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SciPlay (SciPlay) ROE % : 19.40% (As of Jun. 2023)


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What is SciPlay ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. SciPlay's annualized net income for the quarter that ended in Jun. 2023 was $22.4 Mil. SciPlay's average Total Stockholders Equity over the quarter that ended in Jun. 2023 was $115.5 Mil. Therefore, SciPlay's annualized ROE % for the quarter that ended in Jun. 2023 was 19.40%.

The historical rank and industry rank for SciPlay's ROE % or its related term are showing as below:

SCPL' s ROE % Range Over the Past 10 Years
Min: 14.17   Med: 23.74   Max: 33.63
Current: 21.19

During the past 6 years, SciPlay's highest ROE % was 33.63%. The lowest was 14.17%. And the median was 23.74%.

SCPL's ROE % is not ranked
in the Interactive Media industry.
Industry Median: -0.14 vs SCPL: 21.19

SciPlay ROE % Historical Data

The historical data trend for SciPlay's ROE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

SciPlay ROE % Chart

SciPlay Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
ROE %
Get a 7-Day Free Trial 25.86 33.63 31.17 21.61 21.56

SciPlay Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 21.86 18.11 27.82 19.65 19.40

Competitive Comparison of SciPlay's ROE %

For the Electronic Gaming & Multimedia subindustry, SciPlay's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


SciPlay's ROE % Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, SciPlay's ROE % distribution charts can be found below:

* The bar in red indicates where SciPlay's ROE % falls into.



SciPlay ROE % Calculation

SciPlay's annualized ROE % for the fiscal year that ended in Dec. 2022 is calculated as

ROE %=Net Income (A: Dec. 2022 )/( (Total Stockholders Equity (A: Dec. 2021 )+Total Stockholders Equity (A: Dec. 2022 ))/ count )
=22.4/( (98.6+109.2)/ 2 )
=22.4/103.9
=21.56 %

SciPlay's annualized ROE % for the quarter that ended in Jun. 2023 is calculated as

ROE %=Net Income (Q: Jun. 2023 )/( (Total Stockholders Equity (Q: Mar. 2023 )+Total Stockholders Equity (Q: Jun. 2023 ))/ count )
=22.4/( (114.7+116.2)/ 2 )
=22.4/115.45
=19.40 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Jun. 2023) net income data. ROE % is displayed in the 30-year financial page.


SciPlay  (NAS:SCPL) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Jun. 2023 )
=Net Income/Total Stockholders Equity
=22.4/115.45
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(22.4 / 759.6)*(759.6 / 820.3)*(820.3 / 115.45)
=Net Margin %*Asset Turnover*Equity Multiplier
=2.95 %*0.926*7.1052
=ROA %*Equity Multiplier
=2.73 %*7.1052
=19.40 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Jun. 2023 )
=Net Income/Total Stockholders Equity
=22.4/115.45
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (22.4 / 172) * (172 / 164) * (164 / 759.6) * (759.6 / 820.3) * (820.3 / 115.45)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.1302 * 1.0488 * 21.59 % * 0.926 * 7.1052
=19.40 %

Note: The net income data used here is four times the quarterly (Jun. 2023) net income data. The Revenue data used here is four times the quarterly (Jun. 2023) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


SciPlay ROE % Related Terms

Thank you for viewing the detailed overview of SciPlay's ROE % provided by GuruFocus.com. Please click on the following links to see related term pages.


SciPlay (SciPlay) Business Description

Traded in Other Exchanges
N/A
Address
6601 Bermuda Road, Las Vegas, NV, USA, 89119
SciPlay Corp develops, markets, and operates a portfolio of social games played on various mobile and web platforms, including Jackpot Party Casino, Quick Hit Slots, Gold Fish Casino, Hot Shot Casino, Bingo Showdown, MONOPOLY Slots, and 88 Fortunes Slots and a solitaire social game targeted toward casual game players, among others. Its games are available in various formats. The company operates in one segment with one business activity, developing and monetizing social games.
Executives
Gerald D. Cohen director C/O SCIPLAY CORP, 6601 BERMUDA ROAD, LAS VEGAS NV 89119
Daniel Oquinn officer: Interim CFO C/O SCIPLAY CORPORATION, 6601 BERMUDA ROAD, LAS VEGAS NV 89119
Plc Barclays 10 percent owner 1 CHURCHILL PLACE, CANARY WHARF, LONDON X0 E14 5HP
James Bombassei officer: EVP, CFO and Secretary C/O SCIPLAY CORPORATION, 6601 BERMUDA ROAD, LAS VEGAS NV 89119
Antonia Korsanos director C/O LIGHT & WONDER, INC., 6601 BERMUDA ROAD, LAS VEGAS NV 89119
April Henry director C/O SCIENCE STRATEGIC ACQUISITION CORP., 1447 2ND STREET, SANTA MONICA CA 90401
Charles J. Prober director C/O SCIPLAY CORPORATION, 6601 BERMUDA ROAD, LAS VEGAS NV 89119
James Constance P. director C/O LIGHT & WONDER, INC., 6601 BERMUDA ROAD, LAS VEGAS NV 89119
Nicholas Earl director C/O SCIPLAY CORPORATION, 6601 BERMUDA ROAD, LAS VEGAS NV 89119
Michael Marchetti director C/O SCIPLAY CORPORATION, 6601 BERMUDA ROAD, LAS VEGAS NV 89119
Thompson William C Jr director 6650 EL CAMINO ROAD, LAS VEGAS NV 89118
Michael Winterscheidt officer: Chief Accounting Officer & Sec C/O SCIENTIFIC GAMES CORPORATION, 6601 BERMUDA ROAD, LAS VEGAS NV 89119
Barry L Cottle director, officer: Executive Chairman C/O SCIENTIFIC GAMES CORPORATION, 6601 BERMUDA ROAD, LAS VEGAS NV 89119
M. Mendel Pinson director C/O SCIPLAY CORP, 6601 BERMUDA ROAD, LAS VEGAS NV 89119
Frances F Townsend director C/O BAKER BOTTS LLP, THE WARNER, 1299 PENNSYLVANIA AVE., NW, WASHINGTON DC 20004-2400

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