Elastic N.V., a search company, delivers technology that enables users to search through structured and unstructured data for a range of consumer and enterprise applications.
Flawless balance sheet with limited growth.
Share Price & News
How has Elastic's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ESTC has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: ESTC underperformed the US Software industry which returned 35.8% over the past year.
Return vs Market: ESTC underperformed the US Market which returned 18% over the past year.
Price Volatility Vs. Market
How volatile is Elastic's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StHere's Why We're Not At All Concerned With Elastic's (NYSE:ESTC) Cash Burn Situation
1 month ago | Simply Wall StIf You Had Bought Elastic (NYSE:ESTC) Stock A Year Ago, You'd Be Sitting On A 10% Loss, Today
3 months ago | Simply Wall StShould You Be Worried About Insider Transactions At Elastic N.V. (NYSE:ESTC)?
Is Elastic undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: ESTC ($72.78) is trading above our estimate of fair value ($0.58)
Significantly Below Fair Value: ESTC is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: ESTC is unprofitable, so we can't compare its PE Ratio to the Software industry average.
PE vs Market: ESTC is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate ESTC's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ESTC is overvalued based on its PB Ratio (13.5x) compared to the US Software industry average (5.9x).
How is Elastic forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ESTC is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: ESTC is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: ESTC is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: ESTC's revenue (29.9% per year) is forecast to grow faster than the US market (7.6% per year).
High Growth Revenue: ESTC's revenue (29.9% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ESTC is forecast to be unprofitable in 3 years.
How has Elastic performed over the past 5 years?
Last years earnings growth
Earnings and Revenue History
Quality Earnings: ESTC is currently unprofitable.
Growing Profit Margin: ESTC is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if ESTC's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Unable to compare ESTC's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: ESTC is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (18.4%).
Return on Equity
High ROE: ESTC has a negative Return on Equity (-34.15%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
How is Elastic's financial position?
Financial Position Analysis
Short Term Liabilities: ESTC's short term assets ($433.1M) exceed its short term liabilities ($264.7M).
Long Term Liabilities: ESTC's short term assets ($433.1M) exceed its long term liabilities ($68.9M).
Debt to Equity History and Analysis
Debt Level: ESTC is debt free.
Reducing Debt: ESTC has not had any debt for past 5 years.
Inventory Level: ESTC has a low level of unsold assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if ESTC's debt is covered by short term assets.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: ESTC has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: ESTC has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of -29.2% each year
What is Elastic's current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate ESTC's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate ESTC's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if ESTC's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ESTC's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of ESTC's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Shay Banon (42yo)
Mr. Shay Banon is Founder of Elastic N.V. and also serves as its Chairman since June 2018. He serves as Chief Executive Officer of Elastic N.V. since May 2017 and also serves as its Director since July 201 ...
CEO Compensation Analysis
Compensation vs Market: Shay's total compensation ($USD499.76K) is below average for companies of similar size in the US market ($USD6.35M).
Compensation vs Earnings: Shay's compensation has been consistent with company performance over the past year.
|Co-Founder & Non-Executive Director||7.6yrs||US$17.28k||7.32% $430.2m|
|Chief Financial Officer||2.5yrs||US$472.41k||0.012% $717.2k|
|Chief Revenue Officer||5.6yrs||US$685.65k||0.40% $23.4m|
|0yrs||no data||no data|
|0yrs||no data||no data|
|Vice President of Operations||0yrs||no data||no data|
|VP of Investor Relations||0yrs||no data||no data|
|Senior VP & General Counsel||4.6yrs||no data||0.075% $4.4m|
|Vice President of Sales||6.8yrs||no data||no data|
Experienced Management: ESTC's management team is considered experienced (4.6 years average tenure).
|Co-Founder & Non-Executive Director||7.6yrs||US$17.28k||7.32% $430.2m|
|Independent Non-Executive Director||7.4yrs||US$26.50k||0.26% $15.4m|
|Independent Vice Chairman of the Board||0yrs||no data||no data|
|Independent Non-Executive Director||1.5yrs||US$1.68m||0.0028% $166.8k|
|Independent Director||0.8yrs||US$87.66k||0.0013% $75.2k|
|Lead Independent Director||1.7yrs||US$30.30k||no data|
|Non-Executive Director||0.08yrs||no data||no data|
Experienced Board: ESTC's board of directors are not considered experienced ( 1.7 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 107.8%.
Elastic N.V.'s company bio, employee growth, exchange listings and data sources
- Name: Elastic N.V.
- Ticker: ESTC
- Exchange: NYSE
- Founded: 2012
- Industry: Application Software
- Sector: Software
- Market Cap: US$5.874b
- Shares outstanding: 80.71m
- Website: https://www.elastic.co
Number of Employees
- Elastic N.V.
- 800 West El Camino Real
- Suite 350
- Mountain View
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|ESTC||NYSE (New York Stock Exchange)||Yes||Ordinary Shares||US||USD||Oct 2018|
|ESTC N||BMV (Bolsa Mexicana de Valores)||Yes||Ordinary Shares||MX||MXN||Oct 2018|
Elastic N.V., a search company, delivers technology that enables users to search through structured and unstructured data for a range of consumer and enterprise applications. It primarily offers Elastic Stack, a set of software products that ingest and store data from various sources and formats, as well as perform search, analysis, and visualization. The company’s Elastic Stack product comprises Elasticsearch, a distributed, real-time search and analytics engine, and data store for various types of data, including textual, numerical, geospatial, structured, and unstructured; Kibana, a user interface, management, and configuration interface for the Elastic Stack; Beats, a single-purpose data shippers for sending data from edge machines to Elasticsearch or Logstash; and Logstash, a data processing pipeline for ingesting data into Elasticsearch or other storage systems. It also provides software solutions on the Elastic Stack that address cases, including app search, site search, enterprise search, logging, metrics, application performance monitoring, business analytics, and security analytics. Its products are used by individual developers and organizations of a range of industries. The company was founded in 2012 and is headquartered in Mountain View, California.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/22 02:50|
|End of Day Share Price||2020/02/21 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.