Latest news with #GlobeInternational
News.com.au
10-07-2025
- Business
- News.com.au
Secluded Bells Beach hideaway with surf check tower hits market
A secluded Bells Beach hideaway owned by a succession of surf and skate industry heavyweights has hit the market on the Surf Coast. Former champion skateboarder and co-founder of Globe International Peter Hill is among those who have left their mark on the 4.13ha bushland sanctuary. He installed a skate ramp alongside the striking three-bedroom house that's topped with a surf check tower. Natural Real Estate, Torquay listing agent Shaun O'Callaghan said the viewing room was 'possibly the best home office on the coast'. But you don't need to venture up there to get a glimpse of the waves – it's also possible to do a surf check from the comfort of the main bedroom. Mr O'Callaghan has set a $5.25m to $5.5m price guide for the property at 225 Jarosite Rd, Bells Beach, which includes a teepee, self-contained studio and a natural amphitheatre that's played host to small concerts. He said it offered an incredible private oasis on the doorstep of the famous Bells Beach surf break, as well quieter Southside beach and the Ironbark Basin nature trail. 'The obvious standout is the location, with the proximity to Bells and the views to the northeast,' he said. 'It's rare you obtain a view of that significance and also remain sheltered and protected from some of the prevailing winds. 'Some properties see the ocean but then others, of course, get the breaking waves and full connection to the surf. 'It's not just a property for surfers but interestingly the historical ownership has always been surfers or people from the surf industry.' He declined to comment on current ownership of the property. Kangaroos are often spotted grazing outside the 1990s house, which is elevated atop repurposed telephone poles. High timber ceilings, extensive glazing and wraparound decks reinforce the connection to nature inside the open-plan living area. Even the spa bath in the main bedroom's ensuite has an ocean view. 'The original owner was a hardcore surfer and also connected to what was on offer there so didn't want to make a statement of the property itself,' Mr O'Callaghan said. 'The architecture is really quite subtle but there's a lot of personality that goes with it, without it being overstated.' He said a large shed included a games room and gym, and there was also scope for buyers to infill under the existing house.
Yahoo
05-05-2025
- Business
- Yahoo
Globe International (ASX:GLB) Is Doing The Right Things To Multiply Its Share Price
If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for? One common approach is to try and find a company with returns on capital employed (ROCE) that are increasing, in conjunction with a growing amount of capital employed. If you see this, it typically means it's a company with a great business model and plenty of profitable reinvestment opportunities. So on that note, Globe International (ASX:GLB) looks quite promising in regards to its trends of return on capital. Our free stock report includes 3 warning signs investors should be aware of before investing in Globe International. Read for free now. If you haven't worked with ROCE before, it measures the 'return' (pre-tax profit) a company generates from capital employed in its business. Analysts use this formula to calculate it for Globe International: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) 0.18 = AU$17m ÷ (AU$131m - AU$36m) (Based on the trailing twelve months to December 2024). Therefore, Globe International has an ROCE of 18%. On its own, that's a standard return, however it's much better than the 9.2% generated by the Luxury industry. View our latest analysis for Globe International Historical performance is a great place to start when researching a stock so above you can see the gauge for Globe International's ROCE against it's prior returns. If you're interested in investigating Globe International's past further, check out this free graph covering Globe International's past earnings, revenue and cash flow. Investors would be pleased with what's happening at Globe International. The data shows that returns on capital have increased substantially over the last five years to 18%. The amount of capital employed has increased too, by 78%. The increasing returns on a growing amount of capital is common amongst multi-baggers and that's why we're impressed. In summary, it's great to see that Globe International can compound returns by consistently reinvesting capital at increasing rates of return, because these are some of the key ingredients of those highly sought after multi-baggers. And a remarkable 254% total return over the last five years tells us that investors are expecting more good things to come in the future. With that being said, we still think the promising fundamentals mean the company deserves some further due diligence. Globe International does have some risks, we noticed 3 warning signs (and 1 which is a bit concerning) we think you should know about. If you want to search for solid companies with great earnings, check out this free list of companies with good balance sheets and impressive returns on equity. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
Yahoo
24-03-2025
- Business
- Yahoo
Do Fundamentals Have Any Role To Play In Driving Globe International Limited's (ASX:GLB) Stock Up Recently?
