Playstudios Inc

Company Profile

Playstudios Inc had its IPO on 2020-12-21 under the ticker symbol MYPS.

The company operates in the Communication Services sector and Electronic Gaming & Multimedia industry. Playstudios Inc has a staff strength of 752 employees.

Stock update

Shares of Playstudios Inc opened at $3.4 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $3.38 - $3.45, and closed at $3.39.

This is a -0.59% slip from the previous day's closing price.

A total volume of 104,975 shares were traded at the close of the day’s session.

In the last one week, shares of Playstudios Inc have slipped by -6.87%.

Playstudios Inc's Key Ratios

Playstudios Inc has a market cap of $483.91 million, indicating a price to book ratio of 1.7118 and a price to sales ratio of 1.7174.

In the last 12-months Playstudios Inc’s revenue was $309.42 million with a gross profit of $204.91 million and an EBITDA of $15.32 million. The EBITDA ratio measures Playstudios Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Playstudios Inc’s operating margin was -0.97% while its return on assets stood at -0.56% with a return of equity of -0.48%.

In Q2, Playstudios Inc’s quarterly earnings growth was a negative -69.5% while revenue growth was a positive 13.8%.

Playstudios Inc’s PE and PEG Ratio

Forward PE

588.2353

Trailing PE

0

PEG

19.2333

Its diluted EPS in the last 12-months stands at $-0.01 per share while it has a forward price to earnings multiple of 588.2353 and a PEG multiple of 19.2333. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Playstudios Inc’s profitability.

Playstudios Inc stock is trading at a EV to sales ratio of 1.087 and a EV to EBITDA ratio of 8.9277. Its price to sales ratio in the trailing 12-months stood at 1.7174.

Playstudios Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$345.47 million

Total Liabilities

$38.15 million

Operating Cash Flow

$-6570000.00

Capital Expenditure

$6.47 million

Dividend Payout Ratio

0%

Playstudios Inc ended 2023 with $345.47 million in total assets and $0 in total liabilities. Its intangible assets were valued at $345.47 million while shareholder equity stood at $295.25 million.

Playstudios Inc ended 2023 with $0 in deferred long-term liabilities, $38.15 million in other current liabilities, 13000.00 in common stock, $13.43 million in retained earnings and $47.13 million in goodwill. Its cash balance stood at $127.67 million and cash and short-term investments were $127.67 million. The company’s total short-term debt was $4,538,000 while long-term debt stood at $0.

Playstudios Inc’s total current assets stands at $169.52 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $29.62 million compared to accounts payable of $2.71 million and inventory worth $0.

In 2023, Playstudios Inc's operating cash flow was $-6570000.00 while its capital expenditure stood at $6.47 million.

Comparatively, Playstudios Inc paid $0 in dividends in 2023.

Other key metrics

Current Trading Price

$3.39

52-Week High

$5.005

52-Week Low

$3.245

Analyst Target Price

$5.88

Playstudios Inc stock is currently trading at $3.39 per share. It touched a 52-week high of $5.005 and a 52-week low of $5.005. Analysts tracking the stock have a 12-month average target price of $5.88.

Its 50-day moving average was $4.15 and 200-day moving average was $4.16 The short ratio stood at 5.34 indicating a short percent outstanding of 0%.

Around 2781.9% of the company’s stock are held by insiders while 2582.1% are held by institutions.