SAP SE
F:SAP

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SAP SE
F:SAP
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Price: 207.35 EUR -0.46%
Market Cap: 241.9B EUR
Section:
 

Relative Value

The Relative Value of one SAP stock under the Base Case scenario is 204.43 EUR. Compared to the current market price of 207.35 EUR, SAP SE is Overvalued by 1%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

SAP Relative Value
Base Case
204.43 EUR
Overvaluation 1%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

6.6
P/S
P/S
Price to Sales
6.6
vs History
28
vs Industry
13
Median 3Y
6.5
Median 5Y
4.9
Industry
2.4
Forward
6.5
More Details
34.2
P/E
P/E
Price to Earnings
34.2
vs History
46
vs Industry
6
Median 3Y
43.6
Median 5Y
31
Industry
22.3
Forward
34
More Details
33.2
P/OCF
P/OCF
Price to OCF
33.2
vs History
20
vs Industry
9
Median 3Y
30.2
Median 5Y
23.6
Industry
16
More Details
60.4
P/FCFE
P/FCFE
Price to FCFE
60.4
vs History
23
vs Industry
12
Median 3Y
58.1
Median 5Y
51.5
Industry
20.6
More Details
5.7
P/B
P/B
Price to Book Value
5.7
vs History
23
vs Industry
17
Median 3Y
4.8
Median 5Y
3.8
Industry
2.9
More Details
6.5
EV/S
EV/S
Enterprise Value to Sales
6.5
vs History
26
vs Industry
13
Median 3Y
6.4
Median 5Y
4.8
Industry
2.4
Forward
6.4
More Details
8.9
EV/GP
EV/GP
Enterprise Value to Gross Profit
8.9
vs History
28
vs Industry
19
Median 3Y
8.8
Median 5Y
6.6
Industry
4.9
More Details
21
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
21
vs History
36
vs Industry
15
Median 3Y
23.3
Median 5Y
17.1
Industry
12.2
Forward
20.5
More Details
23.8
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
23.8
vs History
41
vs Industry
14
Median 3Y
27.7
Median 5Y
21.7
Industry
15.8
Forward
22.9
More Details
32.6
EV/OCF
EV/OCF
Enterprise Value to OCF
32.6
vs History
20
vs Industry
10
Median 3Y
29.6
Median 5Y
22.8
Industry
14.6
More Details
36.8
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
36.8
vs History
19
vs Industry
8
Median 3Y
33
Median 5Y
26.9
Industry
17.1
More Details
4.2
EV/IC
EV/IC
Enterprise Value to IC
4.2
vs History
22
vs Industry
22
Median 3Y
3.6
Median 5Y
2.6
Industry
2.4
More Details

