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Glu Mobile

DB:F2P
Snowflake Description

Flawless balance sheet with high growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
F2P
DB
$2B
Market Cap
  1. Home
  2. DE
  3. Media
Company description

Glu Mobile Inc. develops, publishes, and markets a portfolio of free-to-play mobile games for the users of smartphones and tablet devices. The last earnings update was 53 days ago. More info.


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F2P Share Price and Events
7 Day Returns
-2%
DB:F2P
0.7%
DE Entertainment
1.8%
DE Market
1 Year Returns
169.8%
DB:F2P
12.5%
DE Entertainment
-6%
DE Market
F2P Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Glu Mobile (F2P) -2% -0.5% 17.2% 169.8% 279.1% 246.2%
DE Entertainment 0.7% 6.3% 12.5% 12.5% 35.7% 73.7%
DE Market 1.8% 6% 7.8% -6% 10.1% 15.3%
1 Year Return vs Industry and Market
  • F2P outperformed the Entertainment industry which returned 12.5% over the past year.
  • F2P outperformed the Market in Germany which returned -6% over the past year.
Price Volatility
F2P
Industry
5yr Volatility vs Market
Related Companies

Value

 Is Glu Mobile undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Glu Mobile to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Glu Mobile.

DB:F2P Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 7 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 6%
Perpetual Growth Rate 10-Year DE Government Bond Rate 0.2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:F2P
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 6%
Entertainment Unlevered Beta Simply Wall St/ S&P Global 0.96
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.958 (1 + (1- 21%) (0%))
0.972
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.97
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (0.972 * 5.96%)
6.02%

Discounted Cash Flow Calculation for DB:F2P using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Glu Mobile is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

DB:F2P DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 6.02%)
2019 50.18 Analyst x1 47.33
2020 80.49 Analyst x2 71.61
2021 106.64 Est @ 32.48% 89.48
2022 130.96 Est @ 22.8% 103.65
2023 151.95 Est @ 16.03% 113.44
2024 169.11 Est @ 11.29% 119.08
2025 182.59 Est @ 7.97% 121.27
2026 192.90 Est @ 5.65% 120.85
2027 200.66 Est @ 4.02% 118.57
2028 206.45 Est @ 2.88% 115.06
Present value of next 10 years cash flows $1,020.34
DB:F2P DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= $206.45 × (1 + 0.23%) ÷ (6.02% – 0.23%)
$3,572.41
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $3,572.41 ÷ (1 + 6.02%)10
$1,991.02
DB:F2P Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $1,020.34 + $1,991.02
$3,011.36
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $3,011.36 / 144.12
$20.89
DB:F2P Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:F2P represents 0.87032x of NasdaqGS:GLUU
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.87032x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (USD) x Listing Adjustment Factor
= $ 20.89 x 0.87032
€18.19
Value per share (EUR) From above. €18.19
Current discount Discount to share price of €9.44
= -1 x (€9.44 - €18.19) / €18.19
48.1%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Glu Mobile is available for.
Intrinsic value
48%
Share price is €9.44 vs Future cash flow value of €18.19
Current Discount Checks
For Glu Mobile to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Glu Mobile's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Glu Mobile's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Glu Mobile's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Glu Mobile's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:F2P PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in USD $-0.09
NasdaqGS:GLUU Share Price ** NasdaqGS (2019-04-18) in USD $10.85
Germany Entertainment Industry PE Ratio Median Figure of 10 Publicly-Listed Entertainment Companies 19.8x
Germany Market PE Ratio Median Figure of 424 Publicly-Listed Companies 19.59x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Glu Mobile.

DB:F2P PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqGS:GLUU Share Price ÷ EPS (both in USD)

= 10.85 ÷ -0.09

-116.24x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Glu Mobile is loss making, we can't compare its value to the DE Entertainment industry average.
  • Glu Mobile is loss making, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does Glu Mobile's expected growth come at a high price?
Raw Data
DB:F2P PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -116.24x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 7 Analysts
73.2%per year
Europe Entertainment Industry PEG Ratio Median Figure of 30 Publicly-Listed Entertainment Companies 1.67x
Germany Market PEG Ratio Median Figure of 270 Publicly-Listed Companies 1.56x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Glu Mobile, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Glu Mobile's assets?
Raw Data
DB:F2P PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in USD $1.23
NasdaqGS:GLUU Share Price * NasdaqGS (2019-04-18) in USD $10.85
Germany Entertainment Industry PB Ratio Median Figure of 14 Publicly-Listed Entertainment Companies 1.56x
Germany Market PB Ratio Median Figure of 574 Publicly-Listed Companies 1.84x
DB:F2P PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqGS:GLUU Share Price ÷ Book Value per Share (both in USD)

