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The week's question
In March 2025, in the thread "Re: OT, out", Umm asked the members: "Do you think it is because America is made up of magical soil that makes businesses based in America magically profitable?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Author: mungofitch ✹✺ SILVER
SHREWD
  😊 😞

Number: of 86278 
Subject: Re: SAP SE
Date: 04/09/26 10:27 AM
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No. of Recommendations: 3
146 and change, down another 4.6% just today. Whee!
...
I have a small position, though obviously it's not doing me much good yet.


Another update...
Down to 139.17. Hitting fresh 52 week lows, down 49% from the 52 week high, and about at levels last seen at the start of 2024. I added a bit today. Still not doing me any good yet, of course : )

For whatever it's worth (not much), Value Line's 3-5 year target is, when converted to euros, 180 - 240, implying central estimate low double digit annualized price return plus dividends around 1.75%/year. That target does assume a healthy ending P/E of 22, which is actually about the low end of annual average multiples in the last decade.

Jim

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This community has written 589 posts about Non-US Stocks. The article-length ones it recommended most:
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