Reviewing ScION Tech Growth II (SCOB) & Its Peers

ScION Tech Growth II (NASDAQ:SCOBGet Rating) is one of 701 public companies in the “Holding & other investment offices” industry, but how does it contrast to its competitors? We will compare ScION Tech Growth II to related companies based on the strength of its analyst recommendations, dividends, profitability, valuation, institutional ownership, risk and earnings.

Analyst Recommendations

This is a summary of recent ratings and target prices for ScION Tech Growth II and its competitors, as reported by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
ScION Tech Growth II 0 0 0 0 N/A
ScION Tech Growth II Competitors 177 727 988 20 2.45

As a group, “Holding & other investment offices” companies have a potential upside of 73.01%. Given ScION Tech Growth II’s competitors higher possible upside, analysts clearly believe ScION Tech Growth II has less favorable growth aspects than its competitors.

Valuation & Earnings

This table compares ScION Tech Growth II and its competitors top-line revenue, earnings per share (EPS) and valuation.

Gross Revenue Net Income Price/Earnings Ratio
ScION Tech Growth II N/A $3.39 million -65.60
ScION Tech Growth II Competitors $1.22 billion $61.54 million -19.81

ScION Tech Growth II’s competitors have higher revenue and earnings than ScION Tech Growth II. ScION Tech Growth II is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.

Profitability

This table compares ScION Tech Growth II and its competitors’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
ScION Tech Growth II N/A 4.47% 0.98%
ScION Tech Growth II Competitors 49.62% -28.80% 2.69%

Institutional and Insider Ownership

64.2% of ScION Tech Growth II shares are owned by institutional investors. Comparatively, 57.7% of shares of all “Holding & other investment offices” companies are owned by institutional investors. 23.1% of shares of all “Holding & other investment offices” companies are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

Summary

ScION Tech Growth II competitors beat ScION Tech Growth II on 7 of the 9 factors compared.

ScION Tech Growth II Company Profile (Get Rating)

ScION Tech Growth II focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. It intends to focus on technology-enabled businesses that offer technology solutions, broader technology software and services in the financial services sector. The company was incorporated in 2020 and is based in London, the United Kingdom.

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