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Elastic

NYQ:ESTC · NL0013056914
SoftwareLarge

360

55
EV / EBIT62
Price / Owner Earnings55
Owner Earnings Yield91
Dividend Yield1
Price/Sales31
EV / Gross Profit78
Price/Book32
Return on Capital31
Cash Return on Capital79
Return on Equity82
EBIT Margin32
Gross Profitability71
Cash Conversion7
Accruals20
Owner Earnings Margin81
Sales growth86
Profit Growth85
Long-Term EPS Growth75
Reinvestment71
Price momentum34
Debt load35
Refinancing22
Debt Payback100
Liquidity14
Analyst ratings34
Opinion Changes40
Price Target Upside24
Market mood98
Value Creation18/20strong value creator
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

Elastic generates returns well above its cost of capital, the foundation of durable shareholder value.

Profile

CountryNetherlands
IndustrySoftware
SizeLarge
TypePublic Company
ExchangeNYSE
Founded2012
Employees3,911
Websiteelastic.co
ISINNL0013056914
Last UpdateApr 2, 2026
Index & Theme
Data IntegrationCloud StorageNatural Language ProcessingCloud ManagementText AnalyticsCloud Data ServicesCloud InfrastructureArtificial IntelligenceMachine LearningAI Observability

Description

Elastic N.V. (Elastic) operates as the search AI company. The company enables its customers to transform data into answers, actions, and outcomes with Search AI. While search technology revolutionized information retrieval through its ability to ins…

Analysis

Middle-of-the-road

Elastic N.V. is a middle-of-the-road business: neither the economics nor the price stand out from the peer group.

The price is fair. You pay 17.2× its owner earnings: the cash an owner could take out each year, which is in the historically fair zone. At today's price, the market is assuming roughly 4% yearly growth; analysts expect 20%. The price, in other words, assumes less than the experts do.

The trajectory is moderate and the balance sheet is stretched. The company scores 18/20 on our value-creation score: strong value creator.

What to watch: Reported profits have run ahead of actual cash for several periods. As always: this describes the company's numbers; it is not a recommendation.

360° rank · history

1007550250
64
2023202420252026

All-time high

64

Jun 2026

All-time low

13

Mar 2026

Average rank

38

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
31
43
34
36
Price/Earnings
42
18
14
9
Price/Book
32
14
4
9
Dividend Yield
1
1
1
1
Value (overall)
14
17
8
19

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →