Both in Packaged Software

Elastic vs Netskope

Over the past year ESTC returned +0.7% and NTSK returned −9.3%; their daily moves had a correlation of 0.46.

ESTC +0.7% NTSK −9.3%Growth of $1, one year, split-adjusted
MetricESTCNTSK
Price$91.34$22.00
Market cap$9.59B$8.99B
Today−6.11%−9.46%
1 month−2.8%+23.9%
6 months+80.3%+113.2%
Year to date+21.1%+25.4%
1 year+3.3%−4.0%
Revenue growth (YoY)+15.1%—
Gross margin74.5%73.9%
Net margin−3.5%−50.2%
P/E (TTM)25.5×—
Price / sales5.3×11.2×
Net cash$889.8M$369.2M
Dividend yield——
Volatility (60d)63.8%71.3%
Short % of float4.5%9.5%
Next earnings——

Shading marks the stronger figure where one clearly exists (lower is better for valuation and volatility).