ServiceNow Financial Statements From 2010 to 2024
| 4S0 Stock | EUR 1,002 13.40 1.36% |
Check ServiceNow financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ServiceNow's main balance sheet or income statement drivers, such as , as well as many indicators such as . ServiceNow financial statements analysis is a perfect complement when working with ServiceNow Valuation or Volatility modules.
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ServiceNow Company Current Valuation Analysis
ServiceNow's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current ServiceNow Current Valuation | 78.45 B |
Most of ServiceNow's fundamental indicators, such as Current Valuation, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, ServiceNow is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
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In accordance with the recently published financial statements, ServiceNow has a Current Valuation of 78.45 B. This is 306.15% higher than that of the Technology sector and significantly higher than that of the Software—Application industry. The current valuation for all Germany stocks is significantly lower than that of the firm.
ServiceNow Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining ServiceNow's current stock value. Our valuation model uses many indicators to compare ServiceNow value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across ServiceNow competition to find correlations between indicators driving ServiceNow's intrinsic value. More Info.ServiceNow is rated second in return on equity category among its peers. It is rated third in return on asset category among its peers reporting about 0.25 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for ServiceNow is roughly 4.05 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the ServiceNow's earnings, one of the primary drivers of an investment's value.About ServiceNow Financial Statements
ServiceNow stakeholders use historical fundamental indicators, such as ServiceNow's revenue or net income, to determine how well the company is positioned to perform in the future. Although ServiceNow investors may analyze each financial statement separately, they are all interrelated. For example, changes in ServiceNow's assets and liabilities are reflected in the revenues and expenses on ServiceNow's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in ServiceNow. Please read more on our technical analysis and fundamental analysis pages.
ServiceNow, Inc. provides enterprise cloud computing solutions that defines, structures, consolidates, manages, and automates services for enterprises worldwide. The company was incorporated in 2004 and is headquartered in Santa Clara, California. SERVICENOW INC operates under SoftwareApplication classification in Germany and is traded on Frankfurt Stock Exchange. It employs 13096 people.
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Additional Information and Resources on Investing in ServiceNow Stock
When determining whether ServiceNow is a strong investment it is important to analyze ServiceNow's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact ServiceNow's future performance. For an informed investment choice regarding ServiceNow Stock, refer to the following important reports:Check out the analysis of ServiceNow Correlation against competitors. For more detail on how to invest in ServiceNow Stock please use our How to Invest in ServiceNow guide.You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.