StockData
Elastic N.V. logo

Elastic N.V. (ESTC) stock analysis

ESTCNYSEServices-Prepackaged SoftwareFiscal year ends April 30
Financials through Q1 FY2027, quarter ended Jul 31, 2026Last filing: 10-Q on Aug 28, 2026Score 10/30
$88.15−0.91 (-1.02%)

Close on Nov 13, 2026Market cap $9.25BP/E 26.5Yield –

StockData Score

Prices as of Nov 13, 2026How the score works

Value1Growth4Performance3Health2Dividend0

Mixed10 of 30 checks passed

Elastic passes 10 of the 30 checks behind our score; 16 could not be run for lack of data and count as not passed. Each dot in the shape is one check — hover it for the numbers.

Valuation
1/6
Growth
4/6
Past performance
3/6
Financial health
2/6
Dividend
0/6

What stands out

  • Revenue growing 10%+ a year

    Revenue grew 17.6% a year over the last three fiscal years.

  • Low bankruptcy risk

    The Altman Z-score is 3.79; above 3 is the safe zone and below 1.8 the distress zone.

  • P/E below the industry

    Elastic's P/E of 26.5 is below the Computer Programming, Data Processing, and Other Computer Related Services median of 27.3.

  • Guidance raised

    Elastic raised its fiscal 2027 Total revenue outlook on Aug 27, 2026.

What to watch

  • Return on equity under 15%

    Return on equity was 33.1% over the last twelve months and averaged -14.8% over five years; we look for 15% on both.

  • Interest not well covered

    Operating income covers interest expense -1.9 times; we look for at least 5.

  • P/B above the industry

    Elastic's price-to-book of 7.14 is above the Computer Programming, Data Processing, and Other Computer Related Services median of 3.05.

  • No dividend

    Elastic has not paid a dividend in the last twelve months.

Valuation1/6

  • P/E against its history

    Not enough price and earnings history to compare.

  • P/E below the industry

    Elastic's P/E of 26.5 is below the Computer Programming, Data Processing, and Other Computer Related Services median of 27.3.

  • EV/EBITDA against its history

    Needs positive EBITDA and price history.

  • P/B above the industry

    Elastic's price-to-book of 7.14 is above the Computer Programming, Data Processing, and Other Computer Related Services median of 3.05.

  • Price against fair value

    We could not estimate a fair value: it needs at least two valuation methods with positive inputs.

  • Margin of safety

    Depends on the fair value estimate.

Growth4/6

  • Revenue growing 10%+ a year

    Revenue grew 17.6% a year over the last three fiscal years.

  • EPS growth over 3 years

    Needs positive EPS three years ago and today.

  • Earnings acceleration

    Needs positive net income now, a year ago and five years ago.

  • Growing faster than the industry

    Revenue grew 16.2% over the last twelve months; the Computer Programming, Data Processing, and Other Computer Related Services median is 9.6%.

  • Guidance raised

    Elastic raised its fiscal 2027 Total revenue outlook on Aug 27, 2026.

  • Gross margin improving

    Gross margin was 75.5% over the last twelve months, against 75.2% a year earlier.

Past performance3/6

  • Return on equity under 15%

    Return on equity was 33.1% over the last twelve months and averaged -14.8% over five years; we look for 15% on both.

  • Return on invested capital

    Needs operating income and invested capital.

  • Return on equity above the industry

    Elastic's return on equity of 33.1% is above the Computer Programming, Data Processing, and Other Computer Related Services median of -1.1%.

  • Earnings over 5 years

    Needs positive net income five years ago and in the latest year.

  • Net margin above its 5-year average

    Net margin was 20.8% over the last twelve months, against a 5-year average of -5.4%.

  • Net margin above the industry

    Elastic's net margin of 20.8% is above the Computer Programming, Data Processing, and Other Computer Related Services median of -4.7%.

Financial health2/6

  • Debt level

    Needs debt and equity figures.

  • Debt trend

    Needs a balance sheet from five years ago with positive equity.

  • Debt coverage

    Needs operating cash flow.

  • Interest not well covered

    Operating income covers interest expense -1.9 times; we look for at least 5.

  • Short-term assets cover short-term debts

    Current assets are 1.81 times current liabilities.

  • Low bankruptcy risk

    The Altman Z-score is 3.79; above 3 is the safe zone and below 1.8 the distress zone.

Dividend0/6

  • No dividend

    Elastic has not paid a dividend in the last twelve months.

  • Yield against Treasuries

    No dividend.

  • Yield against the market

    No dividend.

  • Dividend stability

    No dividend.

  • Earnings cover

    No dividend.

  • Cash-flow cover

    No dividend.

Scores of similar companies

Fair value

How we estimate it

We don't publish a fair value for Elastic. It needs a US-dollar share price, at least two valuation methods with positive inputs (earnings, EBITDA, book value or sales) and, for companies with several share classes, classes that trade at the same price.

Valuation over time

Using the earnings and balance sheet published at each date, not today's.

  • P/E at month end
  • Computer Programming, Data Processing, and Other Computer Related Services median 27.3

An estimate from reported numbers and market multiples, not a price target or investment advice. It can be far off for companies whose profits are about to change sharply.

Market risk

From the past year of daily prices.

Liquidity

Low risk

Average value traded per day
$172.43M
Value traded per 1% price move
$70.67M

Downside

Medium risk

Typical loss in a bad month
22.4%
Volatility (annualized)
59%
Sharpe ratio, 1 year
-0.16
Beta to the S&P 500 (5Y)
1.79

Typical bad-month loss, week by week

25%: high

Margins

Share of revenue, fiscal years 2016 to 2026

Gross margin

76.1%+2.5 pts over 5 years

Operating margin

-1.9%+19.4 pts over 5 years

Net margin

21.1%+42.4 pts over 5 years

See a number that looks wrong?