Globant SA (2G2) - Net Assets
Based on the latest financial reports, Globant SA (2G2) has net assets worth €2.16 Billion EUR (≈ $2.53 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€3.32 Billion ≈ $3.88 Billion USD) and total liabilities (€1.16 Billion ≈ $1.35 Billion USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check 2G2 goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €2.16 Billion |
| % of Total Assets | 65.14% |
| Annual Growth Rate | 29.72% |
| 5-Year Change | 65.22% |
| 10-Year Change | 936.46% |
| Growth Volatility | 25.48 |
Globant SA - Net Assets Trend (2015–2025)
This chart illustrates how Globant SA's net assets have evolved over time, based on quarterly financial data. See Globant SA liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Globant SA (2015–2025)
The table below shows the annual net assets of Globant SA from 2015 to 2025. For live valuation and market cap data, see 2G2 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €2.16 Billion ≈ $2.53 Billion |
+6.31% |
| 2024-12-31 | €2.03 Billion ≈ $2.38 Billion |
+13.81% |
| 2023-12-31 | €1.79 Billion ≈ $2.09 Billion |
+14.79% |
| 2022-12-31 | €1.56 Billion ≈ $1.82 Billion |
+18.96% |
| 2021-12-31 | €1.31 Billion ≈ $1.53 Billion |
+48.68% |
| 2020-12-31 | €879.94 Million ≈ $1.03 Billion |
+100.57% |
| 2019-12-31 | €438.71 Million ≈ $512.90 Million |
+29.83% |
| 2018-12-31 | €337.92 Million ≈ $395.06 Million |
+28.31% |
| 2017-12-31 | €263.36 Million ≈ $307.90 Million |
+26.28% |
| 2016-12-31 | €208.56 Million ≈ $243.83 Million |
+30.20% |
| 2015-12-31 | €160.19 Million ≈ $187.27 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Globant SA's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 1294.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €965.74 Million | 46.13% |
| Other Components | €1.13 Billion | 53.87% |
| Total Equity | €2.09 Billion | 100.00% |
Globant SA Competitors by Market Cap
The table below lists competitors of Globant SA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Jangho Group Co Ltd
SHG:601886
|
$1.50 Billion |
|
OSK Holdings Bhd
KLSE:5053
|
$1.50 Billion |
|
Proeduca Altus S.A.
MC:PRO
|
$1.50 Billion |
|
Holmen AB (publ)
ST:HOLM-A
|
$1.50 Billion |
|
Faes Farma SA
MC:FAE
|
$1.50 Billion |
|
DTR Automotive
KO:007340
|
$1.50 Billion |
|
Dauch Corporation
NYSE:DCH
|
$1.50 Billion |
|
Universal Technical Institute Inc
NYSE:UTI
|
$1.50 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Globant SA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,963,931,000 to 2,093,601,000, a change of 129,670,000 (6.6%).
- Net income of 102,918,000 contributed positively to equity growth.
- Share repurchases of 56,126,000 reduced equity.
- Other factors increased equity by 82,878,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €102.92 Million | +4.92% |
| Share Repurchases | €56.13 Million | -2.68% |
| Other Changes | €82.88 Million | +3.96% |
| Total Change | €- | 6.60% |
Book Value vs Market Value Analysis
This analysis compares Globant SA's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.66x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 4.22x to 0.66x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €7.48 | €31.59 | x |
| 2018-12-31 | €9.40 | €31.59 | x |
| 2019-12-31 | €11.87 | €31.59 | x |
| 2020-12-31 | €22.06 | €31.59 | x |
| 2021-12-31 | €31.28 | €31.59 | x |
| 2022-12-31 | €35.67 | €31.59 | x |
| 2023-12-31 | €40.14 | €31.59 | x |
| 2024-12-31 | €44.61 | €31.59 | x |
| 2025-12-31 | €47.76 | €31.59 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Globant SA utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 4.92%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.19%
- • Asset Turnover: 0.74x
- • Equity Multiplier: 1.58x
- Recent ROE (4.92%) is below the historical average (11.10%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 19.77% | 12.47% | 1.14x | 1.39x | €15.64 Million |
| 2016 | 17.20% | 11.11% | 1.13x | 1.37x | €15.01 Million |
| 2017 | 11.57% | 7.37% | 1.16x | 1.36x | €4.12 Million |
| 2018 | 15.27% | 9.88% | 1.19x | 1.29x | €17.80 Million |
| 2019 | 12.31% | 8.19% | 0.96x | 1.57x | €10.14 Million |
| 2020 | 6.16% | 6.66% | 0.63x | 1.46x | €-33.78 Million |
| 2021 | 7.38% | 7.43% | 0.69x | 1.45x | €-34.18 Million |
| 2022 | 9.92% | 8.40% | 0.81x | 1.45x | €-1.28 Million |
| 2023 | 9.17% | 7.56% | 0.77x | 1.58x | €-14.43 Million |
| 2024 | 8.44% | 6.86% | 0.76x | 1.61x | €-30.66 Million |
| 2025 | 4.92% | 4.19% | 0.74x | 1.58x | €-106.44 Million |
Industry Comparison
This section compares Globant SA's net assets metrics with peer companies in the Information Technology Services industry.
Industry Context
- Industry: Information Technology Services
- Average net assets among peers: $275,713,636
- Average return on equity (ROE) among peers: -10.07%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Globant SA (2G2) | €2.16 Billion | 19.77% | 0.54x | $1.50 Billion |
| CLPS INC. DL-0001 (1UK) | $67.80 Million | 6.57% | 0.50x | $22.08 Million |
| Solutions 30 SE (30L3) | $108.10 Million | -14.62% | 5.56x | $64.24 Million |
| Genpact Limited (35G) | $1.83 Billion | 16.81% | 1.66x | $4.90 Billion |
| NANOSPHERE (3NS) | $-1.44 Million | 0.00% | 0.00x | $1.14 Million |
| BIT MINING C.A SP.ADR 100 (50C0) | $25.13 Million | -114.24% | 1.89x | $13.76 Million |
| WISE PLC SPONS.ADR/1 (6WS0) | $409.20 Million | 8.04% | 17.49x | $9.95 Billion |
| GS TECHS LTD (DI) (6Y3) | $8.45 Million | -25.99% | 4.57x | $1.16 Million |
| CPT GLOBAL LTD (714) | $5.63 Million | 26.15% | 1.60x | $1.80 Million |
| PASSUS S.A. ZY-1 (71X) | $24.32 Million | 6.67% | 2.00x | $44.40 Million |
About Globant SA
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 lifecycle; GUT Studio, which allows clients to better connect brands to end-consumers through experiential marketing; and Enterpr… Read more