Loading...

Zynga

Nasdaq:ZNGA
Snowflake Description

Adequate balance sheet with reasonable growth potential.

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

Zynga Inc. develops, markets, and operates social games as live services in the United States and internationally. The last earnings update was 50 days ago. More info.


Add to Portfolio Compare Print
ZNGA Share Price and Events
7 Day Returns
-3.3%
NasdaqGS:ZNGA
1.5%
US Entertainment
1.4%
US Market
1 Year Returns
47.5%
NasdaqGS:ZNGA
6%
US Entertainment
4.9%
US Market
ZNGA Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Zynga (ZNGA) -3.3% -3.1% 11.6% 47.5% 142.6% 83.4%
US Entertainment 1.5% 4.8% 9% 6% 78.7% 90.3%
US Market 1.4% 3.8% 3.5% 4.9% 44.8% 40.1%
1 Year Return vs Industry and Market
  • ZNGA outperformed the Entertainment industry which returned 6% over the past year.
  • ZNGA outperformed the Market in United States of America which returned 4.9% over the past year.
Price Volatility
ZNGA
Industry
5yr Volatility vs Market
Related Companies

Value

 Is Zynga 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 Zynga 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 Zynga.

NasdaqGS:ZNGA Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 10 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 8.5%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

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 NasdaqGS:ZNGA
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6%
Entertainment Unlevered Beta Simply Wall St/ S&P Global 0.93
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.934 (1 + (1- 21%) (2.35%))
0.968
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)
= 2.73% + (0.968 * 5.96%)
8.5%

Discounted Cash Flow Calculation for NasdaqGS:ZNGA using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Zynga 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.

NasdaqGS:ZNGA DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 8.5%)
2019 199.03 Analyst x4 183.44
2020 309.94 Analyst x5 263.30
2021 236.65 Analyst x2 185.29
2022 100.20 Analyst x1 72.31
2023 120.70 Analyst x1 80.28
2024 90.66 Est @ -24.89% 55.58
2025 75.61 Est @ -16.6% 42.72
2026 67.44 Est @ -10.8% 35.12
2027 62.89 Est @ -6.74% 30.19
2028 60.44 Est @ -3.9% 26.74
Present value of next 10 years cash flows $974.98
NasdaqGS:ZNGA DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= $60.44 × (1 + 2.73%) ÷ (8.5% – 2.73%)
$1,076.71
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $1,076.71 ÷ (1 + 8.5%)10
$476.36
NasdaqGS:ZNGA Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $974.98 + $476.36
$1,451.34
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $1,451.34 / 935.28
$1.55
NasdaqGS:ZNGA Discount to Share Price
Calculation Result
Value per share (USD) From above. $1.55
Current discount Discount to share price of $5.87
= -1 x ($5.87 - $1.55) / $1.55
-278.3%

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

  • The current share price of Zynga is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
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 Zynga's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Zynga's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NasdaqGS:ZNGA PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in USD $-0.14
NasdaqGS:ZNGA Share Price ** NasdaqGS (2019-06-25) in USD $5.87
United States of America Entertainment Industry PE Ratio Median Figure of 23 Publicly-Listed Entertainment Companies 29.78x
United States of America Market PE Ratio Median Figure of 3,095 Publicly-Listed Companies 17.73x

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

** Primary Listing of Zynga.

NasdaqGS:ZNGA PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

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

= 5.87 ÷ -0.14

-43.25x

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

  • Zynga is loss making, we can't compare its value to the US Entertainment industry average.
  • Zynga is loss making, we can't compare the value of its earnings to the United States of America market.
Price based on expected Growth
Does Zynga's expected growth come at a high price?
Raw Data
NasdaqGS:ZNGA PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -43.25x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 10 Analysts
123.2%per year
United States of America Entertainment Industry PEG Ratio Median Figure of 18 Publicly-Listed Entertainment Companies 2.66x
United States of America Market PEG Ratio Median Figure of 2,133 Publicly-Listed Companies 1.53x

*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 Zynga, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Zynga's assets?
Raw Data
NasdaqGS:ZNGA PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in USD $1.87
NasdaqGS:ZNGA Share Price * NasdaqGS (2019-06-25) in USD $5.87
United States of America Entertainment Industry PB Ratio Median Figure of 63 Publicly-Listed Entertainment Companies 3.21x
United States of America Market PB Ratio Median Figure of 5,255 Publicly-Listed Companies 1.79x
NasdaqGS:ZNGA PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 5.87 ÷ 1.87

3.14x

* Primary Listing of Zynga.

