Globe International Limited (GLB) AI Stock Analysis

• Market Cap: AU$117.11M
• Dividend Yield: 7.43%
• Average Volume (3M): 5.30K
• Price to Earnings (P/E): 13.8
• Beta (1Y): 0.57
• Revenue Growth: -7.21%
• EPS Growth: -14.55%
• Country: AU
• Employees: 375
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Apparel - Manufacturers
• EPS (TTM): 0.08
• 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)
• Action: Reiterated Date: 11/21/25
• Date: Action: Reiterated 11/21/25

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

Conservative capital structure

A low debt-to-equity ratio of 0.26 indicates conservative leverage, giving the company durable financial flexibility. Over the next 2-6 months this supports investment in product development, marketing or weathering seasonal revenue swings without materially increasing financing risk.

Efficient equity returns

A 12.69% ROE signals the business can generate attractive returns on shareholders' capital. This reflects operating competence and, if sustained, enables reinvestment or shareholder distributions while supporting long-term capital allocation and strategic initiatives.

Established brand portfolio and diversified revenue streams

A multi-brand roster plus revenue from direct retail, licensing and distribution partnerships creates durable competitive advantages: brand loyalty, channel diversification and lower capital intensity from licensing. These structural features support recurring demand and insulate revenue volatility.

Negative Factors

Declining revenue

Persistent revenue contraction undermines long-term growth prospects and economies of scale. Over several quarters this reduces pricing power and limits reinvestment capacity, forcing trade-offs between marketing spend, new product launches and margin protection.

Gross margin compression

A steep gross margin decline from ~49% to ~31.6% signals structural cost or pricing pressure. That erosion materially tightens operating leeway, making it harder to cover SG&A and invest in growth without either sacrificing margins further or meaningfully improving cost structure.

Weak free cash flow generation

A 57% drop in free cash flow and an operating cash flow-to-net-income ratio of 0.31 indicate earnings are not converting well to cash. This limits the company's ability to fund inventory, capex, or dividends from operations and raises reliance on external financing for strategic moves.

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	Jun 2025	Jun 2024	Jun 2023	Jun 2021	Jun 2019
Income Statement
Total Revenue	209.21M	206.29M	222.32M	234.34M	274.46M	151.59M
Gross Profit	65.36M	65.13M	108.34M	72.48M	99.47M	45.15M
EBITDA	16.64M	18.85M	20.42M	30.77M	50.00M	9.18M
Net Income	8.46M	9.80M	11.47M	1.56M	18.64M	6.10M
Balance Sheet
Total Assets	125.16M	129.89M	127.91M	126.83M	151.23M	81.44M
Cash, Cash Equivalents and Short-Term Investments	19.32M	20.98M	22.12M	11.06M	15.45M	26.77M
Total Debt	25.69M	20.45M	18.90M	24.49M	31.19M	9.19M
Total Liabilities	49.21M	52.71M	51.63M	55.72M	75.16M	36.66M
Stockholders Equity	75.95M	77.18M	76.28M	71.11M	76.07M	44.78M
Cash Flow
Free Cash Flow	7.84M	9.79M	22.45M	10.43M	-20.05M	22.30M
Operating Cash Flow	9.66M	11.03M	23.39M	12.15M	-5.23M	23.22M
Investing Cash Flow	-2.07M	-1.50M	-453.00K	-1.72M	-15.43M	2.50M
Financing Cash Flow	-11.58M	-11.93M	-11.41M	-14.59M	-1.31M	-9.24M

Globe International Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 2.55
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• 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 2.82, below the 50-day MA of 2.71, and below the 200-day MA of 2.77, indicating a bullish trend. The MACD of 0.04 indicates Positive momentum. The RSI at 56.40 is Neutral, neither overbought nor oversold. The STOCH value of 58.33 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
JYC	72 Outperform	AU$168.25M	18.15	21.22%	5.01%	1.82%	-18.84%
SHM	70 Neutral	AU$56.30M	7.61	17.58%	6.10%	-13.36%	14.09%
FFI	69 Neutral	AU$61.73M	8.50	12.79%	4.65%	10.17%	286.45%
DSK	66 Neutral	AU$58.84M	11.88	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$117.11M	13.83	12.77%	7.43%	-7.21%	-14.55%
ABY	55 Neutral	AU$41.34M	129.41	1.90%	―	1.58%	-65.09%

Globe International Limited Corporate Events

Globe International Declares Interim Dividend of AUD 0.10 per Share

Globe International Limited has declared a dividend of AUD 0.10 per ordinary fully paid share, relating to the six-month period ended 31 December 2025. The stock will trade ex-dividend on 12 March 2026, with a record date of 13 March and payment scheduled for 27 March 2026.

The announced dividend underscores the company’s ongoing capital return to shareholders and provides visibility on near-term income for investors. The timetable allows the market to price in the distribution, and the absence of additional approvals suggests a routine payout within Globe International’s established dividend policy framework.

The most recent analyst rating on (AU:GLB) stock is a Hold with a A$3.00 price target. To see the full list of analyst forecasts on Globe International Limited stock, see the AU:GLB Stock Forecast page.

Globe International Highlights Global Reach and Diversified Brand Portfolio

Globe International has highlighted its position as a global supplier of apparel, footwear and skate hardgoods spanning boardsports, streetwear, outdoor and workwear segments. The company’s diversified model, built around a mix of proprietary, licensed and distributed brands, underpins its broad geographic reach and reinforces its competitive footing across multiple lifestyle and action-sports markets.

The most recent analyst rating on (AU:GLB) stock is a Hold with a A$3.00 price target. To see the full list of analyst forecasts on Globe International Limited stock, see the AU:GLB Stock Forecast page.

Globe International Lifts Revenue but Takes Tariff Hit in First Half

Globe International reported H1 FY26 revenue of $98.2 million, up 3% year-on-year, driven by strong performances from its global brands despite challenging trading conditions. The company operates with a solid balance sheet, holding net cash of $19.3 million, and maintained a fully franked interim dividend of $0.10 per share.

Profitability softened, with EBIT down 27% to $5.2 million and NPAT falling 28% to $3.4 million, largely due to the sudden imposition of higher U.S. tariffs that temporarily pressured margins. Management said swift adjustments to its U.S. operations and an operational reset in Europe, where sales grew 21%, have strengthened the platform for margin recovery and expect higher revenue and profit in the second half and for the full year to surpass FY25.

The most recent analyst rating on (AU:GLB) stock is a Hold with a A$3.00 price target. To see the full list of analyst forecasts on Globe International Limited stock, see the AU:GLB Stock Forecast page.

Globe International Lifts Sales but Profit Slides in Half-Year Result

Globe International Limited reported net sales of $98.2 million for the half year to 31 December 2025, a 3.1% increase on the prior corresponding period, while EBIT fell 27.4% to $5.2 million and net profit after tax declined 28.2% to $3.4 million, reflecting margin pressure despite modest revenue growth. The company maintained shareholder returns by declaring a fully franked interim dividend of 10 cents per share, though net tangible asset backing per share eased slightly to $1.82 from $1.85, signalling softer profitability but continued balance sheet support for investors.

The most recent analyst rating on (AU:GLB) stock is a Hold with a A$3.00 price target. To see the full list of analyst forecasts on Globe International Limited stock, see the AU:GLB Stock Forecast page.