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GLOB - Globant S.A.

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Globant S.A.

GLOB

NYSE

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. In addition, it offers agile delivery, blockchain, business and cultural hacking, conversational interface, cybersecurity, design, digital sales and marketing, enterprise applications, internet of thing, metaverse, process optimization, quality engineering, salesforce, smart venue, UI engineering, and sustainable business solutions. Further, the company provides smart underwriting, monitoring, and digital collection services; digital experience platforms; product strategy, management, and delivery services; and strategic architecture consulting, platforms evolution, and augmented composable solutions. Additionally, it operates augmented coding and testing, StarMeUp, PagoChat, ShopChat, and Walmeric platforms. The company was formerly known as IT Outsourcing S.L. and changed its name to Globant S.A. in December 2012. Globant S.A. was founded in 2003 and is based in Luxembourg.

128.79 USD

-1.5 (-1.16%)

Operating Data

Year

2020

2021

2022

2023

2024

2025

2026

2027

2028

2029

Revenue

814.14M

1.3B

1.78B

2.1B

2.42B

3.2B

4.23B

5.61B

7.42B

9.82B

Revenue %

-

59.32

37.25

17.73

15.26

32.39

32.39

32.39

32.39

Ebitda

135.43M

218.08M

317.25M

361.54M

405.14M

545.53M

722.23M

956.16M

1.27B

1.68B

Ebitda %

16.64

16.81

17.82

17.25

16.77

17.06

17.06

17.06

17.06

Ebit

86.95M

137.79M

209.32M

221.68M

242.41M

343.31M

454.5M

601.71M

796.61M

1.05B

Ebit %

10.68

10.62

11.76

10.58

10.03

10.73

10.73

10.73

10.73

Depreciation

48.48M

80.29M

107.93M

139.86M

162.73M

202.23M

267.73M

354.45M

469.25M

621.24M

Depreciation %

5.95

6.19

6.06

6.67

6.74

6.32

6.32

6.32

6.32

Balance Sheet

Year

2020

2021

2022

2023

2024

2025

2026

2027

2028

2029

Total Cash

299.8M

462.44M

347.39M

324.76M

156.09M

728.83M

964.89M

1.28B

1.69B

2.24B

Total Cash %

36.82

35.65

19.51

15.49

6.46

22.79

22.79

22.79

22.79

Receivables

218.89M

307.96M

440.01M

531.04M

625.42M

809.58M

1.07B

1.42B

1.88B

2.49B

Receivables %

26.89

23.74

24.72

25.34

25.89

25.31

25.31

25.31

25.31

Inventories

-19.28M

-27.59M

-47.16M

-

-

-45.7M

-60.5M

-80.1M

-106.04M

-140.38M

Inventories %

-2.37

-2.13

-2.65

-

-

-1.43

-1.43

-1.43

-1.43

Payable

16.93M

22.17M

35.75M

48.48M

55.73M

66.63M

88.21M

116.78M

154.6M

204.68M

Payable %

2.08

1.71

2.01

2.31

2.31

2.08

2.08

2.08

2.08

Cap Ex

-53.46M

-77.63M

-95.43M

-126.8M

-27.73M

-160.61M

-212.63M

-281.5M

-372.68M

-493.39M

Cap Ex %

-6.57

-5.99

-5.36

-6.05

-1.15

-5.02

-5.02

-5.02

-5.02

Weighted Average Cost Of Capital

Price

128.79

Beta

Diluted Shares Outstanding

44.59M

Costof Debt

6.99

Tax Rate

After Tax Cost Of Debt

5.5

Risk Free Rate

Market Risk Premium

Cost Of Equity

Total Debt

410.16M

Total Equity

5.74B

Total Capital

6.15B

Debt Weighting

6.67

Equity Weighting

93.33

Wacc

10.14

Build Up Free Cash Flow

Year

2020

2021

2022

2023

2024

2025

2026

2027

2028

2029

Revenue

814.14M

1.3B

1.78B

2.1B

2.42B

3.2B

4.23B

5.61B

7.42B

9.82B

Ebitda

135.43M

218.08M

317.25M

361.54M

405.14M

545.53M

722.23M

956.16M

1.27B

1.68B

Ebit

86.95M

137.79M

209.32M

221.68M

242.41M

343.31M

454.5M

601.71M

796.61M

1.05B

Tax Rate

21.24

21.24

21.24

21.24

21.24

21.24

21.24

21.24

21.24

21.24

Ebiat

61.61M

106.02M

161.58M

177.48M

190.92M

263.53M

348.88M

461.88M

611.48M

809.54M

Depreciation

48.48M

80.29M

107.93M

139.86M

162.73M

202.23M

267.73M

354.45M

469.25M

621.24M

Receivables

218.89M

307.96M

440.01M

531.04M

625.42M

809.58M

1.07B

1.42B

1.88B

2.49B

Inventories

-19.28M

-27.59M

-47.16M

-

-

-45.7M

-60.5M

-80.1M

-106.04M

-140.38M

Payable

16.93M

22.17M

35.75M

48.48M

55.73M

66.63M

88.21M

116.78M

154.6M

204.68M

Cap Ex

-53.46M

-77.63M

-95.43M

-126.8M

-27.73M

-160.61M

-212.63M

-281.5M

-372.68M

-493.39M

Ufcf

-126.05M

33.14M

75.2M

65.08M

238.79M

177.58M

178.14M

235.84M

312.23M

413.35M

Wacc

10.14

10.14

10.14

10.14

10.14

Pv Ufcf

161.23M

146.85M

176.51M

212.17M

255.03M

Sum Pv Ufcf

951.69M

Terminal Value

Growth In Perpetuity Method

Long Term Growth Rate

Wacc

10.14

Free Cash Flow T1

429.89M

Terminal Value

7B

Present Terminal Value

4.32B

Intrinsic Value

Enterprise Value

5.27B

Net Debt

268.07M

Equity Value

5B

Diluted Shares Outstanding

44.59M

Equity Value Per Share

112.13

Projected DCF

112.13 -0.149%

DCF Levered

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