Globe International
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Globe International Limited, together with its subsidiaries, produces and distributes purpose-built apparel, footwear, and skateboard hardgoods for the board sports, street fashion, and work wear markets. The last earnings update was 88 days ago. More info.
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- Globe International has significant price volatility in the past 3 months.
GLB Share Price and Events
7 Day Returns
1 Year Returns
GLB Shareholder Return
| 7 Day | 30 Day | 90 Day | 1 Year | 3 Year | 5 Year | |
|---|---|---|---|---|---|---|
| Globe International (GLB) | 1.2% | -1.2% | -25.3% | 17.9% | 42.5% | 280% |
| AU Luxury | 0.7% | 1% | 17.5% | 2.3% | 41.8% | 75.1% |
| AU Market | 1.1% | 1.6% | 4.1% | 2.6% | 17.9% | 7.7% |
1 Year Return vs Industry and Market
- GLB outperformed the Luxury industry which returned 2.3% over the past year.
- GLB outperformed the Market in Australia which returned 2.6% over the past year.
Value
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
Globe International
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.
Below are the data sources, inputs and calculation used to determine the intrinsic value for Globe International.
| Data Point | Source | Value |
|---|---|---|
| Valuation Model | 2 Stage Free Cash Flow to Equity | |
| Levered Free Cash Flow | Extrapolated from most recent financials. | See below |
| Discount Rate (Cost of Equity) | See below | 7.2% |
| Perpetual Growth Rate | 10-Year AU Government Bond Rate | 2.3% |
An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.
| Data Point | Calculation/ Source | Result |
|---|---|---|
| Risk-Free Rate | 10-Year AU Govt Bond Rate | 2.3% |
| Equity Risk Premium | S&P Global | 6% |
| Luxury Unlevered Beta | Simply Wall St/ S&P Global | 0.72 |
| Re-levered Beta | = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.72 (1 + (1- 30%) (0%)) |
0.812 |
| Levered Beta | Levered Beta limited to 0.8 to 2.0 (practical range for a stable firm) |
0.81 |
| Discount Rate/ Cost of Equity |
= Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.31% + (0.812 * 5.96%) |
7.15% |
Discounted Cash Flow Calculation for ASX:GLB using 2 Stage Free Cash Flow to Equity Model
The calculations below outline how an intrinsic value for Globe International 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.
| Levered FCF (AUD, Millions) | Source |
Present Value Discounted (@ 7.15%) |
|
|---|---|---|---|
| 2019 | 0.19 | Est @ -51.54% | 0.17 |
| 2020 | 0.12 | Est @ -35.38% | 0.10 |
| 2021 | 0.09 | Est @ -24.07% | 0.07 |
| 2022 | 0.08 | Est @ -16.16% | 0.06 |
| 2023 | 0.07 | Est @ -10.62% | 0.05 |
| 2024 | 0.06 | Est @ -6.74% | 0.04 |
| 2025 | 0.06 | Est @ -4.02% | 0.04 |
| 2026 | 0.06 | Est @ -2.12% | 0.03 |
| 2027 | 0.06 | Est @ -0.79% | 0.03 |
| 2028 | 0.06 | Est @ 0.14% | 0.03 |
| Present value of next 10 years cash flows | A$0.63 | ||
| Calculation | Result | |
|---|---|---|
| Terminal Value |
= FCF2028
× (1 + g) ÷ (Discount Rate – g)
= A$0.06 × (1 + 2.31%) ÷ (7.15% – 2.31%) |
A$1.26 |
| Present Value of Terminal Value |
= Terminal Value ÷ (1 + r)10
= A$1.26 ÷ (1 + 7.15%)10 |
A$0.63 |
| Calculation | Result | |
|---|---|---|
| Total Equity Value |
= Present value of next 10 years cash flows +
Terminal Value
= A$0.63 + A$0.63 |
A$1.26 |
| Equity Value per Share (AUD) |
= Total value / Shares Outstanding
= A$1.26 / 41.46 |
A$0.03 |
| Calculation | Result | |
|---|---|---|
| Value per share (AUD) | From above. | A$0.03 |
| Current discount | Discount to share price of
A$1.71
= -1 x (A$1.71 - A$0.03) / A$0.03 |
-5515.4% |
Learn more about our DCF calculations in Simply Wall St’s analysis model .
