ESTC Valuation

Elastic NV

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85.060

-2.73(-3.110%)1D

Overview
Forecast
Valuation
Earnings

ESTC Relative Valuation

ESTC's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average, adjusted by weights. If the market price exceeds this fair value range, ESTC is overvalued; if below, it's undervalued.

Historical Valuation

Elastic NV (ESTC) is now in the Fair zone, suggesting that its current forward PS ratio of 5.23 is considered Fairly compared with the five-year average of -39.30. The fair price of Elastic NV (ESTC) is between 74.83 to 199.83 according to relative valuation methord.

Relative Value

Fair Zone

74.83-199.83

Current Price：85.06

Fair

36.29

Trailing

Forward

28.62

EV/EBITDA

Elastic NV. (ESTC) has a current EV/EBITDA of 28.62. The 5-year average EV/EBITDA is -194.64. The thresholds are as follows: Strongly Undervalued below -1681.35, Undervalued between -1681.35 and -938.00, Fairly Valued between 548.72 and -938.00, Overvalued between 548.72 and 1292.08, and Strongly Overvalued above 1292.08. The current Forward EV/EBITDA of 28.62 falls within the Historic Trend Line -Fairly Valued range.

29.24

EV/EBIT

Elastic NV. (ESTC) has a current EV/EBIT of 29.24. The 5-year average EV/EBIT is -284.90. The thresholds are as follows: Strongly Undervalued below -2518.06, Undervalued between -2518.06 and -1401.48, Fairly Valued between 831.68 and -1401.48, Overvalued between 831.68 and 1948.26, and Strongly Overvalued above 1948.26. The current Forward EV/EBIT of 29.24 falls within the Historic Trend Line -Fairly Valued range.

5.23

Elastic NV. (ESTC) has a current PS of 5.23. The 5-year average PS is 8.98. The thresholds are as follows: Strongly Undervalued below -0.61, Undervalued between -0.61 and 4.18, Fairly Valued between 13.78 and 4.18, Overvalued between 13.78 and 18.58, and Strongly Overvalued above 18.58. The current Forward PS of 5.23 falls within the Historic Trend Line -Fairly Valued range.

28.81

P/OCF

Elastic NV. (ESTC) has a current P/OCF of 28.81. The 5-year average P/OCF is 216.30. The thresholds are as follows: Strongly Undervalued below -1055.84, Undervalued between -1055.84 and -419.77, Fairly Valued between 852.37 and -419.77, Overvalued between 852.37 and 1488.44, and Strongly Overvalued above 1488.44. The current Forward P/OCF of 28.81 falls within the Historic Trend Line -Fairly Valued range.

29.23

P/FCF

Elastic NV. (ESTC) has a current P/FCF of 29.23. The 5-year average P/FCF is -243.79. The thresholds are as follows: Strongly Undervalued below -5381.64, Undervalued between -5381.64 and -2812.71, Fairly Valued between 2325.14 and -2812.71, Overvalued between 2325.14 and 4894.06, and Strongly Overvalued above 4894.06. The current Forward P/FCF of 29.23 falls within the Historic Trend Line -Fairly Valued range.

Elastic NV (ESTC) has a current Price-to-Book (P/B) ratio of 9.28. Compared to its 3-year average P/B ratio of 14.63 , the current P/B ratio is approximately -36.59% higher. Relative to its 5-year average P/B ratio of 18.51, the current P/B ratio is about -49.88% higher. Elastic NV (ESTC) has a Forward Free Cash Flow (FCF) yield of approximately 3.47%. Compared to its 3-year average FCF yield of 1.22%, the current FCF yield is approximately 184.39% lower. Relative to its 5-year average FCF yield of 0.74% , the current FCF yield is about 370.54% lower.

9.28

P/B

Median3y

14.63

Median5y

18.51

3.47

FCF Yield

Median3y

1.22

Median5y

0.74

Competitors Valuation Multiple

The average P/S ratio for ESTC's competitors is 5.42, providing a benchmark for relative valuation. Elastic NV Corp (ESTC) exhibits a P/S ratio of 5.23, which is -3.65% above the industry average. Given its robust revenue growth of -92.31%, this premium appears unsustainable.

P/S

P/E

EV/EBITDA

EV/EBIT

P/S

Revenue Growth

Market Cap

Commvault Systems Inc

Performance Decomposition

Market capitalization of ESTC increased by 10.81% over the past 1 year. The primary factor behind the change was an decrease in Margin Expansion from -14.17 to -92.13.

The secondary factor is the Revenue Growth, contributed -92.31%to the performance.

Overall, the performance of ESTC in the past 1 year is driven by Margin Expansion. Which is more sustainable.

-92.31%

347.42M → 26.71M

Revenue Growth

550.18%

-14.17 → -92.13

Margin Expansion

-447.06%

30.70 → -106.55

P/E Change

10.81%