or on tablets. The company offers seven games, including social casino games Jackpot Party Casino, Gold Fish Casino, Hot Shot Casino and Quick Hit Slots, and casual games MONOPOLY Slots, Bingo Showdown and 88 Fortunes Slots. The company also offers a solitaire social game targeted towards casual game players through Come2Play, Ltd (Come2Play). Its social casino games include slots-style game play and occasionally include table games-style game play, while its casual games blend slots-style or bingo game play with adventure game features. Its games are offered and played across multiple platforms, including Apple, Google, Facebook, Amazon, and Microsoft. The company has access to a library of more than 1,500 casino titles provided by Scientific Games Corporation and its subsidiaries.
Contact
IPO
Employees
Officers
The intrinsic value of one SCPL stock under the Base Case scenario is 72.66 USD.
Compared to the current market price of 22.94 USD, Sciplay Corp is Undervalued by 68%.