= 10.85 ÷ 1.23

8.8x

* Primary Listing of Glu Mobile.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Glu Mobile is overvalued based on assets compared to the DE Entertainment industry average.
X
Value checks
We assess Glu Mobile's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Entertainment industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Entertainment industry average (and greater than 0)? (1 check)
  5. Glu Mobile has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Glu Mobile expected to perform in the next 1 to 3 years based on estimates from 7 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
73.2%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Glu Mobile expected to grow at an attractive rate?
  • Glu Mobile's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • Glu Mobile's earnings growth is expected to exceed the Germany market average.
  • Glu Mobile's revenue growth is expected to exceed the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:F2P Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:F2P Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 7 Analysts 73.2%
DB:F2P Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 7 Analysts 15.9%
Germany Entertainment Industry Earnings Growth Rate Market Cap Weighted Average 23%
Germany Entertainment Industry Revenue Growth Rate Market Cap Weighted Average 3.5%
Germany Market Earnings Growth Rate Market Cap Weighted Average 11.6%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:F2P Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 7 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:F2P Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 596 113 78 1
2020-12-31 521 78 34 6
2019-12-31 450 57 21 7
DB:F2P Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-12-31 367 32 -13
2018-09-30 351 19 -51
2018-06-30 333 0 -63
2018-03-31 311 -16 -82
2017-12-31 287 -28 -98
2017-09-30 253 -34 -75
2017-06-30 223 -42 -107
2017-03-31 203 -37 -102
2016-12-31 201 -20 -87
2016-09-30 215 -17 -73
2016-06-30 227 -15 -29
2016-03-31 235 -18 -17

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Glu Mobile's earnings are expected to grow significantly at over 20% yearly.
  • Glu Mobile's revenue is expected to grow by 15.9% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:F2P Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 7 Analyst Estimates (S&P Global) See Below

All data from Glu Mobile Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:F2P Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31 0.47 0.47 0.47 1.00
2020-12-31 0.26 0.42 0.09 4.00
2019-12-31 0.15 0.22 0.09 4.00
DB:F2P Past Financials Data
Date (Data in USD Millions) EPS *
2018-12-31 -0.09
2018-09-30 -0.37
2018-06-30 -0.45
2018-03-31 -0.60
2017-12-31 -0.72
2017-09-30 -0.56
2017-06-30 -0.80
2017-03-31 -0.76
2016-12-31 -0.66
2016-09-30 -0.56
2016-06-30 -0.23
2016-03-31 -0.13

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Glu Mobile is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).
X
Future performance checks
We assess Glu Mobile's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Germany market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Glu Mobile has a total score of 5/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Glu Mobile performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Glu Mobile's growth in the last year to its industry (Entertainment).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Glu Mobile does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Glu Mobile's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Glu Mobile's 1-year growth to the DE Entertainment industry average as it is not currently profitable.
Earnings and Revenue History
Glu Mobile's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Glu Mobile Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:F2P Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 366.56 -13.20 145.53 94.93
2018-09-30 351.13 -51.44 142.89 87.57
2018-06-30 333.00 -62.86 144.39 85.74
2018-03-31 311.48 -82.01 146.68 86.89
2017-12-31 286.83 -97.57 137.76 89.22
2017-09-30 252.92 -75.22 126.41 91.79
2017-06-30 223.16 -107.28 105.05 89.87
2017-03-31 202.84 -101.65 83.45 86.60
2016-12-31 200.58 -87.44 78.28 81.88
2016-09-30 215.30 -73.18 77.96 76.48
2016-06-30 227.17 -29.30 77.57 72.70
2016-03-31 234.96 -16.86 79.74 70.29
2015-12-31 249.90 -7.19 78.97 68.22
2015-09-30 261.74 -2.85 80.34 64.76
2015-06-30 263.28 7.40 85.76 63.81
2015-03-31 248.04 9.14 79.15 59.91
2014-12-31 223.15 8.15 74.24 55.58
2014-09-30 185.12 3.25 64.55 56.25
2014-06-30 142.05 -15.13 51.42 52.20
2014-03-31 125.59 -14.28 46.87 49.23
2013-12-31 105.61 -19.91 45.04 43.33
2013-09-30 97.08 -23.45 36.49 46.99
2013-06-30 101.46 -19.05 36.44 49.57
2013-03-31 106.28 -19.12 36.27 51.96
2012-12-31 108.18 -20.46 35.47 52.73
2012-09-30 104.89 -23.41 33.74 51.97
2012-06-30 95.69 -26.01 32.10 48.90

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Glu Mobile has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Glu Mobile has efficiently used its assets last year compared to the DE Entertainment industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Glu Mobile improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Glu Mobile's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Entertainment industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Glu Mobile has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Glu Mobile's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Glu Mobile's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Glu Mobile is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Glu Mobile's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Glu Mobile's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Glu Mobile has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Glu Mobile Company Filings, last reported 3 months ago.

