(SAP) SAP SE - NYSE
Sector: Technology | Industry: Software - Application | Exchange: NYSE (USA) | Market Cap: 217.831m USD | Total Return: -42.7% in 12m
Avg Turnover: 572M
EPS Trend: 69.9%
Qual. Beats: 0
Rev. Trend: 99.0%
Qual. Beats: 0
Warnings
Below Avwap Earnings
Tailwinds
No distinct edge detected
SAP SE is a global provider of enterprise application software and business solutions, headquartered in Walldorf, Germany. The company specializes in Enterprise Resource Planning (ERP) systems, offering the SAP S/4HANA suite to manage core business functions including finance, procurement, supply chain, and human resources. Its portfolio extends to spend management, customer experience, and business process automation through the SAP Business Technology Platform.
Operating within the Application Software sub-industry, SAP utilizes a business model increasingly focused on cloud-based subscriptions and recurring revenue streams. The enterprise software sector is characterized by high switching costs for customers due to the deep integration of these platforms into daily operational workflows. SAP further expands its ecosystem through B2B collaboration networks and specialized tools for IT modernization and enterprise architecture visualization.
For a deeper dive into these metrics and valuation trends, consider reviewing the detailed data on ValueRay.
- Cloud revenue growth and S/4HANA migration drive recurring subscription income
- SAP Business AI monetization increases average revenue per enterprise customer
- Restructuring and operational efficiency programs expand non-IFRS operating margins
- Global IT spending slowdown impacts short-term enterprise software licensing demand
- European regulatory scrutiny on data privacy influences cloud infrastructure costs
| Net Income: 7.31b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.11 > 0.02 and ΔFCF/TA 4.28 > 1.0 |
| NWC/Revenue: 3.84% < 20% (prev 10.50%; Δ -6.66% < -1%) |
| CFO/TA 0.12 > 3% & CFO 8.86b > Net Income 7.31b |
| Net Debt (-293.4m) to EBITDA (12.3b): -0.02 < 3 |
| Current Ratio: 1.07 > 1.5 & < 3 |
| Outstanding Shares: last quarter (1.17b) vs 12m ago -0.76% < -2% |
| Gross Margin: 72.79% > 18% (prev 73.34%; Δ -0.55% > 0.5%) |
| Asset Turnover: 48.13% > 50% (prev 43.02%; Δ 5.11% > 0%) |
| Interest Coverage Ratio: 8.28 > 6 (EBIT TTM 11.1b / Interest Expense TTM 1.33b) |
| A: 0.02 (Total Current Assets 22.3b - Total Current Liabilities 20.8b) / Total Assets 73.5b |
| B: 0.67 (Retained Earnings 49.3b / Total Assets 73.5b) |
| C: 0.14 (EBIT TTM 11.1b / Avg Total Assets 77.6b) |
| D: 1.60 (Book Value of Equity 44.9b / Total Liabilities 28.1b) |
| Altman-Z'' = 4.95 = AAA |
| DSRI: 0.92 (Receivables 9.03b/9.19b, Revenue 37.3b/35.1b) |
| GMI: 1.01 (GM 73.34% / 72.79%) |
| AQI: 1.02 (AQ_t 0.64 / AQ_t-1 0.62) |
| SGI: 1.06 (Revenue 37.3b / 35.1b) |
| TATA: -0.02 (NI 7.31b - CFO 8.86b) / TA 73.5b) |
| Beneish M = -3.03 (Cap -4..+1) = AA |
As of June 11, 2026, the stock is trading at USD 170.30 with a total of 2,967,944 shares traded.
Over the past week, the price has changed by -4.00%,
over one month by +3.63%,
over three months by -10.24% and
over the past year by -42.70%.
SAP SE has received a consensus analysts rating of 4.31. Therefore, it is recommended to buy SAP.
