(GLBE) Global-E Online - Overview
Sector: Consumer Cyclical | Industry: Internet Retail | Exchange: NASDAQ (USA) | Market Cap: 5.031m USD | Total Return: -5.9% in 12m
Avg Turnover: 53.0M
EPS Trend: 14.7%
Qual. Beats: 0
Rev. Trend: 99.9%
Qual. Beats: 0
Warnings
No concerns identified
Tailwinds
Confidence
Global-E Online Ltd. (GLBE) operates a cloud-based platform designed to facilitate direct-to-consumer (DTC) cross-border e-commerce. Headquartered in Israel, the company provides infrastructure that localized the shopping experience for international consumers while managing logistics, taxation, and payment processing for global merchants. The business model relies on a transaction-based revenue stream, typically taking a percentage of the gross merchandise value processed through its platform.
The cross-border e-commerce sector is characterized by high operational complexity due to varying international customs regulations and currency volatility. Global-E addresses these barriers by integrating directly into merchant webstores to automate localized pricing and duty calculations. For a deeper look at the companys valuation metrics and growth trajectory, investors may find further analysis on ValueRay useful.
The company maintains a significant presence in major retail markets including the United States and the United Kingdom. As a Broadline Retail service provider, Global-E scales by expanding its merchant network and increasing the volume of international transactions supported by its proprietary technology stack.
- Gross Merchandise Value growth driven by luxury brand cross-border expansion
- Shopify partnership integration increases merchant acquisition and platform transaction volume
- Strategic expansion in US and European markets diversifies geographic revenue
- Currency exchange rate fluctuations impact international consumer purchasing power and margins
- High logistics and fulfillment costs influence overall platform profitability metrics
| Net Income: 116.5m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.23 > 0.02 and ΔFCF/TA 9.97 > 1.0 |
| NWC/Revenue: 45.13% < 20% (prev 51.09%; Δ -5.96% < -1%) |
| CFO/TA 0.23 > 3% & CFO 297.4m > Net Income 116.5m |
| Net Debt (-528.6m) to EBITDA (146.5m): -3.61 < 3 |
| Current Ratio: 2.25 > 1.5 & < 3 |
| Outstanding Shares: last quarter (174.0m) vs 12m ago 2.75% < -2% |
| Gross Margin: 45.59% > 18% (prev 0.45%; Δ 4.51k% > 0.5%) |
| Asset Turnover: 82.51% > 50% (prev 67.42%; Δ 15.09% > 0%) |
| Interest Coverage Ratio: 22.63 > 6 (EBITDA TTM 146.5m / Interest Expense TTM 5.47m) |
| A: 0.36 (Total Current Assets 831.9m - Total Current Liabilities 369.6m) / Total Assets 1.30b |
| B: -0.43 (Retained Earnings -564.9m / Total Assets 1.30b) |
| C: 0.10 (EBIT TTM 123.8m / Avg Total Assets 1.24b) |
| D: 2.34 (Book Value of Equity 911.4m / Total Liabilities 390.0m) |
| Altman-Z'' = 4.04 = AA |
| DSRI: 1.02 (Receivables 160.3m/122.2m, Revenue 1.02b/796.8m) |
| GMI: 0.99 (GM 45.59% / 45.21%) |
| AQI: 0.86 (AQ_t 0.34 / AQ_t-1 0.39) |
| SGI: 1.29 (Revenue 1.02b / 796.8m) |
| TATA: -0.14 (NI 116.5m - CFO 297.4m) / TA 1.30b) |
| Beneish M = -3.04 (Cap -4..+1) = AA |
As of May 25, 2026, the stock is trading at USD 29.95 with a total of 623,743 shares traded.
Over the past week, the price has changed by +7.39%,
over one month by -5.25%,
over three months by -12.68% and
over the past year by -5.85%.
Global-E Online has received a consensus analysts rating of 4.27. Therefore, it is recommended to buy GLBE.
