ESTC vs NE

Comparison between Elastic N.V (ESTC, Company) and Noble Corp Plc - Class A (NE, Company).

ESTC is from the Technology sector, while NE is from the Energy sector.

5-Year PerformanceNE has outperformed ESTC, delivering a return of +16.2% compared to -15.5%

ESTC vs NE - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	ESTC(COMPANY)	NE(COMPANY)
Market Cap	$6.29B	$6.30B
Max Drawdown	76.82%	65.95%
Sharpe Ratio	-0.40	1.02
5Y Beta	1.31	1.22
Industry	Software - Application	Oil & Gas Drilling
P/E Ratio	17.06	27.43
Forward P/E	18.52	20.96
PEG Ratio	4.17	N/A
Dividend Yield	N/A	5.00%
Debt to Equity	44.72%	41.79%
Free Cash Flow Yield	5.11%	15.15%
P/S Ratio	3.58	2.03
P/B Ratio	4.73	1.32

Market Cap

ESTC

$6.29B

Winner

$6.30B

Max Drawdown

ESTC

76.82%

Winner

65.95%

Sharpe Ratio

ESTC

-0.40

Winner

1.02

5Y Beta

ESTC

1.31

Winner

1.22

Industry

ESTC

Software - Application

Oil & Gas Drilling

P/E Ratio

Winner

ESTC

17.06

27.43

Forward P/E

Winner

ESTC

18.52

20.96

PEG Ratio

ESTC

4.17

N/A

Dividend Yield

ESTC

N/A

5.00%

Debt to Equity

ESTC

44.72%

Winner

41.79%

Free Cash Flow Yield

ESTC

5.11%

Winner

15.15%

P/S Ratio

ESTC

3.58

Winner

2.03

P/B Ratio

ESTC

4.73

Winner

1.32

ESTC vs NE - Historical Returns

Returns include dividend reinvestment.

Period	ESTC	NE
1 month	+0.03%	-7.69%
3 months	+37.30%	-11.63%
6 months	-13.99%	+30.71%
1 year	-26.90%	+53.28%
5 years(CAGR)	-15.53%	+16.21%
Max(CAGR)	-1.48%	+14.22%

Winner

ESTC

+0.03%

-7.69%

Winner

ESTC

+37.30%

-11.63%

ESTC

-13.99%

Winner

+30.71%

ESTC

-26.90%

Winner

+53.28%

5Y(CAGR)

ESTC

-15.53%

Winner

+16.21%

Max(CAGR)

ESTC

-1.48%

Winner

+14.22%

ESTC vs NE - Annual Returns (2018 - 2026)

Returns include dividend reinvestment.

Year	ESTC	NE
2026	-14.11%	+46.85%
2025	-23.87%	-7.82%
2024	-7.00%	-31.71%
2023	+124.68%	+35.29%
2022	-56.93%	+44.26%
2021	-12.99%	+0.24%
2020	+122.12%	N/A
2019	-3.12%	N/A
2018	+2.11%	N/A

ESTC vs NE 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 NE was -63.19%, occurring on Apr 4, 2025. Recovery took 629 trading sessions.

The current ESTC drawdown is -66.63%. The current NE drawdown is -22.52%.

Rank	ESTC	NE
#1	-76.82% Nov 16, 2021 - Apr 10, 2026	-63.19% Sep 12, 2023 - Mar 17, 2026
#2	-56.99% Jul 26, 2019 - Aug 20, 2020	-37.76% Jun 8, 2022 - Nov 4, 2022
#3	-39.87% Jan 21, 2021 - Sep 3, 2021	-31.07% May 18, 2026 - Jul 1, 2026
#4	-26.69% Feb 27, 2019 - Jul 22, 2019	-21.86% Mar 6, 2023 - Jul 7, 2023
#5	-23.74% Dec 3, 2018 - Jan 30, 2019	-21.50% Nov 8, 2021 - Mar 3, 2022
#6	-21.02% Oct 13, 2020 - Dec 3, 2020	-19.81% Jul 2, 2021 - Sep 2, 2021
#7	-17.01% Sep 3, 2021 - Oct 14, 2021	-16.61% Mar 25, 2022 - May 26, 2022
#8	-13.92% Nov 8, 2018 - Dec 3, 2018	-16.44% Nov 11, 2022 - Feb 8, 2023
#9	-13.54% Oct 5, 2018 - Nov 7, 2018	-12.61% Feb 14, 2023 - Mar 2, 2023
#10	-11.68% Aug 26, 2020 - Oct 5, 2020	-11.66% Sep 15, 2021 - Nov 8, 2021
#11	-11.08% Dec 22, 2020 - Jan 15, 2021	-9.55% Apr 27, 2026 - May 18, 2026
#12	-5.59% Dec 8, 2020 - Dec 17, 2020	-8.25% Mar 11, 2022 - Mar 21, 2022
#13	-5.39% Feb 5, 2019 - Feb 14, 2019	-8.12% Apr 7, 2026 - Apr 27, 2026
#14	-5.24% Nov 9, 2021 - Nov 16, 2021	-5.40% Mar 7, 2022 - Mar 11, 2022
#15	-3.39% Aug 20, 2020 - Aug 26, 2020	-5.38% Aug 11, 2023 - Sep 1, 2023

Correlation

Correlation between ESTC and NE is -0.46 which considered as a weak negative correlation - the stocks show a slight tendency to move in opposite directions.

-0.46

-101