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Elastic NV (BSP:E2ST34) Growth Rank : 9 (As of May. 15, 2024)


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What is Elastic NV Growth Rank?

Elastic NV has the Growth Rank of 9.

GuruFocus Growth Rank measures the growth of a company in terms of its revenue and profitability. Historically, the companies with the highest growth ranks performed the best over the long term. It is calculated using the following criteria:

1. 5-year revenue growth rate, the higher, the better.
2. 3-year revenue growth rate, the higher, the better.
3. 5-year EBITDA growth rate, the higher, the better.
4. The predictability of 5-year revenue. The most consistent it is, the higher the rank.

GuruFocus found that the Growth Rank is the second of the two most-sensitive parameters among the five parameters checked. Please click GF Score to see more details on GF Score's 5 Key Aspects of Analysis.

Please note that we are using the five-year EBITDA growth rate as a parameter, so the company needs to have had positive growth over that time. The reason we use EBITDA instead of earnings per share is that with EBITDA, we can rank a lot more companies since a company may have positive EBITDA but negative EPS. Since we are looking at the growth here, EBITDA gives us a pretty clear picture about the growth in the company's business operations.


Competitive Comparison of Elastic NV's Growth Rank

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

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

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



Elastic NV Growth Rank Related Terms

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


Elastic NV (BSP:E2ST34) Business Description

Traded in Other Exchanges
Address
Keizersgracht 281, Amsterdam, NH, NLD, 1016 ED
Elastic is a software company based in Mountain View, California, focusing on search-adjacent products. Its search engine allows it to process both structured and unstructured data while gleaning insights from that data. The firm's primary focus is on enterprise search, observability, and security.

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