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

  • Zynga is good value based on assets compared to the US Entertainment industry average.
X
Value checks
We assess Zynga'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. Zynga has a total score of 1/6, 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 Zynga expected to perform in the next 1 to 3 years based on estimates from 10 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
123.2%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Zynga expected to grow at an attractive rate?
  • Zynga's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • Zynga's earnings growth is expected to exceed the United States of America market average.
  • Zynga's revenue growth is expected to exceed the United States of America market average.
Annual Growth Rates Comparison
Raw Data
NasdaqGS:ZNGA Future Growth Rates Data Sources
Data Point Source Value (per year)
NasdaqGS:ZNGA Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 10 Analysts 123.2%
NasdaqGS:ZNGA Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 10 Analysts 12.7%
United States of America Entertainment Industry Earnings Growth Rate Market Cap Weighted Average 16.6%
United States of America Entertainment Industry Revenue Growth Rate Market Cap Weighted Average 11.7%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 13.9%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.4%

*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
NasdaqGS:ZNGA Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 10 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NasdaqGS:ZNGA Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-12-31 1,941 639 2
2022-12-31 1,842 574 2
2021-12-31 1,738 445 146 4
2020-12-31 1,558 350 61 10
2019-12-31 1,249 234 -188 10
NasdaqGS:ZNGA Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-03-31 964 174 -119
2018-12-31 907 168 15
2018-09-30 892 105 28
2018-06-30 883 99 36
2018-03-31 875 95 42
2017-12-31 861 94 27
2017-09-30 819 96 -22
2017-06-30 776 82 -82
2017-03-31 749 59 -91
2016-12-31 741 60 -108
2016-09-30 737 36 -124
2016-06-30 750 10 -79

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Zynga's earnings are expected to grow significantly at over 20% yearly.
  • Zynga's revenue is expected to grow by 12.7% 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
NasdaqGS:ZNGA Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 10 Analyst Estimates (S&P Global) See Below

All data from Zynga Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGS:ZNGA Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-12-31 0.44 0.44 0.44 1.00
2022-12-31 0.40 0.40 0.40 1.00
2021-12-31 0.24 0.35 0.16 3.00
2020-12-31 0.12 0.52 -0.04 9.00
2019-12-31 -0.21 -0.16 -0.24 8.00
NasdaqGS:ZNGA Past Financials Data
Date (Data in USD Millions) EPS *
2019-03-31 -0.14
2018-12-31 0.02
2018-09-30 0.03
2018-06-30 0.04
2018-03-31 0.05
2017-12-31 0.03
2017-09-30 -0.02
2017-06-30 -0.09
2017-03-31 -0.10
2016-12-31 -0.12
2016-09-30 -0.14
2016-06-30 -0.09

*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.
  • Zynga is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Zynga'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 United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America 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.
Zynga has a total score of 4/6, 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 Zynga 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 Zynga'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.
  • Zynga does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Zynga's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Zynga's 1-year growth to the US Entertainment industry average as it is not currently profitable.
Earnings and Revenue History
Zynga'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 Zynga Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGS:ZNGA Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 964.38 -118.98 374.59 280.28
2018-12-31 907.21 15.46 322.88 264.73
2018-09-30 891.80 27.82 315.60 257.43
2018-06-30 883.15 35.71 315.01 247.91
2018-03-31 875.34 41.71 312.96 245.26
2017-12-31 861.39 26.63 307.95 254.57
2017-09-30 818.65 -21.72 291.48 277.20
2017-06-30 776.48 -81.55 283.29 296.69
2017-03-31 748.98 -91.09 274.70 313.97
2016-12-31 741.42 -108.17 274.33 329.58
2016-09-30 736.65 -123.94 296.59 324.96
2016-06-30 749.96 -79.15 296.45 323.79
2016-03-31 768.15 -101.57 309.37 343.45
2015-12-31 764.72 -121.51 291.52 341.75
2015-09-30 771.50 -115.44 301.32 369.37
2015-06-30 752.37 -175.55 314.54 384.31
2015-03-31 705.68 -211.21 310.06 364.39
2014-12-31 690.41 -225.90 325.03 396.55
2014-09-30 674.23 -206.02 310.66 348.79
2014-06-30 700.19 -149.03 283.30 336.45
2014-03-31 777.70 -102.30 284.56 380.40
2013-12-31 873.27 -36.98 267.32 413.00
2013-09-30 1,008.07 -60.30 265.49 466.37
2013-06-30 1,122.13 -112.96 282.24 540.96
2013-03-31 1,223.88 -119.96 311.32 587.95
2012-12-31 1,281.27 -209.45 370.93 645.65
2012-09-30 1,281.34 -565.20 557.38 958.50
2012-06-30 1,271.53 -512.48 565.56 917.70