- The current share price of Globe International is above its future cash flow value.
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 Globe International's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are
Globe International's earnings available for a low price, and how does
this compare to other companies in the same industry?
| Data Point | Source | Value |
|---|---|---|
| Earnings Per Share * | Company Filings (2018-12-31) in AUD | A$0.22 |
| ASX:GLB Share Price ** | ASX (2019-05-20) in AUD | A$1.71 |
| Global Luxury Industry PE Ratio | Median Figure of 430 Publicly-Listed Luxury Companies | 12.59x |
| Australia Market PE Ratio | Median Figure of 542 Publicly-Listed Companies | 15.99x |
* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.
** Primary Listing of Globe International.
| Calculation | Outcome | |
|---|---|---|
| PE Ratio | = ASX:GLB Share Price ÷ EPS (both in AUD) = 1.71 ÷ 0.22 |
7.63x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Globe International is good value based on earnings compared to the Global Luxury industry average.
- Globe International is good value based on earnings compared to the Australia market.
Price based on expected Growth
Does
Globe International's expected growth come at a high price?
| Data Point | Source | Value |
|---|---|---|
| PE Ratio | See PE Ratio Section | 7.63x |
| Net Income Annual Growth Rate | See Future Growth Section. Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts |
-11.7%per year |
| Global Luxury Industry PEG Ratio | Median Figure of 116 Publicly-Listed Luxury Companies | 1.31x |
| Australia Market PEG Ratio | Median Figure of 359 Publicly-Listed Companies | 1.44x |
*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 Globe International, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on
Globe International's
assets?
| Data Point | Source | Value |
|---|---|---|
| Book Value per Share | Company Filings (2018-12-31) in AUD | A$1.05 |
| ASX:GLB Share Price * | ASX (2019-05-20) in AUD | A$1.71 |
| Australia Luxury Industry PB Ratio | Median Figure of 6 Publicly-Listed Luxury Companies | 0.22x |
| Australia Market PB Ratio | Median Figure of 1,676 Publicly-Listed Companies | 1.65x |
| Calculation | Outcome | |
|---|---|---|
| PB Ratio | = ASX:GLB Share Price ÷ Book Value per Share (both in AUD) = 1.71 ÷ 1.05 |
1.63x |
* Primary Listing of Globe International.
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Globe International is overvalued based on assets compared to the AU Luxury industry average.
Value checks
We assess Globe International's value by looking at:- 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. )
- Is the PE ratio less than the market average, and/ or less than the Luxury industry average (and greater than 0)? (2 checks)
- Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
- Is the PB ratio less than the Luxury industry average (and greater than 0)? (1 check) Globe International 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
- No analysts cover Globe International, future earnings growth has been estimated based on fundamentals.
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!
Earnings growth vs Low Risk Savings
- Globe International's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 2.3%.
Growth vs Market Checks
- Globe International's earnings are expected to decrease over the next 1-3 years, this is below the Australia market average.
- Unable to compare Globe International's revenue growth to the Australia market average as no estimate data is available.
