Globe International Limited (GLB) AI Stock Analysis

• Market Cap: AU$115.88M
• Dividend Yield: 7.43%
• Average Volume (3M): 5.30K
• Price to Earnings (P/E): 11.9
• Beta (1Y): 0.56
• Revenue Growth: -7.21%
• EPS Growth: -14.55%
• Country: AU
• Employees: 375
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Apparel - Manufacturers
• EPS (TTM): 0.12
• Shares Outstanding: 41,463,818
• 10 Day Avg. Volume: 4,757
• 30 Day Avg. Volume: 5,297
• PEG Ratio: -0.89
• Price to Book (P/B): 1.62
• Price to Sales (P/S): 0.60
• P/FCF Ratio: 12.75
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 60 Neutral
• Price Target: AU$3.00 ▲(17.65% Upside)

The overall stock score of 60 reflects a balance of mixed financial performance and bearish technical indicators, offset by attractive valuation metrics. The company's strong balance sheet and profitability are positive factors, but revenue and cash flow challenges need to be addressed. The technical analysis indicates current market weakness, while the valuation suggests potential undervaluation, offering a possible opportunity for investors.

Positive Factors

Brand Portfolio & Diversified Channels

Globe’s multi-brand portfolio and mixed revenue streams (direct retail, online, licensing, distributor partnerships) provide durable demand diversification. This supports steady customer loyalty and recurring revenue, reducing single-channel risk and enabling sustained market presence over the medium term.

Conservative Capital Structure

Low leverage and a strong equity ratio give the company financial flexibility to fund investment, weather industry cyclicality, and maintain dividend capacity. A healthy ROE shows efficient equity use, supporting long-term stability and the ability to pursue strategic initiatives without overreliance on debt.

Resilient Profitability

Maintaining positive net margin amid top-line pressure indicates effective cost controls and some pricing power. Persistent profitability provides a runway for reinvestment, brand support, or shareholder returns, improving the firm's capacity to navigate medium-term margin recovery efforts.

Negative Factors

Declining Revenue

A material revenue decline suggests loss of sales momentum or pricing pressure in core markets. Sustained top-line erosion undermines scale economics, constrains margin recovery, and may require strategic action—product refresh, channel expansion or marketing—to restore long-term growth trajectories.

Sharp Gross Margin Compression

A pronounced drop in gross margin points to rising input costs, unfavorable product mix, or weaker pricing power. This structural margin loss reduces operating leverage and the capacity to fund SG&A or R&D, making sustainable profit recovery dependent on either cost restructuring or improved pricing/product mix.

Weakened Cash Generation

A large fall in free cash flow and low operating-cash-to-income conversion signals stress in cash conversion. This impairs the company’s ability to fund capex, pay dividends, or build inventories for growth without tapping reserves or external finance, increasing medium-term liquidity and execution risk.

Globe International Limited Business Overview & Revenue Model

Company Description

Globe International Limited, together with its subsidiaries, designs, produces, and distributes purpose-built apparel, footwear, and hard goods for the board sports, street fashion, outdoor, and work wear markets in Australasia, North America, Europe, and internationally. The company markets its products under various proprietary brands, such as Globe, Salty Crew, FXD, DOT BOARDS, MILKBAR BIKES, and Impala Skate. It also licenses and distributes third party brands, such as Stüssy, Obey, M/SF/T, XLarge, X-Girl, RAEN, CHIMI, SZADE, PRO-TEC, Blind, Almost, enjoi, Girl, Chocolate, Thrasher, and Lakai. The company offers its products directly and through third party distributors, as well as through retail stores. Globe International Limited was founded in 1984 and is based in Port Melbourne, Australia.

How the Company Makes Money

Globe International Limited generates revenue through multiple key streams, including direct sales of its branded products to retailers and consumers through both physical and online channels. The company also benefits from licensing agreements for its brands, allowing third-party manufacturers to produce and sell products under its trademarks. Additionally, GLB has established strategic partnerships with various retailers and distributors to enhance its market reach. The company’s focus on innovation and quality in its product offerings helps to maintain customer loyalty and drive repeat purchases, contributing significantly to its overall earnings.

