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Globant S.A (GLOB) Fair Value & Analysis

Technology · AR · Market cap 2.3T ARS

GS Globant S.A GLOB · BA
Price2,890 ARS
Fair Value5,296 ARS
Upside+83.3%
Quality55/100
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Healthy Growth
Thin margins · 4.5% net margin
Low debt · generates free cash flow
Mixed vs. peers (6/11)
Moderate moat 47/100
Evidence: High Range 3,968 ARS – 6,624 ARS Share as image

Fair value as of: Jul 16, 2026

From 24 valuation models · updated 25 days ago

Fair value updated Jul 16, 2026, revised from 5,323 ARS to 5,296 ARS (−0.5%) since Jun 24, 2026. Share price −11.8% over the past month.

A solid business, screening 83% undervalued on our models.

What matters now

  • The price is below even our cautious bear case (3,968 ARS). The market is more pessimistic than our downside scenario.
  • Solid quality (55/100) at a price below fair value, the discount is the argument here, not the business quality.
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Price vs Fair Value (4 years)

15,375 ARS 2,708 ARS Fair Value 5,296 ARS Jun 2022 Jun 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 16, 2026.

How to read this chart

48‑month range 2,708 ARS – 15,375 ARS · fair‑value band 3,968 ARS – 6,624 ARS · the 2,890 ARS price screens below the 5,296 ARS fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 16, 2026.

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Analysis

Globant S.A (GLOB) currently trades at 2,890 ARS, while our model-based Fair Value estimate is 5,296 ARS, implying the stock looks roughly 83.3% undervalued today. The Quality Score stands at 55/100 (solid quality), in the Technology sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high), always confirm before acting.

Over the trailing twelve months, Globant S.A generated revenue of 2.5B ARS at a net margin of 4.5%. Revenue declined 0.7% year over year. It earns a return on equity of 5.2%. Net debt stands at 123M ARS. Fundamentals as of Jul 16, 2026

Our scenario range runs from 3,968 ARS (bear case) to 6,624 ARS (bull case); at 2,890 ARS, the current price sits below that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 58% below its 52-week high and 8% above its 52-week low, currently below its 200-day average. For context, the median of 10 Technology peers we cover trades at -25% fair-value upside, at 83%, GLOB screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model BearBaseBull Evidence
Highest evidence
Growth DCF 5,237 ARS 9,914 ARS 18,559 ARS 80
Residual Income 2,995 ARS 3,039 ARS 2,951 ARS 76
Rev-Margin DCF 4,175 ARS 7,435 ARS 11,773 ARS 74
All 24 models by family
DCF Models
FCF DCF 5,296 ARS 10,415 ARS 20,063 ARS 38
Owner Earnings 5,031 ARS 9,899 ARS 19,060 ARS 31
5Y Revenue Exit 4,175 ARS 7,524 ARS 12,141 ARS 39
5Y EBITDA Exit 8,261 ARS 16,169 ARS 26,392 ARS 41
5Y P/E Exit 4,057 ARS 7,288 ARS 11,035 ARS 38
10Y Revenue Exit 4,352 ARS 7,760 ARS 13,100 ARS 36
10Y EBITDA Exit 7,302 ARS 14,325 ARS 25,610 ARS 37
10Y P/E Exit 4,411 ARS 7,583 ARS 12,141 ARS 35
Earnings-Based
Graham-Dodd 1,283 ARS 6,476 ARS 8,940 ARS 54
Lynch FV 1,756 ARS 2,508 ARS 3,260 ARS 50
PEG = 1.0 1,756 ARS 2,508 ARS 3,260 ARS 46
EPV 3,172 ARS 3,762 ARS 4,293 ARS 59
Multiples
P/E Multiple 3,968 ARS 5,296 ARS 6,624 ARS 63
P/S Multiple 2,419 ARS 3,216 ARS 4,027 ARS 58
P/B Multiple 2,419 ARS 3,216 ARS 4,027 ARS 55
EV/EBIT 7,465 ARS 10,017 ARS 12,569 ARS 53
EV/EBITDA 10,209 ARS 13,690 ARS 17,157 ARS 54
EV/Revenue 3,688 ARS 5,340 ARS 6,993 ARS 43
Asset-Based
NCAV (Graham) 1,933 ARS 2,582 ARS 3,850 ARS 50
Growth DCF
Growth DCF 5,237 ARS 9,914 ARS 18,559 ARS 80
Rev-Margin DCF 4,175 ARS 7,435 ARS 11,773 ARS 74
Economic Profit
Residual Income 2,995 ARS 3,039 ARS 2,951 ARS 76
ROIC Compounder 3,172 ARS 3,762 ARS 4,957 ARS 72
Growth Earnings
Growth-Adj P/E 3,142 ARS 4,485 ARS 5,827 ARS 68

Widest divergence: DCF Models (7,760 ARS) versus Earnings-Based (2,508 ARS). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) 2.5B ARS
Revenue growth (YoY) -0.7%
Net margin 4.5%
Return on equity 5.2%
Free cash flow 212M ARS FY2025
P/E ratio 0.9
More key figures
Operating margin 8.5%
EPS (TTM) 3,524 ARS
EPS growth (YoY) +25.0%
Net debt 123M ARS FY2025

Figures from reported company fundamentals · as of Jul 16, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 55/100

Of which business quality 57 · Market factors (momentum, volatility) 14

Profitability 38
Margins and returns on capital today
Quality Growth 33
Are margins and returns improving?
Cashflow 63
Earnings quality: real cash, not paper profit
Fin. Strength 73
Balance sheet, leverage, solvency risk
Investment 53
Disciplined investing over empire-building
Low Volatility 34
Calm price path (market factor)
Momentum 8
Price trend over the last 3–12 months (market factor)
52W Momentum 3
Distance to the 52-week high (market factor)
Net Issuance 78
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Globant S.A., together with its subsidiaries, provides technology services in the United States, rest of North America, Latin America, Europe, and internationally.

