SAP SAP

equity

Price History

1998-03 · DCA start€48.98

Time underwater

How far below its previous all-time high the price sat, each month. 0% means a new high.

1998-032026-08 · -31.8%

Worst drawdown: −83%, peaking Jun 1998 and bottoming Aug 2002 — 200 months below the prior high before recovering.

DCA Backtest

Start month

Monthly amount (EUR)

Invested: €34,200
Value today: €125,237
Return: +266.2%
Months invested: 342

Scenarios

Inflation — the same contributions merely keeping pace with CPI would be €46,791 today, so the real (inflation-adjusted) return is +167.7%.

Lump sum instead — €34,200 all at once in Mar 1998: €127,893 (+274.0%) — lump sum came out ahead.

Worst timing — same monthly amount started at the all-time high (Dec 2024): €1,954 on €2,100 invested (-7.0%).

⚠ Price returns only — dividends are not included. This understates the true return of dividend-paying shares, and any comparison against crypto (which pays no dividends) is biased against equities by roughly the dividend yield, compounded.

If this saved you a spreadsheet — buy me a coffee.

Every start month at once

Each cell is the return-to-date of £/$/€100-a-month DCA started that month. Click a cell to load it in the backtest above. The ringed cell is the all-time-high start — the worst timing scenario.

	J	F	M	A	M	J	J	A	S	O	N	D
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026

Legend:−50%−20%0%+50%+200%+1000%worst timing (ATH)Selected 1998-03: +266.2%

About SAP

SAP SE doing business as SAP, is a German multinational software company based in Walldorf, Baden-Württemberg, that is the world's largest vendor of enterprise software. (Wikipedia)

It's a listed company categorised under information technology.

It rates Medium-Low Risk at 1.9/5, meaning the rated factors are mostly sound, with one or two areas worth watching.

What pushes the score up: earnings quality (5.0/5) and market / volatility (2.7/5).

Scoring well: sector / regulatory at 1.0/5.

Ratings summarise sourced facts against fixed rules — not investment advice, and no substitute for your own diligence.

Risk Profile

Medium-Low Risk(1.9/5)100% rated

How these ratings work

Market / Volatility2.7/5 · weight 20%

Annualised volatility (3yr)3/529.0
Max drawdown from ATH4/582.7
Beta vs S&P 5001/50.09

Liquidity1.0/5 · weight 15%

Avg daily $ volume1/5378.9m
Float % of shares outstandingnot yet researched

Leverage / Financial1.0/5 · weight 20%

Debt / equity1/50.17
Interest coverage (EBIT / interest)1/521.9

Earnings Quality5.0/5 · weight 15%

3yr EPS volatility5/5115

Concentration1.0/5 · weight 10%

Largest customer, % of revenuenot yet researched
Geographic revenue concentration1/5diversified

Governance1.0/5 · weight 10%

Board independence %not yet researched
Share structure1/5single class
Litigation / audit historynot yet researched

Sector / Regulatory1.0/5 · weight 10%

Sector regulatory exposure1/5low

Linked Assets

Same sector, or return-correlated — worth knowing what else might move if this one does.