PLAYSTUDIOS, Inc. (MYPS) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

+202.2%

$13.81

vs $4.57 price

Levered DCF

$20.16

After debt service

Piotroski score

3 / 9

Weak

Altman Z-score

0.77

Distress zone

Rating

B-

Overall 3 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
P/E	-2.83×	-8.45×	-18.07×	-27.71×	39.5×	103×	93.18×	732.14×
P/B	0.36×	0.98×	1.25×	1.65×	1.45×	13.48×	16.05×	37.82×
P/S	0.35×	0.83×	1.16×	1.72×	1.54×	4.8×	5.38×	12.6×
EV / EBITDA	-1.31×	3.7×	5.48×	18.55×	8.29×	37.24×	28.9×	207.31×
Gross margin	59.2%	74.9%	75.0%	70.6%	68.1%	66.1%	66.5%	65.8%
Operating margin	-8.7%	-11.4%	-3.4%	-9.7%	-1.0%	3.8%	7.2%	4.4%
Net margin	-12.2%	-9.9%	-6.2%	-6.1%	3.7%	4.7%	5.7%	1.7%
Current ratio	3.12×	2.98×	3.8×	5.15×	8.08×	2.3×	4.22×	2.15×
Debt / equity	0.03×	0.04×	0.03×	0.05×	0×	0×	0×	0.03×
Interest coverage	0×	0×	0×	0×	-12.72×	72.88×	64.91×	0×
Dividend yield	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Payout ratio	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	-12.6%	-11.7%	-6.7%	-5.9%	3.5%	13.3%	17.0%	5.2%
Return on invested capital	-8.1%	-11.9%	-3.2%	-6.6%	-1.0%	10.3%	15.2%	5.8%
Return on assets	-9.9%	-8.9%	-5.3%	-5.1%	3.2%	9.5%	13.7%	3.6%
Free cash flow yield	31.0%	17.3%	5.3%	0.0%	-1.6%	1.7%	0.8%	1.3%
Earnings yield	-35.0%	-11.9%	-5.4%	-3.6%	2.4%	1.0%	1.1%	0.1%
Enterprise value	-$15.3M	$141.6M	$237.4M	$380.2M	$227.8M	$1.2B	$1.3B	$2.4B
Net debt / EBITDA	-8.34×	-2.59×	-2.84×	-5.74×	-7.77×	-1.46×	-0.71×	-2.19×
Cash conversion cycle (days)	32	34	31	17	-2	13	-3	-2