Annual Growth Rates Comparison
| Data Point | Source | Value (per year) |
|---|---|---|
| ASX:GLB Future Earnings Growth Rate | Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts | -11.7% |
| Australia Luxury Industry Earnings Growth Rate | Market Cap Weighted Average | -4.6% |
| Global Luxury Industry Revenue Growth Rate | Market Cap Weighted Average | 7.7% |
| Australia Market Earnings Growth Rate | Market Cap Weighted Average | 6.9% |
| Australia Market Revenue Growth Rate | Market Cap Weighted Average | 3.2% |
*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
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (4 months ago) | See Below |
| Future Estimates | Average of up to 0 Analyst Estimates (S&P Global) | See Below |
| Date (Data in AUD Millions) | Revenue | Cash Flow | Net Income * |
|---|---|---|---|
| 2018-12-31 | 156 | 2 | 9 |
| 2018-09-30 | 152 | 6 | 9 |
| 2018-06-30 | 148 | 11 | 8 |
| 2018-03-31 | 144 | 10 | 7 |
| 2017-12-31 | 140 | 9 | 6 |
| 2017-09-30 | 140 | 10 | 6 |
| 2017-06-30 | 140 | 11 | 5 |
| 2017-03-31 | 141 | 10 | 5 |
| 2016-12-31 | 142 | 10 | 4 |
| 2016-09-30 | 147 | 3 | 5 |
| 2016-06-30 | 151 | -3 | 5 |
| 2016-03-31 | 151 | -4 | 5 |
*GAAP earnings excluding extraordinary items.
Past and Future Earnings per Share
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (4 months ago) | See Below |
| Future Estimates | Average of up to 0 Analyst Estimates (S&P Global) | See Below |
All data from Globe International Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in AUD Millions) | EPS * |
|---|---|
| 2018-12-31 | 0.22 |
| 2018-09-30 | 0.21 |
| 2018-06-30 | 0.20 |
| 2018-03-31 | 0.17 |
| 2017-12-31 | 0.14 |
| 2017-09-30 | 0.13 |
| 2017-06-30 | 0.12 |
| 2017-03-31 | 0.11 |
| 2016-12-31 | 0.10 |
| 2016-09-30 | 0.11 |
| 2016-06-30 | 0.11 |
| 2016-03-31 | 0.12 |
*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.
- Unable to establish if Globe International will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
Future performance checks
We assess Globe International's future performance by looking at:- Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
- Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Australia market? (1 check)
- Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Global market? (1 check)
- Is the annual earnings growth rate expected to be above 20%? (1 check)
- Is the annual revenue growth rate expected to be above 20%? (1 check)
- Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Globe International has a total score of 0/6, 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 Globe International 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
Past Earnings growth analysis
- Globe International has delivered over 20% year on year earnings growth in the past 5 years.
- Globe International's 1-year earnings growth is less than its 5-year average (55% vs 59.1%)
- Globe International's earnings growth has exceeded the Global Luxury industry average in the past year (55% vs 14.6%).
Earnings and Revenue History
All data from Globe International Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in AUD Millions) | Revenue | Net Income * | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 2018-12-31 | 155.62 | 9.29 | 62.90 | |
| 2018-09-30 | 151.67 | 8.87 | 61.90 | |
| 2018-06-30 | 147.73 | 8.44 | 60.90 | |
| 2018-03-31 | 143.86 | 7.22 | 59.80 | |
| 2017-12-31 | 140.00 | 5.99 | 58.70 | |
| 2017-09-30 | 140.24 | 5.54 | 58.49 | |
| 2017-06-30 | 140.48 | 5.08 | 58.27 | |
| 2017-03-31 | 141.44 | 4.71 | 57.99 | |
| 2016-12-31 | 142.40 | 4.33 | 57.71 | |
| 2016-09-30 | 146.61 | 4.54 | 58.88 | |
| 2016-06-30 | 150.82 | 4.74 | 60.05 | |
| 2016-03-31 | 150.75 | 4.89 | 60.33 | |
| 2015-12-31 | 150.68 | 5.04 | 60.61 | |
| 2015-09-30 | 144.22 | 4.38 | 58.97 | |
| 2015-06-30 | 137.76 | 3.72 | 57.33 | |
| 2015-03-31 | 128.21 | -3.91 | 54.90 | |
| 2014-12-31 | 118.65 | -11.54 | 52.47 | |
| 2014-09-30 | 111.33 | -11.92 | 49.13 | |
| 2014-06-30 | 104.01 | -12.30 | 45.78 | |
| 2014-03-31 | 97.74 | -8.80 | 44.84 | |
| 2013-12-31 | 91.48 | -5.29 | 43.90 | |
| 2013-09-30 | 87.83 | -5.62 | 42.85 | |
| 2013-06-30 | 84.17 | -5.96 | 41.81 | |
| 2013-03-31 | 85.05 | -3.26 | 39.96 | |
| 2012-12-31 | 85.92 | -0.55 | 38.12 | |
| 2012-09-30 | 85.20 | -0.24 | 37.91 | |
| 2012-06-30 | 84.47 | 0.06 | 37.71 |
*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.
