Both in Packaged Software
GitLab vs Elastic
Over the past year GTLB returned +19.0% and ESTC returned +19.7%; their daily moves had a correlation of 0.60.
GTLB +19.0% ESTC +19.7%Growth of $1, one year, split-adjusted
| Metric | GTLB | ESTC |
|---|---|---|
| Price | $57.75 | $106.15 |
| Market cap | $9.62B | $11.14B |
| Today | +1.64% | +0.60% |
| 1 month | +23.6% | +19.5% |
| 6 months | +163.6% | +123.9% |
| Year to date | +53.9% | +40.7% |
| 1 year | +19.0% | +19.7% |
| Revenue growth (YoY) | +21.3% | +15.1% |
| Gross margin | 84.1% | 74.5% |
| Net margin | −12.9% | −3.5% |
| P/E (TTM) | — | 29.7× |
| Price / sales | 9.1× | 6.2× |
| Net cash | $1.26B | $889.8M |
| Dividend yield | — | — |
| Volatility (60d) | 52.7% | 62.0% |
| Short % of float | 8.5% | 4.5% |
| Next earnings | — | — |
Shading marks the stronger figure where one clearly exists (lower is better for valuation and volatility).