Which has the lower trailing P/E, ESTC or FORM?

ESTC has the lower trailing P/E: ESTC trades at 24.75 and FORM at 75.77. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, ESTC or FORM?

Over the past five years, ESTC grew revenue faster — ESTC at a 21.79% CAGR versus FORM at 3.77%.

Is ESTC or FORM more profitable?

ESTC runs the higher net margin — ESTC at 20.84% versus FORM at 12.80%.

How have ESTC and FORM total returns compared?

Over the past 5 years, ESTC delivered -11.45% and FORM delivered 22.79% annualized total return. Past performance doesn't predict future results.

Elastic N.V. (ESTC) vs FormFactor, Inc. (FORM)

A side-by-side comparison of Elastic N.V. and FormFactor, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 9, 2026. Differences are shown without an overall score or investment verdict.

ESTC

Elastic N.V.

$9.21B

$88.62TechnologyDelayed quote: Sep 9, 2026, 11:05 AM EDT

FORM

FormFactor, Inc.

$8.88B

$113.95TechnologyDelayed quote: Sep 9, 2026, 11:05 AM EDT

Total return — ESTC vs FORM

growth of $100 · dividends reinvested · last 8y

ESTC +26.3% (+3.0%/yr)FORM +699.0% (+29.7%/yr)FORM compounded faster over this window

Log scale — wide-divergence pair

ESTC FORM

ESTC vs FORM: by the numbers

•ESTC is the larger company ($9.21B vs $8.88B market cap).
•ESTC trades at the lower trailing earnings multiple (24.75 vs 75.77 P/E), one valuation lens rather than an overall verdict.
•ESTC converts more revenue to profit (20.84% vs 12.80% net margin).
•ESTC grew revenue faster over the past five years (21.79% vs 3.77% CAGR).

Metrics side by side

Valuation

Metric	ESTC	FORM
P/E ratio	24.75	75.77
Forward P/E	34.95	36.04
P/S ratio	5.13	9.69
P/B ratio	7.13	7.86
EV / EBITDA	N/A	44.82
FCF yield	3.77%	1.56%

Profitability

Metric	ESTC	FORM
Gross margin	75.50%	45.64%
Operating margin	-1.49%	8.18%
Net margin	20.84%	12.80%
ROE	28.97%	10.39%
ROIC	-1.37%	11.16%

Growth (annualized)

Metric	ESTC	FORM
Revenue CAGR (5Y)	21.79%	3.77%
EPS CAGR (5Y)	N/A	-7.27%
FCF CAGR (5Y)	107.34%	-36.53%
Total return CAGR (5Y)	-11.45%	22.79%

Frequently asked

Which has the lower trailing P/E, ESTC or FORM?: ESTC has the lower trailing P/E: ESTC trades at 24.75 and FORM at 75.77. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, ESTC or FORM?: Over the past five years, ESTC grew revenue faster — ESTC at a 21.79% CAGR versus FORM at 3.77%.
Is ESTC or FORM more profitable?: ESTC runs the higher net margin — ESTC at 20.84% versus FORM at 12.80%.
How have ESTC and FORM total returns compared?: Over the past 5 years, ESTC delivered -11.45% and FORM delivered 22.79% annualized total return. Past performance doesn't predict future results.

Go deeper

Full ESTC analysis Full FORM analysis Interactive comparison tool

Dig into the metrics

Elastic P/E ratio FormFactor P/E ratio Elastic ROE FormFactor ROE Elastic operating margin FormFactor operating margin Elastic revenue growth FormFactor revenue growth Elastic free cash flow FormFactor free cash flow

Elastic & FormFactor appear in these rankings

Fastest Revenue Growth Stocks Highest ROE Stocks Highest 10-Year Total Return Stocks

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified September 9, 2026.