Multiples Across Competitors

SAP Competitors Multiples
SAP SE Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
DE
SAP SE
F:SAP
242.3B EUR 6.6 34.2 21 23.8
IL
Sapiens International Corporation NV
NASDAQ:SPNS
779.6B USD 1 381.5 12 118.2 7 802.2 10 065
US
Ezenia! Inc
OTC:EZEN
567B USD 233 910.9 -180 630.8 -182 667.2 -177 298
US
Palantir Technologies Inc
NYSE:PLTR
460.5B USD 118.2 420.4 518.5 534.5
US
Salesforce Inc
NYSE:CRM
248.2B USD 6.2 34.4 20 27.6
US
Applovin Corp
NASDAQ:APP
246.6B USD 44.7 87.1 69.1 75.1
US
Intuit Inc
NASDAQ:INTU
187.8B USD 9.7 45.6 31.5 36.5
US
Adobe Inc
NASDAQ:ADBE
147.5B USD 6.2 20.7 15.4 16.9
US
NCR Corp
LSE:0K45
138B USD 52.1 -2 261.7 392 1 147
US
Synopsys Inc
NASDAQ:SNPS
88.2B USD 13.7 44.1 69.8 90.5
US
Cadence Design Systems Inc
NASDAQ:CDNS
86.4B USD 16.6 81.4 46.2 52.3
P/S Multiple
Revenue Growth P/S to Growth
DE
SAP SE
F:SAP
Average P/S: 21 415.1
6.6
11%
0.6
IL
Sapiens International Corporation NV
NASDAQ:SPNS
1 381.5
8%
172.7
US
Ezenia! Inc
OTC:EZEN
233 910.9
N/A N/A
US
Palantir Technologies Inc
NYSE:PLTR
118.2
46%
2.6
US
Salesforce Inc
NYSE:CRM
6.2
9%
0.7
US
Applovin Corp
NASDAQ:APP
44.7
28%
1.6
US
Intuit Inc
NASDAQ:INTU
9.7
13%
0.7
US
Adobe Inc
NASDAQ:ADBE
6.2
9%
0.7
US
N
NCR Corp
LSE:0K45
52.1
-8%
N/A
US
Synopsys Inc
NASDAQ:SNPS
13.7
21%
0.7
US
Cadence Design Systems Inc
NASDAQ:CDNS
16.6
14%
1.2
P/E Multiple
Earnings Growth PEG
DE
SAP SE
F:SAP
Average P/E: 1 431.8
34.2
48%
0.7
IL
Sapiens International Corporation NV
NASDAQ:SPNS
12 118.2
11%
1 101.7
US
Ezenia! Inc
OTC:EZEN
Negative Multiple: -180 630.8 N/A N/A
US
Palantir Technologies Inc
NYSE:PLTR
420.4
94%
4.5
US
Salesforce Inc
NYSE:CRM
34.4
31%
1.1
US
Applovin Corp
NASDAQ:APP
87.1
61%
1.4
US
Intuit Inc
NASDAQ:INTU
45.6
31%
1.5
US
Adobe Inc
NASDAQ:ADBE
20.7
19%
1.1
US
N
NCR Corp
LSE:0K45
Negative Multiple: -2 261.7
-49%
N/A
US
Synopsys Inc
NASDAQ:SNPS
44.1
13%
3.4
US
Cadence Design Systems Inc
NASDAQ:CDNS
81.4
35%
2.3
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
DE
SAP SE
F:SAP
Average EV/EBITDA: 898.6
21
18%
1.2
IL
Sapiens International Corporation NV
NASDAQ:SPNS
7 802.2
5%
1 560.4
US
Ezenia! Inc
OTC:EZEN
Negative Multiple: -182 667.2 N/A N/A
US
Palantir Technologies Inc
NYSE:PLTR
518.5
137%
3.8
US
Salesforce Inc
NYSE:CRM
20
24%
0.8
US
Applovin Corp
NASDAQ:APP
69.1
52%
1.3
US
Intuit Inc
NASDAQ:INTU
31.5
27%
1.2
US
Adobe Inc
NASDAQ:ADBE
15.4
16%
1
US
N
NCR Corp
LSE:0K45
392
16%
24.5
US
Synopsys Inc
NASDAQ:SNPS
69.8
44%
1.6
US
Cadence Design Systems Inc
NASDAQ:CDNS
46.2
27%
1.7
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
DE
SAP SE
F:SAP
Average EV/EBIT: 1 206.9
23.8
21%
1.1
IL
Sapiens International Corporation NV
NASDAQ:SPNS
10 065
12%
838.7
US
Ezenia! Inc
OTC:EZEN
Negative Multiple: -177 298 N/A N/A
US
Palantir Technologies Inc
NYSE:PLTR
534.5
141%
3.8
US
Salesforce Inc
NYSE:CRM
27.6
33%
0.8
US
Applovin Corp
NASDAQ:APP
75.1
57%
1.3
US
Intuit Inc
NASDAQ:INTU
36.5
32%
1.1
US
Adobe Inc
NASDAQ:ADBE
16.9
19%
0.9
US
N
NCR Corp
LSE:0K45
1 147
70%
16.4
US
Synopsys Inc
NASDAQ:SNPS
90.5
49%
1.8
US
Cadence Design Systems Inc
NASDAQ:CDNS
52.3
30%
1.7

See Also

Summary
SAP intrinsic value, competitors valuation, and company profile.
DCF Valuation
SAP stock valuation using Discount Cash Flow valuation method.
Relative Valuation
SAP stock valuation using valuation multiples.
Wall Street Estimates
SAP price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
SAP stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
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