ETN vs NOW: Which Is the Better Buy?

Side-by-side comparison of Eaton Corporation plc and ServiceNow, Inc. β€” fair value, conviction, valuation metrics, and QuantHub research signals. Updated 2026-09-24.
Eaton Corporation plc Β· Industrials
$438.76
+32.2% upside to fair value
Med Conviction Grade B High Quality
VS
ServiceNow, Inc. Β· Technology
$139.82
+16.2% upside to fair value
Med Conviction Grade A- High Quality
QuantHub Verdict
ETN has more upside to fair value (+32.2%). These are model outputs β€” not personalized investment advice. See all research β†’
Valuation & Fundamentals
Metric ETN NOW
Current Price $438.76 $139.82
Fair Value Estimate $579.99 $162.50
Upside to Fair Value +32.2% +16.2%
Market Cap $170.4B $144.6B
Forward P/E β€” β€”
EV / EBITDA 29.6x 43.1x
Price / Sales 5.7x 9.8x
Price / FCF 37.9x 31.5x
Revenue Growth YoY +21.4% +24.0%
Gross Margin 35.9% 74.8%
Operating Margin 17.7% 11.4%
Return on Equity 19.6% 13.8%
Dividend Yield 0.99% 0%
FCF Yield 2.64% 3.17%
Analyst Consensus Strong Buy Strong Buy
Investment Thesis
ETN β€” Eaton Corporation plc
Eaton Corporation plc is a Dublin-headquartered power management company with roughly 97,303 employees, operating electrical, aerospace, vehicle and eMobility segments that supply power distribution, circuit protection, power quality and reliability equipment and services. The business quality is high: TTM gross margin of 35.9%, TTM operating margin of 17.7%, TTM net margin of 12.8% and ROE of 19…
NOW β€” ServiceNow, Inc.
ServiceNow provides a cloud-based enterprise workflow platform spanning IT service management, operations, employee workflows, CRM, AI orchestration and security. Business quality is high because its common data model, deeply embedded workflows and cross-department deployments create meaningful switching costs, while roughly 90% of the Fortune 500 use the platform and more than 85 billion workflo…
Accumulation Zones
Metric ETN NOW
Zone Low $434.99 $121.88
Zone High $492.99 $138.12
In Buy Zone? Yes No
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