WallStSmart

AMTD Digital Inc. (HKD)vsSAP SE ADR (SAP)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

SAP SE ADR generates 27337% more annual revenue ($37.34B vs $136.10M). HKD leads profitability with a 40.2% profit margin vs 19.6%. HKD trades at a lower P/E of 9.3x. HKD earns a higher WallStSmart Score of 70/100 (B).

HKD

Strong Buy

70

out of 100

Grade: B

Growth: 10.0Profit: 9.0Value: 8.3Quality: 5.5
Piotroski: 3/9Altman Z: 2.04

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

HKDUndervalued (+76.3%)

Margin of Safety

+76.3%

Fair Value

$6.33

Current Price

$1.87

$4.46 discount

UndervaluedFair: $6.33Overvalued
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

HKD6 strengths · Avg: 10.0/10
P/E RatioValuation
9.3x10/10

Attractively priced relative to earnings

Return on EquityProfitability
37.1%10/10

Every $100 of equity generates 37 in profit

Profit MarginProfitability
40.2%10/10

Keeps 40 of every $100 in revenue as profit

Operating MarginProfitability
60.5%10/10

Strong operational efficiency at 60.5%

Revenue GrowthGrowth
340.9%10/10

Revenue surging 340.9% year-over-year

EPS GrowthGrowth
81.0%10/10

Earnings expanding 81.0% YoY

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

HKD3 concerns · Avg: 3.0/10
Market CapQuality
$524.85M3/10

Smaller company, higher risk/reward

Debt/EquityHealth
1.223/10

Elevated debt levels

Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

SAP0 concerns · Avg: 0/10

No major concerns identified

Comparative Analysis Report

WallStSmart Research

Bull Case : HKD

The strongest argument for HKD centers on P/E Ratio, Return on Equity, Profit Margin. Profitability is solid with margins at 40.2% and operating margin at 60.5%. Revenue growth of 340.9% demonstrates continued momentum.

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 : HKD

The primary concerns for HKD are Market Cap, Debt/Equity, Piotroski F-Score.

Bear Case : SAP

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

Key Dynamics to Monitor

HKD profiles as a growth stock while SAP is a mature play — different risk/reward profiles.

HKD carries more volatility with a beta of 2.00 — expect wider price swings.

HKD is growing revenue faster at 340.9% — sustainability is the question.

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

Bottom Line

HKD scores higher overall (70/100 vs 59/100), backed by strong 40.2% margins and 340.9% revenue growth. Both earn "Strong 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.

AMTD Digital Inc.

TECHNOLOGY · SOFTWARE - APPLICATION · USA

AMTD Digital Inc. designs and develops a digital platform to provide financial, media, content and marketing, and investment solutions.

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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