SAP SE
SAP SE (SAP) is listed on NYSE and classified in Software - Application, part of the Technology sector. It is headquartered in Walldorf, Germany and has 112,019 employees. The company is worth $277.69B and trades at 29.8x its earnings of the last twelve months; the median for its sector is 28.0x. Revenue was €36.8B in fiscal 2025, up 7.7% from the year before. Net income was €7.16B. The share price is 14.5% below its 52-week high of $281.37. It pays a dividend yielding 1.22%. 4 of the 38 superinvestors we track held it at the end of Q2 2026. The largest position belongs to Ken Griffin (Citadel Advisors), at $14.18M. In that quarter, 4 of them reduced the position. No open-market insider trades in it were filed over the last 30 days.
Written from the data on this page: SEC filings (13F, Form 4, annual reports) and market prices.
Year by year, from the annual reports; dividends from the payments themselves.
Revenue, debt and profit are in EUR, the currency the company reports in — not converted to dollars. Dividends are in dollars.
Bars are year-end balances; lines are what happened during the year.
Major managers that reported this stock in their latest 13F.
▲ +74.6% over 5Y.
today you would have $1,685.16▲ +68.5%
Dividends reinvested, splits accounted for. Past prices say what happened, not what will.
The last 4 closed years, each at that year’s closing price and reported numbers.
| Indicator | Median | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Year-end price | $242.91 | $246.21 | $154.59 | $103.19 | |
| EPS | €6.10 | €2.65 | €5.17 | €1.95 | |
| Dividend yield | 1.25% | 1.08% | 0.97% | 1.41% | 2.58% |
| Profit margin | 14.30% | 19.46% | 9.14% | 19.67% | 7.74% |
| ROE | 10.55% | 16.06% | 6.88% |
Seven formulas applied to the reported numbers, each with its assumption next to the result. None of them predicts a price.
Square root of 22.5 × earnings × book value. Blind to intangibles, so it undervalues software and brands.
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
Median P/E of 28.0 among peers in the sector.
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
Companies of similar size in Technology, for comparison. The columns are the same ones above, in the same order.
| Stock | Price | P/E | P/B | Dividend yield | ROE | Market cap |
|---|---|---|---|---|---|---|
| DELLDell Technologies Inc. | $452.95 | 26.3x | — | 0.56% | — | $287.99B |
| LRCXLam Research Corp | $230.15 | 34.3x | 23.1x | 0.57% | 65.07% | $288.02B |
| PANWPalo Alto Networks Inc | $354.92 | 865.7x | 10.5x | 0.00% | 1.74% | $290.32B |
| AMATApplied Materials Inc | $375.58 |
| 14.22% |
| 5.68% |
This company reports in EUR, and the stock trades in dollars. P/E, P/S, P/B and payout would divide dollars by EUR, so they are not shown; EPS is in EUR. Margin, ROE and dividend yield do not depend on the currency.
Median of the years shown; P/E years above 200x are left out.
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
The average of the method families that answered, not of the seven numbers: four of the seven start from the same earnings per share.
2 methods answered, across 1 families.
Room for errors in the reported numbers.
-34.8% from the average.
Models, not forecasts, and not investment advice. How each formula works →
| 35.3x |
| 11.6x |
| 0.56% |
| 41.07% |
| $298.06B |
| TXNTexas Instruments Inc | $279.50 | 36.9x | 15.6x | 2.18% | 35.18% | $255.25B |
| CRWDCrowdStrike Holdings, Inc. | $237.94 | 4758.8x | 47.8x | 0.00% | 1.46% | $243.64B |