LON/0A2W (LON/0A2W)

London Stock Exchange: LON/0A2W · USD

$235

-4.31 (-1.8%)· Recorded snapshot

Market cap	204.1B
Revenue (ttm)	33.7B
Net income (ttm)	6.9B
EPS (ttm)	$5.87
P/E (trailing)	30.0x
P/E (forward)	26.3x
Dividend	$1.61 (0.91%)
Volume	37
Beta	0.76

Market data

Price

Recent price action with selectable time range.

Financial snapshot

Revenue (ttm): 33.7B
Net income (ttm): 6.9B
EPS (ttm): $5.87
P/E (trailing): 30.0x
P/E (forward): 26.3x
Market cap: 204.1B

Calendar

Next earnings

Upcoming earnings date and setup when available.

Upcoming

DateLoading

Window—

EPS estimate—

Revenue estimate—

Sector percentile context

Refreshed 2026-10-28 19:55 UTC

Forward P/E26.3

P25 n/aP50 n/aP75 n/a

Trailing P/E30

P25 n/aP50 n/aP75 n/a

ROE18.2

P25 n/aP50 n/aP75 n/a

ROIC18.5

P25 n/aP50 n/aP75 n/a

Benchmarks · 1M

S&P 500+0.8%

Nasdaq Composite-1.0%

Dow Jones Industrial Average+1.9%

Russell 2000+0.3%

All LON/0A2W indicators

Market & fundamental data

Available fields

239

Groups with data

Currency

EUR

Showing 239 of 239 available metrics for this ticker.

Profile and market data

Ticker identity, listing, currency, market cap, and source dates.

Metric	Value
Amount currency	GBP
Country	Germany
Country code	UK
Earnings date	2026-10-21
Employees	113,076
Employees change	2,851
Employees growth	2.64%
Enterprise value	$204.2B
Exchange	London Stock Exchange
Financial currency	EUR
Financial report date	2026-09-30
First seen	2026-05-10
Fiscal year end	December
Founded	1972
Industry	Software - Application
Is primary listing	No
ISIN number	US8030542042
Last earnings date	2026-10-21
Last refreshed	2026-10-28
Market cap	$204.1B
Next earnings date	2027-01-28
Price	$234.63
Price currency	USD
Sector	Technology
SIC code	7372
Stock price date	2026-10-28
Symbol	lon/0A2W
Website	https://www.sap.com

Valuation

Multiples, yields, enterprise-value ratios, and valuation checks.

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	3.33%
EV/Earnings	29.67x
EV/EBIT	21.25x
EV/EBITDA	19.45x
EV/FCF	25.98x
EV/Sales	6.19x
FCF / EV yield	3.85%
FCF yield	3.85%
Forward P/E	26.32x
Graham number	91.8628
Graham upside	-61.55%
Industry forward P/E	20.38x
Industry P/E	44.91x
Lynch fair value	$57.07
Lynch upside	-76.12%
P/(FCF - SBC) ratio	29.06x
P/(OCF - SBC) ratio	26.78x
P/B ratio	5.13x
P/E ratio	30.03x
P/FCF ratio	25.97x
P/OCF ratio	24.13x
P/S ratio	6.05x
Price / tangible book value	19.98x
Price/EBITDA ratio	19.46x
Sector forward P/E	19.63x
Sector P/E	42.05x

Profitability

Margins, returns on capital, cash conversion, and quality metrics.

Metric	Value
EBIT margin	29.12%
EBITDA margin	31.11%
Effective tax rate	27.91%
FCF margin	23.81%
Gross margin	73.58%
Operating margin	29.12%
Pretax margin	28.71%
Profit margin	20.41%
Profit per employee	$60,818
Profitable quarters	10
Profitable years	30
Revenue per employee	$297,942
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%

Growth

Revenue, earnings, cash-flow, and forward growth indicators.

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

Financial statements

Income-statement and cash-flow amounts, totals and per share.

