NE vs ESTC

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

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

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

NE vs ESTC - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

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

Market Cap

Winner

$6.30B

ESTC

$6.29B

Max Drawdown

Winner

65.95%

ESTC

76.82%

Sharpe Ratio

Winner

1.02

ESTC

-0.40

5Y Beta

Winner

1.22

ESTC

1.31

Industry

Oil & Gas Drilling

ESTC

Software - Application

P/E Ratio

27.43

Winner

ESTC

17.06

Forward P/E

20.96

Winner

ESTC

18.52

PEG Ratio

N/A

ESTC

4.17

Dividend Yield

5.00%

ESTC

N/A

Debt to Equity

Winner

41.79%

ESTC

44.72%

Free Cash Flow Yield

Winner

15.15%

ESTC

5.11%

P/S Ratio

Winner

2.03

ESTC

3.58

P/B Ratio

Winner

1.32

ESTC

4.73

NE vs ESTC - Historical Returns

Returns include dividend reinvestment.

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

-7.69%

Winner

ESTC

+0.03%

-11.63%

Winner

ESTC

+37.30%

Winner

+30.71%

ESTC

-13.99%

Winner

+53.28%

ESTC

-26.90%

5Y(CAGR)

Winner

+16.21%

ESTC

-15.53%

Max(CAGR)

Winner

+14.22%

ESTC

-1.48%

NE vs ESTC - Annual Returns (2018 - 2026)

Returns include dividend reinvestment.

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

NE vs ESTC Drawdown Comparison

The maximum drawdown for NE was -63.19%, occurring on Apr 4, 2025. Recovery took 629 trading sessions.

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

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

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

Correlation

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

-0.46

-101