GURUFOCUS.COM » STOCK LIST » USA » NYSE » Elastic NV (NYSE:ESTC) » Definitions » GF Value Rank
Switch to:

Elastic NV GF Value Rank

: 4 (As of Today)
View and export this data going back to 2018. Start your Free Trial

Elastic NV has the GF Value Rank of 4.

The GF Value Rank is determined by the price-to-GF-Value (P/GF Value) ratio, a proprietary metric calculated based on historical multiples along with an adjustment factor based on a company's past returns and growth and future estimates of the business' performance.

GuruFocus found that for valuation, we cannot simply give stocks a better GF Value rank simply because they have a lower P/GF Value ratio. Backtesting shows that over the long term, the two worst-performing groups are the most expensive group (with the highest P/GF Value ratio) and the least expensive group (with the lowest P/GF Value ratio).

We can understand why the most expensive group underperforms. We were initially puzzled by the underperformance of the least expensive group, but we realized there is a reason why some stocks are super cheap. If they look too undervalued, it is often because the businesses behind them are poor quality. The market realized this and gave them low valuations. In a way, the market is efficient.

After multiple backtesting analyses, we granted the stocks in third-cheapest percentile the highest GF Value rank, as they have performed the best over a full market cycle. Stock performance is actually not as sensitive to valuation as it is to growth and profitability. On average, the companies in the 20%-50% valuation groups have similar performances. Therefore, we should avoid the most expensive and the least expensive stocks. We can be more tolerant of valuation.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.


Competitive Comparison

For the Software - Application subindustry, Elastic NV's GF Value Rank, along with its competitors' market caps and GF Value Rank 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 GF Value Rank Distribution

For the Software industry and Technology sector, Elastic NV's GF Value Rank distribution charts can be found below:

* The bar in red indicates where Elastic NV's GF Value Rank falls into.



Elastic NV GF Value Rank Related Terms

Thank you for viewing the detailed overview of Elastic NV's GF Value Rank provided by GuruFocus.com. Please click on the following links to see related term pages.


Elastic NV Business Description

Elastic NV logo
Traded in Other Exchanges
Address
800 West El Camino Real, Suite 350, Mountain View, CA, USA, 94040
Elastic NV is a search company. It created the Elastic Stack, a powerful set of software products that ingest and store data from any source and in any format, and perform search, analysis, and visualization in milliseconds or less. The company also offers software solutions built on the Elastic Stack that address a wide variety of use cases including app search, site search, enterprise search, logging, metrics, business analytics, and security analytics. Its solution includes Enterprise Search; Observability and Security. Geographically, it derives a majority of revenue from the United States.
Executives
Herzog Carolyn officer: Chief Legal Officer C/O ELASTIC N.V. 800 WEST EL CAMINO REAL, SUITE 350 MOUNTAIN VIEW CA 94040
Leibowitz Shelley B director C/O MORGAN STANLEY 1585 BROADWAY NEW YORK NY 10036
Kulkarni Ashutosh officer: Chief Product Officer 6220 AMERICA CENTER DRIVE SAN JOSE CA 95002
Appleby Paul Andrew officer: President, Worldwide Field Ops C/O ELASTIC N.V. 800 WEST EL CAMINO REAL, SUITE 350 MOUNTAIN VIEW CA 94040
Gleeson Alison director C/O ELASTIC N.V. 800 WEST EL CAMINO REAL, SUITE 350 MOUNTAIN VIEW CA 94040
Marooney Caryn director C/O ZENDESK, INC. 989 MARKET STREET, SUITE 300 SAN FRANCISCO CA 94103
Benchmark Capital Management Co. Vii, L.l.c. 10 percent owner 2965 WOODSIDE ROAD WOODSIDE CA 94062
Vishria Eric 10 percent owner 2965 WOODSIDE ROAD WOODSIDE CA 94062
Moorjani Janesh officer: Chief Financial Officer C/O ELASTIC N.V. 800 WEST EL CAMINO REAL, SUITE 350 MOUNTAIN VIEW CA 94040
Schuurman Steven director, 10 percent owner C/O ELASTIC NV 800 WEST EL CAMINO REAL SUITE 350 MOUNTAIN VIEW CA 94040
Kluge Kevin officer: SVP of Engineering C/O ELASTIC NV 800 WEST EL CAMINO REAL SUITE 350 MOUNTAIN VIEW CA 94040
Ixii Bv 10 percent owner C/O ELASTIC NV 800 WEST EL CAMINO REAL MOUNTAIN VIEW CA 94040
Cmxi Bv 10 percent owner C/O ELASTIC NV 800 WEST EL CAMINO REAL SUITE 350 MOUNTAIN VIEW CA 94040
Banon Shay director, 10 percent owner, officer: CEO and Chairman C/O ELASTIC NV 800 WEST EL CAMINO REAL SUITE 350 MOUNTAIN VIEW CA 94040
Katz Aaron officer: Chief Revenue Officer C/O ELASTIC NV 800 WEST EL CAMINO REAL SUITE 350 MOUNTAIN VIEW CA 94040

Elastic NV Headlines

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)