Loading...
SAP logo

SAP SENYSE:SAP 주식 보고서

시가총액 US$204.8b
주가
US$173.13
US$262.85
34.1% 저평가 내재 할인율
1Y-41.8%
7D1.8%
포트폴리오 가치
​
보기

SAP SE

NYSE:SAP 주식 리포트

시가총액: US$204.8b

SAP (SAP) 주식 개요

SAP SE는 자회사와 함께 전 세계에 엔터프라이즈 애플리케이션 및 비즈니스 솔루션을 제공하고 있습니다. 자세히 보기

SAP 펀더멘털 분석
스노우플레이크 점수
가치 평가5/6
미래 성장1/6
과거 실적5/6
재무 건전성6/6
배당5/6

강점

공정 가치 추정치보다 낮은 32.2% 에서 거래

수익은 매년 15.16% 증가할 것으로 예상됩니다.

지난 1년간 수익이 27.6% 증가했습니다.

1.67% 의 안정적인 배당금을 지급합니다.

동종업계 및 업계 대비 좋은 가치로 거래

위험 분석

우리의 위험 점검에서 SAP에 대한 위험이 감지되지 않았습니다.

SAP Community Fair Values

Create Narrative

See what 67 others think this stock is worth. Follow their fair value or set your own to get alerts.

Top Community Narratives

View all narratives
Software opportunity
ZENA logo
ZenaTech
Fair Value from
US$6.8569.3% 저평가 내재 할인율

ZenaTech: A big bet on the rise of AI drones and drones-as-a-service

Key Takeaways ZenaTech is focusing its efforts into building AI drones, combining Drone as a Service, SaaS, and AI as its key revenue drivers. Previously building software for agriculture, ZenaTech has shifted rapidly toward drone services, now driving ~70% of revenue after recent acquisitions.

Read full narrative
Read narrative

SAP SE 경쟁사

가격 이력 및 성과

SAP 주가의 최고가, 최저가 및 변동 요약
과거 주가
현재 주가€173.13
52주 최고가€313.28
52주 최저가€160.66
베타0.71
1개월 변동1.17%
3개월 변동-12.30%
1년 변동-41.77%
3년 변동28.41%
5년 변동27.77%
IPO 이후 변동1,299.03%

최근 뉴스 및 업데이트

Seeking Alpha • Apr 24

SAP: Finally, It's Time To Buy This Entrenched Software Giant (Upgrade)

Summary SAP SE is upgraded to Buy as cloud revenue accelerates and operational efficiency improves, despite recent share price declines. SaaSpocalypse and AI disruption fears are overblown; SAP's entrenched, mission-critical ERP systems remain indispensable to large enterprises. SAP demonstrates rising operating margins through disciplined headcount management and leverages AI internally, contrasting favorably with peers facing margin pressure. A €10 billion buyback program and a ~20x forward P/E multiple enhance SAP's value proposition, supporting potential re-rating in line with Oracle and Microsoft. Read the full article on Seeking Alpha

Recent updates

Seeking Alpha • Apr 24

SAP: Finally, It's Time To Buy This Entrenched Software Giant (Upgrade)

Summary SAP SE is upgraded to Buy as cloud revenue accelerates and operational efficiency improves, despite recent share price declines. SaaSpocalypse and AI disruption fears are overblown; SAP's entrenched, mission-critical ERP systems remain indispensable to large enterprises. SAP demonstrates rising operating margins through disciplined headcount management and leverages AI internally, contrasting favorably with peers facing margin pressure. A €10 billion buyback program and a ~20x forward P/E multiple enhance SAP's value proposition, supporting potential re-rating in line with Oracle and Microsoft. Read the full article on Seeking Alpha
Seeking Alpha • Apr 29

SAP SE Q1 2025: Solid Start, But Real Work Still Ahead

Summary SAP delivered solid Q1 results with €9.01bn revenue (+12% YoY) and cloud revenue up 27%, now over 40% of total revenue. Operating profit jumped 60% YoY due to tight cost control; management remains confident, but guidance feels conservative. Key growth drivers: S/4HANA Cloud, Business Technology Platform, and AI integration (Joule), despite competition and slow European cloud adoption. Long-term outlook strong with cloud margins improving and strategic positioning with hyperscalers; short-term hold due to potential Q2 volatility. Read the full article on Seeking Alpha
Seeking Alpha • Apr 23

SAP: Despite Strong Results, This Company Is Overvalued (Rating Upgrade)

Summary SAP extended its rally after reporting Q1 results and maintaining its full-year outlook, a port in the storm amid a very turbulent macroeconomy. SAP's consistency and its ability to maintain cloud growth rates have me more sanguine in the stock's prospects, and I'm upgrading the stock to a neutral rating. It's important to note that SAP's guidance, however, is on constant currency terms. The sharp rise in the euro will impact SAP heavily. SAP is richly valued at ~40x P/E, despite the fact that its growth profile isn't much better than similarly scaled U.S. peers (and its margin story is still playing catch-up). Read the full article on Seeking Alpha
Seeking Alpha • Jan 29

