MSTR vs. SAP: Strategy vs. SAP Stock Comparison
How do Strategy (MSTR) 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
Strategy (MSTR) and SAP (SAP) are both classified in the Application Software sub-industry within the broader Software industry, placing them in the closest GICS peer bucket.
Strategy (MSTR) trades as ordinary local shares, while SAP (SAP) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.
| Profile Item | MSTR | SAP |
|---|---|---|
| Name | Strategy Inc. | SAP SE Sponsored ADR |
| Country/Region | United States | Germany |
| GICS Sector | Information Technology | Information Technology |
| GICS Industry Group | Software & Services | Software & Services |
| GICS Industry | Software | Software |
| GICS Sub-Industry | Application Software | Application Software |
| Market Capitalization | 29.45 billion USD | 182.84 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | NYSE |
| Listing Date | June 11, 1998 | September 18, 1995 |
| Security Type | Common Stock | ADR |
Price Performance
Cumulative Growth
Trailing Returns
Performance Metrics
| Metric | MSTR | SAP |
|---|---|---|
| Total Return (1Y) | -78.70% | -46.61% |
Risk Profile
Drawdown History
Strategy (MSTR) carries a highly aggressive beta of 3.60, indicating much higher sensitivity to broad-market moves, whereas SAP (SAP) is closer to market-like at 1.16 — a noticeable difference in market-sensitivity profile.
Risk Metrics
| Metric | MSTR | SAP |
|---|---|---|
| Volatility (1Y, Annualized) | 73.18% | 35.10% |
| Beta (5Y) | 3.60 | 1.16 |
| Avg. Volume (3M) | 19.82M | 3.41M |
Risk-Adjusted Performance
Risk-Return Positioning
Profitability
ROE (TTM)
Strategy (MSTR) reports a negative ROE of -30.76%; negative ROE can reflect losses or negative shareholders’ equity, so it is harder to read as capital efficiency. Meanwhile SAP (SAP) reports 16.35%, ranking against industry peers normally.
MSTR
Software & Services industry group
-30.76%
- Max
- 53.38%
- Q3
- 16.53%
- Median
- 5.38%
- Q1
- -13.43%
- MSTR
- -30.76%
- Min
- -55.27%
SAP
Software & Services industry group
16.35%
- Max
- 53.38%
- Q3
- 16.53%
- SAP
- 16.35%
- Median
- 5.38%
- Q1
- -13.43%
- Min
- -55.27%
Net Margin (TTM)
SAP (SAP) at 19.58% retains a top-quartile share of revenue as profit, ahead of Strategy (MSTR) at 0.00%, which keeps about the industry-typical share.
MSTR
Software & Services industry group
0.00%
- Max
- 44.20%
- Q3
- 14.93%
- Median
- 3.32%
- MSTR
- 0.00%
- Q1
- -5.99%
- Min
- -34.99%
SAP
Software & Services industry group
19.58%
- Max
- 44.20%
- SAP
- 19.58%
- Q3
- 14.93%
- Median
- 3.32%
- Q1
- -5.99%
- Min
- -34.99%
Operating Margin (TTM)
Strategy (MSTR) reports a negative operating margin of -11,641.53%, usually indicating that operating costs exceeded revenue at the operating-income line. Meanwhile SAP (SAP) reports 30.03%, ranking against industry peers normally.
MSTR
Software & Services industry group
-11,641.53%
- Max
- 60.45%
- Q3
- 16.49%
- Median
- 4.46%
- Q1
- -12.92%
- Min
- -53.94%
- MSTR
- -11,641.53%
SAP
Software & Services industry group
30.03%
- Max
- 60.45%
- SAP
- 30.03%
- Q3
- 16.49%
- Median
- 4.46%
- Q1
- -12.92%
- Min
- -53.94%
Profitability Metrics
| Metric | MSTR | SAP |
|---|---|---|
| ROE (TTM) | -30.76% | 16.35% |
| ROA (TTM) | -17.81% | 9.08% |
| Net Margin (TTM) | 0.00% | 19.58% |
| Operating Margin (TTM) | -11,641.53% | 30.03% |
| Gross Margin (TTM) | 68.11% | 73.72% |
Growth
Revenue Growth
Revenue Growth Metrics
| Metric | MSTR | SAP |
|---|---|---|
| Revenue Growth (YoY) | 2.97% | 7.68% |
| Revenue Growth (3Y CAGR) | -1.49% | 7.63% |
EPS Growth
EPS Growth Metrics
| Metric | MSTR | SAP |
|---|---|---|
| EPS Growth (YoY) | -- | 130.19% |
| EPS Growth (3Y CAGR) | -- | 46.25% |
Financial Strength
Current Ratio (MRQ)
SAP (SAP) at 1.07 keeps current ratio within its industry’s typical mid-range, while Strategy (MSTR) at 6.05 sits above its industry’s typical mid-range — comfortable liquidity, though possibly with more idle current assets relative to peers.
