SAP vs Wolters Kluwer (SAP.DE vs WKL.AS)
SAP (SAP.DE) vs Wolters Kluwer (WKL.AS) in plain English: P/E, growth, margins, debt and dividend side by side, key differences and which fits each investor profile.
SAP (SAP.DE) and Wolters Kluwer (WKL.AS) compete in software and cloud. Here are SAP and Wolters Kluwer side by side with their real figures as of November 4, 2026: what sets them apart, which fits each kind of investor and the most common questions, without telling you whether to buy SAP or Wolters Kluwer.
SAP vs Wolters Kluwer: the figures
| Figure | SAP | Wolters Kluwer |
|---|---|---|
| Share price | €214.30 (November 4, 2026) | €91.16 (November 4, 2026) |
| Market cap | €247.3 billion | €20.3 billion |
| P/E (TTM) | 31.0x | 15.6x |
| Forward P/E | 25.3x | 14.7x |
| Revenue growth (quarter) | +13.2% | -0.6% |
| Net margin (TTM) | 20.4% | 21.9% |
| Net debt / EBITDA | Net cash | 2.1x |
| Dividend yield | 1.19% | 3.04% |
| Beta | 0.71 | 0.21 |
SAP and Wolters Kluwer figures from Yahoo Finance, the same source the Fintols analysis uses, retrieved on November 4, 2026; N/A means that SAP or Wolters Kluwer figure is not available, and we never estimate it.
3 key differences between SAP and Wolters Kluwer
- Valuation: SAP trades at 31.0x its annual earnings and Wolters Kluwer at 15.6x; the market pays more for each dollar of SAP profit, usually because it expects more growth.
- Growth: SAP grew sales +13.2% year on year in its latest quarter, against -0.6% for Wolters Kluwer.
- Size: SAP is worth €247.3 billion on the stock market, about 12.2 times Wolters Kluwer (€20.3 billion).
SAP or Wolters Kluwer: which fits your profile
- If you want growth: SAP is growing faster today, so it fits better with investors who put business growth first, usually accepting a higher P/E and a bumpier ride.
- If you want income (dividends): Wolters Kluwer pays the higher dividend relative to its price.
- If you prefer caution: SAP has less debt relative to its profit, which usually gives more room in a bad year.
- If price is what matters most to you: Wolters Kluwer trades on the lower P/E; check first whether that is an opportunity or a sign of a business that grows less.
Neither SAP nor Wolters Kluwer wins on everything, and owning both is also an option: spreading money across several companies or an index fund reduces what rides on each one.
How SAP and Wolters Kluwer make money
SAP (SAP.DE)
SAP sells enterprise resource planning (ERP) software that runs companies' finance, procurement, HR and supply chains. It reports cloud revenue, now its largest and fastest-growing line, plus licenses and support for on-premise software and implementation services. Its customers are large and midsize businesses around the world. Full SAP analysis.
Wolters Kluwer (WKL.AS)
Wolters Kluwer sells subscription software and expert information to professionals. Its divisions include Health (UpToDate for clinicians), Tax & Accounting (CCH tax software for accountants), Financial & Corporate Compliance, Legal & Regulatory, and Corporate Performance & ESG. Most revenue is recurring and comes from North America and Europe. Full Wolters Kluwer analysis.
Frequently asked questions: SAP vs Wolters Kluwer
Is SAP or Wolters Kluwer the better stock?
Choosing between SAP and Wolters Kluwer depends on what you are looking for. SAP is growing faster right now, and Wolters Kluwer trades on the lower P/E. Fintols does not tell you whether to buy SAP or Wolters Kluwer: it shows you the differences so you can decide.
Which pays a higher dividend, SAP or Wolters Kluwer?
As of November 4, 2026, Wolters Kluwer yields 3.04% and SAP yields 1.19%. Also check how much of their profit SAP and Wolters Kluwer pay out: if it is more than they earn, it cannot last.
Which is more expensive, SAP or Wolters Kluwer?
On P/E, SAP (31.0x) is more expensive than Wolters Kluwer (15.6x) as of November 4, 2026. A higher P/E can be justified if earnings grow faster, so compare it with each company's growth in the table.
Can I own both SAP and Wolters Kluwer?
Yes. Many people spread their money across several companies, such as SAP and Wolters Kluwer, or use index funds so they do not depend on just one. If you are starting out, decide how much you want to invest and for how long before buying SAP or Wolters Kluwer.
More comparisons with SAP or Wolters Kluwer
More companies like SAP and Wolters Kluwer: software and cloud stocks. Educational content about SAP and Wolters Kluwer, not investment advice.