GLOB vs INFY vs FORTY Stock Comparison

Globant, Infosys and Formula Systems (1985) Prices as of Oct 28, 2026 Peers: Industry group
GLOB Globant S.A.
$43.25 +28.0% 1M -28.8% 1Y
Market cap
$1.93B
P/E
17.0x
Revenue (TTM)
$2.45B
Div. yield
–
IT Services Technology
2 wins
INFY Infosys Ltd
$12.10 +15.0% 1M -28.4% 1Y
Market cap
$49.91B
P/E
0.2x
Revenue (TTM)
$952.02B
Div. yield
–
IT Services Technology
5 wins

Head to Head

11 decided of 12

Infosys leads on 5 of the 12 questions below (Infosys 5, Formula Systems (1985) 4, Globant 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionGLOBINFYFORTYLeader
Larger companyMarket capitalisation $1.93B $49.91B $1.85B INFY
Cheaper on earningsLower P/E, profitable companies only 17.0x 0.2x 2.9x INFY
Cheaper on forward earningsLower price / next fiscal year consensus EPS 7.6x 14.8x — GLOB
Faster revenue growthRevenue growth, trailing twelve months -1.3% +4,736.0% +24.8% INFY
More profitableNet margin, trailing twelve months 4.6% 32.3% 21.6% INFY
Better return on capitalReturn on invested capital 8.1% — 10.1% FORTY
Less leveragedLower net debt / EBITDA -0.2x 0.2x — GLOB
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -28.8% -28.4% -14.3% FORTY
Better 5-year returnAnnualised price return, 5 years -33.0%/yr -11.5%/yr +2.5%/yr FORTY
Less volatileAnnualised volatility, 1 year 60.4% 42.0% 55.3% INFY
Higher overall scoreMean of the five percentile scores vs peers 68/100 80/100 86/100 FORTY

Percentile Scorecard

GLOBINFYFORTY

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisGLOBINFYFORTY
Valuation 96 #3 of 49 100 #1 of 49 98 #2 of 49
Growth 39 #28 of 45 86 #7 of 45 93 #4 of 45
Profitability 66 #14 of 39 71 #12 of 39 82 #8 of 39
Financial Health 71 #18 of 60 81 #12 of 60 59 #25 of 60
Shareholder Returns – 61 #12 of 29 100 #1 of 29
Overall 68 80 86
  • GLOB ranked among 65 companies in Technology Services
  • INFY ranked among 65 companies in Technology Services
  • FORTY ranked among 65 companies in Technology Services

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodGLOBINFYFORTYSPY
1 month +28.0%+15.0%+12.0% +0.9%
3 months +13.4%-4.2%+13.2% +5.9%
6 months +6.4%-1.9%-7.6% +8.5%
Year to date -33.8%-32.1%-26.7% +13.3%
1 year -28.8%-28.4%-14.3% +12.4%
3 years -74.4%-26.4%+118.7% +88.1%
3 years, per year -36.5%-9.7%+29.8% +23.5%
5 years -86.5%-45.7%+12.9% +68.2%
5 years, per year -33.0%-11.5%+2.5% +11.0%
10 years -1.0%+58.3%+217.1% +263.4%
10 years, per year -0.1%+4.7%+12.2% +13.8%

Risk

MeasureGLOBINFYFORTYSPY
Volatility, 1Y 60.4%42.0%55.3% 12.7%
Downside volatility, 1Y 62.5%43.7%85.2% 12.7%
Beta vs S&P 500, 1Y 0.720.380.63 1.00
Return / volatility, 1Y -0.48-0.68-0.26 0.98
Max drawdown, 5Y -92.2%-60.0%-55.5% -25.4%
From 52-week high -39.3%-40.2%-35.8% -0.9%
52-week high $71.21$20.22$190.56 $779.14
52-week low $27.73$10.49$102.01 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleGLOBINFYFORTY
P/E now vs peer median 16.9xmedian 17.7x 0.2xmedian 17.7x 3.0xmedian 17.7x
P/S now vs peer median 0.8xmedian 0.7x 0.1xmedian 0.7x 0.6xmedian 0.7x
EV/EBITDA now vs peer median 7.9xmedian 10.7x 0.5xmedian 10.7x —median 10.7x
P/FCF now vs peer median 4.4xmedian 11.0x 3.5xmedian 11.0x —median 11.0x
P/B now vs peer median 0.9xmedian 1.5x 0.0xmedian 1.5x 1.1xmedian 1.5x
PEG now vs peer median -1.67median 1.35 0.00median 1.35 0.03median 1.35

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsGLOBINFYFORTY
Revenue $2.45B $952.02B $2.93B
Gross profit $846.14M $133.02B $580.29M
Operating income $187.55M $86.76B $249.80M
Net income $119.56M $16.45B $697.91M
Free cash flow $427.56M $14.08B –
R&D – – $21.15M
EPS (diluted) $2.52 $74.63 $39.97
Cash & equivalents $163.77M – $863.79M
Total debt $903.43M $27.97B $642.43M
Shares (diluted) 45.01M 4.12B 15.79M
Enterprise value $1.14B $37.44B -$1.50B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricGLOBINFYFORTY
P/E 16.9x 0.2x 3.0x
P/FCF 4.4x 3.5x –
P/Operating cash flow 5.4x 3.6x –
P/S 0.8x 0.1x 0.6x
P/B 0.9x 0.0x 1.1x
P/Tangible book 1.0x 0.0x 1.1x
EV/EBITDA 7.9x 0.5x –
EV/EBIT 9.8x 0.8x 4.7x
EV/Revenue 0.8x 0.1x 0.4x
EV/FCF 4.3x 5.2x –
EV/Operating cash flow 5.3x 5.3x –
PEG (3Y EPS CAGR) -1.67 0.00 0.03

