ESTC vs. PLTR: A Head-to-Head Stock Comparison
UpdatedHere’s a clear look at ESTC and PLTR, comparing key factors like historical performance, profitability, financial strength, growth, dividend, and valuation.
Company Overview
PLTR’s market capitalization of 316.63 billion USD is significantly greater than ESTC’s 8.67 billion USD, highlighting its more substantial market valuation.
PLTR carries a higher beta at 2.64, indicating it’s more sensitive to market moves, while ESTC (beta: 1.07) exhibits greater stability.
| Symbol | ESTC | PLTR |
|---|---|---|
| Company Name | Elastic N.V. | Palantir Technologies Inc. |
| Country | US | US |
| Sector | Technology | Technology |
| Industry | Software - Application | Software - Infrastructure |
| CEO | Mr. Ashutosh Kulkarni | Dr. Alexander C. Karp J.D. |
| Price | 82.12 USD | 139.92 USD |
| Market Cap | 8.67 billion USD | 316.63 billion USD |
| Beta | 1.07 | 2.64 |
| Exchange | NYSE | NASDAQ |
| IPO Date | October 5, 2018 | September 30, 2020 |
| ADR | No | No |
Historical Performance
This chart compares the performance of ESTC and PLTR over the past year by tracking the growth of an initial $10,000 investment in each (starting one year ago).
Data is adjusted for dividends and splits.
Profitability
Return on Equity
ESTC
-12.88%
Software - Application Industry
- Max
- 48.87%
- Q3
- 14.81%
- Median
- 2.18%
- Q1
- -11.36%
- Min
- -47.72%
ESTC has a negative Return on Equity of -12.88%. This indicates the company is generating a loss for its shareholders, which can be a result of unprofitability or negative shareholder equity and is often a sign of financial distress.
PLTR
12.03%
Software - Infrastructure Industry
- Max
- 83.71%
- Q3
- 27.95%
- Median
- 0.50%
- Q1
- -12.18%
- Min
- -72.12%
PLTR’s Return on Equity of 12.03% is on par with the norm for the Software - Infrastructure industry, indicating its profitability relative to shareholder equity is typical for the sector.
Return on Invested Capital
ESTC
-11.70%
Software - Application Industry
- Max
- 26.81%
- Q3
- 8.27%
- Median
- 0.11%
- Q1
- -9.25%
- Min
- -34.12%
ESTC has a negative Return on Invested Capital of -11.70%. This indicates that its operations are failing to generate a profit on the total capital invested, signaling significant inefficiency or value destruction.
PLTR
6.67%
Software - Infrastructure Industry
- Max
- 38.28%
- Q3
- 10.87%
- Median
- 1.52%
- Q1
- -7.47%
- Min
- -33.75%
PLTR’s Return on Invested Capital of 6.67% is in line with the norm for the Software - Infrastructure industry, reflecting a standard level of efficiency in generating profits from its capital base.
Net Profit Margin
ESTC
-7.29%
Software - Application Industry
- Max
- 48.14%
- Q3
- 13.41%
- Median
- 0.82%
- Q1
- -14.07%
- Min
- -53.57%
ESTC has a negative Net Profit Margin of -7.29%, indicating the company is operating at a net loss as its expenses exceeded its revenues.
PLTR
18.32%
Software - Infrastructure Industry
- Max
- 46.46%
- Q3
- 13.46%
- Median
- 1.67%
- Q1
- -9.55%
- Min
- -41.51%
A Net Profit Margin of 18.32% places PLTR in the upper quartile for the Software - Infrastructure industry, signifying strong profitability and more effective cost management than most of its peers.
Operating Profit Margin
ESTC
-3.69%
Software - Application Industry
- Max
- 44.15%
- Q3
- 11.87%
- Median
- -0.07%
- Q1
- -13.25%
- Min
- -45.17%
ESTC has a negative Operating Profit Margin of -3.69%. This signifies the company is unprofitable at the operational level, as its core business expenses exceed its revenue.
PLTR
13.02%
Software - Infrastructure Industry
- Max
- 48.51%
- Q3
- 15.15%
- Median
- 5.00%
- Q1
- -7.71%
- Min
- -40.18%
PLTR’s Operating Profit Margin of 13.02% is around the midpoint for the Software - Infrastructure industry, indicating that its efficiency in managing core business operations is typical for the sector.
