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BUL/SAP (BUL/SAP)

Bulgarian Stock Exchange: BUL/SAP · EUR

€214

+0.00 (0.0%)· Recorded snapshot

Market cap	246B
Revenue (ttm)	39.4B
Net income (ttm)	8B
EPS (ttm)	€6.91
P/E (trailing)	31.0x
P/E (forward)	26.6x
Dividend	€2.50 (1.17%)
Volume	18

Market data

Price

Recent price action with selectable time range.

Financial snapshot

Revenue (ttm): 39.4B
Net income (ttm): 8B
EPS (ttm): €6.91
P/E (trailing): 31.0x
P/E (forward): 26.6x
Market cap: 246B

Metric	Value
Amount currency	EUR
Country	Germany
Country code	BG
Earnings date	2026-10-21
Employees	113,076
Employees change	3,832
Employees growth	3.54%
Enterprise value	EUR 246.1B
Exchange	Bulgarian Stock Exchange
Financial currency	EUR
Financial report date	2026-09-30
First seen	2026-10-10
Fiscal year end	December
Founded	1972
Industry	Software - Application
Is primary listing	No
ISIN number	DE0007164600
Last earnings date	2026-10-21
Last refreshed	2026-10-28
Market cap	EUR 246B
Next earnings date	2027-01-28
Price	EUR 214.15
Price currency	EUR
Sector	Technology
SIC code	7372
Stock price date	2026-10-27
Symbol	bul/SAP
Website	https://www.sap.com

Metric

Value

Amount currency

EUR

Country

Germany

Country code

Earnings date

2026-10-21

Employees

113,076

Employees change

3,832

Employees growth

3.54%

Enterprise value

EUR 246.1B

Exchange

Bulgarian Stock Exchange

Financial currency

EUR

Financial report date

2026-09-30

First seen

2026-10-10

Fiscal year end

December

Founded

1972

Industry

Software - Application

Is primary listing

ISIN number

DE0007164600

Last earnings date

2026-10-21

Last refreshed

2026-10-28

Market cap

EUR 246B

Next earnings date

2027-01-28

Price

EUR 214.15

Price currency

EUR

Sector

Technology

SIC code

7372

Stock price date

2026-10-27

Symbol

bul/SAP

Website

https://www.sap.com

Metric	Value
Average P/E ratio (10Y)	36.46x
Average P/E ratio (3Y)	47.3x
Average P/E ratio (5Y)	42.43x
Earnings yield	3.23%
EV/Earnings	30.61x
EV/EBIT	21.46x
EV/EBITDA	19.64x
EV/FCF	26.8x
EV/Sales	6.25x
FCF / EV yield	3.73%
FCF yield	3.73%
Forward P/E	26.58x
Graham number	79.80227
Graham upside	-62.74%
Lynch fair value	EUR 49.58
Lynch upside	-76.85%
P/(FCF - SBC) ratio	29.98x
P/(OCF - SBC) ratio	27.62x
P/B ratio	5.3x
P/E ratio	31.01x
P/FCF ratio	26.79x
P/OCF ratio	24.89x
P/S ratio	6.25x
Price / tangible book value	20.61x
Price/EBITDA ratio	20.08x

Metric

Value

Average P/E ratio (10Y)

36.46x

Average P/E ratio (3Y)

47.3x

Average P/E ratio (5Y)

42.43x

Earnings yield

3.23%

EV/Earnings

30.61x

EV/EBIT

21.46x

EV/EBITDA

19.64x

EV/FCF

26.8x

EV/Sales

6.25x

FCF / EV yield

3.73%

FCF yield

3.73%

Forward P/E

26.58x

Graham number

79.80227

Graham upside

-62.74%

Lynch fair value

EUR 49.58

Lynch upside

-76.85%

P/(FCF - SBC) ratio

29.98x

P/(OCF - SBC) ratio

27.62x

P/B ratio

5.3x

P/E ratio

31.01x

P/FCF ratio

26.79x

P/OCF ratio

24.89x

P/S ratio

6.25x

Price / tangible book value

20.61x

Price/EBITDA ratio

20.08x

Metric	Value
EBIT margin	29.12%
EBITDA margin	31.11%
Effective tax rate	27.91%
FCF margin	23.31%
Gross margin	73.58%
Operating margin	29.12%
Pretax margin	28.71%
Profit margin	20.41%
Profit per employee	EUR 71,103
Profitable quarters	10
Profitable years	30
Revenue per employee	EUR 348,323
ROA	9.91%
ROA (5Y)	6.59%
ROCE	20.04%
ROE	18.18%
ROE (5Y)	11.58%
ROIC	18.46%
ROIC (5Y)	11.97%
SBC / revenue	2.48%
Tax / revenue	8.01%

