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Head-To-Head Comparison: GitLab (GTLB) and The Competition

Defense World ·  Sep 20, 2022 01:21

GitLab (NASDAQ:GTLB – Get Rating) is one of 411 public companies in the "Prepackaged software" industry, but how does it contrast to its competitors? We will compare GitLab to related companies based on the strength of its profitability, valuation, dividends, risk, institutional ownership, earnings and analyst recommendations.

Valuation & Earnings

This table compares GitLab and its competitors revenue, earnings per share (EPS) and valuation.

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Gross Revenue Net Income Price/Earnings Ratio
GitLab $252.65 million -$155.14 million -36.38
GitLab Competitors $1.83 billion $286.72 million 25.11

GitLab's competitors have higher revenue and earnings than GitLab. GitLab is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.

Profitability

This table compares GitLab and its competitors' net margins, return on equity and return on assets.
Net Margins Return on Equity Return on Assets
GitLab -51.69% -20.93% -15.72%
GitLab Competitors -81.17% -85.62% -8.53%

Institutional and Insider Ownership

42.7% of GitLab shares are owned by institutional investors. Comparatively, 55.3% of shares of all "Prepackaged software" companies are owned by institutional investors. 18.5% of shares of all "Prepackaged software" companies are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

Analyst Recommendations

This is a breakdown of current recommendations and price targets for GitLab and its competitors, as reported by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
GitLab 0 1 11 0 2.92
GitLab Competitors 1658 11407 24420 533 2.63

GitLab presently has a consensus target price of $78.50, indicating a potential upside of 41.98%. As a group, "Prepackaged software" companies have a potential upside of 43.28%. Given GitLab's competitors higher probable upside, analysts clearly believe GitLab has less favorable growth aspects than its competitors.

Summary

GitLab competitors beat GitLab on 8 of the 12 factors compared.

GitLab Company Profile

(Get Rating)

GitLab Inc., through its subsidiaries, develops software for the software development lifecycle in the United States, Europe, and the Asia Pacific. The company offers GitLab, a DevOps platform, which is a single application that leads to faster cycle time and allows visibility throughout and control over various stages of the DevOps lifecycle. It helps organizations to plan, build, secure, and deploy software to drive business outcomes. The company also provides related training and professional services. The company was formerly known as GitLab B.V. and changed its name to GitLab Inc. in July 2015. The company was founded in 2011 and is headquartered in San Francisco, California.

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