SAP SE (1SAP.MI) Fundamental Analysis & Valuation

BIT:1SAP • DE0007164600

Current stock price

145.86 EUR
+0.24 (+0.16%)
Last:

This 1SAP.MI fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

8

1. 1SAP.MI Profitability Analysis

1.1 Basic Checks

  • In the past year 1SAP was profitable.
  • 1SAP had a positive operating cash flow in the past year.
  • 1SAP had positive earnings in each of the past 5 years.
  • 1SAP had a positive operating cash flow in each of the past 5 years.
1SAP.MI Yearly Net Income VS EBIT VS OCF VS FCF1SAP.MI Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2B 4B 6B 8B 10B

1.2 Ratios

  • With an excellent Return On Assets value of 10.41%, 1SAP belongs to the best of the industry, outperforming 83.04% of the companies in the same industry.
  • Looking at the Return On Equity, with a value of 16.37%, 1SAP is in the better half of the industry, outperforming 74.11% of the companies in the same industry.
  • 1SAP has a Return On Invested Capital of 13.43%. This is amongst the best in the industry. 1SAP outperforms 83.04% of its industry peers.
  • Measured over the past 3 years, the Average Return On Invested Capital for 1SAP is in line with the industry average of 12.32%.
  • The 3 year average ROIC (10.61%) for 1SAP is below the current ROIC(13.43%), indicating increased profibility in the last year.
Industry RankSector Rank
ROA 10.41%
ROE 16.37%
ROIC 13.43%
ROA(3y)7.87%
ROA(5y)6.83%
ROE(3y)12.49%
ROE(5y)11.34%
ROIC(3y)10.61%
ROIC(5y)9.31%
1SAP.MI Yearly ROA, ROE, ROIC1SAP.MI Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5 10 15

1.3 Margins

  • With an excellent Profit Margin value of 19.91%, 1SAP belongs to the best of the industry, outperforming 85.71% of the companies in the same industry.
  • 1SAP's Profit Margin has been stable in the last couple of years.
  • The Operating Margin of 1SAP (28.17%) is better than 86.61% of its industry peers.
  • 1SAP's Operating Margin has been stable in the last couple of years.
  • 1SAP has a Gross Margin of 73.62%. This is comparable to the rest of the industry: 1SAP outperforms 52.68% of its industry peers.
  • 1SAP's Gross Margin has been stable in the last couple of years.
Industry RankSector Rank
OM 28.17%
PM (TTM) 19.91%
GM 73.62%
OM growth 3Y8.24%
OM growth 5Y1.17%
PM growth 3Y37.04%
PM growth 5Y1.13%
GM growth 3Y0.25%
GM growth 5Y0.42%
1SAP.MI Yearly Profit, Operating, Gross Margins1SAP.MI Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20 40 60

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

7

2. 1SAP.MI Health Analysis

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), 1SAP is creating some value.
  • 1SAP has about the same amout of shares outstanding than it did 1 year ago.
  • Compared to 5 years ago, 1SAP has less shares outstanding
  • The debt/assets ratio for 1SAP has been reduced compared to a year ago.
1SAP.MI Yearly Shares Outstanding1SAP.MI Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 200M 400M 600M 800M 1B
1SAP.MI Yearly Total Debt VS Total Assets1SAP.MI Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20B 40B 60B

2.2 Solvency

  • An Altman-Z score of 6.21 indicates that 1SAP is not in any danger for bankruptcy at the moment.
  • 1SAP has a Altman-Z score of 6.21. This is amongst the best in the industry. 1SAP outperforms 84.82% of its industry peers.
  • The Debt to FCF ratio of 1SAP is 0.96, which is an excellent value as it means it would take 1SAP, only 0.96 years of fcf income to pay off all of its debts.
  • Looking at the Debt to FCF ratio, with a value of 0.96, 1SAP is in the better half of the industry, outperforming 77.68% of the companies in the same industry.
  • A Debt/Equity ratio of 0.13 indicates that 1SAP is not too dependend on debt financing.
  • The Debt to Equity ratio of 1SAP (0.13) is better than 66.07% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.13
Debt/FCF 0.96
Altman-Z 6.21
ROIC/WACC1.78
WACC7.56%
1SAP.MI Yearly LT Debt VS Equity VS FCF1SAP.MI Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10B 20B 30B 40B

