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GLBE

Global-e Online NasdaqGS:GLBE Stock Report

Last Price

US$22.60

Market Cap

US$3.5b

7D

23.5%

1Y

-62.5%

Updated

27 Jun, 2022

Data

Company Financials +
GLBE fundamental analysis
Snowflake Score
Valuation1/6
Future Growth2/6
Past Performance0/6
Financial Health6/6
Dividends0/6

GLBE Stock Overview

Global-E Online Ltd., together with its subsidiaries, provides a platform to enable and accelerate direct-to-consumer cross-border e-commerce in Israel, the United Kingdom, the United States, and internationally.

Global-e Online Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Global-e Online
Historical stock prices
Current Share PriceUS$22.60
52 Week HighUS$83.77
52 Week LowUS$15.63
Beta0
1 Month Change11.44%
3 Month Change-36.45%
1 Year Change-62.50%
3 Year Changen/a
5 Year Changen/a
Change since IPO-11.37%

Recent News & Updates

Jun 23

Global-e Online Shares Dip Below IPO Price, Finding Support

Global-e Online has been a rough ride since its $25 IPO in May 2021. After more than tripling in a few months, the stock has fully round-tripped. Two recent acquisitions present opportunities and risks while the stock price hovers below the IPO price. Near-term support offers a swing-long opportunity.

May 20
Global-e Online Ltd. (NASDAQ:GLBE) Consensus Forecasts Have Become A Little Darker Since Its Latest Report

Global-e Online Ltd. (NASDAQ:GLBE) Consensus Forecasts Have Become A Little Darker Since Its Latest Report

It's been a pretty great week for Global-e Online Ltd. ( NASDAQ:GLBE ) shareholders, with its shares surging 13% to...

Shareholder Returns

GLBEUS Online RetailUS Market
7D23.5%10.3%6.6%
1Y-62.5%-39.5%-18.4%

Return vs Industry: GLBE underperformed the US Online Retail industry which returned -39.5% over the past year.

Return vs Market: GLBE underperformed the US Market which returned -18.4% over the past year.

Price Volatility

Is GLBE's price volatile compared to industry and market?
GLBE volatility
GLBE Average Weekly Movement15.3%
Online Retail Industry Average Movement13.0%
Market Average Movement8.1%
10% most volatile stocks in US Market16.6%
10% least volatile stocks in US Market3.2%

Stable Share Price: GLBE is more volatile than 75% of US stocks over the past 3 months, typically moving +/- 15% a week.

Volatility Over Time: GLBE's weekly volatility (15%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
2013473Amir Schlachethttps://www.global-e.com

Global-E Online Ltd., together with its subsidiaries, provides a platform to enable and accelerate direct-to-consumer cross-border e-commerce in Israel, the United Kingdom, the United States, and internationally. Its platform enables international shoppers to buy online and merchants to sell from, and to, worldwide. Global-E Online Ltd.

Global-e Online Fundamentals Summary

How do Global-e Online's earnings and revenue compare to its market cap?
GLBE fundamental statistics
Market CapUS$3.54b
Earnings (TTM)-US$126.77m
Revenue (TTM)US$275.45m

12.8x

P/S Ratio

-27.9x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
GLBE income statement (TTM)
RevenueUS$275.45m
Cost of RevenueUS$172.20m
Gross ProfitUS$103.25m
Other ExpensesUS$230.02m
Earnings-US$126.77m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-0.81
Gross Margin37.48%
Net Profit Margin-46.02%
Debt/Equity Ratio0%

How did GLBE perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is GLBE undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for GLBE?

Other financial metrics that can be useful for relative valuation.

GLBE key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue11.9x
Enterprise Value/EBITDA448.5x
PEG Ration/a

Price to Sales Ratio vs Peers

How does GLBE's PS Ratio compare to its peers?

