Comparing ScION Tech Growth II (SCOB) & Its Peers

ScION Tech Growth II (NASDAQ:SCOBGet Rating) is one of 702 public companies in the “Holding & other investment offices” industry, but how does it contrast to its peers? We will compare ScION Tech Growth II to similar companies based on the strength of its institutional ownership, valuation, profitability, risk, dividends, analyst recommendations and earnings.

Analyst Ratings

This is a breakdown of recent ratings and recommmendations for ScION Tech Growth II and its peers, as provided by MarketBeat.com.

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 181 732 989 20 2.44

As a group, “Holding & other investment offices” companies have a potential upside of 87.52%. Given ScION Tech Growth II’s peers higher probable upside, analysts clearly believe ScION Tech Growth II has less favorable growth aspects than its peers.

Valuation & Earnings

This table compares ScION Tech Growth II and its peers 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 -65.26
ScION Tech Growth II Competitors $1.16 billion $58.61 million -15.51

ScION Tech Growth II’s peers 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 peers, indicating that it is currently more affordable than other companies in its industry.

Profitability

This table compares ScION Tech Growth II and its peers’ 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%

Insider and Institutional 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 large money managers, endowments and hedge funds believe a stock is poised for long-term growth.

Summary

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

About ScION Tech Growth II (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.

Receive News & Ratings for ScION Tech Growth II Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ScION Tech Growth II and related companies with MarketBeat.com's FREE daily email newsletter.