PSN: Weekend sale with new game deals for PS4 & PS5

PSN

Sony is expanding the current PSN sale. Over the weekend, individual PS4 games are available cheaper than usual in the PlayStation Store. Thanks to the backward compatibility of the PS5, you can also play the PS4 games comfortably on the new Sony console - sometimes in higher resolutions, better frame rates and with faster loading times. As can be seen from an overview on psprices.com, Red Dead Redemption 2 will be reduced in price over the next few days. The western action is currently available in the PSN sale for 29.99 euros. Sony is pricing the deal with a 50 percent discount. However, RDR2 is not one of the top offers in the PlayStation Store: In the price comparison, prices currently start at just under 18 euros.

The situation is different for the premium edition of GTA 5, which is in the PSN sale (now buy € 50.00) for € 14.69. In the price comparison, the offers start at 14.94 euros. The Mafia Trilogy, on the other hand, is available on sale for 38.99 euros. Those who use the disc version save a few thalers: the box version is currently available from 34.95 euros.

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PSN: New sale for PS5 and PS4 with almost 300 deals & offers of the week live

Sony puts a new PSN sale online. Again, there are a number of game deals for PS4 and PS5 waiting for you. PS4 PS3 PSV PSP 0

PSN: Huge sale with almost 1,000 game deals for PS4 and PlayStation 5

Sony puts a huge PSN sale online: The PlayStation Store is currently attracting numerous deals on games for PS4 and PS5 . PS4 PS3 PSV PSP 0

PSN Sale: New game deal of the week now online - this is the new offer

Sony is expanding the current PSN sale and is putting the offer of the week online. This offer is waiting for you. var lstExcludedArticleTicker = '1368060,1367984,1367508,1367243'; In addition, the PSN sale attracts with deals on Mafia 2: Definitive Edition (29.99 euros), Planet Coaster: Horror & Adventure Package (10.39 euros) and Planet Coaster: Deluxe Ride Package (10.39 euros). The deals for the weekend are rounded off by Outbreak: Epidemic, which can be downloaded for 8.99 euros. PS Plus members save even more and get the full version for 7.49 euros. The offers are online until March 9th.

PSN Sale for the weekend: The new deals for PS4 / PS5

Red Dead Redemption 2 - 29.99 euros GTA 5 Premium Edition - 14 , 69 Euro Mafia Trilogy - 38.99 Euro Mafia: Definitive Edition - 29.99 Euro Outbreak: Epidemic - 8.99 Euro (7.49 Euro for PS Plus) Planet Coaster: Horror & Adventure Package - 10.39 Euro Planet Coaster: Deluxe Ride Package - $ 10.39 (document) .ready (function () {ratgeber.getWidgetOutput ("261923", "rgTable-1", "entity", "automatic");});

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Here's What To Make Of Parsons' (NYSE:PSN) Returns On Capital

Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key financial metrics. Typically, we'll want to notice a trend of growing return on capital employed (ROCE) and alongside that, an expanding base of capital employed. If you see this, it typically means it's a company with a great business model and plenty of profitable reinvestment opportunities. However, after briefly looking over the numbers, we don't think Parsons (NYSE:PSN) has the makings of a multi-bagger going forward, but let's have a look at why that may be.

Return On Capital Employed (ROCE): What is it?

If you haven't worked with ROCE before, it measures the 'return' (pre-tax profit) a company generates from capital employed in its business. Analysts use this formula to calculate it for Parsons:

Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities)

0.056 = US$153m ÷ (US$3.9b - US$1.2b) (Based on the trailing twelve months to December 2020).

Thus, Parsons has an ROCE of 5.6%. Ultimately, that's a low return and it under-performs the Aerospace & Defense industry average of 8.5%.

See our latest analysis for Parsons

roce

In the above chart we have measured Parsons' prior ROCE against its prior performance, but the future is arguably more important. If you'd like to see what analysts are forecasting going forward, you should check out our free report for Parsons.

So How Is Parsons' ROCE Trending?

When we looked at the ROCE trend at Parsons, we didn't gain much confidence. To be more specific, ROCE has fallen from 8.8% over the last three years. On the other hand, the company has been employing more capital without a corresponding improvement in sales in the last year, which could suggest these investments are longer term plays. It may take some time before the company starts to see any change in earnings from these investments.

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On a related note, Parsons has decreased its current liabilities to 30% of total assets. So we could link some of this to the decrease in ROCE. What's more, this can reduce some aspects of risk to the business because now the company's suppliers or short-term creditors are funding less of its operations. Some would claim this reduces the business' efficiency at generating ROCE since it is now funding more of the operations with its own money.

In Conclusion...

In summary, Parsons is reinvesting funds back into the business for growth but unfortunately it looks like sales haven't increased much just yet. And investors appear hesitant that the trends will pick up because the stock has fallen 10% in the last year. In any case, the stock doesn't have these traits of a multi-bagger discussed above, so if that's what you're looking for, we think you'd have more luck elsewhere.

One more thing to note, we've identified 1 warning sign with Parsons and understanding this should be part of your investment process.

If you want to search for solid companies with great earnings, check out this free list of companies with good balance sheets and impressive returns on equity.

This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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