Servicenow Stock Fundamentals

N1OW34 Stock  BRL 123.69  3.30  2.60%   
ServiceNow fundamentals help investors to digest information that contributes to ServiceNow's financial success or failures. It also enables traders to predict the movement of ServiceNow Stock. The fundamental analysis module provides a way to measure ServiceNow's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to ServiceNow stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

ServiceNow Company Return On Equity Analysis

ServiceNow's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.

Return On Equity

 = 

Net Income

Total Equity

More About Return On Equity | All Equity Analysis

Current ServiceNow Return On Equity

    
  0.0745  
Most of ServiceNow's fundamental indicators, such as Return On Equity, 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.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Competition

Based on the latest financial disclosure, ServiceNow has a Return On Equity of 0.0745. This is 100.62% lower than that of the Technology sector and significantly higher than that of the Software—Application industry. The return on equity for all Brazil stocks is 124.03% 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 considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock 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 . Comparative valuation analysis is a catch-all model that can be used if you cannot value ServiceNow by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for ServiceNow's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.

ServiceNow Return On Equity Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses ServiceNow's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of ServiceNow could also be used in its relative valuation, which is a method of valuing ServiceNow by comparing valuation metrics of similar companies.
ServiceNow is currently under evaluation in return on equity category among its peers.

ServiceNow Fundamentals

About ServiceNow Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze ServiceNow's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ServiceNow using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ServiceNow based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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 DRN operates under SoftwareApplication classification in Brazil and is traded on Sao Paolo Stock Exchange. It employs 13096 people.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in ServiceNow. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For information on how to trade ServiceNow Stock refer to our How to Trade ServiceNow Stock guide.
You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Please note, there is a significant difference between ServiceNow's value and its price as these two are different measures arrived at by different means. Investors typically determine if ServiceNow is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ServiceNow's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.