Globant S.A.

NYSE:GLOB Stock Report

Market Cap: US$9.2b

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.

Discounted Cash Flow
Simply Wall St
US$129.72
Fair Value
62.3% overvalued intrinsic discount
22
Number of Analysts

Below Fair Value: GLOB ($210.57) is trading above our estimate of fair value ($129.72)

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 Ratio53.6x
EarningsUS$169.46m
Market CapUS$9.21b

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
19.6x10.5%US$9.6b
EPAM EPAM Systems
30x10.2%US$13.0b
ASGN ASGN
22.2x10.4%US$3.9b
DXC DXC Technology
157.4x56.6%US$3.7b
GLOB Globant
53.6x21.7%US$9.2b

Price-To-Earnings vs Peers: GLOB is good value based on its Price-To-Earnings Ratio (53.6x) 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?

4 CompaniesPrice / EarningsEstimated GrowthMarket Cap
TAOP Taoping
1xn/aUS$2.13m
GTCH GBT Technologies
0.07xn/aUS$1.68m
DLTI DLT Resolution
0.4xn/aUS$347.13k
COWI CarbonMeta Technologies
0.06xn/aUS$21.99k
No more companies available in this PE range
No. of Companies5PE020406080100+
4 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: GLOB is expensive based on its Price-To-Earnings Ratio (53.6x) compared to the US IT industry average (42.1x).

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 Ratio53.6x
Fair PE Ratio37.8x

Price-To-Earnings vs Fair Ratio: GLOB is expensive based on its Price-To-Earnings Ratio (53.6x) compared to the estimated Fair Price-To-Earnings Ratio (37.8x).

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$210.57
US$238.59
+13.3%
12.9%US$284.00US$140.00n/a22
Jan ’26US$214.42
US$235.39
+9.8%
12.7%US$284.00US$140.00n/a23
Dec ’25US$227.76
US$231.48
+1.6%
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$180.00US$214.4217
Dec ’24US$226.50
US$224.56
-0.9%
6.2%US$250.00US$201.00US$227.7616
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
Analyst Price Target
Consensus Narrative from 22 Analysts
US$238.59
Fair Value
11.7% undervalued intrinsic discount
22
Number of Analysts

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

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/21 22:43
End of Day Share Price 2025/01/21 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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 here.

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 .

Analyst Sources

Globant S.A. is covered by 34 analysts. 23 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jason KupferbergBofA Global Research
Daniel FederleBradesco S.A. Corretora de Títulos e Valores Mobiliários
Osni CarfiBTG Pactual