GTM vs SAP vs FRSH Stock Comparison

ZoomInfo Technologies, Sap Se and Freshworks Prices as of Nov 4, 2026 Peers: Industry group
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SAP Sap Se
$240.05 +15.5% 1M -7.5% 1Y
Market cap
$294.90B
P/E
29.4x
Revenue (TTM)
$45.76B
Div. yield
1.22%
ERP Software Technology
4 wins
FRSH Freshworks Inc.
$13.26 +0.3% 1M +21.4% 1Y
Market cap
$3.47B
P/E
16.7x
Revenue (TTM)
$934.18M
Div. yield
–
CRM and Sales Software Technology
5 wins

Head to Head

11 decided of 12

Freshworks leads on 5 of the 12 questions below (Freshworks 5, Sap Se 4, ZoomInfo Technologies 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionGTMSAPFRSHLeader
Larger companyMarket capitalisation $1.24B $294.90B $3.47B SAP
Cheaper on earningsLower P/E, profitable companies only -2.2x 29.4x 16.7x FRSH
Cheaper on forward earningsLower price / next fiscal year consensus EPS 3.6x 28.2x 19.2x GTM
Faster revenue growthRevenue growth, trailing twelve months +0.7% +13.5% +15.2% FRSH
More profitableNet margin, trailing twelve months -46.3% 20.8% 22.3% FRSH
Better return on capitalReturn on invested capital -23.3% 35.6% — SAP
Less leveragedLower net debt / EBITDA -3.6x -0.4x — GTM
Higher dividend yieldTrailing dividend yield — 1.22% — –
Better 1-year returnPrice return, last 12 months -63.6% -7.5% +21.4% FRSH
Better 5-year returnAnnualised price return, 5 years -43.5%/yr +9.9%/yr -19.1%/yr SAP
Less volatileAnnualised volatility, 1 year 71.6% 39.3% 51.1% SAP
Higher overall scoreMean of the five percentile scores vs peers 47/100 62/100 79/100 FRSH

Percentile Scorecard

GTMSAPFRSH

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisGTMSAPFRSH
Valuation 81 #20 of 99 49 #51 of 99 78 #23 of 99
Growth 2 #96 of 98 64 #36 of 98 93 #8 of 98
Profitability 34 #64 of 96 92 #9 of 96 79 #21 of 96
Financial Health 21 #88 of 111 78 #25 of 111 76 #28 of 111
Shareholder Returns 96 #4 of 67 27 #49 of 67 70 #21 of 67
Overall 47 62 79
  • GTM ranked among 113 companies in Business Applications
  • SAP ranked among 113 companies in Business Applications
  • FRSH ranked among 113 companies in Business Applications

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodGTMSAPFRSHSPY
1 month +13.6%+15.5%+0.3% -1.0%
3 months +16.4%+21.7%+15.1% -0.4%
6 months -34.5%+38.7%+49.2% +4.5%
Year to date -58.1%-1.2%+8.2% +12.4%
1 year -63.6%-7.5%+21.4% +13.6%
3 years -68.7%+72.7%-30.2% +76.4%
3 years, per year -32.2%+20.0%-11.3% +20.8%
5 years -94.2%+60.5%-65.4% +63.7%
5 years, per year -43.5%+9.9%-19.1% +10.4%
10 years —+181.3%— +267.7%
10 years, per year —+10.9%— +13.9%

