Global Blue Group Holding AG

NYSE:GB Stock Report

Market Cap: US$1.8b

This company has been acquired

The company may no longer be operating, as it has been acquired. Find out why through their latest events.

Global Blue Group Holding Future Growth

Future criteria checks 0/6

We currently don't have sufficient analyst coverage to forecast growth and revenue for Global Blue Group Holding.

Key information

n/a

Earnings growth rate

n/a

EPS growth rate

Diversified Financial earnings growth8.3%
Revenue growth raten/a
Future return on equityn/a
Analyst coverage

Low

Last updated04 Jun 2025

Recent future growth updates

Recent updates

Seeking Alpha • Feb 19

Global Blue: Takeover Offer Comes At Only A Slight Premium (Rating Downgrade)

Summary Global Blue has entered into an agreement with Shift4 to be acquired at $7.5 per share. Preliminary Q3 results show that Adjusted EBITDA is likely to end up close to the upper end of full year guidance. Given the modest premium, the valuation remains attractive at 19.1 times FCF. I am expecting the deal to be completed, and therefore downgrading GB stock to a Hold. Read the full article on Seeking Alpha
Analysis Article • Jan 03

Earnings Tell The Story For Global Blue Group Holding AG (NYSE:GB) As Its Stock Soars 27%

The Global Blue Group Holding AG ( NYSE:GB ) share price has done very well over the last month, posting an excellent...
Seeking Alpha • Dec 01

Global Blue Q2: Guidance Lowered, But Outlook Remains Positive

Summary Revenue was up 17% year over year in Q2, while adjusted EBITDA grew 25%, underscoring the operating leverage in the business. The company’s growth outlook remains solid, despite the slightly lowered full-year adjusted EBITDA guidance. Valuation remains attractive at 16.3 times FCF, as the company continues to deleverage while benefiting from a falling interest rate environment. I therefore maintain my Buy rating on the shares. Read the full article on Seeking Alpha
User avatar
New Narrative • Nov 24

Expanding Horizons And Tech Innovation Drive Exceptional Growth Potential

Geographic expansion and regulatory changes are expected to open new revenue streams and boost market penetration in tax-free shopping solutions.
Seeking Alpha • Sep 16

Global Blue Q1: Strong FCF Generation Set To Accelerate Its Deleveraging

Summary Shares are up 10% since Q1 earnings, where Global Blue achieved year-over-year revenue growth of 25%. Adjusted EBITDA margin rose 700 basis points to 36.5%, as the business exhibits strong operating leverage. The outlook is promising, and the company remains well on track to achieve management’s target of €200 million in adjusted EBITDA for FY25. The valuation remains compelling with an EV/Adjusted EBITDA multiple of 8.4, leading me to reaffirm my Buy rating. Read the full article on Seeking Alpha
Analysis Article • Sep 13

Global Blue Group Holding AG's (NYSE:GB) Shares Leap 27% Yet They're Still Not Telling The Full Story

Global Blue Group Holding AG ( NYSE:GB ) shares have had a really impressive month, gaining 27% after a shaky period...
Analysis Article • Jul 30

A Piece Of The Puzzle Missing From Global Blue Group Holding AG's (NYSE:GB) Share Price

There wouldn't be many who think Global Blue Group Holding AG's ( NYSE:GB ) price-to-sales (or "P/S") ratio of 2.6x is...
Seeking Alpha • May 08

Global Blue: Leveraging Its Near-Monopoly Status To Drive More Growth

Summary Global Blue is the dominant player with 70% market share in tax free shopping. The business is showing strong revenue growth and even higher profit growth due to its capital light operating model. The company is deleveraging rapidly, and at today’s undemanding valuation, Global Blue provides investors with an attractive risk-reward. Read the full article on Seeking Alpha
Analysis Article • Jan 30

Fewer Investors Than Expected Jumping On Global Blue Group Holding AG (NYSE:GB)

There wouldn't be many who think Global Blue Group Holding AG's ( NYSE:GB ) price-to-sales (or "P/S") ratio of 2.5x is...
Seeking Alpha • Dec 24

Global Blue: This Forgotten Market Leader Could Be Set To Double

Summary Global Blue is a market leader in tax-free shopping refunds, with a 70% market share and long-standing relationships with retailers. The company has experienced strong business recovery and momentum, with revenue and operating margin surpassing pre-COVID levels. The rebound of Chinese tourism could further boost Global Blue's figures, although reduced spending by Chinese tourists is a potential concern. The stock is very attractively valued if the company can deliver lower end of its financial guidance in three years, and the stock could be set to double. Read the full article on Seeking Alpha
Analysis Article • Aug 23

Revenues Not Telling The Story For Global Blue Group Holding AG (NYSE:GB) After Shares Rise 29%

Global Blue Group Holding AG ( NYSE:GB ) shares have had a really impressive month, gaining 29% after a shaky period...
Seeking Alpha • Oct 04

Global Blue acquires majority stake in Shipup

Global Blue (NYSE:GB) has acquired a majority stake in Shipup. The transaction is expected to close by October-end. The acquisition is expected to enrich GB's post-purchase offering. "With more than half, 56%, of shoppers currently disappointed by the e-commerce post-purchase experience, Shipup's technology represents a powerful solution to a major challenge for our retail partners," Tomas Mostany, Global Blue's SVP of strategy and chief product officer, said. Source: Press Release
Seeking Alpha • Jun 29

Global Blue Group Holding  GAAP EPS of -€0.48, revenue of €125.9M

Global Blue Group Holding  press release (NYSE:GB): FY GAAP EPS of -€0.48. Revenue of €125.9M (+181.7% Y/Y).

Earnings and Revenue Growth Forecasts

NYSE:GB - Analysts future estimates and past financials data (EUR Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
3/31/202656877N/A1941
3/31/202550884110161N/A
12/31/202448665104152N/A
9/30/202446445110157N/A
6/30/20244463094136N/A
3/31/20244221481120N/A
12/31/202340421101140N/A
9/30/2023381982120N/A
6/30/2023350-2340N/A
3/31/2023311-26-1915N/A
12/31/2022264-52-55-27N/A
9/30/2022216-77-109-84N/A
6/30/2022165-61-118-96N/A
3/31/2022126-97-87-66N/A
12/31/202197-120-107-87N/A
9/30/202173-152-158-137N/A
6/30/202154-434-178-157N/A
3/31/202145-434-124-103N/A
12/31/2020117-402-39-10N/A
9/30/2020213-340105139N/A
6/30/2020314-58167203N/A
3/31/2020420-4152189N/A
12/31/201943912135170N/A
9/30/2019430677111N/A
6/30/2019421479113N/A
3/31/2019413281114N/A
3/31/201842116N/A85N/A
3/31/201741826N/A112N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if GB's forecast earnings growth is above the savings rate (2.9%).

Earnings vs Market: Insufficient data to determine if GB's earnings are forecast to grow faster than the US market

High Growth Earnings: Insufficient data to determine if GB's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: Insufficient data to determine if GB's revenue is forecast to grow faster than the US market.

High Growth Revenue: Insufficient data to determine if GB's revenue is forecast to grow faster than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if GB's Return on Equity is forecast to be high in 3 years time

Discover growth companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/07/02 06:33
End of Day Share Price 2025/07/02 00:00
Earnings2025/03/31
Annual Earnings2025/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Global Blue Group Holding AG is covered by 1 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Rayna KumarOppenheimer & Co. Inc.