SAP (SAP) Stock Analysis
This is a peer-relative look at SAP (SAP): its performance, risk, profitability, growth, financial strength, dividend, and valuation are each measured against its Software & Services peers, so every number reads in context rather than in isolation.
Company Profile
SAP (SAP) trades as an ADR rather than ordinary local shares — read it with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.
| Profile Item | SAP |
|---|---|
| Name | SAP SE Sponsored ADR |
| Country/Region | Germany |
| GICS Sector | Information Technology |
| GICS Industry Group | Software & Services |
| GICS Industry | Software |
| GICS Sub-Industry | Application Software |
| Market Capitalization | 181.96 billion USD |
| Currency | USD |
| Exchange | NYSE |
| Listing Date | September 18, 1995 |
| Security Type | ADR |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | Current stock: SAP | Industry group median |
|---|---|---|
| Total Return (1Y) | -48.90% | -16.02% |
| Total Return (3Y, Annualized) | 6.18% | -0.06% |
| Total Return (5Y, Annualized) | 3.87% | -8.49% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | Current stock: SAP | Industry group median |
|---|---|---|
| Volatility (1Y, Annualized) | 35.69% | 59.05% |
| Beta (5Y) | 1.14 | 1.12 |
| Max Drawdown (5Y) | -51.71% | -77.02% |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | Current stock: SAP | Industry group median |
|---|---|---|
| Sharpe Ratio (1Y) | -1.48 | -0.37 |
| Sortino Ratio (1Y) | -1.84 | -0.54 |
Profitability
ROE (TTM)
SAP (SAP) posts ROE of 16.35%, roughly around the peer group’s normal range. Shareholders’ equity is producing a return that looks broadly typical for the industry.
SAP
Software & Services industry group
16.35%
Group distribution
- Max
- 53.38%
- Q3
- 16.62%
- SAP
- 16.35%
- Median
- 5.48%
- Q1
- -12.77%
- Min
- -55.27%
Largest peers
- ORCL
- 53.38%
- IBM
- 35.77%
- MSFT
- 34.01%
- PLTR
- 32.59%
- SAP
- 16.35%
- PANW
- 4.83%
- CRWD
- -0.25%
Net Margin (TTM)
SAP (SAP) keeps 19.58% of revenue as net profit, putting net margin in the upper peer quartile. After operating costs, interest, and taxes, more of each sales dollar reaches shareholders than it does at most industry peers.
SAP
Software & Services industry group
19.58%
Group distribution
- Max
- 44.20%
- SAP
- 19.58%
- Q3
- 15.06%
- Median
- 3.70%
- Q1
- -5.19%
- Min
- -34.99%
Largest peers
- PLTR
- 43.67%
- MSFT
- 39.34%
- ORCL
- 25.37%
- SAP
- 19.58%
- IBM
- 15.61%
- PANW
- 7.95%
- CRWD
- -0.60%
Operating Margin (TTM)
SAP (SAP) turns 30.03% of revenue into operating profit, putting operating margin in the upper peer quartile. Before financing and taxes enter the picture, the day-to-day business keeps more of each sales dollar than most industry peers.
SAP
Software & Services industry group
30.03%
Group distribution
- Max
- 46.97%
- SAP
- 30.03%
- Q3
- 16.51%
- Median
- 5.70%
- Q1
- -9.95%
- Min
- -43.35%
Largest peers
- MSFT
- 46.33%
- PLTR
- 46.18%
- ORCL
- 36.20%
- SAP
- 30.03%
- IBM
- 13.81%
- CRWD
- -2.21%
- PANW
- -2.47%
Profitability Metrics
| Metric | Current stock: SAP | Industry group median |
|---|---|---|
| ROE (TTM) | 16.35% | 5.48% |
| ROA (TTM) | 9.08% | 1.72% |
| Net Margin (TTM) | 19.58% | 3.70% |
| Operating Margin (TTM) | 30.03% | 5.70% |
| Gross Margin (TTM) | 73.72% | 69.39% |
Growth
Revenue Growth
SAP (SAP) grew revenue 7.68%, roughly around the peer group's normal range. Top-line momentum looks broadly typical for the industry.
EPS Growth
SAP (SAP) grew earnings per share 130.19%, in the upper peer quartile. Per-share profits are compounding faster than at most industry peers.
Growth Metrics
| Metric | Current stock: SAP | Industry group median |
|---|---|---|
| Revenue Growth (YoY) | 7.68% | 14.27% |
| Revenue Growth (3Y CAGR) | 7.63% | 13.51% |
| EPS Growth (YoY) | 130.19% | 7.85% |
| EPS Growth (3Y CAGR) | 46.25% | 18.25% |
Financial Strength
Current Ratio (MRQ)
SAP (SAP) has current ratio of 1.07, in the healthier middle range for its industry. The short-term asset cushion looks balanced relative to peers rather than stretched thin.
