SAP vs. ZM: SAP vs. Zoom Communications Stock Comparison
How do SAP (SAP) and Zoom Communications (ZM) 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
SAP (SAP) and Zoom Communications (ZM) are both classified in the Application Software sub-industry within the broader Software industry, placing them in the closest GICS peer bucket.
Zoom Communications (ZM) 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 | SAP | ZM |
|---|---|---|
| Name | SAP SE Sponsored ADR | Zoom Communications, Inc. Class A Common Stock |
| Country/Region | Germany | United States |
| 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 | 269.45 billion USD | 26.23 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | Nasdaq |
| Listing Date | September 18, 1995 | April 18, 2019 |
| Security Type | ADR | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | SAP | ZM |
|---|---|---|
| Total Return (1Y) | -3.87% | 12.58% |
| Total Return (3Y, Annualized) | 20.21% | 14.89% |
| Total Return (5Y, Annualized) | 11.79% | -18.67% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | SAP | ZM |
|---|---|---|
| Volatility (1Y, Annualized) | 39.05% | 45.03% |
| Beta (5Y) | 1.09 | 0.99 |
| Max Drawdown (5Y) | -52.26% | -79.08% |
| Avg. Volume (3M) | 2.27M | 2.88M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | SAP | ZM |
|---|---|---|
| Sharpe Ratio (1Y) | -0.21 | 0.18 |
| Sortino Ratio (1Y) | -0.29 | 0.28 |
Profitability
ROE (TTM)
Both SAP (SAP) at 18.18% and Zoom Communications (ZM) at 32.14% sit in the top peer quartile for ROE, suggesting each generates more profit from shareholders’ equity than typical industry peers.
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%
ZM
Software & Services industry group
32.14%
- Max
- 53.85%
- ZM
- 32.14%
- Q3
- 17.90%
- Median
- 6.59%
- Q1
- -9.59%
- Min
- -50.52%
Net Margin (TTM)
Zoom Communications (ZM) at 65.19% keeps the most of each sales dollar — above its industry’s net margin range — and SAP (SAP) at 20.41% also retains a top-quartile share.
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%
ZM
Software & Services industry group
65.19%
- ZM
- 65.19%
- Max
- 41.17%
- Q3
- 15.28%
- Median
- 4.63%
- Q1
- -5.42%
- Min
- -33.17%
Operating Margin (TTM)
Both SAP (SAP) at 29.50% and Zoom Communications (ZM) at 24.61% convert sales into operating profit at a top-quartile rate, pointing to tighter cost discipline before financing and tax.
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%
ZM
Software & Services industry group
24.61%
- Max
- 46.89%
- ZM
- 24.61%
- Q3
- 17.64%
- Median
- 8.73%
- Q1
- -2.13%
- Min
- -30.45%
Profitability Metrics
| Metric | SAP | ZM |
|---|---|---|
| ROE (TTM) | 18.18% | 32.14% |
| ROA (TTM) | 9.91% | 6.11% |
| Net Margin (TTM) | 20.41% | 65.19% |
| Operating Margin (TTM) | 29.50% | 24.61% |
| Gross Margin (TTM) | 73.58% | 77.66% |
Growth
Revenue Growth
SAP (SAP) at 7.68% is around its peer norm for revenue growth, while Zoom Communications (ZM) at 4.36% drops into the bottom quartile, signaling weaker demand or pricing momentum.
EPS Growth
Both SAP (SAP) at 130.19% and Zoom Communications (ZM) at 92.52% sit in the top peer quartile for EPS growth, so each is compounding per-share earnings faster than typical industry peers.
Growth Metrics
| Metric | SAP | ZM |
|---|---|---|
| Revenue Growth (YoY) | 7.68% | 4.36% |
| Revenue Growth (3Y CAGR) | 7.63% | 3.49% |
| EPS Growth (YoY) | 130.19% | 92.52% |
| EPS Growth (3Y CAGR) | 46.25% | 162.93% |
Financial Strength
Current Ratio (MRQ)
SAP (SAP) at 1.16 keeps current ratio within its industry’s typical mid-range, while Zoom Communications (ZM) at 3.83 sits above its industry’s typical mid-range — comfortable liquidity, though possibly with more idle current assets relative to peers.
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
ZM
Software & Services industry group
3.83
- Max
- 5.11
- ZM
- 3.83
- Q3
- 2.77
- Median
- 1.67
- Q1
- 1.01
- Min
- 0.03
Debt / Equity (MRQ)
Zoom Communications (ZM) at 0.01 keeps leverage in the lower industry quartile, while SAP (SAP) at 0.23 runs a more typical debt-to-equity mix.
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
ZM
Software & Services industry group
0.01
- Max
- 2.52
- Q3
- 1.13
- Median
- 0.40
- Q1
- 0.07
- ZM
- 0.01
- Min
- 0.00
Financial Strength Metrics
| Metric | SAP | ZM |
|---|---|---|
| Current Ratio (MRQ) | 1.16 | 3.83 |
| Debt / Equity (MRQ) | 0.23 | 0.01 |
| Net Debt / EBITDA | -0.03 | -5.39 |
Dividends
Dividend Yield (TTM)
Zoom Communications (ZM) 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.
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%
ZM
Software & Services industry group
0.00%
- ZM
- 0.00%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Zoom Communications (ZM) 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.
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%
ZM
Software & Services industry group
0.00%
- ZM
- 0.00%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | SAP | ZM |
|---|---|---|
| Dividend Yield (TTM) | 1.03% | 0.00% |
| Dividend Payout Ratio (TTM) | 36.45% | 0.00% |
Valuation
P/E Ratio (TTM)
Zoom Communications (ZM) at 8.34 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 ZM, though growth and earnings durability still matter.
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
ZM
Software & Services industry group
8.34
- Max
- 112.94
- Q3
- 60.32
- Median
- 32.91
- Q1
- 18.77
- ZM
- 8.34
- Min
- 6.69
P/S Ratio (TTM)
On P/S ratio, both SAP (SAP) at 6.84 and Zoom Communications (ZM) at 5.25 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.
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
ZM
Software & Services industry group
5.25
- Max
- 17.91
- Q3
- 8.78
- ZM
- 5.25
- Median
- 4.25
- Q1
- 2.23
- Min
- 0.02
P/B Ratio (MRQ)
Zoom Communications (ZM) at 2.32 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.
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
ZM
Software & Services industry group
2.32
- Max
- 16.63
- Q3
- 8.50
- Median
- 4.30
- ZM
- 2.32
- Q1
- 1.92
- Min
- -3.90
Valuation Metrics
| Metric | SAP | ZM |
|---|---|---|
| P/E Ratio (TTM) | 29.07 | 8.34 |
| P/S Ratio (TTM) | 6.84 | 5.25 |
| P/B Ratio (MRQ) | 73.25 | 2.32 |
| Free Cash Flow Yield (TTM) | 3.73% | 7.53% |