Metric	Value
Capital expenditures	$-599.6M
Depreciation and amortization	$656.5M
EBIT	$9.8B
EBITDA	$10.5B
EPS	$5.87
Financing cash flow	$-5.6B
Free cash flow	$7.9B
Free cash flow minus SBC	$7B
Gross profit	$24.8B
Income taxes	$2.7B
Investing cash flow	$-2.2B
Net borrowing	$856.6M
Net cash flow	$692.8M
Net income	$6.9B
Operating cash flow minus SBC	$7.6B
Operating income	$9.8B
Revenue	$33.7B
Stock-based compensation	$835.7M

Financial strength

Debt, cash, solvency, accounting-quality, and balance-sheet signals.

Metric	Value
Altman Z-Score	6.14
Book value per share	$34.18
Debt / EBITDA	0.85
Debt / equity	0.23
Debt / FCF	1.15
Goodwill	$26.1B
Interest coverage	21.4
Long-term assets	$46.8B
Long-term liabilities	$9.6B
Net cash (debt)	$349.8M
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	$3.8B
Shareholders' equity	$39.7B
Tangible book value	$10.2B
Tangible book value per share	$8.88
Total assets	$65.3B
Total cash	$9.4B
Total debt	$9.1B
Total liabilities	$25.6B
WACC	8.22%

Liquidity

Current-asset coverage and working-capital efficiency metrics.

Metric	Value
Asset turnover	0.54
Current assets	$18.5B
Current liabilities	$16B
Current ratio	1.16
Net working capital	$-5.1B
Quick ratio	0.98
Working capital	$2.6B
Working capital turnover	14.03

Dividends and buybacks

Dividend yield, payout, buybacks, and shareholder-yield indicators.

Metric	Value
Buyback yield / dilution	1.06%
Dividend growth	12.01%
Dividend growth (3Y)	9.77%
Dividend growth (5Y)	5.5%
Dividend growth years	2
Dividend payment date	2026-05-15
Dividend payment years	8
Dividend payout frequency	Annual
Dividend per share	$1.61
Dividend yield	0.91%
Ex-dividend date	2026-05-05
Last dividend	$2.14
Payout ratio	35.86%
Shareholder yield	1.96%

Performance and technicals

Returns, volatility, beta, momentum, RSI, and moving-average context.

Metric	Value
150-day SMA	$230.71
1D price change	-1.8%
20-day SMA	$251.04
200-day SMA	$220.81
3Y price change	80.83%
3Y return CAGR	22.98%
3Y total return	86.02%
50-day SMA	$249.89
50-day SMA vs 200-day SMA	50over200
52-week high	$238.94
52-week high date	2026-10-27
52-week low	$172.23
52-week low date	2026-04-24
5Y price change	64.66%
5Y return CAGR	11.84%
5Y total return	74.98%
6M price change	38.73%
6M total return	40.47%
All-time high	$283.25
All-time high date	2025-02-27
All-time low	$78.40
All-time low date	2022-09-23
Average true range (ATR)	$14.00
Average volume	13.1K
Beta (5Y)	0.76
Change from 52-week high	-1.8%
Change from 52-week low	36.23%
Change from all-time high	-15.64%
Change from all-time low	204.77%
Change from open	0%
Day's gap	-1.8%
Dollar volume	$8,681
High price	$234.63
Low price	$234.63
Monthly RSI	59.36
Open price	$234.63
Previous close	$238.94
Price vs 150-day SMA	3.57%
Price vs 20-day SMA	-4.82%
Price vs 200-day SMA	8.21%
Price vs 50-day SMA	-4.38%
Relative volume	0
RSI	47.31
Sharpe ratio	0.71
Sharpe ratio (3Y)	0.59
Sortino ratio	1.3
Sortino ratio (3Y)	1.12
Volume	37
Weekly RSI	51.67

Ownership and float

Institutional, insider, float, short-interest, and share-count fields.

