(SAP) SAP SE - Overview

Exchange: NYSE • Country: Germany • Currency: USD • Type: Common Stock • ISIN: US8030542042

Stock:

Total Rating 39

Risk 97

Buy Signal -0.74

Software - Application +10.2
Application Software +7.8

Market Cap: 238,819m
Avg Trading Vol: 600M USD

ATR: 3.20%
Peers RS (IBD): 46.32

Risk 5d forecast
Volatility	35.2%
Relative Tail Risk	-1.59%

Reward TTM
Sharpe Ratio	-0.87
Alpha	-45.23

Character TTM
Beta	0.970
Beta Downside	0.695

Drawdowns 3y
Max DD	37.02%
CAGR/Max DD	0.58

EPS (Earnings per Share)

EPS CAGR: 16.74%
EPS Trend: 32.3%

Last SUE: 0.34
Qual. Beats: 0

Revenue

Rev. CAGR: 9.73%
Rev. Trend: 90.9%

Last SUE: -1.66
Qual. Beats: 0

Description: SAP SAP SE

SAP SE, together with its subsidiaries, provides enterprise application and business solutions worldwide. It offers SAP S/4HANA that provides software capabilities for finance, risk and project management, procurement, manufacturing, supply chain and asset management, and research and development; SAP SuccessFactors solutions for human resources, including HR, time, payroll, talent and employee experience management, and analytics and planning; and spend management solutions that covers direct and indirect spend, travel and expense, and external workforce management. The company also provides SAP customer experience solutions; SAP Business Technology platform that enables customers and partners to build, integrate, and automate applications; and SAP Business Network, a business-to-business collaboration platform that helps digitalize key business processes across the supply chain and enables communication between trading partners. In addition, it offers SAP Signavio to help customers to discover, analyze, and understand their business process operations; industry solutions that provides customers and partners with industry-specific solutions; and SAP LeanIX to visualize their as-is enterprise architecture, assess interdependencies and the potential impact of IT modernization, and manage the transition toward the target landscape with established practices and a detailed roadmap. Further, the company provides WalkMe to execute workflows across various number of applications; SAP Enable Now, which offers e-learning content embedded in SAP workflows; Taulia solutions for working capital management to help businesses create and deliver the right cash flow strategy, and the flexibility to adjust it to meet liquidity challenges; and sustainability solutions and services. Additionally, it provides services and support solutions. SAP SE was founded in 1972 and is headquartered in Walldorf, Germany.

Piotroski VR‑10 (Strict, 0-10) 7.5

Net Income: 7.31b TTM > 0 and > 6% of Revenue
FCF/TA: 0.12 > 0.02 and ΔFCF/TA 5.81 > 1.0
NWC/Revenue: 8.19% < 20% (prev 6.79%; Δ 1.39% < -1%)
CFO/TA 0.13 > 3% & CFO 9.13b > Net Income 7.31b
Net Debt (-148.9m) to EBITDA (12.77b): -0.01 < 3
Current Ratio: 1.17 > 1.5 & < 3
Outstanding Shares: last quarter (1.17b) vs 12m ago -0.34% < -2%
Gross Margin: 73.28% > 18% (prev 0.73%; Δ 7255 % > 0.5%)
Asset Turnover: 50.82% > 50% (prev 46.11%; Δ 4.72% > 0%)
Interest Coverage Ratio: 8.61 > 6 (EBITDA TTM 12.77b / Interest Expense TTM 1.32b)

Altman Z'' 5.59

A: 0.04 (Total Current Assets 20.25b - Total Current Liabilities 17.24b) / Total Assets 70.33b
B: 0.68 (Retained Earnings 47.49b / Total Assets 70.33b)
C: 0.16 (EBIT TTM 11.39b / Avg Total Assets 72.23b)
D: 1.95 (Book Value of Equity 48.90b / Total Liabilities 25.11b)
Altman-Z'' Score: 5.59 = AAA

Beneish M -3.08

DSRI: 0.90 (Receivables 7.27b/7.48b, Revenue 36.71b/34.18b)
GMI: 1.00 (GM 73.28% / 72.95%)
AQI: 1.00 (AQ_t 0.65 / AQ_t-1 0.65)
SGI: 1.07 (Revenue 36.71b / 34.18b)
TATA: -0.03 (NI 7.31b - CFO 9.13b) / TA 70.33b)
Beneish M-Score: -3.08 (Cap -4..+1) = AA

What is the price of SAP shares?

As of February 28, 2026, the stock is trading at USD 201.53 with a total of 2,450,133 shares traded.
Over the past week, the price has changed by -0.52%, over one month by -13.85%, over three months by -16.64% and over the past year by -25.95%.

Is SAP a buy, sell or hold?

