SERVICENOW INC (4S0.DE) Stock Fundamental Analysis

FRA:4S0 • US81762P1021

89.59 EUR
-1.53 (-1.68%)
Last: Feb 20, 2026, 07:00 PM
Fundamental Rating

5

We assign a fundamental rating of 5 out of 10 to 4S0. 4S0 was compared to 117 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 overvalued while it is showing excellent growth. This is an interesting combination.


Dividend Valuation Growth Profitability Health

7

1. Profitability

1.1 Basic Checks

  • In the past year 4S0 was profitable.
  • In the past year 4S0 had a positive cash flow from operations.
  • In the past 5 years 4S0 has always been profitable.
  • In the past 5 years 4S0 always reported a positive cash flow from operatings.
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

  • Looking at the Return On Assets, with a value of 6.71%, 4S0 is in line with its industry, outperforming 58.97% of the companies in the same industry.
  • The Return On Equity of 4S0 (13.48%) is better than 60.68% of its industry peers.
  • The Return On Invested Capital of 4S0 (9.33%) is better than 67.52% of its industry peers.
  • The Average Return On Invested Capital over the past 3 years for 4S0 is significantly below the industry average of 13.32%.
  • 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 63.25% of its industry peers.
  • In the last couple of years the Profit Margin of 4S0 has grown nicely.
  • 4S0 has a better Operating Margin (13.76%) than 66.67% of its industry peers.
  • In the last couple of years the Operating Margin of 4S0 has grown nicely.
  • Looking at the Gross Margin, with a value of 77.56%, 4S0 is in the better half of the industry, outperforming 63.25% 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

  • With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), 4S0 is destroying value.
  • 4S0 has more shares outstanding than it did 1 year ago.
  • 4S0 has more shares outstanding than it did 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 87.18% 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 has a better Debt to Equity ratio (0.12) than 69.23% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.12
Debt/FCF 0.33
Altman-Z N/A
ROIC/WACC0.85
WACC10.98%
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.
  • 4S0's Current ratio of 1.00 is on the low side compared to the rest of the industry. 4S0 is outperformed by 66.67% of its industry peers.
  • A Quick Ratio of 1.00 indicates that 4S0 should not have too much problems paying its short term obligations.
  • 4S0 has a worse Quick ratio (1.00) than 66.67% 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

  • 4S0 shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 25.99%, which is quite impressive.
  • 4S0 shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 30.37% yearly.
  • The Revenue has grown by 20.88% in the past year. This is a very strong growth!
  • Measured over the past years, 4S0 shows a very strong growth in Revenue. The Revenue has been growing by 24.05% on average per year.
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.
  • The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in 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

  • Based on the Price/Earnings ratio of 29.96, the valuation of 4S0 can be described as expensive.
  • 4S0's Price/Earnings ratio is in line with the industry average.
  • The average S&P500 Price/Earnings ratio is at 26.99. 4S0 is around the same levels.
  • 4S0 is valuated quite expensively with a Price/Forward Earnings ratio of 25.12.
  • 4S0's Price/Forward Earnings is on the same level as the industry average.
  • When comparing the Price/Forward Earnings ratio of 4S0 to the average of the S&P500 Index (28.06), we can say 4S0 is valued inline with the index average.
Industry RankSector Rank
PE 29.96
Fwd PE 25.12
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

  • 4S0's Enterprise Value to EBITDA is on the same level as the industry average.
  • Based on the Price/Free Cash Flow ratio, 4S0 is valued a bit cheaper than 62.39% of the companies in the same industry.
Industry RankSector Rank
P/FCF 24.3
EV/EBITDA 40.81
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.
  • A more expensive valuation may be justified as 4S0's earnings are expected to grow with 20.67% in the coming years.
PEG (NY)1.54
PEG (5Y)0.99
EPS Next 2Y25.87%
EPS Next 3Y20.67%

0

5. Dividend

5.1 Amount

  • No dividends for 4S0!.
Industry RankSector Rank
Dividend Yield 0%

SERVICENOW INC

FRA:4S0 (2/20/2026, 7:00:00 PM)

89.59

-1.53 (-1.68%)

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 Cap93.71B
Revenue(TTM)13.28B
Net Income(TTM)1.75B
Analysts83.46
Price Target173.86 (94.06%)
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)-12.36%
PT rev (3m)-82.56%
EPS NQ rev (1m)1.82%
EPS NQ rev (3m)-79.59%
EPS NY rev (1m)1.63%
EPS NY rev (3m)-79.53%
Revenue NQ rev (1m)2.03%
Revenue NQ rev (3m)2.05%
Revenue NY rev (1m)1.65%
Revenue NY rev (3m)1.8%
Valuation
Industry RankSector Rank
PE 29.96
Fwd PE 25.12
P/S 8.29
P/FCF 24.3
P/OCF 20.23
P/B 8.5
P/tB 13.33
EV/EBITDA 40.81
EPS(TTM)2.99
EY3.34%
EPS(NY)3.57
Fwd EY3.98%
FCF(TTM)3.69
FCFY4.12%
OCF(TTM)4.43
OCFY4.94%
SpS10.8
BVpS10.55
TBVpS6.72
PEG (NY)1.54
PEG (5Y)0.99
Graham Number26.64
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
WACC10.98%
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.