Activision Blizzard leads gaming market space
In this series, we’ll look at the top five players in the gaming market. We’ll compare their market capitalizations, enterprise values, margins, revenues, earnings growth, dividend yields, and valuations.
Activision Blizzard (ATVI) is the largest gaming company in the world with a market cap (capitalization) of approximately $48.4 billion and an EV (enterprise value) of $49.5 billion. A company’s market cap is calculated by multiplying its total outstanding shares by its current stock price.
EV is considered a more comprehensive way to calculate a company’s total value. It’s calculated as market cap plus debt, preferred shares, and minority interest minus cash and cash equivalents.
Electronic Arts (EA) has a market cap of $36.4 billion and an EV of $33.0 billion. Take-Two Interactive Software (TTWO) has a market cap of $10.8 billion and an EV of $9.7 billion. Online gaming company Zynga (ZNGA) has a market cap of $3.3 billion and an EV of $2.6 billion. GameStop (GME) is the fifth-largest gaming company in the United States (SPY) with a market cap of $3.3 billion and an EV of $2.6 billion.
While ATVI, EA, and TTWO lead the overall gaming market, Zynga is more focused on the Internet gaming space.