SAP: A Pullback Is Overdue

Summary SAP's stock slid after reporting Q4 results and raising its FY25 outlook, a signal that its rich valuation is starting to catch up with it. Fundamental risks include AI's impact on subscription seats, saturated markets with stiff competition, and macroeconomic challenges in Germany. SAP's workforce transformation via AI hasn't significantly reduced hiring, and its operating margin of ~26% lags behind key competitors like Salesforce and Workday. Trading at a ~40x P/E ratio, SAP sits at an undeserved valuation premium and is overdue for a correction. Read the full article on Seeking Alpha
새 내러티브 • Jan 08

SAP's Revenue Will Soar by Over 10% as Profit Margins Improve

AI functionality is a new world
Seeking Alpha • Oct 28

SAP: This Stock Has Now Become Too Rich, Sell Now (Rating Downgrade)

Summary SAP's ~60% YTD rise has propelled it to a near-50x P/E multiple, well above most of its cloud peers. The company's ~10% total revenue growth is unimpressive for such a rich multiple, especially given the fact that its ERP is already saturated in the global market. Despite plans to "reskill" its workforce and right-size headcount over time, its recent M&A binges are also contributing to increased headcount. Given the incredibly rich valuation and the potential for macro impacts to hurt its cloud growth potential, I'd recommend selling here and investing elsewhere. Read the full article on Seeking Alpha
Seeking Alpha • Oct 22

SAP: Solid Quarter And I Remain Buy Rated Given The Positive Outlook

Summary SAP's 3Q24 results showed 10% y/y revenue growth, driven by 27% y/y cloud revenue growth and strong S/4 HANA migration traction. Management revised FY24 guidance upwards, expecting adj EBIT growth of 20-23% y/y and cloud/software revenue growth of 10-11% y/y. AI adoption is accelerating, with 20% of deals including premium AI features, enhancing SAP's cloud offerings and driving growth. Read the full article on Seeking Alpha
Seeking Alpha • Sep 27

SAP: Very Hard To Justify The Current Share Price

Summary SAP stock's stellar performance over the past year is impressive, but it does raise a few eyebrows. The company's profitability leaves a lot to be desired, especially when compared to major peers in the space. Cloud revenue growth figures could provide support for the stock over the near-term, but I expect this to be a short-lived phenomenon. Read the full article on Seeking Alpha
Seeking Alpha • Aug 15

SAP: Excellent Cloud And AI Momentum, But Strength Is Priced In

Summary Shares of SAP have surged nearly 40% this year, buoyed again by the company's strong recent Q2 results. The company accelerated total revenue growth, while also boosting its operating profit expectations for FY25. The company is utilizing AI to "reskill" its workforce, trimming down on headcount expansion without undergoing major layoffs. As of June, management has also committed to paying out at least 40% of post-tax profits as a dividend. Still, all of these strengths are already priced in, given SAP's >40x P/E ratio now sits well above most large-cap tech peers. Maintaining a neutral rating. Read the full article on Seeking Alpha
Seeking Alpha • Jul 24

SAP: Demand Backdrop Remains Solid

Summary SAP's 2Q24 results show strong revenue growth of 10% on a constant currency basis, driven by solid cloud revenue growth and AI adoption. Margins are improving with EBIT margin increasing from 19.1% to 23.4%. Target price for SAP is EUR309 based on FY26 estimates, with expectations of low-teens growth fueled by cloud revenue momentum and AI adoption. Read the full article on Seeking Alpha
Seeking Alpha • May 27

SAP: Incredible Performance, Terrible Price

Summary SAP stock has risen 30% YTD and 50% over the past year, outperforming the S&P 500 and other tech peers. Investors are enthusiastic about SAP's cloud offerings, particularly SAP Rise and SAP Grow, and its plans to transform its workforce through AI. However, with a P/E ratio of ~30x FY25 earnings, the stock is quite expensive and may not have much room for further growth. Read the full article on Seeking Alpha
Seeking Alpha • Apr 23

SAP Q1 Earnings: AI Transformation Is Well Underway

Summary SAP reported Q1 FY24 earnings in line with expectations, showing progress towards its Ambition 2025 targets. Cloud revenues and backlog continue to grow at strong rates, demonstrating the success of SAP's turnaround efforts. With no significant change in the outlook, most expectations have already been priced in, suggesting a neutral view on SAP. Read the full article on Seeking Alpha
Seeking Alpha • Mar 23

Sequoia Fund -  SAP SE: We See A Clear Path To Enhanced Profitability

Summary After following SAP for many years, we bought shares in the company in 2022. A handful of years ago, SAP set about transitioning its core ERP software product suite from one typically run by customers on their premises to a cloud version delivered directly by SAP. In 2022, slowing ERP revenue growth and mounting temporary costs related to the ERP cloud transition gave some investors pause. A year and a half later, we remain optimistic about SAP's prospects. Read the full article on Seeking Alpha
Seeking Alpha • Mar 09

SAP Is Overvalued, But Its 2024 Transformation Bodes Well For The Future

Summary SAP plans to restructure and focus on growth, particularly in business AI, affecting around 8,000 positions. The company aims to maintain a similar headcount by the end of 2024 and expects cloud revenue to increase by 24-27% for the fiscal year. SAP's cloud revenue and backlog have shown significant growth recently, but its operating profit has declined. Reskilling and restructuring are seen as important for future competitiveness. I consider the stock to be moderately overvalued at this time, and investors may find a more favorable valuation later in the year. Read the full article on Seeking Alpha

주주 수익률

SAPUS SoftwareUS 시장
7D1.8%3.7%3.2%
1Y-41.8%-7.9%31.0%

수익률 대 산업: SAP은 지난 1년 동안 -7.9%의 수익을 기록한 US Software 산업보다 저조한 성과를 냈습니다.

