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ELASTIC NV (ESTC) Stock Fundamental Analysis

NYSE:ESTC - New York Stock Exchange, Inc. - NL0013056914 - Common Stock - Currency: USD

83.89  +0.72 (+0.87%)

Fundamental Rating

4

ESTC gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 284 industry peers in the Software industry. ESTC has a great financial health rating, but its profitability evaluates not so good. While showing a medium growth rate, ESTC is valued expensive at the moment.


Dividend Valuation Growth Profitability Health

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2

1. Profitability

1.1 Basic Checks

In the past year ESTC was profitable.
In the past year ESTC had a positive cash flow from operations.
ESTC had negative earnings in 4 of the past 5 years.
ESTC had a positive operating cash flow in 4 of the past 5 years.
ESTC Yearly Net Income VS EBIT VS OCF VS FCFESTC Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2017 2018 2019 2020 2021 2022 2023 2024 0 100M -100M -200M

1.2 Ratios

ESTC has a Return On Assets (-5.70%) which is comparable to the rest of the industry.
Looking at the Return On Equity, with a value of -15.46%, ESTC is in line with its industry, outperforming 47.89% of the companies in the same industry.
Industry RankSector Rank
ROA -5.7%
ROE -15.46%
ROIC N/A
ROA(3y)-7.73%
ROA(5y)-11.46%
ROE(3y)-33.3%
ROE(5y)-33.81%
ROIC(3y)N/A
ROIC(5y)N/A
ESTC Yearly ROA, ROE, ROICESTC Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2017 2018 2019 2020 2021 2022 2023 2024 0 -20 -40 -60 -80 -100

1.3 Margins

ESTC has a better Gross Margin (74.13%) than 63.73% of its industry peers.
In the last couple of years the Gross Margin of ESTC has remained more or less at the same level.
The Profit Margin and Operating Margin are not available for ESTC so they could not be analyzed.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM 74.13%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y0.19%
GM growth 5Y0.75%
ESTC Yearly Profit, Operating, Gross MarginsESTC Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2017 2018 2019 2020 2021 2022 2023 2024 0 20 -20 40 -40 60

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7

2. Health

2.1 Basic Checks

ESTC does not have a ROIC to compare to the WACC, probably because it is not profitable.
There is no outstanding debt for ESTC. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
ESTC Yearly Shares OutstandingESTC Yearly Shares OutstandingYearly Shares Outstanding 2017 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M 80M 100M
ESTC Yearly Total Debt VS Total AssetsESTC Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B 1.5B 2B

2.2 Solvency

An Altman-Z score of 3.83 indicates that ESTC is not in any danger for bankruptcy at the moment.
ESTC's Altman-Z score of 3.83 is fine compared to the rest of the industry. ESTC outperforms 63.38% of its industry peers.
ESTC has a debt to FCF ratio of 2.40. This is a good value and a sign of high solvency as ESTC would need 2.40 years to pay back of all of its debts.
With a decent Debt to FCF ratio value of 2.40, ESTC is doing good in the industry, outperforming 67.61% of the companies in the same industry.
A Debt/Equity ratio of 0.66 indicates that ESTC is somewhat dependend on debt financing.
ESTC has a worse Debt to Equity ratio (0.66) than 67.96% of its industry peers.
Even though the debt/equity ratio score it not favorable for ESTC, it has very limited outstanding debt, so we won't put too much weight on the DE evaluation.
Industry RankSector Rank
Debt/Equity 0.66
Debt/FCF 2.4
Altman-Z 3.83
ROIC/WACCN/A
WACC8.11%
ESTC Yearly LT Debt VS Equity VS FCFESTC Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2017 2018 2019 2020 2021 2022 2023 2024 0 200M 400M 600M

2.3 Liquidity

ESTC has a Current Ratio of 2.02. This indicates that ESTC is financially healthy and has no problem in meeting its short term obligations.
The Current ratio of ESTC (2.02) is better than 61.97% of its industry peers.
A Quick Ratio of 2.02 indicates that ESTC has no problem at all paying its short term obligations.
ESTC's Quick ratio of 2.02 is fine compared to the rest of the industry. ESTC outperforms 62.32% of its industry peers.
Industry RankSector Rank
Current Ratio 2.02
Quick Ratio 2.02
ESTC Yearly Current Assets VS Current LiabilitesESTC Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B 1.5B

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4

3. Growth

3.1 Past

The Earnings Per Share has grown by an impressive 71.43% over the past year.
EPS 1Y (TTM)71.43%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%123.81%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%15.95%

3.2 Future

The Earnings Per Share is expected to grow by 27.47% on average over the next years. This is a very strong growth
The Revenue is expected to grow by 14.95% on average over the next years. This is quite good.
EPS Next Y4.61%
EPS Next 2Y11.23%
EPS Next 3Y16.38%
EPS Next 5Y27.47%
Revenue Next Year13.29%
Revenue Next 2Y13.01%
Revenue Next 3Y13.82%
Revenue Next 5Y14.95%

3.3 Evolution

ESTC Yearly Revenue VS EstimatesESTC Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 1B 2B 3B
ESTC Yearly EPS VS EstimatesESTC Yearly EPS VS EstimatesYearly EPS VS Estimates 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 0 2 4 6 8 10

