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SAP SEHAM:SAP -2.37%76 5-Year Yield-on-Cost % is 2.57 as of Jul. 15, 2026, which is 29% above its 10-year median of 2.00. GuruFocus rates HAM:SAP with a GF Score™ of 76/100 and a GF Value™ of €220.53 (Significantly Undervalued). Among 1,028 Software companies, SAP SE ranks worse than 54.77% on this metric.
SAP SE's yield on cost for the quarter that ended in Mar. 2026 was 2.57.
The historical rank and industry rank for SAP SE's 5-Year Yield-on-Cost % or its related term are showing as below:
HAM:SAP'
s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.14 Med: 2 Max: 3.48
Current: 2.57
During the past 13 years, SAP SE's highest Yield on Cost was 3.48. The lowest was 1.14. And the median was 2.00.
HAM:SAP's 5-Year Yield-on-Cost % is ranked worse than 54.77% of 1028
companies
in the Software industry
Industry Median: 3.06
vs HAM:SAP: 2.57
SAP SE (HAM:SAP) 5-Year Yield-on-Cost % Explanation
Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.
SAP SE 5-Year Yield-on-Cost % Related Terms
HAM:SAP vs UBER, SHOP, CRM: 5-Year Yield-on-Cost % Comparison
For the Software - Application subindustry, SAP SE's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % 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 5-Year Yield-on-Cost % vs Software Industry
For the Software industry and Technology sector, SAP SE's 5-Year Yield-on-Cost % distribution charts can be found below:
* The bar in red indicates where SAP SE's 5-Year Yield-on-Cost % falls into.
Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.
Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.
Therefore, Yield-on-Cost of SAP SE is calculated as
SAP SE (HAM:SAP) has a 5-Year Yield-on-Cost % of 2.57 as of Jul. 15, 2026. 5-Year Yield on Cost measures the expected yield based on a company's current yield and 5-year dividend growth. View historical data on SAP SE and its competitors. This is 29% above median its historical median of 2.00. Over the past decade, SAP SE's 5-Year Yield-on-Cost % has ranged from 1.14 to 3.48. According to the industry distribution chart, SAP SE ranks #563 out of 1028 companies in the Software industry, placing it in the top 54.8%.
Is SAP SE's 5-Year Yield-on-Cost % too high?
SAP SE's current 5-Year Yield-on-Cost % of 2.57 is 29% above median its 10-year median of 2.00. Over the past 10 years, this metric has ranged from a low of 1.14 to a high of 3.48. The Software industry median 5-Year Yield-on-Cost % is 3.06. SAP SE's value of 2.57 is 16% below this industry median. Based on the distribution chart, SAP SE ranks #563 out of 1028 companies in the Software industry, which is below the industry midpoint. 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 5-Year Yield-on-Cost % compare to UBER and SHOP?
According to the Software industry distribution chart, SAP SE ranks #563 out of 1028 companies for 5-Year Yield-on-Cost %. This places SAP SE in the lower half of its industry. The industry median 5-Year Yield-on-Cost % is 3.06. SAP SE's value of 2.57 is 16% below this benchmark. Historically, SAP SE's own 5-Year Yield-on-Cost % has ranged from 1.14 to 3.48 over the past decade. While the company's 10-year median is 2.00 vs. the industry median of 3.06, SAP SE has consistently been below 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 5-Year Yield-on-Cost % for a Software company?
The median 5-Year Yield-on-Cost % among Software companies is 3.06, based on 1,028 companies in the industry. Companies in the top quartile (top 25%) have a 5-Year Yield-on-Cost % significantly above this median, while those in the bottom quartile fall well below. However, 5-Year Yield-on-Cost % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. SAP SE's current 5-Year Yield-on-Cost % of 2.57 is 16% below 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 5-Year Yield-on-Cost % mean?
A high 5-Year Yield-on-Cost % can signal that a stock is expensive relative to its fundamentals. 5-Year Yield on Cost measures the expected yield based on a company's current yield and 5-year dividend growth. View historical data on SAP SE and its competitors. For the Software industry, the median 5-Year Yield-on-Cost % is 3.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SAP SE's current 5-Year Yield-on-Cost % is 2.57, which is 29% above median its own 10-year median of 2.00. 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 Significantly Undervalued. The stock's GF Value™ is €220.53, compared to a current price of €136.78 — trading 38% below its estimated fair value. The current 5-Year Yield-on-Cost % is 2.57, which is 29% above median its 10-year median of 2.00 and 16% below the Software industry median of 3.06. 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 5-Year Yield-on-Cost % calculated?
5-Year Yield-on-Cost % is calculated from a company's financial statements. For SAP SE (HAM:SAP), the current 5-Year Yield-on-Cost % is 2.57 as of Jul. 15, 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 €136.78 is trading 38% below its estimated GF Value™ of €220.53.
GuruFocus considers SAP SE to be Significantly Undervalued.
Key valuation signals for HAM:SAP:
5-Year Yield-on-Cost %: 2.57 (29% above median its 10-year median of 2.00)
GF Value™: €220.53 vs. price of €136.78 (38% below fair value)
Industry Position: 16% below the Software median (#563 of 1028)
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.
76GF Score
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