ServiceNow Financial Statements From 2010 to 2024
| N1OW34 Stock | BRL 128.41 0.30 0.23% |
Check ServiceNow financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ServiceNow's main balance sheet or income statement drivers, such as , as well as many indicators such as . ServiceNow financial statements analysis is a perfect complement when working with ServiceNow Valuation or Volatility modules.
ServiceNow |
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.
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.
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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 regarded second in return on equity category among its peers. It also is regarded second 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.About ServiceNow Financial Statements
ServiceNow stakeholders use historical fundamental indicators, such as ServiceNow's revenue or net income, to determine how well the company is positioned to perform in the future. Although ServiceNow investors may analyze each financial statement separately, they are all interrelated. For example, changes in ServiceNow's assets and liabilities are reflected in the revenues and expenses on ServiceNow's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in ServiceNow. Please read more on our technical analysis and fundamental analysis pages.
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.
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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 the analysis of ServiceNow Correlation against competitors. For information on how to trade ServiceNow Stock refer to our How to Trade ServiceNow Stock guide.You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.