ELASTIC NV (ESTC) Stock Fundamental Analysis
USA - NYSE:ESTC - NL0013056914 - Common Stock
88.53 USD
-2.2 (-2.42%)
88.53 USD
0 (0%)
Overall ESTC gets a fundamental rating of 5 out of 10. We evaluated ESTC against 284 industry peers in the Software industry. ESTC has a great financial health rating, but its profitability evaluates not so good. ESTC is valued quite expensive, but it does show an excellent growth.
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.
In the past 5 years ESTC always reported a positive cash flow from operatings.
1.2 Ratios
ESTC's Return On Assets of -3.31% is in line compared to the rest of the industry. ESTC outperforms 49.30% of its industry peers.
Looking at the Return On Equity, with a value of -8.60%, ESTC is in line with its industry, outperforming 50.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -3.31% | ||
| ROE | -8.6% | ||
| ROIC | N/A |
ROA(3y)-4.99%
ROA(5y)-8.13%
ROE(3y)-20.84%
ROE(5y)-28.06%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
The Gross Margin of ESTC (75.19%) is better than 67.25% 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 Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 75.19% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y0.6%
GM growth 5Y0.85%
2. Health
2.1 Basic Checks
ESTC does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, ESTC has more shares outstanding
ESTC has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, ESTC has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 4.14 indicates that ESTC is not in any danger for bankruptcy at the moment.
ESTC's Altman-Z score of 4.14 is fine compared to the rest of the industry. ESTC outperforms 65.14% of its industry peers.
The Debt to FCF ratio of ESTC is 1.82, which is an excellent value as it means it would take ESTC, only 1.82 years of fcf income to pay off all of its debts.
ESTC has a Debt to FCF ratio of 1.82. This is in the better half of the industry: ESTC outperforms 69.37% of its industry peers.
ESTC has a Debt/Equity ratio of 0.59. This is a neutral value indicating ESTC is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.59, ESTC is doing worse than 67.25% of the companies in the same industry.
Although ESTC does not score too well on debt/equity it has very limited outstanding debt, which is well covered by the FCF. We will not put too much weight on the debt/equity number as it may be because of low equity, which could be a consequence of a share buyback program for instance. This needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.59 | ||
| Debt/FCF | 1.82 | ||
| Altman-Z | 4.14 |
ROIC/WACCN/A
WACC7.63%
2.3 Liquidity
A Current Ratio of 2.09 indicates that ESTC has no problem at all paying its short term obligations.
The Current ratio of ESTC (2.09) is better than 62.32% of its industry peers.
ESTC has a Quick Ratio of 2.09. This indicates that ESTC is financially healthy and has no problem in meeting its short term obligations.
Looking at the Quick ratio, with a value of 2.09, ESTC is in the better half of the industry, outperforming 63.03% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.09 | ||
| Quick Ratio | 2.09 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 77.52% over the past year.
ESTC shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 17.42%.
Measured over the past years, ESTC shows a very strong growth in Revenue. The Revenue has been growing by 28.24% on average per year.
EPS 1Y (TTM)77.52%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%71.43%
Revenue 1Y (TTM)17.42%
Revenue growth 3Y19.81%
Revenue growth 5Y28.24%
Sales Q2Q%19.53%
3.2 Future
The Earnings Per Share is expected to grow by 30.36% on average over the next years. This is a very strong growth
Based on estimates for the next years, ESTC will show a quite strong growth in Revenue. The Revenue will grow by 16.16% on average per year.
EPS Next Y17.83%
EPS Next 2Y16.57%
EPS Next 3Y16.92%
EPS Next 5Y30.36%
Revenue Next Year15.28%
Revenue Next 2Y14.56%
Revenue Next 3Y14.34%
Revenue Next 5Y16.16%
3.3 Evolution
The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 38.66, which means the current valuation is very expensive for ESTC.
The rest of the industry has a similar Price/Earnings ratio as ESTC.
When comparing the Price/Earnings ratio of ESTC to the average of the S&P500 Index (26.03), we can say ESTC is valued slightly more expensively.
ESTC is valuated quite expensively with a Price/Forward Earnings ratio of 31.93.
ESTC's Price/Forward Earnings ratio is in line with the industry average.
The average S&P500 Price/Forward Earnings ratio is at 22.27. ESTC is valued slightly more expensive when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 38.66 | ||
| Fwd PE | 31.93 |
4.2 Price Multiples
ESTC's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. ESTC is cheaper than 71.83% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 29.99 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
ESTC's earnings are expected to grow with 16.92% in the coming years. This may justify a more expensive valuation.
