Which has the lower trailing P/E, SAP or SNDK?

SNDK has the lower trailing P/E: SAP trades at 27.46 and SNDK at 21.08. P/E is one valuation measure and does not by itself establish which business is cheaper.

Does SAP or SNDK pay a bigger dividend?

SAP pays a dividend (1.35% yield), while SNDK has no payments in the available dividend history.

Is SAP or SNDK more profitable?

SNDK runs the higher net margin — SAP at 20.40% versus SNDK at 56.46%.

SAP SE (SAP) vs Sandisk Corporation (SNDK)

A side-by-side comparison of SAP SE and Sandisk Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 4, 2026. Differences are shown without an overall score or investment verdict.

SAP

SAP SE

$251.83B

$216.12TechnologyDelayed quote: Sep 4, 2026, 3:10 PM EDT

SNDK

Sandisk Corporation

$253.61B

$1,712.52TechnologyDelayed quote: Sep 4, 2026, 3:10 PM EDT

Total return — SAP vs SNDK

growth of $100 · dividends reinvested · last 2y

SAP -21.3% (-11.3%/yr)SNDK +4219.4% (+557.2%/yr)SNDK compounded faster over this window

Log scale — wide-divergence pair

SAP SNDK

SAP vs SNDK: by the numbers

•SNDK is the larger company ($253.61B vs $251.83B market cap).
•SNDK trades at the lower trailing earnings multiple (21.08 vs 27.46 P/E), one valuation lens rather than an overall verdict.
•SNDK converts more revenue to profit (56.46% vs 20.40% net margin).
•SAP pays a dividend (1.35% yield), while SNDK has no payments in the available dividend history.

Metrics side by side

Valuation

Metric	SAP	SNDK
P/E ratio	27.46	21.08
Forward P/E	30.57	23.27
P/S ratio	5.67	11.90
P/B ratio	4.92	15.32
EV / EBITDA	18.77	18.87
FCF yield	4.00%	4.77%

Profitability

Metric	SAP	SNDK
Gross margin	72.75%	71.47%
Operating margin	26.78%	61.19%
Net margin	20.40%	56.46%
ROE	17.70%	72.66%
ROIC	13.02%	64.29%

Dividends

Metric	SAP	SNDK
Dividend yield	1.35%	N/A
Payout ratio	41.45%	N/A

Growth (annualized)

Metric	SAP	SNDK
Revenue CAGR (5Y)	6.60%	N/A
EPS CAGR (5Y)	5.95%	N/A
FCF CAGR (5Y)	5.34%	N/A
Total return CAGR (5Y)	9.48%	N/A

Frequently asked

Which has the lower trailing P/E, SAP or SNDK?: SNDK has the lower trailing P/E: SAP trades at 27.46 and SNDK at 21.08. P/E is one valuation measure and does not by itself establish which business is cheaper.
Does SAP or SNDK pay a bigger dividend?: SAP pays a dividend (1.35% yield), while SNDK has no payments in the available dividend history.
Is SAP or SNDK more profitable?: SNDK runs the higher net margin — SAP at 20.40% versus SNDK at 56.46%.

Go deeper

Full SAP analysis Full SNDK analysis Interactive comparison tool

Dig into the metrics

SAP SE P/E ratio Sandisk P/E ratio SAP SE dividend yield SAP SE ROE Sandisk ROE SAP SE operating margin Sandisk operating margin SAP SE revenue growth Sandisk revenue growth SAP SE free cash flow Sandisk free cash flow

SAP SE & Sandisk appear in these rankings

Highest ROE Stocks Highest ROIC Stocks Highest Operating Margin Stocks Highest FCF Yield Stocks

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified September 4, 2026.