Added to YB: 2026-07-08
Pitch date: 2026-07-04
SAP [bullish]
SAP SE
+2.26%
current return
Author Info
HatedMoats identifies hated moats. I buy companies when the market panics. Contrarian investor focused on quality, value & long-term growth. Sign up for the newsletter.
Company Info
SAP SE, together with its subsidiaries, provides enterprise application and business solutions worldwide.
Market Cap
EUR 163.0B
Pitch Price
EUR 140.72
Price Target
260.00 (+86%)
Dividend
1.79%
EV/EBITDA
13.58
P/E
22.38
EV/Sales
4.32
Sector
Software
Category
value
SAP: Deep Dive Analysis
SAP: Buy. Enterprise ERP w/ wide switching-cost moat, down ~47% from 52wk high despite Q1'26 cloud rev +27% cc, backlog +25%. FY25 FCF €8.24B (22.4% margin), ~16% ROE/ROIC, €10B buyback. Trades ~20x fwd EPS, 6.1% FCF yield. Base-case DCF $260 (60% upside). Risk: support decline, AI disruption.
Read full article (24 min)