Elastic NV (FRA:3E1) Beginning Cash Position: €633 Mil (As of Apr. 2026)

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FRA:3E1 Elastic NV FRA:3E1
82 GF Score
Price €74.00
GF Value €86.77
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Elastic NV Beginning Cash Position?

Elastic NV FRA:3E1 +1.69% 82 Beginning Cash Position is €633 Mil as of Apr. 2026. GuruFocus rates FRA:3E1 with a GF Score™ of 82/100 and a GF Value™ of €86.77 (Modestly Undervalued). The stock has 4 warning signs investors should review.

Elastic NV's Beginning Cash Position for the quarter that ended in Apr. 2026 was €633 Mil.

Elastic NV's quarterly Beginning Cash Position increased from Oct. 2025 (€572 Mil) to Jan. 2026 (€684 Mil) but then declined from Jan. 2026 (€684 Mil) to Apr. 2026 (€633 Mil).

Elastic NV's annual Beginning Cash Position declined from Apr. 2024 (€603 Mil) to Apr. 2025 (€483 Mil) but then increased from Apr. 2025 (€483 Mil) to Apr. 2026 (€625 Mil).

Elastic NV Beginning Cash Position Related Terms

Elastic NV Beginning Cash Position Historical Data

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The historical data trend for Elastic NV's Beginning Cash Position can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Elastic NV Beginning Cash Position Chart

Elastic NV Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Beginning Cash Position
Get a 7-Day Free Trial Premium Member Only Premium Member Only 373.83 787.64 602.67 483.35 625.19

Elastic NV Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Beginning Cash Position Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 522.97 626.65 572.09 684.25 633.49
FRA:3E1
82GF Score
Elastic NV FRA:3E1
Beginning Cash Position is just one metric. See GF Score™, valuation, warning signs, and more.
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Elastic NV Beginning Cash Position Calculation

Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement.

What does a Beginning Cash Position of €633 Mil mean?
Elastic NV (FRA:3E1) has a Beginning Cash Position of €633 Mil as of Apr. 2026. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on Elastic NV and its competitors.
Is Elastic NV's Beginning Cash Position too high?
Elastic NV's current Beginning Cash Position is €633 Mil. Overall, Elastic NV has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Elastic NV's Beginning Cash Position compare to NAVN and CVLT?
Elastic NV's Beginning Cash Position of €633 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Beginning Cash Position for a Software company?
A good Beginning Cash Position depends on the Software industry context. However, Beginning Cash Position should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Beginning Cash Position mean?
A high Beginning Cash Position can signal that a stock is expensive relative to its fundamentals. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on Elastic NV and its competitors. Elastic NV's current Beginning Cash Position is €633 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elastic NV stock overvalued right now?
Based on GuruFocus' analysis, Elastic NV (FRA:3E1) is currently considered Modestly Undervalued. The stock's GF Value™ is €86.77, compared to a current price of €74.00 — trading 14.7% below its estimated fair value. The current Beginning Cash Position is €633 Mil. Elastic NV's overall GF Score™ is 82/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beginning Cash Position calculated?
Beginning Cash Position is calculated from a company's financial statements. For Elastic NV (FRA:3E1), the current Beginning Cash Position is €633 Mil as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Elastic NV (FRA:3E1) Overvalued in 2026?

Based on GuruFocus' analysis, Elastic NV stock appears to be undervalued. The current stock price of €74.00 is trading 14.7% below its estimated GF Value™ of €86.77. GuruFocus considers Elastic NV to be Modestly Undervalued.

Key valuation signals for FRA:3E1:

  • Beginning Cash Position: €633 Mil
  • GF Value™: €86.77 vs. price of €74.00 (14.7% below fair value)
  • GF Score™: 82/100 with 4 warning signs

No single metric tells the full story. See the FRA:3E1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Elastic NV Business Description

Address Keizersgracht 281, Amsterdam, NH, NLD, 1016 ED
Elastic is a software company that specializes in AI-search, observability, and security deployments. 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.
82GF Score

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Beginning Cash Position is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€74.00
Price
€86.77
GF Value