DB:F2P Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 177.31 0.00 97.83
2018-09-30 171.91 0.00 84.32
2018-06-30 164.37 0.00 65.00
2018-03-31 162.41 0.00 51.88
2017-12-31 153.86 0.00 63.76
2017-09-30 184.85 0.00 65.94
2017-06-30 193.06 0.00 68.11
2017-03-31 213.99 0.00 73.15
2016-12-31 232.81 0.00 103.06
2016-09-30 247.05 0.00 147.52
2016-06-30 286.30 0.00 158.04
2016-03-31 302.31 0.00 159.28
2015-12-31 306.43 0.00 180.54
2015-09-30 306.60 0.00 182.35
2015-06-30 300.56 0.00 189.65
2015-03-31 175.99 0.00 65.68
2014-12-31 171.71 0.00 70.91
2014-09-30 168.70 0.00 54.27
2014-06-30 101.03 0.00 71.46
2014-03-31 55.74 0.00 36.95
2013-12-31 46.70 0.00 28.50
2013-09-30 48.15 0.00 27.66
2013-06-30 39.99 0.00 19.13
2013-03-31 39.90 0.00 21.25
2012-12-31 38.89 0.00 22.33
2012-09-30 44.93 0.00 24.05
2012-06-30 42.53 0.00 24.53
  • Glu Mobile has no debt.
  • Glu Mobile has not taken on any debt in the past 5 years.
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Whilst loss making Glu Mobile has sufficient cash runway for more than 3 years if it maintains the current positive free cash flow level.
  • Whilst loss making Glu Mobile has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by -36.4% per year.
X
Financial health checks
We assess Glu Mobile's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Glu Mobile has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Glu Mobile's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Glu Mobile dividends.
If you bought €2,000 of Glu Mobile shares you are expected to receive €0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Glu Mobile's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Glu Mobile's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:F2P Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 7 Analyst Estimates (S&P Global) See Below
Germany Entertainment Industry Average Dividend Yield Market Cap Weighted Average of 5 Stocks 1.5%
Germany Market Average Dividend Yield Market Cap Weighted Average of 327 Stocks 3%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.4%
Germany Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:F2P Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2021-12-31
2020-12-31
2019-12-31

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Glu Mobile has not reported any payouts.
  • Unable to verify if Glu Mobile's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Glu Mobile's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Glu Mobile has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Glu Mobile's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Glu Mobile afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Glu Mobile has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Glu Mobile's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Nick Earl
COMPENSATION $2,606,246
AGE 52
TENURE AS CEO 2.4 years
CEO Bio

Mr. Nick Earl has been the Chief Executive Officer and President at Glu Mobile Inc. since November 10, 2016. Mr. Earl served as the President of Global Studios at Glu Mobile, Inc. from November 5, 2015 to November 10, 2016. A twenty-year game industry veteran, Mr. Earl joined Glu from Kabam Inc. He served as the President of Kabam Global Studios at Kabam, Inc. from November 2014 to September 2015. Mr. Earl served as the President of Worldwide Studios at Kabam from November 2014 to September 2015. From September 2001 to October 2014, Mr. Earl served in several management positions at Electronic Arts, Mr. Earl served as Senior Vice President and General Manager of EA Mobile at Electronic Arts. He also led EA’s transition from premium to free-to-play business model. From 1999 to 2001, Mr. Earl served as VP Product Development at Eidos. Mr. Earl served as a Senior Vice President and Group General Manager of EA Games, launching such console franchises as Knockout Kings, James Bond, Tiger WoodsPGA Tour, The Godfather, The Simpsons, Lord of the Rings and Dead Space. He has been a Director of Glu Mobile Inc. since December 15, 2016. From April 1993 to March 1999, Mr. Earl served as an executive producer / GM at The 3DO Company. Mr. Earl holds a Bachelor of Arts degree in Economics from the University of California, Berkeley.

