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

ESTC has the lower trailing P/E: ESTC trades at 27.96 and NVMI at 43.36. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, ESTC or NVMI?

Over the past five years, NVMI grew revenue faster — ESTC at a 21.79% CAGR versus NVMI at 23.40%.

Is ESTC or NVMI more profitable?

NVMI runs the higher net margin — ESTC at 20.84% versus NVMI at 28.84%.

How have ESTC and NVMI total returns compared?

Over the past 5 years, ESTC delivered -8.44% and NVMI delivered 40.07% annualized total return. Past performance doesn't predict future results.

Elastic N.V. (ESTC) vs Nova Ltd. (NVMI)

A side-by-side comparison of Elastic N.V. and Nova Ltd. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 30, 2026. Differences are shown without an overall score or investment verdict.

ESTC

Elastic N.V.

$10.39B

$99.91TechnologyAt close: Aug 28, 2026, 4:00 PM ET

NVMI

Nova Ltd.

$11.09B

$349.06TechnologyAt close: Aug 28, 2026, 4:00 PM ET

Total return — ESTC vs NVMI

growth of $100 · dividends reinvested · last 8y

ESTC +42.7% (+4.5%/yr)NVMI +1237.4% (+38.3%/yr)NVMI compounded faster over this window

Log scale — wide-divergence pair

ESTC NVMI

ESTC vs NVMI: by the numbers

•NVMI is the larger company ($11.09B vs $10.39B market cap).
•ESTC trades at the lower trailing earnings multiple (27.96 vs 43.36 P/E), one valuation lens rather than an overall verdict.
•NVMI converts more revenue to profit (28.84% vs 20.84% net margin).
•NVMI grew revenue faster over the past five years (23.40% vs 21.79% CAGR).

Metrics side by side

Valuation

Metric	ESTC	NVMI
P/E ratio	27.96	43.36
Forward P/E	39.49	32.70
P/S ratio	5.80	12.83
P/B ratio	8.06	8.21
EV / EBITDA	N/A	43.00
FCF yield	3.34%	1.58%

Profitability

Metric	ESTC	NVMI
Gross margin	75.50%	57.12%
Operating margin	-1.54%	28.97%
Net margin	20.84%	28.84%
ROE	28.97%	18.45%
ROIC	-1.41%	10.06%

Growth (annualized)

Metric	ESTC	NVMI
Revenue CAGR (5Y)	21.79%	23.40%
EPS CAGR (5Y)	N/A	38.17%
FCF CAGR (5Y)	107.34%	18.35%
Total return CAGR (5Y)	-8.44%	28.23%

Frequently asked

Which has the lower trailing P/E, ESTC or NVMI?: ESTC has the lower trailing P/E: ESTC trades at 27.96 and NVMI at 43.36. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, ESTC or NVMI?: Over the past five years, NVMI grew revenue faster — ESTC at a 21.79% CAGR versus NVMI at 23.40%.
Is ESTC or NVMI more profitable?: NVMI runs the higher net margin — ESTC at 20.84% versus NVMI at 28.84%.
How have ESTC and NVMI total returns compared?: Over the past 5 years, ESTC delivered -8.44% and NVMI delivered 40.07% annualized total return. Past performance doesn't predict future results.

Go deeper

Full ESTC analysis Full NVMI analysis Interactive comparison tool

Dig into the metrics

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

Elastic & Nova 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 August 30, 2026.