Playtika Holding Intrinsic Value – Pacer Advisors Boosts Stake in Playtika Holding Corp Amidst Growing Investor Confidence
September 26, 2024
☀️Trending News
Pacer Advisors Inc., a registered investment advisor based in Pennsylvania, has recently made headlines by increasing its stake in Playtika Holding ($NASDAQ:PLTK) Corp. Playtika Holding Corp, a leading mobile gaming company, has seen a surge in investor confidence, leading Pacer Advisors Inc. to acquire more shares in the company. Playtika Holding Corp is a global leader in mobile gaming, offering a diverse portfolio of popular games such as Slotomania, House of Fun, and Bingo Blitz. The investment firm has acquired more shares through open market purchases, increasing its overall ownership in the company. This move by Pacer Advisors Inc. aligns with the overall trend of increasing investor interest in the gaming industry. With the rise of mobile gaming and the increasing popularity of online entertainment, many investors are turning to companies like Playtika Holding Corp as a potential investment opportunity. This growth has been attributed to the company’s ability to adapt and innovate within the highly competitive mobile gaming market.
The increased ownership by Pacer Advisors Inc. also signals a positive outlook for Playtika Holding Corp’s future growth and expansion plans. The company has been actively seeking strategic partnerships and acquisitions to further strengthen its position in the global gaming market. In conclusion, Pacer Advisors Inc.’s decision to boost its stake in Playtika Holding Corp is a testament to the company’s strong performance, growing investor confidence, and promising future prospects. With the continued rise of mobile gaming and the company’s commitment to innovation, Playtika Holding Corp remains a top player in the gaming industry and a promising investment opportunity for investors.
Share Price
Pacer Advisors Inc., a leading investment management firm, has increased its stake in Playtika Holding Corp, a popular mobile gaming company. On Monday, PLAYTIKA HOLDING stock opened at $7.74 and closed at $7.77, showing a slight decrease of 0.64% from the previous day’s closing price of $7.82. As a well-respected investment firm, Pacer Advisors Inc.’s endorsement of PLAYTIKA HOLDING could attract other investors and potentially drive up the company’s stock price. The current market conditions have been favorable for Playtika Holding Corp, with a high demand for mobile gaming due to the ongoing pandemic. This has led to a surge in revenue for the company, making it an attractive investment opportunity for many investors. With Pacer Advisors Inc.’s increased stake, it is clear that they see potential in PLAYTIKA HOLDING and are confident in its ability to continue delivering strong financial results.
Moreover, PLAYTIKA HOLDING has been making strategic moves to expand its market reach and diversify its portfolio. In February, the company acquired German mobile gaming developer Wooga, which has helped strengthen its position in the European market. This acquisition, along with other recent partnerships and collaborations, further solidifies PLAYTIKA HOLDING’s position as a key player in the highly competitive mobile gaming industry. With the ongoing momentum and increasing investments, PLAYTIKA HOLDING is poised for continued success and could be a promising investment opportunity for other investors as well. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Playtika Holding. More…
| Total Revenues | Net Income | Net Margin |
| 2.57k | 235 | 10.3% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Playtika Holding. More…
| Operations | Investing | Financing |
| 515.6 | -240.2 | -18.2 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Playtika Holding. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 3.17k | 3.4k | -0.6 |
Key Ratios Snapshot
Some of the financial key ratios for Playtika Holding are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 2.7% | 12.6% | 21.3% |
| FCF Margin | ROE | ROA |
| 17.0% | -135.5% | 10.7% |
Analysis – Playtika Holding Intrinsic Value
After thoroughly analyzing PLAYTIKA HOLDING‘s financials, I have determined that the fair value of their share is approximately $16.0. This valuation was calculated using our proprietary Valuation Line, which takes into account various financial metrics and market conditions. Currently, PLAYTIKA HOLDING stock is trading at $7.77 per share, which means it is undervalued by 51.4%. This presents a great opportunity for investors to purchase the stock at a lower price and potentially see significant returns in the future. In terms of their financials, PLAYTIKA HOLDING has shown strong performance in recent years, with steady revenue growth and profitability. They also have a strong balance sheet and a healthy cash position, which provides stability and potential for future investments and growth. In addition to their financials, PLAYTIKA HOLDING also has a strong market position, with a wide range of popular mobile games and a large and loyal customer base. This further supports the potential for future growth and success. Overall, based on my analysis, I believe that PLAYTIKA HOLDING is currently undervalued in the market. Investors should consider taking advantage of this opportunity to purchase the stock at a discounted price and potentially see significant returns in the long term. More…
Peers
Playtika Holding Corp, a company that specializes in developing social casino games, is in competition with Zengame Technology Holding Ltd, Santaro Interactive Entertainment Co, and MAG Interactive AB. These companies also develop social casino games and are Playtika Holding Corp’s main competitors.
– Zengame Technology Holding Ltd ($SEHK:02660)
As of 2022, Zengame Technology Holding Ltd has a market cap of 1.62B and a Return on Equity of 31.28%. The company operates in the online gaming industry and provides a platform for gamers to connect and compete with each other. Zengame Technology Holding Ltd is headquartered in Hong Kong.
– Santaro Interactive Entertainment Co ($OTCPK:STIE)
Santaro Interactive Entertainment Co is a publicly traded company with a market capitalization of 698.75k as of 2022. The company has a Return on Equity of 15.33%. Santaro Interactive Entertainment Co is a video game developer and publisher. The company was founded in 2006 and is headquartered in Hong Kong.
– MAG Interactive AB ($LTS:0GJ1)
Mag Interactive is a digital entertainment company that creates fun and engaging games for a global audience. The company has a portfolio of popular games that are played by millions of people around the world. Mag Interactive has a market cap of 670.32M as of 2022 and a ROE of 6.97%. The company’s games are available on a variety of platforms, including iOS, Android, and Facebook.
Summary
Pacer Advisors Inc. has recently increased their investment in Playtika Holding Corp., a mobile gaming company. This indicates confidence in the company’s potential for growth and profitability. As more people turn to mobile gaming, Playtika is well positioned to capitalize on this trend. They have a diverse portfolio of popular games and a strong customer base.
Additionally, Pacer Advisors Inc.’s move suggests positive sentiment towards the overall gaming industry, which bodes well for Playtika’s future performance. Investors should keep an eye on Playtika as it continues to expand and innovate in the rapidly growing mobile gaming market.
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