Both in Packaged Software
Elastic vs GitLab
Over the past year ESTC returned +9.0% and GTLB returned +11.0%; their daily moves had a correlation of 0.60.
ESTC +9.0% GTLB +11.0%Growth of $1, one year, split-adjusted
| Metric | ESTC | GTLB |
|---|---|---|
| Price | $97.28 | $54.09 |
| Market cap | $10.21B | $9.01B |
| Today | −5.83% | −4.52% |
| 1 month | +5.4% | +8.3% |
| 6 months | +100.1% | +124.9% |
| Year to date | +29.0% | +44.1% |
| 1 year | +12.6% | +12.6% |
| Revenue growth (YoY) | +15.1% | +21.3% |
| Gross margin | 74.5% | 84.1% |
| Net margin | −3.5% | −12.9% |
| P/E (TTM) | 27.2× | — |
| Price / sales | 5.7× | 8.5× |
| Net cash | $889.8M | $1.26B |
| Dividend yield | — | — |
| Volatility (60d) | 63.7% | 53.9% |
| Short % of float | 4.5% | 8.5% |
| Next earnings | — | — |
Shading marks the stronger figure where one clearly exists (lower is better for valuation and volatility).