NBIS vs. SAP: Nebius vs. SAP Stock Comparison

Company Profile

Nebius (NBIS) and SAP (SAP) both belong to the Software industry, though NBIS is classified under Systems Software while SAP falls under Application Software.

SAP (SAP) carries decades of public-market history since September 18, 1995, while Nebius (NBIS) listed on October 21, 2024 — long-window comparisons have far more historical data on the SAP side.

Nebius (NBIS) 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.

Price Performance

Cumulative Growth

Trailing Returns

Calendar-Year Returns

Performance Metrics

Risk Profile

Drawdown History

Return Distribution

Risk Metrics

Nebius (NBIS) carries a highly aggressive beta of 4.66, indicating much higher sensitivity to broad-market moves, whereas SAP (SAP) is closer to market-like at 1.09 — a noticeable difference in market-sensitivity profile.

Risk-Adjusted Performance

Risk-Return Positioning

Risk-Adjusted Metrics

Profitability

SAP (SAP) at 18.18% sits in the top ROE quartile, while Nebius (NBIS) at 0.60% is closer to the peer norm — stronger capital efficiency for SAP.

SAP (SAP) at 20.41% retains a top-quartile share of revenue as profit, ahead of Nebius (NBIS) at 3.13%, which keeps about the industry-typical share.

Nebius (NBIS) reports a negative operating margin of -0.22%, usually indicating that operating costs exceeded revenue at the operating-income line. Meanwhile SAP (SAP) reports 29.50%, ranking against industry peers normally.

Profitability Metrics

Growth

Nebius (NBIS) at 479.02% clears its industry range for revenue growth, far stronger top-line momentum than SAP (SAP) at 7.68%, which is closer to a typical peer reading.

Only one side can be read here: SAP (SAP) reports EPS growth of 130.19%, ranked against its industry; Nebius (NBIS) has no EPS growth figure this period.

Growth Metrics

Financial Strength

SAP (SAP) at 1.16 keeps current ratio within its industry’s typical mid-range, while Nebius (NBIS) at 4.03 sits above its industry’s typical mid-range — comfortable liquidity, though possibly with more idle current assets relative to peers.

Both Nebius (NBIS) at 0.99 and SAP (SAP) at 0.23 fund their balance sheets with roughly industry-typical debt-to-equity mixes.

Financial Strength Metrics

Dividends

Nebius (NBIS) 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 1.03%, ranking against industry peers normally.

Nebius (NBIS) 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 36.45%, ranking against industry peers normally.

Dividend Metrics

Valuation

SAP (SAP) at 29.07 is near its industry’s usual P/E ratio, while Nebius (NBIS) at 101.16 sits in the richer quartile — NBIS needs stronger growth or earnings quality to justify the premium.

SAP (SAP) at 6.84 prices around its industry’s typical P/S ratio, while Nebius (NBIS) at 25.98 clears its benchmark range — NBIS looks notably rich on sales.

Nebius (NBIS) at 3.43 sits near its industry’s typical P/B ratio, while SAP (SAP) at 73.25 prices above its benchmark range — SAP looks rich relative to book.

Valuation Metrics