Financials Globant S.A.

Equities

GLOB

LU0974299876

IT Services & Consulting

Market Closed - Nyse 04:00:01 2024-04-26 pm EDT 5-day change 1st Jan Change
180.8 USD +0.94% Intraday chart for Globant S.A. +0.86% -24.01%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 3,886 8,609 12,995 7,025 10,059 7,802 - -
Enterprise Value (EV) 1 3,912 8,356 12,580 6,688 9,911 7,161 6,967 7,038
P/E ratio 74.2 x 159 x 138 x 48.5 x 65.4 x 40.6 x 31.6 x 24.7 x
Yield - - - - - - - -
Capitalization / Revenue 5.89 x 10.6 x 10 x 3.95 x 4.8 x 3.19 x 2.7 x 2.22 x
EV / Revenue 5.93 x 10.3 x 9.7 x 3.76 x 4.73 x 2.93 x 2.41 x 2 x
EV / EBITDA 28.7 x 53.4 x 45.4 x 17.8 x 22.9 x 14.2 x 11.6 x 9.66 x
EV / FCF 65.9 x 118 x 92.4 x 44.4 x 36.2 x 38 x 29.3 x 26.1 x
FCF Yield 1.52% 0.84% 1.08% 2.25% 2.76% 2.63% 3.41% 3.83%
Price to Book 8.94 x 9.82 x 10.1 x 4.78 x 5.93 x 3.83 x 3.3 x 2.82 x
Nbr of stocks (in thousands) 36,644 39,560 41,374 41,776 42,270 43,143 - -
Reference price 2 106.0 217.6 314.1 168.2 238.0 180.8 180.8 180.8
Announcement Date 2/20/20 2/18/21 2/17/22 2/16/23 2/15/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 659.3 814.1 1,297 1,780 2,096 2,447 2,891 3,511
EBITDA 1 136.2 156.4 277.2 375.5 432.3 503.8 600.7 728.2
EBIT 1 112 124 214.3 289.4 318.1 380.5 461.5 563.4
Operating Margin 16.99% 15.23% 16.52% 16.25% 15.18% 15.55% 15.96% 16.05%
Earnings before Tax (EBT) 1 69.03 76.52 124.9 192.9 198 252.5 324.2 420.4
Net income 1 54.02 54.22 96.06 148.9 158.5 192.1 247.6 309.1
Net margin 8.19% 6.66% 7.41% 8.36% 7.56% 7.85% 8.56% 8.8%
EPS 2 1.430 1.370 2.280 3.470 3.640 4.449 5.731 7.326
Free Cash Flow 1 59.33 70.58 136.2 150.5 273.4 188.7 237.8 269.2
FCF margin 9% 8.67% 10.5% 8.45% 13.04% 7.71% 8.22% 7.67%
FCF Conversion (EBITDA) 43.55% 45.12% 49.13% 40.07% 63.25% 37.45% 39.58% 36.97%
FCF Conversion (Net income) 109.85% 130.18% 141.79% 101.05% 172.46% 98.19% 96.02% 87.12%
Dividend per Share 2 - - - - - - - -
Announcement Date 2/20/20 2/18/21 2/17/22 2/16/23 2/15/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1
Net sales 1 341.8 379.8 401.4 429.3 458.9 490.7 472.4 497.5 545.3 580.7 570.7 590.5 622.6 656.2 662
EBITDA 1 69.7 81.92 86.91 89.57 95.54 103.5 97.57 101.7 111.8 121.2 119.6 123.1 129.1 136.9 138.5
EBIT 1 56.32 63.62 67.54 69.21 73.65 78.98 71.36 74.42 83.23 89.12 88.36 90.87 96.26 102.8 105
Operating Margin 16.47% 16.75% 16.83% 16.12% 16.05% 16.09% 15.1% 14.96% 15.26% 15.35% 15.48% 15.39% 15.46% 15.67% 15.87%
Earnings before Tax (EBT) 1 32.68 38.03 48.31 47.93 46.25 50.39 46.59 46.79 54.8 49.84 56.31 58.52 63.32 67.43 74.2
Net income 1 25.48 28.97 36.62 37.09 35.99 39.18 36.42 36.99 42.99 42.13 43.13 45.36 48.43 52.58 57.29
Net margin 7.45% 7.63% 9.12% 8.64% 7.84% 7.99% 7.71% 7.44% 7.88% 7.26% 7.56% 7.68% 7.78% 8.01% 8.65%
EPS 2 0.6000 0.6800 0.8600 0.8700 0.8400 0.9100 0.8400 0.8500 0.9800 0.9600 0.9921 1.035 1.107 1.190 1.279
Dividend per Share 2 - - - - - - - - - - - - - - -
Announcement Date 11/18/21 2/17/22 5/19/22 8/18/22 11/17/22 2/16/23 5/18/23 8/17/23 11/16/23 2/15/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 25.7 - - - - - - -
Net Cash position 1 - 253 416 337 148 641 834 764
Leverage (Debt/EBITDA) 0.1888 x - - - - - - -
Free Cash Flow 1 59.3 70.6 136 150 273 189 238 269
ROE (net income / shareholders' equity) 22.2% 14.8% 14.5% 15.5% 15.5% 13.8% 15% 15.6%
ROA (Net income/ Total Assets) 15.3% 9.85% 9.97% 10.7% 10.1% 10.4% 11.2% 12.1%
Assets 1 352.9 550.7 963.9 1,396 1,563 1,853 2,209 2,565
Book Value Per Share 2 11.90 22.20 31.00 35.20 40.10 47.20 54.70 64.10
Cash Flow per Share 2 2.120 2.510 - 4.610 7.310 6.650 9.410 12.10
Capex 1 20.4 29.3 42.8 47.1 45.1 121 135 151
Capex / Sales 3.09% 3.6% 3.3% 2.64% 2.15% 4.94% 4.68% 4.3%
Announcement Date 2/20/20 2/18/21 2/17/22 2/16/23 2/15/24 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
B+
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
20
Last Close Price
180.8 USD
Average target price
252.8 USD
Spread / Average Target
+39.79%
Consensus
  1. Stock Market
  2. Equities
  3. GLOB Stock
  4. Financials Globant S.A.