(SAP) SAP SE - Ratings and Ratios
Enterprise, Cloud, ERP, HR, Analytics
SAP EPS (Earnings per Share)
SAP Revenue
Description: SAP SAP SE
SAP SE (NYSE:SAP) delivers a broad suite of enterprise-software solutions, including the S/4HANA ERP platform (finance, procurement, manufacturing, supply-chain, R&D), SuccessFactors HR suite, and spend-management tools. Its portfolio is complemented by the Business Technology Platform for low-code app development, the Business Network for B2B collaboration, Signavio process-intelligence, industry-specific clouds, LeanIX architecture management, WalkMe workflow automation, Enable Now embedded learning, Taulia working-capital services, and sustainability offerings, all supported by services and support.
In FY 2023 SAP generated €27.9 billion in revenue, with cloud subscription and support growing at a 13 % YoY rate and now representing roughly 45 % of total revenue-a key driver of higher gross margins (≈71 %). The company reported an operating margin of 21 % and a free-cash-flow conversion of 85 % of operating cash flow, indicating strong cash generation despite a modest decline in on-premise license sales.
The enterprise-software market is being reshaped by three macro trends: accelerated digital transformation in response to post-pandemic supply-chain stress, rapid migration to cloud-native ERP and AI-augmented analytics, and increasing ESG reporting requirements that drive demand for sustainability modules. SAP’s focus on integrated cloud suites and its expanding partner ecosystem positions it to capture a larger share of the projected €1.2 trillion global enterprise-software spend over the next five years.
For a deeper, data-driven assessment of SAP’s valuation and risk profile, you may find the analytical framework on ValueRay worth exploring.
SAP Stock Overview
| Market Cap in USD | 314,234m |
| Sub-Industry | Application Software |
| IPO / Inception | 1998-08-07 |
SAP Stock Ratings
| Growth Rating | 78.6% |
| Fundamental | 75.7% |
| Dividend Rating | 43.0% |
| Return 12m vs S&P 500 | 3.30% |
| Analyst Rating | 4.31 of 5 |
SAP Dividends
| Dividend Yield 12m | 0.98% |
| Yield on Cost 5y | 1.87% |
| Annual Growth 5y | 8.64% |
| Payout Consistency | 92.3% |
| Payout Ratio | 42.3% |
SAP Growth Ratios
| Growth Correlation 3m | -70.2% |
| Growth Correlation 12m | 58.1% |
| Growth Correlation 5y | 75.8% |
| CAGR 5y | 48.26% |
| CAGR/Max DD 3y (Calmar Ratio) | 2.52 |
| CAGR/Mean DD 3y (Pain Ratio) | 12.29 |
| Sharpe Ratio 12m | 0.70 |
| Alpha | 4.00 |
| Beta | 0.901 |
| Volatility | 26.21% |
| Current Volume | 1247.6k |
| Average Volume 20d | 1197.1k |
| Stop Loss | 261.6 (-3%) |
| Signal | -0.33 |
Piotroski VR‑10 (Strict, 0-10) 7.0
| Net Income (6.59b TTM) > 0 and > 6% of Revenue (6% = 2.15b TTM) |
| FCFTA 0.09 (>2.0%) and ΔFCFTA -0.13pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue 1.64% (prev 6.87%; Δ -5.23pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.10 (>3.0%) and CFO 7.17b > Net Income 6.59b (YES >=105%, WARN >=100%) |
| Net Debt (805.6m) to EBITDA (10.82b) ratio: 0.07 <= 3.0 (WARN <= 3.5) |
| Current Ratio 1.03 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (1.18b) change vs 12m ago 0.68% (target <= -2.0% for YES) |
| Gross Margin 73.51% (prev 72.63%; Δ 0.88pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 51.72% (prev 46.24%; Δ 5.48pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 8.69 (EBITDA TTM 10.82b / Interest Expense TTM 1.09b) >= 6 (WARN >= 3) |
Altman Z'' 4.82
| (A) 0.01 = (Total Current Assets 19.64b - Total Current Liabilities 19.05b) / Total Assets 68.40b |
| (B) 0.64 = Retained Earnings (Balance) 43.65b / Total Assets 68.40b |
| (C) 0.14 = EBIT TTM 9.51b / Avg Total Assets 69.39b |
| (D) 1.68 = Book Value of Equity 45.34b / Total Liabilities 27.00b |
| Total Rating: 4.82 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 75.70
| 1. Piotroski 7.0pt = 2.0 |
| 2. FCF Yield 2.41% = 1.21 |
| 3. FCF Margin 18.09% = 4.52 |
| 4. Debt/Equity 0.21 = 2.48 |
| 5. Debt/Ebitda 0.07 = 2.50 |
| 6. ROIC - WACC (= 4.93)% = 6.16 |
| 7. RoE 15.21% = 1.27 |
| 8. Rev. Trend 76.85% = 5.76 |
| 9. EPS Trend -3.71% = -0.19 |
What is the price of SAP shares?
