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Disclaimer: The blog posts and comments on this blog and posts on social networks are not investment recommendation, are provided solely for informational purposes, and do not constitute an offer or solicitation to buy or sell any securities. The opinions expressed on the blog are Petar Posledovich's. Petar Posledovich does not guarantee the accuracy of the information presented on this blog and social networks. The information presented is "as is". The blog is stocks analysis and valuation, Bitcoin, Cryptocurrencies, Artificial Intelligence, AI, deep-learning focused. Independent, unbiased AI insights. Petar Vladimirov Posledovich is not liable for any investment losses incurred by reading and interpreting blog posts on this blog and posts on social networks. Conflicts of interest: I may possess some of the securities, currencies or their derivatives mentioned in the blog post and posts on social networks! The blog is property of Wolfteam Ltd. www.wolfteamedge.com Respectfully yours, Petar Posledovich

Wednesday, August 30, 2023

ServiceNow Valuation


ServiceNow Inc, the American cloud computing business processes company is undervalued. Not by much, though.

ServiceNow's intrinsic worth is 170 billion USD according to Wolfteam Ltd., which answers to Price/Sales ratio of 20 which is closer to the average of cloud computing companies' Price/Sales ratios. Lately the average Price/Sales ratio of cloud computing has fallen more to 15.

ServiceNow, however reports 4.49 % net profit margin for the calendar 2022. ServiceNow is profitable, that is, which is rare for cloud computing companies. ServiceNow is valuable also on the ground that for the last calendar year 2022 and last reported quarter revenue grew by 22.88 % and 22.72 %.

In short, ServiceNow's intrinsic worth is 170 billion USD compared to ServiceNow's current market capitalization of 118.09 billion USD.


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