VERX vs USDW vs NOW Stock Comparison

Vertex, Made In Usa and ServiceNow Prices as of Oct 26, 2026 Peers: Industry group
VERX Vertex, Inc.
$15.17 +33.4% 1M -40.3% 1Y
Market cap
$2.45B
P/E
684.6x
Revenue (TTM)
$787.44M
Div. yield
–
Compliance Software Technology
1 win
USDW Made In Usa Inc.
$5.00 0.0% 1M +861.5% 1Y
Market cap
$89.81M
P/E
–
Revenue (TTM)
$1.10K
Div. yield
–
Compliance Software Technology
1 win
NOW ServiceNow, Inc.
$158.19 +16.6% 1M -15.0% 1Y
Market cap
$163.57B
P/E
97.7x
Revenue (TTM)
$14.73B
Div. yield
–
Business Process Automation Technology
8 wins

Head to Head

10 decided of 12

ServiceNow leads on 8 of the 12 questions below (ServiceNow 8, Vertex 1, Made In Usa 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionVERXUSDWNOWLeader
Larger companyMarket capitalisation $2.45B $89.81M $163.57B NOW
Cheaper on earningsLower P/E, profitable companies only 684.6x -83,859x 97.7x NOW
Cheaper on forward earningsLower price / next fiscal year consensus EPS 19.4x — 41.1x VERX
Faster revenue growthRevenue growth, trailing twelve months +10.8% -98.1% +22.2% NOW
More profitableNet margin, trailing twelve months 0.5% -1,043.0% 11.3% NOW
Better return on capitalReturn on invested capital 0.0% — — –
Less leveragedLower net debt / EBITDA 1.1x — 0.8x NOW
Higher dividend yieldTrailing dividend yield — — — –
Better 1-year returnPrice return, last 12 months -40.3% +861.5% -15.0% USDW
Better 5-year returnAnnualised price return, 5 years -4.7%/yr — +3.5%/yr NOW
Less volatileAnnualised volatility, 1 year 62.5% — 58.8% NOW
Higher overall scoreMean of the five percentile scores vs peers 70/100 21/100 70/100 NOW

Percentile Scorecard

VERXUSDWNOW

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

AxisVERXUSDWNOW
Valuation 65 #15 of 41 15 #35 of 41 60 #17 of 41
Growth 89 #5 of 38 19 #31 of 38 68 #13 of 38
Profitability 74 #10 of 36 29 #26 of 36 83 #7 of 36
Financial Health 51 #24 of 48 – 64 #18 of 48
Shareholder Returns 69 #5 of 14 – 77 #4 of 14
Overall 70 21 70
  • VERX ranked among 51 companies in Business Applications
  • USDW ranked among 51 companies in Business Applications
  • NOW ranked among 51 companies in Business Applications

Price Performance

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

Returns

PeriodVERXUSDWNOWSPY
1 month +33.4%0.0%+16.6% -0.8%
3 months +20.0%+861.5%+49.9% +3.5%
6 months +20.8%+861.5%+74.9% +7.0%
Year to date -24.0%+861.5%+3.3% +12.2%
1 year -40.3%+861.5%-15.0% +13.0%
3 years -33.3%—+42.8% +86.3%
3 years, per year -12.7%—+12.6% +23.1%
5 years -21.5%—+19.0% +68.6%
5 years, per year -4.7%—+3.5% +11.0%
10 years ——+902.5% +258.0%
10 years, per year ——+25.9% +13.6%

Risk

MeasureVERXUSDWNOWSPY
Volatility, 1Y 62.5%—58.8% 12.7%
Downside volatility, 1Y 63.6%—61.5% 12.7%
Beta vs S&P 500, 1Y 0.45—0.62 1.00
Return / volatility, 1Y -0.65—-0.25 1.02
Max drawdown, 5Y -82.1%0.0%-64.5% -25.4%
From 52-week high -40.9%0.0%-16.4% -1.8%
52-week high $25.66$5.00$189.26 $779.14
52-week low $10.58$5.00$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.

MultipleVERXUSDWNOW
P/E now vs peer median 684.6xmedian 20.8x -83,859xmedian 20.8x 97.7xmedian 20.8x
P/S now vs peer median 3.1xmedian 2.5x 3,514xmedian 2.5x 11.1xmedian 2.5x
EV/EBITDA now vs peer median 26.0xmedian 21.3x —median 21.3x 48.7xmedian 21.3x
P/FCF now vs peer median 48.5xmedian 25.2x -1,618xmedian 25.2x 35.7xmedian 25.2x
P/B now vs peer median 10.2xmedian 2.1x 3.6xmedian 2.1x 13.1xmedian 2.1x
PEG now vs peer median 24.29median 2.04 -3,030median 2.04 18.80median 2.04

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 monthsVERXUSDWNOW
Revenue $787.44M $1.10K $14.73B
Gross profit $503.58M $1.10K $11.02B
Operating income -$13.34M -$11.67K $1.68B
Net income $3.58M -$11.47K $1.67B
Free cash flow $50.48M -$25.00M $4.58B
R&D $91.60M – $3.26B
EPS (diluted) $0.02 $0.00 $1.61
Cash & equivalents $230.49M – $2.50B
Total debt $1.35B – $7.52B
Shares (diluted) 161.39M 22.96M 1.03B
Enterprise value $1.31B $89.81M $142.03B

