ScION Tech Growth II (NASDAQ:SCOB – Get Rating) is one of 702 publicly-traded companies in the “Holding & other investment offices” industry, but how does it compare to its rivals? We will compare ScION Tech Growth II to related businesses based on the strength of its valuation, analyst recommendations, institutional ownership, earnings, profitability, dividends and risk.
Institutional & Insider Ownership
64.2% of ScION Tech Growth II shares are owned by institutional investors. Comparatively, 55.4% of shares of all “Holding & other investment offices” companies are owned by institutional investors. 18.7% of shares of all “Holding & other investment offices” companies are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.
This is a summary of recent ratings and target prices for ScION Tech Growth II and its rivals, as provided 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||730||988||20||2.44|
As a group, “Holding & other investment offices” companies have a potential upside of 76.28%. Given ScION Tech Growth II’s rivals higher probable upside, analysts clearly believe ScION Tech Growth II has less favorable growth aspects than its rivals.
Valuation and Earnings
This table compares ScION Tech Growth II and its rivals gross revenue, earnings per share (EPS) and valuation.
|Gross Revenue||Net Income||Price/Earnings Ratio|
|ScION Tech Growth II||N/A||$3.39 million||-65.73|
|ScION Tech Growth II Competitors||$1.16 billion||$58.61 million||-17.29|
ScION Tech Growth II’s rivals 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 rivals, indicating that it is currently more affordable than other companies in its industry.
This table compares ScION Tech Growth II and its rivals’ 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||48.62%||-28.77%||2.72%|
ScION Tech Growth II rivals beat ScION Tech Growth II on 6 of the 8 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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