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GitLab (GitLab) Enterprise Value : $7,760.1 Mil (As of Apr. 29, 2024)


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What is GitLab Enterprise Value?

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, GitLab's Enterprise Value is $7,760.1 Mil. GitLab's EBIT for the trailing twelve months (TTM) ended in Jan. 2024 was $-187.4 Mil. Therefore, GitLab's EV-to-EBIT ratio for today is -41.40.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, GitLab's Enterprise Value is $7,760.1 Mil. GitLab's EBITDA for the trailing twelve months (TTM) ended in Jan. 2024 was $-180.9 Mil. Therefore, GitLab's EV-to-EBITDA ratio for today is -42.90.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, GitLab's Enterprise Value is $7,760.1 Mil. GitLab's Revenue for the trailing twelve months (TTM) ended in Jan. 2024 was $579.9 Mil. Therefore, GitLab's EV-to-Revenue ratio for today is 13.38.


GitLab Enterprise Value Historical Data

The historical data trend for GitLab's Enterprise Value 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.

* Premium members only.

GitLab Enterprise Value Chart

GitLab Annual Data
Trend Jan20 Jan21 Jan22 Jan23 Jan24
Enterprise Value
- - 8,492.00 6,586.21 10,214.76

GitLab Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Enterprise Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6,586.21 3,749.67 6,735.35 5,796.08 10,214.76

Competitive Comparison of GitLab's Enterprise Value

For the Software - Infrastructure subindustry, GitLab's Enterprise Value, along with its competitors' market caps and Enterprise Value 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's Enterprise Value Distribution in the Software Industry

For the Software industry and Technology sector, GitLab's Enterprise Value distribution charts can be found below:

* The bar in red indicates where GitLab's Enterprise Value falls into.



GitLab Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

GitLab's Enterprise Value for the fiscal year that ended in Jan. 2024 is calculated as

GitLab's Enterprise Value for the quarter that ended in Jan. 2024 is calculated as

* 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  (NAS:GTLB) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

GitLab's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=7760.081/-187.44
=-41.40

GitLab's current Enterprise Value is $7,760.1 Mil.
GitLab's EBIT for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-187.4 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

GitLab's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=7760.081/-180.905
=-42.90

GitLab's current Enterprise Value is $7,760.1 Mil.
GitLab's EBITDA for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-180.9 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

GitLab's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=7760.081/579.906
=13.38

GitLab's current Enterprise Value is $7,760.1 Mil.
GitLab's Revenue for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $579.9 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 Enterprise Value Related Terms

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GitLab (GitLab) Business Description

Traded in Other Exchanges
Address
268 Bush Street, Suite 350, San Francisco, CA, USA, 94104-3503
GitLab Inc operates on an all-remote model. The company is a technology company whose primary offering is GitLab, a complete DevOps platform delivered as a single application. GitLab is used by a wide range of organizations. The company also provides related training and professional services. GitLab is offered on both self-managed and software-as-a-service (SaaS) models. The principal markets for GitLab are currently located in the United States, Europe, and Asia Pacific. The company is focused on accelerating innovation and broadening the distribution of its platform to companies across the world.
Executives
Robin Schulman officer: Chief Legal Officer & Corp Sec C/O NEW RELIC, INC., 188 SPEAR STREET, STE. 1200, SAN FRANCISCO CA 94105
Sytse Sijbrandij director, officer: Chief Executive Officer C/O GITLAB, INC., 268 BUSH STREET, #350, SAN FRANCISCO CA 94104
Brian G Robins officer: Chief Financial Officer 21355 RIDGETOP CIRCLE, ATTN: GENERAL COUNSEL, DULLES VA 20166
Erin Mannix officer: Chief Accounting Officer 801 LAKEVIEW DRIVE, BLUE BELL PA 19422
Mark Porter director C/O MONGODB, INC., 1633 BROADWAY, 38TH FLOOR, NEW YORK NY 10019
Susan L Bostrom director
Iconiq Strategic Partners Iv, L.p. 10 percent owner 394 PACIFIC AVENUE, SECOND FLOOR, SAN FRANCISCO CA 94111
Matthew Jacobson director, 10 percent owner C/O DATADOG, INC., 45TH FLOOR, NEW YORK NY 10001
Iconiq Strategic Partners Iii, L.p. 10 percent owner 394 PACIFIC AVENUE, 2ND FLOOR, SAN FRANCISCO CA 94111
Christopher Lee Weber officer: Chief Revenue Officer C/O UIPATH, INC., 452 5TH AVENUE, 22ND FLOOR, NEW YORK NY 10018
Michael Eugene Mcbride officer: Chief Revenue Officer C/O GITLAB, INC., 268 BUSH STREET, #350, SAN FRANCISCO CA 94104
Dale R Brown officer: Principal Accounting Officer 1060 E ARQUES AVE, SUNNYVALE CA 94085
Gv 2021 Gp, L.l.c. other: Member of 10% Group 1600 AMPHITHEATRE PARKWAY, MOUNTAIN VIEW CA 94043
Divesh Makan 10 percent owner C/O ICONIQ CAPITAL, 394 PACIFIC AVENUE, 2ND FLOOR, SAN FRANCISCO CA 94111
Howard Hartenbaum 10 percent owner 2480 SAND HILL ROAD, SUITE 101, MENLO PARK CA 94025