Full company description

Globant S.A., together with its subsidiaries, provides technology services in the United States, rest of North America, Latin America, Europe, and internationally. The company offers Digital Studio, which integrates artificial intelligence into the software development; GUT Studio, which allows clients to better connect brands; and Enterprise Studio, which leverages technology for streamlined operations and productivity. It also provides AI Industry Studios for the financial services; media, entertainment, sports, and leisure; healthcare and life sciences; CPG, retail, and automotive; gaming and EdTech; airlines; energy, oil, and gas; and high tech and professional services sectors. In addition, the company offers AI Pods, a subscription-based delivery model for AI-powered services; Globant Enterprise AI, an agentic innovation platform; Corporate Hub, which grounds intelligence in how the organization operates; AI Hub, which connects and governs foundation and custom models, continuous evaluation, and optimization; and Agents Hub, which enables autonomous action through the creation and coordination of agents and agentic workflows. Further, it provides GeneXus for enterprise systems evolution; Globant CODA for software development; Navigate Digital Twin for process optimization; Navigate Service Assist for support; and Fusion, for marketing, communications, and advertising, as well as StarMeUp, an employee engagement and talent experience platform; and DaXia, an embedded finance accelerator platform. Globant S.A. has a strategic collaboration with Pharma Mar, S.A. for cancer drug discovery through artificial intelligence; and Viability and Cascadience LLC to launch AI-powered platform for students with disabilities. The company was formerly known as IT Outsourcing S.L. and changed its name to Globant S.A. in December 2012. Globant S.A. was founded in 2003 and is based in Luxembourg, Luxembourg.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Globant S.A reported revenue of 2.5B ARS in FY2025 versus 1.3B ARS in FY2021, a compound +17.3%/yr. Reported net income was 103M ARS in FY2025, compounding +1.7%/yr from FY2021.

Growth Quality 84/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
2.5B ARS
Latest YoY
+1.6%
Avg. growth/yr (3Y)
+11.3%
Revenue +17.3%/yr
FY21 1.3B ARS
FY22 1.8B ARS
FY23 2.1B ARS
FY24 2.4B ARS
FY25 2.5B ARS
Net income +1.7%/yr
FY21 96.1M ARS
FY22 149M ARS
FY23 159M ARS
FY24 166M ARS
FY25 103M ARS

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Cite: Fair Value Calculator (2026). "Globant S.A Fair Value". https://www.fairvalue-calculator.com/stock/GLOB

Peer Group

Information Technology Services · 480 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 55 · Below median
Fair Value upside +83% · Top 25%
Return on equity (TTM) 5% · Below median
Return on assets 5% · Above median
Net margin (TTM) 4% · Above median
Operating margin (TTM) 9% · Above median
Revenue growth -1% · Below median
Debt / equity 0.17× · Higher than median

Valuation Multiples vs Information Technology Services median · lower = cheaper

P/E (TTM) 0.9× · Cheaper than 75% of peers
P/FCF 7.7× · Pricier than median
PEG 0.06× · Cheaper than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 100 · sector 20
FUTURE 0 · sector 29
PAST 21 · sector 36
HEALTH 92 · sector 97
DIVIDEND 0 · sector 37

Insider activity: 45/100

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Information Technology Services stocks, each showing price versus our Fair Value estimate (as of Jul 16, 2026).

Stock Price Fair Value vs Fair Value
International Business Machines Corporation IBM $235.92 $143.90 -39%
Accenture plc ACNN 2,460 MXN 250.95 MXN -90%
Infosys Limited INFY ₹1,156 ₹1,457 +26%
HCL Technologies Limited HCLTECH ₹1,204 ₹1,230 +2%
Wipro Limited WIPRO ₹178.43 ₹226.81 +27%
Tech Mahindra Limited TECHM ₹1,455 ₹1,086 -25%
Samsung SDS Co 018260 199,300 KRW 196,390 KRW -1%
Persistent Systems Limited PERSISTENT ₹5,059 ₹2,364 -53%
Hyundai Autoever Corporation 307950 393,000 KRW 133,088 KRW -66%
Coforge Limited COFORGE ₹1,541 ₹702.84 -54%

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Frequently asked questions

Is Globant S.A (GLOB) overvalued or undervalued?
As of Jul 16, 2026, our model estimates a fair value of 5,296 ARS versus a price of 2,890 ARS, about +83% (undervalued).
What is the fair value of GLOB?
Our model-based fair value for Globant S.A is 5,296 ARS (as of Jul 16, 2026), built from audited fundamentals. The current price is 2,890 ARS.
What is the quality score of GLOB?
Globant S.A has a Quality Score of 55/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Globant S.A (GLOB)?
Globant S.A reported trailing-twelve-month revenue of about 2.5B ARS (latest available figure, as of Jul 16, 2026).
What is the net profit margin of GLOB?
The net profit margin of Globant S.A is about 4.5%, meaning it keeps roughly 4.5% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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