ADOBE INC (1ADBE.MI) Fundamental Analysis & Valuation
BIT:1ADBE • US00724F1012
Current stock price
209.25 EUR
-1.55 (-0.74%)
Last:
This 1ADBE.MI fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
1. 1ADBE.MI Profitability Analysis
1.1 Basic Checks
- In the past year 1ADBE was profitable.
- 1ADBE had a positive operating cash flow in the past year.
- 1ADBE had positive earnings in each of the past 5 years.
- In the past 5 years 1ADBE always reported a positive cash flow from operatings.
1.2 Ratios
- 1ADBE's Return On Assets of 24.27% is amongst the best of the industry. 1ADBE outperforms 96.46% of its industry peers.
- 1ADBE's Return On Equity of 63.05% is amongst the best of the industry. 1ADBE outperforms 96.46% of its industry peers.
- The Return On Invested Capital of 1ADBE (39.60%) is better than 98.23% of its industry peers.
- 1ADBE had an Average Return On Invested Capital over the past 3 years of 31.10%. This is significantly above the industry average of 13.19%.
- The 3 year average ROIC (31.10%) for 1ADBE is below the current ROIC(39.60%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 24.27% | ||
| ROE | 63.05% | ||
| ROIC | 39.6% |
ROA(3y)20.26%
ROA(5y)19.2%
ROE(3y)44.54%
ROE(5y)40.01%
ROIC(3y)31.1%
ROIC(5y)28.47%
1.3 Margins
- The Profit Margin of 1ADBE (29.48%) is better than 92.92% of its industry peers.
- 1ADBE's Profit Margin has declined in the last couple of years.
- With an excellent Operating Margin value of 36.65%, 1ADBE belongs to the best of the industry, outperforming 95.58% of the companies in the same industry.
- In the last couple of years the Operating Margin of 1ADBE has remained more or less at the same level.
- The Gross Margin of 1ADBE (89.40%) is better than 86.73% of its industry peers.
- In the last couple of years the Gross Margin of 1ADBE has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 36.65% | ||
| PM (TTM) | 29.48% | ||
| GM | 89.4% |
OM growth 3Y1.88%
OM growth 5Y1.28%
PM growth 3Y3.55%
PM growth 5Y-6%
GM growth 3Y0.59%
GM growth 5Y0.6%
2. 1ADBE.MI Health Analysis
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so 1ADBE is creating value.
- The number of shares outstanding for 1ADBE has been reduced compared to 1 year ago.
- 1ADBE has less shares outstanding than it did 5 years ago.
- 1ADBE has a worse debt/assets ratio than last year.
2.2 Solvency
- An Altman-Z score of 7.23 indicates that 1ADBE is not in any danger for bankruptcy at the moment.
- Looking at the Altman-Z score, with a value of 7.23, 1ADBE belongs to the top of the industry, outperforming 86.73% of the companies in the same industry.
- The Debt to FCF ratio of 1ADBE is 0.60, which is an excellent value as it means it would take 1ADBE, only 0.60 years of fcf income to pay off all of its debts.
- The Debt to FCF ratio of 1ADBE (0.60) is better than 84.07% of its industry peers.
- A Debt/Equity ratio of 0.47 indicates that 1ADBE is not too dependend on debt financing.
- Looking at the Debt to Equity ratio, with a value of 0.47, 1ADBE is doing worse than 65.49% of the companies in the same industry.
- Although 1ADBE's pure debt/equity ratio does not look good, it has limited outstanding debt compared to the Free Cash Flow. We will not put too much weight on the debt/equity number as it may be because of low equity, which could be a consequence of a share buyback program for instance. This needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.47 | ||
| Debt/FCF | 0.6 | ||
| Altman-Z | 7.23 |
ROIC/WACC3.62
WACC10.93%
2.3 Liquidity
- 1ADBE has a Current Ratio of 0.91. This is a bad value and indicates that 1ADBE is not financially healthy enough and could expect problems in meeting its short term obligations.
- The Current ratio of 1ADBE (0.91) is worse than 76.99% of its industry peers.
- A Quick Ratio of 0.91 indicates that 1ADBE may have some problems paying its short term obligations.
- With a Quick ratio value of 0.91, 1ADBE is not doing good in the industry: 76.11% of the companies in the same industry are doing better.
