Also trades as ESTCN.MX.

ESTC

BuyPremium Grower

Elastic N.V. · Technology · Netherlands · $9.6B cap · $191.0M/day traded

$102.43 +4.3% · close 23 Oct · scored 23 Oct

Premium Grower: Strong business with the market behind it, priced at a premium.

66
StockRank
Get score and insider alerts
Quality
57
Value
35
Momentum
70

As of 23 Oct 2026, MoatMap's StockRank for Elastic N.V. (ESTC) is 66/100, ranked against 24,000+ stocks in 35 markets (Quality 57, Value 35, Momentum 70, each scored against its sector).

Does StockRank work? Each month we publish how every decile did, whichever way it went. See the record →

P/E (TTM)
26.2x
peers 37.0x
ROE
33.1%
peers 24.0%
D/E
0.5x
peers 0.2x
Dividend %
—
trailing yield

ABOUT ELASTIC N.V.

Read

Elastic N.V. is a search AI company that delivers the Elasticsearch platform, enabling organizations to search, observe, and protect their data in real time. The company's open-source heritage has fostered a massive developer community, driving widespread enterprise adoption for search, log analytics, and security use cases. Its competitive advantage lies in its highly scalable search technology and a unified platform that replaces multiple legacy point solutions.

FINANCIAL SUMMARY (USD)

Year20222023202420252026CAGRTTM2027E2028EFwd CAGR
Revenue862.4M1.1B1.3B1.5B1.7B19.2%1.8B2.0B2.3B15.0%
EPS-2.20-2.470.62-1.043.49137.3%3.504.565.3724.1%
Shares94.2M97.4M101.7M105.5M104.8M+11.2%105.0M———
Debt594.2M594.2M593.7M595.0M591.6M-0.1%595.8M———
Equity415.4M398.9M738.2M927.2M1.3B32.4%————
Op CF5.7M35.7M148.8M266.2M326.9M175.5%354.1M———
Inv CF-127.3M-273.0M-288.0M-118.7M26.1M—————
Fin CF602.1M17.5M40.1M40.9M-312.3M—————
Loading 1Y...
PRICE (1Y) · USD+20.4%
85.089.493.798.110214 Sep5 Oct23 Oct
SMA 50SMA 200

Price checkIn an uptrendExperimental

Above its 200-day average and 9% below its 52-week high.

SwingsVery bumpy

Swung more than 72% of stocks we rank over the past year (57% a year).

How this is worked out

StockRank judges the business. The price check reads only the chart: it is the price side of the Momentum score, in words.

The rules: Still falling is a new 52-week low in the last two weeks, at least 25% below the high. Finding a floor is no new low since. Turning up is 20 or more trading days without a new low, at least 10% off it, and back above a rising 50-day average. In an uptrend is above the 200-day average and within 15% of the high.

In 2,112 US drawdowns since 2001, buying while the price was still falling was followed by a further 20% drop 42% of the time. Waiting for a turn like this one cut that to 33%, at about 7% higher prices and with no better returns. Part of that cut is simply not buying: 13% of falls never turned, and waiting kept those out. Among turns that were bought, 38% still fell another 20%, and 33% of turns were followed by a new low within six months. The benefit was largest in crashes such as 2008 and 2020.

What it measures: day-to-day price moves over the past year, as a yearly figure, ranked against every stock we cover. Very calm under 20% a year, Calm 20 to 30%, Average 30 to 40%, Bumpy 40 to 55%, Very bumpy above that.

What we found: across about 13,500 stocks in 34 markets (2002 to 2025), past swings were a good guide to the next year's, and bumpier stocks fell further. How much further changed too much between eras to put a number on it.

Calm is not safe: a calm stock can still slide steadily.

Rules fixed before any data was fetched. Describes the chart, not a recommendation.

