Loading stockData sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
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Loading stockData sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Not financial advice. Analytical data for research only.
Intrinsiqq is a Netherlands-based company operating in Rotterdam, KvK 73238007.
SAP SE is a global enterprise software company headquartered in Walldorf, Germany. As a leader in business applications and artificial intelligence, SAP develops comprehensive software solutions that help organizations manage core business operations and drive digital transformation. The company's primary offerings include enterprise resource planning systems, the SAP S/4HANA platform, and the SAP Business Technology Platform, which power financial management, supply chain operations, procurement, human resources, and customer experience functions. SAP also provides cloud-based applications, database technology, business intelligence tools, and related professional services including implementation, consulting, and training. The company serves organizations across diverse industries such as manufacturing, financial services, retail, energy, and public sector, operating through a global network with presence in over 180 countries. SAP's integrated technology ecosystem enables businesses to streamline processes, enhance decision-making capabilities, and transition toward intelligent and sustainable operations on a worldwide scale.
€169.26
+€1.88 (+1.12%)
Live · 08:15 PM
26.14% operating margin is above average. ROIC at 12.59%.
Revenue grew 7.7%, steady but not accelerating.
At 26x earnings, the current multiple leaves limited room for execution misses or growth deceleration.
26.4x earnings, 24.5x FCF. Not cheap, the quality is already reflected in the price. Upside from here requires either margin expansion or growth re-acceleration, not just continuation.
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
€37.34B
▲ +7.7% YoY
Net Income (TTM)
€7.48B
▲ +132.6% YoY
Op. Margin
26.88%
▲ +3.3pp YoY
ROIC
12.59%
▲ +3.1pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
€8.08B
▲ +90.3% YoY
Op. Cash Flow (TTM)
€11.22B
▲ +51.7% YoY
Net Debt
-€2.30B
Net Cash Position
Cash & Equiv.
€9.77B
3Y CAGR: +7.6%
3Y CAGR: +20.8%
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At a P/E of 26.4 and a price-to-free-cash-flow of 24.5, SAP (SAP) trades around a two-stage DCF intrinsic value of about €173.16 per share, so at €169.26 the stock looks around fair value (2.3% below estimated intrinsic value). A high multiple is not the same as overvalued: fast-growing, high-quality businesses can deserve a premium. See the general approach in how to tell if a stock is overvalued.
On quality, SAP scores 83/100 on Intrinsiqq's quality scorecard (a high-quality business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. It currently yields about 1.4%; see dividend safety for coverage and history. All figures are computed from SEC filings; read the full methodology. This is analysis, not investment advice.
Intrinsiqq's two-stage DCF estimates an intrinsic value of about €173.16 per share for SAP, projecting its recent free cash flow forward with a growth rate that fades toward a long-run rate and discounting it back to today. Applying a 25% margin of safety gives a more conservative fair-value entry around €129.87. At today's €169.26, that puts the stock about 2.3% below estimated intrinsic value. The result is sensitive to the growth and discount-rate inputs, so it is best to run conservative, base and optimistic cases. You can adjust all of them yourself with the sliders on the DCF tab.
SAP scores 83 out of 100 on Intrinsiqq's quality score, a weighted blend of 8 metrics each scored 0 to 100, which makes it a high-quality business on these measures. Recent fundamentals include a 26.9% operating margin and a 12.6% return on invested capital. The score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, share-count change, and balance-sheet strength, all computed from SEC filings, not opinion. Because valuation only means something relative to quality, the full metric-by-metric breakdown is on the quality scorecard.
Yes, SAP pays a regular dividend of about €2.35 per share per year (typically in quarterly installments), a yield of roughly 1.4% at the current price. That is a payout ratio of about 36.7% of earnings, so the dividend is amply covered by earnings. SAP has grown the dividend at roughly 5.9% a year over the past few years. A low headline yield is not the same as a weak dividend: what matters is how well earnings and free cash flow cover the payout and whether it is growing, not the percentage alone. For SAP's full payout history, growth streak and dividend-safety score, see the dividends tab.
That depends on valuation and quality together, not either alone. SAP currently trades around its estimated intrinsic value and scores 83/100 on quality (high-quality). It also yields about 1.4%. A cheap price is only a bargain if the business is durable, and a premium can be justified by genuine quality, so the two questions, "is it cheap?" and "is it good?", only make sense side by side. Read the valuation against the quality scorecard, run the DCF on your own assumptions, and decide for yourself. This is analysis from SEC filings, not investment advice.