Valuation SAP SE Bulgaria S.E.

Stocks

End-of-day quote Bulgaria S.E. Other stock markets 2026-08-03			5-day change	1st Jan Change
168.00 ^EUR	+20.86%		+20.86%	-19.37%

08-05	SAP CEO on AI overhaul: 'They all want to beat us'	DP
08-05	SAP: Strong results reinforce our conviction

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Market Cap ¹	147,329	112,276	162,380	274,903	242,644	195,360	-	-
Change	-	-23.79%	44.63%	69.3%	-11.73%	-19.49%	-	-
Enterprise Value (EV) ¹	151,243	116,785	160,588	273,208	239,263	193,274	190,098	181,842
Change	-	-22.78%	37.51%	70.13%	-12.42%	-19.22%	-1.64%	-4.34%
P/E	28x	49.2x	45.7x	89.2x	33.2x	24x	20.8x	17.7x
PBR	3.78x	2.81x	3.78x	6.06x	5.43x	4.22x	3.94x	3.49x
PEG	-	-0.9x	0.8x	-6.8x	0x	2x	1.3x	1x
Capitalization / Revenue	5.29x	3.64x	5.2x	8.04x	6.59x	4.85x	4.34x	3.87x
EV / Revenue	5.43x	3.78x	5.15x	7.99x	6.5x	4.8x	4.22x	3.6x
EV / EBITDA	15.1x	11.8x	15.9x	29x	20.4x	15x	12.8x	10.7x
EV / EBIT	18.4x	14.5x	18.4x	33.5x	23x	16.4x	14x	11.7x
EV / FCF	30.2x	26.9x	29x	66.4x	29x	19.1x	16.5x	13.9x
FCF Yield	3.31%	3.72%	3.44%	1.51%	3.44%	5.23%	6.05%	7.2%
Dividend per Share ²	1.95	2.05	2.2	2.35	2.5	2.675	3.005	3.404
Rate of return	1.56%	2.13%	1.58%	0.99%	1.2%	1.58%	1.78%	2.01%
EPS ²	4.46	1.96	3.05	2.65	6.28	7.046	8.145	9.579
Distribution rate	43.7%	105%	72.1%	88.7%	39.8%	38%	36.9%	35.5%
Net sales ¹	27,842	30,871	31,207	34,176	36,800	40,258	45,022	50,448
EBITDA ¹	10,005	9,929	10,094	9,433	11,730	12,864	14,839	17,052
EBIT ¹	8,230	8,033	8,721	8,153	10,419	11,751	13,579	15,606
Net income ¹	5,383	1,714	3,564	3,124	7,492	8,183	9,219	10,776
Net Debt ¹	3,914	4,509	-1,792	-1,695	-3,381	-2,086	-5,262	-13,518
Reference price ²	124.90	96.39	139.48	236.30	208.35	169.26	169.26	169.26
Nbr of stocks (in thousands)	1,179,579	1,164,814	1,164,184	1,163,363	1,164,600	1,154,200	-	-
Announcement Date	1/27/22	1/26/23	1/23/24	1/28/25	1/29/26	-	-	-

¹EUR in Million²EUR

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
ORACLE CORPORATION	22.65x	6.19x	11.06x	1.41%	420B
SERVICENOW, INC.	76.47x	7.43x	19.88x	-.--%	122B
CONSTELLATION SOFTWARE INC.	38.47x	3.66x	13.21x	0.17%	48.59B
STRATEGY INC	-620.39x	81.52x	700.34x	-.--%	37.52B
FAIR ISAAC CORPORATION	27.74x	10.97x	17.91x	-.--%	22.61B
TOAST, INC.	37.1x	2.34x	21.41x	-.--%	19.6B
TRIMBLE, INC.	26.49x	3.79x	12.76x	-	13.94B
GUIDEWIRE SOFTWARE, INC.	91.65x	8.73x	37.43x	-.--%	13.35B
HUBSPOT, INC.	66.37x	2.93x	11.94x	-.--%	12.75B
Average	-25.94x	14.17x	94.00x	0.2%	78.92B
Weighted average by Cap.	1.74x	10.20x	50.18x	0.86%