WallStSmart

nCino Inc (NCNO)vsPalo Alto Networks Inc (PANW)

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Smart Verdict

WallStSmart Research — data-driven comparison

Palo Alto Networks Inc generates 1745% more annual revenue ($11.48B vs $622.24M). NCNO leads profitability with a 5.4% profit margin vs 2.7%. NCNO trades at a lower P/E of 70.2x. PANW earns a higher WallStSmart Score of 49/100 (D+).

NCNO

Hold

49

out of 100

Grade: D+

Growth: 8.0Profit: 4.5Value: 5.7Quality: 5.0
Piotroski: 5/9Altman Z: 1.20

PANW

Hold

49

out of 100

Grade: D+

Growth: 9.3Profit: 4.5Value: 4.7Quality: 4.5
Piotroski: 1/9Altman Z: 1.11
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

NCNOUndervalued (+68.7%)

Margin of Safety

+68.7%

Fair Value

$56.14

Current Price

$22.68

$33.46 discount

UndervaluedFair: $56.14Overvalued
PANWUndervalued (+21.7%)

Margin of Safety

+21.7%

Fair Value

$498.95

Current Price

$365.87

$133.08 discount

UndervaluedFair: $498.95Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

NCNO2 strengths · Avg: 9.0/10
EPS GrowthGrowth
147.6%10/10

Earnings expanding 147.6% YoY

Price/BookValuation
2.6x8/10

Reasonable price relative to book value

PANW5 strengths · Avg: 9.6/10
Market CapQuality
$279.76B10/10

Mega-cap, among the largest globally

Revenue GrowthGrowth
34.5%10/10

Revenue surging 34.5% year-over-year

EPS GrowthGrowth
60.5%10/10

Earnings expanding 60.5% YoY

Debt/EquityHealth
0.0910/10

Conservative balance sheet, low leverage

Free Cash FlowQuality
$1.25B8/10

Generating 1.3B in free cash flow

Areas to Watch

NCNO4 concerns · Avg: 2.5/10
Return on EquityProfitability
1.8%3/10

ROE of 1.8% — below average capital efficiency

Profit MarginProfitability
5.4%3/10

5.4% margin — thin

P/E RatioValuation
70.2x2/10

Premium valuation, high expectations priced in

Altman Z-ScoreHealth
1.202/10

Distress zone — elevated risk

PANW4 concerns · Avg: 3.5/10
PEG RatioValuation
2.014/10

Expensive relative to growth rate

Price/BookValuation
10.8x4/10

Trading at 10.8x book value

Return on EquityProfitability
1.1%3/10

ROE of 1.1% — below average capital efficiency

Profit MarginProfitability
2.7%3/10

2.7% margin — thin

Comparative Analysis Report

WallStSmart Research

Bull Case : NCNO

The strongest argument for NCNO centers on EPS Growth, Price/Book.

Bull Case : PANW

The strongest argument for PANW centers on Market Cap, Revenue Growth, EPS Growth. Revenue growth of 34.5% demonstrates continued momentum.

Bear Case : NCNO

The primary concerns for NCNO are Return on Equity, Profit Margin, P/E Ratio. A P/E of 70.2x leaves little room for execution misses.

Bear Case : PANW

The primary concerns for PANW are PEG Ratio, Price/Book, Return on Equity. A P/E of 855.0x leaves little room for execution misses. Thin 2.7% margins leave little buffer for downturns.

Key Dynamics to Monitor

NCNO profiles as a value stock while PANW is a hypergrowth play — different risk/reward profiles.

PANW carries more volatility with a beta of 0.93 — expect wider price swings.

PANW is growing revenue faster at 34.5% — sustainability is the question.

PANW generates stronger free cash flow (1.3B), providing more financial flexibility.

Bottom Line

NCNO scores higher overall (49/100 vs 49/100). PANW offers better value entry with a 21.7% margin of safety. Both earn "Hold" and "Hold" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

nCino Inc

TECHNOLOGY · SOFTWARE - APPLICATION · USA

nCino, Inc., a software as a service company, provides cloud-based software applications for financial institutions in the United States and internationally. The company is headquartered in Wilmington, North Carolina.

Palo Alto Networks Inc

TECHNOLOGY · SOFTWARE - INFRASTRUCTURE · USA

Palo Alto Networks, Inc. provides cybersecurity platform solutions globally. The company is headquartered in Santa Clara, California.

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