ServiceNow Inc banner

ServiceNow Inc
NYSE:NOW

Watchlist Manager
ServiceNow Inc Logo
ServiceNow Inc
NYSE:NOW
Watchlist
Price: 121.93 USD -1.94% Market Closed
Market Cap: $127.5B

Relative Value

The Relative Value of one NOW stock under the Base Case scenario is 132.34 USD. Compared to the current market price of 121.93 USD, ServiceNow Inc is Undervalued by 8%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

NOW Relative Value
Base Case
132.34 USD
Undervaluation 8%
Relative Value
Price
Worst Case
Base Case
Best Case

Multiples Across Competitors

NOW Competitors Multiples
ServiceNow Inc Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
US
ServiceNow Inc
NYSE:NOW
127.7B USD 9.6 73.1 47.8 67.1
US
Microsoft Corp
NASDAQ:MSFT
3T USD 10 25.5 16.9 21.3
US
Oracle Corp
NYSE:ORCL
435.4B USD 7.1 28.2 19.6 26.8
US
Palo Alto Networks Inc
NASDAQ:PANW
116.1B USD 11.7 90.5 62.9 78.4
US
CrowdStrike Holdings Inc
NASDAQ:CRWD
107.6B USD 22.4 -662.2 3 131 -415
US
VMware Inc
XETRA:BZF1
58B EUR 5 47.9 22.1 37.2
US
Fortinet Inc
NASDAQ:FTNT
62.3B USD 9.2 33.6 26.6 28.6
US
Xperi Holding Corp
LSE:0M2A
54.6B USD 123.2 491.7 205 262.5
CN
Knowledge Atlas Technology JSC Ltd
HKEX:2513
256.4B HKD 0 0 0 0
US
Zscaler Inc
NASDAQ:ZS
26.1B USD 8.7 -385 1 254.3 -179.7
IL
Cyberark Software Ltd
NASDAQ:CYBR
20.6B USD 15.2 -140.5 -6 577.8 -145.6
P/E Multiple
Earnings Growth PEG
US
ServiceNow Inc
NYSE:NOW
Average P/E: 112.9
73.1
54%
1.4
US
Microsoft Corp
NASDAQ:MSFT
25.5
18%
1.4
US
Oracle Corp
NYSE:ORCL
28.2
36%
0.8
US
Palo Alto Networks Inc
NASDAQ:PANW
90.5
43%
2.1
US
CrowdStrike Holdings Inc
NASDAQ:CRWD
Negative Multiple: -662.2 N/A N/A
US
V
VMware Inc
XETRA:BZF1
47.9
39%
1.2
US
Fortinet Inc
NASDAQ:FTNT
33.6
15%
2.2
US
Xperi Holding Corp
LSE:0M2A
491.7
N/A N/A
CN
K
Knowledge Atlas Technology JSC Ltd
HKEX:2513
Not Available N/A N/A
US
Zscaler Inc
NASDAQ:ZS
Negative Multiple: -385 N/A N/A
IL
Cyberark Software Ltd
NASDAQ:CYBR
Negative Multiple: -140.5 N/A N/A
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
US
ServiceNow Inc
NYSE:NOW
Average EV/EBITDA: 531.8
47.8
47%
1
US
Microsoft Corp
NASDAQ:MSFT
16.9
19%
0.9
US
Oracle Corp
NYSE:ORCL
19.6
44%
0.4
US
Palo Alto Networks Inc
NASDAQ:PANW
62.9
49%
1.3
US
CrowdStrike Holdings Inc
NASDAQ:CRWD
3 131
N/A N/A
US
V
VMware Inc
XETRA:BZF1
22.1
19%
1.2
US
Fortinet Inc
NASDAQ:FTNT
26.6
17%
1.6
US
Xperi Holding Corp
LSE:0M2A
205
N/A N/A
CN
K
Knowledge Atlas Technology JSC Ltd
HKEX:2513
Not Available N/A N/A
US
Zscaler Inc
NASDAQ:ZS
1 254.3
N/A N/A
IL
Cyberark Software Ltd
NASDAQ:CYBR
Negative Multiple: -6 577.8 N/A N/A
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
US
ServiceNow Inc
NYSE:NOW
Average EV/EBIT: 74.6
67.1
61%
1.1
US
Microsoft Corp
NASDAQ:MSFT
21.3
17%
1.3
US
Oracle Corp
NYSE:ORCL
26.8
38%
0.7
US
Palo Alto Networks Inc
NASDAQ:PANW
78.4
57%
1.4
US
CrowdStrike Holdings Inc
NASDAQ:CRWD
Negative Multiple: -415 N/A N/A
US
V
VMware Inc
XETRA:BZF1
37.2
30%
1.2
US
Fortinet Inc
NASDAQ:FTNT
28.6
16%
1.8
US
Xperi Holding Corp
LSE:0M2A
262.5
N/A N/A
CN
K
Knowledge Atlas Technology JSC Ltd
HKEX:2513
Not Available N/A N/A
US
Zscaler Inc
NASDAQ:ZS
Negative Multiple: -179.7 N/A N/A
IL
Cyberark Software Ltd
NASDAQ:CYBR
Negative Multiple: -145.6 N/A N/A
Get AI-powered insights for any company or topic.
Open AI Assistant

Intrinsic Value is all-important and is the only logical way to evaluate the relative attractiveness of investments and businesses.

Warren Buffett