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%

Deeper analysis on LON/0A2W

14 sections in the full report · jump straight to what you need

Forecast

Base and Bull forecast paths with report-date return framing.

→

Valuation

Fair-value bridge, DCF, owner earnings, and peer multiples.

→

Sensitivity

Cost-of-equity and terminal-growth stress table.

→

Risks

Kill scenarios, soft-pass flags, and downside catalysts.

→

Earnings

Next earnings setup and beat / inline / miss thresholds.

→

Position sizing

Entry, exit, conviction, and quarterly monitoring rules.

→

Financials

Revenue, margins, cash flow, and balance-sheet context.

→

Peers

Relative valuation and profitability against the cohort.

→

Moat

Economic-profit evidence and competitive advantage risk.

→

Industry cycle

Sector phase, capital cycle, and secular tailwinds.

→

Scorecard

Six-factor overlay and 9-category weighted scorecard.

→

Recommendation

Final action, action steps, opportunity, and biggest risk.

→

Perspectives

Growth, value, and income investor reads.

→

Frequently asked questions

About this LON/0A2W report

Is a complete LON/0A2W research report available?

No complete published report is available for lon/0A2W (LON/0A2W) on this page. Market-directory data, when present, is not a substitute for a validated stock analysis.

Market cap

204.1B

Revenue (ttm)

33.7B

Net income (ttm)

6.9B

EPS (ttm)

$5.87

P/E (trailing)

30.0x

P/E (forward)

26.3x

Dividend

$1.61 (0.91%)

Volume

Beta

0.76

Metric

Value

Amount currency

GBP

Country

Germany

Country code

Earnings date

2026-10-21

Employees

113,076

Employees change

2,851

Employees growth

2.64%

Enterprise value

$204.2B

Exchange

London Stock Exchange

Financial currency

EUR

Financial report date

2026-09-30

First seen

2026-05-10

Fiscal year end

December

Founded

1972

Industry

Software - Application

Is primary listing

ISIN number

US8030542042

Last earnings date

2026-10-21

Last refreshed

2026-10-28

Market cap

$204.1B

Next earnings date

2027-01-28

Price

$234.63

Price currency

USD

Sector

Technology

SIC code

7372

Stock price date

2026-10-28

Symbol

lon/0A2W

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

3.33%

EV/Earnings

29.67x

EV/EBIT

21.25x

EV/EBITDA

19.45x

EV/FCF

25.98x

EV/Sales

6.19x

FCF / EV yield

3.85%

FCF yield

3.85%

Forward P/E

26.32x

Graham number

91.8628

Graham upside

-61.55%

Industry forward P/E

20.38x

Industry P/E

44.91x

Lynch fair value

$57.07

Lynch upside

-76.12%

P/(FCF - SBC) ratio

29.06x

P/(OCF - SBC) ratio

26.78x

P/B ratio

5.13x

P/E ratio

30.03x

P/FCF ratio

25.97x

P/OCF ratio

24.13x

P/S ratio

6.05x

Price / tangible book value

19.98x

Price/EBITDA ratio

19.46x

Sector forward P/E

19.63x

Sector P/E

42.05x

Metric

Value

EBIT margin

29.12%

EBITDA margin

31.11%

Effective tax rate

27.91%

FCF margin

23.81%

Gross margin

73.58%

Operating margin

29.12%

Pretax margin

28.71%

Profit margin

20.41%

Profit per employee

$60,818

Profitable quarters

Profitable years

Revenue per employee

$297,942

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

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

$-599.6M

Depreciation and amortization

$656.5M

EBIT

$9.8B

EBITDA

$10.5B

EPS

$5.87

Financing cash flow

$-5.6B

Free cash flow

$7.9B

Free cash flow minus SBC

$7B

Gross profit

$24.8B

Income taxes

$2.7B

Investing cash flow

$-2.2B

Net borrowing

$856.6M

Net cash flow

$692.8M

Net income

$6.9B

Operating cash flow minus SBC

$7.6B

Operating income

$9.8B

Revenue

$33.7B

Stock-based compensation

$835.7M

Metric

Value

Altman Z-Score

6.14

Book value per share

$34.18

Debt / EBITDA

0.85

Debt / equity

0.23

Debt / FCF

1.15

Goodwill

$26.1B

Interest coverage

21.4

Long-term assets

$46.8B

Long-term liabilities

$9.6B

Net cash (debt)