- Globe International has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).
- Globe International used its assets more efficiently than the Global Luxury industry average last year based on Return on Assets.
- Globe International has improved its use of capital last year versus 3 years ago (Return on Capital Employed).
Past performance checks
We assess Globe International's performance over the past 5 years by checking for:- Has earnings increased in past 5 years? (1 check)
- Has the earnings growth in the last year exceeded that of the Luxury industry? (1 check)
- Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
- Is the Return on Equity (ROE) higher than 20%? (1 check)
- Is the Return on Assets (ROA) above industry average? (1 check)
- Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
Globe International has a total score of 5/6, 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 Globe International'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 Globe International's finances.
The net worth of a company is the difference between its assets and liabilities.
- Globe International is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
- Globe International's cash and other short term assets cover its long term commitments.
Balance sheet
Assets
Liabilities and shares
- High level of physical assets or inventory.
- Globe International 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.
All data from Globe International Company Filings, last reported 4 months ago.
| Date (Data in AUD Millions) | Total Equity | Total Debt | Cash & Short Term Investments |
|---|---|---|---|
| 2018-12-31 | 43.50 | 0.00 | 9.87 |
| 2018-09-30 | 43.50 | 0.00 | 9.87 |
| 2018-06-30 | 41.05 | 0.00 | 16.80 |
| 2018-03-31 | 41.05 | 0.00 | 16.80 |
| 2017-12-31 | 36.80 | 0.00 | 13.57 |
| 2017-09-30 | 36.80 | 0.00 | 13.57 |
| 2017-06-30 | 35.23 | 0.00 | 10.81 |
| 2017-03-31 | 35.23 | 0.00 | 10.81 |
| 2016-12-31 | 34.92 | 4.59 | 13.70 |
| 2016-09-30 | 34.92 | 4.59 | 13.70 |
| 2016-06-30 | 33.01 | 4.95 | 9.02 |
| 2016-03-31 | 33.01 | 4.95 | 9.02 |
| 2015-12-31 | 32.93 | 5.28 | 7.30 |
| 2015-09-30 | 32.93 | 5.28 | 7.30 |
| 2015-06-30 | 31.28 | 0.00 | 10.30 |
| 2015-03-31 | 31.28 | 0.00 | 10.30 |
| 2014-12-31 | 30.19 | 0.00 | 8.91 |
| 2014-09-30 | 30.19 | 0.00 | 8.91 |
| 2014-06-30 | 26.43 | 1.47 | 9.61 |
| 2014-03-31 | 26.43 | 1.47 | 9.61 |
| 2013-12-31 | 40.56 | 2.44 | 11.55 |
| 2013-09-30 | 40.56 | 2.44 | 11.55 |
| 2013-06-30 | 39.07 | 0.00 | 6.41 |
| 2013-03-31 | 39.07 | 0.00 | 6.41 |
| 2012-12-31 | 43.26 | 0.00 | 8.88 |
| 2012-09-30 | 43.26 | 0.00 | 8.88 |
| 2012-06-30 | 45.00 | 0.00 | 10.16 |
- Globe International has no debt.
