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    Software - Infrastructure
Software AG

Software AG

SWDAF
Software AGUS flagOther OTC
38.45
USD
+2.28
- -
3.01BMarket Cap
Software AG
SWDAF
(Other OTC)

Recent

price

38.45

P/E

ratio

- -

div

yld

- -

ROIC.AI

2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
TTM
FRC
8.4
9.85
13.15
12.74
12.07
11.62
10.83
11.13
11.44
11.78
11.7
12.04
11.28
11.27
13.16
13.52
13.52
Revenue per Share
1.35
1.64
2.06
2.05
1.9
1.6
1.39
1.78
1.84
1.88
2.23
2.09
1.29
1.13
0.37
-0.07
-0.07
Basic EPS, GAAP
1.5
2.16
2.53
2.14
1.97
1.89
1.67
2.21
2.51
2.2
2.5
2.17
1.39
1.42
0.07
-0.15
-0.15
Free Cash Flow per Basic Share
0.33
0.37
0.39
0.43
0.46
0.46
0.46
0.51
0.55
0.6
0.65
0.71
0.76
0.77
0.77
0.05
- -
Dividend per Share
6.53
7.79
9.55
11.07
12.43
14.03
15.76
14.36
16.06
16.79
17.24
18.6
19.14
19.51
19.15
19.02
19.02
Book Value per Share
-0.52
-3.2
-2.12
-0.57
1.03
-0.9
-0.3
0.41
1.45
0.87
1.86
3.52
3.59
4.93
-1.11
11.21
11.21
Tangible Book Value per Share
86
86
85
86
87
84
79
78
76
75
74
74
74
74
74
74
74
Basic Weighted Avg Shares
721
847
1,120
1,098
1,047
973
858
873
872
879
866
891
835
834
974
1,000
1,000
Sales/Revenue/Turnover
25.05
25.75
23.99
23.97
23.44
20.6
20.15
24.4
25.61
25.67
25.93
24.02
16.72
15.27
10.53
10.38
10.38
Operating Margin (%)
26
39
46
46
51
53
51
49
40
41
32
47
40
40
83
59
59
Depreciation Expense
116
141
176
177
165
134
110
139
140
140
165
155
96
84
28
-5
-5
Net Income, GAAP
33.96
31.32
30.95
28.64
28.86
29.47
30.2
30.38
31.19
35.23
27.82
27.8
28.06
28.4
63.68
117.39
117.39
Effective Tax Rate (%)
16.08
16.62
15.69
16.11
15.71
13.76
12.86
15.97
16.08
15.97
19.05
17.4
11.46
10.06
2.85
-0.52
-0.52
Profit Margin (%)
23
7
-92
193
274
236
220
145
174
68
237
308
366
384
327
1,068
1,068
Working Capital
- -
- -
- -
203
210
410
331
209
200
100
200
175
227
209
621
- -
- -
LT Debt
549
647
769
951
1,060
966
1,013
1,090
1,197
1,118
1,239
1,357
1,313
1,438
1,521
1,457
1,457
Total Equity
22.42
23.45
24.49
18.27
13.61
9.49
7.68
10.04
10.28
9.7
10.59
9.56
6.23
5.47
1.89
-0.98
-0.98
Return on Invested Capital (%)
22.39
22.48
25.3
18.97
13.28
8.65
7.04
9.36
10.19
9.37
10.65
9.77
5.95
5.12
1.81
-0.94
-0.94
Return on Capital (%)
22.41
22.88
23.68
20.03
16.19
11.88
9.11
11.75
11.93
11.33
13.04
11.69
6.86
5.87
1.94
-0.37
-0.37
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Jun'23
Sep'23
Dec'23
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
74
74
74
Market Capitalization
2,518
2,598
2,489

Working Capital

FRC

•

in mil. unless spec.
Jun'23
Sep'23
Dec'23
Total Current Assets
721
738
1,513
Cash, Cash Equivalents & STI
391
407
130
Accounts Receivable, Net
240
249
80
Inventories
- -
- -
- -
Total Current Liabilities
514
671
445
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
4.39%
3.47%
-4.26%
Free Cash Flow
-44.15%
-93%
-322.72%
Net Income, GAAP
-21.55%
-48.48%
-118.85%
Sales/Revenue/Turnover
0.51%
3.2%
2.74%
Total Cash Common Dividend
-5.25%
-15.38%
-93.48%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2021
183
218
198
235
834
2022
206
227
221
304
974
2023
211
248
229
313
1,000

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2021
0.14
- -
0.22
- -
1.13
2022
0.24
- -
-0.15
- -
0.37
2023
0.01
- -
0.22
- -
-0.07

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2021
0.01
- -
- -
- -
0.77
2022
0.01
- -
- -
- -
0.77
2023
- -
- -
- -
- -
0.05
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Business
Software AG Software GmbH (SWDAF), a Software GmbH brand, develops and provides enterprise software solutions focused on application modernization, high-performance database management, and business process intelligence; its core products include the Adabas high-performance transactional database management system for IBM z/OS, Linux, and cloud platforms with supporting tools such as Adabas Event Replicator, Adabas SQL Gateway, and Adabas Auditing; the Natural fourth-generation programming language for building mission-critical applications with features like NaturalONE DevOps environment, Natural for Ajax, and Natural Construct application generator; ARIS for cloud-native process modeling, mining, and lifecycle management; CONNX for data virtualization, access, and movement across diverse sources; and Entire Systems Management suite encompassing Entire Operations for production control, ESM Job Scheduling, and Entire Output Management. The company, founded in 1969 and headquartered in Darmstadt, Germany, operates globally with offices in over 70 countries, serving industries such as banking, manufacturing, government, retail, energy, insurance, and transportation through on-premises, cloud, and hybrid deployments. In recent developments, Silver Lake acquired controlling interest in 2023 for 2.4 billion euros and restructured the company into Software GmbH in 2024; Software AG divested webMethods, StreamSets, and TrendMiner to IBM in July 2024, sold Alfabet and Cumulocity in early 2025, and announced in November 2025 the launch of Adabas & Natural and ARIS as standalone businesses under new leadership including Martin Biegel, Martin Clemm, Robin Colman, and Toktam Khatibzadeh following the departure of former CEO Sanjay Brahmawar.