Substrate AI S.A. (MC:SAI) — Market Cap & Net Worth

$21.17 Million USD  · €18.11 Million EUR  · Rank #25014

Market Cap & Net Worth: Substrate AI S.A. (SAI)

Substrate AI S.A. (MC:SAI) has a market capitalization of $21.17 Million (€18.11 Million) as of September 19, 2026. Listed on the MC stock exchange, this Spain-based company holds position #25014 globally and #189 in its home market, demonstrating a -11.59% decrease in market value over the past year.

Market capitalization, also known as net worth in stock markets, is calculated by multiplying Substrate AI S.A.'s stock price €0.06 by its total outstanding shares 325077882 (325.08 Million). Also see Substrate AI S.A. asset portfolio for a full breakdown of the balance sheet.

Substrate AI S.A. Market Cap History: 2022 to 2026

Substrate AI S.A.'s market capitalization history from 2022 to 2026. Data shows change from $108.69 Million to $21.17 Million (-62.86% CAGR). Also see cash efficiency ratio of Substrate AI S.A. for how efficiently the company converts equity into cash flow.

Substrate AI S.A. Market Cap to Earnings & Revenue Ratios Timeline

This chart shows how Substrate AI S.A.'s valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance. Check SAI live share price for real-time trading data and today's change.

Latest Price to Sales (P/S) Ratio

1.49x

Substrate AI S.A.'s market cap is 1.49 times its annual revenue

Industry average: 17.55x Lower than industry average

Latest Price to Earnings (P/E) Ratio

N/A

P/E ratio not applicable due to negative or zero earnings

What These Ratios Tell Investors:

  • Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
  • Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
  • Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
  • Industry comparison provides context for whether the company is valued higher or lower than peers.
Year Market Cap (USD) Revenue (USD) Net Income (USD) P/S Ratio P/E Ratio
2022 $108.69 Million $3.14 Million $11.17K 34.66x 9730.92x
2023 $86.27 Million $8.61 Million -$8.73 Million 10.02x N/A
2024 $39.07 Million $17.52 Million $7.37 Million 2.23x 5.30x
2025 $26.83 Million $18.02 Million -$7.44 Million 1.49x N/A

Competitor Companies of SAI by Market Capitalization

Companies near Substrate AI S.A. in the global market cap rankings as of September 19, 2026. Review SAI tangible net assets ratio to assess the quality of the company's equity after excluding intangible assets.

Key companies related to Substrate AI S.A. by market ranking:

  • Microsoft Corporation (NASDAQ:MSFT): Ranked #3 globally with a market cap of $3.65 Trillion USD.
  • Oracle Corporation (NYSE:ORCL): Ranked #35 globally with a market cap of $433.10 Billion USD.
  • Palantir Technologies Inc. (NASDAQ:PLTR): Ranked #37 globally with a market cap of $405.48 Billion USD.
  • Palantir Technologies Inc. Class A Common Stock (NYSE:PLTR): Ranked #51 globally with a market cap of $324.25 Billion USD.
Market capitalization comparison (in billions USD)
Rank Company Symbol Market Cap Price
#3 Microsoft Corporation NASDAQ:MSFT $3.65 Trillion $497.75
#35 Oracle Corporation NYSE:ORCL $433.10 Billion $150.59
#37 Palantir Technologies Inc. NASDAQ:PLTR $405.48 Billion $176.24
#51 Palantir Technologies Inc. Class A Common Stock NYSE:PLTR $324.25 Billion $178.15

Substrate AI S.A. Historical Marketcap From 2022 to 2026

Between 2022 and today, Substrate AI S.A.'s market cap moved from $108.69 Million to $ 21.17 Million, with a yearly change of -62.86%.

Year Market Cap Change (%)
2026 €21.17 Million -21.10%
2025 €26.83 Million -31.32%
2024 €39.07 Million -54.71%
2023 €86.27 Million -20.63%
2022 €108.69 Million --

End of Day Market Cap According to Different Sources

On Sep 18th, 2026 the market cap of Substrate AI S.A. was reported to be:

Source Market Cap
Yahoo Finance $21.17 Million USD
MoneyControl $21.17 Million USD
MarketWatch $21.17 Million USD
marketcap.company $21.17 Million USD
Reuters $21.17 Million USD

Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.

About Substrate AI S.A.

MC:SAI Spain Software - Infrastructure
Market Cap
$21.17 Million
€18.11 Million EUR
Market Cap Rank
#25014 Global
#189 in Spain
Share Price
€0.06
Change (1 day)
-6.39%
52-Week Range
€0.02 - €0.11
All Time High
€4.10
About

Substrate Artificial Inteligence, S.A., together with its subsidiaries, engages in the creation and development of artificial intelligence systems in Spain, the United Kingdom, the United States, Switzerland, and internationally. It is involved in the customization of computer programs, including configuration and modification of existing programs; computer programming activities, such as design … Read more