ESTC vs BKH

Comparison between Elastic N.V (ESTC, Company) and Black Hills Corporation (BKH, Company).

ESTC is from the Technology sector, while BKH is from the Utilities sector.

5-Year PerformanceBKH has outperformed ESTC, delivering a return of +5.1% compared to -14.2%

ESTC vs BKH - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	ESTC(COMPANY)	BKH(COMPANY)
Market Cap	$5.61B	$5.62B
Max Drawdown	76.82%	74.87%
Sharpe Ratio	-0.41	1.29
5Y Beta	1.34	0.24
Industry	Software - Application	Utilities - Regulated Gas
P/E Ratio	-67.87	17.18
Forward P/E	19.01	16.89
PEG Ratio	4.17	0.50
Dividend Yield	N/A	3.80%
5Y Dividends CAGR	N/A	9.31%
5Y EPS CAGR	-17.58%	9.92%
Debt to Equity	72.14%	111.59%
Free Cash Flow Yield	4.58%	-5.57%
P/S Ratio	3.33	2.48
P/B Ratio	7.12	1.44

Market Cap

ESTC

$5.61B

Winner

BKH

$5.62B

Max Drawdown

ESTC

76.82%

Winner

BKH

74.87%

Sharpe Ratio

ESTC

-0.41

Winner

BKH

1.29

5Y Beta

ESTC

1.34

Winner

BKH

0.24

Industry

ESTC

Software - Application

BKH

Utilities - Regulated Gas

P/E Ratio

Winner

ESTC

-67.87

BKH

17.18

Forward P/E

ESTC

19.01

Winner

BKH

16.89

PEG Ratio

ESTC

4.17

Winner

BKH

0.50

Dividend Yield

ESTC

N/A

BKH

3.80%

5Y Dividends CAGR

ESTC

N/A

BKH

9.31%

5Y EPS CAGR

ESTC

-17.58%

Winner

BKH

9.92%

Debt to Equity

Winner

ESTC

72.14%

BKH

111.59%

Free Cash Flow Yield

Winner

ESTC

4.58%

BKH

-5.57%

P/S Ratio

ESTC

3.33

Winner

BKH

2.48

P/B Ratio

ESTC

7.12

Winner

BKH

1.44

ESTC vs BKH - Historical Returns

Returns include dividend reinvestment.

Period	ESTC	BKH
1 month	+18.97%	-3.11%
3 months	+16.73%	+0.46%
6 months	-17.72%	+4.94%
1 year	-27.48%	+30.91%
5 years(CAGR)	-14.22%	+5.13%
10 years(CAGR)	N/A	+5.12%
Max(CAGR)	-1.54%	+8.51%

Winner

ESTC

+18.97%

BKH

-3.11%

Winner

ESTC

+16.73%

BKH

+0.46%

ESTC

-17.72%

Winner

BKH

+4.94%

ESTC

-27.48%

Winner

BKH

+30.91%

5Y(CAGR)

ESTC

-14.22%

Winner

BKH

+5.13%

10Y(CAGR)

ESTC

N/A

BKH

+5.12%

Max(CAGR)

ESTC

-1.54%

Winner

BKH

+8.51%

ESTC vs BKH - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	ESTC	BKH
2026	-14.33%	+5.65%
2025	-23.87%	+24.80%
2024	-7.00%	+10.92%
2023	+124.68%	-20.06%
2022	-56.93%	+4.06%
2021	-12.99%	+21.67%
2020	+122.12%	-17.09%
2019	-3.12%	+31.76%
2018	+2.11%	+9.74%
2017	N/A	+2.14%
2016	N/A	+35.30%
2015	N/A	-9.44%
2014	N/A	+5.87%
2013	N/A	+43.60%
2012	N/A	+14.70%
2011	N/A	+15.71%
2010	N/A	+17.18%
2009	N/A	+3.80%
2008	N/A	-34.62%
2007	N/A	+20.65%
2006	N/A	+8.82%
2005	N/A	+19.16%
2004	N/A	+7.16%
2003	N/A	+16.03%
2002	N/A	-16.62%
2001	N/A	-8.60%
2000	N/A	+113.35%
1999	N/A	-2.62%

ESTC vs BKH Drawdown Comparison

The maximum drawdown for ESTC was -76.82%, occurring on Apr 10, 2026. This drawdown has not yet recovered.

The maximum drawdown for BKH was -65.69%, occurring on Mar 9, 2009. Recovery took 2850 trading sessions.

The current ESTC drawdown is -66.72%. The current BKH drawdown is -5.13%.

Rank	ESTC	BKH
#1	-76.82% Nov 16, 2021 - Apr 10, 2026	-65.69% May 24, 2001 - Sep 21, 2012
#2	-56.99% Jul 26, 2019 - Aug 20, 2020	-40.45% Feb 18, 2020 - Apr 20, 2022
#3	-39.87% Jan 21, 2021 - Sep 3, 2021	-36.98% Aug 19, 2022 - Nov 7, 2025
#4	-26.69% Feb 27, 2019 - Jul 22, 2019	-36.72% Jun 30, 2014 - Mar 9, 2016
#5	-23.74% Dec 3, 2018 - Jan 30, 2019	-28.42% Jun 16, 2017 - Feb 8, 2019
#6	-21.02% Oct 13, 2020 - Dec 3, 2020	-28.25% Dec 28, 2000 - Mar 30, 2001
#7	-17.01% Sep 3, 2021 - Oct 14, 2021	-17.96% Feb 9, 2000 - Jun 20, 2000
#8	-13.92% Nov 8, 2018 - Dec 3, 2018	-15.82% Apr 20, 2022 - Aug 18, 2022
#9	-13.54% Oct 5, 2018 - Nov 7, 2018	-13.84% Aug 1, 2013 - Jan 16, 2014
#10	-11.68% Aug 26, 2020 - Oct 5, 2020	-11.22% Jun 20, 2000 - Aug 11, 2000
#11	-11.08% Dec 22, 2020 - Jan 15, 2021	-11.02% Jul 1, 2016 - Feb 21, 2017
#12	-5.59% Dec 8, 2020 - Dec 17, 2020	-10.45% Mar 4, 2026 - Apr 14, 2026
#13	-5.39% Feb 5, 2019 - Feb 14, 2019	-10.04% Nov 1, 1999 - Dec 1, 1999
#14	-5.24% Nov 9, 2021 - Nov 16, 2021	-8.67% Jun 24, 2019 - Jan 16, 2020
#15	-3.39% Aug 20, 2020 - Aug 26, 2020	-8.52% Nov 28, 2025 - Feb 3, 2026

Correlation

Correlation between ESTC and BKH is -0.39 which considered as a weak negative correlation - the stocks show a slight tendency to move in opposite directions.

-0.39

-101