Fair Value Calculator Fair Value Calculator
EN DE

SAP SE (SAP) Fair Value & Analysis

Technology · US · Market cap $176B

SS SAP SE logo SAP SE SAP · US
Price$153.38
Fair Value$137.71
Upside-10.2%
Quality68/100
Watch SAP SE for free — get notified when fair value or trend changes. Watch for free
Evidence: High Range $97.68 – $172.11

Fair value as of: Jun 24, 2026

From 26 valuation models · updated 8 days ago

Fair value updated Jun 24, 2026 — revised from $138.66 to $137.71 (−0.7%) since Jun 23, 2026. Share price −14.8% over the past month.

Price vs Fair Value (12 months)

$289.23 $139.67 Fair Value $137.71 Jul 2025 Jul 2026

12‑month range $139.67 – $289.23 · fair‑value band $97.68 – $172.11 · the $153.38 price screens above the $137.71 fair value. As of Jun 24, 2026.

✦ Which stocks are undervalued right now? Check free Discover now →

Analysis

SAP SE (SAP) currently trades at $153.38, while our model-based Fair Value estimate is $137.71 — implying the stock looks roughly 10.2% overvalued today. We read business quality at 68/100 (solid quality), in the Technology 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).

Over the trailing twelve months, SAP SE generated revenue of $37.3B at a net margin of 19.6%. Revenue grew 6.0% year over year. It earns a return on equity of 16.4%. The balance sheet holds a net cash position of $149M. Fundamentals as of Jun 24, 2026

Key figures & financial health

Revenue (TTM) $37.3B
Revenue growth (YoY) +6.0%
Net margin 19.6%
Return on equity 16.4%
Free cash flow $7.9B FY2025
P/E ratio 20.9
More key figures
Operating margin 30.0%
EPS (TTM) $7.16
Dividend yield 2.0%
EPS growth (YoY) +9.3%
Net cash $149M FY2025

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

About the company

SAP SE, together with its subsidiaries, provides enterprise application and business solutions worldwide. It offers SAP Business AI; SAP S/4HANA that provides software capabilities for finance, risk and project management, procurement, manufacturing, supply chain and asset management, and research and development; SAP SuccessFactors solutions for human resources, including HR, time, payroll, talent and employee experience management, and analytics and planning; and spend management solutions that covers direct and indirect spend, travel and expense, and external workforce management. The company also provides SAP customer experience solutions; SAP Business Technology platform that enables customers and partners to build, integrate, and automate applications; and SAP Business Network, a business-to-business collaboration platform that helps digitalize key business processes across the supply chain and enables communication between trading partners. In addition, it offers SAP …

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

SAP SE 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

Is SAP fairly valued? → Check now

Recent news

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

Similar stocks

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

Stock Price Fair Value vs Fair Value
Salesforce, Inc CRM $188.75 $178.06 -6%
Uber Technologies, Inc UBER $70.71 $90.28 +28%
Shopify Inc SHOP $107.98 $32.94 -69%
ServiceNow, Inc NOW $93.01 $76.44 -18%
Cadence Design Systems, Inc CDNS $385.13 $80.41 -79%
Adobe Inc ADBE $194.90 $445.26 +128%

Explore undervalued stocks

More undervalued Technology stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued Blue-Chip StocksUndervalued Small-Cap Stocks

Frequently asked questions

Is SAP SE (SAP) undervalued?
As of Jun 24, 2026, our model estimates a fair value of $137.71 versus a price of $153.38 — about −10% (overvalued). Model-based estimate, not financial advice.
What is the fair value of SAP?
Our model-based fair value for SAP SE is $137.71 (as of Jun 24, 2026), built from audited fundamentals. The current price is $153.38.
What is the quality score of SAP?
SAP SE has a Quality Score of 68/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of SAP SE (SAP)?
SAP SE reported trailing-twelve-month revenue of about $37.3B (latest available figure, as of Jun 24, 2026).
What is the net profit margin of SAP?
The net profit margin of SAP SE is about 19.6%, meaning it keeps roughly 19.6% of revenue as net income. Based on the latest reported figures.
Does SAP SE pay a dividend?
SAP SE currently shows a dividend yield of about 1.96% 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.