ITEM 4. INFORMATION ON THE COMPANY A. History and Development of the Company We were founded in 2003 by Martín Migoya, our Chairman and Chief Executive Officer; Guibert Englebienne, our President of Globant X, Globant Ventures and Latin America; Martín Umaran, our Chief Corporate Development Officer and President of EMEA; and Nestor Nocetti, our Chief Corporate Affairs Officer. From our inception, our objective has been to build a global technology services company focused on supporting organizations' digital transformation and creating opportunities for talent around the world to make a positive global impact. Through organic growth and strategic acquisitions, we have expanded our network of locations and are now present in 31 countries. Organizations such as Endeavor, IDC MarketScape, Gartner, Everest Group, Frost & Sullivan, Great Place to Work, Fortune and Fast Company have recognized our accomplishments.
| Metric | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenue | 2.5B | 2.5B | 2.4B | 2.1B | 1.8B | 1.3B |
| Net Income | 104M | 104M | 169M | 159M | 149M | 96M |
| EPS | $2.29 | $2.29 | $3.72 | $3.64 | $3.47 | $2.28 |
| Free Cash Flow | 282M | 282M | 221M | 273M | 198M | 136M |
| ROIC | 5.6% | 5.7% | 9.9% | 11.6% | 16.3% | 14.8% |
| Gross Margin | 35.0% | 35.0% | 35.7% | 36.1% | 37.6% | 38.2% |
| Debt/Equity | 0.17 | 0.17 | 0.14 | 0.00 | 0.00 | 0.00 |
| Dividends/Share | $0.00 | - | - | - | - | - |
| Operating Income | 172M | 172M | 225M | 199M | 207M | 144M |
| Operating Margin | 7.0% | 7.0% | 9.3% | 9.5% | 11.6% | 11.1% |
| ROE | 4.8% | 5.0% | 8.8% | 9.5% | 9.6% | 8.8% |
| Shares Outstanding | 45M | 45M | 45M | 44M | 43M | 42M |
Globant S.A. passes 5 of 9 quality checks, suggesting mixed fundamentals.
Globant S.A. trades at 20.4x trailing earnings, compared to its 15-year median P/E of 50.3x, suggesting it is currently Cheap relative to its historical range. On a free-cash-flow basis, the stock trades at 7.5x vs a median of 41.6x. The company's 5-year average ROIC is 11.7% with a gross margin of 36.5%. At current prices, the estimated annualized return to fair value is +30.3%.
Globant S.A. (GLOB) has a current P/E ratio of 20.4, compared to its historical median P/E of 50.3. The stock is currently considered Cheap based on its historical valuation range.
Globant S.A. (GLOB) has a 5-year average return on invested capital (ROIC) of 11.7%. This indicates solid capital allocation.
Globant S.A. (GLOB) has a market capitalization of $2.1B. It is classified as a mid-cap stock.
Globant S.A. (GLOB) does not currently pay a regular dividend.
Based on historical P/E analysis, Globant S.A. (GLOB) appears cheap. The current P/E of 20.4 is 60% below its historical median of 50.3. The estimated fair value CAGR (P/E method) is 18.9%.
Globant S.A. (GLOB) operates in the Services-Computer Processing & Data Preparation industry, within the Technology sector.
Globant S.A. (GLOB) reported annual revenue of $2.5 billion in its most recent fiscal year, based on SEC EDGAR filings.
Globant S.A. (GLOB) has a net profit margin of 4.2%. This is a modest margin.
Globant S.A. (GLOB) generated $282 million in free cash flow in its most recent fiscal year. Positive free cash flow supports dividends, buybacks, and debt reduction.
Globant S.A. (GLOB) has a debt-to-equity ratio of 0.17. This indicates a conservatively financed balance sheet.
Globant S.A. (GLOB) reported earnings per share (EPS) of $2.29 in its most recent fiscal year.
Globant S.A. (GLOB) has a return on equity (ROE) of 5.0%. This indicates moderate shareholder returns.
Globant S.A. (GLOB) has a 5-year average gross margin of 36.5%. This indicates decent pricing power.
The Ledger Terminal provides 11 years of financial data for Globant S.A. (GLOB), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
Globant S.A. (GLOB) has a book value per share of $47.62, based on its most recent annual SEC filing.