Globe International
Market Cap
AU$236.8m
Last Updated
2021/07/31 08:19 UTC
Data Sources
Company Financials
Executive Summary
Globe International Limited, together with its subsidiaries, designs, produces, and distributes purpose-built apparel, footwear, and skateboard hard goods for the board sports, street fashion, and work wear markets in Australia, North America, Europe, and internationally. More Details
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet with outstanding track record.
Share Price & News
How has Globe International's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: GLB is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: GLB's weekly volatility (5%) has been stable over the past year.
Market Performance
7 Day Return
5.7%
GLB
-0.2%
AU Luxury
-0.1%
AU Market
1 Year Return
353.2%
GLB
69.9%
AU Luxury
27.3%
AU Market
Return vs Industry: GLB exceeded the Australian Luxury industry which returned 69.8% over the past year.
Return vs Market: GLB exceeded the Australian Market which returned 27.8% over the past year.
Shareholder returns
| GLB | Industry | Market | |
|---|---|---|---|
| 7 Day | 5.7% | -0.2% | -0.1% |
| 30 Day | 0.2% | 0.6% | 1.5% |
| 90 Day | 14.7% | 12.7% | 4.4% |
| 1 Year | 380.7%353.2% | 71.8%69.9% | 31.9%27.3% |
| 3 Year | 425.9%329.3% | 76.4%67.7% | 32.7%16.8% |
| 5 Year | 502.7%326.1% | 149.0%127.5% | 62.5%31.0% |
Long-Term Price Volatility Vs. Market
How volatile is Globe International's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall St
Is Globe International Limited (ASX:GLB) Popular Amongst Insiders?2 months ago | Simply Wall St
Globe International (ASX:GLB) Is Achieving High Returns On Its Capital2 months ago | Simply Wall St
What To Know Before Buying Globe International Limited (ASX:GLB) For Its DividendValuation
Is Globe International undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: GLB (A$5.71) is trading below our estimate of fair value (A$144.81)
Significantly Below Fair Value: GLB is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: GLB is good value based on its PE Ratio (13.5x) compared to the Global Luxury industry average (19x).
PE vs Market: GLB is good value based on its PE Ratio (13.5x) compared to the Australian market (20.5x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate GLB's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: GLB is overvalued based on its PB Ratio (4.3x) compared to the XX Luxury industry average (1.2x).
Future Growth
How is Globe International forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
17.2%
Forecasted Consumer Durables industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Globe International has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Past Performance
How has Globe International performed over the past 5 years?
20.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GLB has high quality earnings.
Growing Profit Margin: GLB's current net profit margins (8.8%) are higher than last year (4.9%).
Past Earnings Growth Analysis
Earnings Trend: GLB's earnings have grown significantly by 20% per year over the past 5 years.
Accelerating Growth: GLB's earnings growth over the past year (123.8%) exceeds its 5-year average (20% per year).
Earnings vs Industry: GLB earnings growth over the past year (123.8%) exceeded the Luxury industry 6.6%.
Return on Equity
High ROE: GLB's Return on Equity (32%) is considered high.
Financial Health
How is Globe International's financial position?
Financial Position Analysis
Short Term Liabilities: GLB's short term assets (A$97.1M) exceed its short term liabilities (A$49.0M).
Long Term Liabilities: GLB's short term assets (A$97.1M) exceed its long term liabilities (A$3.4M).
Debt to Equity History and Analysis
Debt Level: GLB's debt to equity ratio (2.4%) is considered satisfactory.
Reducing Debt: GLB's debt to equity ratio has reduced from 16% to 2.4% over the past 5 years.
Debt Coverage: GLB's debt is well covered by operating cash flow (2744.9%).
Interest Coverage: GLB's interest payments on its debt are well covered by EBIT (40.6x coverage).
Balance Sheet
Dividend
What is Globe International current dividend yield, its reliability and sustainability?
3.15%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: GLB's dividend (3.15%) is higher than the bottom 25% of dividend payers in the Australian market (1.99%).
High Dividend: GLB's dividend (3.15%) is low compared to the top 25% of dividend payers in the Australian market (4.98%).
Stability and Growth of Payments
Stable Dividend: GLB's dividend payments have been volatile in the past 10 years.
Growing Dividend: GLB's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (42.7%), GLB's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
18.7yrs
Average management tenure
CEO
Matt Hill
16.75yrs
Tenure
AU$1,223,817
Compensation
Mr. Matthew Patrick Hill, also known as Matt, has been the Chief Executive Officer of Globe International Ltd., since September 16, 2004. Mr. Hill serves as Global Strategic Development of Osata Enterprise...
CEO Compensation Analysis
Compensation vs Market: Matt's total compensation ($USD899.07K) is above average for companies of similar size in the Australian market ($USD460.47K).
Compensation vs Earnings: Matt's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: GLB's management team is seasoned and experienced (18.7 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: GLB insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Globe International Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Globe International Limited
- Ticker: GLB
- Exchange: ASX
- Founded: 1984
- Industry: Apparel, Accessories and Luxury Goods
- Sector: Consumer Durables
- Market Cap: AU$236.758m
- Shares outstanding: 41.46m
- Website: https://www.globecorporate.com
Location
- Globe International Limited
- 1 Fennell Street
- Port Melbourne
- Victoria
- 3207
- Australia
Listings
Biography
Globe International Limited, together with its subsidiaries, designs, produces, and distributes purpose-built apparel, footwear, and skateboard hard goods for the board sports, street fashion, and work wea...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/07/31 08:19 |
| End of Day Share Price | 2021/07/29 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/06/30 |
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.