Globant S.A Expands Global Reach with Acquisition of Creative Consultancy Vertic
January 11, 2023
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Globant S.a Stock Fair Value – GLOBANT S.A ($NYSE:GLOB) is an international technology services company, listed on the NYSE and the most important software engineering hub in Latin America. On Tuesday, Globant announced their acquisition of Vertic, a creative consultancy in the life sciences and other B2B sectors. This purchase will expand Globant’s digital marketing network on a global scale. Through this acquisition, Globant will also be able to open operations in Denmark, strengthening their presence in Europe. Vertic has a strong portfolio of clients in the life sciences, healthcare, and technology sectors.
Their expertise in customer experience design and marketing strategy are highly complementary to Globant’s offerings. This acquisition is part of Globant’s ongoing effort to develop comprehensive digital transformation solutions for their clients. The two companies have already collaborated on multiple projects, so the transition should be relatively smooth. The acquisition of Vertic is yet another step forward for Globant, as they continue to expand their digital transformation services across the world. With their global network and expertise in customer experience design and marketing strategy, they are well-positioned to become a leader in the industry.
Stock Price
On Tuesday, GLOBANT S.A announced their acquisition of Creative Consultancy Vertic, expanding their global reach. The media reaction has been mostly positive, with analysts citing the move as a positive step for the company’s growth. Following the news, GLOBANT S.A’s stock opened at $165.0 and closed at $163.4, down by 1.7% from its prior closing price of 166.1. This acquisition is a major development for GLOBANT S.A as it will enable them to expand their offering to customers, allowing them to offer a comprehensive suite of services from branding to digital transformation. This will also enhance their client base and increase their profile on the international stage, giving them an edge over competitors. GLOBANT S.A is one of the leading digital transformation companies in Latin America and this acquisition allows them to expand their geographical reach, allowing them to tap into new markets with their services.
This acquisition also brings in valuable assets, such as Vertic’s creative team and their extensive portfolio of work. The acquisition will help GLOBANT S.A stay ahead of the competition in the digital transformation space, providing them with a stronger foothold in the industry. As customers become more demanding and technology advances, this acquisition will help GLOBANT S.A stay ahead of the curve and remain competitive in the market. Overall, the acquisition of Vertic by GLOBANT S.A is seen as a positive move for the company and their customers, as it provides them with an additional set of services. This will help GLOBANT S.A to further expand their global presence and tap into new markets, helping them to stay ahead of the competition in the digital transformation space. 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 |
| 1.67k | 138.9 | 8.8% |
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 |
| 1.95k | 523.05 | 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 |
| 39.5% | 34.1% | 11.6% |
| FCF Margin | ROE | ROA |
| 6.1% | 8.7% | 6.2% |
VI Analysis – Globant S.a Stock Fair Value
The VI Line app has made it easier to analyse the company’s performance, and according to the calculations, the fair value of a GLOBANT S.A share is around $299.1. Currently, however, the stock is trading at only $163.4, which is significantly lower than its fair value and represents an undervaluation of 45%. The company’s financial performance, market capitalization, and share price are all important indicators of its future prospects. It is important to look at the financial statements of the company to gain a better understanding of its potential. The performance of a company’s stock can also be measured by looking at its market capitalization and its price-to-earnings ratio. Analysts also use a variety of tools to analyze the company’s fundamentals, such as technical analysis and fundamental analysis. It is important to consider a company’s financial health, market position, and competitive environment when evaluating GLOBANT S.A’s potential. Analysts also take into account the company’s management team and their ability to make the right decisions to ensure the company’s long-term success. Ultimately, it is important to understand GLOBANT S.A’s fundamentals in order to determine whether it is a good investment. By using VI Line to analyse the company’s fundamentals, investors can make an informed decision about whether or not to purchase GLOBANT S.A’s stock. More…
VI Peers
The competition between Globant SA and its competitors is fierce. Each company is striving to be the best in the industry, and they are all fighting for market share. Globant SA is a leading provider of software development and outsourcing services. AudioEye Inc is a provider of web accessibility solutions. Gofore PLC is a provider of digital transformation services. Geovis Technology Co Ltd is a provider of Geographic Information Systems (GIS) solutions.
– AudioEye Inc ($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 is a global provider of digital transformation services based in Argentina. Investors looking to invest in GLOBANT S.A will find that the stock has historically outperformed its peers in the technology industry, delivering strong returns over the long-term. The company’s current financials are strong, with a low debt-to-equity ratio and ample cash reserves. Analysts have also been optimistic about the company’s future prospects, with a number of positive analyst ratings and a consensus recommendations of ‘buy’.
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