SERVICENOW INC (4S0.DE) Stock Fundamental Analysis

FRA:4S0 • US81762P1021

86.69 EUR
-2.9 (-3.24%)
Last: Feb 23, 2026, 03:12 PM
Fundamental Rating

5

Taking everything into account, 4S0 scores 5 out of 10 in our fundamental rating. 4S0 was compared to 112 industry peers in the Software industry. 4S0 has an excellent profitability rating, but there are some minor concerns on its financial health. 4S0 is not priced too expensively while it is growing strongly. Keep and eye on this one!


Dividend Valuation Growth Profitability Health

7

1. Profitability

1.1 Basic Checks

  • 4S0 had positive earnings in the past year.
  • In the past year 4S0 had a positive cash flow from operations.
  • Each year in the past 5 years 4S0 has been profitable.
  • Each year in the past 5 years 4S0 had a positive operating cash flow.
4S0.DE Yearly Net Income VS EBIT VS OCF VS FCF4S0.DE Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 1B 2B 3B 4B 5B

1.2 Ratios

  • 4S0 has a Return On Assets (6.71%) which is comparable to the rest of the industry.
  • 4S0's Return On Equity of 13.48% is fine compared to the rest of the industry. 4S0 outperforms 61.61% of its industry peers.
  • 4S0's Return On Invested Capital of 9.33% is fine compared to the rest of the industry. 4S0 outperforms 67.86% of its industry peers.
  • The Average Return On Invested Capital over the past 3 years for 4S0 is below the industry average of 12.70%.
  • The last Return On Invested Capital (9.33%) for 4S0 is above the 3 year average (8.15%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA 6.71%
ROE 13.48%
ROIC 9.33%
ROA(3y)7.89%
ROA(5y)5.65%
ROE(3y)17%
ROE(5y)12.74%
ROIC(3y)8.15%
ROIC(5y)6.36%
4S0.DE Yearly ROA, ROE, ROIC4S0.DE Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 20 -20 -40 -60 -80 -100

1.3 Margins

  • The Profit Margin of 4S0 (13.16%) is better than 63.39% of its industry peers.
  • 4S0's Profit Margin has improved in the last couple of years.
  • 4S0 has a Operating Margin of 13.76%. This is in the better half of the industry: 4S0 outperforms 67.86% of its industry peers.
  • 4S0's Operating Margin has improved in the last couple of years.
  • With a decent Gross Margin value of 77.56%, 4S0 is doing good in the industry, outperforming 60.71% of the companies in the same industry.
  • In the last couple of years the Gross Margin of 4S0 has remained more or less at the same level.
Industry RankSector Rank
OM 13.76%
PM (TTM) 13.16%
GM 77.56%
OM growth 3Y41.21%
OM growth 5Y25.68%
PM growth 3Y43.17%
PM growth 5Y38.09%
GM growth 3Y-0.3%
GM growth 5Y-0.14%
4S0.DE Yearly Profit, Operating, Gross Margins4S0.DE Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 20 -20 40 60

4

2. Health

2.1 Basic Checks

  • 4S0 has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
  • 4S0 has more shares outstanding than it did 1 year ago.
  • The number of shares outstanding for 4S0 has been increased compared to 5 years ago.
  • The debt/assets ratio for 4S0 has been reduced compared to a year ago.
4S0.DE Yearly Shares Outstanding4S0.DE Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 200M 400M 600M 800M 1B
4S0.DE Yearly Total Debt VS Total Assets4S0.DE Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5B 10B 15B 20B 25B

2.2 Solvency

  • 4S0 has a debt to FCF ratio of 0.33. This is a very positive value and a sign of high solvency as it would only need 0.33 years to pay back of all of its debts.
  • With an excellent Debt to FCF ratio value of 0.33, 4S0 belongs to the best of the industry, outperforming 85.71% of the companies in the same industry.
  • A Debt/Equity ratio of 0.12 indicates that 4S0 is not too dependend on debt financing.
  • 4S0's Debt to Equity ratio of 0.12 is fine compared to the rest of the industry. 4S0 outperforms 67.86% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.12
Debt/FCF 0.33
Altman-Z N/A
ROIC/WACC0.85
WACC11%
4S0.DE Yearly LT Debt VS Equity VS FCF4S0.DE Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2B 4B 6B 8B 10B