- Globe International has no debt compared to 5 years ago when it was 6%.
- Globe International has no debt, it does not need to be covered by operating cash flow.
- Globe International has no debt, therefore coverage of interest payments is not a concern.
Financial health checks
We assess Globe International's financial health by checking for:- Are short term assets greater than short term liabilities? (1 check)
- Are short term assets greater than long term liabilities? (1 check)
- Has the debt to equity ratio increased in the past 5 years? (1 check)
- Is the debt to equity ratio over 40%? (1 check)
- Is the debt covered by operating cash flow? (1 check)
- Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check) Globe International has a total score of 6/6, see the detailed checks below.
- Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
- 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 Globe International'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
If you bought
A$2,000 of
Globe International
shares you are expected to receive
A$140
in your first year as a dividend.
Dividend Amount
- Globe International's pays a higher dividend yield than the bottom 25% of dividend payers in Australia (2.65%).
- Globe International's dividend is above the markets top 25% of dividend payers in Australia (5.83%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not
wildly increasing/decreasing each year. This graph shows you the historical rate
to count toward your assessment of the stock.We also check to see if the dividend has increased in the past 10 years.
| Data Point | Source | Value |
|---|---|---|
| Past Annualized Dividend Yield | S&P Global Market Data | See Below |
| Past Dividends per Share | Company Filings/ Annualized Dividend Payments | See Below |
| Future Dividends per Share Estimates | Average of up to 0 Analyst Estimates (S&P Global) | See Below |
| Global Luxury Industry Average Dividend Yield | Market Cap Weighted Average of 236 Stocks | 1.7% |
| Australia Market Average Dividend Yield | Market Cap Weighted Average of 415 Stocks | 4.3% |
| Australia Minimum Threshold Dividend Yield | 10th Percentile | 1.5% |
| Australia Bottom 25% Dividend Yield | 25th Percentile | 2.6% |
| Australia Top 25% Dividend Yield | 75th Percentile | 5.8% |
Industry and Market average data is calculated daily.
Note all dividend per share amounts are annualized and not quarterly or other period.
| Date (Data in A$) | Dividend per share (annual) | Avg. Yield (%) |
|---|---|---|
| 2019-02-25 | 0.120 | 6.968 |
| 2018-08-23 | 0.120 | 5.415 |
| 2018-02-22 | 0.100 | 7.617 |
| 2017-08-22 | 0.100 | 8.936 |
| 2017-02-22 | 0.060 | 6.445 |
| 2016-08-23 | 0.060 | 5.702 |
| 2015-08-21 | 0.080 | 6.083 |
| 2015-02-27 | 0.060 | 5.523 |
| 2014-02-26 | 0.000 | 0.000 |
| 2013-08-26 | 0.000 | 0.000 |
| 2012-08-21 | 0.025 | 6.338 |
| 2011-08-18 | 0.050 | 13.126 |
| 2010-08-26 | 0.050 | 9.296 |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Globe International has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).
- Dividend payments have increased, but Globe International only paid a dividend in the past 9 years.
Income/ dividend checks
We assess Globe International's dividend by checking for:- Firstly is the company paying a notable dividend (greater than 1.5%) - if not then the rest of the checks are ignored.
- Is current dividend yield above the bottom 25% of dividend payers? (1 check)
- Is current dividend yield above the top 25% of dividend payers? (1 check)
- Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
- If they have paid a dividend for 10 years has it increased in this time? (1 check)
- How sustainable is the dividend, can Globe International afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks) Globe International has a total score of 3/6, see the detailed checks below.
Full details on the Dividends part of the Simply Wall St company analysis model.
