Pricing Log in Create free account

ServiceNow, Inc. (NOW) vs SAP SE (SAP)

ServiceNow, Inc. and SAP SE are both Software Application companies. SAP SE is the larger, with a market value of $274.9B against $106.3B — 2.6× the size. SAP SE trades at the lower P/E: 29.5× against 73.1×. ServiceNow, Inc. grew revenue faster over the last twelve months: 21.8% against 13.4%. SAP SE has the higher net margin (20.4% vs 9.36%) and the higher return on invested capital (14.6% vs 5.83%). Across the 22 metrics below, SAP SE leads on 14 and ServiceNow, Inc. on 8.

Valuation

Metric NOW SAP Software Application median
P/E 73.14 29.53 25.90
P/S 6.87 6.12 3.04
P/B 8.09 5.24 2.60
Price to free cash flow 22.52 27.00 17.17
EV/EBITDA 31.60 20.26 15.48
EV/Sales 7.06 6.11 2.89
Earnings yield 1.37% 3.39% 0.00%
Free cash flow yield 4.44% 3.70% 1.98%

Profitability

Metric NOW SAP Software Application median
Gross margin 73.08% 72.69% 66.89%
Operating margin 9.68% 27.04% 0.00%
Net margin 9.36% 20.41% 0.00%
Free cash flow margin 30.78% 22.67% 5.77%
Return on equity 11.85% 17.96% 0.00%
Return on assets 5.39% 11.13% 0.00%
Return on invested capital 5.83% 14.60% 0.00%

Growth

Metric NOW SAP Software Application median
Revenue growth (TTM) 21.82% 13.40% 12.27%
EPS growth (last fiscal year) 22.08% 143.45% 32.11%
Revenue growth, 5-year CAGR 24.06% 5.92% 14.34%
Net income growth, 5-year CAGR 71.16% 6.63% 0.00%

Health

Metric NOW SAP Software Application median
Debt to equity 0.57 0.23 0.02
Current ratio 0.72 1.16 1.53
Net debt to EBITDA (1.51) (0.16) 0.09

Dividend

Metric NOW SAP Software Application median
Dividend yield — 1.20% 1.10%
Payout ratio — 0.36 0.28

Size

Metric NOW SAP Software Application median
Market cap 106.25b 274.94b 487.58m

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack