AlphaMadera's AlphaVal page computes Elastic N.V.'s fair value using a multi-method blend (DCF, comparable-multiples, and Graham-style intrinsic value), then compares it to the current market price to flag ESTC as undervalued, fairly valued, or overvalued.

What is Elastic N.V.'s fair value?

Fair value for ESTC is a model output combining discounted cash flow projections, peer-group multiples, and a Graham number floor. The live AlphaVal page shows the blended fair value alongside each method's individual estimate.

How does AlphaMadera value ESTC?

AlphaVal uses three primary techniques: a five-year discounted-cash-flow projection with terminal multiple, peer-group multiple analysis (P/E, EV/EBITDA, P/S), and Graham's defensive-investor intrinsic-value formula. Inputs come from ESTC's most recent reported fundamentals.

ESTC - Elastic N.V.

Price: -- -- | CONSENSUS: Buy DETAILS | PRICE TARGET: $62.88 DETAILS

AlphaVal

Deterministic, archetype-aware fair value

High-Growth Software 80% confidence

Primary model: Revenue × Terminal Margin DCF

Valuation Signal Undervalued Moderate

Trading 25.2% below fair value

Current Price $61.59

Bear Case $47.52 22.8% downside ($47.52 - $61.59) / $61.59 = -22.8% 11% rev growth, 17% terminal margin

Fair Value $82.38 33.7% upside ($82.38 - $61.59) / $61.59 = 33.7% 18% rev growth, 23% terminal margin

Bull Case $120.22 95.2% upside ($120.22 - $61.59) / $61.59 = 95.2% 24% rev growth, 26% terminal margin

Adjust Assumptions

Revenue Growth Rate

18.0%

Terminal FCF Margin

23.0%

Discount Rate

12.0%

Key Value Driver

Revenue growth (18%) × margin expansion to 23%

Terminal Value % of EV 56%

Implied Market Multiple 3.2x

Plain-Language Summary

Our base-case estimate uses a discounted cash flow model based on revenue growth and long-run free cash flow margins. We then blend that result with the average analyst price target of $62.88 from 34 analysts, using a 30% weight on analyst consensus. That produces an estimated intrinsic value of $82.38 per share.

Warnings

ℹ Gross margin of 76% means each dollar of revenue is highly profitable. As the company grows, overhead costs should shrink as a share of revenue, boosting overall profits.

ℹ Wall Street's average price target is $62.88 (from 34 analysts). Our estimate is 44% above the consensus -- consider that gap carefully.

Key Risks

Current FCF misleads — the model values future margins, not today's cash
SBC dilution is the hidden tax: 2-4% annual share growth compounds fast
Revenue deceleration is inevitable — the question is when and how steep