NOW vs UNH: Which Is the Better Buy?
Side-by-side comparison of ServiceNow, Inc. and UnitedHealth Group Incorporated — fair value, conviction, valuation metrics, and QuantHub research signals.
Updated 2026-07-18.
ServiceNow, Inc. · Technology
$103.24
+45.0% upside to fair value
Grade B
High Quality
VS
UnitedHealth Group Incorporated · Healthcare
$423.38
+45.0% upside to fair value
Grade B
High Quality
QuantHub Verdict
UNH trades at a lower forward P/E
(27.2x).
These are model outputs — not personalized investment advice.
See all research →
Valuation & Fundamentals
| Metric |
NOW |
UNH |
| Current Price |
$103.24 |
$423.38 |
| Fair Value Estimate |
$149.70 |
$613.90 |
| Upside to Fair Value |
+45.0%
|
+45.0%
|
| Market Cap |
$106.5B |
$384.5B |
| Forward P/E |
61.1x
|
27.2x
|
| EV / EBITDA |
32.9x
|
13.8x
|
| Price / Sales |
7.6x
|
0.8x
|
| Price / FCF |
23.0x
|
19.6x
|
| Revenue Growth YoY |
+22.1%
|
+0.4%
|
| Gross Margin |
76.6%
|
18.8%
|
| Operating Margin |
13.4%
|
4.2%
|
| Return on Equity |
15.0%
|
12.4%
|
| Dividend Yield |
0% |
0% |
| FCF Yield |
4.35%
|
5.12%
|
| Analyst Consensus |
Strong Buy
|
Strong Buy
|
Investment Thesis
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…
UnitedHealth Group Incorporated operates in the healthcare sector, specifically within medical and healthcare plans, providing a durable business model supported by a strong competitive moat and consistent earnings growth. The company currently trades at a price of $423.38 with a market cap of $359.873 billion, reflecting a valuation that is cheap relative to its five-year history, supported by a…
Accumulation Zones
| Metric |
NOW |
UNH |
| Zone Low |
$112.27 |
$460.42 |
| Zone High |
$127.24 |
$521.81 |
| In Buy Zone? |
Yes
|
Yes
|