SAP SE has received a consensus analysts rating of 4.31. Therefore, it is recommended to buy SAP.

StrongBuy: 7
Buy: 7
Hold: 2
Sell: 0
StrongSell: 0

What are the forecasts/targets for the SAP price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	299.5	48.6%
Analysts Target Price	299.5	48.6%

SAP Fundamental Data Overview February 28, 2026

P/E Trailing = 27.772
P/E Forward = 23.31
P/S = 6.4897
P/B = 4.5243
P/EG = 0.8392
Revenue TTM = 36.71b USD
EBIT TTM = 11.39b USD
EBITDA TTM = 12.77b USD
Long Term Debt = 6.02b USD (from longTermDebt, last quarter)
Short Term Debt = 2.05b USD (from shortTermDebt, last quarter)
Debt = 8.07b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -148.9m USD (from netDebt column, last quarter)
Enterprise Value = 238.67b USD (238.82b + Debt 8.07b - CCE 8.22b)
Interest Coverage Ratio = 8.61 (Ebit TTM 11.39b / Interest Expense TTM 1.32b)
EV/FCF = 28.43x (Enterprise Value 238.67b / FCF TTM 8.40b)
FCF Yield = 3.52% (FCF TTM 8.40b / Enterprise Value 238.67b)
FCF Margin = 22.87% (FCF TTM 8.40b / Revenue TTM 36.71b)
Net Margin = 19.91% (Net Income TTM 7.31b / Revenue TTM 36.71b)
Gross Margin = 73.28% ((Revenue TTM 36.71b - Cost of Revenue TTM 9.81b) / Revenue TTM)
Gross Margin QoQ = 73.01% (prev 73.50%)
Tobins Q-Ratio = 3.39 (Enterprise Value 238.67b / Total Assets 70.33b)
Interest Expense / Debt = 5.73% (Interest Expense 462.7m / Debt 8.07b)
Taxrate = 31.48% (862.8m / 2.74b)
NOPAT = 7.81b (EBIT 11.39b * (1 - 31.48%))
Current Ratio = 1.17 (Total Current Assets 20.25b / Total Current Liabilities 17.24b)
Debt / Equity = 0.18 (Debt 8.07b / totalStockholderEquity, last quarter 44.73b)
Debt / EBITDA = -0.01 (Net Debt -148.9m / EBITDA 12.77b)
Debt / FCF = -0.02 (Net Debt -148.9m / FCF TTM 8.40b)
Total Stockholder Equity = 44.48b (last 4 quarters mean from totalStockholderEquity)
RoA = 10.12% (Net Income 7.31b / Total Assets 70.33b)
RoE = 16.43% (Net Income TTM 7.31b / Total Stockholder Equity 44.48b)
RoCE = 22.56% (EBIT 11.39b / Capital Employed (Equity 44.48b + L.T.Debt 6.02b))
RoIC = 17.14% (NOPAT 7.81b / Invested Capital 45.54b)
WACC = 9.31% (E(238.82b)/V(246.89b) * Re(9.49%) + D(8.07b)/V(246.89b) * Rd(5.73%) * (1-Tc(0.31)))
Discount Rate = 9.49% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -0.25%
[DCF] Terminal Value 74.81% ; FCFF base≈6.86b ; Y1≈7.45b ; Y5≈9.32b
[DCF] Fair Price = 110.2 (EV 128.20b - Net Debt -148.9m = Equity 128.35b / Shares 1.16b; r=9.31% [WACC]; 5y FCF grow 9.89% → 2.90% )
EPS Correlation: 32.32 | EPS CAGR: 16.74% | SUE: 0.34 | # QB: 0
Revenue Correlation: 90.91 | Revenue CAGR: 9.73% | SUE: -1.66 | # QB: 0
EPS next Quarter (2026-03-31): EPS=1.93 | Chg7d=-0.004 | Chg30d=+0.031 | Revisions Net=+3 | Analysts=5
EPS current Year (2026-12-31): EPS=8.54 | Chg7d=-0.043 | Chg30d=+0.065 | Revisions Net=+5 | Growth EPS=+16.4% | Growth Revenue=+9.3%
EPS next Year (2027-12-31): EPS=10.10 | Chg7d=-0.035 | Chg30d=-0.164 | Revisions Net=+1 | Growth EPS=+18.2% | Growth Revenue=+13.1%
[Analyst] Revisions Ratio: +0.60 (4 Up / 1 Down within 30d for Next Quarter)
[Growth] Implied Growth Rate = 5.9% (Discount Rate 9.5% - Earnings Yield 3.6%)
[Growth] Growth Spread = +0.2% (Analyst 6.1% - Implied 5.9%)

Additional Sources for SAP Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Fund Manager Positions: Dataroma | Stockcircle