GitLab Inc
NASDAQ:GTLB

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GitLab Inc
NASDAQ:GTLB
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Price: 36.95 USD -3.2%
Market Cap: $6.2B

Relative Value

The Relative Value of one GTLB stock under the Base Case scenario is 40.83 USD. Compared to the current market price of 36.95 USD, GitLab Inc is Undervalued by 10%.

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
40.83 USD
Undervaluation 10%
Relative Value
Price
Worst Case
Base Case
Best Case

Multiples Across Competitors

GTLB Competitors Multiples
GitLab Inc Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
US
GitLab Inc
NASDAQ:GTLB
6.2B USD 6.9 -130.8 -68 -59.2
US
Microsoft Corp
NASDAQ:MSFT
3.5T USD 12.1 34 20.2 26.1
US
Oracle Corp
NYSE:ORCL
506.6B USD 8.3 32.9 22.3 30.5
US
ServiceNow Inc
NYSE:NOW
136.4B USD 10.9 79.9 55.2 76.5
US
Palo Alto Networks Inc
NASDAQ:PANW
126.6B USD 13.1 112.4 75.2 95.9
US
CrowdStrike Holdings Inc
NASDAQ:CRWD
121.4B USD 26.5 -385.1 -2 105.9 -369
US
VMware Inc
XETRA:BZF1
58B EUR 5 47.8 25.9 43.7
US
Fortinet Inc
NASDAQ:FTNT
61.3B USD 9.3 32.5 26.8 28.8
US
Xperi Holding Corp
LSE:0M2A
54.6B USD 143.8 744.2 269 376.8
US
Zscaler Inc
NASDAQ:ZS
36B USD 12.7 -873.7 12 934.7 -255.2
IL
Cyberark Software Ltd
NASDAQ:CYBR
22.6B USD 17.2 -99 -2 048 -161
P/E Multiple
Earnings Growth PEG
US
GitLab Inc
NASDAQ:GTLB
Average P/E: 154.8
Negative Multiple: -130.8
N/A N/A
US
Microsoft Corp
NASDAQ:MSFT
34
18%
1.9
US
Oracle Corp
NYSE:ORCL
32.9
36%
0.9
US
ServiceNow Inc
NYSE:NOW
79.9
-10%
N/A
US
Palo Alto Networks Inc
NASDAQ:PANW
112.4
46%
2.4
US
CrowdStrike Holdings Inc
NASDAQ:CRWD
Negative Multiple: -385.1 N/A N/A
US
V
VMware Inc
XETRA:BZF1
47.8
39%
1.2
US
Fortinet Inc
NASDAQ:FTNT
32.5
12%
2.7
US
Xperi Holding Corp
LSE:0M2A
744.2
38%
19.6
US
Zscaler Inc
NASDAQ:ZS
Negative Multiple: -873.7 N/A N/A
IL
Cyberark Software Ltd
NASDAQ:CYBR
Negative Multiple: -99 N/A N/A
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
US
GitLab Inc
NASDAQ:GTLB
Average EV/EBITDA: 1 678.7
Negative Multiple: -68
N/A N/A
US
Microsoft Corp
NASDAQ:MSFT
20.2
19%
1.1
US
Oracle Corp
NYSE:ORCL
22.3
44%
0.5
US
ServiceNow Inc
NYSE:NOW
55.2
54%
1
US
Palo Alto Networks Inc
NASDAQ:PANW
75.2
41%
1.8
US
CrowdStrike Holdings Inc
NASDAQ:CRWD
Negative Multiple: -2 105.9
185%
N/A
US
V
VMware Inc
XETRA:BZF1
25.9
19%
1.4
US
Fortinet Inc
NASDAQ:FTNT
26.8
17%
1.6
US
Xperi Holding Corp
LSE:0M2A
269
8%
33.6
US
Zscaler Inc
NASDAQ:ZS
12 934.7
N/A N/A
IL
Cyberark Software Ltd
NASDAQ:CYBR
Negative Multiple: -2 048 N/A N/A
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
US
GitLab Inc
NASDAQ:GTLB
Average EV/EBIT: 96.9
Negative Multiple: -59.2
N/A N/A
US
Microsoft Corp
NASDAQ:MSFT
26.1
17%
1.5
US
Oracle Corp
NYSE:ORCL
30.5
38%
0.8
US
ServiceNow Inc
NYSE:NOW
76.5
65%
1.2
US
Palo Alto Networks Inc
NASDAQ:PANW
95.9
50%
1.9
US
CrowdStrike Holdings Inc
NASDAQ:CRWD
Negative Multiple: -369 N/A N/A
US
V
VMware Inc
XETRA:BZF1
43.7
30%
1.5
US
Fortinet Inc
NASDAQ:FTNT
28.8
17%
1.7
US
Xperi Holding Corp
LSE:0M2A
376.8
25%
15.1
US
Zscaler Inc
NASDAQ:ZS
Negative Multiple: -255.2 N/A N/A
IL
Cyberark Software Ltd
NASDAQ:CYBR
Negative Multiple: -161 N/A N/A