Globant SA (GLOB) - Net Assets
Based on the latest financial reports, Globant SA (GLOB) has net assets worth $2.24 Billion USD as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($3.35 Billion) and total liabilities ($1.10 Billion). 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 GLOB asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $2.24 Billion |
| % of Total Assets | 67.06% |
| Annual Growth Rate | 39.01% |
| 5-Year Change | 131.08% |
| 10-Year Change | 1169.38% |
| Growth Volatility | 29.39 |
Globant SA - Net Assets Trend (2010–2024)
This chart illustrates how Globant SA's net assets have evolved over time, based on quarterly financial data. Also explore GLOB total asset value for the complete picture of this company's asset base.
Annual Net Assets for Globant SA (2010–2024)
The table below shows the annual net assets of Globant SA from 2010 to 2024. For live valuation and market cap data, see how much is Globant SA worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $2.03 Billion | +13.24% |
| 2023-12-31 | $1.80 Billion | +15.39% |
| 2022-12-31 | $1.56 Billion | +18.94% |
| 2021-12-31 | $1.31 Billion | +48.68% |
| 2020-12-31 | $879.94 Million | +100.57% |
| 2019-12-31 | $438.71 Million | +29.83% |
| 2018-12-31 | $337.92 Million | +27.87% |
| 2017-12-31 | $264.26 Million | +26.20% |
| 2016-12-31 | $209.41 Million | +30.73% |
| 2015-12-31 | $160.19 Million | +25.66% |
| 2014-12-31 | $127.48 Million | +112.94% |
| 2013-12-31 | $59.87 Million | +39.42% |
| 2012-12-31 | $42.94 Million | +31.11% |
| 2011-12-31 | $32.75 Million | +62.10% |
| 2010-12-31 | $20.20 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 40173.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $862.82 Million | 43.93% |
| Common Stock | $52.84 Million | 2.69% |
| Other Comprehensive Income | $-144.76 Million | -7.37% |
| Other Components | $1.19 Billion | 60.75% |
| Total Equity | $1.96 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 |
|---|---|
|
Zymeworks Inc. Common Stock
NASDAQ:ZYME
|
$1.79 Billion |
|
Hunan Valin Wire & Cable Co Ltd
SHE:001208
|
$1.79 Billion |
|
Formula Systems (1985) Ltd
F:FSY
|
$1.79 Billion |
|
Ls Cable & System Asia Ltd
KO:229640
|
$1.79 Billion |
|
GRAIL, LLC
NASDAQ:GRAL
|
$1.79 Billion |
|
Beijing Yuanliu Hongyuan Electronic Technology Co Ltd
SHG:603267
|
$1.79 Billion |
|
Zhejiang Runtu Co Ltd
SHE:002440
|
$1.79 Billion |
|
Dongsuh
KO:026960
|
$1.79 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 2023 to 2024, total equity changed from 1,729,664,000 to 1,963,931,000, a change of 234,267,000 (13.5%).
- Net income of 165,732,000 contributed positively to equity growth.
- Share repurchases of 10,675,000 reduced equity.
- Other comprehensive income decreased equity by 102,708,000.
- Other factors increased equity by 181,918,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $165.73 Million | +8.44% |
| Share Repurchases | $10.68 Million | -0.54% |
| Other Comprehensive Income | $-102.71 Million | -5.23% |
| Other Changes | $181.92 Million | +9.26% |
| Total Change | $- | 13.54% |
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: 0.92x
- 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 67.08x to 0.92x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2010-12-31 | $0.61 | $40.62 | x |
| 2011-12-31 | $0.98 | $40.62 | x |
| 2012-12-31 | $1.29 | $40.62 | x |
| 2013-12-31 | $1.78 | $40.62 | x |
| 2014-12-31 | $4.00 | $40.62 | x |
| 2015-12-31 | $4.57 | $40.62 | x |
| 2016-12-31 | $5.91 | $40.62 | x |
| 2017-12-31 | $7.32 | $40.62 | x |
| 2018-12-31 | $9.21 | $40.62 | x |
| 2019-12-31 | $11.65 | $40.62 | x |
| 2020-12-31 | $22.16 | $40.62 | x |
| 2021-12-31 | $31.02 | $40.62 | x |
| 2022-12-31 | $35.18 | $40.62 | x |
| 2023-12-31 | $39.68 | $40.62 | x |
| 2024-12-31 | $44.05 | $40.62 | 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): 8.44%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.86%
- • Asset Turnover: 0.76x
- • Equity Multiplier: 1.61x
- Recent ROE (8.44%) is below the historical average (13.67%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2010 | 25.72% | 9.06% | 1.73x | 1.64x | $3.17 Million |
| 2011 | 21.64% | 7.87% | 1.52x | 1.81x | $3.81 Million |
| 2012 | -3.03% | -1.01% | 1.58x | 1.90x | $-5.59 Million |
| 2013 | 23.19% | 8.70% | 1.42x | 1.88x | $7.83 Million |
| 2014 | 19.82% | 12.66% | 1.24x | 1.26x | $12.52 Million |
| 2015 | 19.75% | 12.46% | 1.14x | 1.39x | $15.61 Million |
| 2016 | 17.53% | 11.37% | 1.13x | 1.36x | $15.77 Million |
| 2017 | 11.79% | 7.54% | 1.14x | 1.37x | $4.74 Million |
| 2018 | 15.27% | 9.88% | 1.18x | 1.31x | $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 | 7.36% | 7.41% | 0.69x | 1.44x | $-34.47 Million |
| 2022 | 9.88% | 8.36% | 0.81x | 1.46x | $-1.86 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 |
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: $994,464,162
- Average return on equity (ROE) among peers: 2.63%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Globant SA (GLOB) | $2.24 Billion | 25.72% | 0.49x | $1.79 Billion |
| Accenture plc (ACN) | $2.68 Billion | 35.12% | 2.34x | $110.67 Billion |
| Alithya Group Inc (ALYAF) | $26.79 Million | -22.19% | 1.46x | $89.55 Million |
| Applied Digital Corporation (APLD) | $3.63 Million | -76.89% | 0.16x | $7.31 Billion |
| ARB IOT Group Limited Ordinary Shares (ARBB) | $318.84 Million | 8.10% | 0.24x | $8.21 Million |
| ASGN Inc (ASGN) | $1.38 Billion | 12.69% | 1.14x | $904.39 Million |
| Aurora Innovation Inc (AUR) | $1.99 Billion | -40.10% | 0.13x | $8.73 Billion |
| BigBearai Holdings Inc (BBAI) | $11.68 Million | 53.50% | 0.37x | $1.87 Billion |
| Broadridge Financial Solutions Inc (BR) | $745.80 Million | 25.77% | 2.80x | $18.21 Billion |
| BIT Mining Limited (BTCM) | $133.56 Million | 13.10% | 0.18x | $18.91 Million |
| CACI International Inc (CACI) | $2.67 Billion | 17.16% | 1.32x | $11.34 Billion |
About Globant SA
Globant S.A., together with its subsidiaries, provides technology services worldwide. The company offers studio products comprising AI Studios Network, a network for AI adaptation for media and entertainment, finance, healthcare and life sciences, airlines, sports, automotive, games, hospitality and leisure, edtech, and retail industries; Globant GUT Network, a network that connect brands to end-… Read more