Elastic N.V. (ESTC) exhibits 76.1% gross margins and -3.0% return on invested capital within Technology (Computer Software: Prepackaged Software), balanced against a 29.8x enterprise multiple and 7.5% implied options volatility.
Sustained 76.1% gross profitability converts into -1.9% operating margin and -3.0% ROIC, outpacing sector cost of capital.
ROIC: -3.0% // GM: 76.1%YoY revenue trajectory of +17.3% paired with 2.94% free cash flow yield supports self-funded R&D and capital return.
REV YOY: +17.3% // FCF YLD: 2.94%Altman Z-Score of 4.38 and Piotroski F-Score of 8/9 indicate low near-term refinancing stress.
ALTMAN Z: 4.38 // F-SCORE: 8/9Trading at 29.8x trailing P/E (25.0x Fwd P/E) leaves valuation vulnerable if real 10Y TIPS yields spike.
P/E: 29.8x // EV/EBITDA: —Options market prices a ±7.5% implied move with a 0.94 put/call ratio around $101.00 max pain.
IMPL MOVE: ±7.5% // P/C: 0.94Elevated industry capital intensity and customer concentration in Computer Software: Prepackaged Software require continuous execution to defend 21.1% net margins.
NET MARGIN: 21.1% // D/E: 0.87x| FILER | SIDE | $ VALUE |
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| INSPECT FULL OWNERSHIP LEDGER IN OWN <GO> | ||
| STRIKE / EXP | TYPE | PREMIUM |
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| INSPECT GEX & CHAIN IN OPT <GO> | ||
Unblur the exact $50,000 delta-adjusted ETF/options hedge ratio for ESTC & activate live FRED threshold breach alerts.