Management
CEO
| COMPENSATION | A$1,503,560 |
| TENURE AS CEO | 14.7 years |
CEO Bio
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 Enterprises Inc., a Controlled Entity of Globe International Ltd. Mr. Hill has spent the past 10 years in Los Angeles where he established Globe North America and headed the group's strategic development in the US. He started in the warehouse, came up through marketing, promotions, sales and product and then onto managerial roles - spending six years with Globe International in Australia before setting off to the US in 1995. Mr. Hill's brothers Stephen and Peter joined the BRW rich list when they crystallised their teenage passion for skateboarding into a $400 million fortune by listing Globe on the Australian Stock Exchange in May, 2001.
CEO Compensation
- Matt's compensation has been consistent with company performance over the past year, both up more than 20%.
- Matt's remuneration is higher than average for companies of similar size in Australia.
Management Team Tenure
Average tenure and age of the Globe International management team in years:
- The average tenure for the Globe International management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team
Matt Hill
Chief Executive Officer
A$2M
14.7 yrs
Peter Hill
Co-Founder & Executive Director
A$409K
54
34.3 yrs
Stephen Hill
Co-Founder & Executive Director
A$410K
56
34.3 yrs
Jessica Moelands
Chief Financial Officer
A$474K
Gary Valentine
COO & President of North America
A$589K
8.2 yrs
Matt Wong
President of Global Product
A$403K
Jon Moses
President of Australasia
A$578K
9.3 yrs
Steve Douglas
Vice President of Marketing
A$266K
Gerhard Correa
Company Secretary & Financial Controller
A$166K
57
14.5 yrs
John Sherwood
Vice President of North American Sales
A$243K
Board of Directors
Norman O’Bryan
Chairman of Board
60
0.5 yrs
Peter Hill
Co-Founder & Executive Director
A$409K
54
Stephen Hill
Co-Founder & Executive Director
A$410K
56
Who owns this company?
Recent Insider Transactions
| Announced | Type | Name | Entity | Role | Start | End | Shares | Max Price (A$) | Value (A$) | |
|---|---|---|---|---|---|---|---|---|---|---|
| 24. Aug 18 | Buy | Stephen Hill | Individual | 23. Aug 18 | 23. Aug 18 | 19,500 | A$1.52 | A$29,640 | ||
Management checks
We assess Globe International's management by checking for:- Is the CEO's compensation unreasonable compared to market cap? (1 check)
- Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
- Is the average tenure of the management team less than 2 years? (1 check)
- Is the average tenure of the board of directors team less than 3 years? (1 check) Globe International 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
Does Globe International Limited's (ASX:GLB) CEO Salary Reflect Performance?
Check out our latest analysis for Globe International How Does Matt Hill's Compensation Compare With Similar Sized Companies? … At the time of writing our data says that Globe International Limited has a market cap of AU$71m, and is paying total annual CEO compensation of AU$1.5m. … We compared total CEO remuneration at Globe International Limited with the amount paid at companies with a similar market capitalization.
Simply Wall St - – Full articleWhy Globe International Limited (ASX:GLB) Could Be Your Next Investment
Help shape the future of investing tools and you could win a $250 gift card! … By this I mean, I look at stocks holistically, from their financial health to their future outlook. … is a company with great financial health as well as a
Simply Wall St - – Full articleCan Globe International Limited's (ASX:GLB) ROE Continue To Surpass The Industry Average?
Globe International has a ROE of 21%, based on the last twelve months. … That means that for every A$1 worth of shareholders' equity, it generated A$0.21 in profit. … Return on Equity = Net Profit ÷ Shareholders' Equity
Simply Wall St - – Full articleIf You Like EPS Growth Then Check Out Globe International (ASX:GLB) Before It's Too Late
If, on the other hand, you like companies that have revenue, and even earn profits, then you may well be interested in Globe International (ASX:GLB). … How Quickly Is Globe International Increasing Earnings Per Share. … I like to take a look at earnings before interest and (EBIT) tax margins, as well as revenue growth, to get another take on the quality of the company's growth.