MSTR
Software & Services industry group
6.05
- MSTR
- 6.05
- Max
- 5.55
- Q3
- 2.88
- Median
- 1.72
- Q1
- 1.07
- Min
- 0.03
SAP
Software & Services industry group
1.07
- Max
- 5.55
- Q3
- 2.88
- Median
- 1.72
- SAP
- 1.07
- Q1
- 1.07
- Min
- 0.03
Debt / Equity (MRQ)
Both Strategy (MSTR) at 0.18 and SAP (SAP) at 0.17 fund their balance sheets with roughly industry-typical debt-to-equity mixes.
MSTR
Software & Services industry group
0.18
- Max
- 2.31
- Q3
- 1.06
- Median
- 0.32
- MSTR
- 0.18
- Q1
- 0.06
- Min
- 0.00
SAP
Software & Services industry group
0.17
- Max
- 2.31
- Q3
- 1.06
- Median
- 0.32
- SAP
- 0.17
- Q1
- 0.06
- Min
- 0.00
Financial Strength Metrics
| Metric | MSTR | SAP |
|---|---|---|
| Current Ratio (MRQ) | 6.05 | 1.07 |
| Debt / Equity (MRQ) | 0.18 | 0.17 |
| Net Debt / EBITDA | -- | -0.19 |
Dividends
Dividend Yield (TTM)
Strategy (MSTR) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile SAP (SAP) reports a yield of 1.69%, ranking against industry peers normally.
MSTR
Software & Services industry group
0.00%
- MSTR
- 0.00%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
SAP
Software & Services industry group
1.69%
- SAP
- 1.69%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Strategy (MSTR) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile SAP (SAP) reports a payout of 37.15%, ranking against industry peers normally.
MSTR
Software & Services industry group
0.00%
- MSTR
- 0.00%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
SAP
Software & Services industry group
37.15%
- SAP
- 37.15%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | MSTR | SAP |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 1.69% |
| Dividend Payout Ratio (TTM) | 0.00% | 37.15% |
Valuation
P/E Ratio (TTM)
An earnings multiple is available for just one side: SAP (SAP) trades at 21.87 times trailing earnings, ranked against its peers, while Strategy (MSTR) has no P/E ratio this period.
MSTR
Software & Services industry group
--
- Max
- 114.57
- Q3
- 59.78
- Median
- 29.42
- Q1
- 16.20
- Min
- 0.40
- MSTR
- --
SAP
Software & Services industry group
21.87
- Max
- 114.57
- Q3
- 59.78
- Median
- 29.42
- SAP
- 21.87
- Q1
- 16.20
- Min
- 0.40
P/S Ratio (TTM)
SAP (SAP) at 4.90 prices around its industry’s typical P/S ratio, while Strategy (MSTR) at 60.04 clears its benchmark range — MSTR looks notably rich on sales.
MSTR
Software & Services industry group
60.04
- MSTR
- 60.04
- Max
- 17.86
- Q3
- 8.79
- Median
- 4.10
- Q1
- 2.13
- Min
- 0.03
SAP
Software & Services industry group
4.90
- Max
- 17.86
- Q3
- 8.79
- SAP
- 4.90
- Median
- 4.10
- Q1
- 2.13
- Min
- 0.03
P/B Ratio (MRQ)
Strategy (MSTR) at 0.78 sits in the lower P/B ratio quartile against book while SAP (SAP) at 3.47 is valued near its industry’s middle — MSTR is cheaper on assets, though weigh it against ROE and asset quality.
MSTR
Software & Services industry group
0.78
- Max
- 17.72
- Q3
- 8.62
- Median
- 3.82
- Q1
- 1.97
- MSTR
- 0.78
- Min
- -7.65
SAP
Software & Services industry group
3.47
- Max
- 17.72
- Q3
- 8.62
- Median
- 3.82
- SAP
- 3.47
- Q1
- 1.97
- Min
- -7.65
Valuation Metrics
| Metric | MSTR | SAP |
|---|---|---|
| P/E Ratio (TTM) | -- | 21.87 |
| P/S Ratio (TTM) | 60.04 | 4.90 |
| P/B Ratio (MRQ) | 0.78 | 3.47 |
| Free Cash Flow Yield (TTM) | -29.54% | 4.45% |