Metric

Value

EBIT margin

29.12%

EBITDA margin

31.11%

Effective tax rate

27.91%

FCF margin

23.31%

Gross margin

73.58%

Operating margin

29.12%

Pretax margin

28.71%

Profit margin

20.41%

Profit per employee

EUR 71,103

Profitable quarters

Profitable years

Revenue per employee

EUR 348,323

ROA

9.91%

ROA (5Y)

6.59%

ROCE

20.04%

ROE

18.18%

ROE (5Y)

11.58%

ROIC

18.46%

ROIC (5Y)

11.97%

SBC / revenue

2.48%

Tax / revenue

8.01%

Metric	Value
EPS growth	14.6%
EPS growth (Q)	13.45%
EPS growth (QoQ)	2.61%
EPS growth 10Y	9.31%
EPS growth 3Y	14.24%
EPS growth 5Y	7.41%
EPS growth quarters	9
EPS growth years	1
FCF growth	42.42%
FCF growth (Q)	34.74%
FCF growth (QoQ)	-42.28%
FCF growth 3Y	17.76%
FCF growth 5Y	7.67%
Gross profit growth	7.56%
Gross profit growth (Q)	12.67%
Gross profit growth 3Y	9.08%
Gross profit growth 5Y	7.77%
Net income growth	13.53%
Net income growth (Q)	12.23%
Net income growth (QoQ)	3.17%
Net income growth 3Y	13.78%
Net income growth 5Y	7.08%
Net income growth quarters	9
Net income growth years	1
OCF growth	35.85%
OCF growth (Q)	27.83%
OCF growth (QoQ)	-39.11%
OCF growth 10Y	9.4%
OCF growth 3Y	15.53%
OCF growth 5Y	6.98%
Operating income growth	14.48%
Operating income growth (Q)	18.08%
Operating income growth 3Y	22.33%
Operating income growth 5Y	12.3%
Revenue growth	7.93%
Revenue growth (Q)	13.16%
Revenue growth (QoQ)	3.98%
Revenue growth 10Y	6.15%
Revenue growth 3Y	8.54%
Revenue growth 5Y	7.53%
Revenue growth quarters	21
Revenue growth years	4

Metric

Value

EPS growth

14.6%

EPS growth (Q)

13.45%

EPS growth (QoQ)

2.61%

EPS growth 10Y

9.31%

EPS growth 3Y

14.24%

EPS growth 5Y

7.41%

EPS growth quarters

EPS growth years

FCF growth

42.42%

FCF growth (Q)

34.74%

FCF growth (QoQ)

-42.28%

FCF growth 3Y

17.76%

FCF growth 5Y

7.67%

Gross profit growth

7.56%

Gross profit growth (Q)

12.67%

Gross profit growth 3Y

9.08%

Gross profit growth 5Y

7.77%

Net income growth

13.53%

Net income growth (Q)

12.23%

Net income growth (QoQ)

3.17%

Net income growth 3Y

13.78%

Net income growth 5Y

7.08%

Net income growth quarters

Net income growth years

OCF growth

35.85%

OCF growth (Q)

27.83%

OCF growth (QoQ)

-39.11%

OCF growth 10Y

9.4%

OCF growth 3Y

15.53%

OCF growth 5Y

6.98%

Operating income growth

14.48%

Operating income growth (Q)

18.08%

Operating income growth 3Y

22.33%

Operating income growth 5Y

12.3%

Revenue growth

7.93%

Revenue growth (Q)

13.16%

Revenue growth (QoQ)

