` Comparison: 3969, SAP - Alpha Spread

3969
vs
SAP

Over the past 12 months, Atled Corp has outperformed SAP, delivering a return of -2% compared to the SAP's 16% drop.

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3969
SAP
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Valuation Comparison

Intrinsic Value
1 542.47 JPY
Undervaluation 4%
Intrinsic Value
Price
SAP Intrinsic Value
191.75 EUR
Overvaluation 5%
Intrinsic Value
Price
Company Last Price Intrinsic Value DCF Value Relative Value Wall St Target
Atled Corp
TSE:3969
1 479 JPY
SAP SE
XETRA:SAP
201.95 EUR
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Growth Comparison

Growth Over Time
3969, SAP

3969
SAP
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Revenue
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Company LTM Historical Growth Growth Streak % Positive Years Max Drawdown Volatility Forecasted Growth
3 Years 5 Years 10 Years 1 Year 3 Years
Atled Corp
Revenue
SAP SE
Revenue

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

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Profitability Comparison

Free Cash Flow
3969, SAP

3969
SAP
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Free Cash Flow
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Company LTM Average Historical Growth FCF Margin Conversion
3 Years 5 Years 3 Years 5 Years 10 Years
Atled Corp
TSE:3969
SAP SE
XETRA:SAP
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What is Free Cash Flow?

Gross Margin

Atled Corp
65.2%
SAP
73.8%
LTM 3Y Avg 5Y Avg 10Y Avg
Atled Corp
SAP SE

Operating Margin

Atled Corp
36.2%
SAP
27.5%
LTM 3Y Avg 5Y Avg 10Y Avg
Atled Corp
SAP SE

Net Margin

Atled Corp
24.9%
SAP
19.4%
LTM 3Y Avg 5Y Avg 10Y Avg
Atled Corp
SAP SE

FCF Margin

Atled Corp
24.7%
SAP
17.8%
LTM 3Y Avg 5Y Avg 10Y Avg
Atled Corp
SAP SE

ROE

Atled Corp
13.6%
SAP
16.9%
LTM 3Y Avg 5Y Avg 10Y Avg
Atled Corp
SAP SE

ROA

Atled Corp
11.1%
SAP
10.3%
LTM 3Y Avg 5Y Avg 10Y Avg
Atled Corp
SAP SE

ROIC

Atled Corp
56%
SAP
13%
LTM 3Y Avg 5Y Avg 10Y Avg
Atled Corp
SAP SE

ROCE

Atled Corp
19.3%
SAP
19.6%
LTM 3Y Avg 5Y Avg 10Y Avg
Atled Corp
SAP SE

Solvency Comparison

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Balance Sheet Comparison
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Stocks Performance

Stocks Performance
3969, SAP

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3969
SAP
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1Y 3Y 5Y 10Y 15Y 20Y
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Performance Gap
3969, SAP

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3969
SAP
Difference
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1Y 3Y 5Y 10Y 15Y 20Y

Performance By Year
3969, SAP

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3969
SAP
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