Elastic NV Revenue vs. Net Income
| ESTC Stock | USD 107.41 13.28 14.11% |
Total Revenue | First Reported 2016-07-31 | Previous Quarter 335 M | Current Value 347.4 M | Quarterly Volatility 108.3 M |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.8 | 0.7395 |
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For Elastic NV profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Elastic NV to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Elastic NV utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Elastic NV's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Elastic NV over time as well as its relative position and ranking within its peers.
Elastic |
Elastic NV's Revenue Breakdown by Earning Segment
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Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Elastic NV. If investors know Elastic will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Elastic NV listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 0.61 | Revenue Per Share 13.114 | Quarterly Revenue Growth 0.183 | Return On Assets (0.04) | Return On Equity 0.1042 |
The market value of Elastic NV is measured differently than its book value, which is the value of Elastic that is recorded on the company's balance sheet. Investors also form their own opinion of Elastic NV's value that differs from its market value or its book value, called intrinsic value, which is Elastic NV's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Elastic NV's market value can be influenced by many factors that don't directly affect Elastic NV's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Elastic NV's value and its price as these two are different measures arrived at by different means. Investors typically determine if Elastic NV is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Elastic NV's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Elastic NV Net Income vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Elastic NV's current stock value. Our valuation model uses many indicators to compare Elastic NV value to that of its competitors to determine the firm's financial worth. Elastic NV is rated below average in revenue category among its peers. It is rated # 3 in net income category among its peers making up about 0.05 of Net Income per Revenue. The ratio of Revenue to Net Income for Elastic NV is roughly 20.53 . At present, Elastic NV's Total Revenue is projected to increase significantly based on the last few years of reporting. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Elastic NV's earnings, one of the primary drivers of an investment's value.Elastic NV's Earnings Breakdown by Geography
Elastic Revenue vs. Competition
Elastic NV is rated below average in revenue category among its peers. Market size based on revenue of Information Technology industry is currently estimated at about 24.12 Billion. Elastic NV holds roughly 1.27 Billion in revenue claiming about 5% of equities under Information Technology industry.
Elastic Net Income vs. Revenue
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Elastic NV |
| = | 1.27 B |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Elastic NV |
| = | 61.72 M |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Elastic Net Income Comparison
Elastic NV is currently under evaluation in net income category among its peers.
Elastic NV Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Elastic NV, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Elastic NV will eventually generate negative long term returns. The profitability progress is the general direction of Elastic NV's change in net profit over the period of time. It can combine multiple indicators of Elastic NV, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | -21.6 M | -20.6 M | |
| Operating Income | -129.9 M | -136.4 M | |
| Net Income From Continuing Ops | 61.7 M | 64.8 M | |
| Income Before Tax | -122.8 M | -128.9 M | |
| Total Other Income Expense Net | 7.1 M | 7.5 M | |
| Net Loss | -212.5 M | -223.2 M | |
| Net Income | 61.7 M | 64.8 M | |
| Income Tax Expense | -184.5 M | -175.3 M | |
| Non Operating Income Net Other | 31.6 M | 33.2 M | |
| Net Interest Income | -26.1 M | -24.8 M | |
| Change To Netincome | 3.3 M | 3.2 M | |
| Net Income Per Share | 0.62 | 0.65 | |
| Income Quality | 2.41 | 2.53 | |
| Net Loss | (0.50) | (0.48) |
Elastic Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Elastic NV. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Elastic NV position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Elastic NV's important profitability drivers and their relationship over time.
Use Elastic NV in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Elastic NV position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Elastic NV will appreciate offsetting losses from the drop in the long position's value.Elastic NV Pair Trading
Elastic NV Pair Trading Analysis
The ability to find closely correlated positions to Elastic NV could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Elastic NV when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Elastic NV - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Elastic NV to buy it.
The correlation of Elastic NV is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Elastic NV moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Elastic NV moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Elastic NV can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Elastic NV position
In addition to having Elastic NV in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Check out Investing Opportunities. For information on how to trade Elastic Stock refer to our How to Trade Elastic Stock guide.You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
To fully project Elastic NV's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Elastic NV at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Elastic NV's income statement, its balance sheet, and the statement of cash flows.