ServiceNow, Inc. (NOW) Valuation — DCF, Graham & Comparables

ServiceNow, Inc. (NOW) — Price $105.12 (closing price, October 30, 2026) — Technology — Software - Application — NYSE

Latest reported results:

Valuation dashboard for ServiceNow, Inc. (NOW) with P/E 75.63, P/B 8.31, EV/EBITDA 33.51 and dividend yield 0.00%. DCF, Graham Number, EPS growth, peer multiples and dividend discount models plus sector comparison against other Technology companies.

ServiceNow, Inc. specializes in delivering cloud-based solutions designed to streamline and automate critical business services for organizations across the globe. Its flagship "Now Platform" serves as the foundation, leveraging technologies such as workflow automation, artificial intelligence (AI), machine learning (ML), and robotic process automation (RPA).

Analysis Summary

ServiceNow, Inc. reported revenue of $13.28B in the most recent fiscal year, growing at a 5-year CAGR of 24.1%. Net income reached $1.75B, with a 71.2% 5-year CAGR.

Trailing-twelve-month margins: gross margin 73.1%, operating margin 9.7%, net margin 9.4%.

At $105.12 (closing price, October 30, 2026), NOW trades at a P/E of 75.63 and an ROE of 11.49%. Market capitalisation stands at $109.1B, placing it among large-cap names.

Balance sheet quality for NOW: current ratio of 1.0. A debt-to-equity below 1.0 typically signals conservative capital structure, while a current ratio above 1.5 indicates comfortable short-term liquidity.

Valuation Ratios

P/E Ratio75.63
Price / Book8.31
EV / EBITDA33.51
Dividend Yield0.00%

Valuation Models

DCF Fair Value$104.47
vs Current Price-0.6%

Peer Comparison

SymbolCompanyMarket CapP/EP/BROE
NOWServiceNow, Inc.$109.1B75.638.3111.5%
WDAYWorkday, Inc.$47.7B40.137.5516.8%
TEAMAtlassian Corporation$48.5B48.75-4.4%
PEGAPegasystems Inc.$5.6B21.079.5345.3%
PATHUiPath Inc.$7.2B20.493.6718.4%

Price

Price$105.12 (closing price, October 30, 2026)
Market Cap$109.1B
ExchangeNYSE
CountryUS

Profitability

Return on Equity11.49%
Return on Invested Capital4.80%
Return on Assets4.54%
Gross Margin73.08%
Operating Margin9.68%
Net Margin9.36%

Related companies: WDAY · TEAM · PEGA · PATH

Explore sector: Technology · Software - Application

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