ScION Tech Growth II (SCOB) & The Competition Critical Review

ScION Tech Growth II (NASDAQ:SCOBGet Rating) is one of 699 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 businesses based on the strength of its dividends, institutional ownership, analyst recommendations, valuation, earnings, risk and profitability.

Valuation & Earnings

This table compares ScION Tech Growth II and its peers 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 $1.22 billion $61.67 million 10.70

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.

Analyst Ratings

This is a summary of current ratings for ScION Tech Growth II and its peers, 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 181 732 986 20 2.44

As a group, “Holding & other investment offices” companies have a potential upside of 83.09%. Given ScION Tech Growth II’s peers higher possible upside, analysts clearly believe ScION Tech Growth II has less favorable growth aspects than its peers.

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 37.49% -28.82% 2.60%

Institutional and Insider Ownership

64.2% of ScION Tech Growth II shares are owned by institutional investors. Comparatively, 55.9% of shares of all “Holding & other investment offices” companies are owned by institutional investors. 18.8% of shares of all “Holding & other investment offices” companies are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.

Summary

ScION Tech Growth II peers beat ScION Tech Growth II on 6 of the 8 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.