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There (SAP) Fair Value & Analysis

Other · DE · Market cap €141B

T There SAP · HA
Price€143.18
Fair Value€123.78
Upside-13.5%
Quality94/100
Evidence: High Range €91.18 – €154.72

Fair value as of: Jun 24, 2026

From 24 valuation models · updated 6 days ago

Share price −3.8% over the past month.

Price vs Fair Value (12 months)

€260.04 €137.25 Fair Value €123.78 Jun 2025 Jun 2026

12‑month range €137.25 – €260.04 · fair‑value band €91.18 – €154.72 · the €143.18 price screens above the €123.78 fair value. As of Jun 24, 2026.

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Analysis

There (SAP) currently trades at €143.18, while our model-based Fair Value estimate is €123.78 — implying the stock looks roughly 13.5% overvalued today. We read business quality at 94/100 (high quality), in the Other sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium — the entry price still matters most (evidence: high).

Net debt stands at €1.9B. Fundamentals as of Jun 24, 2026

Key figures & financial health

Free cash flow €8.4B FY2025
Dividend yield 1.3%
Net debt €1.9B FY2022

Figures from reported company fundamentals (EODHD) · as of Jun 24, 2026. TTM = trailing twelve months.

About the company

There is no Profile data available for SAP.HA.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

There reported revenue of €36.8B in FY2025 versus €27.0B in FY2021, a compound +8.1%/yr. Reported net income was €7.2B in FY2025, compounding +8.0%/yr from FY2021.

Revenue +8.1%/yr
FY21 €27.0B
FY22 €29.5B
FY23 €31.2B
FY24 €34.2B
FY25 €36.8B
Net income +8.0%/yr
FY21 €5.3B
FY22 €2.3B
FY23 €6.1B
FY24 €3.1B
FY25 €7.2B

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Recent news

External third-party headlines (Yahoo Finance, Reuters and others) — not an editorial selection, not financial advice.

Similar stocks

6 more Other stocks, each showing price versus our Fair Value estimate (as of Jun 24, 2026).

Stock Price Fair Value vs Fair Value
Sony Corporation SON1 €17.58 €39.38 +124%
Federal Home Loan Mortgage Corporation FREJO $16.84 $64.93 +286%
GRFP GRFP €6.53 €3.78 -42%
Stifel Financial Corporation SFB $19.76 $46.86 +137%
EMBASSYRR EMBASSYRR ₹429.53 ₹141.05 -67%
Brighthouse Financial, Inc BHFAL $15.71 $30.69 +95%

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Frequently asked questions

Is There (SAP) undervalued?
As of Jun 24, 2026, our model estimates a fair value of €123.78 versus a price of €143.18 — about −14% (overvalued). Model-based estimate, not financial advice.
What is the fair value of SAP?
Our 21-model fair value for There is €123.78 (as of Jun 24, 2026), built from audited fundamentals. The current price is €143.18.
What is the quality score of SAP?
There has a Quality Score of 94/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the net profit margin of SAP?
The net profit margin of There is about 0.0%, meaning it keeps roughly 0.0% of revenue as net income. Based on the latest reported figures.
Does There pay a dividend?
There currently shows a dividend yield of about 1.26% relative to its recent price (as of Jun 24, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.