Mulya.ai
Ticker
NOW
Scenario
Key Inputs
Revenue est.?Analyst
OP margin est.?hist_ind
Reinvestment est.?avg_lt_ttm
R&D capitalizedYes · 5yr amort
Leases factoredNo
Key Assumptions
WACC ?8.2%
ERP ?4.5%
Risk-free rate ?4.1%
Beta (blended) ?0.927
Beta (levered) ?0.938
Terminal OM% ?28.1%
Segment conc. ?97% dominant
Terminal growth ?4.1%
Bond rating ?AAA · 0.60%
ROIC option ?Opt 4 · 18.7%
Prob of failure ?0.0%
Pipeline validated · 2026-07-21

NOW · ServiceNow, Inc.

$98.342026-07-21
Sector: Technology; Industry: Software - Application; Sub-Industry: Systems Software

Intrinsic Value Range Comparison · Mulya.ai

R&D capitalized (5yr)
Bull
$113
+14.8% vs market
Base · active
$111
+13.2% vs market
Bear
$72
-27.0% vs market
Mulya.ai vs Analyst IV Comparison?
Bear $72
Market $98
Base $111
Bull $113
Median $135
Market Price $98
Mulya.ai Base $111
Analysts Median $135
Mulya.ai IV range ($72 · $113)
Analysts Range ($85 · $236)
Fundamentals · historical + forward · base
italics = DCF projection
PeriodRevenueRev Gr ?Ops M% ?Tax Rate ?NOPAT ?
Reinvest ?
FCFF ?WACC% ?PV FCFF ?ROIC ?Inv. Cap ?EPS ?P/E
2024.Q1$9.0B13.4%0.0%$1.9B−$1.3B$560MM8.1%18.4%$10.2B$1.66
2024.Q4$9.0B0.0%13.4%18.0%$989MM−$1.3B−$292MM8.9%9.3%$11.0B$1.66
2025.Q1$11.0B22.4%19.7%17.7%$1.8B−$1.2B$604MM8.6%15.5%$11.8B$1.37
2025.Q4$11.0B0.0%19.7%22.7%$1.7B−$2.1B−$455MM8.9%12.1%$15.8B$1.37
2026.Q1$14.0B27.1%21.3%26.1%$2.2B−$4.0B−$1.8B8.3%13.8%$15.9B$1.6934.4
italics below = DCF projection · 10yr Rev CAGR: 13.1%
2027.Q1$17.1B+22.2%33.7%25.5%$4.3B−$3.6B$675MM8.3%$623MM24.1%$19.6B$1.6460.0
2028.Q1$20.2B+18.7%32.5%24.9%$4.9B−$3.8B$1.2B8.3%$994MM23.1%$23.3B$2.0947.1
2029.Q1$23.9B+17.8%31.4%24.3%$5.7B−$4.4B$1.3B8.3%$1.0B22.2%$27.7B$2.6337.4
2030.Q1$27.5B+15.4%30.3%23.7%$6.4B−$4.5B$1.8B8.4%$1.3B21.3%$32.2B$3.2430.4
2031.Q1$31.8B+15.3%28.1%23.1%$6.9B−$5.3B$1.6B8.4%$1.0B19.7%$37.5B$4.1723.6
Term. Yr+$49.8B4.1%28.1%20.0%$11.2B−$2.5B$8.7B8.6%$86.4B18.7%
Active scenario IV: $111 (+13.2% vs market)