GLOB - Globant S.A.
Price:
--
--
|
CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$54.56
DETAILS
HIGH:
$78.00
LOW:
$40.00
MEDIAN:
$50.00
CONSENSUS:
$54.56
UPSIDE:
35.96%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||||
| Revenue | 2,454.9 | 2,415.7 | 2,095.9 | 1,780.2 | 1,297.1 | 814.1 | 659.3 | 522.3 | 413.4 | 322.9 | 253.8 | 199.6 | 158.3 | 128.8 | 90.1 | 57.3 |
| Cost of Revenue | 1,595.6 | 1,552.3 | 1,340.2 | 1,110.8 | 802.1 | 509.8 | 405.2 | 318.6 | 262.6 | 190.9 | 160.3 | 121.7 | 99.6 | 80.6 | 53.6 | 34.5 |
| Gross Profit | 859.3 | 863.4 | 755.8 | 669.4 | 495.0 | 304.3 | 254.2 | 203.8 | 150.9 | 131.9 | 93.5 | 77.9 | 58.7 | 48.2 | 36.5 | 22.8 |
| Operating Expenses | ||||||||||||||||
| R&D Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| SG&A Expenses | 629.3 | 480.4 | 405.8 | 354.1 | 263.6 | 161.9 | 124.8 | 110.5 | 92.9 | 69.3 | 61.6 | 48.7 | 45.4 | 41.8 | 24.0 | 15.6 |
| Other Expenses | 58.2 | 157.6 | 151.0 | 108.6 | 87.0 | 58.5 | 48.6 | 6.2 | 4.0 | 3.6 | 19.7 | 13.0 | 31.1 | 0.3 | (0.0) | 1.0 |
| Operating Expenses | 687.6 | 637.9 | 556.8 | 462.7 | 350.6 | 220.4 | 173.4 | 133.5 | 110.9 | 81.3 | 71.6 | 57.3 | 54.8 | 47.7 | 26.5 | 16.5 |
| Operating Income | ||||||||||||||||
| Operating Income | 171.7 | 225.4 | 199.0 | 206.7 | 144.4 | 83.9 | 80.7 | 66.8 | 38.4 | 50.6 | 23.7 | 22.1 | (5.7) | 0.6 | 9.9 | 6.2 |
| Interest Expense | 0 | 28.7 | 23.8 | 14.0 | 10.5 | 10.4 | 6.7 | 1.5 | 1.4 | 1.4 | 1.7 | 1.9 | 1.8 | 1.3 | 0.4 | 0.2 |
| Interest Income | 0 | 5.3 | 4.8 | 2.8 | 0.7 | 1.9 | 1.0 | 0.4 | 0.5 | 0.1 | 0.0 | 0.1 | 0.0 | 0.1 | 0 | 0 |
| Profitability | ||||||||||||||||
| EBITDA | 299.5 | 417.0 | 358.0 | 314.9 | 215.6 | 133.9 | 113.0 | 91.2 | 56.7 | 61.0 | 33.0 | 28.7 | 11.0 | 4.6 | 11.6 | 7.9 |
| EBIT | 139.1 | 254.3 | 218.1 | 206.9 | 135.3 | 85.4 | 74.1 | 68.1 | 39.4 | 51.0 | 51.0 | 35.6 | 21.6 | (0.2) | 9.1 | 6.3 |
| Income Before Tax | 139.1 | 210.4 | 198.0 | 192.9 | 124.9 | 76.5 | 69.0 | 67.5 | 39.3 | 51.2 | 50.0 | 34.2 | 19.8 | (1.5) | 8.8 | 6.1 |
| Income Tax Expense | 35.2 | 41.4 | 39.5 | 43.4 | 28.5 | 22.3 | 15.0 | 15.9 | 8.1 | 14.5 | 18.4 | 8.9 | 6.0 | (0.2) | 1.7 | 0.9 |
| Net Income | 102.9 | 165.7 | 158.5 | 148.9 | 96.1 | 54.2 | 54.0 | 51.6 | 31.2 | 36.7 | 31.6 | 25.3 | 13.8 | (1.3) | 7.1 | 5.2 |
| Per Share Data | ||||||||||||||||
| EPS (Basic) | 2.33 | 3.82 | 3.72 | 3.55 | 2.35 | 1.41 | 1.48 | 1.44 | 0.89 | 1.07 | 0.93 | 0.81 | 0.41 | -0.04 | 0.21 | 0.15 |
