WallStSmart

Docebo Inc (DCBO)vsSAP SE ADR (SAP)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

SAP SE ADR generates 15064% more annual revenue ($36.80B vs $242.69M). SAP leads profitability with a 19.5% profit margin vs 15.5%. DCBO trades at a lower P/E of 15.1x. SAP earns a higher WallStSmart Score of 58/100 (C).

DCBO

Buy

58

out of 100

Grade: C

Growth: 8.7Profit: 8.5Value: 8.3Quality: 5.0
Piotroski: 3/9Altman Z: 0.65

SAP

Buy

58

out of 100

Grade: C

Growth: 5.3Profit: 8.5Value: 7.3Quality: 8.0
Piotroski: 6/9Altman Z: 3.09
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

DCBOUndervalued (+68.5%)

Margin of Safety

+68.5%

Fair Value

$59.90

Current Price

$18.54

$41.36 discount

UndervaluedFair: $59.90Overvalued
SAPSignificantly Overvalued (-88.8%)

Margin of Safety

-88.8%

Fair Value

$104.04

Current Price

$168.95

$64.91 premium

UndervaluedFair: $104.04Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

DCBO4 strengths · Avg: 9.5/10
Return on EquityProfitability
56.9%10/10

Every $100 of equity generates 57 in profit

EPS GrowthGrowth
141.7%10/10

Earnings expanding 141.7% YoY

Debt/EquityHealth
0.0610/10

Conservative balance sheet, low leverage

P/E RatioValuation
15.1x8/10

Attractively priced relative to earnings

SAP6 strengths · Avg: 8.8/10
Market CapQuality
$217.55B10/10

Mega-cap, among the largest globally

Altman Z-ScoreHealth
3.0910/10

Safe zone — low bankruptcy risk

Debt/EquityHealth
0.189/10

Conservative balance sheet, low leverage

PEG RatioValuation
0.798/10

Growing faster than its price suggests

Operating MarginProfitability
29.2%8/10

Strong operational efficiency at 29.2%

Free Cash FlowQuality
$1.09B8/10

Generating 1.1B in free cash flow

Areas to Watch

DCBO3 concerns · Avg: 2.7/10
Market CapQuality
$557.21M3/10

Smaller company, higher risk/reward

Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

Altman Z-ScoreHealth
0.652/10

Distress zone — elevated risk

SAP2 concerns · Avg: 4.0/10
P/E RatioValuation
26.3x4/10

Moderate valuation

Revenue GrowthGrowth
3.3%4/10

3.3% revenue growth

Comparative Analysis Report

WallStSmart Research

Bull Case : DCBO

The strongest argument for DCBO centers on Return on Equity, EPS Growth, Debt/Equity. Profitability is solid with margins at 15.5% and operating margin at 15.4%. Revenue growth of 10.5% demonstrates continued momentum.

Bull Case : SAP

The strongest argument for SAP centers on Market Cap, Altman Z-Score, Debt/Equity. Profitability is solid with margins at 19.5% and operating margin at 29.2%. PEG of 0.79 suggests the stock is reasonably priced for its growth.

Bear Case : DCBO

The primary concerns for DCBO are Market Cap, Piotroski F-Score, Altman Z-Score.

Bear Case : SAP

The primary concerns for SAP are P/E Ratio, Revenue Growth.

Key Dynamics to Monitor

DCBO profiles as a mature stock while SAP is a value play — different risk/reward profiles.

DCBO carries more volatility with a beta of 0.84 — expect wider price swings.

DCBO is growing revenue faster at 10.5% — sustainability is the question.

SAP generates stronger free cash flow (1.1B), providing more financial flexibility.

Bottom Line

DCBO scores higher overall (58/100 vs 58/100), backed by strong 15.5% margins and 10.5% revenue growth. Both earn "Buy" and "Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Docebo Inc

TECHNOLOGY · SOFTWARE - APPLICATION · USA

Docebo Inc. provides a cloud-based learning management system to train internal and external workforce, partners, and customers in North America, Europe, and the Asia-Pacific region. The company is headquartered in Toronto, Canada.

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SAP SE ADR

TECHNOLOGY · SOFTWARE - APPLICATION · USA

SAP SE is a global enterprise application software company. The company is headquartered in Walldorf, Germany.

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