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:
Below please find a table outlining a discounted cash flow forecast for GLOB, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Globant SA ranked in the 28th 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. In terms of the factors that were most noteworthy in this DCF analysis for GLOB, they are:
In the past 4.84 years, Globant SA has a compound free cash flow growth rate of 0.42%; that's higher than 72.45% of free cash flow generating stocks in the Technology sector.
98% of the company's capital comes from equity, which is greater than 92.39% of stocks in our cash flow based forecasting set.
The business' balance sheet suggests that 2% of the company's capital is sourced from debt; this is greater than merely 7.57% of the free cash flow producing stocks we're observing.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
MIME, NXGN, EXTR, LPTH, and TRMB 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.
SAN FRANCISCO, Sept. 16, 2020 /PRNewswire/ -- Globant (NYSE: GLOB), a digitally native technology services company, has been named as a Leader in the IDC MarketScape: Worldwide Customer Experience Improvement Services 2020 Vendor Assessment (Doc # US45658220, September 2020). This IDC…
SAN FRANCISCO, Sept. 10, 2020 /PRNewswire/ -- Globant (NYSE: GLOB), a digitally native technology services company, today announced that it will present the next revolution in the future of software development at its upcoming virtual CONVERGE event on September 17 at noon EST. Titled…
Globant S.A. (GLOB) Q2 2020 Earnings Conference Call August 13, 2020 4:30 PM ET Company Participants Amit Singh – Head-Finance and Investor Relations for the U.S. Martín Migoya – Co-Founder and Chief Executive Officer Patricia Pomies – Chief Delivery and People Officer Juan Urthiague – Chief Financial Officer Conference Call...