Elastic N.V. (ESTC) on Decifer

Decifer ranks ESTC number 129 of 270 tracked names on durable business quality.

Why it ranks here

• Sales are growing about 17% a year, faster than 62 in 100 companies we measure.
• It keeps about 19 cents of every sales dollar as cash, safer than 56 in 100 companies we measure.
• It earns about 275% a year on the money put into the business, better than 99 in 100 companies we measure.
• It costs about 26 times its yearly profit; the middle of its industry is 34. Cheaper than 72 in 100 companies we measure, against their own industries.

The current read

The evidence on ESTC lines up on the supportive side: the intelligence feed flags this name as connected to what is moving markets now. The independent signals we track are telling the same story.

Themes

• Cloud & Data Platform Migration: Enterprises are still mid-cycle in migrating compute, storage and applications off legacy on-prem stacks toward hybrid and public cloud architectures.

Read the full ESTC research brief · See all quality rankings

Intelligence data powered by Decifer. Not financial advice. For informational purposes only.