Glu Mobile can bring fresh ideas to EA about how to monetize certain names

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    • Glu Mobile can bring fresh ideas to EA about how to monetize certain names

      What is more, Glu Mobile FIFA Coins can bring fresh ideas to EA about how to monetize certain names. The business reported seeing positive early results from this initiative on the very last earnings call.


      Growth at a fair price.It's always worth checking the cost that a company is paying as it declares that a major acquisition. Across three hot test metrics, Glu Mobile looks like a fantastic value in the video game industry.EA is spending $12.50 a share in cash to Glu Mobile investors, which places the latter's most price-to-free money flow multiple at 47.


      On a forwards price-to-earnings foundation, Glu trades in a multiple of 25, that resembles a relatively great deal compared to its bigger peer reviewed Zynga, which deals in a higher forwards P/E of $28. Glu can also be a better deal on a price-to-sales foundation using a multiple just under four, whereas Zynga trades at closer to 6 times earnings up there with the industry's top gaming stocks.


      EA's got cash to spare.EA entered calendar 2021 with plenty of money to reinvest or obtain top-notch studios like Glu to expand its dominance from the gambling market.The company made $1.9 billion in free cash flow during the previous four quarters. That cheap FIFA Mobile Coins is on top of the $6.7 billion in cash and short-term investments in the balance sheet at the end of 2020.