Valuation SAP CINNOBER BOAT

Stocks

Real-time Estimate Tradegate Other stock markets 23:58:26 18/06/2026 +04			5-day change	1st Jan Change
135.38 ^EUR	0.00%		0.00%	-

07:54pm	Frankfurt Stocks Close: DAX edges above 25,000 points	DP
07:07pm	European Equities Traded in the US as American Depositary Receipts Little Changed in Thursday Trading	MT

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Market Cap ¹	147,329	112,276	162,380	274,903	242,644	157,317	-	-
Change	-	-23.79%	44.63%	69.3%	-11.73%	-35.17%	-	-
Enterprise Value (EV) ¹	151,243	116,785	160,588	273,208	239,263	148,626	139,238	135,480
Change	-	-22.78%	37.51%	70.13%	-12.42%	-37.88%	-6.32%	-2.7%
P/E	28x	49.2x	45.7x	89.2x	33.2x	18.9x	16x	13.7x
PBR	3.78x	2.81x	3.78x	6.06x	5.43x	3.25x	2.94x	2.68x
PEG	-	-0.9x	0.8x	-6.8x	0x	1.4x	0.9x	0.8x
Capitalization / Revenue	5.29x	3.64x	5.2x	8.04x	6.59x	3.92x	3.48x	3.13x
EV / Revenue	5.43x	3.78x	5.15x	7.99x	6.5x	3.7x	3.08x	2.7x
EV / EBITDA	15.1x	11.8x	15.9x	29x	20.4x	11.3x	9.21x	7.91x
EV / EBIT	18.4x	14.5x	18.4x	33.5x	23x	12.5x	10.1x	8.52x
EV / FCF	30.2x	26.9x	29x	66.4x	29x	14.9x	12.4x	11x
FCF Yield	3.31%	3.72%	3.44%	1.51%	3.44%	6.73%	8.04%	9.05%
Dividend per Share ²	1.95	2.05	2.2	2.35	-	2.694	3.043	3.451
Rate of return	1.56%	2.13%	1.58%	0.99%	-	2%	2.26%	2.56%
EPS ²	4.46	1.96	3.05	2.65	6.28	7.136	8.436	9.84
Distribution rate	43.7%	105%	72.1%	88.7%	-	37.8%	36.1%	35.1%
Net sales ¹	27,842	30,871	31,207	34,176	36,800	40,158	45,241	50,190
EBITDA ¹	10,005	9,929	10,094	9,433	11,730	13,155	15,123	17,124
EBIT ¹	8,230	8,033	8,721	8,153	10,419	11,884	13,803	15,895
Net income ¹	5,383	1,714	3,564	3,124	7,492	8,181	9,574	11,028
Net Debt ¹	3,914	4,509	-1,792	-1,695	-3,381	-8,691	-18,079	-21,837
Reference price ²	124.90	96.39	139.48	236.30	208.35	134.86	134.86	134.86
Nbr of stocks (in thousands)	1,179,579	1,164,814	1,164,184	1,163,363	1,164,600	1,167,559	-	-
Announcement Date	27/01/22	26/01/23	23/01/24	28/01/25	29/01/26	-	-	-

¹EUR in Million²EUR

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (N)	EV / Sales (N)	EV / EBITDA (N)	Dividend Yield (N)	Capi.($)
ORACLE CORPORATION	31.58x	9.4x	17.41x	1.06%	528B
SERVICENOW, INC.	47.99x	5.65x	15.53x	-.--%	98.47B
CONSTELLATION SOFTWARE INC.	34.61x	3.28x	11.8x	0.19%	43.52B
STRATEGY INCORPORATED	5.22x	95.7x	1122.89x	-.--%	40.98B
FAIR ISAAC CORPORATION	29.7x	11.67x	19.03x	-.--%	26.13B
TOAST, INC.	27.46x	1.62x	14.8x	-.--%	14.15B
TRIMBLE, INC.	21.76x	3.12x	10.53x	-	11.39B
SAGE GROUP PLC	18.7x	3.21x	11.81x	2.8%	10.06B
GUIDEWIRE SOFTWARE, INC.	62.98x	6x	25.7x	-.--%	9.26B
Average	31.11x	15.52x	138.83x	0.51%	86.87B
Weighted average by Cap.	32.36x	12.83x	74.74x	0.78%