Software (SOW.HM) Stock Price
Software Price
Over the last 19 years Software grew revenue by 4.7% annually, reaching 991.50 M EUR. Earnings per share have declined at 0.2% per year over the last 6 years. For Software, the net margin of 1.7% is down versus 17.4% a few years ago. At today's price the dividend yield works out to roughly 0.13%. The payout ratio is around 28% of earnings.
Software stock price
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Stock Price
ⓘHow to Read This Chart
This chart tracks the historical stock price of Software over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.
Total Return vs. Price Return
The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.
Intraday Price Data
When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Software stock reacts to market openings, earnings releases, or breaking news throughout the trading session.
What to Look For
Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Software's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.
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Software Revenue, EBIT, Net Income
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Software Income Statement, Balance Sheet, Cash Flow Statement
| REVENUEB EUR |
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| EBITM EUR |
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| DIVIDEND GROWTHDIV. GROWTH% |
| SHARESM |
| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024e | 2025e | 2026e | 2027e | 2028e | 2029e | 2030e |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0.87 | 0.87 | 0.88 | 0.87 | 0.89 | 0.83 | 0.83 | 0.96 | 0.99 | 1.06 | 1.17 | 1.14 | 1.22 | 1.23 | 1.26 | 1.30 |
| 1.87 | -0.23 | 0.80 | -1.48 | 2.89 | -6.29 | -0.12 | 15.01 | 3.44 | 7.16 | 10.26 | -2.48 | 7.09 | 0.33 | 3.02 | 3.01 |
| 75.60 | 75.66 | 75.74 | 77.46 | 77.19 | 76.38 | 77.43 | 74.95 | 74.47 | 74.47 | 74.47 | 74.47 | 74.47 | 74.47 | 74.47 | 74.47 |
| 660.00 | 659.00 | 665.00 | 670.00 | 687.00 | 637.00 | 645.00 | 718.00 | 738.00 | 790.87 | 872.05 | 850.45 | 910.77 | 913.75 | 941.30 | 969.60 |
| 214.00 | 223.00 | 226.00 | 224.00 | 214.00 | 139.00 | 127.00 | – | 83.00 | 172.00 | 215.00 | 213.00 | – | – | – | – |
| 24.51 | 25.60 | 25.74 | 25.90 | 24.04 | 16.67 | 15.25 | – | 8.38 | 16.20 | 18.36 | 18.65 | – | – | – | – |
| 139.00 | 140.00 | 140.00 | 164.00 | 154.00 | 95.00 | 83.00 | 18.00 | 17.00 | – | 160.00 | – | – | – | – | – |
| 26.36 | 0.72 | – | 17.14 | -6.10 | -38.31 | -12.63 | -78.31 | -5.56 | – | – | – | – | – | – | – |
| 0.50 | 0.55 | 0.60 | 0.65 | 0.71 | 0.76 | 0.76 | 0.76 | 0.05 | 0.10 | 0.10 | 0.10 | – | – | – | – |
| 8.70 | 10.00 | 9.09 | 8.33 | 9.23 | 7.04 | – | – | -93.42 | 100.00 | – | – | – | – | – | – |
| 73.98 | 73.98 | 73.98 | 73.98 | 73.98 | 73.98 | 73.98 | 73.98 | 73.98 | 73.98 | 73.98 | 73.98 | 73.98 | 73.98 | 73.98 | 73.98 |
Details
Income Statement Key Figures
ⓘRevenue and Revenue Growth
Revenue is the starting point of every income statement — it measures the total sales Software generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.
Gross Margin
Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Software retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Software's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.
EBIT and EBIT Margin
EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.
Net Income and Earnings Per Share (EPS)
Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.
Shares Outstanding
The total number of shares Software has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.
Analyst Estimates
The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Software's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.
Software stock margins
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Software Stock Revenue, EBIT, Earnings per Share
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Software business model & stock analysis
Software SWOT Analysis
Strengths
Software AG possesses several strengths that contribute to its success in the market. Firstly, it has a strong reputation as a reliable provider of software solutions, with a proven track record of delivering high-quality products and services. Additionally, the company has a diverse and extensive product portfolio, offering a wide range of solutions to meet various business needs. Software AG's focus on innovation and continuous improvement ensures that it stays ahead of the competition and remains relevant in a rapidly evolving technology landscape.
Weaknesses
Despite its strengths, Software AG also faces certain weaknesses that need to be addressed. One of the key weaknesses is its dependency on a limited number of large clients for a significant portion of its revenue. This concentration of customer base poses a potential risk to the company's financial stability if it were to lose a major client. Additionally, Software AG's market presence is comparatively smaller compared to some of its competitors, limiting its brand recognition and market share.