2.3 Liquidity

  • 1SAP has a Current Ratio of 1.17. This is a normal value and indicates that 1SAP is financially healthy and should not expect problems in meeting its short term obligations.
  • 1SAP has a Current ratio of 1.17. This is in the lower half of the industry: 1SAP underperforms 64.29% of its industry peers.
  • 1SAP has a Quick Ratio of 1.17. This is a normal value and indicates that 1SAP is financially healthy and should not expect problems in meeting its short term obligations.
  • 1SAP's Quick ratio of 1.17 is on the low side compared to the rest of the industry. 1SAP is outperformed by 61.61% of its industry peers.
  • 1SAP does not score too well on the current and quick ratio evaluation. However, as it has excellent solvency and profitability, these ratios do not necessarly indicate liquidity issues and need to be evaluated against the specifics of the business.
Industry RankSector Rank
Current Ratio 1.17
Quick Ratio 1.17
1SAP.MI Yearly Current Assets VS Current Liabilites1SAP.MI Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5B 10B 15B 20B

More info and screens

WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

6

3. 1SAP.MI Growth Analysis

3.1 Past

  • 1SAP shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 24.62%, which is quite impressive.
  • The Earnings Per Share has been growing slightly by 2.60% on average over the past years.
  • Looking at the last year, 1SAP shows a small growth in Revenue. The Revenue has grown by 7.68% in the last year.
  • 1SAP shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 6.12% yearly.
EPS 1Y (TTM)24.62%
EPS 3Y14.85%
EPS 5Y2.6%
EPS Q2Q%19.47%
Revenue 1Y (TTM)7.68%
Revenue growth 3Y7.62%
Revenue growth 5Y6.12%
Sales Q2Q%6.18%

3.2 Future

  • The Earnings Per Share is expected to grow by 18.59% on average over the next years. This is quite good.
  • 1SAP is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 10.55% yearly.
EPS Next Y18.39%
EPS Next 2Y17.63%
EPS Next 3Y17.41%
EPS Next 5Y18.59%
Revenue Next Year8.81%
Revenue Next 2Y10.27%
Revenue Next 3Y10.69%
Revenue Next 5Y10.55%

3.3 Evolution

  • When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
1SAP.MI Yearly Revenue VS Estimates1SAP.MI Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 20B 40B 60B
1SAP.MI Yearly EPS VS Estimates1SAP.MI Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 5 10 15 20

More info and screens

Find the best growth stocksShow best growing peers

5

4. 1SAP.MI Valuation Analysis

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 22.68, which indicates a rather expensive current valuation of 1SAP.
  • Based on the Price/Earnings ratio, 1SAP is valued a bit cheaper than 73.21% of the companies in the same industry.
  • Compared to an average S&P500 Price/Earnings ratio of 26.77, 1SAP is valued at the same level.
  • With a Price/Forward Earnings ratio of 17.14, 1SAP is valued on the expensive side.
  • Based on the Price/Forward Earnings ratio, 1SAP is valued a bit cheaper than 71.43% of the companies in the same industry.
  • The average S&P500 Price/Forward Earnings ratio is at 21.75. 1SAP is valued slightly cheaper when compared to this.
Industry RankSector Rank
PE 22.68
Fwd PE 17.14
1SAP.MI Price Earnings VS Forward Price Earnings1SAP.MI Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, 1SAP is valued a bit cheaper than 65.18% of the companies in the same industry.
  • 1SAP's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. 1SAP is cheaper than 67.86% of the companies in the same industry.
Industry RankSector Rank
P/FCF 21.29
EV/EBITDA 15.07
1SAP.MI Per share data1SAP.MI EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 10 20 30

