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Mmoexp FIFA - The most hotly anticipated events around FIFA

Submitted by Kingang on Thu, 06/17/2021 - 17:25

What's more, Glu Mobile can bring new ideas to EA about ways to decorate certain titles. The company reported seeing positive early results from this initiative over the last earnings call.

Growing at an unbiased price.It's always worth checking the price that a business is paying when it announces a major acquisition. As Warren Buffett has said,"Price is what you pay, value is what you receive." Around three popular test metrics, Glu Mobile seems like a good value in the video game industry.EA is paying $12.50 a share in cash to Glu Mobile investors, which places the latter's price-to-free cash flow multiple at 47.

On a forwards price-to-earnings basis, Glu trades in a multiple of 25, that looks like a relatively great deal compared to its larger peer reviewed Zynga, which trades in a higher forward P/E of 28. Glu can also be a better deal on a price-to-sales foundation with a multiple only under four, while Zynga trades at nearer to 6 times sales, up with all the industry's leading gaming stocks.

EA's earned money to spare.EA entered calendar 2021 having lots of money to reinvest or acquire elite studios for example Glu to extend its dominance from the gambling market.The company made $1.9 billion in free cash flow over the last four quarters. That's in addition to the $6.7 billion in cash and short-term investments on the balance sheet at the end of 2020.

Check out https://www.mmoexp FIFA.com/ for more details.