Risk

MeasureGTMSAPFRSHSPY
Volatility, 1Y 71.6%39.3%51.1% 12.8%
Downside volatility, 1Y 84.1%40.3%54.6% 12.7%
Beta vs S&P 500, 1Y 0.950.640.53 1.00
Return / volatility, 1Y -0.89-0.190.42 1.06
Max drawdown, 5Y -96.6%-53.2%-83.1% -25.4%
From 52-week high -63.6%-8.0%-14.4% -1.6%
52-week high $11.69$261.06$15.49 $779.14
52-week low $2.61$146.09$6.88 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleGTMSAPFRSH
P/E now vs peer median -2.2xmedian 25.3x 29.4xmedian 25.3x 16.7xmedian 25.3x
P/S now vs peer median 1.0xmedian 2.8x 6.4xmedian 2.8x 3.7xmedian 2.8x
EV/EBITDA now vs peer median -7.7xmedian 16.5x 12.1xmedian 16.5x 20.9xmedian 16.5x
P/FCF now vs peer median 3.9xmedian 16.1x 27.8xmedian 16.1x 14.1xmedian 16.1x
P/B now vs peer median 1.5xmedian 2.8x 5.6xmedian 2.8x 3.8xmedian 2.8x
PEG now vs peer median 0.02median 0.84 1.83median 0.84 0.33median 0.84

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsGTMSAPFRSH
Revenue $1.25B $45.76B $934.18M
Gross profit $1.04B $33.40B $795.23M
Operating income -$486.30M $22.06B $65.96M
Net income -$577.50M $9.47B $208.17M
Free cash flow $321.20M $10.59B $246.94M
R&D $194.60M $8.26B $179.59M
EPS (diluted) $-1.97 $8.11 $0.78
Cash & equivalents $139.50M $10.62B $466.65M
Total debt $1.23B $9.68B –
Shares (diluted) 292.91M 1.18B 266.40M
Enterprise value $598.69M $222.88B $550.30M

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricGTMSAPFRSH
P/E -2.2x 29.4x 16.7x
P/FCF 3.9x 27.8x 14.1x
P/Operating cash flow 3.2x 25.7x 13.3x
P/S 1.0x 6.4x 3.7x
P/B 1.5x 5.6x 3.8x
P/Tangible book 1.9x 6.0x 4.2x
EV/EBITDA -7.7x 12.1x 20.9x
EV/EBIT -4.8x 12.9x 42.1x
EV/Revenue 1.9x 6.2x 3.0x
EV/FCF 7.3x 26.9x 11.2x
EV/Operating cash flow 5.9x 24.8x 10.6x
PEG (3Y EPS CAGR) 0.02 1.83 0.33

Growth

14 metrics
MetricGTMSAPFRSH
Revenue growth (1Y) 0.7% 13.5% 15.2%
Revenue CAGR (3Y) 0.6% 11.7% 17.9%
Gross profit growth (1Y) 0.3% 12.6% 15.7%
Gross profit CAGR (3Y) 0.0% 12.1% 19.3%
Operating income growth (1Y) -340.3% 30.9% 231.1%
Operating income CAGR (3Y) -59.0% 52.1% 32.9%
Net income growth (1Y) -654.8% 18.5% 802.7%
Net income CAGR (3Y) -84.2% 16.4% 48.3%
EPS growth (1Y) -700.3% 22.0% 854.9%
EPS CAGR (3Y) -98.0% 16.0% 50.3%
Operating cash flow growth (1Y) -8.8% 43.3% 17.9%
Operating cash flow CAGR (3Y) -2.7% 19.0% 61.0%
Free cash flow growth (1Y) -7.6% 46.4% 16.0%
Free cash flow CAGR (3Y) -7.2% 21.7% 60.6%

Profitability

14 metrics
MetricGTMSAPFRSH
Gross margin 83.4% 73.0% 85.1%
EBITDA margin -24.3% 51.5% 14.2%
Operating margin -39.0% 48.2% 7.1%
Pretax margin -41.9% 29.2% 8.9%
Net margin -46.3% 20.8% 22.3%
FCF margin 25.7% 23.1% 26.4%
Operating cash flow margin 31.5% 25.1% 27.9%
Return on equity -68.7% 18.5% 23.0%
Return on assets -10.2% 11.2% 13.9%
Return on invested capital -23.3% 35.6% –
Return on capital employed -9.6% 34.0% 6.8%
Asset turnover 0.2x 0.5x 0.6x
Cash conversion (OCF / net income) -0.7x 1.2x 1.3x
Stock comp / revenue 8.8% 3.9% 12.6%

