How to buy Globe International shares | A$1.96
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Globe International Limited is an apparel manufacturing business based in Australia. Globe International shares (GLB) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $1.96 – an increase of 8.29% over the previous week. Globe International has a trailing 12-month revenue of around $151.7 million.
How to buy shares in Globe International
- Compare share trading platforms. To buy shares listed in Australia, you'll need to sign up to a broker with access to the Australian Securities Exchange (ASX). Our table below can help you choose.
- Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
- Search for Globe International . Find the share by name or ticker symbol: GLB. Research its history to confirm it's a solid investment against your financial goals.
- Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Globe International reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
- Decide on how many to buy. At today's price of $1.96, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
- Check in on your investment. Congratulations, you own a part of Globe International . Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.
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What's in this guide?
- Globe International key stats
- Compare share trading platforms
- Is Globe International stock a buy or sell?
- Globe International performance over time
- Are Globe International shares over-valued?
- Globe International 's financials
- How volatile are Globe International shares?
- Does Globe International pay a dividend?
- Have Globe International shares ever split?
- Other common questions
How has coronavirus impacted Globe International 's share price?
Since the stock market crash in March caused by coronavirus, Globe International 's share price has had significant positive movement.
Its last market close was $1.96, which is 18.37% up on its pre-crash value of $1.6 and 76.58% up on the lowest point reached during the March crash when the shares fell as low as $1.11.
If you had bought $1,000 worth of Globe International shares at the start of February 2020, those shares would have been worth $674.16 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth $1,101.13.
Globe International share priceUse our graph to track the performance of GLB stocks over time.
Globe International shares at a glance
|Latest market close||AUDA$1.96|
|52-week range||AUDA$1.05 - AUDA$1.965|
|50-day moving average||AUDA$1.7681|
|200-day moving average||AUDA$1.3505|
|Dividend yield||AUDA$0.12 (6.32%)|
|Earnings per share (TTM)||AUDA$0.147|
Standard brokerage - Australian shares
Share Trading Account Offer
Competitive broker fees on Australian and international shares
- Brokerage - AU shares: From AUD 5 or 0.05%
- Brokerage - US shares: USD 0
- Sign-up process: Instant
- Support - After hours: Yes
Important: Share trading carries risk of capital loss.
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Is it a good time to buy Globe International stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
Globe International price performance over time
|1 week (2020-10-19)||7.69%|
|1 month (2020-09-25)||5.38%|
|3 months (2020-07-24)||71.18%|
|6 months (2020-04-24)||66.10%|
|1 year (2019-10-25)||55.56%|
|2 years (2018-10-26)||-12.11%|
|3 years (2017-10-26)||78.18%|
|5 years (2015-10-26)||11.36%|
Is Globe International under- or over-valued?
Valuing Globe International stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Globe International 's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Globe International 's P/E ratio
Globe International 's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 13x. In other words, Globe International shares trade at around 13x recent earnings.
That's relatively low compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Globe International 's EBITDA
Globe International 's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $4.8 million.
The EBITDA is a measure of a Globe International 's overall financial performance and is widely used to measure a its profitability.
Globe International financials
|Revenue TTM||$151.7 million|
|Operating margin TTM||2.44%|
|Gross profit TTM||$70.3 million|
|Return on assets TTM||2.94%|
|Return on equity TTM||13.66%|
|Market capitalisation||$79.2 million|
TTM: trailing 12 months
Globe International share dividends
Dividend payout ratio: 57.89% of net profits
Recently Globe International has paid out, on average, around 57.89% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 6.32% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Globe International shareholders could enjoy a 6.32% return on their shares, in the form of dividend payments. In Globe International 's case, that would currently equate to about A$0.12 per share.
Globe International 's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
The latest dividend was paid out to all shareholders who bought their shares by 2 September 2020 (the "ex-dividend date").
Have Globe International 's shares ever split?
Globe International 's shares were split on a 110:100 basis on 24 January 2008. So if you had owned 100 shares the day before before the split, the next day you'd have owned 110 shares. This wouldn't directly have changed the overall worth of your Globe International shares – just the quantity. However, indirectly, the new 9.1% lower share price could have impacted the market appetite for Globe International shares which in turn could have impacted Globe International 's share price.
Globe International share price volatility
Over the last 12 months, Globe International 's shares have ranged in value from as little as $1.05 up to $1.965. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (AU average) beta is 1, while Globe International 's is 0.2746. This would suggest that Globe International 's shares are less volatile than average (for this exchange).
Globe International overview
Globe International Limited, together with its subsidiaries, designs, produces, and distributes purpose-built apparel, footwear, and skateboard hard goods for the board sports, street fashion, and work wear markets in Australia, North America, Europe, and internationally. The company markets its products under various proprietary brands, such as Globe, Salty Crew, FXD, Almost, enjoi, Girl, Flip, Chocolate, Thrasher, Lakai, and Impala Rollerskates. It also licenses and distributes third party brands, such as Stüssy, Obey, M/SF/T, XLarge, Pro-Tec, and Hardcore. 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.
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