Elastic N.V. (ESTC) vs Paycom Software, Inc. (PAYC)

Elastic N.V. and Paycom Software, Inc. are both Software Application companies. Elastic N.V. and Paycom Software, Inc. are of similar size ($9.8B and $9.6B). Paycom Software, Inc. trades at the lower P/E: 23.4× against 24.4×. Elastic N.V. grew revenue faster over the last twelve months: 16.2% against 9.22%. Paycom Software, Inc. has the higher net margin (22.8% vs 20.8%) and the higher return on invested capital (31.8% vs −7.35%). Both pay a dividend; Paycom Software, Inc. yields more (0.57% vs 0.05%). Across the 23 metrics below, Paycom Software, Inc. leads on 14 and Elastic N.V. on 9.

Valuation

Metric ESTC PAYC Software Application median
P/E 24.41 23.38 24.79
P/S 5.12 4.72 2.67
P/B 7.11 17.67 3.01
Price to free cash flow 26.42 18.10 16.59
EV/EBITDA 102.19 12.79 14.40
EV/Sales 4.62 5.05 2.62
Earnings yield 4.10% 4.28% 0.00%
Free cash flow yield 3.79% 5.53% 1.91%

Profitability

Metric ESTC PAYC Software Application median
Gross margin 75.50% 83.66% 67.03%
Operating margin (2.64%) 30.29% 0.00%
Net margin 20.84% 22.78% 0.00%
Free cash flow margin 19.37% 26.87% 4.32%
Return on equity 33.12% 41.09% 0.00%
Return on assets 13.60% 10.56% 0.00%
Return on invested capital (7.35%) 31.83% 0.00%

Growth

Metric ESTC PAYC Software Application median
Revenue growth (TTM) 16.18% 9.22% 12.40%
EPS growth (last fiscal year) 429.81% (9.42%) —
Revenue growth, 5-year CAGR 23.37% 19.51% 13.72%
Net income growth, 5-year CAGR 0.00% 25.88% 0.00%

Health

Metric ESTC PAYC Software Application median
Debt to equity 0.44 1.57 0.02
Current ratio 1.81 1.07 1.55
Net debt to EBITDA (9.19) (0.50) 0.06

Dividend

Metric ESTC PAYC Software Application median
Dividend yield 0.05% 0.57% 1.25%
Payout ratio 0.00 0.07 0.00

Size

Metric ESTC PAYC Software Application median
Market cap 9.58b 9.78b 396.11m

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack