EA's specialty is designing sports matches under its EA Sports label, but FIFA Mobile Coins Glu Mobile has also demonstrated it can consistently develop a mobile sports company. Tap Sports Baseball was a hit for the company, growing from approximately $4 million of bookings from 2014 to over $90 million in 2019. The teams in EA Sports and Glu Sports can clearly share ideas to make even better at what they do this well.

A deep freezer of fresh games.The development pipeline in Glu Mobile looks quite promising. It has new names set to start shortly, including Harness Sports Fishing, Deer Hunter World, and also an upgraded version of Harness Sports Baseball for the 2021 season. EA plans to bring Tap Baseball to new nations with its licensing experience from EA Sports.There can also be Table & Taste, a new lifestyle match, as well as a variety of hyper-casual games launching from Glu's Crowdstar studio.

What is more, Glu Mobile may bring new ideas to EA about ways to decorate certain titles. The company reported seeing favorable early outcomes from this initiative on the last earnings call.

Growth at an unbiased price.It's worth checking the cost that a provider is paying when it declares that a major acquisition. Around three popular valuation metrics, Glu Mobile looks like a good value in the movie game industry.EA is paying $12.50 a share in money to Glu Mobile shareholders, which places the latter's most price-to-free money flow multiple at 47.

On a forward price-to-earnings foundation, Glu trades at a multiple of 25, that resembles a relatively good deal in comparison to its larger peer reviewed Zynga, which deals at a higher forward P/E of $28. Glu can be a better deal on a price-to-sales basis using a multiple just under four, while Zynga trades at nearer to cheap FUT Coins six times earnings , up there with the industry's top video game stocks.