- StrongBuy: 7
- Buy: 7
- Hold: 2
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 256.5 | 50.6% |
Market Cap EUR = 189b (218b USD * 0.8661 USD.EUR)
P/E Trailing = 25.5207
P/E Forward = 21.7865
P/S = 5.8334
P/B = 4.1426
P/EG = 1.6091
Revenue TTM = 37.3b EUR
EBIT TTM = 11.1b EUR
EBITDA TTM = 12.3b EUR
Long Term Debt = 4.19b EUR (from longTermDebt, last fiscal year)
Short Term Debt = 2.05b EUR (from shortTermDebt, last fiscal year)
Debt = 9.75b EUR (from shortLongTermDebtTotal, last fiscal year) + Leases 1.68b
Net Debt = -293.4m EUR (calculated: Debt 9.75b - CCE 10.0b)
Enterprise Value = 188b EUR (189b + Debt 9.75b - CCE 10.0b)
Interest Coverage Ratio = 8.28 (Ebit TTM 11.1b / Interest Expense TTM 1.33b)
EV/FCF = 23.38x (Enterprise Value 188b / FCF TTM 8.06b)
FCF Yield = 4.28% (FCF TTM 8.06b / Enterprise Value 188b)
FCF Margin = 21.58% (FCF TTM 8.06b / Revenue TTM 37.3b)
Net Margin = 19.58% (Net Income TTM 7.31b / Revenue TTM 37.3b)
Gross Margin = 72.79% ((Revenue TTM 37.3b - Cost of Revenue TTM 10.2b) / Revenue TTM)
Gross Margin QoQ = 72.98% (prev 71.42%)
Tobins Q-Ratio = 2.56 (Enterprise Value 188b / Total Assets 73.5b)
Interest Expense / Debt = 13.69% (Interest Expense 1.33b / Debt 9.75b)
Taxrate = 29.12% (3.07b / 10.5b)
NOPAT = 7.83b (EBIT 11.1b * (1 - 29.12%))
Current Ratio = 1.07 (Total Current Assets 22.3b / Total Current Liabilities 20.8b)
Debt / Equity = 0.22 (Debt 9.75b / totalStockholderEquity, last quarter 44.9b)
Debt / EBITDA = -0.02 (Net Debt -293.4m / EBITDA 12.3b)
Debt / FCF = -0.04 (Net Debt -293.4m / FCF TTM 8.06b)
Total Stockholder Equity = 43.3b (last 4 quarters mean from totalStockholderEquity)
RoA = 9.43% (Net Income 7.31b / Total Assets 73.5b)
RoE = 16.87% (Net Income TTM 7.31b / Total Stockholder Equity 43.3b)
RoCE = 23.25% (EBIT 11.1b / Capital Employed (Equity 43.3b + L.T.Debt 4.19b))
RoIC = 14.83% (NOPAT 7.83b / Invested Capital 52.8b)
WACC = 8.45% (E(189b)/V(198b) * Re(8.39%) + D(9.75b)/V(198b) * Rd(13.69%) * (1-Tc(0.29)))
Discount Rate = 8.39% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -48.89 | Cagr: -0.38%
[DCF] Terminal Value 77.63% ; FCFF base≈7.02b ; Y1≈8.05b ; Y5≈11.8b
[DCF] Fair Price = 150.2 (EV 175b - Net Debt -293.4m = Equity 175b / Shares 1.17b; r=8.45% [WACC]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 69.95 | EPS CAGR: 30.51% | SUE: 0.21 | # QB: 0
Revenue Correlation: 98.98 | Revenue CAGR: 8.04% | SUE: 0.00 | # QB: 0
EPS current Quarter (2026-06-30): EPS=2.01 | Chg30d=-0.23% | Revisions=+14% | Analysts=3
EPS next Quarter (2026-09-30): EPS=2.10 | Chg30d=+0.37% | Revisions=+14% | Analysts=3
EPS current Year (2026-12-31): EPS=8.36 | Chg30d=+2.30% | Revisions=-14% | GrowthEPS=+13.9% | GrowthRev=+9.2%
EPS next Year (2027-12-31): EPS=9.86 | Chg30d=+0.58% | Revisions=-14% | GrowthEPS=+18.0% | GrowthRev=+12.7%
[Analyst] Revisions Ratio: +14%