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2

4. Valuation

4.1 Price/Earnings Ratio

The Price/Earnings ratio is 41.12, which means the current valuation is very expensive for ESTC.
Based on the Price/Earnings ratio, ESTC is valued a bit cheaper than 63.38% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 26.55. ESTC is valued rather expensively when compared to this.
A Price/Forward Earnings ratio of 39.31 indicates a quite expensive valuation of ESTC.
ESTC's Price/Forward Earnings ratio is in line with the industry average.
ESTC is valuated expensively when we compare the Price/Forward Earnings ratio to 22.40, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 41.12
Fwd PE 39.31
ESTC Price Earnings VS Forward Price EarningsESTC Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60

4.2 Price Multiples

ESTC's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. ESTC is cheaper than 69.72% of the companies in the same industry.
Industry RankSector Rank
P/FCF 36.95
EV/EBITDA N/A
ESTC Per share dataESTC EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 2 4 6 8 10

4.3 Compensation for Growth

The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates ESTC does not grow enough to justify the current Price/Earnings ratio.
A more expensive valuation may be justified as ESTC's earnings are expected to grow with 16.38% in the coming years.
PEG (NY)8.93
PEG (5Y)N/A
EPS Next 2Y11.23%
EPS Next 3Y16.38%

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0

5. Dividend

5.1 Amount

No dividends for ESTC!.
Industry RankSector Rank
Dividend Yield N/A

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ELASTIC NV

NYSE:ESTC (6/12/2025, 2:49:01 PM)

83.89

+0.72 (+0.87%)

Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)05-29 2025-05-29/amc
Earnings (Next)08-29 2025-08-29/amc
Inst Owners90.89%
Inst Owner Change13.59%
Ins Owners15.41%
Ins Owner Change0.12%
Market Cap8.76B
Analysts81.76
Price Target115.62 (37.82%)
Short Float %3.71%
Short Ratio1.71
Dividend
Industry RankSector Rank
Dividend Yield N/A
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)42.04%
Min EPS beat(2)31.56%
Max EPS beat(2)52.52%
EPS beat(4)4
Avg EPS beat(4)31.32%
Min EPS beat(4)4.95%
Max EPS beat(4)52.52%
EPS beat(8)8
Avg EPS beat(8)54.22%
EPS beat(12)12
Avg EPS beat(12)68.61%
EPS beat(16)16
Avg EPS beat(16)68.78%
Revenue beat(2)2
Avg Revenue beat(2)1.04%
Min Revenue beat(2)0.47%
Max Revenue beat(2)1.61%
Revenue beat(4)2
Avg Revenue beat(4)0.14%
Min Revenue beat(4)-1.19%
Max Revenue beat(4)1.61%
Revenue beat(8)4
Avg Revenue beat(8)0.05%
Revenue beat(12)5
Avg Revenue beat(12)-0.02%
Revenue beat(16)9
Avg Revenue beat(16)1.71%
PT rev (1m)-13.32%
PT rev (3m)-14.99%
EPS NQ rev (1m)0%
EPS NQ rev (3m)19.41%
EPS NY rev (1m)0%
EPS NY rev (3m)12.9%
Revenue NQ rev (1m)0.01%
Revenue NQ rev (3m)1.65%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.13%
Valuation
Industry RankSector Rank
PE 41.12
Fwd PE 39.31
P/S 6.13
P/FCF 36.95
P/OCF 36.47
P/B 10.2
P/tB 16.63
EV/EBITDA N/A
EPS(TTM)2.04
EY2.43%
EPS(NY)2.13
Fwd EY2.54%
FCF(TTM)2.27
FCFY2.71%
OCF(TTM)2.3
OCFY2.74%
SpS13.69
BVpS8.23
TBVpS5.05
PEG (NY)8.93
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA -5.7%
ROE -15.46%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM 74.13%
FCFM 16.58%
ROA(3y)-7.73%
ROA(5y)-11.46%
ROE(3y)-33.3%
ROE(5y)-33.81%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y0.19%
GM growth 5Y0.75%
F-Score6
Asset Turnover0.61
Health
Industry RankSector Rank
Debt/Equity 0.66
Debt/FCF 2.4
Debt/EBITDA N/A
Cap/Depr 21.69%
Cap/Sales 0.21%
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 2.02
Quick Ratio 2.02
Altman-Z 3.83
F-Score6
WACC8.11%
ROIC/WACCN/A
Cap/Depr(3y)23.34%
Cap/Depr(5y)64.33%
Cap/Sales(3y)0.46%
Cap/Sales(5y)1.78%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)71.43%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%123.81%
EPS Next Y4.61%
EPS Next 2Y11.23%
EPS Next 3Y16.38%
EPS Next 5Y27.47%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%15.95%
Revenue Next Year13.29%
Revenue Next 2Y13.01%
Revenue Next 3Y13.82%
Revenue Next 5Y14.95%
EBIT growth 1Y29.52%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year63.81%
EBIT Next 3Y35.05%
EBIT Next 5Y12.43%
FCF growth 1Y12854.3%
FCF growth 3Y98.28%
FCF growth 5YN/A
OCF growth 1Y4645.79%
OCF growth 3Y87.55%
OCF growth 5YN/A