- The current and quick ratio evaluation for 1ADBE is rather negative, while it does have excellent solvency and profitability. These ratios do not necessarly indicate liquidity issues and need to be evaluated against the specifics of the business.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.91 | ||
| Quick Ratio | 0.91 |
3. 1ADBE.MI Growth Analysis
3.1 Past
- 1ADBE shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 15.30%, which is quite good.
- 1ADBE shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 15.87% yearly.
- The Revenue has grown by 10.96% in the past year. This is quite good.
- The Revenue has been growing by 13.06% on average over the past years. This is quite good.
EPS 1Y (TTM)15.3%
EPS 3Y15.15%
EPS 5Y15.87%
EPS Q2Q%19.29%
Revenue 1Y (TTM)10.96%
Revenue growth 3Y10.52%
Revenue growth 5Y13.06%
Sales Q2Q%11.97%
3.2 Future
- Based on estimates for the next years, 1ADBE will show a quite strong growth in Earnings Per Share. The EPS will grow by 9.91% on average per year.
- The Revenue is expected to grow by 8.02% on average over the next years. This is quite good.
EPS Next Y14.39%
EPS Next 2Y13.62%
EPS Next 3Y12.09%
EPS Next 5Y9.91%
Revenue Next Year9.98%
Revenue Next 2Y9.39%
Revenue Next 3Y9.13%
Revenue Next 5Y8.02%
3.3 Evolution
- When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. 1ADBE.MI Valuation Analysis
4.1 Price/Earnings Ratio
- A Price/Earnings ratio of 11.00 indicates a reasonable valuation of 1ADBE.
- 1ADBE's Price/Earnings ratio is rather cheap when compared to the industry. 1ADBE is cheaper than 92.92% of the companies in the same industry.
- 1ADBE is valuated cheaply when we compare the Price/Earnings ratio to 25.60, which is the current average of the S&P500 Index.
- A Price/Forward Earnings ratio of 8.92 indicates a reasonable valuation of 1ADBE.
- Based on the Price/Forward Earnings ratio, 1ADBE is valued cheaply inside the industry as 92.92% of the companies are valued more expensively.
- 1ADBE's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 22.84.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11 | ||
| Fwd PE | 8.92 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, 1ADBE is valued a bit cheaper than the industry average as 77.88% of the companies are valued more expensively.
- Based on the Price/Free Cash Flow ratio, 1ADBE is valued cheaper than 90.27% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.53 | ||
| EV/EBITDA | 9.97 |
4.3 Compensation for Growth
- The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
- 1ADBE has an outstanding profitability rating, which may justify a higher PE ratio.
- A more expensive valuation may be justified as 1ADBE's earnings are expected to grow with 12.09% in the coming years.
PEG (NY)0.76
PEG (5Y)0.69
EPS Next 2Y13.62%
EPS Next 3Y12.09%
5. 1ADBE.MI Dividend Analysis
5.1 Amount
- No dividends for 1ADBE!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
1ADBE.MI Fundamentals: All Metrics, Ratios and Statistics
BIT:1ADBE (4/2/2026, 7:00:00 PM)
209.25
-1.55 (-0.74%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)03-12 2026-03-12/amc
Earnings (Next)06-10 2026-06-10/amc
Inst Owners86.91%
Inst Owner ChangeN/A
Ins Owners0.19%
Ins Owner ChangeN/A
Market Cap85.30B
Revenue(TTM)24.45B
Net Income(TTM)7.21B
Analysts72.44
Price Target358.89 (71.51%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)0.56%
Min EPS beat(2)-0.04%
Max EPS beat(2)1.17%
EPS beat(4)2
Avg EPS beat(4)0.4%
Min EPS beat(4)-0.06%
