Valuation SAP SE Börse Stuttgart

Stocks

Real-time Estimate Tradegate Other stock markets 12:02:10 2026-07-09 EDT			5-day change	1st Jan Change
137.48 ^EUR	-0.33%		-1.64%	-34.03%

11:46am	European Stocks Head Mostly Higher in Thursday Trading; Nokia, NestAI Team Up to Build Defense Products	MT
11:16am	European Equities Traded in the US as American Depositary Receipts Rise Thursday	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	161,076	-	-
Change	-	-23.79%	44.63%	69.3%	-11.73%	-33.62%	-	-
Enterprise Value (EV) ¹	151,243	116,785	160,588	273,208	239,263	159,082	154,634	146,722
Change	-	-22.78%	37.51%	70.13%	-12.42%	-33.51%	-2.8%	-5.12%
P/E	28x	49.2x	45.7x	89.2x	33.2x	19.3x	16.5x	13.6x
PBR	3.78x	2.81x	3.78x	6.06x	5.43x	3.56x	3.29x	2.85x
PEG	-	-0.9x	0.8x	-6.8x	0x	1.4x	1x	0.6x
Capitalization / Revenue	5.29x	3.64x	5.2x	8.04x	6.59x	4.01x	3.59x	3.21x
EV / Revenue	5.43x	3.78x	5.15x	7.99x	6.5x	3.96x	3.45x	2.93x
EV / EBITDA	15.1x	11.8x	15.9x	29x	20.4x	12.4x	10.5x	8.62x
EV / EBIT	18.4x	14.5x	18.4x	33.5x	23x	13.3x	11.3x	9.28x
EV / FCF	30.2x	26.9x	29x	66.4x	29x	15.8x	13.5x	11.2x
FCF Yield	3.31%	3.72%	3.44%	1.51%	3.44%	6.33%	7.42%	8.92%
Dividend per Share ²	1.95	2.05	2.2	2.35	-	2.68	3.045	3.451
Rate of return	1.56%	2.13%	1.58%	0.99%	-	1.94%	2.21%	2.5%
EPS ²	4.46	1.96	3.05	2.65	6.28	7.151	8.358	10.14
Distribution rate	43.7%	105%	72.1%	88.7%	-	37.5%	36.4%	34%
Net sales ¹	27,842	30,871	31,207	34,176	36,800	40,165	44,823	50,102
EBITDA ¹	10,005	9,929	10,094	9,433	11,730	12,865	14,754	17,030
EBIT ¹	8,230	8,033	8,721	8,153	10,419	11,927	13,720	15,812
Net income ¹	5,383	1,714	3,564	3,124	7,492	8,016	9,283	11,007
Net Debt ¹	3,914	4,509	-1,792	-1,695	-3,381	-1,994	-6,443	-14,354
Reference price ²	124.90	96.39	139.48	236.30	208.35	137.96	137.96	137.96
Nbr of stocks (in thousands)	1,179,579	1,164,814	1,164,184	1,163,363	1,164,600	1,167,559	-	-
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.($)
ORACLE CORPORATION	21.99x	6.02x	10.63x	1.44%	405B
SERVICENOW, INC.	54.18x	6.43x	17.67x	-.--%	111B
CONSTELLATION SOFTWARE INC.	33.13x	3.14x	11.32x	0.2%	41.66B
STRATEGY INC	6.28x	78.32x	663.42x	-.--%	33B
FAIR ISAAC CORPORATION	33.4x	12.95x	21.1x	-.--%	29.36B
TOAST, INC.	32.14x	1.95x	17.78x	-.--%	16.56B
TRIMBLE, INC.	23.33x	3.34x	11.24x	-	12.22B
GUIDEWIRE SOFTWARE, INC.	76.9x	7.35x	31.49x	-.--%	11.3B
HUBSPOT, INC.	52.61x	2.22x	9.07x	-.--%	10.13B
Average	37.11x	13.52x	88.19x	0.21%	74.45B
Weighted average by Cap.	29.41x	9.59x	44.97x	0.9%