SAP vs. SNOW: SAP vs. Snowflake Stock Comparison

Company Profile

SAP (SAP) and Snowflake (SNOW) both fall under the Software & Services industry group, but SAP is classified in Software while SNOW is classified in IT Services.

SAP (SAP) has more than two decades of public-market history since September 18, 1995, whereas Snowflake (SNOW) listed on September 16, 2020 and has a much shorter record to draw on.

Snowflake (SNOW) 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

Risk-Adjusted Performance

Risk-Return Positioning

Risk-Adjusted Metrics

Profitability

Snowflake (SNOW) reports a negative ROE of -48.06%; negative ROE can reflect losses or negative shareholders’ equity, so it is harder to read as capital efficiency. Meanwhile SAP (SAP) reports 18.18%, ranking against industry peers normally.

Snowflake (SNOW) reports a negative net margin of -20.07%, usually indicating a net loss over the period. Meanwhile SAP (SAP) reports 20.41%, ranking against industry peers normally.

Snowflake (SNOW) reports a negative operating margin of -17.00%, 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

Snowflake (SNOW) at 29.16% sits in the top revenue growth quartile, while SAP (SAP) at 7.68% is closer to the peer norm — faster top-line expansion for SNOW.

Only one side can be read here: SAP (SAP) reports EPS growth of 130.19%, ranked against its industry; Snowflake (SNOW) 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 Snowflake (SNOW) at 0.94 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for SNOW.

SAP (SAP) at 0.23 carries an industry-typical debt-to-equity mix, while Snowflake (SNOW) at 1.29 uses more debt funding than most peers.

Financial Strength Metrics

Dividends

Snowflake (SNOW) 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.

Snowflake (SNOW) 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

An earnings multiple is available for just one side: SAP (SAP) trades at 29.07 times trailing earnings, ranked against its peers, while Snowflake (SNOW) has no P/E ratio this period.

SAP (SAP) at 6.84 is priced about in line with its industry on P/S ratio, while Snowflake (SNOW) at 17.91 sits in the pricier quartile — SNOW costs more per dollar of sales.

Measured against book value, both SAP (SAP) at 73.25 and Snowflake (SNOW) at 45.23 look expensive — each P/B ratio sits above its industry’s benchmark range.

Valuation Metrics