GITLAB INC-CL A (GTLB)
US37637K1088 - Common Stock
Overall GTLB gets a fundamental rating of 4 out of 10. We evaluated GTLB against 276 industry peers in the Software industry. The financial health of GTLB is average, but there are quite some concerns on its profitability. GTLB shows excellent growth, but is valued quite expensive already.
1. Profitability
1.1 Basic Checks
GTLB had positive earnings in the past year.
In the past year GTLB had a positive cash flow from operations.
GTLB had negative earnings in each of the past 5 years.
In the past 5 years GTLB reported 4 times negative operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of -32.19%, GTLB is doing worse than 74.09% of the companies in the same industry.
Looking at the Return On Equity, with a value of -74.27%, GTLB is doing worse than 69.34% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -32.19% | ||
| ROE | -74.27% | ||
| ROIC | N/A |
ROA(3y)-20.38%
ROA(5y)-29.5%
ROE(3y)-38.88%
ROE(5y)-52.17%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
GTLB has a Gross Margin of 89.78%. This is amongst the best in the industry. GTLB outperforms 97.08% of its industry peers.
In the last couple of years the Gross Margin of GTLB has remained more or less at the same level.
The Profit Margin and Operating Margin are not available for GTLB so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 89.78% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y0.73%
GM growth 5YN/A
2. Health
2.1 Basic Checks
GTLB does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for GTLB has been increased compared to 1 year ago.
GTLB has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
An Altman-Z score of 6.13 indicates that GTLB is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 6.13, GTLB is in the better half of the industry, outperforming 76.28% of the companies in the same industry.
GTLB has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 6.13 |
ROIC/WACCN/A
WACC9.93%
2.3 Liquidity
A Current Ratio of 1.93 indicates that GTLB should not have too much problems paying its short term obligations.
With a Current ratio value of 1.93, GTLB perfoms like the industry average, outperforming 56.93% of the companies in the same industry.
GTLB has a Quick Ratio of 1.93. This is a normal value and indicates that GTLB is financially healthy and should not expect problems in meeting its short term obligations.
The Quick ratio of GTLB (1.93) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.93 | ||
| Quick Ratio | 1.93 |
3. Growth
3.1 Past
GTLB shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 141.30%, which is quite impressive.
GTLB shows a strong growth in Revenue. In the last year, the Revenue has grown by 36.68%.
The Revenue has been growing by 56.19% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)141.3%
EPS 3YN/A
EPS 5YN/A
EPS growth Q2Q600%
Revenue 1Y (TTM)36.68%
Revenue growth 3Y56.19%
Revenue growth 5YN/A
Revenue growth Q2Q33.26%
3.2 Future
Based on estimates for the next years, GTLB will show a very strong growth in Earnings Per Share. The EPS will grow by 74.81% on average per year.
The Revenue is expected to grow by 25.71% on average over the next years. This is a very strong growth
EPS Next Y19.35%
EPS Next 2Y54.63%
EPS Next 3Y74.81%
EPS Next 5YN/A
Revenue Next Year27.41%
Revenue Next 2Y26.2%
Revenue Next 3Y25.71%
Revenue Next 5YN/A
3.3 Evolution
Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 286.42, GTLB can be considered very expensive at the moment.
Compared to the rest of the industry, the Price/Earnings ratio of GTLB is on the same level as its industry peers.
Compared to an average S&P500 Price/Earnings ratio of 28.06, GTLB is valued quite expensively.
With a Price/Forward Earnings ratio of 239.98, GTLB can be considered very expensive at the moment.
Compared to the rest of the industry, the Price/Forward Earnings ratio of GTLB is on the same level as its industry peers.
GTLB is valuated expensively when we compare the Price/Forward Earnings ratio to 20.72, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 286.42 | ||
| Fwd PE | 239.98 |
4.2 Price Multiples
GTLB's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 258.09 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
GTLB's earnings are expected to grow with 74.81% in the coming years. This may justify a more expensive valuation.
PEG (NY)14.8
PEG (5Y)N/A
EPS Next 2Y54.63%
EPS Next 3Y74.81%
5. Dividend
5.1 Amount
GTLB does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
GITLAB INC-CL A
NASDAQ:GTLB (5/2/2024, 7:00:01 PM)
After market: 54.75 +0.33 (+0.61%)54.42
+1.06 (+1.99%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap8.63B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
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Revenue beat(4)
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Revenue beat(8)
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Revenue beat(12)
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Revenue beat(16)
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PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 286.42 | ||
| Fwd PE | 239.98 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)14.8
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -32.19% | ||
| ROE | -74.27% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 89.78% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.44
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 1.93 | ||
| Quick Ratio | 1.93 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)141.3%
EPS 3YN/A
EPS 5Y
EPS growth Q2Q
EPS Next Y19.35%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)36.68%
Revenue growth 3Y56.19%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y