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Added to YB: 2024-06-03

Pitch date: 2024-04-18

SAP [bullish]

SAP SE

+27.91%

current return

Author Info

No bio for this author

Company Info

SAP SE, together with its subsidiaries, provides enterprise application and business solutions worldwide.

Market Cap

EUR 239.3B

Pitch Price

EUR 162.77

Price Target

N/A

Dividend

1.14%

EV/EBITDA

21.52

P/E

34.10

EV/Sales

6.55

Sector

Software

Category

growth

Show full summary:
Harding Loevner Global Equity ADR Composite Portfolio Holding: SAP SE

SAP cloud rev surpasses legacy for 1st time, +20% YoY. Investing €1B in AI over 2yrs + €2B in restructuring. Expects growth to continue in '24-'25, projecting €8B FCF by '25 (up from prior €7.5B). Efforts to modernize ERP for AI era bearing fruit, market taking notice.

Read full article (1 min)