NOW - Assessing ServiceNow's Performance Against Competitors In Software Industry | Benzinga
Amidst the fast-paced and highly competitive business environment of today, conducting comprehensive company analysis is essential for investors and industry enthusiasts. In this article, we will delve into an extensive industry comparison, evaluating ServiceNow (NYSE:NOW) in comparison to its major competitors within the Software industry. By analyzing critical financial metrics, market position, and growth potential, our objective is to provide valuable insights for investors and offer a deeper understanding of company's performance in the industry.
ServiceNow Background
ServiceNow Inc provides software solutions to structure and automate various business processes via a SaaS delivery model. The company primarily focuses on the IT function for enterprise customers. ServiceNow began with IT service management, expanded within the IT function, and more recently directed its workflow automation logic to functional areas beyond IT, notably customer service, HR service delivery, and security operations. ServiceNow also offers an application development platform as a service.
| Company | P/E | P/B | P/S | ROE | EBITDA (in billions) | Gross Profit (in billions) | Revenue Growth |
|---|---|---|---|---|---|---|---|
| ServiceNow Inc | |||||||
| 90.24 | |||||||
| 20.42 | |||||||
| 17.41 | |||||||
| 3.98% | |||||||
| $0.51 | |||||||
| $1.92 | |||||||
| 25.62% | |||||||
| Microsoft Corp | |||||||
| 36.86 | |||||||
| 12.71 | |||||||
| 13.37 | |||||||
| 9.53% | |||||||
| $33.39 | |||||||
| $42.4 | |||||||
| 17.58% | |||||||
| Oracle Corp | |||||||
| 30.85 | |||||||
| 79.41 | |||||||
| 6.06 | |||||||
| 80.28% | |||||||
| $5.16 | |||||||
| $9.2 | |||||||
| 5.43% | |||||||
| Palo Alto Networks Inc | |||||||
| 48.94 | |||||||
| 23.44 | |||||||
| 14.77 | |||||||
| 53.52% | |||||||
| $0.21 | |||||||
| $1.48 | |||||||
| 19.33% | |||||||
| Gen Digital Inc | |||||||
| 9.68 | |||||||
| 5.64 | |||||||
| 3.64 | |||||||
| 5.96% | |||||||
| $0.47 | |||||||
| $0.77 | |||||||
| 1.6% | |||||||
| Dolby Laboratories Inc | |||||||
| 42.63 | |||||||
| 3.33 | |||||||
| 6.25 | |||||||
| 2.85% | |||||||
| $0.09 | |||||||
| $0.28 | |||||||
| -5.78% | |||||||
| Qualys Inc | |||||||
| 41.52 | |||||||
| 16.80 | |||||||
| 11.35 | |||||||
| 11.75% | |||||||
| $0.05 | |||||||
| $0.12 | |||||||
| 10.49% | |||||||
| Teradata Corp | |||||||
| 60.48 | |||||||
| 26.62 | |||||||
| 2.06 | |||||||
| -5.45% | |||||||
| $0.06 | |||||||
| $0.28 | |||||||
| 1.11% | |||||||
| N-able Inc | |||||||
| 99.62 | |||||||
| 3.34 | |||||||
| 5.71 | |||||||
| 1.35% | |||||||
| $0.03 | |||||||
| $0.09 | |||||||
| 0.79% | |||||||
| Progress Software Corp | |||||||
| 33.55 | |||||||
| 5.03 | |||||||
| 3.39 | |||||||
| 3.39% | |||||||
| $0.05 | |||||||
| $0.14 | |||||||
| 12.63% | |||||||
| Average | |||||||
| 44.9 | |||||||
| 19.59 | |||||||
| 7.4 | |||||||
| 18.13% | |||||||
| $4.39 | |||||||
| $6.08 | |||||||
| 7.02% |