Globe International Limited Financial Statement Overview

Summary

Globe International Limited shows a mixed financial performance. The company faces revenue and gross margin pressures but maintains profitability and a strong balance sheet with low leverage. Cash flow challenges are evident, with a significant decline in free cash flow. Overall, the company demonstrates financial stability but needs to address revenue growth and cash flow generation to enhance its financial health.

Income Statement

Globe International Limited has experienced a decline in revenue growth, with a negative growth rate of -7.01% in the most recent year. The gross profit margin has decreased from 48.73% to 31.57%, indicating pressure on cost management. However, the company maintains a stable net profit margin of 4.75%, showing resilience in profitability despite revenue challenges.

Balance Sheet

The company maintains a healthy debt-to-equity ratio of 0.26, indicating a conservative leverage position. Return on equity is strong at 12.69%, reflecting efficient use of equity to generate profits. The equity ratio stands at 59.42%, suggesting a solid capital structure with a good proportion of equity financing.

Cash Flow

Free cash flow has significantly decreased by 57.45%, which is a concern for liquidity. The operating cash flow to net income ratio is 0.31, indicating moderate cash generation from operations relative to net income. The free cash flow to net income ratio is healthy at 0.89, suggesting that the company is able to convert a significant portion of its net income into free cash flow.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2021	Dec 2021
Income Statement
Total Revenue	206.83M	206.29M	222.32M	234.34M	274.46M	266.53M
Gross Profit	82.97M	65.13M	108.34M	72.48M	99.47M	106.07M
EBITDA	18.85M	18.85M	20.42M	30.77M	50.00M	11.46M
Net Income	9.80M	9.80M	11.47M	1.56M	18.64M	33.27M
Balance Sheet
Total Assets	129.89M	129.89M	127.91M	126.83M	151.23M	137.96M
Cash, Cash Equivalents and Short-Term Investments	20.98M	20.98M	22.12M	11.06M	15.45M	37.55M
Total Debt	20.45M	20.45M	18.90M	24.49M	31.19M	11.58M
Total Liabilities	52.71M	52.71M	51.63M	55.72M	75.16M	67.80M
Stockholders Equity	77.18M	77.18M	76.28M	71.11M	76.07M	70.17M
Cash Flow
Free Cash Flow	9.79M	9.79M	22.45M	10.43M	-20.05M	21.82M
Operating Cash Flow	11.03M	11.03M	23.39M	12.15M	-5.23M	22.49M
Investing Cash Flow	-1.50M	-1.50M	-453.00K	-1.72M	-15.43M	-595.00K
Financing Cash Flow	-11.93M	-11.93M	-11.41M	-14.59M	-1.31M	-10.92M

Globe International Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 2.55
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:GLB, the sentiment is Positive. The current price of 2.55 is below the 20-day moving average (MA) of 2.67, below the 50-day MA of 2.60, and below the 200-day MA of 2.79, indicating a bullish trend. The MACD of 0.05 indicates Negative momentum. The RSI at 67.54 is Neutral, neither overbought nor oversold. The STOCH value of 75.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:GLB.

Globe International Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SHM	70 Neutral	AU$58.10M	9.62	17.58%	6.10%	-13.36%	14.09%
FFI	69 Neutral	AU$65.61M	7.99	12.79%	4.65%	10.17%	286.45%
JYC	67 Neutral	AU$157.31M	21.39	21.22%	5.01%	1.82%	-18.84%
ABY	66 Neutral	AU$103.35M	135.80	1.90%	―	1.58%	-65.09%
DSK	66 Neutral	AU$53.86M	12.27	12.71%	9.03%	8.39%	3.21%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
GLB	60 Neutral	AU$115.88M	11.89	12.77%	7.43%	-7.21%	-14.55%