Is SAP (XTRA:SAP) Undervalued On Its Wipro And Aramco STO360 Launch?

Wipro’s launch of STO360 with Aramco, built on SAP’s Business Technology Platform and endorsed as an SAP app, puts SAP (XTRA:SAP) in focus for investors watching asset-intensive software demand. SAP’s tie up with Wipro and Aramco arrives after a busy run of AI and workforce updates. The current share price of €186.46 comes after a sharp 90 day share price return of 40.96%, alongside a year to date share price decline of 7.67%. The picture on longer term total shareholder returns is mixed,...