Video GamesEntertainment SystemsVirtual GoodsGamificationGamingInformation TechnologySoftware
Description
Light & Wonder, Inc. (L&W), a cross-platform global games company, focuses on content and digital markets.
The company’s portfolio of revenue-generating activities primarily includes supplying game content and gaming machines, CMSs and table game pr…
Analysis
Middle-of-the-road
Light & Wonder, Inc. is a middle-of-the-road business: neither the economics nor the price stand out from the peer group. One caution: reported profits have recently run ahead of actual cash, which we track closely.
The price is expensive. You pay 26.4× its owner earnings: the cash an owner could take out each year, which is in the historically expensive zone. At today's price, the market is assuming roughly 10% yearly growth; analysts expect 31%. The price, in other words, assumes less than the experts do.
The trajectory is moderate and the balance sheet is stretched. The company scores 12/20 on our value-creation score: creating some value.
What to watch: The financial cushion is thinner than comfortable. A large part of the company's book value is the price paid for past acquisitions. Reported profits have run ahead of actual cash for several periods. As always: this describes the company's numbers; it is not a recommendation.
360° rank · history
1007550250
Jan 202315
80
2023202420252026
All-time high
80
Jun 2026
All-time low
15
Jan 2023
Average rank
43
across all years
Detailed & Historical Ranks
Deep dive into 15 detailed ranks and 3 years of history.
Current202520242023
Price/Sales
34
26
25
36
Price/Earnings
83
51
30
28
Price/Book
20
21
17
91
Dividend Yield
65
1
1
1
Value (overall)
56
9
10
35
Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.