COMP <GO>
NOW vs SPCX // 10Y YIELD & FRED MACRO BETA
ServiceNow Inc. (NYSE) VS. Space Exploration Technologies Corp. (NASDAQ) • 15-METRIC TALLY: NOW 3
— SPCX 8
▲ 10Y YIELD & FRED MACRO BETA LEADER: NOW
LAST: $105.12 (-4.15%) • MKT CAP: $113.84B
macro-sensitivity
1.38
LAST: $134.72 (-6.37%) • MKT CAP: $1.95T
macro-sensitivity
1.36
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (NOW VS. SPCX)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | NOW | SPCX | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | 77.50% | — | — | TIE | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | 9.80% | 58.30% | -48.50 | SPCX | /roic <GO> |
| EV/EBITDA & P/E Valuation | 45.1x | 14.3x | +30.80 | SPCX | /valuation <GO> |
| Free Cash Flow Yield | 4.02% | 3.99% | +0.03 | NOW | /fcf-yield <GO> |
| Operating Margin | 13.70% | 21.10% | -7.40 | SPCX | /operating-margins <GO> |
| Net Profit Margin | 13.20% | 16.40% | -3.20 | SPCX | /net-margins <GO> |
| Revenue Growth (YoY) | 20.90% | 20.90% | 0.00 | TIE | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 0.00% | 0.00% | 0.00 | TIE | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | 6.25 | 26.00 | -19.75 | SPCX | /balance-sheet <GO> |
| Piotroski F-Score Quality | 9/9 | 7/9 | +2.00 | NOW | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | — | — | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 31.1 | 45.9 | -14.80 | SPCX | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta ACTIVE | 1.38 | 1.36 | +0.02 | NOW | /macro-sensitivity <GO> |
| Forward P/E Multiple | 54.7x | 18.2x | +36.50 | SPCX | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $113.84B | $1.95T | -$1.84T | SPCX | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | NOW REV | SPCX REV | NOW GROSS % | SPCX GROSS % | NOW FCF | SPCX FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $13.28B | $0 | 77.5% | — | $4.58B | $0 |
| FY 2024 | $10.98B | — | 79.2% | — | $3.42B | — |
| FY 2023 | $8.97B | — | — | — | $2.99B | — |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
NOW // BETA 1.38
SPCX // BETA 1.36