DHR vs NOW: Which Is the Better Buy?

Side-by-side comparison of Danaher Corporation and ServiceNow, Inc. β€” fair value, conviction, valuation metrics, and QuantHub research signals. Updated 2026-07-18.
Danaher Corporation Β· Healthcare
$195.98
+7.9% upside to fair value
Grade B 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%). DHR trades at a lower forward P/E (37.8x). These are model outputs β€” not personalized investment advice. See all research β†’
Valuation & Fundamentals
Metric DHR NOW
Current Price $195.98 $103.24
Fair Value Estimate $211.54 $149.70
Upside to Fair Value +7.9% +45.0%
Market Cap $138.7B $106.5B
Forward P/E 37.8x 61.1x
EV / EBITDA 22.8x 32.9x
Price / Sales 5.6x 7.6x
Price / FCF 26.2x 23.0x
Revenue Growth YoY +3.7% +22.1%
Gross Margin 60.7% 76.6%
Operating Margin 21.0% 13.4%
Return on Equity 7.1% 15.0%
Dividend Yield 0% 0%
FCF Yield 3.81% 4.35%
Analyst Consensus Strong Buy Strong Buy
Investment Thesis
DHR β€” Danaher Corporation
Danaher Corporation operates in the healthcare sector, specifically in medical diagnostics and research, delivering high-quality products with a durable competitive moat supported by strong margins and consistent earnings growth. The company trades at a trailing and forward P/E of 37.76, which is relatively high but justified by its stable revenue growth of 3.7% and earnings growth of 7.9% in the…
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 DHR NOW
Zone Low $158.66 $112.27
Zone High $179.81 $127.24
In Buy Zone? No Yes
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