4.3 Compensation for Growth

  • The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
  • The excellent profitability rating of 1SAP may justify a higher PE ratio.
  • 1SAP's earnings are expected to grow with 17.41% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.23
PEG (5Y)8.73
EPS Next 2Y17.63%
EPS Next 3Y17.41%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

7

5. 1SAP.MI Dividend Analysis

5.1 Amount

  • With a Yearly Dividend Yield of 1.78%, 1SAP has a reasonable but not impressive dividend return.
  • The stock price of 1SAP dropped by -27.79% in the last 3 months. With lower prices the dividend yield is higher, but it may be a sign investors do not trust the long term dividend.
  • 1SAP's Dividend Yield is rather good when compared to the industry average which is at 0.74. 1SAP pays more dividend than 86.61% of the companies in the same industry.
  • Compared to an average S&P500 Dividend Yield of 1.82, 1SAP has a dividend comparable with the average S&P500 company.
Industry RankSector Rank
Dividend Yield 1.78%

5.2 History

  • The dividend of 1SAP is nicely growing with an annual growth rate of 8.40%!
Dividend Growth(5Y)8.4%
Div Incr Years0
Div Non Decr Years0

5.3 Sustainability

  • 1SAP pays out 37.44% of its income as dividend. This is a sustainable payout ratio.
  • 1SAP's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP37.44%
EPS Next 2Y17.63%
EPS Next 3Y17.41%
1SAP.MI Yearly Income VS Free CF VS Dividend1SAP.MI Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2B 4B 6B 8B
1SAP.MI Dividend Payout.1SAP.MI Dividend Payout, showing the Payout Ratio.1SAP.MI Dividend Payout.PayoutRetained Earnings

More info and screens

Find the best dividend stocksShow peers with best dividend

1SAP.MI Fundamentals: All Metrics, Ratios and Statistics

SAP SE

BIT:1SAP (4/30/2026, 7:00:00 PM)

145.86

+0.24 (+0.16%)

