CXAI vs SAP vs NOW Stock Comparison

CXApp, Sap Se and ServiceNow Prices as of Oct 28, 2026 Peers: Industry group
CXAI CXApp Inc.
$1.56 -38.3% 1M +113.7% 1Y
Market cap
$2.63M
P/E
–
Revenue (TTM)
$2.92M
Div. yield
–
HR Software Technology
1 win
SAP Sap Se
$237.06 +13.3% 1M -12.2% 1Y
Market cap
$272.87B
P/E
28.6x
Revenue (TTM)
$45.76B
Div. yield
–
ERP Software Technology
9 wins
NOW ServiceNow, Inc.
$149.85 +14.0% 1M -20.1% 1Y
Market cap
$118.69B
P/E
82.1x
Revenue (TTM)
$15.43B
Div. yield
–
Business Process Automation Technology
1 win

Head to Head

11 decided of 12

Sap Se leads on 9 of the 12 questions below (Sap Se 9, ServiceNow 1, CXApp 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionCXAISAPNOWLeader
Larger companyMarket capitalisation $2.63M $272.87B $118.69B SAP
Cheaper on earningsLower P/E, profitable companies only — 28.6x 82.1x SAP
Cheaper on forward earningsLower price / next fiscal year consensus EPS — 27.8x 38.9x SAP
Faster revenue growthRevenue growth, trailing twelve months -51.4% +13.5% +21.8% NOW
More profitableNet margin, trailing twelve months — 20.8% 9.4% SAP
Better return on capitalReturn on invested capital — 35.6% 5.2% SAP
Less leveragedLower net debt / EBITDA — -0.4x 0.8x SAP
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months +113.7% -12.2% -20.1% CXAI
Better 5-year returnAnnualised price return, 5 years -31.0%/yr +10.4%/yr +1.4%/yr SAP
Less volatileAnnualised volatility, 1 year 412.4% 39.3% 58.8% SAP
Higher overall scoreMean of the five percentile scores vs peers — 64/100 51/100 SAP

Percentile Scorecard

CXAISAPNOW

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisCXAISAPNOW
Valuation – 53 #48 of 101 33 #68 of 101
Growth – 67 #33 of 97 50 #49 of 97
Profitability – 91 #9 of 94 80 #20 of 94
Financial Health – 79 #24 of 108 53 #51 of 108
Shareholder Returns – 29 #46 of 64 38 #40 of 64
Overall – 64 51
  • CXAI ranked among 114 companies in Business Applications
  • SAP ranked among 114 companies in Business Applications
  • NOW ranked among 114 companies in Business Applications

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodCXAISAPNOWSPY
1 month -38.3%+13.3%+14.0% +0.9%
3 months +1,200.0%+27.4%+29.4% +5.9%
6 months +940.0%+39.4%+68.6% +8.5%
Year to date +372.7%-2.4%-2.2% +13.3%
1 year +113.7%-12.2%-20.1% +12.4%
3 years +27.9%+80.4%+35.2% +88.1%
3 years, per year +8.5%+21.8%+10.6% +23.5%
5 years -84.4%+63.7%+7.4% +68.2%
5 years, per year -31.0%+10.4%+1.4% +11.0%
10 years —+169.7%+770.2% +263.4%
10 years, per year —+10.4%+24.2% +13.8%

Risk

MeasureCXAISAPNOWSPY
Volatility, 1Y 412.4%39.3%58.8% 12.7%
Downside volatility, 1Y 151.4%40.7%61.5% 12.7%
Beta vs S&P 500, 1Y 0.920.630.60 1.00
Return / volatility, 1Y 0.28-0.31-0.34 0.98
Max drawdown, 5Y -99.4%-53.2%-64.5% -25.4%
From 52-week high -66.0%-12.2%-20.1% -0.9%
52-week high $4.59$270.06$187.58 $779.14
52-week low $0.09$146.09$83.00 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleCXAISAPNOW
P/E now vs peer median —median 27.6x 29.0xmedian 27.6x 107.3xmedian 27.6x
P/S now vs peer median 0.9xmedian 2.7x 6.4xmedian 2.7x 10.1xmedian 2.7x
EV/EBITDA now vs peer median —median 17.4x 11.9xmedian 17.4x 46.0xmedian 17.4x
P/FCF now vs peer median —median 15.8x 28.0xmedian 15.8x 32.7xmedian 15.8x
P/B now vs peer median —median 3.2x 5.5xmedian 3.2x 11.9xmedian 3.2x
PEG now vs peer median —median 0.84 1.81median 0.84 -31.41median 0.84

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsCXAISAPNOW
Revenue $2.92M $45.76B $15.43B
Gross profit – $33.40B $11.28B
Operating income – $22.06B $1.49B
Net income – $9.47B $1.45B
Free cash flow – $10.40B $4.75B
R&D – $8.26B $3.47B
EPS (diluted) – $8.11 $1.39
Cash & equivalents – $10.62B $2.39B
Total debt – $9.68B $7.52B
Shares (diluted) 1.67M 1.18B 1.04B
Enterprise value $2.63M $200.27B $97.96B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricCXAISAPNOW
P/E – 29.0x 107.3x
P/FCF – 28.0x 32.7x
P/Operating cash flow – 25.3x 29.2x
P/S 0.9x 6.4x 10.1x
P/B – 5.5x 11.9x
P/Tangible book – 5.9x 16.4x
EV/EBITDA – 11.9x 46.0x
EV/EBIT – 12.7x 106.1x
EV/Revenue 0.9x 6.1x 10.3x
EV/FCF – 27.0x 33.4x
EV/Operating cash flow – 24.4x 29.7x
PEG (3Y EPS CAGR) – 1.81 -31.41

