Stocktoria
SAP SE SAP.DE
SAP SE statistics & valuation
Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value (€72.81); a green figure means the price is below it.
Profitability & efficiency
Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).
P / E vs its own history
SAP SE trades at about 28.8× earnings — below its 10-year norm (10-year range 28×–101.3×, median 55.6×).
Shaded band = 10-year range (28×–101.3×); dot = today's 28.8×.
Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.
Key ratios (by fiscal year)
| Ratio | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Gross margin | 72.9% | 73.0% | 72.2% | 72.8% |
| Operating margin | 26.1% | 22.8% | 19.3% | 20.5% |
| Net margin | 19.5% | 9.1% | 19.7% | 7.7% |
| FCF margin | 22.9% | 12.9% | 17.5% | 16.2% |
| Return on assets | 10.2% | 4.2% | 9.0% | 3.2% |
| Return on equity | 16.1% | 6.9% | 14.2% | 5.7% |
| Debt / equity | 0.09× | 0.12× | 0.14× | 0.17× |
| Current ratio | 1.16 | 1.12 | 1.41 | 1.06 |
Computed from company filings · DE · as of 2025-12-31. Figures in EUR. Facts plus Stocktoria's own computed scores — not investment advice.