Comparing ScION Tech Growth II (SCOB) & Its Rivals

ScION Tech Growth II (NASDAQ:SCOBGet Rating) is one of 699 publicly-traded companies in the “Holding & other investment offices” industry, but how does it compare to its competitors? We will compare ScION Tech Growth II to similar companies based on the strength of its profitability, dividends, risk, earnings, valuation, institutional ownership and analyst recommendations.

Institutional & Insider Ownership

64.2% of ScION Tech Growth II shares are held by institutional investors. Comparatively, 56.7% of shares of all “Holding & other investment offices” companies are held by institutional investors. 24.0% of shares of all “Holding & other investment offices” companies are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.

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 37.49% -28.83% 2.58%

Valuation & Earnings

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

Gross Revenue Net Income Price/Earnings Ratio
ScION Tech Growth II N/A $3.39 million -65.33
ScION Tech Growth II Competitors $1.22 billion $61.54 million 8.74

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.

Analyst Recommendations

This is a breakdown 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 180 732 986 20 2.44

As a group, “Holding & other investment offices” companies have a potential upside of 83.83%. 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.

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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