SAP SE
PosiFunda Ratios Only on PositoAI
PositoAI's own ratios from SAP SE's yearly results (2022–2025), compared with companies in Germany. Tap ? on any ratio for what it means.
What stands out
- Self-Funding Ratio: Over the last 3 years its own operating cash covered its investment spending (capex) 8.9 times. Higher than 95% of companies in Germany.
- Profit Cash Ratio: Over the last 3 years, every €100 of reported profit came with €125 of operating cash. Lower than 90% of companies in Germany.
- Growth Efficiency Ratio: Sales grew 25% in 3 years; of every extra €100 of sales, €67 became extra profit. Higher than 87% of companies in Germany.
Where €100 of sales goes
Latest year (Dec 2025). Taxes and other income are not shown, so the parts need not add up to 100.
Cash quality
Profit Cash Ratio
€125Over the last 3 years, every €100 of reported profit came with €125 of operating cash.
Lower than 90% of companies in Germany.
Self-Funding Ratio
8.9×Over the last 3 years its own operating cash covered its investment spending (capex) 8.9 times.
Higher than 95% of companies in Germany.
Cash Locked Ratio
—Data incomplete
Growth quality
Steadiness Ratio
3/3 · 2/3Sales grew in 3 of the last 3 years; profit grew in 2 of 3.
Steadier than 82% of companies in Germany.
Growth Efficiency Ratio
€67Sales grew 25% in 3 years; of every extra €100 of sales, €67 became extra profit.
Higher than 87% of companies in Germany.
Asset Productivity Ratio
+25% / -2%In 3 years sales changed by +25% while total assets changed by -2%. Sales grew faster than assets.
Balance-sheet strength
Debt Due Cover Ratio
5.7×Debt due within a year is covered 5.7 times by its yearly operating cash.
Higher than 78% of companies in Germany.
Cash Cushion Ratio
+1%Cash, after subtracting all debt, equals 1% of its market value (net cash).
Higher than 79% of companies in Germany.
Tangible Assets Ratio
56%Of every €100 the company owns, €56 is in tangible assets such as plants, cash, stock and receivables; the rest is goodwill and other intangibles.
Less tangible than 80% of companies in Germany.
Tangible Net Worth Ratio
30%Of every €100 of net worth, €30 is tangible; the rest is goodwill and other intangibles, often from buying other companies.
Less tangible than 62% of companies in Germany.
Shareholders
Standard fundamentals
P/E, P/B, ROE, debt, growth and more (14)
SAP SE owes €0.40 for every €1 it owns. Net profit rose 129% in the year to Dec 2025, and grew 46% a year on average over 3 years.
Compared with companies in Germany · latest annual results Dec 2025.
P/E ratio
32.2Investors pay €32.2 for every €1 of SAP SE's yearly profit, higher than 82% of companies in Germany.
P/B ratio
5.56The share price is 5.56 times SAP SE's book value per share, higher than 93% of companies in Germany.
Market cap
€248.6 BThe total market value of all of SAP SE's shares at today's price (share price × number of shares), larger than almost all companies in Germany. PosiCap size class: Tito Cap.
Net worth (book value)
€44.7 BWhat SAP SE would have left on paper if it sold everything it owns and paid everything it owes, from its latest balance sheet (30 Jun 2026).
Book value per share
€38.76Net worth divided by the number of shares. The share price of €215.35 is 5.6 times this, which is the P/B above.
Return on equity (ROE)
18.3%SAP SE earned 18.3% on its shareholders' money over the last year, higher than 72% of companies in Germany.
Owes vs Owns
0.40×SAP SE owes €0.40 for every €1 it owns (low), lower than 93% of companies in Germany.
Dividend yield
1.24%SAP SE pays 1.24% of its share price as dividends a year, lower than 81% of dividend-paying companies in Germany.
Revenue growth
+8%Revenue rose 8% in the year to Dec 2025, and grew 8% a year on average over 3 years.
Profit growth
+129%Net profit rose 129% in the year to Dec 2025, and grew 46% a year on average over 3 years.
Profit margin
19.5%SAP SE keeps €19 of every €100 of revenue as net profit.
Cash quality
1.3×Cash from SAP SE's business was 1.3× its reported profit in the year to Dec 2025 — its profit turned into cash.
Interest cover
19.6×SAP SE's operating profit covered its interest costs 19.6 times in the year to Dec 2025.
Cash vs debt
Net cashSAP SE held €2.3 B more cash than debt (net cash) at Dec 2025.
Questions
What is SAP SE's P/E ratio?
Investors pay €32.2 for every €1 of SAP SE's yearly profit, higher than 82% of companies in Germany.
How is P/B calculated on PositoAI?
P/B is market cap divided by net worth from the latest balance sheet. For SAP SE: €248.6 B ÷ €44.7 B (30 Jun 2026) = 5.6.
What is SAP SE's return on equity?
SAP SE earned 18.3% on its shareholders' money over the last year, higher than 72% of companies in Germany.
How much does SAP SE owe compared with what it owns?
SAP SE owes €0.40 for every €1 it owns (low), lower than 93% of companies in Germany.
Does SAP SE pay a dividend?
Yes. SAP SE pays 1.24% of its share price as dividends a year, lower than 81% of dividend-paying companies in Germany.
Is SAP SE's revenue growing?
Revenue rose 8% in the year to Dec 2025, and grew 8% a year on average over 3 years.
Figures from the company's yearly results and PositoAI's own data. Full tables are on the Go Deep tab. What each figure means. PositoAI is for research and education only and is not investment advice.