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SAP SEHAM:SAP -0.40%78 3-1 Month Momentum % is 28.80% as of Sep. 12, 2026. GuruFocus rates HAM:SAP with a GF Score™ of 78/100 and a GF Value™ of €224.95 (Modestly Undervalued). Among 2,820 Software companies, SAP SE ranks better than 83.58% on this metric.
3-1 Month Momentum % is the total return of the stock from 3-month ago to 1-month ago. As of today (2026-09-12), SAP SE's 3-1 Month Momentum % is 28.80%.
The industry rank for SAP SE's 3-1 Month Momentum % or its related term are showing as below:
HAM:SAP's 3-1 Month Momentum % is ranked better than 83.58% of 2820
companies
in the Software industry
Industry Median: 0.415
vs HAM:SAP: 28.80
Momentum investing is a trading strategy in which investors buy securities that are rising and sell before the prices start to go back down. The 3-1 Month Momentum % measures the total return to a stock over the past three months, but ignores the previous month.
The reason why the most recent month’s return dropped related to the short-term reversal effect associated with momentum. There is an academic finding that short-term momentum actually has a reversal effect, whereby the previous winners (measured over the past months) do poorly the next month, while the previous losers do well the next month. In order to eliminate the short-term reversal effect, the previous month return was not included in this calculation.
SAP SE 3-1 Month Momentum % Related Terms
HAM:SAP vs CRM, SHOP, UBER: 3-1 Month Momentum % Comparison
For the Software - Application subindustry, SAP SE's 3-1 Month Momentum %, along with its competitors' market caps and 3-1 Month Momentum % 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 3-1 Month Momentum % vs Software Industry
For the Software industry and Technology sector, SAP SE's 3-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where SAP SE's 3-1 Month Momentum % 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 (HAM:SAP) has a 3-1 Month Momentum % of 28.80% as of Sep. 12, 2026. 3-1 Month Momentum measures the total return of the stock from 3-month ago to 1-month ago. View historical data on SAP SE and its competitors. According to the industry distribution chart, SAP SE ranks #463 out of 2820 companies in the Software industry, placing it in the top 16.4%.
Is SAP SE's 3-1 Month Momentum % too high?
SAP SE's current 3-1 Month Momentum % is 28.80%. The Software industry median 3-1 Month Momentum % is 0.42. SAP SE's value of 28.80% is 6839.8% above this industry median. Based on the distribution chart, SAP SE ranks #463 out of 2820 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 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does SAP SE's 3-1 Month Momentum % compare to CRM and SHOP?
According to the Software industry distribution chart, SAP SE ranks #463 out of 2820 companies for 3-1 Month Momentum %. This places SAP SE in the top 16% of its industry — outperforming the majority of peers. The industry median 3-1 Month Momentum % is 0.42. SAP SE's value of 28.80% is 6839.8% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-1 Month Momentum % for a Software company?
The median 3-1 Month Momentum % among Software companies is 0.42, based on 2,820 companies in the industry. Companies in the top quartile (top 25%) have a 3-1 Month Momentum % significantly above this median, while those in the bottom quartile fall well below. However, 3-1 Month Momentum % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. SAP SE's current 3-1 Month Momentum % of 28.80% is 6839.8% 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 3-1 Month Momentum % mean?
A high 3-1 Month Momentum % can signal that a stock is expensive relative to its fundamentals. 3-1 Month Momentum measures the total return of the stock from 3-month ago to 1-month ago. View historical data on SAP SE and its competitors. For the Software industry, the median 3-1 Month Momentum % is 0.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SAP SE's current 3-1 Month Momentum % is 28.80%. 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 (HAM:SAP) is currently considered Modestly Undervalued. The stock's GF Value™ is €224.95, compared to a current price of €177.32 — trading 21.2% below its estimated fair value. The current 3-1 Month Momentum % is 28.80% and 6839.8% above the Software industry median of 0.42. SAP SE's overall GF Score™ is 78/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-1 Month Momentum % calculated?
3-1 Month Momentum % is calculated from a company's financial statements. For SAP SE (HAM:SAP), the current 3-1 Month Momentum % is 28.80% as of Sep. 12, 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 (HAM:SAP) Overvalued in 2026?
Based on GuruFocus' analysis, SAP SE stock appears to be undervalued.
The current stock price of €177.32 is trading 21.2% below its estimated GF Value™ of €224.95.
GuruFocus considers SAP SE to be Modestly Undervalued.
Key valuation signals for HAM:SAP:
3-1 Month Momentum %: 28.80%
GF Value™: €224.95 vs. price of €177.32 (21.2% below fair value)
Industry Position: 6839.8% above the Software median (#463 of 2820)
No single metric tells the full story. See the HAM:SAP 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.
78GF Score
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