WallStSmart

Elastic NV (ESTC)vsSAP SE ADR (SAP)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

SAP SE ADR generates 2127% more annual revenue ($37.34B vs $1.68B). SAP leads profitability with a 19.6% profit margin vs -5.0%. SAP appears more attractively valued with a PEG of 0.73. SAP earns a higher WallStSmart Score of 62/100 (C+).

ESTC

Hold

40

out of 100

Grade: F

Growth: 6.7Profit: 2.5Value: 7.0Quality: 5.0
Piotroski: 5/9Altman Z: 0.73

SAP

Buy

62

out of 100

Grade: C+

Growth: 6.0Profit: 8.5Value: 5.3Quality: 7.5
Piotroski: 5/9Altman Z: 3.11
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

ESTCUndervalued (+67.8%)

Margin of Safety

+67.8%

Fair Value

$192.31

Current Price

$52.25

$140.06 discount

UndervaluedFair: $192.31Overvalued
SAPSignificantly Overvalued (-16.9%)

Margin of Safety

-16.9%

Fair Value

$168.01

Current Price

$173.70

$5.69 premium

UndervaluedFair: $168.01Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

ESTC1 strengths · Avg: 8.0/10
Revenue GrowthGrowth
17.7%8/10

17.7% revenue growth

SAP6 strengths · Avg: 9.2/10
Market CapQuality
$204.11B10/10

Mega-cap, among the largest globally

Operating MarginProfitability
30.0%10/10

Strong operational efficiency at 30.0%

Altman Z-ScoreHealth
3.1110/10

Safe zone — low bankruptcy risk

Debt/EquityHealth
0.189/10

Conservative balance sheet, low leverage

PEG RatioValuation
0.738/10

Growing faster than its price suggests

Free Cash FlowQuality
$3.27B8/10

Generating 3.3B in free cash flow

Areas to Watch

ESTC4 concerns · Avg: 2.8/10
EPS GrowthGrowth
0.0%4/10

0.0% earnings growth

Operating MarginProfitability
0.2%3/10

Operating margin of 0.2%

Return on EquityProfitability
-10.2%2/10

ROE of -10.2% — below average capital efficiency

Altman Z-ScoreHealth
0.732/10

Distress zone — elevated risk

SAP0 concerns · Avg: 0/10

No major concerns identified

Comparative Analysis Report

WallStSmart Research

Bull Case : ESTC

The strongest argument for ESTC centers on Revenue Growth. Revenue growth of 17.7% demonstrates continued momentum. PEG of 1.37 suggests the stock is reasonably priced for its growth.

Bull Case : SAP

The strongest argument for SAP centers on Market Cap, Operating Margin, Altman Z-Score. Profitability is solid with margins at 19.6% and operating margin at 30.0%. PEG of 0.73 suggests the stock is reasonably priced for its growth.

Bear Case : ESTC

The primary concerns for ESTC are EPS Growth, Operating Margin, Return on Equity.

Bear Case : SAP

No major red flags identified for SAP, but monitor valuation.

Key Dynamics to Monitor

ESTC profiles as a growth stock while SAP is a mature play — different risk/reward profiles.

ESTC carries more volatility with a beta of 0.89 — expect wider price swings.

ESTC is growing revenue faster at 17.7% — sustainability is the question.

SAP generates stronger free cash flow (3.3B), providing more financial flexibility.

Bottom Line

SAP scores higher overall (62/100 vs 40/100), backed by strong 19.6% margins. ESTC offers better value entry with a 67.8% margin of safety. Both earn "Buy" and "Hold" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Elastic NV

TECHNOLOGY · SOFTWARE - APPLICATION · USA

Elastic NV, a search company, offers technology that enables users to search through structured and unstructured data for a variety of consumer and business applications. The company is headquartered in Mountain View, California.

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SAP SE ADR

TECHNOLOGY · SOFTWARE - APPLICATION · USA

SAP SE is a global enterprise application software company. The company is headquartered in Walldorf, Germany.

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