Valuation SAP SE

Equities

Market Closed - Xetra Other stock markets 16:35:21 09/07/2025 BST			After hours 20:59:58
265.50 ^EUR	+0.51%		266.00	+0.19%

07-03	SAP Becomes Europe's Most Valuable Company as Nvidia Leads Globally	RE
07-03	USA dominates the stock markets – German companies outsiders	DP

Data adjusted to current consolidation scope

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Capitalization ¹	127,680	147,329	112,276	162,380	274,903	309,730	-	-
Change	-	15.39%	-23.79%	44.63%	69.3%	12.67%	-	-
Enterprise Value (EV) ¹	136,688	151,243	116,785	160,588	273,208	305,321	299,053	291,514
Change	-	10.65%	-22.78%	37.51%	70.13%	11.75%	-2.05%	-2.52%
P/E ratio	24.6x	28x	49.2x	45.7x	89.2x	44.5x	37.5x	31.4x
PBR	4.27x	3.78x	2.81x	3.78x	6.06x	6.45x	5.83x	5.19x
PEG	-	11.07x	-0.9x	0.8x	-6.8x	0x	2x	1.6x
Capitalization / Revenue	4.67x	5.29x	3.64x	5.2x	8.04x	8.25x	7.37x	6.54x
EV / Revenue	5x	5.43x	3.78x	5.15x	7.99x	8.13x	7.12x	6.15x
EV / EBITDA	13.5x	15.1x	11.8x	15.9x	29x	26.3x	22.1x	18.6x
EV / EBIT	16.5x	18.4x	14.5x	18.4x	33.5x	29.3x	24.6x	20.4x
EV / FCF	22.8x	30.2x	26.9x	29x	66.4x	37.6x	30.3x	25.9x
FCF Yield	4.39%	3.31%	3.72%	3.44%	1.51%	2.66%	3.3%	3.86%
Dividend per Share ²	1.85	1.95	2.05	2.2	2.35	2.381	2.684	3.051
Rate of return	1.73%	1.56%	2.13%	1.58%	0.99%	0.9%	1.02%	1.15%
EPS ²	4.35	4.46	1.96	3.05	2.65	5.937	7.042	8.423
Distribution rate	42.5%	43.7%	105%	72.1%	88.7%	40.1%	38.1%	36.2%
Net sales ¹	27,343	27,842	30,871	31,207	34,176	37,534	42,026	47,382
EBITDA ¹	10,114	10,005	9,929	10,094	9,433	11,593	13,503	15,636
EBIT ¹	8,283	8,230	8,033	8,721	8,153	10,421	12,153	14,308
Net income ¹	5,280	5,383	1,714	3,564	3,124	6,893	8,161	9,791
Net Debt ¹	9,008	3,914	4,509	-1,792	-1,695	-4,408	-10,677	-18,215
Reference price ²	107.22	124.90	96.39	139.48	236.30	264.15	264.15	264.15
Nbr of stocks (in thousands)	1,190,824	1,179,579	1,164,814	1,164,184	1,163,363	1,166,589	-	-
Announcement Date	29/01/21	27/01/22	26/01/23	23/01/24	28/01/25	-	-	-

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 (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
SAP SE	44.49x	8.09x	26.2x	0.9%	361B
ORACLE CORPORATION	48.11x	11.17x	21.44x	0.81%	659B
SERVICENOW, INC.	117.99x	15.58x	44.47x	-.--%	212B
STRATEGY INCORPORATED	-24.52x	247.8x	3019.22x	-	111B
CONSTELLATION SOFTWARE INC.	86.01x	6.77x	24.71x	0.11%	77B
FAIR ISAAC CORPORATION	65.91x	22.02x	39.76x	-.--%	41.46B
HUBSPOT, INC.	1200.2x	9.01x	41.18x	-.--%	29.4B
TOAST, INC.	97.88x	3.9x	41.53x	-.--%	25.16B
WISETECH GLOBAL LIMITED	111.14x	30.52x	60.21x	0.19%	24.44B
GUIDEWIRE SOFTWARE, INC.	567.03x	15.86x	87.97x	-.--%	19.4B
Average	231.42x	37.07x	340.67x	0.22%	155.94B
Weighted average by Cap.	83.93x	28.16x	241.61x	0.6%