Valuation SAP SE Bulgaria S.E.

Stocks

Real-time Estimate Tradegate 15:59:59 2026-10-08 EDT			5-day change	1st Jan Change
188.93 ^EUR	+1.23%		0.00%	-10.42%

05:25am	SAP SE : UBS remains Neutral	ZD
10-07	European Stocks Close Mostly Lower in Wednesday Trading Amid Higher Bond Yields, Oil Prices, Middle East Conflict	MT

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	216,551	-	-
Change	-	-23.79%	44.63%	69.3%	-11.73%	-10.75%	-	-
Enterprise Value (EV) ¹	151,243	116,785	160,588	273,208	239,263	214,572	211,869	204,222
Change	-	-22.78%	37.51%	70.13%	-12.42%	-10.32%	-1.26%	-3.61%
P/E	28x	49.2x	45.7x	89.2x	33.2x	26.6x	23x	19.6x
PBR	3.78x	2.81x	3.78x	6.06x	5.43x	4.64x	4.31x	3.81x
PEG	-	-0.9x	0.8x	-6.8x	0x	2.1x	1.5x	1.1x
Capitalization / Revenue	5.29x	3.64x	5.2x	8.04x	6.59x	5.38x	4.81x	4.3x
EV / Revenue	5.43x	3.78x	5.15x	7.99x	6.5x	5.33x	4.71x	4.05x
EV / EBITDA	15.1x	11.8x	15.9x	29x	20.4x	16.8x	14.4x	12.2x
EV / EBIT	18.4x	14.5x	18.4x	33.5x	23x	18.3x	15.7x	13.2x
EV / FCF	30.2x	26.9x	29x	66.4x	29x	21.4x	18.6x	16x
FCF Yield	3.31%	3.72%	3.44%	1.51%	3.44%	4.67%	5.37%	6.26%
Dividend per Share ²	1.95	2.05	2.2	2.35	2.5	2.679	3.004	3.389
Rate of return	1.56%	2.13%	1.58%	0.99%	1.2%	1.43%	1.6%	1.81%
EPS ²	4.46	1.96	3.05	2.65	6.28	7.065	8.143	9.576
Distribution rate	43.7%	105%	72.1%	88.7%	39.8%	37.9%	36.9%	35.4%
Net sales ¹	27,842	30,871	31,207	34,176	36,800	40,264	44,991	50,368
EBITDA ¹	10,005	9,929	10,094	9,433	11,730	12,772	14,676	16,801
EBIT ¹	8,230	8,033	8,721	8,153	10,419	11,722	13,520	15,503
Net income ¹	5,383	1,714	3,564	3,124	7,492	8,190	9,225	10,850
Net Debt ¹	3,914	4,509	-1,792	-1,695	-3,381	-1,979	-4,682	-12,329
Reference price ²	124.90	96.39	139.48	236.30	208.35	187.62	187.62	187.62
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 (N)	EV / Sales (N)	EV / EBITDA (N)	Dividend Yield (N)	Capi.($)
MICROSOFT CORPORATION	26.87x	9.92x	16.21x	0.73%	3,934B
PALANTIR TECHNOLOGIES INC.	125.05x	55.35x	90.13x	-.--%	466B
ORACLE CORPORATION	21.61x	6.11x	10.63x	1.39%	435B
PALO ALTO NETWORKS, INC.	257.32x	22.97x	67.26x	-.--%	332B
CROWDSTRIKE HOLDINGS, INC.	2654.4x	44.49x	145.51x	-.--%	272B
SAP SE	26.56x	5.33x	16.8x	1.43%	242B
SERVICENOW, INC.	89.25x	8.67x	23.2x	-.--%	143B
FORTINET, INC.	61.21x	16.52x	43.52x	-.--%	139B
DATADOG, INC.	484.75x	20.77x	82.11x	-.--%	97.43B
Average	416.34x	21.13x	55.04x	0.39%	673.42B
Weighted average by Cap.	174.35x	15.52x	31.98x	0.63%