Growth

14 metrics
MetricGLOBINFYFORTY
Revenue growth (1Y) -1.3% 4,736% 24.8%
Revenue CAGR (3Y) 8.5% 34.8% 3.9%
Gross profit growth (1Y) -4.1% 2,114% 22.3%
Gross profit CAGR (3Y) 6.3% 186.2% -3.2%
Operating income growth (1Y) 4.5% 1,997% 26.5%
Operating income CAGR (3Y) -1.8% 180.8% 1.6%
Net income growth (1Y) 6.9% -4.7% 255.1%
Net income CAGR (3Y) -7.0% 15.4% 61.1%
EPS growth (1Y) 1.9% 116.2% 700.9%
EPS CAGR (3Y) -10.1% 34.4% 112.1%
Operating cash flow growth (1Y) 31.2% -26.2% –
Operating cash flow CAGR (3Y) 12.4% -8.2% –
Free cash flow growth (1Y) 16.0% -25.7% –
Free cash flow CAGR (3Y) 6.5% -8.0% –

Profitability

14 metrics
MetricGLOBINFYFORTY
Gross margin 34.5% 14.0% 19.8%
EBITDA margin 9.5% 14.6% –
Operating margin 7.7% 9.1% 8.5%
Pretax margin 6.5% 22.6% 7.1%
Net margin 4.6% 32.3% 21.6%
FCF margin 17.4% 1.5% –
Operating cash flow margin 14.2% 1.4% –
Return on equity 9.2% 31.0% 40.1%
Return on assets 6.1% – 19.5%
Return on invested capital 8.1% – 10.1%
Return on capital employed 6.8% – 11.2%
Asset turnover 0.8x – 0.8x
Cash conversion (OCF / net income) 2.9x 0.8x –
Stock comp / revenue – 0.0% –

Financial Health

11 metrics
MetricGLOBINFYFORTY
Debt / assets 3.6% – 4.8%
Debt / equity 0.1x 0.0x 0.1x
Net debt / EBITDA -0.2x 0.2x –
Debt / FCF 0.3x 2.0x –
Liabilities / assets 32.7% – 52.8%
Equity / assets 67.3% – 47.2%
Interest coverage 4.9x 41.8x –
Current ratio 1.8x – 1.5x
Quick ratio 1.8x – 1.4x
Cash ratio 0.3x – 0.6x
Altman Z-score 2.61 – –

Shareholder Returns

7 metrics
MetricGLOBINFYFORTY
Dividend yield – 2.1% 12.4%
Net buyback yield – – –
Shareholder yield – 2.1% 12.4%
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusGLOBINFYFORTY
Forward P/E 7.6xFY2026 14.8xFY2026 –
EPS, next fiscal year $5.67FY2026 $0.82FY2026 –
EPS growth, next FY -7.7%FY2026 +2.5%FY2026 –
EPS growth, the year after +13.6% +8.5% –
Revenue, next fiscal year $2.36BFY2026 $21.28BFY2026 –
Revenue growth, next FY -3.6%FY2026 +5.6%FY2026 –
Revenue growth, the year after +1.0% -3.2% –

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersGLOBINFYFORTY
Held by institutions 100.0% 13.2% –
Institutions holding 291 431 –
Change in shares held, QoQ +26.5% +18.7% –
Institutions buying 186 218 –
Institutions selling 71 163 –
Buyers to sellers 2.62 1.34 –

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

GLOBINFYFORTY
GLOB 1.00 0.70 0.13
INFY 0.70 1.00 0.19
FORTY 0.13 0.19 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, GLOB, INFY and FORTY?

Infosys (INFY) is the largest by market capitalisation: Globant (GLOB) $1.93B, Infosys (INFY) $49.91B, Formula Systems (1985) (FORTY) $1.85B.

Which stock is cheaper, GLOB, INFY and FORTY?

Infosys (INFY) trades on the lowest price-to-earnings ratio (Globant (GLOB) 17.0x, Infosys (INFY) 0.2x, Formula Systems (1985) (FORTY) 2.9x). On next year's consensus earnings, Globant (GLOB) is cheapest (Globant (GLOB) 7.6x, Infosys (INFY) 14.8x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Infosys (INFY) grew revenue fastest over the trailing twelve months: Globant (GLOB) -1.3%, Infosys (INFY) +4,736.0%, Formula Systems (1985) (FORTY) +24.8%.

Which company is more profitable?

Infosys (INFY) has the highest net margin (Globant (GLOB) 4.6%, Infosys (INFY) 32.3%, Formula Systems (1985) (FORTY) 21.6%). On return on invested capital, Formula Systems (1985) (FORTY) leads (Globant (GLOB) 8.1%, Formula Systems (1985) (FORTY) 10.1%).

Which stock has performed better?

Over the past year Formula Systems (1985) (FORTY) returned the most: Globant (GLOB) -28.8%, Infosys (INFY) -28.4%, Formula Systems (1985) (FORTY) -14.3%. Over five years, Formula Systems (1985) (FORTY) compounded fastest (Globant (GLOB) -33.0%/yr, Infosys (INFY) -11.5%/yr, Formula Systems (1985) (FORTY) +2.5%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Infosys (INFY) has been the steadiest (Globant (GLOB) 60.4%, Infosys (INFY) 42.0%, Formula Systems (1985) (FORTY) 55.3%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, GLOB, INFY and FORTY?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Infosys (INFY) leads on 5. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.