ServiceNow Inc
NYSE:NOW

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ServiceNow Inc
NYSE:NOW
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Price: 1 091.25 USD 1.52% Market Closed
Market Cap: 224.8B USD
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Relative Value

The Relative Value of one NOW stock under the Base Case scenario is 417.97 USD. Compared to the current market price of 1 091.25 USD, ServiceNow Inc is Overvalued by 62%.

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
417.97 USD
Overvaluation 62%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

21.5
P/S
P/S
Price to Sales
21.5
vs History
22
vs Industry
6
Median 3Y
15.3
Median 5Y
17.4
Industry
2.4
Forward
20.3
More Details
168.5
P/E
P/E
Price to Earnings
168.5
vs History
50
vs Industry
8
Median 3Y
229.7
Median 5Y
229.7
Industry
23.2
Forward
77.7
More Details
53.1
P/OCF
P/OCF
Price to OCF
53.1
vs History
28
vs Industry
14
Median 3Y
41.3
Median 5Y
45.9
Industry
17.4
More Details
67.7
P/FCFE
P/FCFE
Price to FCFE
67.7
vs History
41
vs Industry
13
Median 3Y
53.5
Median 5Y
59.4
Industry
21.3
More Details
24.2
P/B
P/B
Price to Book Value
24.2
vs History
49
vs Industry
4
Median 3Y
19.5
Median 5Y
23.9
Industry
2.9
More Details
21.2
EV/S
EV/S
Enterprise Value to Sales
21.2
vs History
22
vs Industry
6
Median 3Y
14.9
Median 5Y
17.1
Industry
2.4
Forward
20
More Details
26.7
EV/GP
EV/GP
Enterprise Value to Gross Profit
26.7
vs History
23
vs Industry
9
Median 3Y
19.2
Median 5Y
21.9
Industry
4.9
More Details
121.3
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
121.3
vs History
60
vs Industry
4
Median 3Y
117.1
Median 5Y
131.3
Industry
12.9
Forward
59.1
More Details
175.7
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
175.7
vs History
84
vs Industry
3
Median 3Y
221.8
Median 5Y
399.1
Industry
16.5
Forward
69.1
More Details
52.2
EV/OCF
EV/OCF
Enterprise Value to OCF
52.2
vs History
28
vs Industry
14
Median 3Y
40.3
Median 5Y
45
Industry
16.3
More Details
66.1
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
66.1
vs History
31
vs Industry
12
Median 3Y
50.2
Median 5Y
57.3
Industry
19
More Details
17.1
EV/IC
EV/IC
Enterprise Value to IC
17.1
vs History
31
vs Industry
7
Median 3Y
12.6
Median 5Y
13.8
Industry
2.5
More Details

Multiples Across Competitors

NOW Competitors Multiples
ServiceNow Inc Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
US
ServiceNow Inc
NYSE:NOW
225.1B USD 21.5 168.5 121.3 175.7
US
Microsoft Corp
NASDAQ:MSFT
3.2T USD 12.8 35.9 23.3 28.6
US
Oracle Corp
NYSE:ORCL
474.4B USD 8.6 40.8 23.3 31.4
US
CrowdStrike Holdings Inc
NASDAQ:CRWD
89.2B USD 23.9 704.2 433.3 -83 221.9
US
Fortinet Inc
NASDAQ:FTNT
74.2B USD 13 48.5 41.4 44.4
US
Palo Alto Networks Inc
NASDAQ:PANW
61.2B USD 7.4 22.4 44.3 57.7
US
VMware Inc
XETRA:BZF1
58B EUR 4.4 42.4 19.6 33.1
US
Xperi Holding Corp
LSE:0M2A
54.6B USD 158.9 1 322.6 292.5 517.1
US
Zscaler Inc
NASDAQ:ZS
28.7B USD 12.5 -792.5 -1 648.6 -256.3
IL
Check Point Software Technologies Ltd
NASDAQ:CHKP
20.7B USD 8.2 24.7 20.2 22
US
Gen Digital Inc
NASDAQ:GEN
17.1B USD 4.4 27.7 11.6 14.9
P/E Multiple
Earnings Growth P/E to Growth
US
ServiceNow Inc
NYSE:NOW
Average P/E: 243.8
168.5
145%
1.2
US
Microsoft Corp
NASDAQ:MSFT
35.9
53%
0.7
US
Oracle Corp
NYSE:ORCL
40.8
120%
0.3
US
CrowdStrike Holdings Inc
NASDAQ:CRWD
704.2
1 458%
0.5
US
Fortinet Inc
NASDAQ:FTNT
48.5
88%
0.5
US
Palo Alto Networks Inc
NASDAQ:PANW
22.4
9%
2.6
US
V
VMware Inc
XETRA:BZF1
42.4
169%
0.3
US
Xperi Holding Corp
LSE:0M2A
1 322.6
N/A N/A
US
Zscaler Inc
NASDAQ:ZS
Negative Multiple: -792.5 N/A N/A
IL
Check Point Software Technologies Ltd
NASDAQ:CHKP
24.7
45%
0.5
US
Gen Digital Inc
NASDAQ:GEN
27.7
170%
0.2
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
US
ServiceNow Inc
NYSE:NOW
Average EV/EBITDA: 103.1
121.3
343%
0.4
US
Microsoft Corp
NASDAQ:MSFT
23.3
56%
0.4
US
Oracle Corp
NYSE:ORCL
23.3
86%
0.3
US
CrowdStrike Holdings Inc
NASDAQ:CRWD
433.3
922%
0.5
US
Fortinet Inc
NASDAQ:FTNT
41.4
95%
0.4
US
Palo Alto Networks Inc
NASDAQ:PANW
44.3
225%
0.2
US
V
VMware Inc
XETRA:BZF1
19.6
70%
0.3
US
Xperi Holding Corp
LSE:0M2A
292.5
N/A N/A
US
Zscaler Inc
NASDAQ:ZS
Negative Multiple: -1 648.6 N/A N/A
IL
Check Point Software Technologies Ltd
NASDAQ:CHKP
20.2
33%
0.6
US
Gen Digital Inc
NASDAQ:GEN
11.6
58%
0.2
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
US
ServiceNow Inc
NYSE:NOW
Average EV/EBIT: 102.8
175.7
562%
0.3
US
Microsoft Corp
NASDAQ:MSFT
28.6
52%
0.5
US
Oracle Corp
NYSE:ORCL
31.4
110%
0.3
US
CrowdStrike Holdings Inc
NASDAQ:CRWD
Negative Multiple: -83 221.9
13 392%
N/A
US
Fortinet Inc
NASDAQ:FTNT
44.4
98%
0.5
US
Palo Alto Networks Inc
NASDAQ:PANW
57.7
312%
0.2
US
V
VMware Inc
XETRA:BZF1
33.1
119%
0.3
US
Xperi Holding Corp
LSE:0M2A
517.1
N/A N/A
US
Zscaler Inc
NASDAQ:ZS
Negative Multiple: -256.3 N/A N/A
IL
Check Point Software Technologies Ltd
NASDAQ:CHKP
22
37%
0.6
US
Gen Digital Inc
NASDAQ:GEN
14.9
118%
0.1

See Also

Summary
NOW intrinsic value, competitors valuation, and company profile.
DCF Valuation
NOW stock valuation using Discount Cash Flow valuation method.
Relative Valuation
NOW stock valuation using valuation multiples.
Wall Street Estimates
NOW price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
NOW stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
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