Chartmill FA Rating
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Industry Strength11.49
Industry Growth60.67
Earnings (Last)04-23
Earnings (Next)07-23
Inst Owners38.98%
Inst Owner ChangeN/A
Ins Owners8.07%
Ins Owner ChangeN/A
Market Cap179.19B
Revenue(TTM)36.80B
Net Income(TTM)7.33B
Analysts76.59
Price Target242.18 (66.04%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 1.78%
Yearly Dividend2.35
Dividend Growth(5Y)8.4%
DP37.44%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)3.87%
Min EPS beat(2)3.69%
Max EPS beat(2)4.05%
EPS beat(4)4
Avg EPS beat(4)4.8%
Min EPS beat(4)1.63%
Max EPS beat(4)9.81%
EPS beat(8)5
Avg EPS beat(8)-1.12%
EPS beat(12)8
Avg EPS beat(12)13.78%
EPS beat(16)8
Avg EPS beat(16)6.36%
Revenue beat(2)0
Avg Revenue beat(2)-1.88%
Min Revenue beat(2)-1.96%
Max Revenue beat(2)-1.8%
Revenue beat(4)0
Avg Revenue beat(4)-1.77%
Min Revenue beat(4)-1.96%
Max Revenue beat(4)-1.6%
Revenue beat(8)1
Avg Revenue beat(8)-0.88%
Revenue beat(12)3
Avg Revenue beat(12)-0.79%
Revenue beat(16)3
Avg Revenue beat(16)-1.45%
PT rev (1m)-3.47%
PT rev (3m)-16.37%
EPS NQ rev (1m)1.53%
EPS NQ rev (3m)3.57%
EPS NY rev (1m)-0.34%
EPS NY rev (3m)0.42%
Revenue NQ rev (1m)0.49%
Revenue NQ rev (3m)-1.3%
Revenue NY rev (1m)-0.11%
Revenue NY rev (3m)-1.94%
Valuation
Industry RankSector Rank
PE 22.68
Fwd PE 17.14
P/S 4.87
P/FCF 21.29
P/OCF 19.57
P/B 4
P/tB 13.32
EV/EBITDA 15.07
EPS(TTM)6.43
EY4.41%
EPS(NY)8.51
Fwd EY5.83%
FCF(TTM)6.85
FCFY4.7%
OCF(TTM)7.45
OCFY5.11%
SpS29.96
BVpS36.43
TBVpS10.95
PEG (NY)1.23
PEG (5Y)8.73
Graham Number72.5956 (-50.23%)
Profitability
Industry RankSector Rank
ROA 10.41%
ROE 16.37%
ROCE 19.52%
ROIC 13.43%
ROICexc 16.45%
ROICexgc 59.21%
OM 28.17%
PM (TTM) 19.91%
GM 73.62%
FCFM 22.87%
ROA(3y)7.87%
ROA(5y)6.83%
ROE(3y)12.49%
ROE(5y)11.34%
ROIC(3y)10.61%
ROIC(5y)9.31%
ROICexc(3y)13.63%
ROICexc(5y)11.8%
ROICexgc(3y)62.47%
ROICexgc(5y)55.44%
ROCE(3y)15.47%
ROCE(5y)13.63%
ROICexgc growth 3Y5.44%
ROICexgc growth 5Y0.02%
ROICexc growth 3Y18.72%
ROICexc growth 5Y5.54%
OM growth 3Y8.24%
OM growth 5Y1.17%
PM growth 3Y37.04%
PM growth 5Y1.13%
GM growth 3Y0.25%
GM growth 5Y0.42%
F-Score9
Asset Turnover0.52
Health
Industry RankSector Rank
Debt/Equity 0.13
Debt/FCF 0.96
Debt/EBITDA 0.52
Cap/Depr 56.37%
Cap/Sales 2.01%
Interest Coverage 18.06
Cash Conversion 78.41%
Profit Quality 114.88%
Current Ratio 1.17
Quick Ratio 1.17
Altman-Z 6.21
F-Score9
WACC7.56%
ROIC/WACC1.78
Cap/Depr(3y)58.6%
Cap/Depr(5y)53.4%
Cap/Sales(3y)2.29%
Cap/Sales(5y)2.54%
Profit Quality(3y)115.61%
Profit Quality(5y)131.78%
High Growth Momentum
Growth
EPS 1Y (TTM)24.62%
EPS 3Y14.85%
EPS 5Y2.6%
EPS Q2Q%19.47%
EPS Next Y18.39%
EPS Next 2Y17.63%
EPS Next 3Y17.41%
EPS Next 5Y18.59%
Revenue 1Y (TTM)7.68%
Revenue growth 3Y7.62%
Revenue growth 5Y6.12%
Sales Q2Q%6.18%
Revenue Next Year8.81%
Revenue Next 2Y10.27%
Revenue Next 3Y10.69%
Revenue Next 5Y10.55%
EBIT growth 1Y27.11%
EBIT growth 3Y16.49%
EBIT growth 5Y7.37%
EBIT Next Year28.79%
EBIT Next 3Y19.32%
EBIT Next 5Y17.6%
FCF growth 1Y90.3%
FCF growth 3Y20.83%
FCF growth 5Y5.71%
OCF growth 1Y75.4%
OCF growth 3Y17.49%
OCF growth 5Y4.94%

SAP SE / 1SAP.MI Fundamental Analysis FAQ

What is the ChartMill fundamental rating of SAP SE (1SAP.MI) stock?

ChartMill assigns a fundamental rating of 7 / 10 to 1SAP.MI.


Can you provide the valuation status for SAP SE?

ChartMill assigns a valuation rating of 5 / 10 to SAP SE (1SAP.MI). This can be considered as Fairly Valued.


Can you provide the profitability details for SAP SE?

SAP SE (1SAP.MI) has a profitability rating of 8 / 10.


Can you provide the financial health for 1SAP stock?

The financial health rating of SAP SE (1SAP.MI) is 7 / 10.


Is the dividend of SAP SE sustainable?

The dividend rating of SAP SE (1SAP.MI) is 7 / 10 and the dividend payout ratio is 37.44%.