Stock Analiz

SAP SE SAP

Computer Software: Prepackaged Software · data as of November 13, 2026

$234.90Market cap $288.6B
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SAP SE (SAP) is a technology company listed in the US with a market value of about $288.6B. In the twelve months to September 30, 2026 it had revenue of $43.4B and net income of $8.9B, a net margin of 20.4%.

Its overall Stock Analiz score is 3.2 out of 5 (average). The strongest part is future growth (5/5); the weakest is value (0/5).

Key numbers: a P/E of 30.9, a price to free cash flow of 28.5, 5-year revenue growth of 5% a year, a 5-year average ROIC of 9%. A discounted cash flow model with moderate assumptions puts its intrinsic value about 35% below the current price.

Score: 3.2 / 5

Value0/5
Future growth5/5
Track record2/5
Financial health5/5
Shareholder returns4/5

Checks passed

  • Revenue growth above 10% last year
  • 3-year revenue growth above 10% a year
  • Profit margin improving
  • 3-year free cash flow growth above 10% a year
  • Strong R&D investment or growth above 20%
  • Profitable 5 years in a row
  • ROE above 15%
  • More cash than debt, or low debt to equity

Checks not passed

  • P/E below 25
  • P/E below the industry median
  • P/FCF below 20
  • Price below intrinsic value (DCF, moderate assumptions)
  • PEG below 1.5
  • 5-year EPS growth above 10% a year
  • 5-year revenue growth above 8% a year
  • 5-year average ROIC above 12%

Valuation

P/E (TTM)30.9
Forward P/E24.6
P/FCF28.5
P/S6.6
P/B5.7
EV/EBITDA21.3
PEG5.09
Dividend yield1.25%
FCF yield3.5%
Shareholder yield2.0%
Intrinsic value vs. price−35%

Growth and quality

Revenue growth (1 yr)21.8%
Revenue growth (5 yrs, per year)5.2%
EPS growth (5 yrs, per year)6.1%
FCF growth (3 yrs, per year)24.8%
Net margin (5-yr avg.)15.1%
ROIC (5-yr avg.)8.9%
Profitable years (of last 10)10
Years paying a dividend10

Financials, last 10 years

Fiscal yearTTM2025202420232022202120202019201820172016
Revenue$43.4B$43.2B$35.5B$34.5B$31.5B$30.5B$33.5B$31.0B$28.3B$28.1B$23.3B
Net income$8.9B$8.4B$3.2B$6.8B$2.4B$6.0B$6.3B$3.7B$4.7B$4.8B$3.8B
Free cash flow$10.1B$9.9B$4.6B$6.0B$5.1B$6.3B$7.8B$3.0B$3.3B$4.5B$3.8B
EPS (diluted)$7.61$6.85$2.64$5.52$1.98$4.85$5.14$3.04$3.81$3.91$3.12
Net margin20.4%19.5%9.1%19.7%7.7%19.5%18.8%12.0%16.5%17.1%16.5%
ROIC—13.5%5.6%7.7%7.7%9.7%11.3%7.4%10.4%12.4%11.2%

From the company’s 10-K and 10-Q filings with the SEC. TTM = trailing twelve months.

Frequently asked questions

What is SAP’s P/E ratio?

About 30.9, based on the last twelve months of diluted earnings per share (forward P/E about 24.6).

Is SAP stock undervalued?

Our DCF model with moderate assumptions puts its intrinsic value about 35% below the current market value. A model is a range, not a promise; try your own assumptions in the DCF calculator.

Does SAP pay a dividend?

Yes. The dividend yield is about 1.25%, and it has paid dividends for 10 years in our data.

Is SAP a good stock to buy?

We do not give buy or sell advice. SAP scores 3.2 out of 5 on our five checks (value, growth, track record, financial health and shareholder returns); the checks above show why.

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Generated from SEC filings, analyst consensus estimates and market prices, rebuilt every day. Educational information, not investment advice.