| EPS (Diluted) | 2.29 | 3.72 | 3.64 | 3.47 | 2.28 | 1.37 | 1.43 | 1.41 | 0.86 | 1.04 | 0.90 | 0.79 | 0.41 | -0.04 | 0.21 | 0.15 |
| Shares Outstanding | 44.9 | 44.6 | 42.6 | 41.9 | 40.9 | 38.5 | 36.6 | 35.7 | 34.9 | 34.4 | 34.0 | 30.9 | 33.3 | 33.3 | 33.3 | 33.3 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||||
| Cash & Cash Equivalents | 243.7 | 142.1 | 307.2 | 292.5 | 427.8 | 278.9 | 62.7 | 78.4 | 52.5 | 50.5 |
| Short-Term Investments | 6.6 | 16.1 | 20.0 | 51.3 | 33.9 | 20.1 | 23.0 | 9.2 | 9.0 | 10.3 |
| Net Receivables | 577.7 | 651.6 | 556.8 | 488.5 | 343.9 | 218.9 | 170.1 | 121.6 | 92.3 | 68.0 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (4.6) | (2.1) | (5.0) |
| Other Current Assets | 125.7 | 29.9 | 11.4 | 3.7 | 1.2 | 8.9 | 14.7 | 0 | 0 | 0 |
| Total Current Assets | 953.8 | 838.5 | 924.5 | 857.6 | 819.6 | 535.6 | 276.5 | 214.0 | 156.1 | 133.4 |
| Non-Current Assets | ||||||||||
| Property, Plant & Equipment | 237.9 | 277.6 | 282.1 | 309.0 | 278.0 | 191.0 | 146.3 | 51.5 | 43.9 | 35.7 |
| Goodwill | 1,601.5 | 1,590.3 | 1,105.1 | 735.0 | 567.5 | 392.8 | 188.5 | 107.9 | 102.0 | 65.4 |
| Intangible Assets | 346.0 | 288.7 | 285.7 | 182.6 | 102.0 | 86.7 | 27.1 | 11.8 | 11.5 | 13.6 |
| Long-Term Investments | 4.2 | 45.2 | 37.8 | 34.6 | 25.7 | 34.2 | 14.7 | 4.9 | 2.1 | 1.6 |
| Other Non-Current Assets | 174.9 | 45.6 | 30.9 | 35.1 | 33.4 | 7.0 | 7.8 | 34.2 | 31.7 | 27.4 |
| Total Non-Current Assets | 2,364.5 | 2,328.3 | 1,802.3 | 1,338.2 | 1,064.9 | 753.2 | 411.3 | 227.1 | 206.7 | 151.3 |
| Total Assets | 3,318.2 | 3,166.8 | 2,726.9 | 2,195.8 | 1,884.5 | 1,288.8 | 687.8 | 441.1 | 362.8 | 284.7 |
| Current Liabilities | ||||||||||
| Account Payables | 112.6 | 55.7 | 48.5 | 35.8 | 22.2 | 16.9 | 10.6 | 6.1 | 7.3 | 2.0 |
| Short-Term Debt | 19.7 | 1.6 | 156.9 | 2.8 | 10.3 | 16.3 | 20.6 | 0 | 6.0 | 0.2 |
| Deferred Revenue | 0 | 5.9 | 8.0 | 3.5 | 8.0 | 0 | 0 | 0.3 | 48.1 | 36.7 |
| Other Current Liabilities | 182.9 | 253.7 | 239.7 | 209.0 | 210.0 | 72.2 | 51.6 | 31.0 | 14.3 | 12.6 |
| Total Current Liabilities | 580.3 | 542.9 | 665.3 | 428.6 | 386.3 | 205.6 | 146.2 | 93.4 | 77.0 | 55.2 |
| Non-Current Liabilities | ||||||||||
| Long-Term Debt | 347.0 | 290.9 | 2.2 | 0.9 | 1.9 | 25.1 | 50.2 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 0 | 12.6 | 21.1 | 11.3 | 1.3 | 13.7 | 1.0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 150.8 | 199.2 | 171.7 | 101.4 | 78.1 | 92.2 | 9.7 | 6.3 | 19.8 | 21.2 |
