Globant S.a Intrinsic Stock Value – GLOBANT S.A Reports 35.3% Y-o-Y Revenue Increase and 29.2% Y-o-Y Net Income Increase in Q4 2022.
March 3, 2023
Earnings report
Globant S.a Intrinsic Stock Value – GLOBANT S.A ($NYSE:GLOB) recently announced its financial performance for the fourth quarter of fiscal year 2022, ending December 31 2022, on February 16 2023. The total revenue for the quarter amounted to USD 39.4 million, signifying a 35.3% year-over-year increase. The net income was reported to be USD 490.7 million, indicating a 29.2% growth compared to the same quarter in the prior fiscal year. The sales growth evidenced in the fourth quarter report is indicative of the firm’s successful strategies in implementing technological solutions to meet customer needs.
As demand for integrated digital services continues to grow, GLOBANT S.A is well-positioned to capitalize on that trend in the coming quarters. In line with the firm’s drive for technological innovation, management has invested in new products and services to further drive revenue growth. This includes bridging the gap between operations and customer service to enhance customer experiences and developing Smart Manufacturing capabilities with Artificial Intelligence technologies and Internet of Things (IoT) networks. The firm’s ability to stay ahead of the competition, deliver on customer demands and drive financial performance is testament to its solid performance in the fourth quarter.
Market Price
GLOBANT S.A reported a remarkable increase in their quarterly revenue on Thursday. According to the financial report, the company reported a 35.3% year-on-year growth in revenue and a 29.2% increase in net income for Q4 2022. Despite the encouraging news, GLOBANT S.A stock opened at $160.3 and closed at $162.0, down by 2.4% from its prior closing price of 165.9. This shows that investors remain bearish about the company’s long-term prospects despite the encouraging data in the report. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Globant S.a. More…
| Total Revenues | Net Income | Net Margin |
| 1.78k | 149.48 | 8.7% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Globant S.a. More…
| Operations | Investing | Financing |
| 178.97 | -272.88 | 243.99 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Globant S.a. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 2.19k | 636.34 | 32.24 |
Key Ratios Snapshot
Some of the financial key ratios for Globant S.a are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 39.2% | 37.7% | 11.8% |
| FCF Margin | ROE | ROA |
| 7.8% | 8.9% | 6.0% |
Analysis – Globant S.a Intrinsic Stock Value
At GoodWhale, we performed an analysis of GLOBANT S.A. to evaluate its fundamentals. Our proprietary Valuation Line model was used in this analysis and our results showed a fair intrinsic value of $295.2 per share for GLOBANT S.A. However, at the time of writing, its stock is trading at only $162.0, indicating an undervaluation of 45.1%. This implies that GLOBANT S.A is significantly undervalued at the current market price and could potentially be a lucrative investment for long-term investors, representing an attractive entry point for potential buyers. More…
Peers
The competition between Globant SA and its competitors is fierce. Each company is striving to be the best in the industry, and they are all fighting for market share. Globant SA is a leading provider of software development and outsourcing services. AudioEye Inc is a provider of web accessibility solutions. Gofore PLC is a provider of digital transformation services. Geovis Technology Co Ltd is a provider of Geographic Information Systems (GIS) solutions.
– AudioEye Inc ($NASDAQ:AEYE)
AudiEye Inc is a publicly traded company that provides digital accessibility solutions for businesses and individuals who are blind or visually impaired. The company has a market cap of 60.79M as of 2022 and a Return on Equity of -113.07%. AudiEye’s mission is to provide equal access to information and opportunity for people with disabilities. The company’s products and services include digital accessibility software, consulting, and training.
– Gofore PLC ($LTS:0CXS)
Gofore Plc is a Finnish provider of digitalization services. The company offers its customers consulting, software development, and training services with the aim of helping them digitalize their businesses. Gofore’s shares are listed on the Nasdaq Helsinki stock exchange.
Gofore’s market cap as of 2022 is 338.78M. The company has a Return on Equity of 14.21%. Gofore’s main competitors include Accenture, Deloitte, and IBM.
– Geovis Technology Co Ltd ($SHSE:688568)
Geovis Technology Co Ltd is a Chinese technology company with a market cap of 15.7 billion as of 2022. The company’s return on equity is 7.63%. Geovis Technology Co Ltd is a leading provider of Geographic Information Systems (GIS) software and services. The company’s products are used in a variety of industries, including government, transportation, utilities, and telecommunications.
Summary
GLOBANT S.A. reported a successful quarter, with total revenue increasing by 35.3% year-over-year and net income increasing by 29.2% compared to the same quarter of the previous fiscal year. This strong growth signals a positive outlook for the company, making it an attractive investment opportunity. With experienced leadership, innovative services, and an established client base, GLOBANT S.A is well positioned to continue to drive growth in the future.
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