*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 Zynga has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Zynga has efficiently used its assets last year compared to the US Entertainment industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Zynga 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 Zynga'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.
Zynga 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 Zynga'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 Zynga's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Zynga's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Zynga's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Zynga'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.
  • Debt is covered by short term assets, assets are 4.8x debt.
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 Zynga Company Filings, last reported 2 months ago.

NasdaqGS:ZNGA Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 1,741.73 100.00 246.42
2018-12-31 1,596.61 100.00 581.22
2018-09-30 1,616.44 0.00 420.28
2018-06-30 1,599.59 0.00 392.18
2018-03-31 1,643.87 0.00 635.43
2017-12-31 1,641.24 0.00 681.38
2017-09-30 1,630.13 0.00 772.23
2017-06-30 1,576.91 0.00 738.98
2017-03-31 1,560.63 0.00 720.44
2016-12-31 1,580.66 0.00 852.47
2016-09-30 1,646.85 0.00 870.82
2016-06-30 1,667.96 0.00 868.44
2016-03-31 1,676.78 0.00 857.46
2015-12-31 1,786.90 0.00 987.25
2015-09-30 1,920.43 0.00 1,069.72
2015-06-30 1,901.17 0.00 1,058.82
2015-03-31 1,873.14 0.00 950.44
2014-12-31 1,895.69 0.00 916.52
2014-09-30 1,930.88 0.00 825.76
2014-06-30 1,969.68 0.00 727.24
2014-03-31 1,989.12 0.00 782.20
2013-12-31 1,877.27 0.00 1,125.50
2013-09-30 1,872.75 0.00 1,098.22
2013-06-30 1,862.00 0.00 1,115.27
2013-03-31 1,863.50 100.00 1,268.68
2012-12-31 1,825.50 100.00 1,284.77
2012-09-30 1,853.73 100.00 1,323.04
2012-06-30 1,863.00 100.00 1,216.94
  • Zynga's level of debt (5.7%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (0% vs 5.7% today).
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 Zynga has sufficient cash runway for more than 3 years if it maintains the current positive free cash flow level.
  • Whilst loss making Zynga has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by % per year.
X
Financial health checks
We assess Zynga'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. Zynga has a total score of 4/6, 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 Zynga'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 Zynga dividends. Estimated to be 0% next year.
If you bought $2,000 of Zynga 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 Zynga's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Zynga'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
NasdaqGS:ZNGA 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 10 Analyst Estimates (S&P Global) See Below
United States of America Entertainment Industry Average Dividend Yield Market Cap Weighted Average of 11 Stocks 1.2%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2012 Stocks 2.4%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America 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.

NasdaqGS:ZNGA Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31 0.00 4.00
2020-12-31 0.00 5.00
2019-12-31 0.00 5.00

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

  • Unable to perform a dividend volatility check as Zynga has not reported any payouts.
  • Unable to verify if Zynga's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Zynga's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Zynga has not reported any payouts.
Future Payout to shareholders
  • No need to calculate the sustainability of Zynga's dividends in 3 years as they are not expected to pay a notable one for United States of America.
X
Income/ dividend checks
We assess Zynga'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 Zynga afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Zynga 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 Zynga'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
Frank Gibeau
COMPENSATION $9,903,704
AGE 49
TENURE AS CEO 3.3 years
CEO Bio