3.98%

Revenue growth 10Y

6.15%

Revenue growth 3Y

8.54%

Revenue growth 5Y

7.53%

Revenue growth quarters

Revenue growth years

Metric	Value
Capital expenditures	EUR -701M
Depreciation and amortization	EUR 784M
EBIT	EUR 11.5B
EBITDA	EUR 12.3B
EPS	EUR 6.91
Financing cash flow	EUR -6.5B
Free cash flow	EUR 9.2B
Free cash flow minus SBC	EUR 8.2B
Gross profit	EUR 29B
Income taxes	EUR 3.2B
Investing cash flow	EUR -2.6B
Net borrowing	EUR 1B
Net cash flow	EUR 810M
Net income	EUR 8B
Operating cash flow minus SBC	EUR 8.9B
Operating income	EUR 11.5B
Revenue	EUR 39.4B
Stock-based compensation	EUR 977M

Metric

Value

Capital expenditures

EUR -701M

Depreciation and amortization

EUR 784M

EBIT

EUR 11.5B

EBITDA

EUR 12.3B

EPS

EUR 6.91

Financing cash flow

EUR -6.5B

Free cash flow

EUR 9.2B

Free cash flow minus SBC

EUR 8.2B

Gross profit

EUR 29B

Income taxes

EUR 3.2B

Investing cash flow

EUR -2.6B

Net borrowing

EUR 1B

Net cash flow

EUR 810M

Net income

EUR 8B

Operating cash flow minus SBC

EUR 8.9B

Operating income

EUR 11.5B

Revenue

EUR 39.4B

Stock-based compensation

EUR 977M

Metric	Value
Altman Z-Score	6.14
Book value per share	EUR 39.95
Debt / EBITDA	0.85
Debt / equity	0.23
Debt / FCF	1.15
Goodwill	EUR 31.2B
Interest coverage	21.4
Long-term assets	EUR 54.2B
Long-term liabilities	EUR 10.8B
Net cash (debt)	EUR 409M
Net cash / market cap	0.17%
Net cash growth	-49.69%
Net debt / EBITDA	-0.03
Net debt / equity	-0.01
Net debt / FCF	-0.04
Piotroski F-Score	6
Property, plant and equipment	EUR 4.5B
Shareholders' equity	EUR 46.5B
Tangible book value	EUR 11.9B
Tangible book value per share	EUR 10.38
Total assets	EUR 76.3B
Total cash	EUR 11B
Total debt	EUR 10.6B
Total liabilities	EUR 29.9B

Metric

Value

Altman Z-Score

6.14

Book value per share

EUR 39.95

Debt / EBITDA

0.85

Debt / equity

0.23

Debt / FCF

1.15

Goodwill

EUR 31.2B

Interest coverage

21.4

Long-term assets

EUR 54.2B

Long-term liabilities

EUR 10.8B

Net cash (debt)

EUR 409M

Net cash / market cap

0.17%

Net cash growth

-49.69%

Net debt / EBITDA

-0.03

Net debt / equity

-0.01

Net debt / FCF

-0.04

Piotroski F-Score

Property, plant and equipment

EUR 4.5B

Shareholders' equity

EUR 46.5B

Tangible book value

EUR 11.9B

Tangible book value per share

EUR 10.38

Total assets

EUR 76.3B

Total cash

EUR 11B

Total debt

EUR 10.6B

Total liabilities

EUR 29.9B

Metric	Value
Asset turnover	0.54
Current assets	EUR 22.1B
Current liabilities	EUR 19.1B
Current ratio	1.16
Net working capital	EUR -5.9B
Quick ratio	0.98
Working capital	EUR 3B
Working capital turnover	16.41

Metric

Value

Asset turnover

0.54

Current assets

EUR 22.1B

Current liabilities

EUR 19.1B

Current ratio

1.16

Net working capital

EUR -5.9B

Quick ratio

0.98

Working capital

EUR 3B

Working capital turnover

16.41

Metric	Value
Buyback yield / dilution	1.06%
Dividend growth	6.38%
Dividend growth (3Y)	6.84%
Dividend growth years	2
Dividend payment date	2026-05-08
Dividend payment years	5
Dividend payout frequency	Annual
Dividend per share	EUR 2.50
Dividend yield	1.17%
Ex-dividend date	2026-05-06
Last dividend	EUR 2.50
Payout ratio	35.86%
Shareholder yield	2.23%

