Bert Hochfeld latest article on ESTC.
https://seekingalpha.com/article/4338209-elastic-seems-locke…
But the fact is that Elastic, which I believe likely to have a mid-40% CAGR over the next 3 years, even including a couple of quarters of blip from the current world-wide economic contraction, has a far lower valuation than its peers - and to an extent, that was true even before the virus panic cut down all valuations. Right now, the shares are valued at about 50% below average for the company’s growth cohort with a current EV/S of 6.7X based on forward unrevised revenues, and that is the biggest discount to average valuation amongst all of its peers whose growth is expected to be 40%-50%.