Opportunities
Software AG has several opportunities that it can capitalize on to drive growth and expand its market reach. The increasing demand for digital transformation solutions presents a significant opportunity for the company as organizations across industries are looking to modernize their systems and processes. Furthermore, Software AG can leverage emerging technologies such as artificial intelligence and blockchain to develop innovative products and services that cater to evolving customer needs. Expanding into new geographical markets that offer growth potential is another avenue for Software AG to explore.
Threats
Software AG operates in a highly competitive market, which poses threats to its market position and profitability. The emergence of new competitors and disruptive technologies increases the risk of losing market share. Moreover, changing regulatory landscapes and data privacy concerns may impact the company's ability to operate in certain regions. Additionally, economic uncertainties and fluctuations in currency exchange rates can affect Software AG's international operations, potentially leading to lower revenues and profitability.
Software Eulerpool Fair Value
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Fair Value Estimate
ⓘWhat Is Fair Value?
Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.
Earnings-Based Fair Value
Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.
Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021
Revenue-Based Fair Value
Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"
Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021
Dividend-Based Fair Value
Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.
Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021
How to Use This Chart
When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.
Software historical P/E ratio, EBIT multiple, and P/S ratio
Software annual returns
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Annual Return
ⓘWhat This Chart Shows
This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.
Price Return
Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.
Dividend Return
Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.
What to Look For
Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.
Software shares outstanding
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Software Dividend History
23 years of dividend payments
Software dividend history and estimates
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Software dividend payout ratio
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EESG©
Eulerpool ESG Scorecard© for the Software stock
EEnvironment
20
Environment
SSocial
20
Social
GGovernance (Corporate Governance)
4
Governance (Corporate Governance)
The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.
Software shareholder structure
| % | Name |
|---|---|
0.27027% | |
0.22417% | |
0.04037% | |
0.03784% | |
0.02559% | |
0.01351% |
Software Executives and Management Board
12 members · avg. age 52 · 33 % women
Mr. Sanjay Brahmawar (53)
Chief Executive Officer, Member of the Management Board
1.77 M EUR
Management
Mr. Joshua Husk (49)
Chief Revenue Officer, Member of the Management Board
Dr. Stefan Sigg (58)
Member of the Management Board, Chief Product Officer
Dr. Benno Quade (46)
Chief Operating Officer, Member of the Management Board
Ms. Daniela Buenger (49)
Chief Financial Officer, Member of the Management Board
Mr. Marc Schellenberger
Senior Investor Relations Manager · since 2023
Board of Directors
Ms. Madlen Ehrlich (42)
Deputy Chairman of the Supervisory Board, Employee Representative · since 2021
Ms. Ursula Soritsch-Renier (56)
Independent Member of the Supervisory Board
Ms. Bettina Schraudolf (63)
Member of the Supervisory Board, Employee Representative
Mr. Oliver Collmann (44)
Independent Member of the Supervisory Board
Mr. Christian Lucas (54)
Independent Chairman of the Supervisory Board · since 2022
Mr. James Whitehurst (56)
Independent Member of the Supervisory Board
Frequently asked questions about Software
The business model of Software AG is centered around providing software solutions and services to help organizations digitalize their operations. With a strong focus on integration, the company offers a wide range of enterprise software products, including integration platforms, API management, business process management, analytics, and IoT solutions. Software AG's portfolio aims to enable businesses to leverage their existing IT infrastructure while incorporating new technologies to drive innovation, improve operational efficiency, and enhance customer experiences. By offering comprehensive software solutions and expertise, Software AG empowers businesses to navigate the complexities of digital transformation and stay competitive in their respective industries.
Software AG is primarily active in the software industry, offering a range of innovative solutions for businesses in various sectors. As a leading provider of enterprise software, Software AG caters to industries such as banking, insurance, manufacturing, telecommunications, healthcare, and government. With its expertise in digital transformation, integration, and IoT technology, Software AG enables organizations to optimize their operations, improve customer experiences, and drive business growth.
The main competitors of Software AG in the market are Oracle Corporation, IBM Corporation, and Microsoft Corporation.
Software AG is a leading global software company with a rich history and impressive background. Founded in 1969 in Germany, Software AG has established itself as a trusted provider of innovative solutions for digital transformation. With a strong focus on enabling businesses to connect, integrate, and optimize their operations, Software AG offers a wide range of powerful software products. It has a global presence and serves customers across various industries, including financial services, manufacturing, and healthcare. Software AG's commitment to technological excellence, coupled with its customer-centric approach, has contributed to its success and recognition as a reliable partner for organizations seeking digital solutions.
Software AG, a renowned global software company, has achieved significant milestones throughout its journey. Over the years, the company has showcased remarkable accomplishments. It pioneered the development of the world's first high-performance database management system (DBMS), ADABAS. Additionally, Software AG introduced the innovative integration platform, webMethods, empowering businesses with seamless connectivity and digital transformation capabilities. With a commitment to innovation, the company expanded its portfolio to include advanced analytics and IoT solutions. Remaining at the forefront of technological advancements, Software AG has consistently delivered cutting-edge software solutions to address the evolving needs of organizations worldwide.
