ELASTIC NV (ESTC)
NL0013056914 - Common Stock
ESTC gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 279 industry peers in the Software industry. ESTC scores quite bad on profitability, while its financial health is fine. Not spectacular, but in line with the averages. ESTC is valued quite expensively, but it does show have an excellent growth rating.
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.
ESTC had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
With a decent Return On Assets value of 2.84%, ESTC is doing good in the industry, outperforming 70.25% of the companies in the same industry.
ESTC has a better Return On Equity (8.03%) than 76.70% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.84% | ||
| ROE | 8.03% | ||
| ROIC | N/A |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
ESTC has a Profit Margin of 4.62%. This is in the better half of the industry: ESTC outperforms 69.53% of its industry peers.
ESTC's Gross Margin of 73.93% is fine compared to the rest of the industry. ESTC outperforms 62.37% of its industry peers.
In the last couple of years the Gross Margin of ESTC has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 4.62% | ||
| GM | 73.93% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y0.19%
GM growth 5Y0.75%
2. Health
2.1 Basic Checks
ESTC does not have a ROIC to compare to the WACC, probably because it is not profitable.
There is no outstanding debt for ESTC. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
2.2 Solvency
An Altman-Z score of 4.31 indicates that ESTC is not in any danger for bankruptcy at the moment.
ESTC has a better Altman-Z score (4.31) than 60.22% of its industry peers.
ESTC has a debt to FCF ratio of 3.55. This is a good value and a sign of high solvency as ESTC would need 3.55 years to pay back of all of its debts.
With a decent Debt to FCF ratio value of 3.55, ESTC is doing good in the industry, outperforming 62.37% of the companies in the same industry.
A Debt/Equity ratio of 0.75 indicates that ESTC is somewhat dependend on debt financing.
The Debt to Equity ratio of ESTC (0.75) is worse than 71.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.75 | ||
| Debt/FCF | 3.55 | ||
| Altman-Z | 4.31 |
ROIC/WACCN/A
WACC7.17%
2.3 Liquidity
A Current Ratio of 1.91 indicates that ESTC should not have too much problems paying its short term obligations.
ESTC has a Current ratio of 1.91. This is comparable to the rest of the industry: ESTC outperforms 58.06% of its industry peers.
A Quick Ratio of 1.91 indicates that ESTC should not have too much problems paying its short term obligations.
ESTC has a Quick ratio (1.91) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.91 | ||
| Quick Ratio | 1.91 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 49.50% over the past year.
ESTC shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 18.55%.
Measured over the past years, ESTC shows a very strong growth in Revenue. The Revenue has been growing by 36.07% on average per year.
EPS 1Y (TTM)49.5%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%59.46%
Revenue 1Y (TTM)18.55%
Revenue growth 3Y27.71%
Revenue growth 5Y36.07%
Sales Q2Q%17.63%
3.2 Future
The Earnings Per Share is expected to grow by 34.37% on average over the next years. This is a very strong growth
ESTC is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 20.68% yearly.
EPS Next Y31.81%
EPS Next 2Y25.98%
EPS Next 3Y24.94%
EPS Next 5Y34.37%
Revenue Next Year14.22%
Revenue Next 2Y14.18%
Revenue Next 3Y15.96%
Revenue Next 5Y20.68%
3.3 Evolution
Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 62.34, the valuation of ESTC can be described as expensive.
Compared to the rest of the industry, the Price/Earnings ratio of ESTC is on the same level as its industry peers.
ESTC's Price/Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 28.96.
ESTC is valuated quite expensively with a Price/Forward Earnings ratio of 49.84.
Compared to the rest of the industry, the Price/Forward Earnings ratio of ESTC is on the same level as its industry peers.
ESTC is valuated expensively when we compare the Price/Forward Earnings ratio to 23.82, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 62.34 | ||
| Fwd PE | 49.84 |
4.2 Price Multiples
Compared to the rest of the industry, the Price/Free Cash Flow ratio of ESTC indicates a somewhat cheap valuation: ESTC is cheaper than 60.57% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 60.4 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates ESTC does not grow enough to justify the current Price/Earnings ratio.
ESTC's earnings are expected to grow with 24.94% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.96
PEG (5Y)N/A
EPS Next 2Y25.98%
EPS Next 3Y24.94%
5. Dividend
5.1 Amount
ESTC does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
ELASTIC NV
NYSE:ESTC (11/21/2024, 8:25:13 PM)
Premarket: 122.46 +28.33 (+30.1%)94.13
+5.55 (+6.27%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap9.67B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
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EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
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EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
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Revenue beat(4)
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Revenue beat(8)
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Revenue beat(12)
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Revenue beat(16)
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PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 62.34 | ||
| Fwd PE | 49.84 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)1.96
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.84% | ||
| ROE | 8.03% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | N/A | ||
| PM (TTM) | 4.62% | ||
| GM | 73.93% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.61
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.75 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 1.91 | ||
| Quick Ratio | 1.91 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
High Growth Momentum
Growth
EPS 1Y (TTM)49.5%
EPS 3YN/A
EPS 5Y
EPS Q2Q%
EPS Next Y31.81%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)18.55%
Revenue growth 3Y27.71%
Revenue growth 5Y
Sales Q2Q%
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y