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GitLabMEX:GTLB 54 EV-to-OCF is 20.73 as of Aug. 16, 2026. GuruFocus rates MEX:GTLB with a GF Score™ of 54/100 and a GF Value™ of MXN1,319.80 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 2,877 Software companies, GitLab ranks worse than 78.24% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, GitLab's Enterprise Value is MXN101,953 Mil.
GitLab's Cash Flow from Operations for the trailing twelve months (TTM) ended in Apr. 2026 was MXN4,918 Mil. Therefore, GitLab's EV-to-OCF for today is 20.73.
The historical rank and industry rank for GitLab's EV-to-OCF or its related term are showing as below:
MEX:GTLB'
s EV-to-OCF Range Over the Past 10 Years
Min: -6408.77 Med: -55.14 Max: 2199.11
Current: 21.7
During the past 7 years, the highest EV-to-OCF of GitLab was 2199.11. The lowest was -6408.77. And the median was -55.14.
MEX:GTLB's EV-to-OCF is ranked worse than 78.24% of 2877
companies
in the Software industry
Industry Median: 7.08
vs MEX:GTLB: 21.70
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
As of today (2026-08-16), GitLab's stock price is MXN603.00.
GitLab's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Apr. 2026 was MXN-2.919. Therefore, GitLab's PE Ratio (TTM) for today is At Loss.
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
GitLab's share price for today is MXN603.00.
GitLab's Earnings per Share (Diluted) 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-2.919.
* 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.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.
GitLab EV-to-OCF Related Terms
GitLab EV-to-OCF Historical Data
* Premium members only.
The historical data trend for GitLab's EV-to-OCF 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.
For the Software - Infrastructure subindustry, GitLab's EV-to-OCF, along with its competitors' market caps and EV-to-OCF 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-OCF vs Software Industry
For the Software industry and Technology sector, GitLab's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where GitLab's EV-to-OCF falls into.
GitLab's current Enterprise Value is MXN101,953 Mil.
GitLab's Cash Flow from Operations 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 MXN4,918 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-OCF of 20.73 as of Aug. 16, 2026. According to the industry distribution chart, GitLab ranks #2251 out of 2877 companies in the Software industry, placing it in the top 78.2%.
Is GitLab's EV-to-OCF too high?
GitLab's current EV-to-OCF is 20.73. The Software industry median EV-to-OCF is 7.08. GitLab's value of 20.73 is 192.8% above this industry median. Based on the distribution chart, GitLab ranks #2251 out of 2877 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, GitLab has a GF Score™ of 54/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does GitLab's EV-to-OCF compare to VRNS and DOX?
According to the Software industry distribution chart, GitLab ranks #2251 out of 2877 companies for EV-to-OCF. This places GitLab in the lower half of its industry. The industry median EV-to-OCF is 7.08. GitLab's value of 20.73 is 192.8% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-OCF for a Software company?
The median EV-to-OCF among Software companies is 7.08, based on 2,877 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-OCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-OCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. GitLab's current EV-to-OCF of 20.73 is 192.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the Software industry, the median EV-to-OCF is 7.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GitLab's current EV-to-OCF is 20.73. 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 MXN1,319.80, compared to a current price of MXN603.00 — trading 54.3% below its estimated fair value. The current EV-to-OCF is 20.73 and 192.8% above the Software industry median of 7.08. GitLab's overall GF Score™ is 54/100 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-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For GitLab (MEX:GTLB), the current EV-to-OCF is 20.73 as of Aug. 16, 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 54.3% below its estimated GF Value™ of MXN1,319.80.
GuruFocus considers GitLab to be Significantly Undervalued.
Key valuation signals for MEX:GTLB:
EV-to-OCF: 20.73
GF Value™: MXN1,319.80 vs. price of MXN603.00 (54.3% below fair value)
Industry Position: 192.8% above the Software median (#2251 of 2877)
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.
54GF Score
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