GLBE PS Ratio vs Peers
The above table shows the PS ratio for GLBE vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPSEstimated GrowthMarket Cap
Peer Average2x
FTCH Farfetch
1.5x15.1%US$3.4b
SSU SIGNA Sports United
2.2x23.8%US$2.3b
DADA Dada Nexus
2.1x29.6%US$2.2b
RVLV Revolve Group
2.1x18.1%US$2.1b
GLBE Global-e Online
12.8x28.8%US$3.5b

Price-To-Sales vs Peers: GLBE is expensive based on its Price-To-Sales Ratio (12.8x) compared to the peer average (2x).


Price to Earnings Ratio vs Industry

How does GLBE's PE Ratio compare vs other companies in the US Online Retail Industry?

Price-To-Sales vs Industry: GLBE is expensive based on its Price-To-Sales Ratio (12.8x) compared to the US Online Retail industry average (1x)


Price to Sales Ratio vs Fair Ratio

What is GLBE's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

GLBE PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio12.8x
Fair PS Ratio2.7x

Price-To-Sales vs Fair Ratio: GLBE is expensive based on its Price-To-Sales Ratio (12.8x) compared to the estimated Fair Price-To-Sales Ratio (2.7x).


Share Price vs Fair Value

What is the Fair Price of GLBE when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: GLBE ($22.6) is trading below our estimate of fair value ($23.08)

Significantly Below Fair Value: GLBE is trading below fair value, but not by a significant amount.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate GLBE's PEG Ratio to determine if it is good value.


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Future Growth

How is Global-e Online forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?

Future Growth Score

2/6

Future Growth Score 2/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


15.0%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: GLBE is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: GLBE is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: GLBE is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: GLBE's revenue (28.8% per year) is forecast to grow faster than the US market (8.4% per year).

High Growth Revenue: GLBE's revenue (28.8% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: GLBE is forecast to be unprofitable in 3 years.


Discover growth companies

Past Performance

How has Global-e Online performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-81.4%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: GLBE is currently unprofitable.

Growing Profit Margin: GLBE is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: GLBE is unprofitable, and losses have increased over the past 5 years at a rate of 81.4% per year.

Accelerating Growth: Unable to compare GLBE's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: GLBE is unprofitable, making it difficult to compare its past year earnings growth to the Online Retail industry (-18.3%).


Return on Equity

High ROE: GLBE has a negative Return on Equity (-13.53%), as it is currently unprofitable.


Discover strong past performing companies

Financial Health

How is Global-e Online's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: GLBE's short term assets ($382.1M) exceed its short term liabilities ($125.0M).

Long Term Liabilities: GLBE's short term assets ($382.1M) exceed its long term liabilities ($18.2M).


Debt to Equity History and Analysis

Debt Level: GLBE is debt free.

Reducing Debt: GLBE had no debt 5 years ago.


Balance Sheet


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.

Stable Cash Runway: Whilst unprofitable GLBE has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: GLBE is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 47.3% per year.


Discover healthy companies

Dividend

What is Global-e Online current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate GLBE's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate GLBE's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if GLBE's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if GLBE's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as GLBE has not reported any payouts.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

1.4yrs

Average management tenure


CEO

Amir Schlachet (44 yo)

9.08yrs

Tenure

Mr. Amir Schlachet is the Co-Founder and Chief Executive Officer of Globale U.K. Limited. Mr. Schlachet is a Co-Founder of Global-E Online Ltd.and has been its Chief Executive Officer since May 1, 2013. H...


Leadership Team

Experienced Management: GLBE's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.


Board Members

Experienced Board: GLBE's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 8.3%.


Top Shareholders

Company Information

Global-e Online Ltd.'s employee growth, exchange listings and data sources


Key Information

  • Name: Global-e Online Ltd.
  • Ticker: GLBE
  • Exchange: NasdaqGS
  • Founded: 2013
  • Industry: Internet and Direct Marketing Retail
  • Sector: Retail
  • Implied Market Cap: US$3.536b
  • Shares outstanding: 156.47m
  • Website: https://www.global-e.com

Number of Employees


Location

  • Global-e Online Ltd.
  • 25 Basel Street
  • Petah Tikva
  • 4951038
  • Israel

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/27 00:00
End of Day Share Price2022/06/27 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


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.