Mr. Frank D. Gibeau has been the Chief Executive Officer of Zynga, Inc. since March 7, 2016. Mr. Gibeau served as an Executive Vice President of EA Mobile at Electronic Arts Inc. since September 2013 until May 18, 2015 and served as its President of EA Label from August 4, 2011 to September 2013 and served as its President of EA Games Label from June 2007 to August 2011. He is a mobile, PC and console gaming industry veteran, with 25 years of experience in interactive entertainment. Mr. Gibeau served as an Executive Vice President and General Manager of North American Publishing of Electronic Arts Inc. since September 2005. He served as Senior Vice President of North American Marketing of Electronic Arts Inc., from 2002 to September 2005. He was responsible for numerous innovative and award-winning marketing campaigns is responsible for all aspects of the North American Publishing Division. He was responsible for product development, worldwide product management, marketing and planning for all packaged goods and online offerings within the EA brand including Need for Speed, Medal of Honor, Burnout, Army of Two, Battlefield, Command & Conquer, Skate, Warhammer and many more. While at EA, Mr. Gibeau also served as Executive Producer of the major motion picture "Need For Speed," which was released in 2014. Mr. Gibeau held various publishing positions since joining Electronic Arts Inc. in 1991. Mr. Gibeau is currently Chairman of the Corporate Advisory Board for the Marshall School of Business at the University of Southern California. He serves as Director at Zynga, Inc. since August 2015. He served as a Director of Cooliris, Inc. He holds a BS Degree from the University of Southern California and a M.B.A from Santa Clara University.

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

Average tenure and age of the Zynga management team in years:

2.8
Average Tenure
50
Average Age
  • The tenure for the Zynga management team is about average.
Management Team

Mark Pincus

TITLE
Founder & Non Executive Chairman
COMPENSATION
$275K
AGE
52
TENURE
12.4 yrs

Frank Gibeau

TITLE
CEO & Director
COMPENSATION
$10M
AGE
49
TENURE
3.3 yrs

James Griffin

TITLE
Chief Financial Officer
COMPENSATION
$4M
AGE
51
TENURE
2.8 yrs

Matt Bromberg

TITLE
Chief Operating Officer
COMPENSATION
$4M
AGE
51
TENURE
2.8 yrs

Phuong Phillips

TITLE
Chief Legal Officer & Secretary
COMPENSATION
$1M
AGE
41
TENURE
1.8 yrs

Bernard Kim

TITLE
President of Publishing
COMPENSATION
$5M
AGE
42
TENURE
3 yrs

Jeffrey Buckley

TITLE
Chief Accounting Officer
AGE
34
TENURE
2.1 yrs

Rebecca Lau

TITLE
Director of Investor Relations & Corporate Finance

Jeff Ryan

TITLE
Chief People Officer
AGE
51
TENURE
1.5 yrs
Board of Directors Tenure

Average tenure and age of the Zynga board of directors in years:

4.4
Average Tenure
58.5
Average Age
  • The tenure for the Zynga board of directors is about average.
Board of Directors

Frank Gibeau

TITLE
CEO & Director
COMPENSATION
$10M
AGE
49
TENURE
3.8 yrs

Regina Dugan

TITLE
Independent Director
COMPENSATION
$265K
AGE
55
TENURE
4.9 yrs

Mark Pincus

TITLE
Founder & Non Executive Chairman
COMPENSATION
$275K
AGE
52
TENURE
12.2 yrs

Lou Lavigne

TITLE
Lead Independent Director
COMPENSATION
$355K
AGE
69
TENURE
2.1 yrs

Janice Roberts

TITLE
Independent Director
COMPENSATION
$325K
AGE
62
TENURE
2.3 yrs

Bing Gordon

TITLE
Director
COMPENSATION
$949K
AGE
68
TENURE
10.9 yrs

Ellen Siminoff

TITLE
Independent Director
COMPENSATION
$260K
AGE
50
TENURE
6.9 yrs

Carol Mills

TITLE
Independent Director
COMPENSATION
$312K
AGE
64
TENURE
2.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
X
Management checks
We assess Zynga'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. Zynga 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

Is Zynga Inc.'s (NASDAQ:ZNGA) CEO Overpaid Relative To Its Peers?

This analysis aims first to contrast CEO compensation with other companies that have similar market capitalization. … View our latest analysis for Zynga How Does Frank Gibeau's Compensation Compare With Similar Sized Companies? … I think that the total shareholder return of 133%, over three years, would leave most Zynga Inc.

Simply Wall St -

Zynga Inc. (NASDAQ:ZNGA): Financial Strength Analysis

However, history shows that overlooked mid-cap companies have performed better on a risk-adjusted manner than the smaller and larger segment of the market. … Today we will look at ZNGA’s financial liquidity and debt levels, which are strong indicators for whether the company can weather economic downturns or fund strategic acquisitions for future growth. … Remember this is a very top-level look that focuses exclusively on financial health, so I recommend a deeper analysis.

Simply Wall St -

Can You Imagine How Chuffed Zynga's (NASDAQ:ZNGA) Shareholders Feel About Its 123% Share Price Gain?