Close
$102.43
RSI (14)
60.5
52-Week Range-5.2% from high
Low $42.05High $108.00

SCORE BREAKDOWN

Quality
57
ROIC
1.2%27.0
ROE
33.1%91.5
GP/Assets
43.2%84.2
Op. Margin
-0.6%25.1
FCF/Assets
10.2%78.9
Piotroski
659.3
Int. Cover
0.9x23.5
D/E Ratio
0.46x30.3
Current Ratio
1.81x44.6
Value
35
P/E (TTM)
26.2x52.9
EV/EBITDA
-393.7x25.0
P/FCF
29.8x47.7
P/B
7.4x17.6
P/S
5.3x31.0
Div Yield
—N/A
Momentum
70
52W High %
95%89.8
RS 6M
113%96.8
SMA 50/200
1.36x95.1
EPS Rev 4W
0.0%55.5
EPS Rev 12W
+1.9%70.4
EPS Improve
+13%21.6
Q Growth
—N/A

FUNDAMENTALS

Market Cap
$9.6B
P/E (Forward)
23.2x
Gross Margin
75.6%

SECTOR PEERS

Closest peers in Technology, ranked by industry match, size, and score similarity. Cross-listings of ESTC are excluded.

TickerCompanyMkt CapStockRankSignal
ESTCElastic N.V.(you)$9.6B66Buy
TOM2.ASTomTom N.V.$546M53Hold
CMCOM.ASCM.com N.V.$259M34Sell
1N8.DEAdyen N.V.$31.0B65Buy
ASM.ASASM International NV$47.3B69Buy
TOI.VTopicus.com Inc.$13.4B35Hold
BESI.ASBE Semiconductor Industries N.V.$17.1B38Hold
NXPINXP Semiconductors N.V.$59.4B77Buy
TWEKA.ASTKH Group N.V.$2.4B90Strong Buy
STMPA.PASTMicroelectronics N.V.$46.8B46Hold

Peer medians: ROE 24.0% · P/E 37.0x · Gross margin 54.3%

Company Deep Dive

Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.

Request Deep Dive(50 Feathers)

Elastic N.V. (ESTC): Stock Score Summary

Elastic N.V. (ESTC) has a MoatMap StockRank of 66/100 based on Quality (57/100), Value (35/100), and Momentum (70/100) factor scores. The current signal is BUY.

Elastic N.V. is a search AI company that delivers the Elasticsearch platform, enabling organizations to search, observe, and protect their data in real time. The company's open-source heritage has fostered a massive developer community, driving widespread enterprise adoption for search, log analytics, and security use cases. Its competitive advantage lies in its highly scalable search technology and a unified platform that replaces multiple legacy point solutions.

Key Financial Metrics

Price$102.43
Market Cap$9.6B
P/E (TTM)26.21
P/E (Forward)23.20
Price/Book7.44
Return on Equity33.1%
Return on Invested Capital1.2%
Debt/Equity0.46x
Gross Margin75.6%
Operating Margin-0.6%
Revenue Growth15.1%
Free Cash Flow$322M

Elastic N.V. operates in the Software - Application industry, part of the Technology sector (Netherlands).

Frequently Asked Questions

What is Elastic N.V.’s (ESTC) StockRank?
MoatMap’s StockRank for Elastic N.V. (ESTC) is 66/100, with a Buy signal. It is a composite of Quality (57), Value (35), and Momentum (70), each scored against its sector. The composite is then ranked across MoatMap’s universe of 24,000+ stocks.
Does Elastic N.V. have an economic moat?
Elastic N.V. (ESTC) has a Quality factor score of 57/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage: the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the characteristics of a moated business.
Is Elastic N.V. a buy, hold, or sell?
MoatMap’s current signal for Elastic N.V. (ESTC) is Buy, based on a StockRank of 66/100. Signals are derived mechanically from the StockRank composite and should be one input among many; combine with your own thesis on management, competitive position, and valuation.
What sector is Elastic N.V. in?
Elastic N.V. (ESTC) operates in the Technology sector, specifically the Software - Application industry (Netherlands).