Is It Time To Reconsider ServiceNow (NOW) After A 33% One-Year Share Price Slide?

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ServiceNow (NOW) has seen a 33.3% decline in its share price over the past year, prompting a re-evaluation of its worth. A Discounted Cash Flow (DCF) analysis suggests the stock is undervalued by 33.2% at US$110.38, with an intrinsic estimate of US$165.29 per share. However, its current P/E ratio of 66.05x is significantly higher than the industry average, indicating it might be overvalued based on earnings.

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