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SAP (SAP) Stock Analysis

Here is a fundamental analysis of SAP (SAP), benchmarking its profitability, financial strength, dividend and valuation against its industry group peers.

Performance

Cumulative Growth

SAP
GSPC
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SAP (SAP) vs. S&P 500 (GSPC): Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for SAP (SAP) and S&P 500 (GSPC). Returns over one year are annualized.

Performance at a Glance

SAP (SAP) metric values compared with Software & Services industry-group medians
MetricCurrent stock: SAPIndustry group median
1-Year Return-44.64%-18.34%

Risk

Drawdown

SAP
GSPC
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SAP (SAP) vs. S&P 500 (GSPC): Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Risk at a Glance

SAP (SAP) metric values compared with Software & Services industry-group medians
MetricCurrent stock: SAPIndustry group median
1-Year Volatility34.33%58.21%
Beta1.141.14

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.

Company profile fields for SAP (SAP)
Profile ItemSAP
NameSAP SE Sponsored ADR
Country/RegionGermany
GICS SectorInformation Technology
GICS Industry GroupSoftware & Services
GICS IndustrySoftware
GICS Sub-IndustryApplication Software
Market Capitalization193.56 billion USD
CurrencyUSD
ExchangeNYSE
Listing DateSeptember 18, 1995
Security TypeADR

Valuation

Price-to-Earnings Ratio (TTM)

SAP (SAP) trades at P/E ratio of 22.83, 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

22.83

Group distribution
Max
106.12
Q3
56.70
Median
30.10
SAP
22.83
Q1
15.65
Min
0.39
Largest peers
PANW
243.15
PLTR
143.81
ORCL
31.53
IBM
24.09
MSFT
23.29
SAP
22.83
CRWD
--
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Where SAP (SAP) stands on P/E ratio within its Software & Services peer group — the box is the group’s distribution and the dots its largest members.

Price-to-Sales Ratio (TTM)

SAP (SAP) trades at 5.18 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

5.18

Group distribution
Max
18.75
Q3
8.80
SAP
5.18
Median
3.97
Q1
2.05
Min
0.02
Largest peers
PLTR
58.73
CRWD
34.12
PANW
21.49
MSFT
9.12
ORCL
7.86
SAP
5.18
IBM
3.71
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Where SAP (SAP) stands on P/S ratio within its Software & Services peer group — the box is the group’s distribution and the dots its largest members.

Price-to-Book Ratio (MRQ)

SAP (SAP) trades at 3.66 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

3.66

Group distribution
Max
16.52
Q3
8.04
Median
3.96
SAP
3.66
Q1
1.96
Min
-6.70
Largest peers
CRWD
37.51
PLTR
36.31
ORCL
15.78
PANW
8.22
IBM
7.76
MSFT
7.01
SAP
3.66
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Where SAP (SAP) stands on P/B ratio within its Software & Services peer group — the box is the group’s distribution and the dots its largest members.

Valuation at a Glance

SAP (SAP) metric values compared with Software & Services industry-group medians
MetricCurrent stock: SAPIndustry group median
Price-to-Earnings Ratio (TTM)22.8330.10
Price-to-Sales Ratio (TTM)5.183.97
Price-to-Book Ratio (MRQ)3.663.96
Free Cash Flow Yield4.21%4.68%

Profitability

Return on Equity (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
16.49%
SAP
16.35%
Median
5.29%
Q1
-13.69%
Min
-58.43%
Largest peers
ORCL
53.38%
IBM
35.77%
MSFT
34.01%
PLTR
32.59%
SAP
16.35%
PANW
4.83%
CRWD
-0.25%
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Where SAP (SAP) stands on ROE within its Software & Services peer group — the box is the group’s distribution and the dots its largest members.

Net Profit 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
14.93%
Median
3.32%
Q1
-6.49%
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%
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Where SAP (SAP) stands on net margin within its Software & Services peer group — the box is the group’s distribution and the dots its largest members.

Operating Profit 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
60.45%
SAP
30.03%
Q3
16.49%
Median
4.46%
Q1
-12.92%
Min
-54.21%
Largest peers
MSFT
46.33%
PLTR
46.18%
ORCL
36.26%
SAP
30.03%
IBM
13.81%
CRWD
-2.21%
PANW
-2.47%
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Where SAP (SAP) stands on operating margin within its Software & Services peer group — the box is the group’s distribution and the dots its largest members.

Profitability at a Glance

SAP (SAP) metric values compared with Software & Services industry-group medians
MetricCurrent stock: SAPIndustry group median
Return on Equity (TTM)16.35%5.29%
Return on Assets (TTM)9.08%1.62%
Net Profit Margin (TTM)19.58%3.32%
Operating Profit Margin (TTM)30.03%4.46%
Gross Profit Margin (TTM)73.72%68.69%

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
1.73
SAP
1.07
Q1
1.07
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
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Where SAP (SAP) stands on current ratio within its Software & Services peer group — the box is the group’s distribution and the dots its largest members.

Debt-to-Equity Ratio (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
2.31
Q3
1.06
Median
0.32
SAP
0.17
Q1
0.06
Min
0.00
Largest peers
ORCL
3.63
IBM
2.11
MSFT
0.30
CRWD
0.18
SAP
0.17
PANW
0.08
PLTR
0.02
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Where SAP (SAP) stands on debt-to-equity ratio within its Software & Services peer group — the box is the group’s distribution and the dots its largest members.

Financial Strength at a Glance

SAP (SAP) metric values compared with Software & Services industry-group medians
MetricCurrent stock: SAPIndustry group median
Current Ratio (MRQ)1.071.73
Debt-to-Equity Ratio (MRQ)0.170.32
Net Debt / EBITDA-0.19-0.09

Dividends

Dividend Yield (TTM)

SAP (SAP) has dividend yield of 1.78%, 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

1.78%

Group distribution
SAP
1.78%
Max
0.00%
Q3
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%
Largest peers
IBM
2.48%
SAP
1.78%
ORCL
1.09%
MSFT
0.93%
PLTR
0.00%
PANW
0.00%
CRWD
0.00%
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Where SAP (SAP) stands on dividend yield within its Software & Services peer group — the box is the group’s distribution and the dots its largest members.

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%
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Where SAP (SAP) stands on payout ratio within its Software & Services peer group — the box is the group’s distribution and the dots its largest members.

Dividends at a Glance

SAP (SAP) metric values compared with Software & Services industry-group medians
MetricCurrent stock: SAPIndustry group median
Dividend Yield (TTM)1.78%0.00%
Dividend Payout Ratio (TTM)37.15%0.00%