SAP

GER:SAP · DE0007164600

SoftwareXX-Large

360

Value66

Profit price58

EV / EBIT65

Price / Owner Earnings50

Cash yield69

Owner Earnings Yield77

Dividend Yield61

Sales & asset price44

Price/Sales19

EV / Gross Profit67

Price/Book46

Quality52

Returns on capital60

Return on Capital63

Cash Return on Capital63

Return on Equity54

Profit margins68

EBIT Margin80

Gross Profitability55

Cash backing41

Cash Conversion22

Accruals42

Owner Earnings Margin60

Growth48

Sales growth55

Profit growth75

Profit Growth100

Long-Term EPS Growth60

Owner Earnings Growth64

Reinvestment68

Price momentum24

Safety74

Debt load67

Debt serviceability66

Refinancing32

Debt Payback100

Liquidity68

Sentiment50

Analyst ratings57

Expectations trend54

Opinion Changes36

Price Target Upside72

Market mood100

Value Creation20/20strong value creator

Creates more value than its capital costs
Owner earnings growing
Owner earnings per share growing
Reinvests at strong returns
Solid earnings base

What this means

SAP generates returns well above its cost of capital, the foundation of durable shareholder value.

Profile

CountryGermany

IndustrySoftware

SizeXX-Large

TypePublic Company

ExchangeXTRA

Employees101,349

Websitesap.com

ISINDE0007164600

Last UpdateApr 2, 2026

Indices

CDAX (Germany)DAX 40 (Germany)EURO STOXX 50 (European Union)Renewable Energy Users TecDAX (Germany)

Themes

WorkTechProcess AutomationPaaSHRTechMachine LearningCustomer Relationship ManagementData IntegrationTeam CollaborationArtificial IntelligenceSoftware Development

Description

SAP SE (SAP) offers integrated applications that connects all parts of a business into an intelligent suite on a fully digital platform in the cloud, thereby replacing the process-driven legacy platform. The company is committed to providing AI solu…

Analysis

Bargain bin

SAP SE is priced cheaply, and that invites the natural question of why, since the underlying business scores below average.

On valuation, the picture is fair. The owner-earnings multiple stands at 22.3×; owner earnings: the cash an owner could take out each year. The implied growth embedded in that price is around 8% a year, against analyst forecasts of 16%. The price, in other words, assumes less than the experts do.

Growth is moderate; the safety picture is sturdy. The company scores 20/20 on our value-creation score: strong value creator.

Flags to be aware of: Some accounting patterns deserve a closer look. A large part of the company's book value is the price paid for past acquisitions. As always: this describes the company's numbers; it is not a recommendation.

360° rank · history

1007550250

2023202420252026

All-time high

Mar 2026

All-time low

Jan 2026

Average rank

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023

Price/Sales

Price/Earnings

Price/Book

Dividend Yield

Value (overall)

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View

1 · Watch OutGood· 100

Value

1 · ExpensiveGood Value· 100

Quality

1 · Weak FundamentalsHigh Quality· 100

Growth

1 · Tough TimesHigh Growth· 100

Safety

1 · High LeverageWell-Financed· 100

Sentiment

1 · SkepticismPositive· 100

Learn More →