수익률 대 시장: SAP은 지난 1년 동안 31%를 기록한 US 시장보다 저조한 성과를 냈습니다.

주가 변동성

Is SAP's price volatile compared to industry and market?
SAP volatility
SAP Average Weekly Movement5.1%
Software Industry Average Movement9.7%
Market Average Movement7.1%
10% most volatile stocks in US Market16.1%
10% least volatile stocks in US Market3.2%

안정적인 주가: SAP는 지난 3개월 동안 US 시장에 비해 주가 변동성이 크지 않았습니다.

시간에 따른 변동성: SAP의 주간 변동성(5%)은 지난 1년 동안 안정적이었습니다.

회사 소개

설립직원 수CEO웹사이트
1972111,038Christian Kleinwww.sap.com

SAP SE는 자회사와 함께 전 세계에 엔터프라이즈 애플리케이션 및 비즈니스 솔루션을 제공합니다. SAP 비즈니스 AI, 재무, 리스크 및 프로젝트 관리, 조달, 제조, 공급망 및 자산 관리, 연구 개발을 위한 소프트웨어 기능을 제공하는 SAP S/4HANA, 인사, 시간, 급여, 인재 및 직원 경험 관리, 분석 및 계획 등 인적 자원을 위한 SAP 석세스팩터스 솔루션, 직간접 지출, 출장 및 경비, 외부 인력 관리를 위한 지출 관리 솔루션 등을 제공합니다. 또한 SAP 고객 경험 솔루션, 고객과 파트너가 애플리케이션을 구축, 통합, 자동화할 수 있도록 지원하는 SAP 비즈니스 기술 플랫폼, 공급망 전반의 주요 비즈니스 프로세스를 디지털화하고 거래 파트너 간 커뮤니케이션을 지원하는 B2B 협업 플랫폼인 SAP 비즈니스 네트워크도 제공합니다.

SAP SE 기초 지표 요약

SAP의 순이익과 매출은 시가총액과 어떻게 비교됩니까?
SAP 기초 통계
시가총액US$204.84b
순이익 (TTM)US$8.59b
매출 (TTM)US$43.87b
23.8x
주가수익비율(P/E)
4.7x
주가매출비율(P/S)

SAP는 고평가되어 있습니까?

공정 가치 및 평가 분석 보기

순이익 및 매출

최근 실적 보고서(TTM)의 주요 수익성 지표
SAP 손익계산서 (TTM)
매출€37.34b
매출원가€9.81b
총이익€27.53b
기타 비용€20.22b
순이익€7.31b

최근 보고된 실적

Mar 31, 2026

다음 실적 발표일

Jul 23, 2026

주당순이익(EPS)6.26
총이익률73.72%
순이익률19.58%
부채/자본 비율17.3%

SAP의 장기 실적은 어땠습니까?

과거 실적 및 비교 보기

배당

1.7%
현재 배당 수익률
40%
배당 성향

SAP는 안정적으로 배당을 지급합니까?

SAP 배당 기록 및 벤치마크 보기
다가오는 배당을 받으려면 언제까지 SAP를 매수해야 하나요?
SAP 배당 일정
배당락일May 05 2026
배당 지급일May 15 2026
배당락일까지 남은 일수2 days
배당 지급일까지 남은 일수8 days

SAP는 안정적으로 배당을 지급합니까?

SAP 배당 기록 및 벤치마크 보기

기업 분석 및 재무 데이터 상태

데이터최종 업데이트 (UTC 시간)
기업 분석2026/05/06 09:14
종가2026/05/06 00:00
수익2026/03/31
연간 수익2025/12/31

데이터 소스

당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.

패키지데이터기간미국 소스 예시 *
기업 재무제표10년
  • 손익계산서
  • 현금흐름표
  • 대차대조표
분석가 컨센서스 추정치+3년
  • 재무 예측
  • 분석가 목표주가
시장 가격30년
  • 주가
  • 배당, 분할 및 기타 조치
지분 구조10년
  • 주요 주주
  • 내부자 거래
경영진10년
  • 리더십 팀
  • 이사회
주요 개발10년
  • 회사 공시

* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.

별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.

분석 모델 및 스노우플레이크

이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.

Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.

산업 및 섹터 지표

산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.

분석가 소스

SAP SE는 65명의 분석가가 다루고 있습니다. 이 중 21명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.

분석가기관
Adam ShepherdArete Research Services LLP
Joseph BonnerArgus Research Company
Knut WollerBaader Helvea Equity Research