` Comparison: BASE, SAP - Alpha Spread

BASE
vs
SAP

Over the past 12 months, BASE has underperformed SAP, delivering a return of +23% compared to the SAP's +27% growth.

Smart Verdict
AI-Powered

Not Sure Which Stock Wins?
Let AI Decide.
BASE
SAP
One-click summary across all key metrics.
Ranked results with clear takeaways.
No spreadsheets, no guesswork.
One-click summary across all key metrics.
Ranked results with clear takeaways.
No spreadsheets, no guesswork.
Start AI Comparison
Valuation
Growth
Profitability
Solvency
Comparing Valuation
Running a multi-layered valuation analysis to compare how attractive each stock is.
Comparing Growth
Financial growth, forecasts, volatility, and historical drawdowns.
Comparing Profitability
Margins, returns on capital, and the consistency of profitability.
Comparing Solvency
Debt levels, liquidity, interest coverage, and bankruptcy risk.
Summarizing...
We need a little more time to summarize the results

Valuation Comparison

BASE Intrinsic Value
12.61 USD
Overvaluation 48%
Intrinsic Value
Price
SAP Intrinsic Value
184.01 EUR
Overvaluation 25%
Intrinsic Value
Price
Company Last Price Intrinsic Value DCF Value Relative Value Wall St Target
Couchbase Inc
NASDAQ:BASE
24.27 USD
SAP SE
XETRA:SAP
245 EUR
Valuation Scenario:
Bear Case
Base Case
Bull Case

Growth Comparison

Growth Over Time
BASE, SAP

BASE
SAP
Add Stock
Revenue
www.alphaspread.com
Company LTM Historical Growth Growth Streak % Positive Years Max Drawdown Volatility Forecasted Growth
3 Years 5 Years 10 Years 1 Year 3 Years
Couchbase Inc
Revenue
SAP SE
Revenue

All metrics are calculated based on data from the last 10 years.

Profitability Comparison

Free Cash Flow
BASE, SAP

BASE
SAP
Add Stock
Free Cash Flow
www.alphaspread.com
Company LTM Average Historical Growth FCF Margin Conversion
3 Years 5 Years 3 Years 5 Years 10 Years
Couchbase Inc
NASDAQ:BASE
SAP SE
XETRA:SAP
What is Free Cash Flow?

Gross Margin

BASE
87.8%
SAP
73.8%
LTM 3Y Avg 5Y Avg 10Y Avg
Couchbase Inc
SAP SE

Operating Margin

BASE
-34.6%
SAP
27%
LTM 3Y Avg 5Y Avg 10Y Avg
Couchbase Inc
SAP SE

Net Margin

BASE
-33.2%
SAP
18.2%
LTM 3Y Avg 5Y Avg 10Y Avg
Couchbase Inc
SAP SE

FCF Margin

BASE
-13.1%
SAP
18.1%
LTM 3Y Avg 5Y Avg 10Y Avg
Couchbase Inc
SAP SE

ROE

BASE
-55.9%
SAP
15.8%
LTM 3Y Avg 5Y Avg 10Y Avg
Couchbase Inc
SAP SE

ROA

BASE
-29.2%
SAP
9.4%
LTM 3Y Avg 5Y Avg 10Y Avg
Couchbase Inc
SAP SE

ROIC

BASE
-86.3%
SAP
12.2%
LTM 3Y Avg 5Y Avg 10Y Avg
Couchbase Inc
SAP SE

ROCE

BASE
-56%
SAP
19.2%
LTM 3Y Avg 5Y Avg 10Y Avg
Couchbase Inc
SAP SE

Solvency Comparison

Balance Sheet Comparison

Stocks Performance

Stocks Performance
BASE, SAP

Loading

Performance Gap
BASE, SAP

Loading
BASE
SAP
Difference
www.alphaspread.com

Performance By Year
BASE, SAP

Loading
BASE
SAP
Add Stock
Not Sure Which Stock Wins?
Let AI Decide
One-click summary across all key metrics.
Ranked results with clear takeaways.
No spreadsheets, no guesswork.
Start AI Comparison
Compare BASE to other stocks
Unlock Full Access to Alpha Spread
Create Free Account