Global-e Online Stock Fair Value – 53% Year-on-Year Increase in Sales for Global-E Online Over Black Friday-Cyber Monday Weekend
December 18, 2023

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GLOBAL-E ($NASDAQ:GLBE): Global-E Online, a leading ecommerce provider and cross-border platform, experienced an incredible 53% year-on-year increase in sales during the Black Friday-Cyber Monday weekend. This is an indication that their strategy of focusing on international customers and providing a seamless shopping experience has been extremely successful. Global-E Online’s platform enables retailers to grow their global reach and deliver a unified end-to-end experience for customers regardless of currency, language, taxes and regulations. By delivering localized ecommerce experiences, Global-E Online has become an essential part of the digital success of major international retailers.
The impressive sales growth seen over the Black Friday-Cyber Monday weekend highlights the strength of Global-E Online’s platform and services and establishes them as a provider to watch in the ecommerce space. With their focus on global customers and dedication to excellent customer service, it is likely that their growth will continue to be strong in the coming months.
Analysis – Global-e Online Stock Fair Value
At GoodWhale, we analyze the fundamentals of GLOBAL-E ONLINE and have determined that the fair value of a GLOBAL-E ONLINE share is around $60.1. We use a proprietary Valuation Line to calculate this fair value, which is based on the company’s financials and publicly available data. Currently, GLOBAL-E ONLINE stock is being traded at $36.5, which means it is undervalued by 39.3%. Our research indicates that this discrepancy between the fair value and current trading price presents an opportunity for investors to purchase GLOBAL-E ONLINE stock at a discount. More…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Global-e Online. More…
| Total Revenues | Net Income | Net Margin |
| 524.41 | -140.18 | -26.7% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Global-e Online. More…
| Operations | Investing | Financing |
| 64.16 | -30.54 | 1.89 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Global-e Online. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 1.12k | 210.3 | 5.53 |
Key Ratios Snapshot
Some of the financial key ratios for Global-e Online are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 83.8% | – | -28.4% |
| FCF Margin | ROE | ROA |
| 12.0% | -10.2% | -8.3% |

Peers
The competition between Global E Online Ltd and its competitors is fierce. Each company is trying to gain market share and increase profits. Global E Online Ltd has a strong presence in the online market, but its competitors are also very active.
– Shinsegae International Co Ltd ($KOSE:031430)
As of 2022, Shinsegae International Co Ltd has a market capitalization of 901.42 billion dollars and a return on equity of 58.75%. The company is involved in a variety of businesses, including retail, department stores, food and beverages, and more. It is one of the largest companies in South Korea and is headquartered in Seoul.
– PChome Online Inc ($TPEX:8044)
PChome Online Inc is a Taiwan-based company principally engaged in the provision of online services. The Company operates its business through three segments. Its first segment is the operation of PChome Online, an online platform in Taiwan. PChome Online’s main businesses include online marketplace, which offers products in categories, including consumer electronics, books, digital content, fashion and beauty, home and living, food and beverage, and others; online shopping mall, which offers products in categories, including 3C products, home appliances, books, fashion and beauty, furniture, food and beverage, mother and baby care products, digital content and others; and payment and logistics services. Its second segment is the operation of e-commerce platforms outside Taiwan, which is engaged in the operation of e-commerce platforms in Hong Kong and the United States. Its third segment is the provision of software development services.
– Allegro.EU SA ($LTS:0A5O)
Allegro.EU SA is a Polish e-commerce company with a market cap of 26.95B as of 2022. The company has a Return on Equity of 7.15%. Allegro.EU SA operates an online marketplace in Poland, which offers a wide range of products in categories including books, media, electronics, and fashion.
Summary
Global-E Online is a multinational e-commerce platform that saw a 53% year-over-year (YoY) increase in sales during the Black Friday-Cyber Monday weekend. The stock price reacted positively to this news, moving up the same day. Analysts suggest that this indicates a strong confidence in the future of Global-E Online, as its sales continue to grow in an increasingly competitive market. Investors should consider the potential of this company for long-term growth, as well as its potential for short-term profits.
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