Question 1

What is Elastic N.V.'s EV/EBITDA ratio?

Accepted Answer

Elastic N.V. (ESTC) EV/EBITDA ratio is 74.8× as of July 22, 2026. The ratio is calculated by dividing enterprise value by trailing twelve-month EBITDA, using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the EV/EBITDA ratio calculated?

Accepted Answer

EV/EBITDA = Enterprise Value ÷ Trailing Twelve-Month (TTM) EBITDA, where Enterprise Value = Market Capitalisation + Total Debt − Cash & Short-Term Investments. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the EV/EBITDA ratio?

Accepted Answer

The EV/EBITDA ratio (the enterprise multiple) compares enterprise value (EV) to trailing twelve-month (TTM) EBITDA. EV is calculated as market capitalisation + total debt − cash & short-term investments. Because EV/EBITDA is capital-structure-neutral and ignores non-cash depreciation and amortisation, it is the standard multiple used in M&A and for cross-company or cross-border comparisons. Note: this calculation uses a simplified EV (minority interest and preferred equity excluded due to data availability), consistent with most public financial-data providers.

Question 4

What is a good EV/EBITDA ratio for Elastic N.V.?

Accepted Answer

Mature, cash-generative businesses commonly trade in the 8–12× EV/EBITDA range; higher-growth, asset-light companies often trade at 15–25×+. EV/EBITDA is most useful for comparing companies with different capital structures (debt levels) or tax regimes. For Elastic N.V. specifically, the relevant sector benchmark is the current sector median of 20.3×.

Question 5

Is Elastic N.V.'s EV/EBITDA ratio high or low?

Accepted Answer

Elastic N.V.'s EV/EBITDA ratio of 74.8× is below its own 5-year average of 390.0× and above the sector median of 20.3×. That places the current reading at the 26th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is Elastic N.V.'s historical EV/EBITDA ratio range?

Accepted Answer

In the available daily series, Elastic N.V. (ESTC) EV/EBITDA ratio has ranged from a low of 51.6× in 2026 to a high of 1427.5× in 2025. The 5-year average is 390.0× and the 5-year median is 240.3×.

Question 7

What was Elastic N.V.'s EV/EBITDA ratio in 2026?

Accepted Answer

Elastic N.V. (ESTC) EV/EBITDA ratio at the end of 2026 was 56.3×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month EBITDA figure available at that date.

Question 8

Why does Elastic N.V.'s EV/EBITDA ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (enterprise value, which tracks share price plus net debt) and the denominator (EBITDA). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2026	$4.84B	$72.1M	56.3×	-1269.2×	Apr 30, 2026
2025	$8.83B	$6.05M	1325.5×	—	Apr 30, 2025
2024	$10.4B	-$78.6M	—	—	Apr 30, 2024
2023	$5.48B	-$171M	—	—	Apr 30, 2023
2022	$7.14B	-$157M	—	—	Apr 30, 2022
2021	$10.8B	-$104M	—	—	Apr 30, 2021
2020	$5.26B	-$158M	—	—	Apr 30, 2020
2019	$6.14B	-$95.7M	—	—	Apr 30, 2019
2018	$4.33B	-$42.9M	—	—	Apr 30, 2018


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EV/EBITDA for Elastic N.V. (ESTC) 2025-2026

EV/EBITDA daily chart for Elastic N.V. (ESTC)

Historical EV/EBITDA for Elastic N.V. (ESTC) from 2018 to 2026

About EV/EBITDA at Elastic N.V. (ESTC)

Elastic N.V. EV/EBITDA by Year

Elastic N.V. EV/EBITDA 2026: 56.3×

Elastic N.V. EV/EBITDA 2025: 1325.5×

Sector peers by EV/EBITDA — chart

Sector peers by EV/EBITDA — table

Frequently asked questions

Elastic N.V. (ESTC) Key Financials