Growth

14 metrics
MetricCXAISAPNOW
Revenue growth (1Y) -51.4% 13.5% 21.8%
Revenue CAGR (3Y) -27.4% 11.7% 22.1%
Gross profit growth (1Y) – 12.6% 14.1%
Gross profit CAGR (3Y) – 12.1% 19.2%
Operating income growth (1Y) – 30.9% -14.9%
Operating income CAGR (3Y) – 52.1% 32.1%
Net income growth (1Y) – 18.5% -16.5%
Net income CAGR (3Y) – 16.4% -3.1%
EPS growth (1Y) – 22.0% -16.2%
EPS CAGR (3Y) – 16.0% -3.4%
Operating cash flow growth (1Y) – 43.3% 10.2%
Operating cash flow CAGR (3Y) – 19.0% 21.8%
Free cash flow growth (1Y) – 43.7% 20.0%
Free cash flow CAGR (3Y) – 20.9% 25.9%

Profitability

14 metrics
MetricCXAISAPNOW
Gross margin – 73.0% 73.1%
EBITDA margin – 51.5% 22.3%
Operating margin – 48.2% 9.7%
Pretax margin – 29.2% 13.1%
Net margin – 20.8% 9.4%
FCF margin – 22.7% 30.8%
Operating cash flow margin – 25.1% 34.6%
Return on equity – 18.5% 11.3%
Return on assets – 11.2% 4.6%
Return on invested capital – 35.6% 5.2%
Return on capital employed – 34.0% 7.5%
Asset turnover – 0.5x 0.5x
Cash conversion (OCF / net income) – 1.2x 3.7x
Stock comp / revenue 76.0% 3.9% 10.4%

Financial Health

11 metrics
MetricCXAISAPNOW
Debt / assets – 11.2% 23.6%
Debt / equity – 0.2x 0.6x
Net debt / EBITDA – -0.4x 0.8x
Debt / FCF – 0.9x 1.6x
Liabilities / assets – 39.1% 58.9%
Equity / assets – 60.9% 41.1%
Interest coverage – 8.3x 14.6x
Current ratio – 1.2x 0.7x
Quick ratio – 0.9x 0.6x
Cash ratio – 0.9x 0.4x
Altman Z-score – 7.51 5.77

Shareholder Returns

7 metrics
MetricCXAISAPNOW
Dividend yield – 1.2% –
Net buyback yield – -0.1% 1.7%
Shareholder yield – 1.1% 1.7%
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusCXAISAPNOW
Forward P/E – 27.8xFY2026 38.9xFY2026
EPS, next fiscal year $-10.60FY2026 $8.52FY2026 $3.85FY2026
EPS growth, next FY – +16.1%FY2026 +9.7%FY2026
EPS growth, the year after – +4.9% +27.0%
Revenue, next fiscal year $8.25MFY2026 $42.86BFY2026 $15.25BFY2026
Revenue growth, next FY +80.1%FY2026 -2.4%FY2026 +14.8%FY2026
Revenue growth, the year after +89.8% +14.3% +17.7%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersCXAISAPNOW
Held by institutions 14.8% 7.2% 81.6%
Institutions holding 34 820 2,224
Change in shares held, QoQ +313.6% -3.0% -2.1%
Institutions buying 21 459 1,285
Institutions selling 6 245 779
Buyers to sellers 3.50 1.87 1.65

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

CXAISAPNOW
CXAI 1.00 0.10 0.09
SAP 0.10 1.00 0.71
NOW 0.09 0.71 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, CXAI, SAP and NOW?

Sap Se (SAP) is the largest by market capitalisation: CXApp (CXAI) $2.63M, Sap Se (SAP) $272.87B, ServiceNow (NOW) $118.69B.

Which stock is cheaper, CXAI, SAP and NOW?

Sap Se (SAP) trades on the lowest price-to-earnings ratio (Sap Se (SAP) 28.6x, ServiceNow (NOW) 82.1x). On next year's consensus earnings, Sap Se (SAP) is cheapest (Sap Se (SAP) 27.8x, ServiceNow (NOW) 38.9x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

ServiceNow (NOW) grew revenue fastest over the trailing twelve months: CXApp (CXAI) -51.4%, Sap Se (SAP) +13.5%, ServiceNow (NOW) +21.8%.

Which company is more profitable?

Sap Se (SAP) has the highest net margin (Sap Se (SAP) 20.8%, ServiceNow (NOW) 9.4%). On return on invested capital, Sap Se (SAP) leads (Sap Se (SAP) 35.6%, ServiceNow (NOW) 5.2%).

Which stock has performed better?

Over the past year CXApp (CXAI) returned the most: CXApp (CXAI) +113.7%, Sap Se (SAP) -12.2%, ServiceNow (NOW) -20.1%. Over five years, Sap Se (SAP) compounded fastest (CXApp (CXAI) -31.0%/yr, Sap Se (SAP) +10.4%/yr, ServiceNow (NOW) +1.4%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Sap Se (SAP) has been the steadiest (CXApp (CXAI) 412.4%, Sap Se (SAP) 39.3%, ServiceNow (NOW) 58.8%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, CXAI, SAP and NOW?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Sap Se (SAP) leads on 9. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.