DSGX vs ESTC vs XTLB Stock Comparison

Descartes Systems, Elastic and Xtl Biopharmaceuticals Prices as of Oct 27, 2026 Peers: Industry group
ESTC Elastic N.V.
$105.51 +19.9% 1M +19.0% 1Y
Market cap
$11.09B
P/E
29.4x
Revenue (TTM)
$1.80B
Div. yield
–
Data Infrastructure Technology
6 wins

Head to Head

9 decided of 12

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

QuestionDSGXESTCXTLBLeader
Larger companyMarket capitalisation $7.93B $11.09B $17.13M ESTC
Cheaper on earningsLower P/E, profitable companies only 42.1x 29.4x -2.3x ESTC
Cheaper on forward earningsLower price / next fiscal year consensus EPS 41.9x 30.1x — ESTC
Faster revenue growthRevenue growth, trailing twelve months +13.2% +16.2% — ESTC
More profitableNet margin, trailing twelve months 24.3% 20.8% — DSGX
Better return on capitalReturn on invested capital — 0.0% — –
Less leveragedLower net debt / EBITDA — -10.8x — –
Higher dividend yieldTrailing dividend yield — — — –
Better 1-year returnPrice return, last 12 months -3.5% +19.0% -62.3% ESTC
Better 5-year returnAnnualised price return, 5 years +2.4%/yr -9.3%/yr -34.7%/yr DSGX
Less volatileAnnualised volatility, 1 year 41.4% 58.1% 108.7% DSGX
Higher overall scoreMean of the five percentile scores vs peers 67/100 71/100 — ESTC

Percentile Scorecard

DSGXESTCXTLB

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

AxisDSGXESTCXTLB
Valuation 43 #51 of 89 70 #38 of 124 24 #476 of 625
Growth 64 #30 of 81 81 #22 of 113 –
Profitability 97 #3 of 76 67 #37 of 109 –
Financial Health 85 #15 of 94 52 #61 of 127 2 #642 of 656
Shareholder Returns 46 #28 of 51 86 #10 of 65 –
Overall 67 71 –
  • DSGX ranked among 98 companies in Vertical Software
  • ESTC ranked among 137 companies in Infrastructure Software
  • XTLB ranked among 672 companies in Pharmaceuticals and Biotechnology

Price Performance

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

Returns

PeriodDSGXESTCXTLBSPY
1 month +17.3%+19.9%-19.6% -0.2%
3 months +21.9%+70.0%-39.1% +3.9%
6 months +30.0%+122.4%-21.3% +8.2%
Year to date +5.2%+39.9%-22.0% +12.9%
1 year -3.5%+19.0%-62.3% +12.3%
3 years +32.1%+39.7%-44.8% +87.4%
3 years, per year +9.7%+11.8%-18.0% +23.3%
5 years +12.4%-38.5%-88.1% +67.9%
5 years, per year +2.4%-9.3%-34.7% +10.9%
10 years +345.3%—-89.6% +261.1%
10 years, per year +16.1%—-20.3% +13.7%

Risk

MeasureDSGXESTCXTLBSPY
Volatility, 1Y 41.4%58.1%108.7% 12.7%
Downside volatility, 1Y 38.5%59.1%90.3% 12.7%
Beta vs S&P 500, 1Y 0.331.140.54 1.00
Return / volatility, 1Y -0.080.33-0.57 0.97
Max drawdown, 5Y -48.7%-76.8%-88.9% -25.4%
From 52-week high -4.6%-0.7%-62.3% -1.2%
52-week high $96.58$106.26$4.80 $779.14
52-week low $62.82$43.30$1.78 $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.

MultipleDSGXESTCXTLB
P/E now vs peer median 42.1xmedian 40.1x 29.4xmedian 38.6x -2.3xmedian 17.2x
P/S now vs peer median 10.2xmedian 2.5x 6.2xmedian 4.4x 2,447xmedian 9.0x
EV/EBITDA now vs peer median 23.1xmedian 18.5x 123.3xmedian 34.5x —median 16.3x
P/FCF now vs peer median 26.7xmedian 20.1x 31.8xmedian 29.4x -16.7xmedian 18.7x
P/B now vs peer median 4.8xmedian 1.8x 8.6xmedian 3.3x -67.4xmedian 2.2x
PEG now vs peer median 2.40median 1.73 0.55median 1.28 —median 0.33

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 monthsDSGXESTCXTLB
Revenue $775.17M $1.80B –
Gross profit $601.59M $1.36B –
Operating income $243.60M -$47.61M –
Net income $188.01M $375.64M –
Free cash flow $297.47M $349.04M –
R&D $109.17M $455.30M –
EPS (diluted) $2.15 $3.59 –
Cash & equivalents $401.06M $879.87M $76.00K
Total debt – $571.20M $530.00K
Shares (diluted) 87.58M 104.64M 8.96M
Enterprise value $6.52B $5.62B $13.93M

