DATA

Globaldata PLC

Industrial Goods and Services First-pass screen £821m

540/1000 Overall fit

AI beneficiary 35% 65

Operating leverage 25% 68

Valuation 25% 30

Downside protection 15% 47

First-pass take

AI Hub adoption is compelling (90% customer penetration, 3x user growth) and forward revenue visibility strong (80% of 2026 contracted), but valuation is opaque (stock listing 5 March 2026), FCF weak (£34m, 10.7% of revenue), net debt £114m at 1.0x EBITDA, and transformation-phase margin dilution (41%→34%) depends on execution. Macro headwinds pressuring growth (1% underlying).

Flags

no-valuation-datatransformation-phasehigh-leverageweak-fcfmacro-headwinds