NOW vs SLB: Which Is the Better Buy?

Side-by-side comparison of ServiceNow, Inc. and Slb N.V. β€” fair value, conviction, valuation metrics, and QuantHub research signals. Updated 2026-09-18.
ServiceNow, Inc. Β· Technology
$139.82
+16.2% upside to fair value
Med Conviction Grade A- High Quality
VS
Slb N.V. Β· Energy
$52.08
+8.6% upside to fair value
Med Conviction Grade B
QuantHub Verdict
NOW has more upside to fair value (+16.2%). These are model outputs β€” not personalized investment advice. See all research β†’
Valuation & Fundamentals
Metric NOW SLB
Current Price $139.82 $52.08
Fair Value Estimate $162.50 $56.56
Upside to Fair Value +16.2% +8.6%
Market Cap $144.6B $77.3B
Forward P/E β€” β€”
EV / EBITDA 43.1x 12.2x
Price / Sales 9.8x 2.1x
Price / FCF 31.5x 17.1x
Revenue Growth YoY +24.0% +5.0%
Gross Margin 74.8% 16.5%
Operating Margin 11.4% 13.4%
Return on Equity 13.8% 11.8%
Dividend Yield 0% 2.25%
FCF Yield 3.17% 5.83%
Analyst Consensus Strong Buy Strong Buy
Investment Thesis
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…
SLB β€” Slb N.V.
SLB N.V. is the world's largest oilfield services provider, operating four divisions (Digital & Integration, Reservoir Performance, Well Construction, and Production Systems) that span field development, drilling, subsea production, and carbon management for the global energy industry. The business carries a medium-quality profile: it benefits from deep technical expertise, a broad international …
Accumulation Zones
Metric NOW SLB
Zone Low $121.88 $42.42
Zone High $138.12 $48.08
In Buy Zone? No No
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