Sciplay Corp Current Valuation vs. EBITDA
| SCPLDelisted Stock | USD 19.49 0.02 0.10% |
For Sciplay Corp profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Sciplay Corp to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Sciplay Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Sciplay Corp's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Sciplay Corp over time as well as its relative position and ranking within its peers.
Sciplay |
Sciplay Corp EBITDA vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Sciplay Corp's current stock value. Our valuation model uses many indicators to compare Sciplay Corp value to that of its competitors to determine the firm's financial worth. Sciplay Corp is rated third in current valuation category among its peers. It is rated fourth in ebitda category among its peers totaling about 0.27 of EBITDA per Current Valuation. The ratio of Current Valuation to EBITDA for Sciplay Corp is roughly 3.68 . Comparative valuation analysis is a catch-all technique that is used if you cannot value Sciplay Corp by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Sciplay Current Valuation vs. Competition
Sciplay Corp is rated third in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Communication Services industry is at this time estimated at about 52.25 Billion. Sciplay Corp claims roughly 662.3 Million in current valuation contributing just under 2% to stocks in Communication Services industry.
Sciplay EBITDA vs. Current Valuation
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Sciplay Corp |
| = | 662.3 M |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
Sciplay Corp |
| = | 180.1 M |
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
Sciplay EBITDA Comparison
Sciplay Corp is currently under evaluation in ebitda category among its peers.
Sciplay Corp Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Sciplay Corp, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Sciplay Corp will eventually generate negative long term returns. The profitability progress is the general direction of Sciplay Corp's change in net profit over the period of time. It can combine multiple indicators of Sciplay Corp, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
SciPlay Corporation develops, markets, and operates a portfolio of social games for mobile and web platforms in North America and internationally. SciPlay Corporation is a subsidiary of Scientific Games Corporation. Sciplay Corp operates under Electronic Gaming Multimedia classification in the United States and is traded on NASDAQ Exchange. It employs 556 people.
Sciplay Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Sciplay Corp. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Sciplay Corp position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Sciplay Corp's important profitability drivers and their relationship over time.
Use Sciplay Corp in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Sciplay Corp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Sciplay Corp will appreciate offsetting losses from the drop in the long position's value.Sciplay Corp Pair Trading
Sciplay Corp Pair Trading Analysis
The ability to find closely correlated positions to Sciplay Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sciplay Corp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Sciplay Corp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Sciplay Corp to buy it.
The correlation of Sciplay Corp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Sciplay Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sciplay Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Sciplay Corp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Sciplay Corp position
In addition to having Sciplay Corp in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Office Supplies Thematic Idea Now
Office Supplies
Companies producing and selling office supplies, and accessories. The Office Supplies theme has 43 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Office Supplies Theme or any other thematic opportunities.
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Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Other Consideration for investing in Sciplay Stock
If you are still planning to invest in Sciplay Corp check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Sciplay Corp's history and understand the potential risks before investing.
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