Max EPS beat(4)1.17%
EPS beat(8)6
Avg EPS beat(8)0.46%
EPS beat(12)10
Avg EPS beat(12)0.6%
EPS beat(16)12
Avg EPS beat(16)0.52%
Revenue beat(2)0
Avg Revenue beat(2)-0.32%
Min Revenue beat(2)-0.59%
Max Revenue beat(2)-0.05%
Revenue beat(4)0
Avg Revenue beat(4)-0.45%
Min Revenue beat(4)-0.6%
Max Revenue beat(4)-0.05%
Revenue beat(8)0
Avg Revenue beat(8)-0.81%
Revenue beat(12)0
Avg Revenue beat(12)-0.99%
Revenue beat(16)0
Avg Revenue beat(16)-1.13%
PT rev (1m)0%
PT rev (3m)-5.6%
EPS NQ rev (1m)2.7%
EPS NQ rev (3m)2.6%
EPS NY rev (1m)0%
EPS NY rev (3m)0.01%
Revenue NQ rev (1m)0.5%
Revenue NQ rev (3m)0.47%
Revenue NY rev (1m)0.08%
Revenue NY rev (3m)0.08%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11 | ||
| Fwd PE | 8.92 | ||
| P/S | 4.02 | ||
| P/FCF | 9.53 | ||
| P/OCF | 9.36 | ||
| P/B | 8.6 | ||
| P/tB | N/A | ||
| EV/EBITDA | 9.97 |
EPS(TTM)19.03
EY9.09%
EPS(NY)23.47
Fwd EY11.22%
FCF(TTM)21.96
FCFY10.49%
OCF(TTM)22.36
OCFY10.69%
SpS52.05
BVpS24.34
TBVpS-4.02
PEG (NY)0.76
PEG (5Y)0.69
Graham Number102.08
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 24.27% | ||
| ROE | 63.05% | ||
| ROCE | 48.93% | ||
| ROIC | 39.6% | ||
| ROICexc | 63.48% | ||
| ROICexgc | N/A | ||
| OM | 36.65% | ||
| PM (TTM) | 29.48% | ||
| GM | 89.4% | ||
| FCFM | 42.19% |
ROA(3y)20.26%
ROA(5y)19.2%
ROE(3y)44.54%
ROE(5y)40.01%
ROIC(3y)31.1%
ROIC(5y)28.47%
ROICexc(3y)49.26%
ROICexc(5y)43.65%
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)38.43%
ROCE(5y)35.18%
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3Y13.31%
ROICexc growth 5Y14.65%
OM growth 3Y1.88%
OM growth 5Y1.28%
PM growth 3Y3.55%
PM growth 5Y-6%
GM growth 3Y0.59%
GM growth 5Y0.6%
F-Score8
Asset Turnover0.82
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.47 | ||
| Debt/FCF | 0.6 | ||
| Debt/EBITDA | 0.55 | ||
| Cap/Depr | 24.52% | ||
| Cap/Sales | 0.78% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 107.92% | ||
| Profit Quality | 143.13% | ||
| Current Ratio | 0.91 | ||
| Quick Ratio | 0.91 | ||
| Altman-Z | 7.23 |
F-Score8
WACC10.93%
ROIC/WACC3.62
Cap/Depr(3y)28.17%
Cap/Depr(5y)36.06%
Cap/Sales(3y)1.15%
Cap/Sales(5y)1.63%
Profit Quality(3y)135.89%
Profit Quality(5y)141.18%
High Growth Momentum
Growth
EPS 1Y (TTM)15.3%
EPS 3Y15.15%
EPS 5Y15.87%
EPS Q2Q%19.29%
EPS Next Y14.39%
EPS Next 2Y13.62%
EPS Next 3Y12.09%
EPS Next 5Y9.91%
Revenue 1Y (TTM)10.96%
Revenue growth 3Y10.52%
Revenue growth 5Y13.06%
Sales Q2Q%11.97%
Revenue Next Year9.98%
Revenue Next 2Y9.39%
Revenue Next 3Y9.13%
Revenue Next 5Y8.02%
EBIT growth 1Y12.05%
EBIT growth 3Y12.6%
EBIT growth 5Y14.5%
EBIT Next Year13.1%
EBIT Next 3Y8.83%
EBIT Next 5Y9.3%
FCF growth 1Y59.04%
FCF growth 3Y10.03%
FCF growth 5Y13.17%
OCF growth 1Y54.9%
OCF growth 3Y8.57%
OCF growth 5Y11.86%
ADOBE INC / 1ADBE.MI Fundamental Analysis FAQ
What is the ChartMill fundamental rating of ADOBE INC (1ADBE.MI) stock?
ChartMill assigns a fundamental rating of 7 / 10 to 1ADBE.MI.
What is the valuation status of ADOBE INC (1ADBE.MI) stock?
ChartMill assigns a valuation rating of 9 / 10 to ADOBE INC (1ADBE.MI). This can be considered as Undervalued.
Can you provide the profitability details for ADOBE INC?
ADOBE INC (1ADBE.MI) has a profitability rating of 9 / 10.
How financially healthy is ADOBE INC?
The financial health rating of ADOBE INC (1ADBE.MI) is 7 / 10.
What is the earnings growth outlook for ADOBE INC?
The Earnings per Share (EPS) of ADOBE INC (1ADBE.MI) is expected to grow by 14.39% in the next year.