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Elastic NVESTC +7.00%81 3-Year EPS without NRI Growth Rate is 117.40% as of Jul. 2026, which is 173% above its 10-year median of 43.00. GuruFocus rates ESTC with a GF Score™ of 81/100 and a GF Value™ of $107.37 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 2,061 Software companies, Elastic NV ranks better than 97.19% on this metric.
During the past 12 months, Elastic NV's average EPS without NRI Growth Rate was 17.00% per year.
During the past 3 years, the average EPS without NRI Growth Rate was 117.40% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average EPS without NRI growth rate.
During the past 10 years, the highest 3-Year average EPS without NRI Growth Rate of Elastic NV was 117.40% per year. The lowest was -3.50% per year. And the median was 43.00% per year.
Elastic NV (NYSE:ESTC) 3-Year EPS without NRI Growth Rate Explanation
EPS without NRI is the amount of earnings without non-recurring items per outstanding share of the company's stock.
Earnings Per Share (EPS) is the single most important variable used by Wall Street in determining the earnings power of a company. But investors need to be aware that Earnings per Share can be easily manipulated by adjusting depreciation and amortization rate or non-recurring items. That's why GuruFocus lists Earnings per share without Non-Recurring Items, which better reflects the company's underlying performance.
Elastic NV 3-Year EPS without NRI Growth Rate Related Terms
ESTC vs PAYC, BSY, PCOR: 3-Year EPS without NRI Growth Rate Comparison
For the Software - Application subindustry, Elastic NV's 3-Year EPS without NRI Growth Rate, along with its competitors' market caps and 3-Year EPS without NRI Growth Rate data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Elastic NV 3-Year EPS without NRI Growth Rate vs Software Industry
For the Software industry and Technology sector, Elastic NV's 3-Year EPS without NRI Growth Rate distribution charts can be found below:
* The bar in red indicates where Elastic NV's 3-Year EPS without NRI Growth Rate falls into.
Elastic NV 3-Year EPS without NRI Growth Rate Calculation
This is the 3-year average growth rate of EPS without NRI. The growth rate is calculated using exponential compounding based on the latest four year annual data.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average EPS without NRI growth rate.
What does a 3-Year EPS without NRI Growth Rate of 117.40% mean?
Elastic NV (ESTC) has a 3-Year EPS without NRI Growth Rate of 117.40% as of Jul. 2026. 3-Year EPS without NRI Growth Rate is the 3-year average growth rate of EPS without NRI. View historical data for Elastic NV and its competitors. This is 173% above median its historical median of 43.00. According to the industry distribution chart, Elastic NV ranks #58 out of 2061 companies in the Software industry, placing it in the top 2.8%.
Is Elastic NV's 3-Year EPS without NRI Growth Rate too high?
Elastic NV's current 3-Year EPS without NRI Growth Rate of 117.40% is 173% above median its 10-year median of 43.00. The Software industry median 3-Year EPS without NRI Growth Rate is 12.40. Elastic NV's value of 117.40% is 846.8% above this industry median. Based on the distribution chart, Elastic NV ranks #58 out of 2061 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Elastic NV has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Elastic NV's 3-Year EPS without NRI Growth Rate compare to PAYC and BSY?
According to the Software industry distribution chart, Elastic NV ranks #58 out of 2061 companies for 3-Year EPS without NRI Growth Rate. This places Elastic NV in the top 3% of its industry — outperforming the majority of peers. The industry median 3-Year EPS without NRI Growth Rate is 12.40. Elastic NV's value of 117.40% is 846.8% above this benchmark. While the company's 10-year median is 43.00 vs. the industry median of 12.40, Elastic NV has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year EPS without NRI Growth Rate for a Software company?
The median 3-Year EPS without NRI Growth Rate among Software companies is 12.40, based on 2,061 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year EPS without NRI Growth Rate significantly above this median, while those in the bottom quartile fall well below. However, 3-Year EPS without NRI Growth Rate should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Elastic NV's current 3-Year EPS without NRI Growth Rate of 117.40% is 846.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year EPS without NRI Growth Rate mean?
A high 3-Year EPS without NRI Growth Rate can signal that a stock is expensive relative to its fundamentals. 3-Year EPS without NRI Growth Rate is the 3-year average growth rate of EPS without NRI. View historical data for Elastic NV and its competitors. For the Software industry, the median 3-Year EPS without NRI Growth Rate is 12.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Elastic NV's current 3-Year EPS without NRI Growth Rate is 117.40%, which is 173% above median its own 10-year median of 43.00. 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 (ESTC) is currently considered Modestly Undervalued. The stock's GF Value™ is $107.37, compared to a current price of $95.86 — trading 10.7% below its estimated fair value. The current 3-Year EPS without NRI Growth Rate is 117.40%, which is 173% above median its 10-year median of 43.00 and 846.8% above the Software industry median of 12.40. Elastic NV's overall GF Score™ is 81/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year EPS without NRI Growth Rate calculated?
3-Year EPS without NRI Growth Rate is calculated from a company's financial statements. For Elastic NV (ESTC), the current 3-Year EPS without NRI Growth Rate is 117.40% as of Jul. 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 (ESTC) Overvalued in 2026?
Based on GuruFocus' analysis, Elastic NV stock appears to be undervalued.
The current stock price of $95.86 is trading 10.7% below its estimated GF Value™ of $107.37.
GuruFocus considers Elastic NV to be Modestly Undervalued.
Key valuation signals for ESTC:
3-Year EPS without NRI Growth Rate: 117.40% (173% above median its 10-year median of 43.00)
GF Value™: $107.37 vs. price of $95.86 (10.7% below fair value)
Industry Position: 846.8% above the Software median (#58 of 2061)
No single metric tells the full story. See the ESTC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
81GF Score
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