Globant S.A.

NYSE:GLOB Stock Report

Market Cap: US$9.0b

Globant Valuation

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

Valuation Score

1/6

Valuation Score 1/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

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

Below Fair Value: GLOB ($215.7) is trading above our estimate of fair value ($154.67)

Significantly Below Fair Value: GLOB is trading above our estimate of fair value.

Key Valuation Metric

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

Key metric: As GLOB is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for GLOB. This is calculated by dividing GLOB's market cap by their current earnings.
What is GLOB's PE Ratio?
PE Ratio54.9x
EarningsUS$169.46m
Market CapUS$9.00b

Price to Earnings Ratio vs Peers

How does GLOB's PE Ratio compare to its peers?

The above table shows the PE ratio for GLOB vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average57.3x
DOX Amdocs
19.4x15.5%US$9.5b
EPAM EPAM Systems
29.6x10.1%US$12.9b
ASGN ASGN
20.5x11.3%US$3.7b
DXC DXC Technology
159.7x60.4%US$3.8b
GLOB Globant
54.9x20.1%US$9.0b

Price-To-Earnings vs Peers: GLOB is good value based on its Price-To-Earnings Ratio (54.9x) compared to the peer average (57.3x).

Price to Earnings Ratio vs Industry

How does GLOB's PE Ratio compare vs other companies in the US IT Industry?

5 CompaniesPrice / EarningsEstimated GrowthMarket Cap
TAOP Taoping
1.1xn/aUS$2.35m
GTCH GBT Technologies
0.1xn/aUS$1.68m
DLTI DLT Resolution
0.3xn/aUS$228.03k
TMNA Agri-Fintech Holdings
0.0004xn/aUS$129.25k
GLOB 54.9xIndustry Avg. 44.3xNo. of Companies5PE020406080100+
5 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: GLOB is expensive based on its Price-To-Earnings Ratio (54.9x) compared to the US IT industry average (44.8x).

Price to Earnings Ratio vs Fair Ratio

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

GLOB PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio54.9x
Fair PE Ratio36.3x

Price-To-Earnings vs Fair Ratio: GLOB is expensive based on its Price-To-Earnings Ratio (54.9x) compared to the estimated Fair Price-To-Earnings Ratio (36.3x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst GLOB forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$215.70
US$231.48
+7.3%
12.3%US$284.00US$140.00n/a23
Nov ’25US$210.12
US$226.30
+7.7%
11.2%US$255.00US$140.00n/a23
Oct ’25US$196.42
US$224.52
+14.3%
11.2%US$255.00US$140.00n/a23
Sep ’25US$202.24
US$222.74
+10.1%
11.0%US$255.00US$140.00n/a23
Aug ’25US$191.71
US$217.64
+13.5%
12.9%US$260.00US$135.00n/a22
Jul ’25US$176.29
US$216.18
+22.6%
13.2%US$260.00US$135.00n/a22
Jun ’25US$161.12
US$216.30
+34.2%
13.6%US$260.00US$135.00n/a20
May ’25US$177.93
US$247.78
+39.3%
9.7%US$290.00US$201.00n/a18
Apr ’25US$201.70
US$257.61
+27.7%
8.9%US$290.00US$201.00n/a18
Mar ’25US$222.28
US$259.22
+16.6%
8.0%US$290.00US$201.00n/a18
Feb ’25US$244.61
US$250.44
+2.4%
10.9%US$283.00US$180.00n/a18
Jan ’25US$237.98
US$228.12
-4.1%
8.8%US$266.00US$180.00n/a17
Dec ’24US$226.50
US$224.56
-0.9%
6.2%US$250.00US$201.00n/a16
Nov ’24US$169.76
US$223.53
+31.7%
6.5%US$250.00US$202.00US$210.1215
Oct ’24US$197.85
US$223.64
+13.0%
6.8%US$250.00US$205.00US$196.4214
Sep ’24US$202.28
US$217.21
+7.4%
7.6%US$240.00US$180.00US$202.2414
Aug ’24US$174.68
US$213.67
+22.3%
8.3%US$240.00US$180.00US$191.7112
Jul ’24US$179.72
US$206.33
+14.8%
9.3%US$240.00US$180.00US$176.2912
Jun ’24US$186.75
US$204.27
+9.4%
9.4%US$240.00US$180.00US$161.1211
May ’24US$156.02
US$208.36
+33.5%
9.2%US$245.00US$180.00US$177.9311
Apr ’24US$164.01
US$212.90
+29.8%
8.5%US$245.00US$180.00US$201.7010
Mar ’24US$166.37
US$212.90
+28.0%
8.5%US$245.00US$180.00US$222.2810
Feb ’24US$166.77
US$227.33
+36.3%
9.2%US$260.00US$198.00US$244.619
Jan ’24US$168.16
US$234.20
+39.3%
6.6%US$260.00US$207.00US$237.9810
Dec ’23US$192.94
US$245.55
+27.3%
13.0%US$320.00US$207.00US$226.5011
Nov ’23US$188.67
US$263.60
+39.7%
12.6%US$320.00US$210.00US$169.7610

Analyst Forecast: Target price is less than 20% higher than the current share price.

Discover undervalued companies

Akamai Technologies

US$13.1b

Provides cloud computing, security, and content delivery services in the United States and internationally.

AKAM

US$87.96

7D

-0.9%

1Y

-22.6%

Dye & Durham

CA$1.2b

Provides cloud-based software and technology solutions for law firms, financial service institutions, sole-practitioner law firms, and government organizations in Canada, Australia, South Africa, Ireland, and the United Kingdom.

DYND.F

CA$13.30

7D

8.6%

1Y

39.5%

Capgemini

€26.4b

Engages in the provision of consulting, digital transformation, technology, and engineering services primarily in North America, France, the United Kingdom, Ireland, the rest of Europe, the Asia-Pacific, and Latin America.

CAPM.F

€159.66

7D

-2.8%

1Y

-18.8%