INFY vs. SAP: Infosys vs. SAP Stock Comparison
How do Infosys (INFY) and SAP (SAP) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Infosys (INFY) and SAP (SAP) both fall under the Software & Services industry group, but INFY is classified in IT Services while SAP is classified in Software.
Both Infosys (INFY) and SAP (SAP) trade as ADRs — their core financials are comparable, but keep FX, depositary-program fees, and dividend withholding in view for each.
| Profile Item | INFY | SAP |
|---|---|---|
| Name | Infosys Ltd. ADR | SAP SE Sponsored ADR |
| Country/Region | India | Germany |
| GICS Sector | Information Technology | Information Technology |
| GICS Industry Group | Software & Services | Software & Services |
| GICS Industry | IT Services | Software |
| GICS Sub-Industry | IT Consulting & Other Services | Application Software |
| Market Capitalization | 50.63 billion USD | 269.45 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | March 11, 1999 | September 18, 1995 |
| Security Type | ADR | ADR |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | INFY | SAP |
|---|---|---|
| Total Return (1Y) | -23.13% | -3.87% |
| Total Return (3Y, Annualized) | -6.27% | 20.21% |
| Total Return (5Y, Annualized) | -9.51% | 11.79% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | INFY | SAP |
|---|---|---|
| Volatility (1Y, Annualized) | 42.11% | 39.05% |
| Beta (5Y) | 0.87 | 1.09 |
| Max Drawdown (5Y) | -54.40% | -52.26% |
| Avg. Volume (3M) | 18.20M | 2.27M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | INFY | SAP |
|---|---|---|
| Sharpe Ratio (1Y) | -0.65 | -0.21 |
| Sortino Ratio (1Y) | -0.91 | -0.29 |
Profitability
ROE (TTM)
Both Infosys (INFY) at 29.95% and SAP (SAP) at 18.18% sit in the top peer quartile for ROE, suggesting each generates more profit from shareholders’ equity than typical industry peers.
INFY
Software & Services industry group
29.95%
- Max
- 53.85%
- INFY
- 29.95%
- Q3
- 17.90%
- Median
- 6.59%
- Q1
- -9.59%
- Min
- -50.52%
SAP
Software & Services industry group
18.18%
- Max
- 53.85%
- SAP
- 18.18%
- Q3
- 17.90%
- Median
- 6.59%
- Q1
- -9.59%
- Min
- -50.52%
Net Margin (TTM)
For every dollar of sales, both Infosys (INFY) at 16.22% and SAP (SAP) at 20.41% retain more as net profit than most peers, landing in the top net margin quartile of their industries.
INFY
Software & Services industry group
16.22%
- Max
- 41.17%
- INFY
- 16.22%
- Q3
- 15.28%
- Median
- 4.63%
- Q1
- -5.42%
- Min
- -33.17%
SAP
Software & Services industry group
20.41%
- Max
- 41.17%
- SAP
- 20.41%
- Q3
- 15.28%
- Median
- 4.63%
- Q1
- -5.42%
- Min
- -33.17%
Operating Margin (TTM)
Both Infosys (INFY) at 20.97% and SAP (SAP) at 29.50% convert sales into operating profit at a top-quartile rate, pointing to tighter cost discipline before financing and tax.
INFY
Software & Services industry group
20.97%
- Max
- 46.89%
- INFY
- 20.97%
- Q3
- 17.64%
- Median
- 8.73%
- Q1
- -2.13%
- Min
- -30.45%
SAP
Software & Services industry group
29.50%
- Max
- 46.89%
- SAP
- 29.50%
- Q3
- 17.64%
- Median
- 8.73%
- Q1
- -2.13%
- Min
- -30.45%
Profitability Metrics
| Metric | INFY | SAP |
|---|---|---|
| ROE (TTM) | 29.95% | 18.18% |
| ROA (TTM) | 16.15% | 9.91% |
| Net Margin (TTM) | 16.22% | 20.41% |
| Operating Margin (TTM) | 20.97% | 29.50% |
| Gross Margin (TTM) | 29.75% | 73.58% |
Growth
Revenue Growth
SAP (SAP) at 7.68% is around its peer norm for revenue growth, while Infosys (INFY) at 4.57% drops into the bottom quartile, signaling weaker demand or pricing momentum.
EPS Growth
SAP (SAP) at 130.19% sits in the top EPS growth quartile, while Infosys (INFY) at 5.26% is closer to the peer norm — faster per-share earnings growth for SAP.
