Is the price fair?
What ESTC's price assumes
Elastic N.V. trades at 23.1× earnings against 32.3× for the median Software - Application name, cheaper than its own group.
23.1
Trailing P/E · Software - Application median 32.3 · cheaper than the typical name in its group
- Price / sales
- 2.80
Price / sales · as of 2026-Q2
- Free cash flow yield
- 5.2%
Free cash flow yield · Software - Application median 6.7%
- Growth the price implies
- +5.1%
Growth the price implies · The price pays for +5.1% free cash flow growth a year for a decade; the business has delivered +114% a year over the last three.
Details›
- Price / book2026-Q2
- 3.81
- EV / EBIToperating margin −1.9%: the multiple describes the denominator
- not meaningful
- EV / sales2026-Q2
- 2.68
- Technology median P/E376 names
- 37.0
- Software - Application median P/E93 names
- 32.3
- Free cash flow, trailing twelve months
- $322M
- Market capitalisation
- $6.18B
- 3-year revenue growth
- +18%
- 3-year free cash flow growth
- +114%
Multiples from SEC filings and end-of-day closes; implied growth from a reverse discounted cash flow. Group medians across the names Ryufin tracks.
Software - Application
Ranks #43 of 90 by Smart Score