WallStSmart

DocuSign Inc (DOCU)vsSAP SE ADR (SAP)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

SAP SE ADR generates 1036% more annual revenue ($37.34B vs $3.29B). SAP leads profitability with a 19.6% profit margin vs 9.6%. DOCU appears more attractively valued with a PEG of 0.53. DOCU earns a higher WallStSmart Score of 60/100 (C+).

DOCU

Buy

60

out of 100

Grade: C+

Growth: 6.7Profit: 6.5Value: 8.0Quality: 5.0
Piotroski: 4/9Altman Z: 0.75

SAP

Buy

59

out of 100

Grade: C

Growth: 6.0Profit: 8.5Value: 4.7Quality: 6.8
Piotroski: 6/9Altman Z: 3.11
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

DOCUUndervalued (+65.1%)

Margin of Safety

+65.1%

Fair Value

$126.89

Current Price

$47.26

$79.63 discount

UndervaluedFair: $126.89Overvalued
SAPSignificantly Overvalued (-34.7%)

Margin of Safety

-34.7%

Fair Value

$145.83

Current Price

$184.77

$38.94 premium

UndervaluedFair: $145.83Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

DOCU2 strengths · Avg: 8.5/10
Debt/EquityHealth
0.109/10

Conservative balance sheet, low leverage

PEG RatioValuation
0.538/10

Growing faster than its price suggests

SAP4 strengths · Avg: 9.3/10
Operating MarginProfitability
30.0%10/10

Strong operational efficiency at 30.0%

Altman Z-ScoreHealth
3.1110/10

Safe zone — low bankruptcy risk

Market CapQuality
$192.92B9/10

Large-cap with strong market position

Free Cash FlowQuality
$3.27B8/10

Generating 3.3B in free cash flow

Areas to Watch

DOCU2 concerns · Avg: 3.0/10
P/E RatioValuation
29.2x4/10

Moderate valuation

Altman Z-ScoreHealth
0.752/10

Distress zone — elevated risk

SAP0 concerns · Avg: 0/10

No major concerns identified

Comparative Analysis Report

WallStSmart Research

Bull Case : DOCU

The strongest argument for DOCU centers on Debt/Equity, PEG Ratio. PEG of 0.53 suggests the stock is reasonably priced for its growth.

Bull Case : SAP

The strongest argument for SAP centers on Operating Margin, Altman Z-Score, Market Cap. Profitability is solid with margins at 19.6% and operating margin at 30.0%. PEG of 1.44 suggests the stock is reasonably priced for its growth.

Bear Case : DOCU

The primary concerns for DOCU are P/E Ratio, Altman Z-Score.

Bear Case : SAP

No major red flags identified for SAP, but monitor valuation.

Key Dynamics to Monitor

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

DOCU carries more volatility with a beta of 0.88 — expect wider price swings.

DOCU is growing revenue faster at 8.7% — sustainability is the question.

SAP generates stronger free cash flow (3.3B), providing more financial flexibility.

Bottom Line

DOCU scores higher overall (60/100 vs 59/100). 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.

DocuSign Inc

TECHNOLOGY · SOFTWARE - APPLICATION · USA

DocuSign, Inc. provides cloud-based software in the United States and internationally. The company is headquartered in San Francisco, California.

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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