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GitLabMEX:GTLB 53 EV-to-EBIT is -85.22 as of Aug. 03, 2026. GuruFocus rates MEX:GTLB with a GF Score™ of 53/100 and a GF Value™ of MXN1,354.17 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 1,772 Software companies, GitLab ranks worse than 56433.35% on this metric.
EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, GitLab's Enterprise Value is MXN80,071 Mil.
GitLab's EBIT for the trailing twelve months (TTM) ended in Apr. 2026 was MXN-940 Mil. Therefore, GitLab's EV-to-EBIT for today is -85.22.
The historical rank and industry rank for GitLab's EV-to-EBIT or its related term are showing as below:
MEX:GTLB'
s EV-to-EBIT Range Over the Past 10 Years
Min: -89.41 Med: -43.29 Max: -14.37
Current: -89.41
During the past 7 years, the highest EV-to-EBIT of GitLab was -14.37. The lowest was -89.41. And the median was -43.29.
MEX:GTLB's EV-to-EBIT is ranked worse than 100% of 1772
companies
in the Software industry
Industry Median: 14.2
vs MEX:GTLB: -89.41
This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.
GitLab's Enterprise Value for the quarter that ended in Apr. 2026 was MXN41,706 Mil.
GitLab's EBIT for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN-940 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
GitLab EV-to-EBIT Related Terms
GitLab EV-to-EBIT Historical Data
* Premium members only.
The historical data trend for GitLab's EV-to-EBIT can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
MEX:GTLB vs VRNS, DOX, PATH: EV-to-EBIT Comparison
For the Software - Infrastructure subindustry, GitLab's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
GitLab EV-to-EBIT vs Software Industry
For the Software industry and Technology sector, GitLab's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where GitLab's EV-to-EBIT falls into.
GitLab's current Enterprise Value is MXN80,071 Mil.
GitLab's EBIT for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN-940 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
GitLab (MEX:GTLB) has a EV-to-EBIT of -85.22 as of Aug. 03, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on GitLab and its competitors. According to the industry distribution chart, GitLab ranks #999999 out of 1772 companies in the Software industry.
Is GitLab's EV-to-EBIT too high?
GitLab's current EV-to-EBIT is -85.22. Based on the distribution chart, GitLab ranks #999999 out of 1772 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, GitLab has a GF Score™ of 53/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does GitLab's EV-to-EBIT compare to VRNS and DOX?
According to the Software industry distribution chart, GitLab ranks #999999 out of 1772 companies for EV-to-EBIT. This places GitLab in the lower half of its industry. The industry median EV-to-EBIT is 14.20. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBIT for a Software company?
The median EV-to-EBIT among Software companies is 14.20, based on 1,772 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on GitLab and its competitors. For the Software industry, the median EV-to-EBIT is 14.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GitLab's current EV-to-EBIT is -85.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GitLab stock overvalued right now?
Based on GuruFocus' analysis, GitLab (MEX:GTLB) is currently considered Significantly Undervalued. The stock's GF Value™ is MXN1,354.17, compared to a current price of MXN603.00 — trading 55.5% below its estimated fair value. The current EV-to-EBIT is -85.22. GitLab's overall GF Score™ is 53/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For GitLab (MEX:GTLB), the current EV-to-EBIT is -85.22 as of Aug. 03, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is GitLab (MEX:GTLB) Overvalued in 2026?
Based on GuruFocus' analysis, GitLab stock appears to be undervalued.
The current stock price of MXN603.00 is trading 55.5% below its estimated GF Value™ of MXN1,354.17.
GuruFocus considers GitLab to be Significantly Undervalued.
Key valuation signals for MEX:GTLB:
EV-to-EBIT: -85.22
GF Value™: MXN1,354.17 vs. price of MXN603.00 (55.5% below fair value)
No single metric tells the full story. See the MEX:GTLB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
GitLab Inc operates on an all-remote model. GitLab is a complete DevSecOps platform delivered as a single application. It operates in two competitive landscapes: DevOps point solutions and DevOps platforms. In terms of point solutions that are stitched together, GitLab's offering is substantially different in that it is one platform, one codebase, one interface, and a unified data model that spans the entire DevSecOps lifecycle. DevOps platforms, the principal competitor is Microsoft Corporation, following their acquisition of GitHub. GitLab is offered on both self-managed and software-as-a-service (SaaS) models. It is located in the United States, Europe, & the Asia Pacific. It focused on accelerating innovation & broadening the distribution of its platform to companies across the world.
53GF Score
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