SERVICENOW INC (4S0.DE) Stock Fundamental Analysis

FRA:4S0 • US81762P1021

89.73 EUR
+4.74 (+5.58%)
Last: Feb 13, 2026, 07:00 PM
Fundamental Rating

5

Taking everything into account, 4S0 scores 5 out of 10 in our fundamental rating. 4S0 was compared to 122 industry peers in the Software industry. While 4S0 has a great profitability rating, 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.
  • 4S0 had a positive operating cash flow in the past year.
  • 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

  • 4S0 has a Return On Assets (6.71%) which is in line with its industry peers.
  • The Return On Equity of 4S0 (13.48%) is better than 61.48% of its industry peers.
  • 4S0 has a Return On Invested Capital of 9.33%. This is in the better half of the industry: 4S0 outperforms 67.21% of its industry peers.
  • Measured over the past 3 years, the Average Return On Invested Capital for 4S0 is significantly below the industry average of 13.45%.
  • The 3 year average ROIC (8.15%) for 4S0 is below the current ROIC(9.33%), indicating increased profibility in the last year.
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

  • Looking at the Profit Margin, with a value of 13.16%, 4S0 is in the better half of the industry, outperforming 61.48% of the companies in the same industry.
  • In the last couple of years the Profit Margin of 4S0 has grown nicely.
  • 4S0 has a better Operating Margin (13.76%) than 66.39% of its industry peers.
  • 4S0's Operating Margin has improved in the last couple of years.
  • 4S0's Gross Margin of 77.56% is fine compared to the rest of the industry. 4S0 outperforms 61.48% of its industry peers.
  • 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

  • The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so 4S0 is destroying value.
  • Compared to 1 year ago, 4S0 has more shares outstanding
  • Compared to 5 years ago, 4S0 has more shares outstanding
  • 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

  • The Debt to FCF ratio of 4S0 is 0.33, which is an excellent value as it means it would take 4S0, only 0.33 years of fcf income to pay off all of its debts.
  • 4S0's Debt to FCF ratio of 0.33 is amongst the best of the industry. 4S0 outperforms 86.89% of its industry peers.
  • A Debt/Equity ratio of 0.12 indicates that 4S0 is not too dependend on debt financing.
  • With a decent Debt to Equity ratio value of 0.12, 4S0 is doing good in the industry, outperforming 69.67% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.12
Debt/FCF 0.33
Altman-Z N/A
ROIC/WACC0.86
WACC10.84%
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

  • 4S0 has a Current 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 has a worse Current ratio (1.00) than 66.39% of its industry peers.
  • 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.
  • Looking at the Quick ratio, with a value of 1.00, 4S0 is doing worse than 66.39% of the companies in the same industry.
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.
  • Measured over the past years, 4S0 shows a very strong growth in Earnings Per Share. The EPS has been growing by 30.37% on average per year.
  • 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

  • 4S0 is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 19.08% yearly.
  • The Revenue is expected to grow by 19.17% on average over the next years. This is quite good.
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

  • Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of 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 30.31 indicates a quite expensive valuation of 4S0.
  • 4S0's Price/Earnings ratio is in line with the industry average.
  • When comparing the Price/Earnings ratio of 4S0 to the average of the S&P500 Index (27.97), we can say 4S0 is valued inline with the index average.
  • Based on the Price/Forward Earnings ratio of 25.39, the valuation of 4S0 can be described as expensive.
  • 4S0's Price/Forward Earnings is on the same level as the industry average.
  • Compared to an average S&P500 Price/Forward Earnings ratio of 27.96, 4S0 is valued at the same level.
Industry RankSector Rank
PE 30.31
Fwd PE 25.39
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

  • The rest of the industry has a similar Enterprise Value to EBITDA ratio as 4S0.
  • Based on the Price/Free Cash Flow ratio, 4S0 is valued a bit cheaper than 62.30% of the companies in the same industry.
Industry RankSector Rank
P/FCF 24.56
EV/EBITDA 40.54
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)1.56
PEG (5Y)1
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 (2/13/2026, 7:00:00 PM)

89.73

+4.74 (+5.58%)

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 Cap93.86B
Revenue(TTM)13.28B
Net Income(TTM)1.75B
Analysts83.46
Price Target173.86 (93.76%)
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 30.31
Fwd PE 25.39
P/S 8.38
P/FCF 24.56
P/OCF 20.45
P/B 8.59
P/tB 13.47
EV/EBITDA 40.54
EPS(TTM)2.96
EY3.3%
EPS(NY)3.53
Fwd EY3.94%
FCF(TTM)3.65
FCFY4.07%
OCF(TTM)4.39
OCFY4.89%
SpS10.7
BVpS10.45
TBVpS6.66
PEG (NY)1.56
PEG (5Y)1
Graham Number26.38
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
WACC10.84%
ROIC/WACC0.86
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 6 / 10 to 4S0.DE.


Can you provide the valuation status for SERVICENOW INC?

ChartMill assigns a valuation rating of 5 / 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 6 / 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.