| Total Non-Current Liabilities | 576.3 | 590.6 | 265.9 | 211.0 | 189.9 | 203.2 | 102.9 | 9.8 | 21.5 | 20.2 |
| Total Liabilities | 1,156.6 | 1,133.5 | 931.2 | 639.6 | 576.2 | 408.8 | 249.1 | 103.2 | 98.5 | 75.3 |
| Stockholders' Equity | ||||||||||
| Common Stock | 52.6 | 52.8 | 51.7 | 50.7 | 50.1 | 47.9 | 44.4 | 43.2 | 42.3 | 41.6 |
| Retained Earnings | 965.7 | 862.8 | 697.1 | 538.6 | 389.7 | 293.6 | 239.4 | 187.3 | 136.4 | 106.0 |
| Accumulated Other Comprehensive Income | (92.7) | (144.8) | (42.0) | (32.2) | (6.4) | (2.7) | (2.6) | (2.1) | (1.3) | (1.0) |
| Total Stockholders' Equity | 2,093.6 | 1,963.9 | 1,729.7 | 1,507.6 | 1,305.4 | 879.9 | 438.7 | 337.9 | 264.3 | 209.4 |
| Total Liabilities & Equity | 3,318.2 | 3,166.8 | 2,726.9 | 2,195.8 | 1,884.5 | 1,288.8 | 687.8 | 441.1 | 362.8 | 284.7 |
| Debt Metrics | ||||||||||
| Total Debt | 473.6 | 410.2 | 277.8 | 138.8 | 146.7 | 113.6 | 112.7 | 3.4 | 6.0 | 0.2 |
| Net Debt | 229.9 | 268.1 | (29.4) | (153.6) | (281.1) | (165.4) | 50.0 | (75.0) | (46.5) | (50.3) |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Net Income | 102.9 | 165.7 | 158.5 | 149.5 | 96.4 | 54.2 | 54.0 | 51.6 | 30.5 | 35.9 |
| Depreciation & Amortization | 0 | 162.7 | 139.9 | 107.9 | 80.3 | 48.5 | 38.8 | 20.5 | 16.1 | 10.9 |
| Stock-Based Compensation | 0 | 81.8 | 72.9 | 60.3 | 37.0 | 22.4 | 15.4 | 10.6 | 12.9 | 3.6 |
| Change in Working Capital | (73.6) | (150.7) | (58.0) | (125.5) | (41.5) | (30.2) | (39.5) | (21.8) | (14.5) | (23.1) |
| Other Non-Cash Items | 251.1 | (10.9) | 40.1 | (38.1) | (21.7) | (17.3) | (4.1) | (9.5) | (10.1) | (10.2) |
| Operating Cash Flow | 280.4 | 248.7 | 318.5 | 197.5 | 179.0 | 99.9 | 79.7 | 67.2 | 43.0 | 31.5 |
| Investing Activities | ||||||||||
| Capital Expenditure | (19.2) | (27.7) | (126.8) | (95.4) | (77.6) | (53.5) | (32.0) | (28.9) | (28.1) | (24.0) |
| Acquisitions | 0 | (301.1) | (267.3) | (149.1) | (165.3) | (75.1) | (106.3) | (7.4) | (19.6) | (17.1) |
| Purchases of Investments | 0 | (638.4) | (642.8) | (738.2) | (317.0) | (474.5) | (165.4) | (137.1) | (152.2) | (423.4) |
| Sales/Maturities of Investments | 0 | 647.2 | 666.1 | 713.4 | 285.8 | 478.1 | 153.1 | 138.4 | 153.3 | 442.7 |
| Other Investing Activities | (161.6) | (84.0) | 20.4 | (48.4) | 1.2 | 1.0 | (0.9) | (11.2) | (11.0) | (6.1) |
| Investing Cash Flow | (161.6) | (403.9) | (350.4) | (269.3) | (272.9) | (124.0) | (151.6) | (46.1) | (57.5) | (28.0) |
