Valuation SAP SE Deutsche Boerse AG

Stocks

Market Closed - Deutsche Boerse AG 01:25:02 10/10/2026 am IST			5-day change	1st Jan Change
191.34 ^EUR	+1.17%		+4.20%	-8.41%

09/10	Dax sets course for recovery - Telekom shares plunge	RE
08/10	SAP SE : UBS remains Neutral	ZD

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Market Cap ¹	1,47,329	1,12,276	1,62,380	2,74,903	2,42,644	2,20,983	-	-
Change	-	-23.79%	44.63%	69.3%	-11.73%	-8.93%	-	-
Enterprise Value (EV) ¹	1,51,243	1,16,785	1,60,588	2,73,208	2,39,263	2,19,004	2,16,301	2,08,654
Change	-	-22.78%	37.51%	70.13%	-12.42%	-8.47%	-1.23%	-3.54%
P/E	28x	49.2x	45.7x	89.2x	33.2x	27.1x	23.5x	20x
PBR	3.78x	2.81x	3.78x	6.06x	5.43x	4.73x	4.4x	3.89x
PEG	-	-0.9x	0.8x	-6.8x	0x	2.2x	1.5x	1.1x
Capitalization / Revenue	5.29x	3.64x	5.2x	8.04x	6.59x	5.49x	4.91x	4.39x
EV / Revenue	5.43x	3.78x	5.15x	7.99x	6.5x	5.44x	4.81x	4.14x
EV / EBITDA	15.1x	11.8x	15.9x	29x	20.4x	17.1x	14.7x	12.4x
EV / EBIT	18.4x	14.5x	18.4x	33.5x	23x	18.7x	16x	13.5x
EV / FCF	30.2x	26.9x	29x	66.4x	29x	21.9x	19x	16.3x
FCF Yield	3.31%	3.72%	3.44%	1.51%	3.44%	4.57%	5.26%	6.13%
Dividend per Share ²	1.95	2.05	2.2	2.35	2.5	2.679	3.004	3.389
Rate of return	1.56%	2.13%	1.58%	0.99%	1.2%	1.4%	1.57%	1.77%
EPS ²	4.46	1.96	3.05	2.65	6.28	7.065	8.143	9.576
Distribution rate	43.7%	105%	72.1%	88.7%	39.8%	37.9%	36.9%	35.4%
Net sales ¹	27,842	30,871	31,207	34,176	36,800	40,264	44,991	50,368
EBITDA ¹	10,005	9,929	10,094	9,433	11,730	12,772	14,676	16,801
EBIT ¹	8,230	8,033	8,721	8,153	10,419	11,722	13,520	15,503
Net income ¹	5,383	1,714	3,564	3,124	7,492	8,190	9,225	10,850
Net Debt ¹	3,914	4,509	-1,792	-1,695	-3,381	-1,979	-4,682	-12,329
Reference price ²	124.90	96.39	139.48	236.30	208.35	191.46	191.46	191.46
Nbr of stocks (in thousands)	11,79,579	11,64,814	11,64,184	11,63,363	11,64,600	11,54,200	-	-
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.($)
MICROSOFT CORPORATION	27.14x	10.02x	16.38x	0.72%	3,97300Cr
PALANTIR TECHNOLOGIES INC.	134.67x	59.72x	97.24x	-.--%	50TCr
ORACLE CORPORATION	21.36x	6.03x	10.51x	1.41%	43TCr
PALO ALTO NETWORKS, INC.	265.7x	23.74x	69.49x	-.--%	34TCr
CROWDSTRIKE HOLDINGS, INC.	2750.4x	46.13x	150.88x	-.--%	28TCr
SAP SE	27.1x	5.44x	17.15x	1.4%	25TCr
SERVICENOW, INC.	91.18x	8.86x	23.71x	-.--%	15TCr
FORTINET, INC.	62.98x	17.02x	44.82x	-.--%	14TCr
DATADOG, INC.	528.09x	22.55x	89.11x	-.--%	11TCr
Average	434.29x	22.17x	57.70x	0.39%	68.56TCr
Weighted average by Cap.	184.19x	16.37x	33.76x	0.62%