Growth Metrics
| Metric | INFY | SAP |
|---|---|---|
| Revenue Growth (YoY) | 4.57% | 7.68% |
| Revenue Growth (3Y CAGR) | 3.44% | 7.63% |
| EPS Growth (YoY) | 5.26% | 130.19% |
| EPS Growth (3Y CAGR) | 4.06% | 46.25% |
Financial Strength
Current Ratio (MRQ)
Both Infosys (INFY) at 1.97 and SAP (SAP) at 1.16 carry current ratio within their industries’ typical mid-ranges, suggesting balanced short-term liquidity relative to peers.
INFY
Software & Services industry group
1.97
- Max
- 5.11
- Q3
- 2.77
- INFY
- 1.97
- Median
- 1.67
- Q1
- 1.01
- Min
- 0.03
SAP
Software & Services industry group
1.16
- Max
- 5.11
- Q3
- 2.77
- Median
- 1.67
- SAP
- 1.16
- Q1
- 1.01
- Min
- 0.03
Debt / Equity (MRQ)
Both Infosys (INFY) at 0.09 and SAP (SAP) at 0.23 fund their balance sheets with roughly industry-typical debt-to-equity mixes.
INFY
Software & Services industry group
0.09
- Max
- 2.52
- Q3
- 1.13
- Median
- 0.40
- INFY
- 0.09
- Q1
- 0.07
- Min
- 0.00
SAP
Software & Services industry group
0.23
- Max
- 2.52
- Q3
- 1.13
- Median
- 0.40
- SAP
- 0.23
- Q1
- 0.07
- Min
- 0.00
Financial Strength Metrics
| Metric | INFY | SAP |
|---|---|---|
| Current Ratio (MRQ) | 1.97 | 1.16 |
| Debt / Equity (MRQ) | 0.09 | 0.23 |
| Net Debt / EBITDA | -0.63 | -0.03 |
Dividends
Dividend Yield (TTM)
Both Infosys (INFY) at 4.14% and SAP (SAP) at 1.03% yield above their industries’ entire benchmark ranges — high enough that dividend safety, not income, becomes the first question.
INFY
Software & Services industry group
4.14%
- INFY
- 4.14%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
SAP
Software & Services industry group
1.03%
- SAP
- 1.03%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Both Infosys (INFY) at 65.45% and SAP (SAP) at 36.45% pay out more of their earnings than any of their industry peers — the thinnest cover in their groups, so dividend headroom deserves attention.
INFY
Software & Services industry group
65.45%
- INFY
- 65.45%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
SAP
Software & Services industry group
36.45%
- SAP
- 36.45%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | INFY | SAP |
|---|---|---|
| Dividend Yield (TTM) | 4.14% | 1.03% |
| Dividend Payout Ratio (TTM) | 65.45% | 36.45% |
Valuation
P/E Ratio (TTM)
Infosys (INFY) at 15.43 sits in the cheaper P/E ratio quartile, while SAP (SAP) at 29.07 is closer to its industry’s usual earnings multiple — a discount for INFY, though growth and earnings durability still matter.
INFY
Software & Services industry group
15.43
- Max
- 112.94
- Q3
- 60.32
- Median
- 32.91
- Q1
- 18.77
- INFY
- 15.43
- Min
- 6.69
SAP
Software & Services industry group
29.07
- Max
- 112.94
- Q3
- 60.32
- Median
- 32.91
- SAP
- 29.07
- Q1
- 18.77
- Min
- 6.69
P/S Ratio (TTM)
On P/S ratio, both Infosys (INFY) at 2.49 and SAP (SAP) at 6.84 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.
INFY
Software & Services industry group
2.49
- Max
- 17.91
- Q3
- 8.78
- Median
- 4.25
- INFY
- 2.49
- Q1
- 2.23
- Min
- 0.02
SAP
Software & Services industry group
6.84
- Max
- 17.91
- Q3
- 8.78
- SAP
- 6.84
- Median
- 4.25
- Q1
- 2.23
- Min
- 0.02
P/B Ratio (MRQ)
Both look rich against book: Infosys (INFY) at 9.80 sits in the upper P/B ratio quartile, and SAP (SAP) at 73.25 prices even higher, above its industry range.
INFY
Software & Services industry group
9.80
- Max
- 16.63
- INFY
- 9.80
- Q3
- 8.50
- Median
- 4.30
- Q1
- 1.92
- Min
- -3.90
SAP
Software & Services industry group
73.25
- SAP
- 73.25
- Max
- 16.63
- Q3
- 8.50
- Median
- 4.30
- Q1
- 1.92
- Min
- -3.90
Valuation Metrics
| Metric | INFY | SAP |
|---|---|---|
| P/E Ratio (TTM) | 15.43 | 29.07 |
| P/S Ratio (TTM) | 2.49 | 6.84 |
| P/B Ratio (MRQ) | 9.80 | 73.25 |
| Free Cash Flow Yield (TTM) | 6.52% | 3.73% |