Added to YB: 2025-09-09
Pitch date: 2025-09-06
GTLB [neutral]
GitLab Inc.
-13.84%
current return
Author Info
MVC Investing is a long-term investor. BSc in Economics, MSc in Finance. Equity Analyst with a focus on Fundamental Analysis and Valuation. Sign up for the newsletter.
Company Info
GitLab Inc., together with its subsidiaries, develops software for the software development lifecycle in the United States, Europe, and the Asia Pacific.
Market Cap
$6.6B
Pitch Price
$45.87
Price Target
N/A
Dividend
N/A
EV/EBITDA
-72.55
P/E
-138.20
EV/Sales
5.97
Sector
Software
Category
growth
Three Small Caps I’m Watching (Part 3/3): GitLab Inc.
GTLB (watchlist): DevSecOps leader w/ 90%+ gross margins, 17% net margin, strong moat vs fragmented competitors. AI tailwinds enhance productivity/security features. Growth decelerated to 24% but 16 straight double beats. Balance sheet strong w/ $1.2B cash. SBC at 23% of revenue offsets FCF. Premium valuation at 31x FCF limits upside.
Read full article (9 min)