Elastic NV
NYSE:ESTC

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Elastic NV
NYSE:ESTC
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Price: 91.39 USD 0.05% Market Closed
Market Cap: 9.5B USD

Relative Value

The Relative Value of one ESTC stock under the Base Case scenario is 87.59 USD. Compared to the current market price of 91.39 USD, Elastic NV is Overvalued by 4%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

ESTC Relative Value
Base Case
87.59 USD
Overvaluation 4%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
73
vs Industry
16
Median 3Y
7.5
Median 5Y
9.3
Industry
2.3
Forward
6.3
vs History
vs Industry
3
Median 3Y
-26.4
Median 5Y
-35.2
Industry
22.1
Forward
46.1
vs History
74
vs Industry
13
Median 3Y
102.2
Median 5Y
102.2
Industry
16.7
vs History
39
vs Industry
12
Median 3Y
52.4
Median 5Y
25.3
Industry
20.8
vs History
90
vs Industry
9
Median 3Y
15.6
Median 5Y
17.3
Industry
2.8
vs History
76
vs Industry
17
Median 3Y
7.1
Median 5Y
8.9
Industry
2.3
Forward
5.9
vs History
76
vs Industry
24
Median 3Y
9.8
Median 5Y
12
Industry
4.7
vs History
vs Industry
Median 3Y
-62.5
Median 5Y
-71.4
Industry
12.5
Forward
38
vs History
vs Industry
Median 3Y
-53.2
Median 5Y
-63.5
Industry
16
Forward
39.9
vs History
74
vs Industry
13
Median 3Y
98.3
Median 5Y
98.3
Industry
15.4
vs History
65
vs Industry
13
Median 3Y
70.4
Median 5Y
70.4
Industry
18.1
vs History
73
vs Industry
11
Median 3Y
9.3
Median 5Y
10.8
Industry
2.4

Multiples Across Competitors

ESTC Competitors Multiples
Elastic NV Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
NL
Elastic NV
NYSE:ESTC
9.5B USD 6.7 -71.8 -126.7 -105.3
US
Ezenia! Inc
OTC:EZEN
567B USD 233 910.9 -180 630.8 -182 667.2 -177 298
DE
SAP SE
XETRA:SAP
290.6B EUR 8.5 93 30.4 35.1
US
Salesforce Inc
NYSE:CRM
259.9B USD 6.9 41.9 22.8 33.2
US
Palantir Technologies Inc
NYSE:PLTR
199.2B USD 69.5 431 567.2 624.9
US
Intuit Inc
NASDAQ:INTU
173.7B USD 10.1 57.2 36.4 43.7
US
Adobe Inc
NASDAQ:ADBE
169.8B USD 7.7 25.2 18.7 20.8
US
NCR Corp
LSE:0K45
129.1B USD 45.7 136.9 383.1 3 158.6
US
Applovin Corp
NASDAQ:APP
98.7B USD 21 62.6 43.7 54.2
US
Microstrategy Inc
NASDAQ:MSTR
76.3B USD 165.7 -65.8 -1 842.6 -1 322.8
US
Cadence Design Systems Inc
NASDAQ:CDNS
72.5B USD 15.6 68.7 45.5 51.9
P/S Multiple
Revenue Growth P/S to Growth
NL
Elastic NV
NYSE:ESTC
Average P/S: 21 297.1
6.7
16%
0.4
US
Ezenia! Inc
OTC:EZEN
233 910.9
N/A N/A
DE
SAP SE
XETRA:SAP
8.5
13%
0.7
US
Salesforce Inc
NYSE:CRM
6.9
10%
0.7
US
Palantir Technologies Inc
NYSE:PLTR
69.5
32%
2.2
US
Intuit Inc
NASDAQ:INTU
10.1
13%
0.8
US
Adobe Inc
NASDAQ:ADBE
7.7
10%
0.8
US
N
NCR Corp
LSE:0K45
45.7
-9%
N/A
US
Applovin Corp
NASDAQ:APP
21
21%
1
US
Microstrategy Inc
NASDAQ:MSTR
165.7
3%
55.2
US
Cadence Design Systems Inc
NASDAQ:CDNS
15.6
13%
1.2
P/E Multiple
Earnings Growth PEG
NL
Elastic NV
NYSE:ESTC
Average P/E: 114.6
Negative Multiple: -71.8
62%
N/A
US
Ezenia! Inc
OTC:EZEN
Negative Multiple: -180 630.8 N/A N/A
DE
SAP SE
XETRA:SAP
93
50%
1.9
US
Salesforce Inc
NYSE:CRM
41.9
31%
1.4
US
Palantir Technologies Inc
NYSE:PLTR
431
71%
6.1
US
Intuit Inc
NASDAQ:INTU
57.2
35%
1.6
US
Adobe Inc
NASDAQ:ADBE
25.2
27%
0.9
US
N
NCR Corp
LSE:0K45
136.9
-49%
N/A
US
Applovin Corp
NASDAQ:APP
62.6
38%
1.6
US
Microstrategy Inc
NASDAQ:MSTR
Negative Multiple: -65.8 N/A N/A
US
Cadence Design Systems Inc
NASDAQ:CDNS
68.7
32%
2.1
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
NL
Elastic NV
NYSE:ESTC
Average EV/EBITDA: 143.5
Negative Multiple: -126.7
N/A N/A
US
Ezenia! Inc
OTC:EZEN
Negative Multiple: -182 667.2 N/A N/A
DE
SAP SE
XETRA:SAP
30.4
19%
1.6
US
Salesforce Inc
NYSE:CRM
22.8
21%
1.1
US
Palantir Technologies Inc
NYSE:PLTR
567.2
105%
5.4
US
Intuit Inc
NASDAQ:INTU
36.4
29%
1.3
US
Adobe Inc
NASDAQ:ADBE
18.7
17%
1.1
US
N
NCR Corp
LSE:0K45
383.1
12%
31.9
US
Applovin Corp
NASDAQ:APP
43.7
38%
1.2
US
Microstrategy Inc
NASDAQ:MSTR
Negative Multiple: -1 842.6 N/A N/A
US
Cadence Design Systems Inc
NASDAQ:CDNS
45.5
25%
1.8
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
NL
Elastic NV
NYSE:ESTC
Average EV/EBIT: 502.8
Negative Multiple: -105.3
N/A N/A
US
Ezenia! Inc
OTC:EZEN
Negative Multiple: -177 298 N/A N/A
DE
SAP SE
XETRA:SAP
35.1
21%
1.7
US
Salesforce Inc
NYSE:CRM
33.2
33%
1
US
Palantir Technologies Inc
NYSE:PLTR
624.9
108%
5.8
US
Intuit Inc
NASDAQ:INTU
43.7
35%
1.2
US
Adobe Inc
NASDAQ:ADBE
20.8
20%
1
US
N
NCR Corp
LSE:0K45
3 158.6
84%
37.6
US
Applovin Corp
NASDAQ:APP
54.2
40%
1.4
US
Microstrategy Inc
NASDAQ:MSTR
Negative Multiple: -1 322.8 N/A N/A
US
Cadence Design Systems Inc
NASDAQ:CDNS
51.9
27%
1.9