Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Company Industry Sector

Fundamentals

Margins Returns Growth Rates Metrics/Ratios

Valuations

Projections DCF DDM EPV Multiples Valuations

Miscellaneous

Indicators Charts WACC Beta Predictability

Mode

Company Industry Sector

Ticker

Industry

Sector

SAP SE (SAP.DE)

Company Dividend Discount ModelIndustry: Software - ApplicationSector: Technology

Valuation Snapshot

Stable Growth$150.50 - $438.48$236.66
Multi-Stage$112.37 - $122.82$117.50
Blended Fair Value$177.08
Current Price$258.15
Upside-31.41%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS7.46%7.95%2.182.042.441.861.591.521.421.271.171.12
YoY Growth--7.10%-16.40%31.30%17.06%4.13%7.12%11.47%8.78%4.71%10.22%
Dividend Yield--0.89%1.15%2.10%1.84%1.52%1.48%1.38%1.50%1.27%1.57%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)7,082.00
(-) Cash Dividends Paid (M)2,743.00
(=) Cash Retained (M)4,339.00
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)1,416.40885.25531.15
Cash Retained (M)4,339.004,339.004,339.00
(-) Cash Required (M)-1,416.40-885.25-531.15
(=) Excess Retained (M)2,922.603,453.753,807.85
(/) Shares Outstanding (M)1,175.731,175.731,175.73
(=) Excess Retained per Share2.492.943.24
LTM Dividend per Share2.332.332.33
(+) Excess Retained per Share2.492.943.24
(=) Adjusted Dividend4.825.275.57
WACC / Discount Rate8.24%8.24%8.24%
Growth Rate4.89%5.89%6.89%
Fair Value$150.50$236.66$438.48
Upside / Downside-41.70%-8.33%69.86%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)7,082.007,498.837,940.198,407.528,902.379,426.339,709.12
Payout Ratio38.73%48.99%59.24%69.49%79.75%90.00%92.50%
Projected Dividends (M)2,743.003,673.344,703.705,842.627,099.328,483.708,980.94

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate8.24%8.24%8.24%
Growth Rate4.89%5.89%6.89%
Year 1 PV (M)3,361.533,393.583,425.63
Year 2 PV (M)3,939.044,014.514,090.70
Year 3 PV (M)4,477.494,606.784,738.54
Year 4 PV (M)4,978.735,171.345,369.48
Year 5 PV (M)5,444.565,709.115,983.83
PV of Terminal Value (M)109,911.86115,252.32120,798.39
Equity Value (M)132,113.21138,147.64144,406.57
Shares Outstanding (M)1,175.731,175.731,175.73
Fair Value$112.37$117.50$122.82
Upside / Downside-56.47%-54.48%-52.42%

High-Yield Dividend Screener

« Prev Page 30 of 30
Ticker ⇵ Company ⇵ Dividend Yield % ▼ Dividend Per Share ⇵ Payout Ratio % ⇵
LZOEXLazard Emerging Markets Equity Portfolio0.09%$0.0236.87%
PWRQuanta Services, Inc.0.09%$0.395.78%
AAMIAcadian Asset Management0.08%$0.041.59%
PDLBPonce Financial Group, Inc.0.08%$0.011.31%
VRTVertiv Holdings Co0.08%$0.155.48%
0J46.LHEICO Corporation0.07%$0.234.98%
0JYM.LMarkel Corporation0.07%$1.410.87%
CHCIComstock Holding Companies, Inc.0.06%$0.010.56%
MTVCMotive Capital Corp II0.06%$0.012.21%
ENJEntergy New Orleans, LLC First Mortgage Bonds, 5.0% Series due December 1, 20520.05%$0.010.31%
ENOEntergy New Orleans, LLC First Mortgage Bonds, 5.50% Series due April 1, 20660.05%$0.010.31%
AJRDAerojet Rocketdyne Holdings, Inc.0.04%$0.022.70%
ERESEast Resources Acquisition Company0.04%$0.001.55%
NBNNortheast Bank0.04%$0.040.38%
ARHSArhaus, Inc.0.03%$0.000.61%
BSIGBrightSphere Investment Group Inc.0.03%$0.010.34%
EWCZEuropean Wax Center, Inc.0.03%$0.000.37%
WIREEncore Wire Corporation0.03%$0.080.42%
ACFNAcorn Energy, Inc.0.02%$0.000.09%
ACMRACM Research, Inc.0.02%$0.010.62%
CFBCrossFirst Bankshares, Inc.0.02%$0.000.21%
FDSBFifth District Savings Bank0.02%$0.000.35%
GRDNGuardian Pharmacy Services, Inc.0.02%$0.000.75%
NVDANVIDIA Corporation0.02%$0.040.98%
AMGAffiliated Managers Group, Inc.0.01%$0.040.23%
BSX-PABoston Scientific Corporation0.01%$0.020.82%
FIGRFigure Technology Solutions, Inc. Class A Common Stock0.01%$0.002.22%
GNRCGenerac Holdings Inc.0.01%$0.010.18%
LAURLaureate Education, Inc.0.01%$0.000.22%
PLNTPlanet Fitness, Inc.0.01%$0.010.57%
SUMSummit Materials, Inc.0.01%$0.000.32%
BEBloom Energy Corporation0.00%$0.006.20%
BJRIBJ's Restaurants, Inc.0.00%$0.000.01%
CXWCoreCivic, Inc.0.00%$0.000.04%
INFAInformatica Inc.0.00%$0.000.10%
MMMBMamaMancini's Holdings, Inc.0.00%$0.000.04%
PMOPutnam Municipal Opportunities Trust0.00%$0.000.05%
SENEASeneca Foods Corporation0.00%$0.000.04%
SLCAU.S. Silica Holdings, Inc.0.00%$0.000.02%
UNITUniti Group Inc.0.00%$0.000.00%