WallStSmart

Elastic NV (ESTC)vsSAP SE ADR (SAP)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

SAP SE ADR generates 2096% more annual revenue ($38.19B vs $1.74B). ESTC leads profitability with a 21.1% profit margin vs 20.4%. SAP appears more attractively valued with a PEG of 1.63. SAP earns a higher WallStSmart Score of 64/100 (C+).

ESTC

Buy

53

out of 100

Grade: C-

Growth: 6.7Profit: 3.5Value: 6.0Quality: 5.0
Piotroski: 3/9Altman Z: 0.93

SAP

Buy

64

out of 100

Grade: C+

Growth: 7.3Profit: 8.5Value: 4.0Quality: 6.8
Piotroski: 6/9Altman Z: 3.11
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

ESTCUndervalued (+63.4%)

Margin of Safety

+63.4%

Fair Value

$169.15

Current Price

$75.11

$94.04 discount

UndervaluedFair: $169.15Overvalued
SAPSignificantly Overvalued (-30.4%)

Margin of Safety

-30.4%

Fair Value

$150.68

Current Price

$206.16

$55.48 premium

UndervaluedFair: $150.68Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

ESTC2 strengths · Avg: 8.5/10
Profit MarginProfitability
21.1%9/10

Keeps 21 of every $100 in revenue as profit

Revenue GrowthGrowth
16.0%8/10

16.0% revenue growth

SAP6 strengths · Avg: 8.8/10
Market CapQuality
$208.77B10/10

Mega-cap, among the largest globally

Altman Z-ScoreHealth
3.1110/10

Safe zone — low bankruptcy risk

Profit MarginProfitability
20.4%9/10

Keeps 20 of every $100 in revenue as profit

Operating MarginProfitability
27.6%8/10

Strong operational efficiency at 27.6%

EPS GrowthGrowth
30.6%8/10

Earnings expanding 30.6% YoY

Free Cash FlowQuality
$3.04B8/10

Generating 3.0B in free cash flow

Areas to Watch

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

0.0% earnings growth

Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

PEG RatioValuation
4.172/10

Expensive relative to growth rate

Return on EquityProfitability
-10.7%2/10

ROE of -10.7% — below average capital efficiency

SAP2 concerns · Avg: 3.0/10
PEG RatioValuation
1.634/10

Expensive relative to growth rate

Price/BookValuation
65.9x2/10

Trading at 65.9x book value

Comparative Analysis Report

WallStSmart Research

Bull Case : ESTC

The strongest argument for ESTC centers on Profit Margin, Revenue Growth. Profitability is solid with margins at 21.1% and operating margin at -3.5%. Revenue growth of 16.0% demonstrates continued momentum.

Bull Case : SAP

The strongest argument for SAP centers on Market Cap, Altman Z-Score, Profit Margin. Profitability is solid with margins at 20.4% and operating margin at 27.6%.

Bear Case : ESTC

The primary concerns for ESTC are EPS Growth, Piotroski F-Score, PEG Ratio.

Bear Case : SAP

The primary concerns for SAP are PEG Ratio, Price/Book.

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 1.00 — expect wider price swings.

ESTC is growing revenue faster at 16.0% — sustainability is the question.

SAP generates stronger free cash flow (3.0B), providing more financial flexibility.

Bottom Line

SAP scores higher overall (64/100 vs 53/100), backed by strong 20.4% margins. ESTC offers better value entry with a 63.4% margin of safety. Both earn "Buy" and "Buy" 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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