Elastic NV ESTC

Morningstar Rating
$60.24 −1.82 (2.93%)
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Company Report

Price vs Fair Value

ESTC is trading within a range we consider fairly valued.
Price
$60.24
Fair Value
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Uncertainty
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1-Star Price
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5-Star Price
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Economic Moat
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Capital Allocation
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Bulls Say, Bears Say

Bulls

Elastic’s combination of vectorized search and inverted indexes for keyword search is fast and exhibits contextual accuracy, which can enable it to stand out from other search solutions.

Bears

AI labs have been rapidly innovating their agentic products. If agents were integrated directly from the AI lab to the enterprise, it could commoditize the Elasticsearch solution.

News

Trading Information

Previous Close Price
$62.06
Day Range
$59.7663.97
52-Week Range
$42.0596.07
Bid/Ask
$60.27 / $61.75
Shares Outstanding
104.75M
Market Cap
$6.26B
Volume/Avg
649 / 2M

Key Statistics

Price/Earnings (Normalized)
23.29
Price/Sales
3.70
Dividend Yield (Trailing)
0.00%
Dividend Yield (Forward)
0.00%
Total Yield
5.43%

Company Profile

Elastic is a software company that specializes in AI-search, observability, and security deployments. Its search division offers both traditional keyword search and vector search methods to enable more context-aware querying. The software has open-source origins but generates revenue through valuable add-ons, including simplified data orchestration and server scaling techniques.
Sector
Technology
Industry
Software - Application
Stock Style Box
Small Growth
Total Number of Employees
4,019

Competitors

Valuation

Metric
ESTC
CSCO
DT
Price/Earnings (Normalized)
23.2927.8425.64
Price/Book Value
4.939.184.95
Price/Sales
3.707.476.60
Price/Cash Flow
16.1926.3525.46
Price/Earnings
ESTC
CSCO
DT

Financial Strength

Metric
ESTC
CSCO
DT
Quick Ratio
1.520.661.22
Current Ratio
1.680.921.35
Interest Coverage
0.9110.01
Quick Ratio
ESTC
CSCO
DT

Profitability

Metric
ESTC
CSCO
DT
Return on Assets (Normalized)
10.44%13.34%12.43%
Return on Equity (Normalized)
28.34%34.57%19.23%
Return on Invested Capital (Normalized)
18.80%21.97%17.19%
Return on Assets
ESTC
CSCO
DT

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