Valuation SAP SE

Equities

Market Closed - Xetra Other stock markets 16:37:57 06/03/2026 GMT			5-day change	1st Jan Change
172.74 ^EUR	+1.03%		+1.04%	-17.09%

03-06	All for One Group Concludes Acquisition of Apsolut Group	MT
03-05	Decidr, ICON Consulting Partner in AI Push for SAP Enterprise Systems	MT

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Capitalization ¹	147,329	112,276	162,380	274,903	242,644	201,684	-	-
Change	-	-23.79%	44.63%	69.3%	-11.73%	-16.88%	-	-
Enterprise Value (EV) ¹	151,243	116,785	160,588	273,208	239,263	191,672	184,476	178,331
Change	-	-22.78%	37.51%	70.13%	-12.42%	-19.89%	-3.75%	-3.33%
P/E ratio	28x	49.2x	45.7x	89.2x	33.2x	25.3x	21.2x	17.9x
PBR	3.78x	2.81x	3.78x	6.06x	5.43x	4.18x	3.78x	3.49x
PEG	-	-0.9x	0.8x	-6.8x	0x	2.88x	1.1x	1x
Capitalization / Revenue	5.29x	3.64x	5.2x	8.04x	6.59x	5.01x	4.43x	4.02x
EV / Revenue	5.43x	3.78x	5.15x	7.99x	6.5x	4.76x	4.05x	3.55x
EV / EBITDA	15.1x	11.8x	15.9x	29x	20.4x	14.5x	12.1x	10.4x
EV / EBIT	18.4x	14.5x	18.4x	33.5x	23x	16.2x	13.3x	11.3x
EV / FCF	30.2x	26.9x	29x	66.4x	29x	19.3x	16.1x	13.7x
FCF Yield	3.31%	3.72%	3.44%	1.51%	3.44%	5.19%	6.21%	7.31%
Dividend per Share ²	1.95	2.05	2.2	2.35	-	2.636	3.04	3.333
Rate of return	1.56%	2.13%	1.58%	0.99%	-	1.53%	1.76%	1.93%
EPS ²	4.46	1.96	3.05	2.65	6.28	6.832	8.152	9.661
Distribution rate	43.7%	105%	72.1%	88.7%	-	38.6%	37.3%	34.5%
Net sales ¹	27,842	30,871	31,207	34,176	36,800	40,226	45,504	50,185
EBITDA ¹	10,005	9,929	10,094	9,433	11,730	13,184	15,256	17,137
EBIT ¹	8,230	8,033	8,721	8,153	10,419	11,866	13,847	15,791
Net income ¹	5,383	1,714	3,564	3,124	7,492	8,085	9,540	11,048
Net Debt ¹	3,914	4,509	-1,792	-1,695	-3,381	-10,012	-17,208	-23,354
Reference price ²	124.90	96.39	139.48	236.30	208.35	172.74	172.74	172.74
Nbr of stocks (in thousands)	1,179,579	1,164,814	1,164,184	1,163,363	1,164,600	1,167,559	-	-
Announcement Date	27/01/22	26/01/23	23/01/24	28/01/25	29/01/26	-	-	-

¹EUR in Million²EUR

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (N)	EV / Sales (N)	EV / EBITDA (N)	Dividend Yield (N)	Capi.($)
SAP SE	25.03x	4.71x	14.38x	1.54%	231B
ORACLE CORPORATION	27.55x	8.27x	15.64x	1.24%	445B
SERVICENOW, INC.	52.95x	7.2x	20.16x	-.--%	126B
STRATEGY INCORPORATED	1.94x	109.07x	943x	-.--%	46.95B
CONSTELLATION SOFTWARE INC.	61.98x	3.91x	13.77x	0.2%	43.22B
FAIR ISAAC CORPORATION	40.39x	15.27x	24.88x	-.--%	34.99B
TOAST, INC.	38.45x	2.09x	19.54x	-.--%	17.97B
TRIMBLE, INC.	31.73x	4.38x	14.73x	-	16.48B
HUBSPOT, INC.	107.61x	3.61x	15.25x	-.--%	15.37B
GUIDEWIRE SOFTWARE, INC.	110.16x	8.86x	41.62x	-.--%	13.67B
Average	49.78x	16.74x	112.30x	0.33%	99.03B
Weighted average by Cap.	33.58x	11.90x	60.54x	0.94%