Growth at FUT Coins a fair price.It's always worth checking the price that a company is paying when it declares a significant acquisition. As Warren Buffett has said,"Price is what you pay, value is what you get." Across three hot valuation metrics, Glu Mobile looks just like a fantastic value in the movie game industry.EA is spending $12.50 per share in money to Glu Mobile shareholders, which puts the latter's most price-to-free cash flow multiple at 47.
On a forward price-to-earnings foundation, Glu trades at a multiple of 25, which resembles 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 much better deal on a price-to-sales basis using a multiple just under four, while Zynga trades at nearer to 6 times sales, up there with the industry's leading gaming stocks.
EA's earned money to spare.EA entered calendar 2021 with lots of money to reinvest or obtain top-notch studios like Glu to expand its dominance from the gaming market.The company made $1.9 billion in free cash flow over the previous four quarters. That's on top of the $6.7 billion in cash and short-term investments on the balance sheet at the end of 2020. Even after both of these deals are full, EA will still have a couple billion dollars' worth of cash on the balance sheet with nearly $2 billion in free cash flow coming from every year.The inclusion of Glu Mobile will jumpstart EA's increase in a cell market that grew an estimated 25 percent this past year, reaching $86 billion in worldwide revenue, based on Newzoo.In short, this purchase is a significant update for Electronic Arts' cell game business, and that's why the stock surged to a new high on FIFA Mobile Coins for sale the news. * And at the moment, they believe you will find 10 stocks that are better purchases.