GLOB Stock Overview
Globant S.A. operates as a technology services company worldwide.
Price History & Performance
|Historical stock prices|
|Current Share Price||US$182.39|
|52 Week High||US$354.62|
|52 Week Low||US$159.56|
|1 Month Change||-16.07%|
|3 Month Change||-29.70%|
|1 Year Change||-14.71%|
|3 Year Change||103.88%|
|5 Year Change||357.58%|
|Change since IPO||1,521.24%|
Recent News & Updates
|GLOB||US IT||US Market|
Return vs Industry: GLOB exceeded the US IT industry which returned -28.1% over the past year.
Return vs Market: GLOB underperformed the US Market which returned -12.9% over the past year.
|GLOB Average Weekly Movement||9.5%|
|IT Industry Average Movement||10.3%|
|Market Average Movement||7.8%|
|10% most volatile stocks in US Market||16.9%|
|10% least volatile stocks in US Market||2.9%|
Stable Share Price: GLOB is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 9% a week.
Volatility Over Time: GLOB's weekly volatility (9%) has been stable over the past year.
About the Company
Globant S.A. operates as a technology services company worldwide. It offers e-commerce, new distribution capabilities, augmented revenue management, hyper connected operation, and conversational user experience services through reinvention studios; digital lending, commercial effectiveness, finance, sustainability, regulation analytic, transformation and post-merger integration, and payment and open banking services; and game and graphic engineering, UI and UX design, game as a service, DevOps, and online services, as well as high tech tools. The company also provides smart farming, image diagnosis, healthcare interoperability, genomics data processing, telemedicine and medical device, research and development, and precision medicine services; media and entertainment, and travel and hospitality services; cloud transformation advice, building cloud environment, moving workloads to the cloud, cloud support and operation, chaos engineering, and site reliability engineering services; and data strategies, insights, data platforms, MLOps, and data as a product services.
Globant Fundamentals Summary
|GLOB fundamental statistics|
Is GLOB overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|GLOB income statement (TTM)|
|Cost of Revenue||US$883.40m|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||2.66|
|Net Profit Margin||7.77%|
How did GLOB perform over the long term?See historical performance and comparison
Is Globant undervalued compared to its fair value and its price relative to the market?
Valuation Score 0/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PB vs Industry
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: GLOB ($182.39) is trading above our estimate of fair value ($76.51)
Significantly Below Fair Value: GLOB is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: GLOB is poor value based on its PE Ratio (68.6x) compared to the US IT industry average (27.4x).
PE vs Market: GLOB is poor value based on its PE Ratio (68.6x) compared to the US market (15.2x).
Price to Earnings Growth Ratio
PEG Ratio: GLOB is poor value based on its PEG Ratio (1.9x)
Price to Book Ratio
PB vs Industry: GLOB is overvalued based on its PB Ratio (5.7x) compared to the US IT industry average (3.1x).
How is Globant forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?
Future Growth Score5/6
Future Growth Score 5/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: GLOB's forecast earnings growth (36.2% per year) is above the savings rate (1.9%).
Earnings vs Market: GLOB's earnings (36.2% per year) are forecast to grow faster than the US market (12.5% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: GLOB's revenue (21.3% per year) is forecast to grow faster than the US market (7.8% per year).
High Growth Revenue: GLOB's revenue (21.3% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: GLOB's Return on Equity is forecast to be low in 3 years time (14.9%).
How has Globant performed over the past 5 years?
Past Performance Score5/6
Past Performance Score 5/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GLOB has high quality earnings.
Growing Profit Margin: GLOB's current net profit margins (7.8%) are higher than last year (7%).
Past Earnings Growth Analysis
Earnings Trend: GLOB's earnings have grown significantly by 21.9% per year over the past 5 years.
Accelerating Growth: GLOB's earnings growth over the past year (77%) exceeds its 5-year average (21.9% per year).
Earnings vs Industry: GLOB earnings growth over the past year (77%) exceeded the IT industry 21.4%.
Return on Equity
High ROE: GLOB's Return on Equity (8.3%) is considered low.
How is Globant's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: GLOB's short term assets ($793.0M) exceed its short term liabilities ($344.8M).
Long Term Liabilities: GLOB's short term assets ($793.0M) exceed its long term liabilities ($168.6M).
Debt to Equity History and Analysis
Debt Level: GLOB has more cash than its total debt.
Reducing Debt: GLOB had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: GLOB's debt is well covered by operating cash flow (1574.5%).
Interest Coverage: GLOB's interest payments on its debt are well covered by EBIT (16x coverage).
What is Globant current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Future Dividend Coverage
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate GLOB's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate GLOB'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 GLOB's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if GLOB'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 GLOB has not reported any payouts.
Discover strong dividend paying companies
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Martin Migoya (53 yo)
Mr. Martín Migoya has been the Chairman and Chief Executive Officer of Globant S.A. since 2005 and serves as its President. He is a Co-founder of Globant S.A. in 2003. Mr. Migoya co-founded Sistemas Global...
Experienced Management: GLOB's management team is seasoned and experienced (5.3 years average tenure).
Experienced Board: GLOB's board of directors are considered experienced (4.1 years average tenure).
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.
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 4.7%.
Globant S.A.'s employee growth, exchange listings and data sources
- Name: Globant S.A.
- Ticker: GLOB
- Exchange: NYSE
- Founded: 2003
- Industry: IT Consulting and Other Services
- Sector: Software
- Implied Market Cap: US$7.620b
- Shares outstanding: 41.78m
- Website: https://www.globant.com
Number of Employees
- Globant S.A.
- 37A Avenue J.F. Kennedy
- Luxembourg City
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/05/22 00:00|
|End of Day Share Price||2022/05/20 00:00|
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.