Metric

Value

Buyback yield / dilution

1.06%

Dividend growth

6.38%

Dividend growth (3Y)

6.84%

Dividend growth years

Dividend payment date

2026-05-08

Dividend payment years

Dividend payout frequency

Annual

Dividend per share

EUR 2.50

Dividend yield

1.17%

Ex-dividend date

2026-05-06

Last dividend

EUR 2.50

Payout ratio

35.86%

Shareholder yield

2.23%

Metric	Value
150-day SMA	EUR 133.67
1D price change	0%
1W price change	-12.85%
1W total return	-12.85%
1Y price change	-21.74%
1Y return CAGR	-20.43%
1Y total return	-20.41%
20-day SMA	EUR 154.92
200-day SMA	EUR 130.88
3M price change	34.27%
3M total return	34.27%
50-day SMA	EUR 172.26
50-day SMA vs 200-day SMA	50over200
52-week high	EUR 238.95
52-week high date	2025-11-12
52-week low	EUR 132.80
52-week low date	2026-06-19
5Y price change	48.16%
5Y return CAGR	10.01%
5Y total return	61.1%
6M price change	30.88%
6M total return	33.11%
All-time high	EUR 281.00
All-time high date	2025-02-19
All-time low	EUR 79.70
All-time low date	2022-09-23
Average true range (ATR)	EUR 9.00
Average volume	76.7
Change from 52-week high	-10.38%
Change from 52-week low	61.26%
Change from all-time high	-33.58%
Change from all-time low	134.18%
Change from open	0.42%
Dollar volume	EUR 3,855
High price	EUR 214.15
Low price	EUR 213.25
Monthly RSI	59.76
Open price	EUR 213.25
Position in 52-week range	100%
Price vs 150-day SMA	39.63%
Price vs 20-day SMA	20.48%
Price vs 200-day SMA	42.6%
Price vs 50-day SMA	8.35%
Relative volume	0.23
RSI	73.61
Sharpe ratio	1.12
Sortino ratio	2.25
Volume	18
Weekly RSI	63.68
YTD price change	-10.42%
YTD total return	-8.9%

Metric

Value

150-day SMA

EUR 133.67

1D price change

1W price change

-12.85%

1W total return

-12.85%

1Y price change

-21.74%

1Y return CAGR

-20.43%

1Y total return

-20.41%

20-day SMA

EUR 154.92

200-day SMA

EUR 130.88

3M price change

34.27%

3M total return

34.27%

50-day SMA

EUR 172.26

50-day SMA vs 200-day SMA

50over200

52-week high

EUR 238.95

52-week high date

2025-11-12

52-week low

EUR 132.80

52-week low date

2026-06-19

5Y price change

48.16%

5Y return CAGR

10.01%

5Y total return

61.1%

6M price change

30.88%

6M total return

33.11%

All-time high

EUR 281.00

All-time high date

2025-02-19

All-time low

EUR 79.70

All-time low date

2022-09-23

Average true range (ATR)

EUR 9.00

Average volume

76.7

Change from 52-week high

-10.38%

Change from 52-week low

61.26%

Change from all-time high

-33.58%

Change from all-time low

134.18%

Change from open

0.42%

Dollar volume

EUR 3,855

High price

EUR 214.15

Low price

EUR 213.25

Monthly RSI

59.76

Open price

EUR 213.25

Position in 52-week range

100%

Price vs 150-day SMA

39.63%

Price vs 20-day SMA

20.48%

Price vs 200-day SMA

42.6%

Price vs 50-day SMA

8.35%

Relative volume

0.23

RSI

73.61

Sharpe ratio

1.12

Sortino ratio

2.25

Volume

Weekly RSI

63.68

YTD price change

-10.42%

YTD total return

-8.9%

Metric	Value
Float	1B
Shares change (QoQ)	-0.09%
Shares change (YoY)	-1.06%
Shares held by insiders	5.38%
Shares held by institutions	41.11%

Metric

Value

Float

Shares change (QoQ)

-0.09%

Shares change (YoY)

-1.06%

Shares held by insiders

5.38%

Shares held by institutions

41.11%

BUL/SAP (BUL/SAP)

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