2.3 Liquidity

  • A Current Ratio of 1.00 indicates that 4S0 should not have too much problems paying its short term obligations.
  • Looking at the Current ratio, with a value of 1.00, 4S0 is doing worse than 66.07% of the companies in the same industry.
  • 4S0 has a Quick Ratio of 1.00. This is a normal value and indicates that 4S0 is financially healthy and should not expect problems in meeting its short term obligations.
  • 4S0's Quick ratio of 1.00 is on the low side compared to the rest of the industry. 4S0 is outperformed by 66.07% of its industry peers.
Industry RankSector Rank
Current Ratio 1
Quick Ratio 1
4S0.DE Yearly Current Assets VS Current Liabilites4S0.DE Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2B 4B 6B 8B 10B

8

3. Growth

3.1 Past

  • The Earnings Per Share has grown by an impressive 25.99% over the past year.
  • The Earnings Per Share has been growing by 30.37% on average over the past years. This is a very strong growth
  • 4S0 shows a strong growth in Revenue. In the last year, the Revenue has grown by 20.88%.
  • The Revenue has been growing by 24.05% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)25.99%
EPS 3Y32.23%
EPS 5Y30.37%
EPS Q2Q%25.34%
Revenue 1Y (TTM)20.88%
Revenue growth 3Y22.38%
Revenue growth 5Y24.05%
Sales Q2Q%20.66%

3.2 Future

  • The Earnings Per Share is expected to grow by 19.08% on average over the next years. This is quite good.
  • 4S0 is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 19.17% yearly.
EPS Next Y19.44%
EPS Next 2Y25.87%
EPS Next 3Y20.67%
EPS Next 5Y19.08%
Revenue Next Year20.41%
Revenue Next 2Y19.44%
Revenue Next 3Y19.21%
Revenue Next 5Y19.17%

3.3 Evolution

  • The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
  • Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
4S0.DE Yearly Revenue VS Estimates4S0.DE Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 10B 20B 30B 40B
4S0.DE Yearly EPS VS Estimates4S0.DE Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 2 4 6 8 10

4

4. Valuation

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 29.09 indicates a quite expensive valuation of 4S0.
  • 4S0's Price/Earnings is on the same level as the industry average.
  • 4S0 is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 26.99, which is the current average of the S&P500 Index.
  • Based on the Price/Forward Earnings ratio of 24.33, the valuation of 4S0 can be described as rather expensive.
  • The rest of the industry has a similar Price/Forward Earnings ratio as 4S0.
  • 4S0 is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 28.02, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 29.09
Fwd PE 24.33
4S0.DE Price Earnings VS Forward Price Earnings4S0.DE Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30 40

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, 4S0 is valued a bit more expensive than the industry average as 60.71% of the companies are valued more cheaply.
  • Compared to the rest of the industry, the Price/Free Cash Flow ratio of 4S0 indicates a somewhat cheap valuation: 4S0 is cheaper than 61.61% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF 23.54
EV/EBITDA 40.12
4S0.DE Per share data4S0.DE EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 2 4 6 8 10

4.3 Compensation for Growth

  • 4S0's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
  • 4S0 has a very decent profitability rating, which may justify a higher PE ratio.
  • 4S0's earnings are expected to grow with 20.67% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.5
PEG (5Y)0.96
EPS Next 2Y25.87%
EPS Next 3Y20.67%

0

5. Dividend

5.1 Amount

  • 4S0 does not give a dividend.
Industry RankSector Rank
Dividend Yield 0%

SERVICENOW INC

FRA:4S0 (2/23/2026, 3:12:54 PM)

86.69

-2.9 (-3.24%)