Simply Wall St - – Full articleGlobe International Limited (ASX:GLB) Is Employing Capital Very Effectively
To be precise, we'll consider its Return On Capital Employed (ROCE), as that will inform our view of the quality of the business. … What is Return On Capital Employed (ROCE)? … The formula for calculating the return on capital employed is:
Simply Wall St - – Full articleHow Does Globe International Limited (ASX:GLB) Fare As A Dividend Stock?
A sizeable part of portfolio returns can be produced by dividend stocks due to their contribution to compounding returns in the long run. … Historically, Globe International Limited (ASX:GLB) has been paying a dividend to shareholders. … Let's dig deeper into whether Globe International should have a place in your portfolio.
Simply Wall St - – Full articleDid You Miss Globe International's Whopping 574% Share Price Gain?
During the five years of share price growth, Globe International moved from a loss to profitability. … We can see that the Globe International share price is up 80% in the last three years. … This EPS growth is higher than the 22% average annual increase in the share price over the same three years.
Simply Wall St - – Full articleDoes Globe International Limited (ASX:GLB) Have A Good P/E Ratio?
The goal of this article is to teach you how to use price to earnings ratios (P/E ratios). … Based on the last twelve months, Globe International's P/E ratio is 11.3. … Price to Earnings Ratio = Price per Share ÷ Earnings per Share (EPS)
Simply Wall St - – Full articleA Closer Look At Globe International Limited's (ASX:GLB) Impressive ROE
Our data shows Globe International has a return on equity of 21% for the last year. … One way to conceptualize this, is that for each A$1 of shareholders' equity it has, the company made A$0.21 in profit. … Return on Equity = Net Profit ÷ Shareholders' Equity
Simply Wall St - – Full articleCan We See Significant Insider Ownership On The Globe International Limited (ASX:GLB) Share Register?
The big shareholder groups in Globe International Limited (ASX:GLB) have power over the company. … With a market capitalization of AU$95m, Globe International is a small cap stock, so it might not be well known by many institutional investors. … View our latest analysis for Globe International
Simply Wall St - – Full articleCompany Info
Description
Globe International Limited, together with its subsidiaries, produces and distributes purpose-built apparel, footwear, and skateboard hardgoods for the board sports, street fashion, and work wear markets. The company markets its products under various proprietary brands, such as Globe, Salty Crew, FXD, Dwindle, Almost, Enjoi, Blind, Darkstar, Tensor, Dusters, and Impala Skates. It also licenses and distributes third party brands, such as Stüssy, Obey, M/SF/T, XLarge, Andalé, Kryptonics, Pro-Tec, and Hardcore. The company offers its products directly and through third party distributors, as well as through Globe branded retail stores in approximately 100 countries. Globe International Limited was founded in 1984 and is based in Port Melbourne, Australia.
Details
| Name: | Globe International Limited |
| GLB | |
| Exchange: | ASX |
| Founded: | 1984 |
| A$70,903,128 | |
| 41,463,818 | |
| Website: | http://www.globecorporate.com |
| Address: |
Globe International Limited 1 Fennell Street, Port Melbourne, Victoria, 3207, Australia |
Listings
| Exchange Symbol | Ticker Symbol | Security | Exchange | Country | Currency | Listed on | |
|---|---|---|---|---|---|---|---|
| ASX | GLB | Ordinary Shares | Australian Securities Exchange | AU | AUD | 28. May 2001 |
Number of employees
Current staff
Industry
| Apparel, Accessories and Luxury Goods | |
| Consumer Durables |
Company Analysis and Financial Data Status
| Area | Date (UTC time) |
|---|---|
| Company Analysis updated: | 2019/05/20 10:33 |
| End of day share price update: | 2019/05/20 00:00 |
| Last earnings filing: | 2019/02/21 |
| Last earnings reported: | 2018/12/31 |
| Last annual earnings reported: | 2018/06/30 |
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.