We think revenue is probably a better guide. … Zynga's revenue trended up 7.4% each year over three years. … The chart below shows how revenue and earnings have changed with time, (if you click on the chart you can see the actual values)

Simply Wall St -

How Much Of Zynga Inc. (NASDAQ:ZNGA) Do Institutions Own?

Institutions often own shares in more established companies, while it's not unusual to see insiders own a fair bit of smaller companies. … We also tend to see lower insider ownership in companies that were previously publicly owned. … We can zoom in on the different ownership groups, to learn more about ZNGA

Simply Wall St -

Does Zynga Inc.'s (NASDAQ:ZNGA) CEO Salary Compare Well With Others?

First, this article will compare CEO compensation with compensation at similar sized companies. … Third, we'll reflect on the total return to shareholders over three years, as a second measure of business performance. … How Does Frank Gibeau's Compensation Compare With Similar Sized Companies?

Simply Wall St -

Why Zynga Inc.’s (NASDAQ:ZNGA) Return On Capital Employed Might Be A Concern

Specifically, we're going to calculate its Return On Capital Employed (ROCE), in the hopes of getting some insight into the business. … Understanding Return On Capital Employed (ROCE). … ROCE measures the 'return' (pre-tax profit) a company generates from capital employed in its business.

Simply Wall St -

Is Zynga Inc.'s (NASDAQ:ZNGA) Liquidity Good Enough?

This article will examine ZNGA’s financial liquidity and debt levels to get an idea of whether the company can deal with cyclical downturns and maintain funds to accommodate strategic spending for future growth. … Don’t forget that this is a general and concentrated examination of Zynga's financial health, so you should conduct further analysis. … See our latest analysis for Zynga

Simply Wall St -

Why Zynga Inc. (NASDAQ:ZNGA) Is An Attractive Investment To Consider

(NASDAQ:ZNGA) is a company with exceptional fundamental characteristics. … Upon building up an investment case for a stock, we should look at various aspects. … In the case of ZNGA, it

Simply Wall St -

A Closer Look At Zynga Inc's (NASDAQ:ZNGA) Uninspiring ROE

With that in mind, this article will work through how we can use Return On Equity (ROE) to better understand a business. … That means that for every $1 worth of shareholders' equity, it generated $0.017 in profit. … Return on Equity = Net Profit ÷ Shareholders' Equity

Simply Wall St -

Is Zynga Inc's (NASDAQ:ZNGA) CEO Overpaid Relative To Its Peers?

This report will, first, examine the CEO compensation levels in comparison to CEO compensation at companies of similar size. … How Does Frank Gibeau's Compensation Compare With Similar Sized Companies. … When we examined a selection of companies with market caps ranging from US$2.0b to US$6.4b, we found the median CEO compensation was US$5m

Simply Wall St -

Company Info

Description

Zynga Inc. develops, markets, and operates social games as live services in the United States and internationally. The company’s games are played on mobile platforms, such as Apple iOS and Google’s Android operating systems, as well as on social networking sites, such as Facebook. It also provides advertising services comprising mobile and display ads, engagement ads and offers, and branded virtual items and sponsorships to advertising agencies and brokers; and licenses its own brands. The company was formerly known as Zynga Game Network Inc. and changed its name to Zynga Inc. in November 2010. Zynga Inc. was founded in 2007 and is headquartered in San Francisco, California.

Details
Name: Zynga Inc.
ZNGA
Exchange: NasdaqGS
Founded: 2007
$5,490,109,930
935,282,782
Website: http://www.zynga.com
Address: Zynga Inc.
699 Eighth Street,
San Francisco,
California, 94103,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqGS ZNGA Class A Common Stock Nasdaq Global Select US USD 16. Dec 2011
DB ZY3 Class A Common Stock Deutsche Boerse AG DE EUR 16. Dec 2011
LSE 0R0J Class A Common Stock London Stock Exchange GB USD 16. Dec 2011
SWX ZNGA Class A Common Stock SIX Swiss Exchange CH CHF 16. Dec 2011
Number of employees
Current staff
Staff numbers
1,777
Zynga employees.
Industry
Interactive Home Entertainment
Media
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/06/26 00:56
End of day share price update: 2019/06/25 00:00
Last estimates confirmation: 2019/06/21
Last earnings filing: 2019/05/07
Last earnings reported: 2019/03/31
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.