Software AG is primarily present in countries and regions across the globe. With a widespread presence, the company has established its operations in various key markets. These include the United States, Germany, the United Kingdom, France, Japan, Australia, and many more. Operating on a global scale, Software AG has built a strong international footprint to cater to its diverse customer base. By having a widespread presence, Software AG is able to serve clients from different parts of the world, ensuring a comprehensive reach and effective solutions for their software needs.
Software AG is a leading global provider of software solutions. Its values revolve around innovation, customer-centricity, and integrity. With a strong focus on digital transformation and business process excellence, Software AG helps organizations optimize their operations and drive growth. The company's corporate philosophy emphasizes collaboration, transparency, and long-term partnerships with customers and partners. Software AG aims to empower businesses with cutting-edge technologies and enable them to adapt to evolving market needs efficiently. With its commitment to customer success and continuous improvement, Software AG is dedicated to delivering exceptional value and sustainable growth for its stakeholders.
14 analysts currently rate the Software stock: 0 recommend buying, 7 holding and 7 selling.
The Software share (SOW.HM) is listed on 9 stock exchanges, including: XETRA (SOW.DE), Frankfurt (SOW.F), München (SOW.MU), Düsseldorf (SOW.DU), Hamburg (SOW.HM), London (0RUL.L), SIX (Zürich) (SOW.SW), Wien (SOW.VI).
The Software AG is an internationally active company specializing in the development and distribution of software products and services in the field of business digitization. The company was founded in 1969 in Darmstadt and is headquartered in Germany. With more than 4,700 employees in over 70 countries, Software AG is one of the largest software companies worldwide. The core business of Software AG includes three main divisions: Integration, IoT, and Analytics. In the Integration area, the company offers solutions that connect various software systems. WebMethods Integration Platform is one of the most widely used solutions by Software AG and is used by companies in various industries. The IoT division specializes in developing solutions for the Internet of Things (IoT), focusing on connecting machines, devices, and sensors of all kinds. Software AG provides the Cumulocity IoT platform to support companies in implementing IoT projects. The Analytics division focuses on data processing and analysis. The Apama Analytics platform enables companies to perform real-time data analysis and make decisions based on these analyses. Another important area of Software AG's business is cloud and service offerings. The company provides various products and services that help companies migrate their IT infrastructure to the cloud and benefit from the advantages of a modern, flexible IT system. One example is the "Cloud Integration" product, which allows companies to securely and reliably migrate their IT systems to the cloud. Within the context of business digitization, the automation of business processes also plays a crucial role. Software AG offers various products that allow companies to digitize and automate their processes. The "Process Live" process automation platform enables companies to automate their business processes without programming knowledge. In addition to the mentioned products and solutions, Software AG also offers a wide range of services related to the integration, analysis, and optimization of IT systems. This includes consulting and support for software system integration and process optimization. Overall, Software AG's business model can be considered mature and future-proof. The company relies on innovative solutions and products that help companies digitize and optimize their business processes. Software AG serves a wide range of industries and markets worldwide, putting it in a strong position to benefit from the growing importance of digitization. Output: The Software AG is an internationally active company specializing in software development and distribution for business digitization. It offers integration, IoT, and analytics solutions, as well as cloud and service offerings. The company focuses on innovative products and services that help digitize and optimize business processes. It serves various industries and markets worldwide, positioning itself well to benefit from the growing importance of digitization.
The expected revenue of Software is 1.14 B EUR. This figure is based on current financial data and reflects the company's business performance.
The profit cannot currently be calculated for Software.
The P/E ratio cannot be calculated for Software at the moment.
The price-to-sales ratio (P/S) of Software is currently 2.43. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Software stock.
The Eulerpool Quality Score for Software is 3/10.
The ISIN of Software is DE000A2GS401. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.
The WKN of Software is A2GS40. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.
The ticker of Software is SOW.HM. The ticker symbol is used to trade Software shares on the stock exchange.
Over the past 12 months, Software paid a dividend of 0.05 EUR . This corresponds to a dividend yield of about 0.13 %. For the coming 12 months, Software is expected to pay a dividend of 0.10 EUR.
The current dividend yield of Software is 0.13 %.
Software pays a dividend, distributed in the months of , , , .
Software paid dividends every year for the past 0 years.
For the upcoming 12 months, dividends amounting to 0.10 EUR are expected. This corresponds to a dividend yield of 0.27 %.
Software is assigned to the 'Information technology' sector.
To receive the latest dividend of Software from amounting to 0.05 EUR, you needed to have the stock in your portfolio before the ex-date on .
The last dividend was paid out on .
In the year 2025, Software distributed 0.1 EUR as dividends.
The dividends of Software are distributed in EUR.
Software stock
Software Peer Group
Software Ticker
Software FIGI
All fundamentals and in-depth analysis of Software
Our stock analysis for Software stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Software. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.