- StrongBuy: 7
- Buy: 7
- Hold: 0
- Sell: 0
- StrongSell: 1
| Analysts Target Price | 45.9 | 53.1% |
P/E Trailing = 44.7015
P/E Forward = 35.9712
P/S = 4.9108
P/B = 5.5252
Revenue TTM = 1.02b USD
EBIT TTM = 123.8m USD
EBITDA TTM = 146.5m USD
Long Term Debt = 18.6m USD (estimated: total debt 23.9m - short term 5.26m)
Short Term Debt = 5.26m USD (from shortTermDebt, last quarter)
Debt = 23.9m USD (from shortLongTermDebtTotal, last quarter) (leases 23.9m already included)
Net Debt = -528.6m USD (calculated: Debt 23.9m - CCE 552.5m)
Enterprise Value = 4.50b USD (5.03b + Debt 23.9m - CCE 552.5m)
Interest Coverage Ratio = 22.63 (Ebit TTM 123.8m / Interest Expense TTM 5.47m)
EV/FCF = 15.29x (Enterprise Value 4.50b / FCF TTM 294.4m)
FCF Yield = 6.54% (FCF TTM 294.4m / Enterprise Value 4.50b)
FCF Margin = 28.74% (FCF TTM 294.4m / Revenue TTM 1.02b)
Net Margin = 11.37% (Net Income TTM 116.5m / Revenue TTM 1.02b)
Gross Margin = 45.59% ((Revenue TTM 1.02b - Cost of Revenue TTM 557.4m) / Revenue TTM)
Gross Margin QoQ = 45.57% (prev 46.00%)
Tobins Q-Ratio = 3.46 (Enterprise Value 4.50b / Total Assets 1.30b)
Interest Expense / Debt = 22.90% (Interest Expense 5.47m / Debt 23.9m)
Taxrate = 3.69% (1.16m / 31.5m)
NOPAT = 119.3m (EBIT 123.8m * (1 - 3.69%))
Current Ratio = 2.25 (Total Current Assets 831.9m / Total Current Liabilities 369.6m)
Debt / Equity = 0.03 (Debt 23.9m / totalStockholderEquity, last quarter 911.4m)
Debt / EBITDA = -3.61 (Net Debt -528.6m / EBITDA 146.5m)
Debt / FCF = -1.80 (Net Debt -528.6m / FCF TTM 294.4m)
Total Stockholder Equity = 921.5m (last 4 quarters mean from totalStockholderEquity)
RoA = 9.38% (Net Income 116.5m / Total Assets 1.30b)
RoE = 7.84% (Net Income TTM 116.5m / Total Stockholder Equity 1.49b)
RoCE = 8.23% (EBIT 123.8m / Capital Employed (Equity 1.49b + L.T.Debt 18.6m))
RoIC = 12.78% (NOPAT 119.3m / Invested Capital 933.5m)
WACC = 8.98% (E(5.03b)/V(5.05b) * Re(8.92%) + D(23.9m)/V(5.05b) * Rd(22.90%) * (1-Tc(0.04)))
Discount Rate = 8.92% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 77.78 | Cagr: 2.22%
[DCF] Terminal Value 75.95% ; FCFF base≈236.5m ; Y1≈271.1m ; Y5≈399.0m
[DCF] Fair Price = 35.31 (EV 5.40b - Net Debt -528.6m = Equity 5.93b / Shares 168.0m; r=8.98% [WACC]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 14.72 | EPS CAGR: 8.27% | SUE: 0.09 | # QB: 0
Revenue Correlation: 99.86 | Revenue CAGR: 30.55% | SUE: 0.37 | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.31 | Chg30d=+8.63% | Revisions=+33% | Analysts=5
EPS next Quarter (2026-09-30): EPS=0.31 | Chg30d=+5.08% | Revisions=+0% | Analysts=5
EPS current Year (2026-12-31): EPS=1.50 | Chg30d=+4.81% | Revisions=+11% | GrowthEPS=+40.1% | GrowthRev=+29.9%
EPS next Year (2027-12-31): EPS=1.86 | Chg30d=+1.80% | Revisions=+50% | GrowthEPS=+24.0% | GrowthRev=+24.6%
[Analyst] Revisions Ratio: +50%