Stock Analysis
Elastic N.V.ESTC
P/E 25.64×· 5Y range 18.41–246.08×· bottom 12% of history
Sector: Technology · Industry: Services-Prepackaged Software
AnalystsBuy36 analystsP/E 25.6× sits at the 12th percentile of its 5.062286105407256-year history.
Cash covers 219% of debt · Q3 2026.
PMP Verdict
Cheap for a reason — weak fundamentals
Strengths
- Financial Health68
Risks
- Growth20
- Quality27
Cheap for a reason — fundamentals remain weak.
Market context
-5.7% today· Z 2.8σ· RVOL 1.6×· Director Steven Schuurman's massive $188.3M insider stock sale sparked profit-taking after a 90% rally.
Bull Case
- ✓Altman Z 3.8 — safe-zone balance sheet
- ✓ROE 47.5% — efficient capital deployment
- ✓Revenue CAGR 19.2% — durable top-line growth
- ✓P/E 25.6× at bottom 12% of 5-year history
Why is ESTC moving?
TechnicalDirector Steven Schuurman's massive $188.3M insider stock sale sparked profit-taking after a 90% rally.
Profile
growth, earnings quality and moat lag behind.
How is each axis scored?
- Valuation59/100 · Moderate
- P/E vs own history (12th pct)25/25
- FCF yield (3.6%)12/25
- P/S (5.3x)12/25
- EV/EBIT (n/a)10/25
- Growth20/100 · Weak
- Revenue CAGR (19.2%)20/25
- Net income CAGR (n/a)0/25
- EPS CAGR 5Y (n/a)0/25
- Fwd implied growth (-6.1%)0/25
- Profitability50/100 · Moderate
- ROIC (-33.1%)0/25
- ROE (47.5%)25/25
- Net margin (20.8%)25/25
- Operating margin (-2.6%)0/25
- Financial Health68/100 · Moderate
- Altman Z (3.76)25/25
- Current ratio (1.82)18/25
- Interest coverage (-3.8x)0/25
- Net cash / debt (Net cash)25/25
- Quality27/100 · Weak
- Piotroski F (6/9)15/25
- Beneish M (2.94)0/25
- FCF conversion (n/a)0/25
- Margin stability (σ 14.1%)12/25
- Moat35/100 · Weak
- ROIC >12% years (0/6 yrs)0/25
- Median gross margin (73.3%)25/25
- FCF-positive years (6/8 yrs)10/25
- Worst-year net margin (worst -39.1%)0/25
Risk Flags
- ⚠Beneish M 2.94 — earnings-manipulation flag
- ⚠6 loss-making years in recent history
- ⚠Interest coverage -3.8× — thin debt cushion
About Elastic N.V.
Elastic is a software company that specializes in AI-search, observability, and security deployments. Show more
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.
Headquarters: SAN FRANCISCO, CA · Employees: 3,834 · Website ↗
Price History
Weekly Candlestick Chart — up to 5Y
Key Metrics
Financial snapshot · Tap any metric for its definition and grade
TTM Snapshot
trailing twelve months · YoYValuation
59CP/E (TTM)25.6xC
Grade C: ExpensivePrice / TTM EPS (own statements) — vs own 5Y history: 18.4x–246.1x · 12th pct
P/FCF29.0xB
Grade B: FairPrice / Free Cash Flow per share (Finnhub). Inverse of FCF yield — negative when FCF is negative
FCF Yield3.6%C
Grade C: LowTTM (OCF − CapEx) / Market Cap — vs own 5Y history: -0.4%–5.6% · 82nd pct
P/S (TTM)5.34xC
Grade C: ExpensivePrice / TTM Revenue (own statements) — vs own 5Y history: 2.7x–11.4x · 25th pct
EV/EBITDA—
Enterprise value / EBITDA (Finnhub) — capital-structure neutral
EV/Sales5.5xC
Grade C: ExpensiveEnterprise Value / TTM Revenue (Finnhub) — capital-structure neutral sales multiple
Forward P/E27.3xC
Grade C: ExpensivePrice / next-year EPS estimate — shows whether the TTM multiple is rich or just front-loading growth
P/B Ratio12.17xD
Grade D: Very expensivePrice to Book Value. Neg. equity = heavy buybacks
PEG Ratio—
Finnhub PEG — their P/E basis ÷ expected EPS growth. Suppressed when their P/E diverges >2× from our TTM P/E (different basis)
Dividend Yield—
TTM dividend yield (Finnhub) — annual dividends / price. None = no dividend; very high yield can signal distress
Payout Ratio—
Dividends / Net Income (Finnhub) — share of earnings paid out; >90% or negative = unsustainable
Profitability
50CROIC-33.1%D
Grade D: LowNOPAT (EBIT less ~21% tax) / invested capital (equity + debt − cash). Flagship quality metric — durable >15% signals a moat
ROE47.5%A
Grade A: StrongReturn on Equity. Neg. equity = heavy buybacks
ROA13.6%A
Grade A: StrongReturn on Assets (Finnhub) — Net Income / Total Assets; how efficiently assets produce profit
Net Margin20.8%A
Grade A: HighNet Income / Revenue
Operating Margin-2.6%D
Grade D: LowTTM EBIT / TTM Revenue
Gross Margin75.5%A
Grade A: PremiumGross Profit / Revenue
FCF Margin19.4%A
Grade A: HighFCF / Revenue
True FCF Margin19.4%A
Grade A: HighTTM (OCF − CapEx − SBC) / TTM Revenue — SBC treated as a real cost
Growth
20ERevenue CAGR19.2%A
