Sep. 24 at 7:30 PM
$GLOB is the one company I've done the most work on this year, i thought it was a buy at
$90 but i waited and waited. I bought my first "slice" via options(short P vs long C) when it was around
$66 (~10x EPS of 6.35 fy26), i bought again below
$60 when
$DAVA took a 30%+ dive lower a few weeks ago... I have enough cash to buy 2-3 more times, by then it will be my largest position by A LOT. Yes, i am putting my money where my mouth is, YOU should do your own research and figure out if you can/want to invest in this or any other company.
Value investment? this is what i see '21 vs '26:
-revenues doubled
-margins maintained in the mid30%
-EPS doubles from 3.12 to
$6.35
-Market cap goes from 13bn+ down 80% to 2.5bn.
- P/E multiple goes from nearly 60x to current 9x, while industry comps are ~15x...
Verify all the above numbers in the chart/table below
The bad news, growth is flat (2024 vs 2026)..it MUST grow in order to command a premium valuation, all else is wishful thinking. Best of luck!
