Valuation SAP SE

Equities

Market Closed - Xetra Other stock markets 09:09:04 13/05/2026 pm IST			After hours 01:29:59 am
136.26 ^EUR	-4.31%		137.62	+1.00%

08:46pm	European Equities Traded in the US as American Depositary Receipts Flat in Wednesday Trading	MT
11:29am	SAP invests in n8n to bolster Joule Studio in agentic AI

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Capitalization ¹	1,47,329	1,12,276	1,62,380	2,74,903	2,42,644	1,66,260	-	-
Change	-	-23.79%	44.63%	69.3%	-11.73%	-31.48%	-	-
Enterprise Value (EV) ¹	1,51,243	1,16,785	1,60,588	2,73,208	2,39,263	1,58,353	1,50,426	1,47,017
Change	-	-22.78%	37.51%	70.13%	-12.42%	-33.82%	-5.01%	-2.27%
P/E ratio	28x	49.2x	45.7x	89.2x	33.2x	20.4x	17.2x	14.6x
PBR	3.78x	2.81x	3.78x	6.06x	5.43x	3.52x	3.1x	2.86x
PEG	-	-0.9x	0.8x	-6.8x	0x	1.8x	0.9x	0.8x
Capitalization / Revenue	5.29x	3.64x	5.2x	8.04x	6.59x	4.13x	3.67x	3.3x
EV / Revenue	5.43x	3.78x	5.15x	7.99x	6.5x	3.94x	3.32x	2.92x
EV / EBITDA	15.1x	11.8x	15.9x	29x	20.4x	12.1x	9.95x	8.64x
EV / EBIT	18.4x	14.5x	18.4x	33.5x	23x	13.3x	10.9x	9.34x
EV / FCF	30.2x	26.9x	29x	66.4x	29x	15.9x	13.3x	11.6x
FCF Yield	3.31%	3.72%	3.44%	1.51%	3.44%	6.27%	7.52%	8.65%
Dividend per Share ²	1.95	2.05	2.2	2.35	-	2.701	3.083	3.474
Rate of return	1.56%	2.13%	1.58%	0.99%	-	1.9%	2.17%	2.44%
EPS ²	4.46	1.96	3.05	2.65	6.28	6.989	8.278	9.749
Distribution rate	43.7%	105%	72.1%	88.7%	-	38.7%	37.2%	35.6%
Net sales ¹	27,842	30,871	31,207	34,176	36,800	40,212	45,302	50,315
EBITDA ¹	10,005	9,929	10,094	9,433	11,730	13,100	15,120	17,019
EBIT ¹	8,230	8,033	8,721	8,153	10,419	11,903	13,823	15,744
Net income ¹	5,383	1,714	3,564	3,124	7,492	8,197	9,584	11,115
Net Debt ¹	3,914	4,509	-1,792	-1,695	-3,381	-7,907	-15,834	-19,244
Reference price ²	124.90	96.39	139.48	236.30	208.35	142.40	142.40	142.40
Nbr of stocks (in thousands)	11,79,579	11,64,814	11,64,184	11,63,363	11,64,600	11,67,559	-	-
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 (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
SAP SE	20.37x	3.94x	12.09x	1.9%	19TCr
ORACLE CORPORATION	32.13x	9.5x	17.59x	1.02%	54TCr
SERVICENOW, INC.	45.47x	5.25x	14.49x	-.--%	9.18TCr
STRATEGY INCORPORATED	3.48x	141.16x	1202.8x	-.--%	6.47TCr
CONSTELLATION SOFTWARE INC.	34.71x	2.85x	10.03x	0.23%	3.71TCr
FAIR ISAAC CORPORATION	28.5x	11.23x	18.31x	-.--%	2.52TCr
TOAST, INC.	26.54x	1.54x	14.09x	-.--%	1.35TCr
TRIMBLE, INC.	25.16x	3.58x	12.07x	-	1.32TCr
GUIDEWIRE SOFTWARE, INC.	77.64x	7.18x	32.2x	-.--%	1.11TCr
SAGE GROUP PLC	19.55x	3.33x	12.25x	2.65%	1.08TCr
Average	31.35x	18.96x	134.59x	0.64%	10TCr
Weighted average by Cap.	29.41x	16.07x	92.69x	0.97%