$349.8M

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

$3.8B

Shareholders' equity

$39.7B

Tangible book value

$10.2B

Tangible book value per share

$8.88

Total assets

$65.3B

Total cash

$9.4B

Total debt

$9.1B

Total liabilities

$25.6B

WACC

8.22%

Metric

Value

Asset turnover

0.54

Current assets

$18.5B

Current liabilities

$16B

Current ratio

1.16

Net working capital

$-5.1B

Quick ratio

0.98

Working capital

$2.6B

Working capital turnover

14.03

Metric

Value

Buyback yield / dilution

1.06%

Dividend growth

12.01%

Dividend growth (3Y)

9.77%

Dividend growth (5Y)

5.5%

Dividend growth years

Dividend payment date

2026-05-15

Dividend payment years

Dividend payout frequency

Annual

Dividend per share

$1.61

Dividend yield

0.91%

Ex-dividend date

2026-05-05

Last dividend

$2.14

Payout ratio

35.86%

Shareholder yield

1.96%

Metric

Value

150-day SMA

$230.71

1D price change

-1.8%

20-day SMA

$251.04

200-day SMA

$220.81

3Y price change

80.83%

3Y return CAGR

22.98%

3Y total return

86.02%

50-day SMA

$249.89

50-day SMA vs 200-day SMA

50over200

52-week high

$238.94

52-week high date

2026-10-27

52-week low

$172.23

52-week low date

2026-04-24

5Y price change

64.66%

5Y return CAGR

11.84%

5Y total return

74.98%

6M price change

38.73%

6M total return

40.47%

All-time high

$283.25

All-time high date

2025-02-27

All-time low

$78.40

All-time low date

2022-09-23

Average true range (ATR)

$14.00

Average volume

13.1K

Beta (5Y)

0.76

Change from 52-week high

-1.8%

Change from 52-week low

36.23%

Change from all-time high

-15.64%

Change from all-time low

204.77%

Change from open

Day's gap

-1.8%

Dollar volume

$8,681

High price

$234.63

Low price

$234.63

Monthly RSI

59.36

Open price

$234.63

Previous close

$238.94

Price vs 150-day SMA

3.57%

Price vs 20-day SMA

-4.82%

Price vs 200-day SMA

8.21%

Price vs 50-day SMA

-4.38%

Relative volume

RSI

47.31

Sharpe ratio

0.71

Sharpe ratio (3Y)

0.59

Sortino ratio

1.3

Sortino ratio (3Y)

1.12

Volume

Weekly RSI

51.67

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%

LON/0A2W (LON/0A2W)

Price

Financial snapshot

Fair-value bridge

Latest news · LON/0A2W

Valuation

Profitability

Balance sheet

Trading

Next earnings

Sector percentile context

All LON/0A2W indicators

Profile and market data

Valuation

Profitability

Growth

Financial statements

Financial strength

Liquidity

Dividends and buybacks

Performance and technicals

Ownership and float

Deeper analysis on LON/0A2W

Frequently asked questions

LON/0A2W (LON/0A2W)

Price

Financial snapshot

Fair-value bridge

Latest news · LON/0A2W

Valuation

Profitability

Balance sheet

Trading

Next earnings

Sector percentile context

All LON/0A2W indicators

Profile and market data

Valuation

Profitability

Growth

Financial statements

Financial strength

Liquidity

Dividends and buybacks

Performance and technicals

Ownership and float

Deeper analysis on LON/0A2W

Frequently asked questions