DSGX vs ESTC vs ITMSF Stock Comparison

Descartes Systems, Elastic and Intermap Technologies Prices as of Oct 26, 2026 Peers: Industry group
ESTC Elastic N.V.
$106.26 +20.7% 1M +20.5% 1Y
Market cap
$11.02B
P/E
29.3x
Revenue (TTM)
$1.80B
Div. yield
–
Data Infrastructure Technology
6 wins

Head to Head

10 decided of 12

Elastic leads on 6 of the 12 questions below (Elastic 6, Descartes Systems 3, Intermap Technologies 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionDSGXESTCITMSFLeader
Larger companyMarket capitalisation $7.91B $11.02B $34.05M ESTC
Cheaper on earningsLower P/E, profitable companies only 42.1x 29.3x -3.5x ESTC
Cheaper on forward earningsLower price / next fiscal year consensus EPS 43.1x 30.3x 27.5x ITMSF
Faster revenue growthRevenue growth, trailing twelve months +13.2% +16.2% -66.2% ESTC
More profitableNet margin, trailing twelve months 24.3% 20.8% -147.8% DSGX
Better return on capitalReturn on invested capital — 0.0% — –
Less leveragedLower net debt / EBITDA — -10.8x 1.8x ESTC
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -1.7% +20.5% -74.8% ESTC
Better 5-year returnAnnualised price return, 5 years +3.3%/yr -8.8%/yr -4.7%/yr DSGX
Less volatileAnnualised volatility, 1 year 41.4% 58.2% 84.7% DSGX
Higher overall scoreMean of the five percentile scores vs peers 67/100 71/100 26/100 ESTC

Percentile Scorecard

DSGXESTCITMSF

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisDSGXESTCITMSF
Valuation 43 #52 of 90 70 #38 of 124 19 #101 of 124
Growth 65 #29 of 82 82 #21 of 113 1 #112 of 113
Profitability 97 #3 of 77 66 #38 of 110 20 #88 of 110
Financial Health 83 #17 of 96 53 #61 of 129 64 #47 of 129
Shareholder Returns 45 #30 of 54 85 #11 of 67 –
Overall 67 71 26
  • DSGX ranked among 99 companies in Vertical Software
  • ESTC ranked among 137 companies in Infrastructure Software
  • ITMSF ranked among 137 companies in Infrastructure Software

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodDSGXESTCITMSFSPY
1 month +20.6%+20.7%-14.1% -0.8%
3 months +33.3%+73.6%-22.5% +3.5%
6 months +33.4%+122.2%-62.8% +7.0%
Year to date +8.1%+40.9%-59.6% +12.2%
1 year -1.7%+20.5%-74.8% +13.0%
3 years +35.8%+40.7%+37.5% +86.3%
3 years, per year +10.7%+12.1%+11.2% +23.1%
5 years +17.5%-37.0%-21.4% +68.6%
5 years, per year +3.3%-8.8%-4.7% +11.0%
10 years +351.3%—-21.4% +258.0%
10 years, per year +16.3%—-2.4% +13.6%

Risk

MeasureDSGXESTCITMSFSPY
Volatility, 1Y 41.4%58.2%84.7% 12.7%
Downside volatility, 1Y 38.4%59.3%99.0% 12.7%
Beta vs S&P 500, 1Y 0.341.140.86 1.00
Return / volatility, 1Y -0.040.35-0.88 1.02
Max drawdown, 5Y -48.7%-76.8%-78.5% -25.4%
From 52-week high -1.9%0.0%-73.7% -1.8%
52-week high $96.58$106.26$2.09 $779.14
52-week low $62.82$43.30$0.54 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleDSGXESTCITMSF
P/E now vs peer median 43.3xmedian 42.4x 29.6xmedian 38.1x -3.5xmedian 38.1x
P/S now vs peer median 10.5xmedian 2.7x 6.2xmedian 4.3x 6.0xmedian 4.3x
EV/EBITDA now vs peer median 23.7xmedian 19.0x 124.2xmedian 35.4x -2.8xmedian 35.4x
P/FCF now vs peer median 27.4xmedian 19.4x 32.0xmedian 27.1x -4.6xmedian 27.1x
P/B now vs peer median 5.0xmedian 1.8x 8.6xmedian 3.4x 2.3xmedian 3.4x
PEG now vs peer median 2.46median 1.75 0.55median 1.27 —median 1.27

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsDSGXESTCITMSF
Revenue $775.17M $1.80B $6.65M
Gross profit $601.59M $1.36B –
Operating income $243.60M -$47.61M -$9.75M
Net income $188.01M $375.64M -$9.82M
Free cash flow $297.47M $349.04M -$8.57M
R&D $109.17M $455.30M –
EPS (diluted) $2.15 $3.59 $-0.16
Cash & equivalents $401.06M $879.87M $16.18M
Total debt – $571.20M $1.65M
Shares (diluted) 87.58M 104.64M 61.80M
Enterprise value $6.50B $5.55B -$49.72M

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricDSGXESTCITMSF
P/E 43.3x 29.6x -3.5x
P/FCF 27.4x 32.0x -4.6x
P/Operating cash flow 26.7x 31.5x -5.6x
P/S 10.5x 6.2x 6.0x
P/B 5.0x 8.6x 2.3x
P/Tangible book 6.2x 8.7x 2.4x
EV/EBITDA 23.7x 124.2x -2.8x
EV/EBIT 31.8x -215.9x -2.5x
EV/Revenue 10.0x 5.7x 3.6x
EV/FCF 26.1x 29.5x -2.8x
EV/Operating cash flow 25.4x 29.0x -3.4x
PEG (3Y EPS CAGR) 2.46 0.55 –