Financial Health

11 metrics
MetricGTMSAPFRSH
Debt / assets 21.7% 11.2% –
Debt / equity 1.4x 0.2x –
Net debt / EBITDA -3.6x -0.4x –
Debt / FCF 3.8x 0.9x –
Liabilities / assets 85.0% 39.1% 38.9%
Equity / assets 15.0% 60.9% 61.1%
Interest coverage -9.0x 8.3x –
Current ratio 0.7x 1.2x 1.8x
Quick ratio 0.5x 0.9x 1.6x
Cash ratio 0.2x 0.9x 1.3x
Altman Z-score 0.00 7.57 1.36

Shareholder Returns

7 metrics
MetricGTMSAPFRSH
Dividend yield – 1.2% –
Net buyback yield 16.9% -0.1% 6.6%
Shareholder yield 16.9% 1.1% 6.6%
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusGTMSAPFRSH
Forward P/E 3.6xFY2026 28.2xFY2026 19.2xFY2026
EPS, next fiscal year $1.17FY2026 $8.52FY2026 $0.69FY2026
EPS growth, next FY +7.3%FY2026 +16.1%FY2026 +4.5%FY2026
EPS growth, the year after -10.3% +4.9% +23.2%
Revenue, next fiscal year $1.24BFY2026 $42.86BFY2026 $1.01BFY2026
Revenue growth, next FY -1.2%FY2026 -2.4%FY2026 +20.3%FY2026
Revenue growth, the year after -8.1% +14.3% +15.4%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersGTMSAPFRSH
Held by institutions 89.4% 7.2% 87.8%
Institutions holding 329 816 341
Change in shares held, QoQ -7.7% -3.0% +0.7%
Institutions buying 191 458 217
Institutions selling 103 243 74
Buyers to sellers 1.85 1.88 2.93

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

GTMSAPFRSH
GTM 1.00 0.50 0.52
SAP 0.50 1.00 0.62
FRSH 0.52 0.62 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, GTM, SAP and FRSH?

Sap Se (SAP) is the largest by market capitalisation: ZoomInfo Technologies (GTM) $1.24B, Sap Se (SAP) $294.90B, Freshworks (FRSH) $3.47B.

Which stock is cheaper, GTM, SAP and FRSH?

Freshworks (FRSH) trades on the lowest price-to-earnings ratio (ZoomInfo Technologies (GTM) -2.2x, Sap Se (SAP) 29.4x, Freshworks (FRSH) 16.7x). On next year's consensus earnings, ZoomInfo Technologies (GTM) is cheapest (ZoomInfo Technologies (GTM) 3.6x, Sap Se (SAP) 28.2x, Freshworks (FRSH) 19.2x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Freshworks (FRSH) grew revenue fastest over the trailing twelve months: ZoomInfo Technologies (GTM) +0.7%, Sap Se (SAP) +13.5%, Freshworks (FRSH) +15.2%.

Which company is more profitable?

Freshworks (FRSH) has the highest net margin (ZoomInfo Technologies (GTM) -46.3%, Sap Se (SAP) 20.8%, Freshworks (FRSH) 22.3%). On return on invested capital, Sap Se (SAP) leads (ZoomInfo Technologies (GTM) -23.3%, Sap Se (SAP) 35.6%).

Which stock has performed better?

Over the past year Freshworks (FRSH) returned the most: ZoomInfo Technologies (GTM) -63.6%, Sap Se (SAP) -7.5%, Freshworks (FRSH) +21.4%. Over five years, Sap Se (SAP) compounded fastest (ZoomInfo Technologies (GTM) -43.5%/yr, Sap Se (SAP) +9.9%/yr, Freshworks (FRSH) -19.1%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Sap Se (SAP) 1.22%. ZoomInfo Technologies (GTM) and Freshworks (FRSH) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Sap Se (SAP) has been the steadiest (ZoomInfo Technologies (GTM) 71.6%, Sap Se (SAP) 39.3%, Freshworks (FRSH) 51.1%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, GTM, SAP and FRSH?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Freshworks (FRSH) leads on 5. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.