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
MetricVERXUSDWNOW
P/E 684.6x -83,859x 97.7x
P/FCF 48.5x -1,618x 35.7x
P/Operating cash flow 14.1x -3.6x 30.8x
P/S 3.1x 3,514x 11.1x
P/B 10.2x 3.6x 13.1x
P/Tangible book 10.3x -144,394x 18.7x
EV/EBITDA 26.0x – 48.7x
EV/EBIT -191.6x -7,694x 99.1x
EV/Revenue 3.2x 81,648x 11.3x
EV/FCF 50.6x -3.6x 36.3x
EV/Operating cash flow 14.7x -3.6x 31.4x
PEG (3Y EPS CAGR) 24.29 -3,030 18.80

Growth

14 metrics
MetricVERXUSDWNOW
Revenue growth (1Y) 10.8% -98.1% 22.2%
Revenue CAGR (3Y) 14.1% – 22.5%
Gross profit growth (1Y) 9.0% -98.1% 16.4%
Gross profit CAGR (3Y) 15.8% – 20.5%
Operating income growth (1Y) -75.9% 50.9% 4.9%
Operating income CAGR (3Y) 8.2% – 49.1%
Net income growth (1Y) 107.1% 51.7% 0.5%
Net income CAGR (3Y) 28.3% -20.2% 5.5%
EPS growth (1Y) 107.0% 85.9% 1.7%
EPS CAGR (3Y) 28.2% 27.7% 5.2%
Operating cash flow growth (1Y) 21.1% -35,924% 13.0%
Operating cash flow CAGR (3Y) 47.3% -928.2% 22.2%
Free cash flow growth (1Y) 4,078% -26,667% 19.0%
Free cash flow CAGR (3Y) 78.9% -928.2% 25.7%

Profitability

14 metrics
MetricVERXUSDWNOW
Gross margin 64.0% 100.0% 74.8%
EBITDA margin 12.5% – 23.2%
Operating margin -1.7% -1,061% 11.4%
Pretax margin -1.2% -1,043% 15.9%
Net margin 0.5% -1,043% 11.3%
FCF margin 6.4% -2,272,784% 31.1%
Operating cash flow margin 22.0% -2,272,784% 36.0%
Return on equity 1.5% -0.1% 13.8%
Return on assets 0.3% -0.1% 6.0%
Return on invested capital 0.0% – –
Return on capital employed -2.1% -0.1% 10.6%
Asset turnover 0.6x 0.0x 0.5x
Cash conversion (OCF / net income) 48.6x 2,179x 3.2x
Stock comp / revenue 7.2% – 12.3%

Financial Health

11 metrics
MetricVERXUSDWNOW
Debt / assets 28.0% – 23.7%
Debt / equity 1.4x – 0.6x
Net debt / EBITDA 1.1x – 0.8x
Debt / FCF 6.7x – 1.6x
Liabilities / assets 80.1% 0.0% 60.5%
Equity / assets 19.9% 100.0% 39.5%
Interest coverage – – –
Current ratio 0.9x – 0.7x
Quick ratio 0.7x – 0.6x
Cash ratio 0.4x – 0.4x
Altman Z-score 2.01 – 5.89

Shareholder Returns

7 metrics
MetricVERXUSDWNOW
Dividend yield – – –
Net buyback yield 1.9% – 1.9%
Shareholder yield 1.9% – 1.9%
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.

ConsensusVERXUSDWNOW
Forward P/E 19.4xFY2026 – 41.1xFY2026
EPS, next fiscal year $0.78FY2026 – $3.85FY2026
EPS growth, next FY +21.9%FY2026 – +9.7%FY2026
EPS growth, the year after +38.5% – +27.3%
Revenue, next fiscal year $795.75MFY2026 – $15.24BFY2026
Revenue growth, next FY +6.3%FY2026 – +14.8%FY2026
Revenue growth, the year after +17.3% – +17.7%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersVERXUSDWNOW
Held by institutions 93.3% – 81.6%
Institutions holding 229 – 2,224
Change in shares held, QoQ -7.0% – -2.1%
Institutions buying 135 – 1,285
Institutions selling 69 – 779
Buyers to sellers 1.96 – 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.

VERXUSDWNOW
VERX 1.00 – 0.66
USDW – – –
NOW 0.66 – 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, VERX, USDW and NOW?

ServiceNow (NOW) is the largest by market capitalisation: Vertex (VERX) $2.45B, Made In Usa (USDW) $89.81M, ServiceNow (NOW) $163.57B.

Which stock is cheaper, VERX, USDW and NOW?

ServiceNow (NOW) trades on the lowest price-to-earnings ratio (Vertex (VERX) 684.6x, Made In Usa (USDW) -83,859x, ServiceNow (NOW) 97.7x). On next year's consensus earnings, Vertex (VERX) is cheapest (Vertex (VERX) 19.4x, ServiceNow (NOW) 41.1x). 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: Vertex (VERX) +10.8%, Made In Usa (USDW) -98.1%, ServiceNow (NOW) +22.2%.

Which company is more profitable?

ServiceNow (NOW) has the highest net margin (Vertex (VERX) 0.5%, Made In Usa (USDW) -1,043.0%, ServiceNow (NOW) 11.3%).

Which stock has performed better?

Over the past year Made In Usa (USDW) returned the most: Vertex (VERX) -40.3%, Made In Usa (USDW) +861.5%, ServiceNow (NOW) -15.0%. Over five years, ServiceNow (NOW) compounded fastest (Vertex (VERX) -4.7%/yr, ServiceNow (NOW) +3.5%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, ServiceNow (NOW) has been the steadiest (Vertex (VERX) 62.5%, ServiceNow (NOW) 58.8%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, VERX, USDW 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, ServiceNow (NOW) leads on 8. 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.