PEG (NY)2.17
PEG (5Y)N/A
EPS Next 2Y16.57%
EPS Next 3Y16.92%
5. Dividend
5.1 Amount
No dividends for ESTC!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
88.53
-2.2 (-2.42%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)
Earnings (Next)
Inst Owners86.4%
Inst Owner Change-2.32%
Ins Owners12.31%
Ins Owner Change0.3%
Market Cap9.41B
Revenue(TTM)1.55B
Net Income(TTM)-83490000
Analysts81.71
Price Target121.27 (36.98%)
Short Float %4.54%
Short Ratio2.17
Dividend
| Industry Rank | Sector 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)31.96%
Min EPS beat(2)23.43%
Max EPS beat(2)40.5%
EPS beat(4)4
Avg EPS beat(4)37%
Min EPS beat(4)23.43%
Max EPS beat(4)52.52%
EPS beat(8)8
Avg EPS beat(8)31.13%
EPS beat(12)12
Avg EPS beat(12)70.39%
EPS beat(16)16
Avg EPS beat(16)60.91%
Revenue beat(2)2
Avg Revenue beat(2)1.31%
Min Revenue beat(2)0.12%
Max Revenue beat(2)2.5%
Revenue beat(4)4
Avg Revenue beat(4)1.18%
Min Revenue beat(4)0.12%
Max Revenue beat(4)2.5%
Revenue beat(8)5
Avg Revenue beat(8)0.35%
Revenue beat(12)6
Avg Revenue beat(12)0.07%
Revenue beat(16)9
Avg Revenue beat(16)0.69%
PT rev (1m)-1.48%
PT rev (3m)6.26%
EPS NQ rev (1m)0.55%
EPS NQ rev (3m)-3.87%
EPS NY rev (1m)0.46%
EPS NY rev (3m)3.24%
Revenue NQ rev (1m)0.54%
Revenue NQ rev (3m)1.94%
Revenue NY rev (1m)0.64%
Revenue NY rev (3m)2.06%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 38.66 | ||
| Fwd PE | 31.93 | ||
| P/S | 6.07 | ||
| P/FCF | 29.99 | ||
| P/OCF | 29.58 | ||
| P/B | 9.69 | ||
| P/tB | 14.9 | ||
| EV/EBITDA | N/A |
EPS(TTM)2.29
EY2.59%
EPS(NY)2.77
Fwd EY3.13%
FCF(TTM)2.95
FCFY3.33%
OCF(TTM)2.99
OCFY3.38%
SpS14.6
BVpS9.14
TBVpS5.94
PEG (NY)2.17
PEG (5Y)N/A
Graham Number21.7
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -3.31% | ||
| ROE | -8.6% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 75.19% | ||
| FCFM | 20.23% |
ROA(3y)-4.99%
ROA(5y)-8.13%
ROE(3y)-20.84%
ROE(5y)-28.06%
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
ROICexgc growth 3YN/A
ROICexgc 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 3Y0.6%
GM growth 5Y0.85%
F-Score6
Asset Turnover0.61
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.59 | ||
| Debt/FCF | 1.82 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 40.64% | ||
| Cap/Sales | 0.27% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 2.09 | ||
| Quick Ratio | 2.09 | ||
| Altman-Z | 4.14 |
F-Score6
WACC7.63%
ROIC/WACCN/A
Cap/Depr(3y)22.57%
Cap/Depr(5y)25.6%
Cap/Sales(3y)0.27%
Cap/Sales(5y)0.46%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)77.52%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%71.43%
EPS Next Y17.83%
EPS Next 2Y16.57%
EPS Next 3Y16.92%
EPS Next 5Y30.36%
Revenue 1Y (TTM)17.42%
Revenue growth 3Y19.81%
Revenue growth 5Y28.24%
Sales Q2Q%19.53%
Revenue Next Year15.28%
Revenue Next 2Y14.56%
Revenue Next 3Y14.34%
Revenue Next 5Y16.16%
EBIT growth 1Y75.65%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year28.97%
EBIT Next 3Y24.89%
EBIT Next 5Y15.87%
FCF growth 1Y290.48%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y282.31%
OCF growth 3Y260.74%
OCF growth 5YN/A
ELASTIC NV / ESTC FAQ
Can you provide the ChartMill fundamental rating for ELASTIC NV?
ChartMill assigns a fundamental rating of 5 / 10 to ESTC.
What is the valuation status for ESTC stock?
ChartMill assigns a valuation rating of 2 / 10 to ELASTIC NV (ESTC). This can be considered as Overvalued.
How profitable is ELASTIC NV (ESTC) stock?
ELASTIC NV (ESTC) has a profitability rating of 3 / 10.
What is the expected EPS growth for ELASTIC NV (ESTC) stock?
The Earnings per Share (EPS) of ELASTIC NV (ESTC) is expected to grow by 17.83% in the next year.