Home Compare SAP.DE vs TMV.DE
Stock Comparison · Industry comparison · Software - Application

SAP vs TeamViewer: Which Stock Looks Stronger in 2026?

The structural profiles are close, with SAP SE carrying a narrow edge on valuation. TeamViewer SE still has the edge on valuation, which keeps the comparison from looking entirely one-sided. Both sides have seen trend damage — neither carries a clear market edge right now. With both trends damaged, the structural comparison carries most of the weight here.

The comparison is based on similar long-term financial trajectories, not sector labels. Both peer scores are relative to the HDAX universe, making them directly comparable.

Updated 2026-08-16

Valuation points more clearly toward TeamViewer SE, even if the broader score still leans toward SAP SE.

INDUSTRY COMPARISON

Both operate in: Software - Application

This comparison is based on industry proximity, not on functional trajectory similarity. SAP.DE and TMV.DE share the same industry classification.

For a similarity-based comparison, see how SAP SE and TeamViewer SE each position within their functional peer groups in AssetNext.

Peer-Relative Score
SAP.DE
SAP SE
50
Peer-Score
Signal qualitylow
Peer basis: HDAX
vs
TMV.DE
TeamViewer SE
45
Peer-Score
Signal qualitylow
Peer basis: HDAX

Scores reflect position relative to comparable companies with similar long-term financial trajectories.

Score differences across key dimensions.

Dimension spread: SAP.DE vs TMV.DE Profitability 48 24 Stability 42 14 Valuation 54 88 Growth 55 42 SAP.DE TMV.DE
Gap Ranking
#1 Valuation +34
#2 Stability +28
#3 Profitability +24
#4 Growth +13
Price Setup

Left means cheaper relative valuation. Higher means stronger structure.

Price setup map for SAP.DE and TMV.DE Stronger + cheaper Stronger + richer Weaker + cheaper Weaker + richer SAP.DETMV.DE Relative valuation Structural strength

SAP SE is stronger, but the price setup still looks more supportive for TeamViewer SE.

Valuation position uses peer-relative PE percentile (idx_pct_pe) where available.

Entry today — historical context

Where SAP.DE and TMV.DE each sit in their own 5-year price and valuation history.

BASED ON 5-YEAR HISTORY SAP.DE Neutral · below norm 0th 50th 100th 52 pct gap TMV.DE Lower · below norm 0th 50th 100th 69th 16th
Today TMV.DE sits in the lower portion of its own 5-year history (16th percentile), while SAP.DE sits higher in its own history (69th). Within each stock's own 5-year context, TMV.DE is at a historically more favourable entry position than SAP.DE. This reflects entry timing, not which company is structurally stronger — peer-relative analysis is a separate question addressed above.

Describes historical entry positioning only. Descriptive — not investment advice.

Relative Position vs Comparable Companies
Valuation
Both profiles are strong on valuation, but TeamViewer SE leads clearly.
Stability
SAP SE sits higher in the group on stability, adding to the overall structural advantage.
Valuation — Dominant Gap
SAP.DE
54
TMV.DE
88
Gap+34in favour of TMV.DE

The peer-relative valuation gap is wide, with the stronger side also looking meaningfully cheaper.

What keeps the gap from being one-sided

TeamViewer SE still shows lower market-fundamental divergence, which keeps the wider picture mixed rather than completely one-sided.

What this means for the comparison

Valuation is the clearest driver of the lead, with stability adding further support — though valuation still provides a real counterweight.

Explore full peer positioning in AssetNext

Break down the SAP.DE vs TMV.DE comparison across all dimensions with the full interactive tool.

Explore full breakdown →
Other comparisons with conflicting dimension signals

Explore how SAP.DE and TMV.DE each compare against other companies in their peer groups.

Rule-based, descriptive analysis only. Derived from peer percentile dimensions. Not investment advice. Peer groups are determined algorithmically based on structural similarity — not by sector classification alone.

How AssetNext Peer Scores Work

AssetNext scores reflect each company's structural position within its functional peer group — not a ranking against all stocks simultaneously. Peers are identified by similarity across eight financial dimensions, including revenue growth trajectory, margin structure, capital intensity, and earnings stability. A score of 75 means the company ranks in the top quartile within its own peer group, not the entire market.

Four dimension scores drive the overall peer score: Growth (revenue trajectory and expansion dynamics), Quality (margin structure and capital efficiency), Valuation (peer-relative pricing on standard multiples), and Stability (earnings consistency and financial predictability). Each dimension is scored 0–100 relative to the peer group, then combined into an overall peer score using equal weighting.

Because scores are peer-relative, the same company can have slightly different scores in different index universes. On comparison pages, both companies are shown within their shared peer universe wherever possible — so the scores are directly comparable. The peer basis is stated on each score card.

Scores are recalculated periodically as underlying financial data is updated. All analysis is descriptive and rule-based — AssetNext describes structural realities and never issues buy, sell or hold recommendations.