Grade A: HighCompound annual revenue growth (up to 5Y depending on data availability)
Net Income CAGR—
Compound annual net income growth (up to 5Y depending on data availability)
EPS CAGR (5Y)—
Compound annual EPS growth over up to 5Y of per-share earnings (own statements). Null when either endpoint EPS ≤ 0
Implied EPS Growth-6.1%D
Grade D: Decl.Analyst forward EPS (normalized basis) vs our GAAP TTM EPS — different bases, so extreme values usually mark cyclically depressed TTM earnings, not real growth
Dilution (5Y)—
Share count change over 5Y
SBC / Net Income—
Stock-based comp/Net income. >30% = dilution risk
SBC / Revenue—
TTM stock-based comp / TTM Revenue
Financial Health
68BAltman Z-Score3.76A
Grade A: SafeBankruptcy risk. >3 Safe, <1.8 Distress
Current Ratio1.82xC
Grade C: OkCurrent Assets/Liabilities
Quick Ratio1.74xA
Grade A: High(Current Assets − Inventory) / Current Liabilities (Finnhub) — stricter liquidity test, excludes inventory
Interest Coverage-3.8xD
Grade D: RiskyEBIT/Interest. >10 Strong
Debt RepaymentNet CashA
Grade A: FastYears to repay net debt via FCF
Net Debt/EBIT14.2xD
Grade D: HighLeverage. <2x Low, >4x High
Debt/Equity0.72xA
Grade A: LowDebt / Equity: <1 Conservative, >2 Risky. Not meaningful with non-positive equity; shown as unavailable rather than low debt.
Cash / Debt2.19xA
Grade A: CoveredCash covers how much of total debt. >1 = could repay all debt from cash
Quality
27EPiotroski F-Score6/9C
Grade C: AverageFinancial strength 0–9. >7 Strong
Beneish M-Score2.94D
Grade D: RiskyEarnings manipulation risk. < -2.22 Safe
FCF Conversion—
FCF / Net Income
Margin Stability14.1%C
Grade C: AverageEBIT margin std deviation. Lower = stable
Capex / Revenue0.3%A
Grade A: Asset-lightTTM CapEx / TTM Revenue — high % = capital-hungry business
Asset Turnover0.65xC
Grade C: AverageRevenue / Total Assets (Finnhub) — how efficiently the asset base generates sales
Insider Transactions
SEC Form 4 · 8 recordsP/S codes are the directional signal; grants, option exercises and tax withholding carry none. Form 4 doesn't flag 10b5-1 plans — scheduled sales may appear within open-market sells.
| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
Schuurman Steven Filed | Schuurman Steven | SellOpen market sale | -2000000 | |
Schuurman Steven Filed | Schuurman Steven | SellOpen market sale | -1500000 | |
Dodds Mark Eugene Filed | Dodds Mark Eugene | SellOpen market sale | -10000 | |
Kulkarni Ashutosh Filed | Kulkarni Ashutosh | Gift | -2778 | |
Banon Shay Filed | Banon Shay | SellOpen market sale | -15086 |
Show 3 more filingsShow fewer filings
| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
Banon Shay Filed | Banon Shay | SellOpen market sale | -69121 | |
Banon Shay Filed | Banon Shay | SellOpen market sale | -100 | |
Banon Shay Filed | Banon Shay | SellOpen market sale | -6101 |
More metrics — Moat, Per Share, Balance Sheet, MarketHide additional metrics
Moat
35DROIC >12% Years0/6 yrsD
Grade D: WeakShare of completed fiscal years with ROIC > 12% — measures multi-year capital-return durability
Gross Margin (Med.)73.3%A
Grade A: DurableMedian annual gross margin across available fiscal years — pricing-power durability
FCF-Positive Years6/8 yrsD
Grade D: WeakShare of completed fiscal years with positive free cash flow
Net Margin Floor-39.1%D
Grade D: WeakWeakest annual net margin across completed fiscal years — recession/downcycle resilience
Per Share
EPS (TTM)$3.58
Own TTM net income / shares — same earnings basis as P/E
Cash / Share$13.90
Cash & short-term investments per share (Finnhub)
Book Value / Share$12.34
Shareholders' equity per share (Finnhub). Negative = accumulated losses / heavy buybacks
Balance Sheet
Total Debt$570.60M
Total debt obligations (short + long term)
Cash & Equiv.$1.25B
Cash and short-term investments
Net Debt$-677.45MA
Grade A: Net CashTotal Debt minus Cash. Negative = Net Cash position
Total Equity$790.99M
Shareholders' equity (book value)
Asset / Liability1.48xC
Grade C: AdequateTotal Assets / Total Liabilities
Market
Market Cap$9.63B
Current Market Capitalization
Beta0.99B
Grade B: MarketPrice sensitivity vs the market (Finnhub) — 1.0 moves with market, >1.2 amplifies swings
How grades work: each metric is graded A–D against fixed thresholds (tap a row for the meaning). Card grades map the pillar score to A+–E — a card grade is that pillar's own score, not an average of the rows shown.