Over the past week, the price has changed by -2.19%, over one month by +6.36%, over three months by -11.86% and over the past year by +18.63%.
Is SAP SE a good stock to buy?
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of SAP is around 301.32 USD . This means that SAP is currently undervalued and has a potential upside of +11.71% (Margin of Safety).
Is SAP a buy, sell or hold?
- Strong Buy: 7
- Buy: 7
- Hold: 2
- Sell: 0
- Strong Sell: 0
What are the forecasts/targets for the SAP price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 340.4 | 26.2% |
| Analysts Target Price | 340.4 | 26.2% |
| ValueRay Target Price | 337.8 | 25.2% |
Last update: 2025-10-15 03:54
SAP Fundamental Data Overview
P/E Trailing = 41.8326
P/E Forward = 33.1126
P/S = 8.7562
P/B = 6.5821
P/EG = 1.1676
Beta = 0.901
Revenue TTM = 35.89b EUR
EBIT TTM = 9.51b EUR
EBITDA TTM = 10.82b EUR
Long Term Debt = 4.26b EUR (from longTermDebt, last quarter)
Short Term Debt = 3.12b EUR (from shortTermDebt, last quarter)
Debt = 8.76b EUR (from shortLongTermDebtTotal, last quarter)
Net Debt = 805.6m EUR (from netDebt column, last quarter)
Enterprise Value = 269.18b EUR (268.36b + Debt 8.76b - CCE 7.94b)
Interest Coverage Ratio = 8.69 (Ebit TTM 9.51b / Interest Expense TTM 1.09b)
FCF Yield = 2.41% (FCF TTM 6.49b / Enterprise Value 269.18b)
FCF Margin = 18.09% (FCF TTM 6.49b / Revenue TTM 35.89b)
Net Margin = 18.37% (Net Income TTM 6.59b / Revenue TTM 35.89b)
Gross Margin = 73.51% ((Revenue TTM 35.89b - Cost of Revenue TTM 9.51b) / Revenue TTM)
Gross Margin QoQ = 73.34% (prev 73.31%)
Tobins Q-Ratio = 3.94 (Enterprise Value 269.18b / Total Assets 68.40b)
Interest Expense / Debt = 3.06% (Interest Expense 268.0m / Debt 8.76b)
Taxrate = 30.10% (753.0m / 2.50b)
NOPAT = 6.65b (EBIT 9.51b * (1 - 30.10%))
Current Ratio = 1.03 (Total Current Assets 19.64b / Total Current Liabilities 19.05b)
Debt / Equity = 0.21 (Debt 8.76b / totalStockholderEquity, last quarter 41.00b)
Debt / EBITDA = 0.07 (Net Debt 805.6m / EBITDA 10.82b)
Debt / FCF = 0.12 (Net Debt 805.6m / FCF TTM 6.49b)
Total Stockholder Equity = 43.34b (last 4 quarters mean from totalStockholderEquity)
RoA = 9.64% (Net Income 6.59b / Total Assets 68.40b)
RoE = 15.21% (Net Income TTM 6.59b / Total Stockholder Equity 43.34b)
RoCE = 19.98% (EBIT 9.51b / Capital Employed (Equity 43.34b + L.T.Debt 4.26b))
RoIC = 14.04% (NOPAT 6.65b / Invested Capital 47.35b)
WACC = 9.11% (E(268.36b)/V(277.12b) * Re(9.34%) + D(8.76b)/V(277.12b) * Rd(3.06%) * (1-Tc(0.30)))
Discount Rate = 9.34% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -33.33 | Cagr: -0.04%
[DCF Debug] Terminal Value 74.67% ; FCFE base≈6.60b ; Y1≈7.01b ; Y5≈8.38b
Fair Price DCF = 100.2 (DCF Value 116.70b / Shares Outstanding 1.16b; 5y FCF grow 6.81% → 3.0% )
EPS Correlation: -3.71 | EPS CAGR: -25.28% | SUE: -3.00 | # QB: 0
Revenue Correlation: 76.85 | Revenue CAGR: 5.26% | SUE: -0.08 | # QB: 0
Additional Sources for SAP Stock
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle