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Elastic NVESTC +2.40%71 EV-to-EBITDA is 174.77 as of Aug. 03, 2026. GuruFocus rates ESTC with a GF Score™ of 71/100 and a GF Value™ of $104.43 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 1,960 Software companies, Elastic NV ranks worse than 96.12% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Elastic NV's enterprise value is $6,060 Mil.
Elastic NV's EBITDA for the trailing twelve months (TTM) ended in Apr. 2026 was $35 Mil. Therefore, Elastic NV's EV-to-EBITDA for today is 174.77.
The historical rank and industry rank for Elastic NV's EV-to-EBITDA or its related term are showing as below:
ESTC'
s EV-to-EBITDA Range Over the Past 10 Years
Min: -383.38 Med: -52.91 Max: 1469.5
Current: 174.77
During the past 10 years, the highest EV-to-EBITDA of Elastic NV was 1469.50. The lowest was -383.38. And the median was -52.91.
ESTC's EV-to-EBITDA is ranked worse than 96.12% of 1960
companies
in the Software industry
Industry Median: 10.365
vs ESTC: 174.77
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Elastic NV's share price for today is $65.79.
Elastic NV's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $3.500.
* 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.
Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).
The historical data trend for Elastic NV's EV-to-EBITDA 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.
For the Software - Application subindustry, Elastic NV's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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 EV-to-EBITDA vs Software Industry
For the Software industry and Technology sector, Elastic NV's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Elastic NV's EV-to-EBITDA falls into.
Elastic NV's current Enterprise Value is $6,060 Mil.
Elastic NV's EBITDA for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $35 Mil.
* 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 (ESTC) has a EV-to-EBITDA of 174.77 as of Aug. 03, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Elastic NV. According to the industry distribution chart, Elastic NV ranks #1884 out of 1960 companies in the Software industry, placing it in the top 96.1%.
Is Elastic NV's EV-to-EBITDA too high?
Elastic NV's current EV-to-EBITDA is 174.77. The Software industry median EV-to-EBITDA is 10.37. Elastic NV's value of 174.77 is 1586.2% above this industry median. Based on the distribution chart, Elastic NV ranks #1884 out of 1960 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Elastic NV has a GF Score™ of 71/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Elastic NV's EV-to-EBITDA compare to NAVN and CVLT?
According to the Software industry distribution chart, Elastic NV ranks #1884 out of 1960 companies for EV-to-EBITDA. This places Elastic NV in the lower half of its industry. The industry median EV-to-EBITDA is 10.37. Elastic NV's value of 174.77 is 1586.2% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBITDA for a Software company?
The median EV-to-EBITDA among Software companies is 10.37, based on 1,960 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Elastic NV's current EV-to-EBITDA of 174.77 is 1586.2% 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 EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Elastic NV. For the Software industry, the median EV-to-EBITDA is 10.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Elastic NV's current EV-to-EBITDA is 174.77. 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 Significantly Undervalued. The stock's GF Value™ is $104.43, compared to a current price of $65.79 — trading 37% below its estimated fair value. The current EV-to-EBITDA is 174.77 and 1586.2% above the Software industry median of 10.37. Elastic NV's overall GF Score™ is 71/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Elastic NV (ESTC), the current EV-to-EBITDA is 174.77 as of Aug. 03, 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 $65.79 is trading 37% below its estimated GF Value™ of $104.43.
GuruFocus considers Elastic NV to be Significantly Undervalued.
Key valuation signals for ESTC:
EV-to-EBITDA: 174.77
GF Value™: $104.43 vs. price of $65.79 (37% below fair value)
Industry Position: 1586.2% above the Software median (#1884 of 1960)
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.
71GF Score
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EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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