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Elastic NV
NYSE:ESTC

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Elastic NV Logo
Elastic NV
NYSE:ESTC
Watchlist
Price: 100.24 USD 0.11%
Updated: Mar 29, 2024

ROIC
Return on Invested Capital

6.4%
Current
-25%
Average
2.5%
Industry
Positive for the last year
6.4%
Negative average
-25%
Better than average
Better than industry value

ROIC, or Return on Invested Capital, tells you how good a company is at turning its invested money into profits. In simple terms, ROIC shows how many dollars of profit the company makes for each dollar it has invested. A higher ROIC usually means the company is using its money wisely to grow and make more profits, which is a good sign for investors.

ROIC
6.4%
=
NOPAT
55.9m
/
Invested Capital
877m

ROIC Across Competitors

ROIC Comparison
Elastic NV Competitors

Country Company Market Cap ROIC
NL
Elastic NV
NYSE:ESTC
10.1B USD
6%
US
Ezenia! Inc
OTC:EZEN
789.1B USD
-232%
US
Advant-e Corp
OTC:ADVC
670.7B USD
62%
US
Salesforce Inc
NYSE:CRM
292.4B USD
6%
US
Adobe Inc
NASDAQ:ADBE
229.6B USD
26%
DE
SAP SE
XETRA:SAP
210.6B EUR
8%
US
Intuit Inc
NASDAQ:INTU
182B USD
11%
US
Synopsys Inc
NASDAQ:SNPS
87.2B USD
16%
US
Cadence Design Systems Inc
NASDAQ:CDNS
84.6B USD
27%
US
Workday Inc
NASDAQ:WDAY
71.7B USD
9%
FR
Dassault Systemes SE
PAR:DSY
54B EUR
9%
Country NL
Market Cap 10.1B USD
ROIC
6%
Country US
Market Cap 789.1B USD
ROIC
-232%
Country US
Market Cap 670.7B USD
ROIC
62%
Country US
Market Cap 292.4B USD
ROIC
6%
Country US
Market Cap 229.6B USD
ROIC
26%
Country DE
Market Cap 210.6B EUR
ROIC
8%
Country US
Market Cap 182B USD
ROIC
11%
Country US
Market Cap 87.2B USD
ROIC
16%
Country US
Market Cap 84.6B USD
ROIC
27%
Country US
Market Cap 71.7B USD
ROIC
9%
Country FR
Market Cap 54B EUR
ROIC
9%

ROIC Distribution

ROIC Distribution
Technology Industry

Profitability Report

View the profitability report to see the full profitability analysis for Elastic NV.

See Also

Discover More
What is Return on Invested Capital?

ROIC, or Return on Invested Capital, tells you how good a company is at turning its invested money into profits. In simple terms, ROIC shows how many dollars of profit the company makes for each dollar it has invested. A higher ROIC usually means the company is using its money wisely to grow and make more profits, which is a good sign for investors.

ROIC
6.4%
=
NOPAT
55.9m
/
Invested Capital
877m
What is the ROIC of Elastic NV?

Based on Elastic NV's most recent financial statements, the company has ROIC of 6.4%.