GITLAB INC-CL A (GTLB)
US37637K1088 - Common Stock
GTLB gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 279 industry peers in the Software industry. GTLB scores quite bad on profitability, while its financial health is fine. Not spectacular, but in line with the averages. GTLB is valued quite expensively, but it does show have an excellent growth rating.
1. Profitability
1.1 Basic Checks
In the past year GTLB was profitable.
GTLB had a positive operating cash flow in the past year.
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
GTLB's Return On Assets of -26.40% is on the low side compared to the rest of the industry. GTLB is outperformed by 74.91% of its industry peers.
GTLB has a Return On Equity of -56.52%. This is in the lower half of the industry: GTLB underperforms 71.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -26.4% | ||
| ROE | -56.52% | ||
| 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
The Gross Margin of GTLB (89.29%) is better than 95.34% of its industry peers.
In the last couple of years the Gross Margin of GTLB has remained more or less at the same level.
GTLB does not have Profit Margin and Operating Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 89.29% |
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.
There is no outstanding debt for GTLB. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
2.2 Solvency
GTLB has an Altman-Z score of 7.59. This indicates that GTLB is financially healthy and has little risk of bankruptcy at the moment.
GTLB has a Altman-Z score of 7.59. This is in the better half of the industry: GTLB outperforms 74.91% of its industry peers.
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 | 7.59 |
ROIC/WACCN/A
WACC11.9%
2.3 Liquidity
GTLB has a Current Ratio of 1.97. This is a normal value and indicates that GTLB is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 1.97, GTLB is in line with its industry, outperforming 59.50% of the companies in the same industry.
A Quick Ratio of 1.97 indicates that GTLB should not have too much problems paying its short term obligations.
The Quick ratio of GTLB (1.97) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.97 | ||
| Quick Ratio | 1.97 |
3. Growth
3.1 Past
GTLB shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 333.33%, which is quite impressive.
The Revenue has grown by 32.41% in the past year. This is a very strong growth!
The Revenue has been growing by 56.19% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)333.33%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%1400%
Revenue 1Y (TTM)32.41%
Revenue growth 3Y56.19%
Revenue growth 5YN/A
Sales Q2Q%30.81%
3.2 Future
GTLB is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 46.10% yearly.
Based on estimates for the next years, GTLB will show a very strong growth in Revenue. The Revenue will grow by 22.68% on average per year.
EPS Next Y151.35%
EPS Next 2Y86.03%
EPS Next 3Y68.58%
EPS Next 5Y46.1%
Revenue Next Year29.59%
Revenue Next 2Y26.95%
Revenue Next 3Y25.64%
Revenue Next 5Y22.68%
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
GTLB is valuated quite expensively with a Price/Earnings ratio of 154.29.
GTLB's Price/Earnings ratio is in line with the industry average.
The average S&P500 Price/Earnings ratio is at 28.96. GTLB is valued rather expensively when compared to this.
With a Price/Forward Earnings ratio of 98.55, GTLB can be considered very expensive at the moment.
GTLB's Price/Forward Earnings is on the same level as the industry average.
GTLB's Price/Forward Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 23.82.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 154.29 | ||
| Fwd PE | 98.55 |
4.2 Price Multiples
The rest of the industry has a similar Price/Free Cash Flow ratio as GTLB.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 157.33 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
GTLB's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
GTLB's earnings are expected to grow with 68.58% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.02
PEG (5Y)N/A
EPS Next 2Y86.03%
EPS Next 3Y68.58%
5. Dividend
5.1 Amount
No dividends for GTLB!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
GITLAB INC-CL A
NASDAQ:GTLB (11/21/2024, 6:31:28 PM)
After market: 65.481 +0.68 (+1.05%)64.8
+2.65 (+4.26%)
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 Cap10.40B
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)
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EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
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EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
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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 | 154.29 | ||
| Fwd PE | 98.55 | ||
| 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)1.02
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -26.4% | ||
| ROE | -56.52% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 89.29% | ||
| 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 Turnover0.48
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 1.97 | ||
| Quick Ratio | 1.97 | ||
| 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)
High Growth Momentum
Growth
EPS 1Y (TTM)333.33%
EPS 3YN/A
EPS 5Y
EPS Q2Q%
EPS Next Y151.35%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)32.41%
Revenue growth 3Y56.19%
Revenue growth 5Y
Sales 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