SAP
Software & Services industry group
1.07
Group distribution
- Max
- 5.55
- Q3
- 2.88
- Median
- 1.70
- SAP
- 1.07
- Q1
- 1.06
- Min
- 0.03
Largest peers
- PLTR
- 6.91
- CRWD
- 1.53
- MSFT
- 1.28
- ORCL
- 1.12
- SAP
- 1.07
- PANW
- 0.86
- IBM
- 0.80
Debt / Equity (MRQ)
SAP (SAP) has debt-to-equity ratio of 0.17, roughly in line with the peer group’s normal leverage range. Its mix of debt and equity looks typical for the industry.
SAP
Software & Services industry group
0.17
Group distribution
- Max
- 2.62
- Q3
- 1.10
- Median
- 0.31
- SAP
- 0.17
- Q1
- 0.06
- Min
- 0.00
Largest peers
- ORCL
- 3.89
- IBM
- 2.11
- MSFT
- 0.30
- CRWD
- 0.18
- SAP
- 0.17
- PANW
- 0.08
- PLTR
- 0.02
Financial Strength Metrics
| Metric | Current stock: SAP | Industry group median |
|---|---|---|
| Current Ratio (MRQ) | 1.07 | 1.70 |
| Debt / Equity (MRQ) | 0.17 | 0.31 |
| Net Debt / EBITDA | -0.19 | -0.10 |
Dividends
Dividend Yield (TTM)
SAP (SAP) has dividend yield of 1.58%, above the entire industry range. That headline income is large, but yields this far above peers often come from a falling share price or an at-risk payout, so dividend safety matters more than the percentage itself.
SAP
Software & Services industry group
1.58%
Group distribution
- SAP
- 1.58%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Largest peers
- IBM
- 3.15%
- ORCL
- 1.65%
- SAP
- 1.58%
- MSFT
- 0.88%
- PLTR
- 0.00%
- PANW
- 0.00%
- CRWD
- 0.00%
Dividend Payout Ratio (TTM)
SAP (SAP) has payout ratio of 37.15%, above the peer distribution for its industry. The dividend consumes more reported earnings than peers normally do, leaving unusually thin earnings cover.
SAP
Software & Services industry group
37.15%
Group distribution
- SAP
- 37.15%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Largest peers
- IBM
- 59.47%
- SAP
- 37.15%
- ORCL
- 34.31%
- MSFT
- 20.73%
- PLTR
- 0.00%
- PANW
- 0.00%
- CRWD
- 0.00%
Dividend Metrics
| Metric | Current stock: SAP | Industry group median |
|---|---|---|
| Dividend Yield (TTM) | 1.58% | 0.00% |
| Dividend Payout Ratio (TTM) | 37.15% | 0.00% |
Valuation
P/E Ratio (TTM)
SAP (SAP) trades at P/E ratio of 22.27, near the industry’s usual earnings multiple. The stock is not showing a clear peer discount or premium on trailing earnings.
SAP
Software & Services industry group
22.27
Group distribution
- Max
- 122.10
- Q3
- 63.18
- Median
- 31.83
- SAP
- 22.27
- Q1
- 16.77
- Min
- 0.43
Largest peers
- PANW
- 302.79
- PLTR
- 150.75
- MSFT
- 23.70
- SAP
- 22.27
- ORCL
- 20.83
- IBM
- 18.83
- CRWD
- --
P/S Ratio (TTM)
SAP (SAP) trades at 4.87 on P/S ratio, roughly in the peer group’s normal range. The market is not making a strong cheap-or-rich statement about its revenue base.
SAP
Software & Services industry group
4.87
Group distribution
- Max
- 18.71
- Q3
- 8.98
- SAP
- 4.87
- Median
- 4.08
- Q1
- 2.15
- Min
- 0.02
Largest peers
- PLTR
- 60.88
- CRWD
- 38.21
- PANW
- 26.29
- MSFT
- 9.28
- ORCL
- 5.43
- SAP
- 4.87
- IBM
- 2.87
P/B Ratio (MRQ)
SAP (SAP) trades at 3.45 on P/B ratio, roughly in line with the industry’s normal price-to-book range. Its balance sheet is not being priced at a clear discount or premium versus peers.
SAP
Software & Services industry group
3.45
Group distribution
- Max
- 16.97
- Q3
- 8.89
- Median
- 4.00
- SAP
- 3.45
- Q1
- 1.93
- Min
- -8.32
Largest peers
- CRWD
- 42.00
- PLTR
- 37.63
- PANW
- 10.05
- ORCL
- 9.74
- MSFT
- 7.13
- IBM
- 6.00
- SAP
- 3.45
Valuation Metrics
| Metric | Current stock: SAP | Industry group median |
|---|---|---|
| P/E Ratio (TTM) | 22.27 | 31.83 |
| P/S Ratio (TTM) | 4.87 | 4.08 |
| P/B Ratio (MRQ) | 3.45 | 4.00 |
| Free Cash Flow Yield (TTM) | 4.48% | 4.41% |