As of 2025-07-05, the Intrinsic Value of SAP SE (SAP.DE) is 91.86 EUR. This SAP.DE valuation is based on the model Discounted Cash Flows (Growth Exit 5Y). With the current market price of 255.50 EUR, the upside of SAP SE is -64%.

The range of the Intrinsic Value is 52.93 - 441.4 EUR.

Is SAP.DE undervalued or overvalued?

Based on its market price of 255.50 EUR and our intrinsic valuation, SAP SE (SAP.DE) is overvalued by 64%.

255.50 EUR

Stock Price

91.86 EUR

Intrinsic Value

Intrinsic Value Details

SAP.DE Intrinsic Value - Valuation Summary

	Range	Selected	Upside
a
DCF (Growth Exit 5Y)	52.93 - 441.4	91.86	-64.0%
DCF (Growth Exit 10Y)	68.97 - 552.21	117.69	-53.9%
DCF (EBITDA Exit 5Y)	81.87 - 119.13	99.41	-61.1%
DCF (EBITDA Exit 10Y)	98.66 - 155.92	124.44	-51.3%
Peter Lynch Fair Value	112.18 - 112.18	112.18	-56.09%
P/E Multiples	98.99 - 166.88	130.90	-48.8%
EV/EBITDA Multiples	77.17 - 164.96	114.16	-55.3%
Earnings Power Value	56.23 - 83.18	69.70	-72.7%
Dividend Discount Model - Stable	59.41 - 612.06	335.73	31.4%
Dividend Discount Model - Multi Stages	57.11 - 468.08	102.70	-59.8%

SAP.DE Intrinsic Value - Peers Comparison

	Range	Selected	Upside
a
Sage Group PLC	427.75 - 1,066.96	617.69	-49.0%
Nemetschek SE	42.46 - 258.9	72.21	-40.0%
Temenos AG	30.46 - 118.12	49.50	-14.4%
Simcorp A/S	272.01 - 710.39	387.23	-47.0%
TeamViewer AG	8.43 - 25.53	13.57	40.7%
Qt Group Oyj	47.01 - 101.98	63.27	3.6%
RIB Software SE	11.09 - 42.43	15.95	-44.8%
Mensch und Maschine Software SE	21.72 - 51.92	29.90	-45.2%
Learning Technologies Group PLC	38.08 - 94.46	54.53	-45.4%
Link Mobility Group Holding ASA	23.53 - 76.89	36.60	30.7%

SAP.DE Intrinsic Value - Key Valuation Metrics

Market Cap (mil)	313,882
Beta	1.05
Outstanding shares (mil)	1,229
Enterprise Value (mil)	312,644

Market risk premium	5.6%
Cost of Equity	7.1%
Cost of Debt	4.25%
WACC	7.0%