GitLab Inc. (GTLB)

NASDAQ: GTLB · IEX Real-Time Price · USD
58.32
-0.43 (-0.73%)
At close: Mar 28, 2024, 4:00 PM
58.31
-0.01 (-0.02%)
After-hours: Mar 28, 2024, 7:39 PM EDT

Total Valuation

GitLab has a market cap or net worth of $9.37 billion. The enterprise value is $8.33 billion.

Market Cap 9.37B
Enterprise Value 8.33B

Important Dates

The last earnings date was Monday, March 4, 2024, after market close.

Earnings Date Mar 4, 2024
Ex-Dividend Date n/a

Share Statistics

GitLab has 152.80 million shares outstanding. The number of shares has increased by 3.96% in one year.

Shares Outstanding 152.80M
Shares Change (YoY) +3.96%
Shares Change (QoQ) +0.97%
Owned by Insiders (%) 5.14%
Owned by Institutions (%) 78.91%
Float 95.79M

Valuation Ratios

PE Ratio n/a
Forward PE 290.27
PS Ratio 16.16
Forward PS 13.35
PB Ratio 16.40
P/FCF Ratio 280.19
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings n/a
EV / Sales 14.37
EV / EBITDA n/a
EV / EBIT n/a
EV / FCF 249.20

Financial Position

The company has a current ratio of 1.94, with zero debt.

Current Ratio 1.94
Quick Ratio 1.82
Debt / Equity n/a
Debt / EBITDA n/a
Debt / FCF n/a
Interest Coverage n/a

Financial Efficiency

Return on equity (ROE) is -63.60% and return on invested capital (ROIC) is -32.82%.

Return on Equity (ROE) -63.60%
Return on Assets (ROA) -34.60%
Return on Capital (ROIC) -32.82%
Revenue Per Employee $272,256
Profits Per Employee -$199,143
Employee Count 2,130
Asset Turnover 0.47
Inventory Turnover n/a

Taxes

In the past 12 months, GitLab has paid $264.06 million in taxes.

Income Tax 264.06M
Effective Tax Rate n/a

Stock Price Statistics

The stock price has increased by +72.04% in the last 52 weeks. The beta is 0.52, so GitLab's price volatility has been lower than the market average.

Beta (1Y) 0.52
52-Week Price Change +72.04%
50-Day Moving Average 66.62
200-Day Moving Average 54.24
Relative Strength Index (RSI) 42.29
Average Volume (30 Days) 2,862,440

Short Selling Information

The latest short interest is 3.20 million, so 2.10% of the outstanding shares have been sold short.

Short Interest 3.20M
Short Previous Month 3.68M
Short % of Shares Out 2.10%
Short % of Float 3.34%
Short Ratio (days to cover) 1.66

Income Statement

In the last 12 months, GitLab had revenue of $579.91 million and -$424.17 million in losses. Loss per share was -$2.75.

Revenue 579.91M
Gross Profit 520.20M
Operating Income -187.44M
Pretax Income -160.12M
Net Income -424.17M
EBITDA -153.58M
EBIT -160.12M
Loss Per Share -$2.75
Full Income Statement

Balance Sheet

The company has $1.04 billion in cash and no debt, giving a net cash position of $1.04 billion or $6.78 per share.

Cash & Cash Equivalents 1.04B
Total Debt n/a
Net Cash 1.04B
Net Cash Per Share $6.78
Equity / Book Value 571.17M
Book Value Per Share 3.74
Working Capital 618.84M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $35.04 million and capital expenditures -$1.60 million, giving a free cash flow of $33.44 million.

Operating Cash Flow 35.04M
Capital Expenditures -1.60M
Free Cash Flow 33.44M
FCF Per Share $0.22
Full Cash Flow Statement

Margins

Gross margin is 89.70%, with operating and profit margins of -32.32% and -73.15%.

Gross Margin 89.70%
Operating Margin -32.32%
Pretax Margin -27.61%
Profit Margin -73.15%
EBITDA Margin -26.48%
EBIT Margin -27.61%
FCF Margin 5.77%

Dividends & Yields

GitLab does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield -3.96%
Shareholder Yield -3.96%
Earnings Yield -4.53%
FCF Yield 0.36%
Dividend Details

Analyst Forecast

The average price target for GitLab is $70.81, which is 21.42% higher than the current price. The consensus rating is "Buy".

Price Target $70.81
Price Target Difference 21.42%
Analyst Consensus Buy
Analyst Count 22
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

GitLab has an Altman Z-Score of 7.41 and a Piotroski F-Score of 4.

Altman Z-Score 7.41
Piotroski F-Score 4