CEO Compensation
  • Nick's compensation has increased whilst company is loss making.
  • Nick's remuneration is higher than average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the Glu Mobile management team in years:

2.4
Average Tenure
47
Average Age
  • The tenure for the Glu Mobile management team is about average.
Management Team

Niccolo de Masi

TITLE
Executive Chairman
COMPENSATION
$375K
AGE
38

Nick Earl

TITLE
President
COMPENSATION
$3M
AGE
52
TENURE
2.4 yrs

Eric Ludwig

TITLE
Executive VP
COMPENSATION
$3M
AGE
49
TENURE
10.7 yrs

Scott Leichtner

TITLE
VP, General Counsel & Corporate Secretary
COMPENSATION
$1M
AGE
47
TENURE
8.6 yrs

Chris Akhavan

TITLE
Chief Revenue Officer
COMPENSATION
$2M
AGE
35
TENURE
2.9 yrs

Gordon Lee

TITLE
VP of Accounting & Principal Accounting Officer
AGE
39
TENURE
1.8 yrs

Tim Wilson

TITLE
Chief Technology Officer
COMPENSATION
$1M
AGE
62
TENURE
3.5 yrs

Harman Singh

TITLE
Vice President of Finance & Investor Relations
TENURE
1.2 yrs

Mike Olsen

TITLE
Senior Vice President of Studios
TENURE
2.3 yrs

Chuck Elberti

TITLE
Senior Vice President of Revenue Platform
TENURE
0.8 yrs
Board of Directors Tenure

Average tenure and age of the Glu Mobile board of directors in years:

3.3
Average Tenure
52
Average Age
  • The tenure for the Glu Mobile board of directors is about average.
Board of Directors

Nick Earl

TITLE
President
COMPENSATION
$3M
AGE
52
TENURE
2.3 yrs

Ben Smith

TITLE
Lead Director
COMPENSATION
$223K
AGE
50
TENURE
3 yrs

Niccolo de Masi

TITLE
Executive Chairman
COMPENSATION
$375K
AGE
38
TENURE
4.3 yrs

Eric R. Ball

TITLE
Independent Director
COMPENSATION
$178K
AGE
54
TENURE
5.5 yrs

Greg Brandeau

TITLE
Independent Director
COMPENSATION
$165K
AGE
56
TENURE
3.7 yrs

Hany Nada

TITLE
Independent Director
COMPENSATION
$173K
AGE
49
TENURE
14 yrs

Ann Mather

TITLE
Independent Director
COMPENSATION
$163K
AGE
58
TENURE
13.6 yrs

Ben Feder

TITLE
Director
AGE
54
TENURE
2.3 yrs

Gabrielle Toledano

TITLE
Director
COMPENSATION
$109K
AGE
51
TENURE
1.3 yrs

Darla Anderson

TITLE
Director
TENURE
0.1 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
07. Dec 18 Sell Benjamin Smith Individual 06. Dec 18 06. Dec 18 -129,595 €6.51 €-843,407
10. Aug 18 Sell Eric R. Ball Individual 08. Aug 18 08. Aug 18 -25,000 €5.57 €-139,181
01. Jun 18 Sell Gordon Lee Individual 31. May 18 31. May 18 -15,756 €4.82 €-75,937
X
Management checks
We assess Glu Mobile's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Glu Mobile has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

Glu Mobile Inc. develops, publishes, and markets a portfolio of free-to-play mobile games for the users of smartphones and tablet devices. The company publishes titles primarily in four genres, including home décor, sports and action, fashion and celebrity, and time management. It creates games based on its own brands, Blood & Glory, Contract Killer, Cooking Dash, Deer Hunter, Diner Dash, Eternity Warriors, Frontline Commando, Gun Bros, QuizUp, and Tap Sports. The company also creates games based on third-party licensed brands, such as Kim Kardashian: Hollywood, MLB Tap Sports Baseball, and Restaurant Dash with Gordon Ramsay. It markets, sells, and distributes its games primarily through direct-to-consumer digital storefronts worldwide. The company was formerly known as Sorrent, Inc. and changed its name to Glu Mobile Inc. in May 2005. Glu Mobile Inc. was founded in 2001 and is headquartered in San Francisco, California.

Details
Name: Glu Mobile Inc.
F2P
Exchange: DB
Founded: 2001
$1,360,722,344
144,120,408
Website: http://www.glu.com
Address: Glu Mobile Inc.
875 Howard Street,
Suite 100,
San Francisco,
California, 94103,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqGS GLUU Common Stock Nasdaq Global Select US USD 22. Mar 2007
DB F2P Common Stock Deutsche Boerse AG DE EUR 22. Mar 2007
LSE 0QZL Common Stock London Stock Exchange GB USD 22. Mar 2007
Number of employees
Current staff
Staff numbers
659
Glu Mobile employees.
Industry
Interactive Home Entertainment
Media
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/22 21:13
End of day share price update: 2019/04/18 00:00
Last estimates confirmation: 2019/04/21
Last earnings filing: 2019/02/28
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.