Valuation SAP SE Deutsche Boerse AG

Stocks

Real-time Estimate Tradegate Other stock markets 04:37:46 01/08/26 am AEST			5-day change	1st Jan Change
158.54 ^EUR	+1.34%		+12.62%	-24.14%

31/07	European Equities Traded in the US as American Depositary Receipts Track Sharply Higher in Thursday Trading	MT
30/07	German cartel office drops preliminary probe into SAP over data access	RE

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Market Cap ¹	147,329	112,276	162,380	274,903	242,644	179,963	-	-
Change	-	-23.79%	44.63%	69.3%	-11.73%	-25.83%	-	-
Enterprise Value (EV) ¹	151,243	116,785	160,588	273,208	239,263	177,877	174,701	166,445
Change	-	-22.78%	37.51%	70.13%	-12.42%	-25.66%	-1.79%	-4.73%
P/E	28x	49.2x	45.7x	89.2x	33.2x	22.1x	19.1x	16.3x
PBR	3.78x	2.81x	3.78x	6.06x	5.43x	3.89x	3.63x	3.21x
PEG	-	-0.9x	0.8x	-6.8x	0x	1.8x	1.2x	0.9x
Capitalization / Revenue	5.29x	3.64x	5.2x	8.04x	6.59x	4.47x	4x	3.57x
EV / Revenue	5.43x	3.78x	5.15x	7.99x	6.5x	4.42x	3.88x	3.3x
EV / EBITDA	15.1x	11.8x	15.9x	29x	20.4x	13.8x	11.8x	9.76x
EV / EBIT	18.4x	14.5x	18.4x	33.5x	23x	15.1x	12.9x	10.7x
EV / FCF	30.2x	26.9x	29x	66.4x	29x	17.6x	15.2x	12.7x
FCF Yield	3.31%	3.72%	3.44%	1.51%	3.44%	5.68%	6.58%	7.86%
Dividend per Share ²	1.95	2.05	2.2	2.35	2.5	2.675	3.005	3.404
Rate of return	1.56%	2.13%	1.58%	0.99%	1.2%	1.72%	1.93%	2.18%
EPS ²	4.46	1.96	3.05	2.65	6.28	7.046	8.145	9.579
Distribution rate	43.7%	105%	72.1%	88.7%	39.8%	38%	36.9%	35.5%
Net sales ¹	27,842	30,871	31,207	34,176	36,800	40,258	45,022	50,448
EBITDA ¹	10,005	9,929	10,094	9,433	11,730	12,864	14,839	17,052
EBIT ¹	8,230	8,033	8,721	8,153	10,419	11,751	13,579	15,606
Net income ¹	5,383	1,714	3,564	3,124	7,492	8,183	9,219	10,776
Net Debt ¹	3,914	4,509	-1,792	-1,695	-3,381	-2,086	-5,262	-13,518
Reference price ²	124.90	96.39	139.48	236.30	208.35	155.92	155.92	155.92
Nbr of stocks (in thousands)	1,179,579	1,164,814	1,164,184	1,163,363	1,164,600	1,154,200	-	-
Announcement Date	27/1/22	26/1/23	23/1/24	28/1/25	29/1/26	-	-	-

¹EUR in Million²EUR

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (N)	EV / Sales (N)	EV / EBITDA (N)	Dividend Yield (N)	Capi.($)
ORACLE CORPORATION	19.82x	5.61x	10.01x	1.61%	367B
SERVICENOW, INC.	71.25x	6.91x	18.51x	-.--%	114B
CONSTELLATION SOFTWARE INC.	36.17x	3.45x	12.45x	0.19%	45.67B
STRATEGY INC	13.23x	83.04x	708.13x	-.--%	35.63B
FAIR ISAAC CORPORATION	30.24x	11.76x	19.19x	-.--%	24.61B
TOAST, INC.	36.97x	2.29x	20.95x	-.--%	19.04B
GUIDEWIRE SOFTWARE, INC.	87.59x	8.33x	35.72x	-.--%	12.76B
TRIMBLE, INC.	25.27x	3.62x	12.21x	-	13.3B
HUBSPOT, INC.	62.16x	2.71x	11.05x	-.--%	11.94B
Average	42.52x	14.19x	94.25x	0.22%	71.58B
Weighted average by Cap.	32.85x	10.06x	51.55x	0.95%