Globe International's (ASX:GLB) stock up by 5.9% over the past three months. As most would know, long-term fundamentals have a strong correlation with market price movements, so we decided to look at the company's key financial indicators today to determine if they have any role to play in the recent price movement. Specifically, we decided to study Globe International's ROE in this article. Return on equity or ROE is an important factor to be considered by a shareholder because it tells them how effectively their capital is being reinvested. In short, ROE shows the profit each dollar generates with respect to its shareholder investments. ROE can be calculated by using the formula: Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity So, based on the above formula, the ROE for Globe International is: 14% = AU$11m ÷ AU$79m (Based on the trailing twelve months to December 2024). The 'return' is the profit over the last twelve months. So, this means that for every A$1 of its shareholder's investments, the company generates a profit of A$0.14. Check out our latest analysis for Globe International Thus far, we have learned that ROE measures how efficiently a company is generating its profits. We now need to evaluate how much profit the company reinvests or "retains" for future growth which then gives us an idea about the growth potential of the company. Assuming all else is equal, companies that have both a higher return on equity and higher profit retention are usually the ones that have a higher growth rate when compared to companies that don't have the same features. To begin with, Globe International seems to have a respectable ROE. Further, the company's ROE compares quite favorably to the industry average of 7.7%. For this reason, Globe International's five year net income decline of 13% raises the question as to why the high ROE didn't translate into earnings growth. Therefore, there might be some other aspects that could explain this. These include low earnings retention or poor allocation of capital. However, when we compared Globe International's growth with the industry we found that while the company's earnings have been shrinking, the industry has seen an earnings growth of 17% in the same period. This is quite worrisome. Earnings growth is a huge factor in stock valuation. It's important for an investor to know whether the market has priced in the company's expected earnings growth (or decline). By doing so, they will have an idea if the stock is headed into clear blue waters or if swampy waters await. Is Globe International fairly valued compared to other companies? These 3 valuation measures might help you decide. With a high three-year median payout ratio of 84% (implying that 16% of the profits are retained), most of Globe International's profits are being paid to shareholders, which explains the company's shrinking earnings. The business is only left with a small pool of capital to reinvest - A vicious cycle that doesn't benefit the company in the long-run. You can see the 3 risks we have identified for Globe International by visiting our risks dashboard for free on our platform here. Moreover, Globe International has been paying dividends for at least ten years or more suggesting that management must have perceived that the shareholders prefer dividends over earnings growth. Overall, we feel that Globe International certainly does have some positive factors to consider. Although, we are disappointed to see a lack of growth in earnings even in spite of a high ROE. Bear in mind, the company reinvests a small portion of its profits, which means that investors aren't reaping the benefits of the high rate of return. So far, we've only made a quick discussion around the company's earnings growth. So it may be worth checking this free detailed graph of Globe International's past earnings, as well as revenue and cash flows to get a deeper insight into the company's performance. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
Yahoo
03-03-2025
- Business
- Yahoo
Globe International First Half 2025 Earnings: EPS: AU$0.12 (vs AU$0.12 in 1H 2024)
Revenue: AU$95.8m (down 12% from 1H 2024). Net income: AU$4.76m (down 3.0% from 1H 2024). Profit margin: 5.0% (up from 4.5% in 1H 2024). The increase in margin was driven by lower expenses. EPS: AU$0.12 (down from AU$0.12 in 1H 2024). All figures shown in the chart above are for the trailing 12 month (TTM) period Globe International shares are up 1.7% from a week ago. It is worth noting though that we have found 3 warning signs for Globe International (1 is potentially serious!) that you need to take into consideration. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
