Globant SA is a software solutions provider, offering engineering, design, and innovation services for clients. The company was founded in 2003 and is based in Luxembourg.
GLOB Price Forecast Based on DCF Valuation
DCF Fair Value Target:
We started the process of determining a valid price forecast for Globant SA with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Globant SA ranked in the 36th percentile in terms of potential gain offered. We should note, though, that the most conservative analysis suggests this stock will yield negative results -- and thus may be a potential short opportunity. As for the metrics that stood out in our discounted cash flow analysis of Globant SA, consider:
The compound growth rate in the free cash flow of Globant SA over the past 4.84 years is 0.42%; that's higher than 72.34% of free cash flow generating stocks in the Technology sector.
98% of the company's capital comes from equity, which is greater than 91.81% of stocks in our cash flow based forecasting set.
The business' balance sheet reveals debt to be 2% of the company's capital (with equity being the remaining amount). Approximately only 8.15% of US stocks with free cash flow have a lower reliance on debt in their capital structure.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
ESE, TRMB, TXN, ADBE, and DBX can be thought of as valuation peers to GLOB, in the sense that they are in the Technology sector and have a similar price forecast based on DCF valuation.
In this article we will take a look at whether hedge funds think Globant SA (NYSE:GLOB) is a good investment right now. We check hedge fund and billionaire investor sentiment before delving into hours of research. Hedge funds spend millions of dollars on Ivy League graduates, unconventional data sources, expert networks, and get tips from […]
SAN FRANCISCO, June 18, 2020 /PRNewswire/ -- Globant (NYSE: GLOB), a digitally native technology services company, announced a new virtual edition of CONVERGE. It will bring together renowned experts to participate in tech ignite talks and exclusive business roundtables. Speakers and…