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
MetricDSGXESTCXTLB
P/E 42.1x 29.4x -2.3x
P/FCF 26.7x 31.8x -16.7x
P/Operating cash flow 25.9x 31.3x –
P/S 10.2x 6.2x 2,447x
P/B 4.8x 8.6x -67.4x
P/Tangible book 6.1x 8.6x -67.4x
EV/EBITDA 23.1x 123.3x –
EV/EBIT 30.9x -214.3x –
EV/Revenue 9.7x 5.7x –
EV/FCF 25.3x 29.2x –
EV/Operating cash flow 24.6x 28.8x –
PEG (3Y EPS CAGR) 2.40 0.55 –

Growth

14 metrics
MetricDSGXESTCXTLB
Revenue growth (1Y) 13.2% 16.2% –
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% –
Operating income CAGR (3Y) 19.8% 37.5% –
Net income growth (1Y) 26.9% 549.9% –
Net income CAGR (3Y) 18.3% 55.3% –
EPS growth (1Y) 26.4% 555.6% –
EPS CAGR (3Y) 17.6% 53.7% –
Operating cash flow growth (1Y) 28.6% 11.3% –
Operating cash flow CAGR (3Y) 14.7% 62.1% –
Free cash flow growth (1Y) 30.3% 11.2% –
Free cash flow CAGR (3Y) 15.7% 63.2% –

Profitability

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

Financial Health

11 metrics
MetricDSGXESTCXTLB
Debt / assets – 19.0% 83.1%
Debt / equity – 0.4x -0.5x
Net debt / EBITDA – -10.8x –
Debt / FCF – 1.6x –
Liabilities / assets 15.9% 56.8% 253.0%
Equity / assets 84.1% 43.2% -153.0%
Interest coverage 168.0x -1.9x –
Current ratio 2.0x 1.8x 0.4x
Quick ratio 1.9x 1.6x 0.4x
Cash ratio 1.5x 1.4x 0.2x
Altman Z-score 16.60 4.44 –

Shareholder Returns

7 metrics
MetricDSGXESTCXTLB
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.

ConsensusDSGXESTCXTLB
Forward P/E 41.9xFY2026 30.1xFY2026 –
EPS, next fiscal year $2.20FY2026 $3.51FY2026 –
EPS growth, next FY +17.6%FY2026 +36.6%FY2026 –
EPS growth, the year after +18.2% +19.4% –
Revenue, next fiscal year $889.11MFY2026 $1.88BFY2026 –
Revenue growth, next FY +22.0%FY2026 +8.2%FY2026 –
Revenue growth, the year after +1.6% +18.3% –

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersDSGXESTCXTLB
Held by institutions – 86.4% –
Institutions holding – 371 –
Change in shares held, QoQ – +1.7% –
Institutions buying – 199 –
Institutions selling – 129 –
Buyers to sellers – 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.

DSGXESTCXTLB
DSGX 1.00 0.48 0.02
ESTC 0.48 1.00 0.00
XTLB 0.02 0.00 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, DSGX, ESTC and XTLB?

Elastic (ESTC) is the largest by market capitalisation: Descartes Systems (DSGX) $7.93B, Elastic (ESTC) $11.09B, Xtl Biopharmaceuticals (XTLB) $17.13M.

Which stock is cheaper, DSGX, ESTC and XTLB?

Elastic (ESTC) trades on the lowest price-to-earnings ratio (Descartes Systems (DSGX) 42.1x, Elastic (ESTC) 29.4x, Xtl Biopharmaceuticals (XTLB) -2.3x). On next year's consensus earnings, Elastic (ESTC) is cheapest (Descartes Systems (DSGX) 41.9x, Elastic (ESTC) 30.1x). 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%.

Which company is more profitable?

Descartes Systems (DSGX) has the highest net margin (Descartes Systems (DSGX) 24.3%, Elastic (ESTC) 20.8%).

Which stock has performed better?

Over the past year Elastic (ESTC) returned the most: Descartes Systems (DSGX) -3.5%, Elastic (ESTC) +19.0%, Xtl Biopharmaceuticals (XTLB) -62.3%. Over five years, Descartes Systems (DSGX) compounded fastest (Descartes Systems (DSGX) +2.4%/yr, Elastic (ESTC) -9.3%/yr, Xtl Biopharmaceuticals (XTLB) -34.7%/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) 58.1%, Xtl Biopharmaceuticals (XTLB) 108.7%). Volatility measures how widely the price swings, not the risk of the business.

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

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.