Globant (FRA:2G2) Cyclically Adjusted FCF per Share: €2.11 (As of Mar. 2026)


FRA:2G2 Globant SA FRA:2G2
81 GF Score
Price €27.40
GF Value €192.39
Valuation Significantly Undervalued
! 6 Warning Signs
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What is Globant Cyclically Adjusted FCF per Share?

Globant FRA:2G2 +5.63% 81 Cyclically Adjusted FCF per Share is €2.11 as of Mar. 2026. GuruFocus rates FRA:2G2 with a GF Score™ of 81/100 and a GF Value™ of €192.39 (Significantly Undervalued). The stock has 6 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

Globant's adjusted free cash flow per share for the three months ended in Mar. 2026 was €0.720. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is €2.11 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Globant's average Cyclically Adjusted FCF Growth Rate was 32.80% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 46.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Globant was 46.30% per year. The lowest was 46.30% per year. And the median was 46.30% per year.

As of today (2026-07-13), Globant's current stock price is €27.40. Globant's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was €2.11. Globant's Cyclically Adjusted Price-to-FCF of today is 12.99.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Globant was 3329.57. The lowest was 12.33. And the median was 134.11.


Globant  (FRA:2G2) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Globant's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=27.40/2.11
=12.99

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Globant was 3329.57. The lowest was 12.33. And the median was 134.11.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Globant Cyclically Adjusted FCF per Share Related Terms


Globant Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Globant's Cyclically Adjusted FCF per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Globant Cyclically Adjusted FCF per Share Chart

Globant Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.70 1.44 1.84 2.08

Globant Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted FCF per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.69 1.52 1.68 2.08 2.11

FRA:2G2 vs CLVT, SHAZ, DXC: Cyclically Adjusted FCF per Share Comparison

For the Information Technology Services subindustry, Globant's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Globant Cyclically Adjusted Price-to-FCF vs Software Industry

For the Software industry and Technology sector, Globant's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Globant's Cyclically Adjusted Price-to-FCF falls into.


FRA:2G2
81GF Score
Globant SA FRA:2G2
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Globant Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Globant's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.72/127.1600*127.1600
=0.720

Current CPI (Mar. 2026) = 127.1600.

Globant Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 -0.263 100.660 -0.332
201609 0.000 100.750 0.000
201612 0.000 101.040 0.000
201703 -0.342 101.780 -0.427
201706 -0.131 102.170 -0.163
201709 0.000 102.520 0.000
201712 0.000 102.410 0.000
201803 -0.266 102.900 -0.329
201806 0.323 103.650 0.396
201809 0.000 104.580 0.000
201812 0.000 104.320 0.000
201903 0.078 105.140 0.094
201906 0.000 105.550 0.000
201909 0.000 105.900 0.000
201912 0.000 106.080 0.000
202003 -0.417 106.040 -0.500
202006 0.000 106.340 0.000
202009 0.000 106.620 0.000
202012 0.000 106.670 0.000
202103 -0.567 108.140 -0.667
202106 0.209 108.680 0.245
202109 1.415 109.470 1.644
202112 0.982 111.090 1.124
202203 -0.963 114.780 -1.067
202206 0.380 116.750 0.414
202209 1.082 117.000 1.176
202212 1.845 117.060 2.004
202303 -0.039 118.910 -0.042
202306 0.190 120.460 0.201
202309 1.301 121.740 1.359
202312 2.550 121.170 2.676
202403 -0.101 122.590 -0.105
202406 -0.587 123.120 -0.606
202409 1.414 123.300 1.458
202412 1.958 122.430 2.034
202503 -0.117 124.210 -0.120
202506 -0.056 125.820 -0.057
202509 1.261 126.570 1.267
202512 2.962 126.180 2.985
202603 0.720 127.160 0.720

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

What does a Cyclically Adjusted FCF per Share of €2.11 mean?
Globant (FRA:2G2) has a Cyclically Adjusted FCF per Share of €2.11 as of Mar. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Globant and its competitors.
Is Globant's Cyclically Adjusted FCF per Share too high?
Globant's current Cyclically Adjusted FCF per Share is €2.11. Overall, Globant has a GF Score™ of 81/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Globant's Cyclically Adjusted FCF per Share compare to CLVT and SHAZ?
Globant's Cyclically Adjusted FCF per Share of €2.11 can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted FCF per Share for a Software company?
A good Cyclically Adjusted FCF per Share depends on the Software industry context. However, Cyclically Adjusted FCF per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted FCF per Share mean?
A high Cyclically Adjusted FCF per Share can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Globant and its competitors. Globant's current Cyclically Adjusted FCF per Share is €2.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Globant stock overvalued right now?
Based on GuruFocus' analysis, Globant (FRA:2G2) is currently considered Significantly Undervalued. The stock's GF Value™ is €192.39, compared to a current price of €27.40 — trading 85.8% below its estimated fair value. The current Cyclically Adjusted FCF per Share is €2.11. Globant's overall GF Score™ is 81/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted FCF per Share calculated?
Cyclically Adjusted FCF per Share is calculated from a company's financial statements. For Globant (FRA:2G2), the current Cyclically Adjusted FCF per Share is €2.11 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Globant (FRA:2G2) Overvalued in 2026?

Based on GuruFocus' analysis, Globant stock appears to be undervalued. The current stock price of €27.40 is trading 85.8% below its estimated GF Value™ of €192.39. GuruFocus considers Globant to be Significantly Undervalued.

Key valuation signals for FRA:2G2:

  • Cyclically Adjusted FCF per Share: €2.11
  • GF Value™: €192.39 vs. price of €27.40 (85.8% below fair value)
  • GF Score™: 81/100 with 6 warning signs

No single metric tells the full story. See the FRA:2G2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Globant Business Description

Address 37A, Avenue J.F. Kennedy, Luxembourg, LUX, L-1855
Globant is a next-generation IT services company that primarily assists clients with their digital transformation efforts by creating customized software for them. The company was founded in 2003 in Argentina but is currently headquartered in Luxembourg and primarily serves clients in the US and Latin America. Globant's client base is relatively concentrated in the media and entertainment and financial services industries.
81GF Score

Get the complete analysis for FRA:2G2

Cyclically Adjusted FCF per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€27.40
Price
€192.39
GF Value