Growth

14 metrics
MetricDSGXESTCITMSF
Revenue growth (1Y) 13.2% 16.2% -66.2%
Revenue CAGR (3Y) 13.8% 17.4% –
Gross profit growth (1Y) 15.5% 16.7% –
Gross profit CAGR (3Y) 14.4% 18.8% –
Operating income growth (1Y) 30.1% -56.0% -1,317%
Operating income CAGR (3Y) 19.8% 37.5% –
Net income growth (1Y) 26.9% 549.9% -1,584%
Net income CAGR (3Y) 18.3% 55.3% –
EPS growth (1Y) 26.4% 555.6% -1,313%
EPS CAGR (3Y) 17.6% 53.7% –
Operating cash flow growth (1Y) 28.6% 11.3% -365.1%
Operating cash flow CAGR (3Y) 14.7% 62.1% –
Free cash flow growth (1Y) 30.3% 11.2% -216.7%
Free cash flow CAGR (3Y) 15.7% 63.2% –

Profitability

14 metrics
MetricDSGXESTCITMSF
Gross margin 77.6% 75.5% –
EBITDA margin 42.1% 4.6% -128.3%
Operating margin 31.4% -2.6% -146.6%
Pretax margin 32.7% -1.1% -152.3%
Net margin 24.3% 20.8% -147.8%
FCF margin 38.4% 19.4% -129.0%
Operating cash flow margin 39.4% 19.6% -107.7%
Return on equity 11.4% 29.2% -51.9%
Return on assets – 12.2% -36.5%
Return on invested capital – 0.0% –
Return on capital employed – -2.3% -45.5%
Asset turnover – 0.6x 0.2x
Cash conversion (OCF / net income) 1.6x 0.9x 0.7x
Stock comp / revenue 3.5% 16.8% 9.6%

Financial Health

11 metrics
MetricDSGXESTCITMSF
Debt / assets – 19.0% 1.6%
Debt / equity – 0.4x 0.0x
Net debt / EBITDA – -10.8x 1.8x
Debt / FCF – 1.6x 0.0x
Liabilities / assets 15.9% 56.8% 32.0%
Equity / assets 84.1% 43.2% 68.0%
Interest coverage 168.0x -1.9x -180.5x
Current ratio 2.0x 1.8x 3.3x
Quick ratio 1.9x 1.6x 3.2x
Cash ratio 1.5x 1.4x 2.9x
Altman Z-score 17.03 4.47 -11.00

Shareholder Returns

7 metrics
MetricDSGXESTCITMSF
Dividend yield – – –
Net buyback yield 0.2% 3.1% –
Shareholder yield 0.2% 3.1% –
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusDSGXESTCITMSF
Forward P/E 43.1xFY2026 30.3xFY2026 27.5xFY2026
EPS, next fiscal year $2.20FY2026 $3.51FY2026 $0.02FY2026
EPS growth, next FY +17.6%FY2026 +36.6%FY2026 –
EPS growth, the year after +18.2% +19.4% +350.0%
Revenue, next fiscal year $889.11MFY2026 $1.88BFY2026 $32.39MFY2026
Revenue growth, next FY +22.0%FY2026 +8.2%FY2026 +205.6%FY2026
Revenue growth, the year after +1.6% +18.3% +29.0%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersDSGXESTCITMSF
Held by institutions 82.0% 86.4% –
Institutions holding 341 371 –
Change in shares held, QoQ +3.7% +1.7% –
Institutions buying 167 199 –
Institutions selling 139 129 –
Buyers to sellers 1.20 1.54 –

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

DSGXESTCITMSF
DSGX 1.00 0.48 0.13
ESTC 0.48 1.00 0.14
ITMSF 0.13 0.14 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, DSGX, ESTC and ITMSF?

Elastic (ESTC) is the largest by market capitalisation: Descartes Systems (DSGX) $7.91B, Elastic (ESTC) $11.02B, Intermap Technologies (ITMSF) $34.05M.

Which stock is cheaper, DSGX, ESTC and ITMSF?

Elastic (ESTC) trades on the lowest price-to-earnings ratio (Descartes Systems (DSGX) 42.1x, Elastic (ESTC) 29.3x, Intermap Technologies (ITMSF) -3.5x). On next year's consensus earnings, Intermap Technologies (ITMSF) is cheapest (Descartes Systems (DSGX) 43.1x, Elastic (ESTC) 30.3x, Intermap Technologies (ITMSF) 27.5x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Elastic (ESTC) grew revenue fastest over the trailing twelve months: Descartes Systems (DSGX) +13.2%, Elastic (ESTC) +16.2%, Intermap Technologies (ITMSF) -66.2%.

Which company is more profitable?

Descartes Systems (DSGX) has the highest net margin (Descartes Systems (DSGX) 24.3%, Elastic (ESTC) 20.8%, Intermap Technologies (ITMSF) -147.8%).

Which stock has performed better?

Over the past year Elastic (ESTC) returned the most: Descartes Systems (DSGX) -1.7%, Elastic (ESTC) +20.5%, Intermap Technologies (ITMSF) -74.8%. Over five years, Descartes Systems (DSGX) compounded fastest (Descartes Systems (DSGX) +3.3%/yr, Elastic (ESTC) -8.8%/yr, Intermap Technologies (ITMSF) -4.7%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Descartes Systems (DSGX) has been the steadiest (Descartes Systems (DSGX) 41.4%, Elastic (ESTC) 58.2%, Intermap Technologies (ITMSF) 84.7%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, DSGX, ESTC and ITMSF?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Elastic (ESTC) leads on 6. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.