SAP SECHIX:SAPD 76 FCF Margin % is 34.26% as of Mar. 2026, which is 110% above its 10-year median of 16.30. GuruFocus rates CHIX:SAPD with a GF Score™ of 76/100 and a GF Value™ of €215.91 (Significantly Undervalued). Among 2,811 Software companies, SAP SE ranks better than 88.3% on this metric.
FCF Margin % is calculated as Free Cash Flow divided by its Revenue. SAP SE's Free Cash Flow for the
three
months ended in Mar. 2026 was €3,274 Mil. SAP SE's Revenue for the
three
months ended in Mar. 2026 was €9,555 Mil. Therefore, SAP SE's FCF Margin % for the quarter that ended in Mar. 2026 was 34.26%.
The historical rank and industry rank for SAP SE's FCF Margin % or its related term are showing as below:
CHIX:SAPd'
s FCF Margin % Range Over the Past 10 Years
Min: 9.72 Med: 16.3 Max: 23.33
Current: 21.63
During the past 13 years, the highest FCF Margin % of SAP SE was 23.33%. The lowest was 9.72%. And the median was 16.30%.
CHIX:SAPd's FCF Margin % is ranked better than 88.3% of 2811
companies
in the Software industry
Industry Median: 2.4
vs CHIX:SAPd: 21.63
SAP SE FCF Margin % Related Terms
SAP SE FCF Margin % Historical Data
* Premium members only.
The historical data trend for SAP SE's FCF 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: FCF Margin % Comparison
For the Software - Application subindustry, SAP SE's FCF Margin %, along with its competitors' market caps and FCF 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 FCF Margin % vs Software Industry
For the Software industry and Technology sector, SAP SE's FCF Margin % distribution charts can be found below:
* The bar in red indicates where SAP SE's FCF 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 FCF Margin % of 34.26% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on SAP SE and its competitors. This is 110% above median its historical median of 16.30. Over the past decade, SAP SE's FCF Margin % has ranged from 9.72 to 23.33. According to the industry distribution chart, SAP SE ranks #329 out of 2811 companies in the Software industry, placing it in the top 11.7%.
Is SAP SE's FCF Margin % too high?
SAP SE's current FCF Margin % of 34.26% is 110% above median its 10-year median of 16.30. Over the past 10 years, this metric has ranged from a low of 9.72 to a high of 23.33. The Software industry median FCF Margin % is 2.40. SAP SE's value of 34.26% is 1327.5% above this industry median. Based on the distribution chart, SAP SE ranks #329 out of 2811 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 FCF Margin % compare to CRM and SHOP?
According to the Software industry distribution chart, SAP SE ranks #329 out of 2811 companies for FCF Margin %. This places SAP SE in the top 12% of its industry — outperforming the majority of peers. The industry median FCF Margin % is 2.40. SAP SE's value of 34.26% is 1327.5% above this benchmark. Historically, SAP SE's own FCF Margin % has ranged from 9.72 to 23.33 over the past decade. While the company's 10-year median is 16.30 vs. the industry median of 2.40, 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 FCF Margin % for a Software company?
The median FCF Margin % among Software companies is 2.40, based on 2,811 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. SAP SE's current FCF Margin % of 34.26% is 1327.5% 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 FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on SAP SE and its competitors. For the Software industry, the median FCF Margin % is 2.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SAP SE's current FCF Margin % is 34.26%, which is 110% above median its own 10-year median of 16.30. 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 FCF Margin % is 34.26%, which is 110% above median its 10-year median of 16.30 and 1327.5% above the Software industry median of 2.40. 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 FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For SAP SE (CHIX:SAPD), the current FCF Margin % is 34.26% 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:
FCF Margin %: 34.26% (110% above median its 10-year median of 16.30)
GF Value™: €215.91 vs. price of €132.55 (38.6% below fair value)
Industry Position: 1327.5% above the Software median (#329 of 2811)
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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