Concentrix Corporation (CNXC) vs Globant S.A. (GLOB)

Concentrix Corporation and Globant S.A. are both Information Technology Services companies. Concentrix Corporation is the larger, with a market value of $1.8B against $1.5B — 1.2× the size. Concentrix Corporation has negative trailing earnings, so its P/E is not meaningful; Globant S.A. trades at 13.4×. Concentrix Corporation grew revenue faster over the last twelve months: 3.89% against −1.26%. Globant S.A. has the higher net margin (4.63% vs −13.2%) and the higher return on invested capital (4.83% vs −9.08%). Across the 20 metrics below, Globant S.A. leads on 14 and Concentrix Corporation on 6.

Valuation

Metric CNXC GLOB Information Technology Services median
P/E n/m 13.37 14.63
P/S 0.16 0.60 1.13
P/B 0.61 0.68 2.10
Price to free cash flow 3.11 2.79 10.11
EV/EBITDA n/m 9.23 8.56
EV/Sales 0.60 0.71 1.20
Earnings yield (78.73%) 7.48% 4.56%
Free cash flow yield 32.20% 35.90% 4.37%

Profitability

Metric CNXC GLOB Information Technology Services median
Gross margin 34.04% 34.52% 31.05%
Operating margin (10.22%) 7.65% 3.30%
Net margin (13.17%) 4.63% 2.09%
Free cash flow margin 5.31% 0.00% 0.00%
Return on equity (37.74%) 5.20% 4.12%
Return on assets (11.50%) 3.42% 0.61%
Return on invested capital (9.08%) 4.83% 0.57%

Growth

Metric CNXC GLOB Information Technology Services median
Revenue growth (TTM) 3.89% (1.26%) 7.12%
EPS growth (last fiscal year) (648.79%) (38.44%) —
Revenue growth, 5-year CAGR 15.80% 24.70% 7.71%
Net income growth, 5-year CAGR 0.00% 13.68% 0.00%

Health

Metric CNXC GLOB Information Technology Services median
Debt to equity 1.70 0.19 0.45
Current ratio 1.18 1.84 1.66
Net debt to EBITDA (18.41) 0.32 0.44

Dividend

Metric CNXC GLOB Information Technology Services median
Dividend yield 0.89% — 1.21%
Payout ratio 0.16 0.00 0.00

Size

Metric CNXC GLOB Information Technology Services median
Market cap 1.79b 1.52b 1.36b

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