DE vs NOW: Which Is the Better Buy?

Side-by-side comparison of Deere & Company and ServiceNow, Inc. β€” fair value, conviction, valuation metrics, and QuantHub research signals. Updated 2026-07-18.
Deere & Company Β· Industrials
$596.74
-29.8% upside to fair value
Grade C High Quality
VS
ServiceNow, Inc. Β· Technology
$103.24
+45.0% upside to fair value
Grade B High Quality
QuantHub Verdict
NOW has more upside to fair value (+45.0%). DE trades at a lower forward P/E (33.7x). These are model outputs β€” not personalized investment advice. See all research β†’
Valuation & Fundamentals
Metric DE NOW
Current Price $596.74 $103.24
Fair Value Estimate $418.72 $149.70
Upside to Fair Value -29.8% +45.0%
Market Cap $161.1B $106.5B
Forward P/E 33.7x 61.1x
EV / EBITDA 19.0x 32.9x
Price / Sales 3.4x 7.6x
Price / FCF 42.8x 23.0x
Revenue Growth YoY +6.7% +22.1%
Gross Margin 35.4% 76.6%
Operating Margin 18.4% 13.4%
Return on Equity 18.3% 15.0%
Dividend Yield 0% 0%
FCF Yield 2.34% 4.35%
Analyst Consensus Hold Strong Buy
Investment Thesis
DE β€” Deere & Company
Deere & Company operates in the agricultural machinery sector, providing durable equipment critical to farming and construction industries. The business quality is high, supported by a strong 18.3% return on equity and solid gross and operating margins of 35.4% and 18.4%, respectively. However, the stock is currently overvalued, trading approximately 30% above its fair value estimate of $418.72, …
NOW β€” ServiceNow, Inc.
ServiceNow, Inc. operates in the technology sector specializing in software applications, delivering high-quality enterprise cloud solutions with a durable competitive moat evidenced by a 15% return on equity and strong gross margins of 76.6%. The company is currently in an investing growth phase with 22.1% revenue growth in the most recent quarter, although earnings growth is modest at 2.0%. Des…
Accumulation Zones
Metric DE NOW
Zone Low $314.04 $112.27
Zone High $355.91 $127.24
In Buy Zone? No Yes
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