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Playtika Holding Corp.
$891M
Market Cap
15.8
P/E
1.30
PEG
-0.2%
ROCE
76.1%
ROE
-6.06
D/E
-0.2%
OPM
-43.2%
% from 52W High
15
α RS
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🌏 Global Investor Returns
Currency-adjusted total returns for PLTK including FX impact
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📈 Price History
Ratio Health
Excellent
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Average
Poor
By Category
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About

Playtika Holding Corp., together with its subsidiaries, develops mobile games in the United States, Europe, the Middle East, Africa, the Asia Pacific, and internationally.

Key Ratios Snapshot
📈 Growth Pattern
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⭐ Superinvestors Holding PLTK
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Manager Shares Value % of Fund Period
Jim Simons Renaissance Technologies LLC 1.39M $3.9M 0.01% Mar 2026
Cathie Wood ARK Investment Management 614.0K $1.7M 0.01% Mar 2026
Steve Cohen Point72 Asset Management 159.4K $443K 0.00% Mar 2026

SEC Form 13F data. 45-day lag from quarter end.

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3-Statement Financial Model
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📊 MIXED Playtika Q1 revenue $744.7M; Disney Solitaire fastest-growing title; DTC at $1.2B run rate
Revenue & Profitability
Q1 2026 revenue was $744.7 million, up 9.7% sequentially and 5.5% year-over-year. Adjusted EBITDA was $125.2 million, representing a 16.8% margin. GAAP net loss was -$57.5 million, while adjusted net income was $13.6 million. DTC revenue reached a record $291.8 million, up 16.7% sequentially and 62.8% year-over-year.
Outlook
Management views AI as a tailwind for scaled operators with data and discipline, accelerating live ops and monetization systems. However, they note that product-market fit and user acquisition allocation remain the fundamental challenges. No explicit macro demand or regulatory outlook was provided beyond the competitive dynamics of social casino.
Growth Drivers
Disney Solitaire is the primary growth engine, with strong ROI on user acquisition and improving cohort performance. June's Journey delivered its best quarter since Q2 2024 and is seen as a potential $1 million-per-day game. DTC growth across the portfolio, especially in Bingo Blitz, is a key driver. Slotomania stabilized, growing 4% quarter-over-quarter.
Balance Sheet & CapEx
Not discussed in this earnings call.
Margins
Q1 adjusted EBITDA margin of 16.8% reflects front-loaded SuperPlay investment; SuperPlay is expected to turn positive adjusted EBITDA in Q2. Full-year adjusted EBITDA guidance was raised to $750-$790 million. Management deliberately chose not to maximize near-term EBITDA, preserving flexibility to reinvest in the second half if opportunities arise.
Key Risks
An analyst flagged competitive pressure from sweepstakes casinos and potential state-level bans as a risk for the social casino segment. Management acknowledged Slotomania's past decline but highlighted its stabilization. Capital structure and maturity runway are top priorities, leading to the suspension of the dividend and a focus on liquidity.
Generated by AI · Q1 2026 results · Not investment advice
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✓ 📞 Earnings Call Transcripts (5 quarters) submit a missing quarter
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📞 Earnings Call Transcripts (5)
Q2 2026 Q2 2026 2026-08-06
Q2 2026 saw revenue of $731.1M (up 5% YoY), with adjusted EBITDA margin rising to 28.2% as marketing spend was reduced. D2C revenue surged, Disney Solitaire posted strong growth, and guidance was reaffirmed but with expectations to finish at the lower end due to softer consumer demand.
Q1 2026 Q1 2026 2026-05-07
Q1 2026 saw strong revenue growth, driven by Disney Solitaire's rapid scaling and robust DTC performance. Guidance was raised for both revenue and adjusted EBITDA, with SuperPlay outperforming and the core portfolio showing stabilization.
Q4 2025 Q4 2025 2026-02-26
Q4 2025 saw revenue of $678.8M and Adjusted EBITDA of $201.4M, driven by D2C and SuperPlay. Full-year revenue rose 8.1% to $2.755B, with D2C at $1B annualized. 2026 guidance targets $2.7–$2.8B revenue and $730–$770M Adjusted EBITDA.
Q3 2025 Q3 2025 2025-11-06
Q3 saw record DTC revenue and strong growth from Disney Solitaire, offset by Slotomania's decline due to game rebalancing. Adjusted EBITDA rose 10.3% year-over-year, and DTC mix reached 31% of revenue, with further expansion targeted.
Q2 2025 Q2 2025 2025-08-07
Q2 2025 revenue grew 11% year-over-year to $696M, led by Disney Solitaire's rapid success and strong D2C performance, while mature titles like Slotomania declined. Full-year revenue guidance was lowered, but EBITDA guidance remains unchanged due to D2C and efficiency gains.
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📊 Analysis Methodology

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Financial Model
Projections are built from each company's audited annual financials (Income Statement, Balance Sheet, Cash Flow) over the last 5 fiscal years. Forward assumptions — revenue growth %, EBITDA margin, D&A (USD millions), interest expense, tax rate, and capex — are AI-generated using historical context and refreshed twice a year: after the December results season and after the September/Q4 results season.

DCF Valuation
Fair Value = Σ(FCFt / (1+WACC)t) + Terminal Value. Terminal Value uses the Gordon Growth Model: FCF5 × (1+g) / (WACC−g). Default WACC: 10% (US risk-free ~4.5%, equity risk premium ~5.5%). Default terminal growth: 3% (long-run US nominal GDP proxy).

CAGR Tracker
Expected 5-year CAGR = (DCF Fair Value / Current Price)1/5 − 1. Assumes fair value is reached in exactly 5 years — a mechanical estimate only.

Data Sources & Limitations
Financial statements sourced from public filings. Prices updated daily. Forward assumptions are AI-generated. All monetary values in USD millions. Non-US ADR companies may have currency conversion inaccuracies. Models are point-in-time and do not update intra-quarter or account for M&A, macro shocks, or extraordinary items.

⚠️ Important Disclaimers — Please read without fail.

Investment Risk:
Investing in securities, including US equities and ETFs, involves inherent risks including the potential loss of principal. All investments are subject to market fluctuations, economic conditions, regulatory changes, and other factors that may affect their value. Past performance is not indicative of future results. This analysis is provided for informational and educational purposes only and should not be construed as investment advice under any circumstances.

No Investment Recommendation:
This analysis does not constitute, nor should it be interpreted as, an offer, solicitation, or recommendation to buy, sell, or hold any securities or financial products. Investors are strongly advised to conduct their own independent research and due diligence and to consult with a licensed financial advisor or an SEC-registered investment adviser before making any investment decisions, taking into account their individual financial situation, risk tolerance, and investment objectives.

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Conflict of Interest Disclosure:
The author and/or analyst may currently hold or have previously held positions in the securities discussed. Any such positions are not intended to influence the objectivity or independence of the analysis. This research is produced independently and is not sponsored, endorsed, or commissioned by any company or institution.

Information Sources:
The analysis is based on publicly available information including SEC filings (10-K, 10-Q), annual reports, management commentary, and publicly available financial data. Information is believed to be accurate as of the date of publication but may be subject to change without notice. Readers are encouraged to independently verify all information before acting upon it.

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