Chartmill FA Rating
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)01-28
Earnings (Next)04-21
Inst Owners90.36%
Inst Owner ChangeN/A
Ins Owners0.11%
Ins Owner ChangeN/A
Market Cap90.68B
Revenue(TTM)13.28B
Net Income(TTM)1.75B
Analysts83.46
Price Target173.86 (100.55%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 0%
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)7.51%
Min EPS beat(2)3.17%
Max EPS beat(2)11.85%
EPS beat(4)4
Avg EPS beat(4)8.19%
Min EPS beat(4)3.17%
Max EPS beat(4)13.44%
EPS beat(8)7
Avg EPS beat(8)6.88%
EPS beat(12)11
Avg EPS beat(12)8.95%
EPS beat(16)15
Avg EPS beat(16)8.07%
Revenue beat(2)2
Avg Revenue beat(2)0.39%
Min Revenue beat(2)0.17%
Max Revenue beat(2)0.62%
Revenue beat(4)3
Avg Revenue beat(4)0.48%
Min Revenue beat(4)-0.87%
Max Revenue beat(4)2%
Revenue beat(8)4
Avg Revenue beat(8)0.16%
Revenue beat(12)6
Avg Revenue beat(12)0.11%
Revenue beat(16)7
Avg Revenue beat(16)-0.13%
PT rev (1m)-9.48%
PT rev (3m)-83.18%
EPS NQ rev (1m)1.34%
EPS NQ rev (3m)-79.59%
EPS NY rev (1m)1.63%
EPS NY rev (3m)-79.53%
Revenue NQ rev (1m)2%
Revenue NQ rev (3m)2.05%
Revenue NY rev (1m)1.51%
Revenue NY rev (3m)1.8%
Valuation
Industry RankSector Rank
PE 29.09
Fwd PE 24.33
P/S 8.04
P/FCF 23.54
P/OCF 19.6
P/B 8.23
P/tB 12.91
EV/EBITDA 40.12
EPS(TTM)2.98
EY3.44%
EPS(NY)3.56
Fwd EY4.11%
FCF(TTM)3.68
FCFY4.25%
OCF(TTM)4.42
OCFY5.1%
SpS10.79
BVpS10.53
TBVpS6.71
PEG (NY)1.5
PEG (5Y)0.96
Graham Number26.57
Profitability
Industry RankSector Rank
ROA 6.71%
ROE 13.48%
ROCE 11.72%
ROIC 9.33%
ROICexc 15.63%
ROICexgc 31.55%
OM 13.76%
PM (TTM) 13.16%
GM 77.56%
FCFM 34.14%
ROA(3y)7.89%
ROA(5y)5.65%
ROE(3y)17%
ROE(5y)12.74%
ROIC(3y)8.15%
ROIC(5y)6.36%
ROICexc(3y)14.94%
ROICexc(5y)12.45%
ROICexgc(3y)23.6%
ROICexgc(5y)19.82%
ROCE(3y)10.23%
ROCE(5y)7.99%
ROICexgc growth 3Y29.88%
ROICexgc growth 5Y24.4%
ROICexc growth 3Y18.65%
ROICexc growth 5Y13.29%
OM growth 3Y41.21%
OM growth 5Y25.68%
PM growth 3Y43.17%
PM growth 5Y38.09%
GM growth 3Y-0.3%
GM growth 5Y-0.14%
F-Score5
Asset Turnover0.51
Health
Industry RankSector Rank
Debt/Equity 0.12
Debt/FCF 0.33
Debt/EBITDA 0.58
Cap/Depr 123.44%
Cap/Sales 6.86%
Interest Coverage 250
Cash Conversion 212.24%
Profit Quality 259.33%
Current Ratio 1
Quick Ratio 1
Altman-Z N/A
F-Score5
WACC11%
ROIC/WACC0.85
Cap/Depr(3y)135.03%
Cap/Depr(5y)123.33%
Cap/Sales(3y)7.57%
Cap/Sales(5y)7.42%
Profit Quality(3y)217.46%
Profit Quality(5y)420.03%
High Growth Momentum
Growth
EPS 1Y (TTM)25.99%
EPS 3Y32.23%
EPS 5Y30.37%
EPS Q2Q%25.34%
EPS Next Y19.44%
EPS Next 2Y25.87%
EPS Next 3Y20.67%
EPS Next 5Y19.08%
Revenue 1Y (TTM)20.88%
Revenue growth 3Y22.38%
Revenue growth 5Y24.05%
Sales Q2Q%20.66%
Revenue Next Year20.41%
Revenue Next 2Y19.44%
Revenue Next 3Y19.21%
Revenue Next 5Y19.17%
EBIT growth 1Y33.94%
EBIT growth 3Y72.81%
EBIT growth 5Y55.91%
EBIT Next Year39.14%
EBIT Next 3Y22.86%
EBIT Next 5Y22.49%
FCF growth 1Y34.31%
FCF growth 3Y27.77%
FCF growth 5Y27.34%
OCF growth 1Y27.58%
OCF growth 3Y25.98%
OCF growth 5Y24.96%

SERVICENOW INC / 4S0.DE FAQ

What is the ChartMill fundamental rating of SERVICENOW INC (4S0.DE) stock?

ChartMill assigns a fundamental rating of 5 / 10 to 4S0.DE.


Can you provide the valuation status for SERVICENOW INC?

ChartMill assigns a valuation rating of 4 / 10 to SERVICENOW INC (4S0.DE). This can be considered as Fairly Valued.


Can you provide the profitability details for SERVICENOW INC?

SERVICENOW INC (4S0.DE) has a profitability rating of 7 / 10.


What is the expected EPS growth for SERVICENOW INC (4S0.DE) stock?

The Earnings per Share (EPS) of SERVICENOW INC (4S0.DE) is expected to grow by 19.44% in the next year.