WallStSmart

NCR Atleos Corporation (NATL)vsSAP SE ADR (SAP)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

SAP SE ADR generates 745% more annual revenue ($36.80B vs $4.35B). SAP leads profitability with a 19.5% profit margin vs 3.7%. NATL trades at a lower P/E of 20.3x. SAP earns a higher WallStSmart Score of 58/100 (C).

NATL

Buy

58

out of 100

Grade: C

Growth: 6.0Profit: 7.0Value: 8.3Quality: 6.0
Piotroski: 5/9Altman Z: 1.16

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

NATLUndervalued (+58.8%)

Margin of Safety

+58.8%

Fair Value

$100.15

Current Price

$43.74

$56.41 discount

UndervaluedFair: $100.15Overvalued
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

NATL2 strengths · Avg: 10.0/10
Return on EquityProfitability
51.8%10/10

Every $100 of equity generates 52 in profit

EPS GrowthGrowth
97.5%10/10

Earnings expanding 97.5% YoY

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

NATL3 concerns · Avg: 3.0/10
Revenue GrowthGrowth
4.0%4/10

4.0% revenue growth

Profit MarginProfitability
3.7%3/10

3.7% margin — thin

Altman Z-ScoreHealth
1.162/10

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 : NATL

The strongest argument for NATL centers on Return on Equity, EPS Growth.

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 : NATL

The primary concerns for NATL are Revenue Growth, Profit Margin, Altman Z-Score. Thin 3.7% margins leave little buffer for downturns.

Bear Case : SAP

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

Key Dynamics to Monitor

NATL carries more volatility with a beta of 0.79 — expect wider price swings.

NATL is growing revenue faster at 4.0% — sustainability is the question.

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

Monitor SOFTWARE - APPLICATION industry trends, competitive dynamics, and regulatory changes.

Bottom Line

NATL scores higher overall (58/100 vs 58/100). 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.

NCR Atleos Corporation

TECHNOLOGY · SOFTWARE - APPLICATION · USA

NCR ATMCo, LLC is a financial technology company in the United States, rest of Americas, the United Kingdom, rest of Europe, the Middle East, Africa, and the Asia Pacific.

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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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