GitLab Inc. (GTLB) vs Zeta Global Holdings Corp. (ZETA)

GitLab Inc. and Zeta Global Holdings Corp. are both Software Infrastructure companies. GitLab Inc. and Zeta Global Holdings Corp. are of similar size ($8.1B and $7.4B). Zeta Global Holdings Corp. grew revenue faster over the last twelve months: 35.9% against 23.0%. Zeta Global Holdings Corp. has the higher net margin (−0.14% vs −4.99%) and the higher return on invested capital (1.89% vs 0.00%). Across the 19 metrics below, Zeta Global Holdings Corp. leads on 14 and GitLab Inc. on 5.

Valuation

Metric GTLB ZETA Software Infrastructure median
P/E n/m n/m 28.02
P/S 7.49 4.60 3.07
P/B 8.14 7.80 3.36
Price to free cash flow 36.99 35.77 17.12
EV/EBITDA n/m 65.97 14.91
EV/Sales 6.30 4.53 3.03
Earnings yield (0.68%) (0.07%) 0.13%
Free cash flow yield 2.70% 2.80% 1.15%

Profitability

Metric GTLB ZETA Software Infrastructure median
Gross margin 85.75% 59.48% 61.23%
Operating margin (8.55%) 1.57% 0.00%
Net margin (4.99%) (0.14%) 0.00%
Free cash flow margin 20.25% 12.86% 1.67%
Return on equity (5.60%) (0.27%) 0.59%
Return on assets (3.33%) (0.17%) 0.00%
Return on invested capital 0.00% 1.89% 0.00%

Growth

Metric GTLB ZETA Software Infrastructure median
Revenue growth (TTM) 22.99% 35.91% 13.41%
EPS growth (last fiscal year) (1,600.00%) 63.16% —
Revenue growth, 5-year CAGR 44.39% 28.80% 15.81%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric GTLB ZETA Software Infrastructure median
Debt to equity 0.00 0.21 0.06
Current ratio 2.41 2.38 1.55
Net debt to EBITDA 101.14 (1.58) 0.08

Dividend

Metric GTLB ZETA Software Infrastructure median
Dividend yield — — 1.53%
Payout ratio 0.00 0.00 0.00

Size

Metric GTLB ZETA Software Infrastructure median
Market cap 8.07b 7.41b 835.96m

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