Profitability at a Glance
| Symbol | ESTC | PLTR |
|---|---|---|
| Return on Equity (TTM) | -12.88% | 12.03% |
| Return on Assets (TTM) | -4.17% | 8.47% |
| Return on Invested Capital (TTM) | -11.70% | 6.67% |
| Net Profit Margin (TTM) | -7.29% | 18.32% |
| Operating Profit Margin (TTM) | -3.69% | 13.02% |
| Gross Profit Margin (TTM) | 74.39% | 80.01% |
Financial Strength
Current Ratio
ESTC
1.92
Software - Application Industry
- Max
- 5.09
- Q3
- 2.83
- Median
- 1.68
- Q1
- 1.12
- Min
- 0.04
ESTC’s Current Ratio of 1.92 aligns with the median group of the Software - Application industry, indicating that its short-term liquidity is in line with its sector peers.
PLTR
6.49
Software - Infrastructure Industry
- Max
- 3.71
- Q3
- 2.18
- Median
- 1.53
- Q1
- 1.10
- Min
- 0.23
PLTR’s Current Ratio of 6.49 is exceptionally high, placing it well outside the typical range for the Software - Infrastructure industry. This indicates a very strong liquidity position, though such a high ratio may also suggest that the company is not using its assets efficiently to generate profits.
Debt-to-Equity Ratio
ESTC
0.03
Software - Application Industry
- Max
- 1.86
- Q3
- 0.81
- Median
- 0.19
- Q1
- 0.05
- Min
- 0.00
Falling into the lower quartile for the Software - Application industry, ESTC’s Debt-to-Equity Ratio of 0.03 points to a conservative financing strategy. This results in lower financial risk but potentially limits strategic investments compared to more leveraged competitors.
PLTR
0.05
Software - Infrastructure Industry
- Max
- 2.56
- Q3
- 1.15
- Median
- 0.35
- Q1
- 0.06
- Min
- 0.00
Falling into the lower quartile for the Software - Infrastructure industry, PLTR’s Debt-to-Equity Ratio of 0.05 points to a conservative financing strategy. This results in lower financial risk but potentially limits strategic investments compared to more leveraged competitors.
Interest Coverage Ratio
ESTC
-4.02
Software - Application Industry
- Max
- 31.61
- Q3
- 7.22
- Median
- 0.27
- Q1
- -13.93
- Min
- -39.97
ESTC has a negative Interest Coverage Ratio of -4.02. This indicates that its earnings were insufficient to cover even its operational costs, let alone its interest payments, signaling significant financial distress.
PLTR
--
Software - Infrastructure Industry
- Max
- 25.40
- Q3
- 5.24
- Median
- 1.61
- Q1
- -10.93
- Min
- -34.36
Interest Coverage Ratio data for PLTR is currently unavailable.
Financial Strength at a Glance
| Symbol | ESTC | PLTR |
|---|---|---|
| Current Ratio (TTM) | 1.92 | 6.49 |
| Quick Ratio (TTM) | 1.92 | 6.49 |
| Debt-to-Equity Ratio (TTM) | 0.03 | 0.05 |
| Debt-to-Asset Ratio (TTM) | 0.01 | 0.04 |
| Net Debt-to-EBITDA Ratio (TTM) | 74.71 | -1.75 |
| Interest Coverage Ratio (TTM) | -4.02 | -- |
Growth
The following charts compare key year-over-year (YoY) growth metrics for ESTC and PLTR. These metrics are based on the companies’ annual financial reports.
Revenue Growth (YoY)
EPS Growth (YoY)
Free Cash Flow Growth (YoY)
Dividend
Dividend Yield
ESTC
0.00%
Software - Application Industry
- Max
- 3.77%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
ESTC currently does not pay a dividend, resulting in a yield of 0%. This is a common strategy for growth-focused companies that prioritize reinvesting earnings, though it may be less typical in mature, income-oriented sectors.
PLTR
0.00%
Software - Infrastructure Industry
- Max
- 2.15%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
PLTR currently does not pay a dividend, resulting in a yield of 0%. This is a common strategy for growth-focused companies that prioritize reinvesting earnings, though it may be less typical in mature, income-oriented sectors.
