SAP Relative Valuation - SAP SE - Alpha Spread
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Relative Value

The Relative Value of one SAP stock under the Base Case scenario is 168.26 USD. Compared to the current market price of 222.99 USD, SAP SE is Overvalued by 25%.

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
168.26 USD
Overvaluation 25%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
0
vs Industry
17
Median 3Y
4.7
Median 5Y
4.7
Industry
2.2
Forward
6.8
vs History
0
vs Industry
15
Median 3Y
30.8
Median 5Y
30.7
Industry
23
Forward
44.9
vs History
17
vs Industry
18
Median 3Y
22.9
Median 5Y
23.9
Industry
16.9
vs History
14
vs Industry
7
Median 3Y
52.2
Median 5Y
38.3
Industry
21.8
vs History
0
vs Industry
22
Median 3Y
3.5
Median 5Y
3.8
Industry
2.7
vs History
0
vs Industry
17
Median 3Y
4.6
Median 5Y
4.8
Industry
2.2
Forward
6.7
vs History
0
vs Industry
24
Median 3Y
6.4
Median 5Y
6.6
Industry
4.6
vs History
0
vs Industry
17
Median 3Y
17.8
Median 5Y
16.6
Industry
12.9
Forward
25.8
vs History
0
vs Industry
16
Median 3Y
22.9
Median 5Y
21.4
Industry
16.4
Forward
29.8
vs History
20
vs Industry
18
Median 3Y
22.8
Median 5Y
23.1
Industry
15.5
vs History
26
vs Industry
17
Median 3Y
26.4
Median 5Y
27.3
Industry
18.6
vs History
0
vs Industry
28
Median 3Y
2.4
Median 5Y
2.5
Industry
2.3

Multiples Across Competitors

SAP Competitors Multiples
SAP SE Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
DE
SAP SE
NYSE:SAP
259.9B USD 7.2 88.8 27 31.8
CN
Cloopen Group Holding Ltd
OTC:RAASY
5.9T USD 41 390.6 -6 513.1 -96 356.4 -94 489.2
US
Salesforce Inc
NYSE:CRM
246.6B USD 6.8 43.8 23 34.9
US
Adobe Inc
NASDAQ:ADBE
237.6B USD 11.3 44.4 27.9 31
US
Intuit Inc
NASDAQ:INTU
181.3B USD 11.1 61.2 39.4 47.4
US
NCR Corp
LSE:0K45
175B USD 23.1 -254.3 194.9 361.9
US
Palantir Technologies Inc
NYSE:PLTR
82.3B USD 33.3 204 240.8 268.1
US
Synopsys Inc
NASDAQ:SNPS
77B USD 12.6 51.2 43.6 50.9
US
Cadence Design Systems Inc
NASDAQ:CDNS
74.8B USD 18 70.9 55 62.5
CA
Constellation Software Inc
TSX:CSU
92.6B CAD 7.3 104.9 28.3 52.5
US
Workday Inc
NASDAQ:WDAY
66.3B USD 8.4 43 97.4 181.3

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