Fair value (multi-method)
Four independent methods triangulate what SAP is worth. The headline is the Forward-DCF intrinsic value at a normalized growth rate; the margin of safety compares it to the current price.
Estimated fair value (Forward DCF)
$157.97
Method range
$43.87 – $228.56
median $193.23
Valuation methods
Each method’s implied fair value per share and its upside versus the current price. Missing methods (no analyst coverage, negative earnings, etc.) are shown as “—”.
| Method | Fair value | Upside vs price |
|---|---|---|
| Forward DCF | $157.97 | -14.51% |
| Exit multiple | $228.56 | +23.70% |
| Analyst target | $228.50 | +23.67% |
| Graham number | $43.87 | -76.26% |
- Forward DCF$157.97
- Exit multiple$228.56
- Analyst target$228.50
- Graham number$43.87
Stock price
$184.77
FCF / share (TTM)
$2.82
3Y FCF CAGR
9.6%
Fair value @ hist. growth
$88.06
This analysis is for informational purposes only and is not financial advice. Scenario prices and DCF-style figures depend on your assumptions and data from public filings and estimates. They are not forecasts of future returns.
Implied FCF growth
19.3%
per year over your projection horizon
Margin of safety -109.8% vs hist-growth DCF
Historical 3Y CAGR
9.6%
Your model implies
19.3%
Analyst consensus is EPS-only — no comparable FCF / share estimate to show on this basis.
Model inputs
Move sliders to test how the reverse DCF reacts. Historical-growth markers show where the company has actually grown over the last cycle.
Undiscounted FCF per share over 10 years at 10% annual growth.
Sensitivity — implied growth vs your assumptions
Each cell shows the per-share growth rate the market would need to justify the current price at that combination of discount rate (rows) and terminal growth (columns). Your selected inputs are highlighted.
| Row axis: discount rate. Column axis: terminal growth.Terminal g →↓ Discount | 1.5% | 2.0% | 2.5% | 3.0% | 3.5% |
|---|---|---|---|---|---|
| 6.2% | 15.3% | 14.2% | 12.9% | 11.4% | 9.7% |
| 7.2% | 18.3% | 17.3% | 16.3% | 15.2% | 13.9% |
| 8.2% | 20.9% | 20.1% | 19.3% | 18.3% | 17.3% |
| 9.2% | 23.4% | 22.7% | 22.0% | 21.2% | 20.3% |
| 10.2% | 25.7% | 25.1% | 24.4% | 23.7% | 23.0% |
Historical multiples
Each bar is the trailing five-year range (low left, high right). Filled portion runs from low to today; the dot marks today; the small tick marks the five-year median. Low, median, and high are listed under each bar.
PEG
4.40
Demanding vs growth
Net cash
$149M
Total debt − cash
Beta
0.73
Vs market benchmark
Frequently asked questions
SAP (SAP) Key Financials
Charts, filings, and peer comparison for every metric
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