Elastic NVESTC -0.70%71 EV-to-FCF is 16.33 as of Jul. 04, 2026, which is 38% below its 10-year median of 26.32. GuruFocus rates ESTC with a GF Score™ of 71/100 and a GF Value™ of $103.66 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 1,589 Software companies, Elastic NV ranks worse than 55.25% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Elastic NV's Enterprise Value is $5,255 Mil.
Elastic NV's Free Cash Flow for the trailing twelve months (TTM) ended in Apr. 2026 was $322 Mil. Therefore, Elastic NV's EV-to-FCF for today is 16.33.
The historical rank and industry rank for Elastic NV's EV-to-FCF or its related term are showing as below:
ESTC'
s EV-to-FCF Range Over the Past 10 Years
Min: -4139.96 Med: 26.32 Max: 18626.31
Current: 16.33
During the past 10 years, the highest EV-to-FCF of Elastic NV was 18626.31. The lowest was -4139.96. And the median was 26.32.
ESTC's EV-to-FCF is ranked worse than 55.25% of 1589
companies
in the Software industry
Industry Median: 14.3
vs ESTC: 16.33
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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.
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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 $58.04.
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.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Elastic NV EV-to-FCF Related Terms
Elastic NV EV-to-FCF Historical Data
* Premium members only.
The historical data trend for Elastic NV's EV-to-FCF 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-FCF, along with its competitors' market caps and EV-to-FCF 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-FCF vs Software Industry
For the Software industry and Technology sector, Elastic NV's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Elastic NV's EV-to-FCF falls into.
Elastic NV's current Enterprise Value is $5,255 Mil.
Elastic NV's Free Cash Flow 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 $322 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-FCF of 16.33 as of Jul. 04, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Elastic NV and its competitors. This is 38% below median its historical median of 26.32. According to the industry distribution chart, Elastic NV ranks #878 out of 1589 companies in the Software industry, placing it in the top 55.3%.
Is Elastic NV's EV-to-FCF too high?
Elastic NV's current EV-to-FCF of 16.33 is 38% below median its 10-year median of 26.32. The Software industry median EV-to-FCF is 14.30. Elastic NV's value of 16.33 is 14.2% above this industry median. Based on the distribution chart, Elastic NV ranks #878 out of 1589 companies in the Software industry, which is below the industry midpoint. 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-FCF compare to CVLT and NAVN?
According to the Software industry distribution chart, Elastic NV ranks #878 out of 1589 companies for EV-to-FCF. This places Elastic NV in the lower half of its industry. The industry median EV-to-FCF is 14.30. Elastic NV's value of 16.33 is 14.2% above this benchmark. While the company's 10-year median is 26.32 vs. the industry median of 14.30, 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 EV-to-FCF for a Software company?
The median EV-to-FCF among Software companies is 14.30, based on 1,589 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Elastic NV's current EV-to-FCF of 16.33 is 14.2% 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-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Elastic NV and its competitors. For the Software industry, the median EV-to-FCF is 14.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Elastic NV's current EV-to-FCF is 16.33, which is 38% below median its own 10-year median of 26.32. 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 $103.66, compared to a current price of $58.04 — trading 44% below its estimated fair value. The current EV-to-FCF is 16.33, which is 38% below median its 10-year median of 26.32 and 14.2% above the Software industry median of 14.30. 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-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For Elastic NV (ESTC), the current EV-to-FCF is 16.33 as of Jul. 04, 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 $58.04 is trading 44% below its estimated GF Value™ of $103.66.
GuruFocus considers Elastic NV to be Significantly Undervalued.
Key valuation signals for ESTC:
EV-to-FCF: 16.33 (38% below median its 10-year median of 26.32)
GF Value™: $103.66 vs. price of $58.04 (44% below fair value)
Industry Position: 14.2% above the Software median (#878 of 1589)
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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