Beyond Meat Inc vs Elastic NV — how do they compare? Beyond Meat Inc trades at $0.42 (market cap $215.41M), while Elastic NV trades at $75.26 (market cap $7.94B). The key difference: Elastic NV is far larger — about 36.9× Beyond Meat Inc's market cap, and Elastic NV is trading nearer its 52-week high, Beyond Meat Inc nearer its low. Which is the better fit depends on your goals.
| BYND | ESTC | |
|---|---|---|
Market Cap | $215.41M | $7.94B |
Sector | Consumer Staples | Technology |
52-Week High | $3.62 | $94.47 |
52-Week Low | $0.42 | $43.30 |
Enterprise Value | $455.69M | $7.16B |
Trailing returns across standard periods
Beyond Meat is a provider of plant-based meats, such as burgers, sausage, ground beef, and chicken. Unlike other vegetarian products, Beyond Meat seeks to replicate the look, cook, and taste of meat, is targeted to omnivores and vegetarians alike, and is sold in the meat case. The products are widely available across the U.S. and Canada and in 83 additional countries as well. International revenue represented 31% of 2021 sales. The firm's products are available in retail stores and the food-service channel. In 2019, before the pandemic struck, sales were evenly split between these two channels, although mix stood at 70% retail/30% food service in 2021. We think the recovery from the crisis and new deals with McDonald's and Yum Brands will return food-service sales to nearly 50% in time.
Read more on BYND →Elastic NV provides a leading search AI platform built on Elasticsearch. Its software helps organizations find, observe, and protect data through search-powered analytics for various cloud-based applications.
Read more on ESTC →