The Screen · Technology · Information Technology Services
Globant S.A.
GLOB · the NYSE · USD · Market cap $1.7B · 28,510 employees
Globant S.A., together with its subsidiaries, provides technology services in the United States, rest of North America, Latin America, Europe, and internationally.
FAIL · Does not pass the screen
39.13 USD
At the last full screen 2026-09-07
Screened 2026-09-07 · the tape above runs as of 08:38 UTC · two dates, stated on purpose · verdict and workings shown in full · never trimmed
The Label · The Season, Not the Day
This name holds its distribution label.
Globant S.A. holds its Distribution at $39.13. Consolidating, no directional conviction, held for 6 days.
As held on the ledger · 2026-09-07
Phase
Distribution · caution
Quantitative state
Consolidating, no directional conviction, held for 6 days
Price at the screen
$39.13
Valuation
15.29 trailing · 6.31 forward price to earnings
Values screen
FAIL· score 70.0
Beta
0.98
The Workings
Five Screens, Shown in Full
Does not pass. Debt ratio
Test
Figure
Limit
What it means
Status
Business activity
Permissible
Core business clean
Its core business isn't built on prohibited lines: no gambling, alcohol, tobacco, weapons, or interest-based lending.
Pass
Debt load
35.59%
Below 33%
Interest-bearing debt is 35.6% of its assets, above the one-third ceiling the screen allows.
Fail
Interest-bearing cash
17.01%
Below 33%
Cash held in interest-bearing accounts and securities is 17.0% of assets, under the one-third limit.
Pass
Receivables
0.00%
Below 49%
Money owed to the company is 0.0% of assets, under the 49% limit.
Pass
Revenue purity
0.00%
Below 5%
Only 0.0% of revenue comes from non-compliant sources, under the 5% line.
Pass
Five checks adapted from AAOIFI screening standards: business activity plus four balance-sheet ratios. All five must pass for ethical clearance. Every figure is arithmetic on public accounts, not judgement.
What the Numbers Say It Is Worth
The Fair Value Range
Our framework reads AVOID: it trades at roughly a 44% discount to our $56.25 fair value, weak competitive moat.
Fair value range in USD, drawn from the 2026-09-07 screen. The gold marker is the market price at the same screen. A 43.8% margin of safety to the base estimate.
Third-party analyst targets: 22 covering, consensus Buy. The average target sits +15% from the screen price.
Reading the gap · Both our model and the analysts see meaningful upside from here.
Price History & Projections
Where it has been, where the models see it going. History from market close data; projection points are our fair-value estimates and third-party analyst targets, dated to the 2026-09-07 screen.
Fair value and rating are our own model estimates; the Street's range reflects third-party analyst estimates. Analysis, not advice.
The Business, in Plain Words
Globant trades cheap but debt kills the case
Picture a software shop promising AI magic while its balance sheet quietly creaks under too much borrowed money. Globant fails our ethical screen on debt ratio, and that single red flag overrides the headline numbers. Forward earnings sit at just 4.9 times, yet revenue shrank 1 percent last year, margins scrape 4 percent and return on equity limps along at 5 percent with a weak competitive moat.
We pass because an ethical breach is non-negotiable regardless of the 94 percent gap between the $32.23 share price and our $62.50 fair value. Twenty-two analysts still say buy with a $50 median target, but the business shows no durable edge and the debt load sits outside our tolerance.
Risk sits mainly in the leverage and the lack of growth, which together turn a low multiple into a warning rather than a bargain. Analysis, not advice.
The risks · The things to watch: it's a small-cap, so the share price can swing harder than the market; its business and earnings are exposed to Luxembourg and to currency swings.
Plain-English interpretation of our own screen data. Analysis, not advice.
Where & How to Trade
GLOB trades on the NYSE (the company is based in Luxembourg). As a listed security it is accessible through almost any international broker offering its home market. New to this, or investing from abroad? Our guide to accessing global markets covers brokers, currencies and the practical steps.
The Dated Journal · Newest First, Never Edited
Every Entry, As Written
2026-08-31Markup · changed$39.52+22.6%Entry 5
The framework has shifted from distribution to markup since the last review. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved up 22.6% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows negative risk-adjusted returns. Our composite framework grades it D, carrying a low risk profile. Technically it is sitting below its long-term trend line with momentum reading neutral. Over the past year the shares are down 64%. Our forward projection puts the odds of a 10% gain over the next month near 15%. The street (22 analysts) rates it buy, with a mean price target of $51.
2026-07-31Distribution$32.23-14.0%Entry 4
The framework reads distribution. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved down 14.0% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows negative risk-adjusted returns. Our composite framework grades it D, carrying a low risk profile. Technically it is sitting below its long-term trend line with momentum reading neutral. Over the past year the shares are down 64%. Our forward projection puts the odds of a 10% gain over the next month near 15%. The street (23 analysts) rates it buy, with a mean price target of $62.
2026-07-18Distribution$37.49+0.0%Entry 3
The framework reads distribution. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved down 0.0% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows negative risk-adjusted returns. Our composite framework grades it D, carrying a low risk profile. Technically it is sitting below its long-term trend line with momentum reading neutral. Over the past year the shares are down 64%. Our forward projection puts the odds of a 10% gain over the next month near 15%. The street (23 analysts) rates it buy, with a mean price target of $62.
2026-07-03Distribution$37.49+0.0%Entry 2
The framework reads distribution. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved down 0.0% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows negative risk-adjusted returns.
2026-07-02Distribution$37.49Entry 1
The framework reads distribution. Smart money appears to be selling into strength. Institutional holders may be rotating out. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows negative risk-adjusted returns.
Each entry above was written on its date, before the outcome. A journal you can prune is not a journal.