| Financing Activities | ||||||||||
| Net Debt Issuance | 45.4 | 56.7 | 85.3 | (38.8) | (37.7) | (62.5) | 34.4 | (6.0) | 5.7 | (0.5) |
| Stock Repurchased | (56.1) | (10.7) | (11.5) | (9.3) | (7.3) | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | (18.1) | (51.8) | (29.3) | (17.5) | 2.7 | 3.1 | 22.4 | 10.1 | 5.2 | 8.2 |
| Financing Cash Flow | (16.7) | (5.8) | 44.5 | (65.7) | 244.0 | 241.5 | 56.7 | 4.1 | 16.6 | 7.7 |
| Cash Position | ||||||||||
| Net Change in Cash | 101.6 | (165.1) | 14.8 | (135.3) | 148.9 | 216.2 | (14.9) | 25.1 | 2.0 | 13.8 |
| Cash at Beginning | 142.1 | 307.2 | 292.5 | 427.8 | 278.9 | 62.7 | 77.6 | 52.5 | 50.5 | 36.7 |
| Cash at End | 243.7 | 142.1 | 307.2 | 292.5 | 427.8 | 278.9 | 62.7 | 77.6 | 52.5 | 50.5 |
| Free Cash Flow | 261.2 | 221.0 | 191.7 | 102.1 | 101.3 | 46.4 | 47.7 | 38.3 | 14.9 | 7.4 |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||||||||||
| Revenue | 2,454.9 | 2,415.7 | 2,095.9 | 1,780.2 | 1,297.1 | 814.1 | 659.3 | 522.3 | 413.4 | 322.9 | 253.8 | 199.6 | 158.3 | 128.8 | 90.1 | 57.3 |
| Gross Profit | 859.3 | 863.4 | 755.8 | 669.4 | 495.0 | 304.3 | 254.2 | 203.8 | 150.9 | 131.9 | 93.5 | 77.9 | 58.7 | 48.2 | 36.5 | 22.8 |
| Operating Income | 171.7 | 225.4 | 199.0 | 206.7 | 144.4 | 83.9 | 80.7 | 66.8 | 38.4 | 50.6 | 23.7 | 22.1 | (5.7) | 0.6 | 9.9 | 6.2 |
| Net Income | 102.9 | 165.7 | 158.5 | 148.9 | 96.1 | 54.2 | 54.0 | 51.6 | 31.2 | 36.7 | 31.6 | 25.3 | 13.8 | (1.3) | 7.1 | 5.2 |
| EPS (Diluted) | 2.29 | 3.72 | 3.64 | 3.47 | 2.28 | 1.37 | 1.43 | 1.41 | 0.86 | 1.04 | 0.90 | 0.79 | 0.41 | -0.04 | 0.21 | 0.15 |
| Balance Sheet | ||||||||||||||||
| Cash & Equivalents | 243.7 | 142.1 | 307.2 | 292.5 | 427.8 | 278.9 | 62.7 | 78.4 | 52.5 | 50.5 | ||||||
| Total Assets | 3,318.2 | 3,166.8 | 2,726.9 | 2,195.8 | 1,884.5 | 1,288.8 | 687.8 | 441.1 | 362.8 | 284.7 | ||||||
| Total Debt | 473.6 | 410.2 | 277.8 | 138.8 | 146.7 | 113.6 | 112.7 | 3.4 | 6.0 | 0.2 | ||||||
| Stockholders' Equity | 2,093.6 | 1,963.9 | 1,729.7 | 1,507.6 | 1,305.4 | 879.9 | 438.7 | 337.9 | 264.3 | 209.4 | ||||||
| Cash Flow | ||||||||||||||||
| Operating Cash Flow | 280.4 | 248.7 | 318.5 | 197.5 | 179.0 | 99.9 | 79.7 | 67.2 | 43.0 | 31.5 | ||||||
| Capital Expenditure | (19.2) | (27.7) | (126.8) | (95.4) | (77.6) | (53.5) | (32.0) | (28.9) | (28.1) | (24.0) | ||||||
| Free Cash Flow | 261.2 | 221.0 | 191.7 | 102.1 | 101.3 | 46.4 | 47.7 | 38.3 | 14.9 | 7.4 | ||||||