Financials as of Jul 2026 · Ratio snapshot Oct 17, 2026
Key Insights: Elastic N.V. (ESTC)
ESTC is down 5.66% at the last close — Director Steven Schuurman's massive $188.3M insider stock sale sparked profit-taking after a 90% rally.. Piotroski F-Score of 6/9 indicates mixed fundamentals for Elastic N.V.. Altman Z-Score of 3.76 sits comfortably in the safe zone (≥ 2.99), indicating low bankruptcy risk. Beneish M-Score of 2.94 is above the −1.78 flag threshold, a signal that reported earnings warrant closer scrutiny. Revenue has compounded at roughly 19% annually — a strong growth profile.
- Elastic N.V. converts about 19% of revenue into free cash flow — strong cash generation.
- Company is effectively debt-free after netting cash.
- Interest coverage of -3.8× leaves little room for earnings shocks.
- Elastic N.V. posted a net loss in 6 of 8 available completed fiscal years (2019–2026).
- Return on equity of 47.5% is well above the market average.
See how ESTC ranks on the Capex Tracker — top 50 capital spenders compared.
Recent Market Moves
See all ESTC moves →| Date | Session | Price | Move | Z-Score |
|---|---|---|---|---|
| Oct 16 | Regular | 91.25 | -6.16% | -3.02 |
| Oct 16 | After-hours | 91.74 | -5.66% | -2.79 |
| Oct 15 | Regular | 96.37 | +4.68% | 2.12 |
| Oct 15 | After-hours | 97.50 | +5.91% | 2.69 |
| Sep 21 | After-hours | 89.71 | +3.16% | 2.11 |
Frequently Asked Questions about ESTC
What is the current Elastic N.V. (ESTC) stock price?
ESTC is trading at $91.74 at the last market close, down 5.66% on the session. PreMarketPrice tracks ESTC pre-market, intraday and after-hours prices.
Is ESTC stock a buy right now?
PreMarketPrice's quantitative model rates Elastic N.V.'s financial health at 68/100. This is a data-driven snapshot of fundamentals, not investment advice.
Is ESTC stock overvalued?
Elastic N.V. trades at a trailing P/E of 25.6 and our valuation score rates it 59/100 (higher = cheaper vs. its own history). See the Valuation History and Key Metrics sections for forward P/E, EV/EBITDA and PEG context.
When does Elastic N.V. report earnings?
No confirmed earnings date is currently scheduled for ESTC. The Earnings section lists recent reports and updates as dates are announced.
What sector does Elastic N.V. operate in?
Elastic N.V. operates in the Technology sector, within the Services-Prepackaged Software industry. The Related Stocks section lists sector peers for comparison.
What does Elastic N.V. do?
Elastic is a software company that specializes in AI-search, observability, and security deployments.
About Elastic N.V. (ESTC) Stock
Elastic N.V. (ESTC) is a US-listed stock operating in the Technology sector, specifically the Services-Prepackaged Software industry. As of the latest update, Elastic N.V. is trading at $91.74, down 5.66% on the day with a market capitalization of $9.6 billion. The financial health score for ESTC is 68/100, which indicates good financial strength based on profitability, leverage, liquidity, and growth metrics. This page provides real-time pre-market pricing, earnings calendar, financial health analysis, and valuation metrics for ESTC stock.
ESTC Stock Analysis & Key Metrics
On PreMarketPrice, you can track Elastic N.V. (ESTC) across multiple dimensions:
- Pre-market price & movement: Real-time ESTC stock price with percentage change, updated continuously during pre-market and regular trading hours.
- Valuation & P/E history: Historical P/E, P/S, and P/B ratios for ESTC with trend analysis and normalized valuation multiples.
- Financial statements: Revenue, net income, assets, liabilities, and equity for Elastic N.V. across multiple reporting periods.
- Financial health score: A composite score of 68/100 based on Altman Z-Score, Piotroski F-Score, profitability, and leverage metrics for ESTC.
- Sector peers: Compare ESTC against 6 other technology stocks on key financial metrics.
Is ESTC a Good Stock to Buy?
This page provides data-driven analysis to help you evaluate Elastic N.V. (ESTC) as an investment. The financial health score of 68/100 suggests good financial fundamentals. Valuation metrics show whether the stock is trading above or below its historical average.However, this is not financial advice — always do your own research before investing.
Data on this page is sourced from real-time market feeds, Polygon.io, and Finnhub.Elastic N.V. (ESTC) trades on NYSE/NASDAQ. Pre-market trading occurs 4:00 AM – 9:30 AM ET. Regular market hours are 9:30 AM – 4:00 PM ET.