Dividend Payout Ratio
ESTC
0.00%
Software - Application Industry
- Max
- 105.87%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
ESTC has a Dividend Payout Ratio of 0%, indicating it does not currently pay a dividend. This is a common strategy for growth-oriented companies that reinvest all profits back into the business.
PLTR
0.00%
Software - Infrastructure Industry
- Max
- 48.68%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
PLTR has a Dividend Payout Ratio of 0%, indicating it does not currently pay a dividend. This is a common strategy for growth-oriented companies that reinvest all profits back into the business.
Dividend at a Glance
| Symbol | ESTC | PLTR |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 0.00% |
| Dividend Payout Ratio (TTM) | 0.00% | 0.00% |
Valuation
Price-to-Earnings Ratio
ESTC
-77.77
Software - Application Industry
- Max
- 187.96
- Q3
- 100.57
- Median
- 52.22
- Q1
- 24.40
- Min
- 1.42
ESTC has a negative P/E Ratio of -77.77. This occurs when a company has negative earnings (a net loss), making the ratio unsuitable for valuation analysis.
PLTR
575.84
Software - Infrastructure Industry
- Max
- 202.47
- Q3
- 94.65
- Median
- 27.81
- Q1
- 19.24
- Min
- 5.08
At 575.84, PLTR’s P/E Ratio is exceptionally high, exceeding the typical maximum for the Software - Infrastructure industry. This suggests the stock may be significantly overvalued compared to its peers and implies high market expectations that could be difficult to meet.
Forward P/E to Growth Ratio
ESTC
-7.08
Software - Application Industry
- Max
- 14.09
- Q3
- 6.49
- Median
- 2.64
- Q1
- 0.46
- Min
- 0.02
ESTC has a negative Forward PEG Ratio of -7.08. This typically results from negative earnings or forecasts of declining future earnings, making the ratio not meaningful for valuation.
PLTR
20.03
Software - Infrastructure Industry
- Max
- 10.50
- Q3
- 5.45
- Median
- 2.02
- Q1
- 0.92
- Min
- 0.02
PLTR’s Forward PEG Ratio of 20.03 is exceptionally high for the Software - Infrastructure industry. This suggests its stock price is very high relative to its expected earnings growth, signaling significant overvaluation risk.
Price-to-Sales Ratio
ESTC
5.84
Software - Application Industry
- Max
- 18.42
- Q3
- 9.74
- Median
- 5.36
- Q1
- 2.83
- Min
- 0.23
ESTC’s P/S Ratio of 5.84 aligns with the market consensus for the Software - Application industry. This suggests its valuation, based on sales, is seen as standard and is on par with its competitors.
PLTR
101.64
Software - Infrastructure Industry
- Max
- 17.56
- Q3
- 8.84
- Median
- 4.58
- Q1
- 2.42
- Min
- 0.02
With a P/S Ratio of 101.64, PLTR trades at a valuation that eclipses even the highest in the Software - Infrastructure industry. This implies the market has priced in exceptionally optimistic scenarios for future revenue growth, posing considerable valuation risk.
Price-to-Book Ratio
ESTC
9.07
Software - Application Industry
- Max
- 19.82
- Q3
- 9.71
- Median
- 5.30
- Q1
- 2.84
- Min
- 0.12
The P/B Ratio is often not a primary valuation metric for the Software - Application industry.
PLTR
60.59
Software - Infrastructure Industry
- Max
- 19.72
- Q3
- 10.76
- Median
- 5.87
- Q1
- 2.66
- Min
- 0.34
The P/B Ratio is often not a primary valuation metric for the Software - Infrastructure industry.
Valuation at a Glance
| Symbol | ESTC | PLTR |
|---|---|---|
| Price-to-Earnings Ratio (P/E, TTM) | -77.77 | 575.84 |
| Forward PEG Ratio (TTM) | -7.08 | 20.03 |
| Price-to-Sales Ratio (P/S, TTM) | 5.84 | 101.64 |
| Price-to-Book Ratio (P/B, TTM) | 9.07 | 60.59 |
| Price-to-Free Cash Flow Ratio (P/FCF, TTM) | 33.10 | 240.16 |
| EV-to-EBITDA (TTM) | -847.26 | 736.79 |
| EV-to-Sales (TTM) | 5.37 | 101.40 |