SAP SECHIX:SAPD 76 EBITDA Margin % is 34.99% as of Mar. 2026, which is 23% above its 10-year median of 28.54. GuruFocus rates CHIX:SAPD with a GF Score™ of 76/100 and a GF Value™ of €215.91 (Significantly Undervalued). Among 2,818 Software companies, SAP SE ranks better than 90.24% on this metric.
EBITDA Margin % is calculated as EBITDA divided by its Revenue. SAP SE's EBITDA for the
three
months ended in Mar. 2026 was €3,343 Mil. SAP SE's Revenue for the
three
months ended in Mar. 2026 was €9,555 Mil. Therefore, SAP SE's EBITDA margin for the quarter that ended in Mar. 2026 was 34.99%.
SAP SE (CHIX:SAPd) EBITDA Margin % Explanation
EBITDA Margin % is the ratio of EBITDA divided by net sales or Revenue. It is an performance metric measuring company's operating profitability. EBITDA Margin takes depreciation and amortization, interest expense and tax into account, which makes it easy to compare the relative profitability of companies of different sizes in the same industry.
SAP SE EBITDA Margin % Related Terms
SAP SE EBITDA Margin % Historical Data
* Premium members only.
The historical data trend for SAP SE's EBITDA Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
CHIX:SAPD vs CRM, SHOP, UBER: EBITDA Margin % Comparison
For the Software - Application subindustry, SAP SE's EBITDA Margin %, along with its competitors' market caps and EBITDA Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
SAP SE EBITDA Margin % vs Software Industry
For the Software industry and Technology sector, SAP SE's EBITDA Margin % distribution charts can be found below:
* The bar in red indicates where SAP SE's EBITDA Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
SAP SE (CHIX:SAPD) has a EBITDA Margin % of 34.99% as of Mar. 2026. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on SAP SE and its competitors. This is 23% above median its historical median of 28.54. Over the past decade, SAP SE's EBITDA Margin % has ranged from 19.28 to 40.76. According to the industry distribution chart, SAP SE ranks #275 out of 2818 companies in the Software industry, placing it in the top 9.8%.
Is SAP SE's EBITDA Margin % too high?
SAP SE's current EBITDA Margin % of 34.99% is 23% above median its 10-year median of 28.54. Over the past 10 years, this metric has ranged from a low of 19.28 to a high of 40.76. The Software industry median EBITDA Margin % is 8.07. SAP SE's value of 34.99% is 333.6% above this industry median. Based on the distribution chart, SAP SE ranks #275 out of 2818 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, SAP SE has a GF Score™ of 76/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does SAP SE's EBITDA Margin % compare to CRM and SHOP?
According to the Software industry distribution chart, SAP SE ranks #275 out of 2818 companies for EBITDA Margin %. This places SAP SE in the top 10% of its industry — outperforming the majority of peers. The industry median EBITDA Margin % is 8.07. SAP SE's value of 34.99% is 333.6% above this benchmark. Historically, SAP SE's own EBITDA Margin % has ranged from 19.28 to 40.76 over the past decade. While the company's 10-year median is 28.54 vs. the industry median of 8.07, SAP SE has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBITDA Margin % for a Software company?
The median EBITDA Margin % among Software companies is 8.07, based on 2,818 companies in the industry. Companies in the top quartile (top 25%) have a EBITDA Margin % significantly above this median, while those in the bottom quartile fall well below. However, EBITDA Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. SAP SE's current EBITDA Margin % of 34.99% is 333.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBITDA Margin % mean?
A high EBITDA Margin % can signal that a stock is expensive relative to its fundamentals. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on SAP SE and its competitors. For the Software industry, the median EBITDA Margin % is 8.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SAP SE's current EBITDA Margin % is 34.99%, which is 23% above median its own 10-year median of 28.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SAP SE stock overvalued right now?
Based on GuruFocus' analysis, SAP SE (CHIX:SAPD) is currently considered Significantly Undervalued. The stock's GF Value™ is €215.91, compared to a current price of €132.55 — trading 38.6% below its estimated fair value. The current EBITDA Margin % is 34.99%, which is 23% above median its 10-year median of 28.54 and 333.6% above the Software industry median of 8.07. SAP SE's overall GF Score™ is 76/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBITDA Margin % calculated?
EBITDA Margin % is calculated from a company's financial statements. For SAP SE (CHIX:SAPD), the current EBITDA Margin % is 34.99% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is SAP SE (CHIX:SAPD) Overvalued in 2026?
Based on GuruFocus' analysis, SAP SE stock appears to be undervalued.
The current stock price of €132.55 is trading 38.6% below its estimated GF Value™ of €215.91.
GuruFocus considers SAP SE to be Significantly Undervalued.
Key valuation signals for CHIX:SAPD:
EBITDA Margin %: 34.99% (23% above median its 10-year median of 28.54)
GF Value™: €215.91 vs. price of €132.55 (38.6% below fair value)
Industry Position: 333.6% above the Software median (#275 of 2818)
No single metric tells the full story. See the CHIX:SAPD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Founded in Germany in 1972 by former IBM employees, SAP is the world's largest provider of enterprise application software. Known as the leader in enterprise resource planning software, SAP's portfolio also includes software for supply chain management, procurement, travel and expense management, and customer relationship management, among others. The company operates in more than 180 countries and has more than 400,000 customers, approximately 80% of which are small to medium-size enterprises.
76GF Score
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