GitLab Inc
NASDAQ:GTLB

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GitLab Inc
NASDAQ:GTLB
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Price: 59.83 USD 7.49% Market Closed
Market Cap: 9.7B USD
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Relative Value

The Relative Value of one GTLB stock under the Base Case scenario is 35 USD. Compared to the current market price of 59.83 USD, GitLab Inc is Overvalued by 42%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

GTLB Relative Value
Base Case
35 USD
Overvaluation 42%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

13.6
P/S
P/S
Price to Sales
13.6
vs History
75
vs Industry
8
Median 3Y
16.8
Median 5Y
16
Industry
2.4
Forward
12.6
More Details
Negative
P/E
P/E
Price to Earnings
N/A
vs History
vs Industry
Median 3Y
-37.9
Median 5Y
-37.7
Industry
23.2
Forward
92.7
More Details
Negative
P/OCF
P/OCF
Price to OCF
N/A
vs History
vs Industry
5
Median 3Y
-99.4
Median 5Y
-100.1
Industry
17.4
More Details
Negative
P/FCFE
P/FCFE
Price to FCFE
N/A
vs History
vs Industry
6
Median 3Y
-92.9
Median 5Y
-95.4
Industry
21.3
More Details
13.4
P/B
P/B
Price to Book Value
13.4
vs History
35
vs Industry
6
Median 3Y
11.1
Median 5Y
10.9
Industry
2.9
More Details
12.3
EV/S
EV/S
Enterprise Value to Sales
12.3
vs History
75
vs Industry
9
Median 3Y
14.5
Median 5Y
13.9
Industry
2.4
Forward
11.4
More Details
13.9
EV/GP
EV/GP
Enterprise Value to Gross Profit
13.9
vs History
72
vs Industry
15
Median 3Y
16.5
Median 5Y
15.7
Industry
4.9
More Details
Negative
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
N/A
vs History
vs Industry
Median 3Y
-40.9
Median 5Y
-40.8
Industry
12.9
Forward
139.2
More Details
Negative
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
N/A
vs History
vs Industry
Median 3Y
-39.1
Median 5Y
-39
Industry
16.5
Forward
150.6
More Details
Negative
EV/OCF
EV/OCF
Enterprise Value to OCF
N/A
vs History
vs Industry
6
Median 3Y
-87.1
Median 5Y
-87.5
Industry
16.3
More Details
Negative
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
N/A
vs History
vs Industry
6
Median 3Y
-81.2
Median 5Y
-84
Industry
19
More Details
26.3
EV/IC
EV/IC
Enterprise Value to IC
26.3
vs History
77
vs Industry
2
Median 3Y
30.9
Median 5Y
30.8
Industry
2.5
More Details

Multiples Across Competitors

GTLB Competitors Multiples
GitLab Inc Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
US
GitLab Inc
NASDAQ:GTLB
9.7B USD 13.6 -199.5 -60 -56.2
US
Microsoft Corp
NASDAQ:MSFT
3.2T USD 12.8 35.9 23.3 28.6
US
Oracle Corp
NYSE:ORCL
474.4B USD 8.6 40.8 23.3 31.4
US
ServiceNow Inc
NYSE:NOW
225.1B USD 21.5 168.5 121.3 175.7
US
CrowdStrike Holdings Inc
NASDAQ:CRWD
89.2B USD 23.9 704.2 433.3 -83 221.9
US
Fortinet Inc
NASDAQ:FTNT
74.2B USD 13 48.5 41.4 44.4
US
Palo Alto Networks Inc
NASDAQ:PANW
61.2B USD 7.4 22.4 44.3 57.7
US
VMware Inc
XETRA:BZF1
58B EUR 4.4 42.4 19.6 33.1
US
Xperi Holding Corp
LSE:0M2A
54.6B USD 158.9 1 322.6 292.5 517.1
US
Zscaler Inc
NASDAQ:ZS
28.7B USD 12.5 -792.5 -1 648.6 -256.3
IL
Check Point Software Technologies Ltd
NASDAQ:CHKP
20.7B USD 8.2 24.7 20.2 22
P/E Multiple
Earnings Growth P/E to Growth
US
GitLab Inc
NASDAQ:GTLB
Average P/E: 267.8
Negative Multiple: -199.5 		N/A N/A
US
Microsoft Corp
NASDAQ:MSFT
35.9
53%
0.7
US
Oracle Corp
NYSE:ORCL
40.8
120%
0.3
US
ServiceNow Inc
NYSE:NOW
168.5
145%
1.2
US
CrowdStrike Holdings Inc
NASDAQ:CRWD
704.2
1 458%
0.5
US
Fortinet Inc
NASDAQ:FTNT
48.5
88%
0.5
US
Palo Alto Networks Inc
NASDAQ:PANW
22.4
9%
2.6
US
V
VMware Inc
XETRA:BZF1
42.4
169%
0.3
US
Xperi Holding Corp
LSE:0M2A
1 322.6
N/A N/A
US
Zscaler Inc
NASDAQ:ZS
Negative Multiple: -792.5 N/A N/A
IL
Check Point Software Technologies Ltd
NASDAQ:CHKP
24.7
45%
0.5
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
US
GitLab Inc
NASDAQ:GTLB
Average EV/EBITDA: 113.3
Negative Multiple: -60 		N/A N/A
US
Microsoft Corp
NASDAQ:MSFT
23.3
56%
0.4
US
Oracle Corp
NYSE:ORCL
23.3
86%
0.3
US
ServiceNow Inc
NYSE:NOW
121.3
343%
0.4
US
CrowdStrike Holdings Inc
NASDAQ:CRWD
433.3
922%
0.5
US
Fortinet Inc
NASDAQ:FTNT
41.4
95%
0.4
US
Palo Alto Networks Inc
NASDAQ:PANW
44.3
225%
0.2
US
V
VMware Inc
XETRA:BZF1
19.6
70%
0.3
US
Xperi Holding Corp
LSE:0M2A
292.5
N/A N/A
US
Zscaler Inc
NASDAQ:ZS
Negative Multiple: -1 648.6 N/A N/A
IL
Check Point Software Technologies Ltd
NASDAQ:CHKP
20.2
33%
0.6
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
US
GitLab Inc
NASDAQ:GTLB
Average EV/EBIT: 113.8
Negative Multiple: -56.2 		N/A N/A
US
Microsoft Corp
NASDAQ:MSFT
28.6
52%
0.5
US
Oracle Corp
NYSE:ORCL
31.4
110%
0.3
US
ServiceNow Inc
NYSE:NOW
175.7
562%
0.3
US
CrowdStrike Holdings Inc
NASDAQ:CRWD
Negative Multiple: -83 221.9
13 392%
N/A
US
Fortinet Inc
NASDAQ:FTNT
44.4
98%
0.5
US
Palo Alto Networks Inc
NASDAQ:PANW
57.7
312%
0.2
US
V
VMware Inc
XETRA:BZF1
33.1
119%
0.3
US
Xperi Holding Corp
LSE:0M2A
517.1
N/A N/A
US
Zscaler Inc
NASDAQ:ZS
Negative Multiple: -256.3 N/A N/A
IL
Check Point Software Technologies Ltd
NASDAQ:CHKP
22
37%
0.6

See Also

Summary
GTLB intrinsic value, competitors valuation, and company profile.
DCF Valuation
GTLB stock valuation using Discount Cash Flow valuation method.
Relative Valuation
GTLB stock valuation using valuation multiples.
Wall Street Estimates
GTLB price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
GTLB stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
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