ADOBE INC (1ADBE.MI) Fundamental Analysis & Valuation
BIT:1ADBE • US00724F1012
Current stock price
195.84 EUR
-13.41 (-6.41%)
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
- 1ADBE had positive earnings in the past year.
- In the past year 1ADBE had a positive cash flow from operations.
- Each year in the past 5 years 1ADBE has been profitable.
- 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 96.36% of its industry peers.
- Looking at the Return On Equity, with a value of 63.05%, 1ADBE belongs to the top of the industry, outperforming 97.27% of the companies in the same industry.
- 1ADBE has a better Return On Invested Capital (39.60%) than 98.18% 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 13.72%.
- The last Return On Invested Capital (39.60%) for 1ADBE is above the 3 year average (31.10%), which is a sign of increasing profitability.
| 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
- With an excellent Profit Margin value of 29.48%, 1ADBE belongs to the best of the industry, outperforming 92.73% of the companies in the same industry.
- In the last couple of years the Profit Margin of 1ADBE has declined.
- The Operating Margin of 1ADBE (36.65%) is better than 95.45% of its industry peers.
- In the last couple of years the Operating Margin of 1ADBE has remained more or less at the same level.
- 1ADBE's Gross Margin of 89.40% is amongst the best of the industry. 1ADBE outperforms 87.27% of its industry peers.
- 1ADBE's Gross Margin has been stable in the last couple of years.
| 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.
- 1ADBE has less shares outstanding than it did 1 year ago.
- 1ADBE has less shares outstanding than it did 5 years ago.
- The debt/assets ratio for 1ADBE is higher compared to a year ago.
2.2 Solvency
- An Altman-Z score of 7.06 indicates that 1ADBE is not in any danger for bankruptcy at the moment.
- The Altman-Z score of 1ADBE (7.06) is better than 85.45% of its industry peers.
- 1ADBE has a debt to FCF ratio of 0.60. This is a very positive value and a sign of high solvency as it would only need 0.60 years to pay back of all of its debts.
- Looking at the Debt to FCF ratio, with a value of 0.60, 1ADBE belongs to the top of the industry, outperforming 87.27% of the companies in the same industry.
- 1ADBE has a Debt/Equity ratio of 0.47. This is a healthy value indicating a solid balance between debt and equity.
- The Debt to Equity ratio of 1ADBE (0.47) is worse than 63.64% of its industry peers.
- Even though the debt/equity ratio score it not favorable for 1ADBE, it has very limited outstanding debt, so we won't put too much weight on the DE evaluation.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.47 | ||
| Debt/FCF | 0.6 | ||
| Altman-Z | 7.06 |
ROIC/WACC3.65
WACC10.85%
2.3 Liquidity
- A Current Ratio of 0.91 indicates that 1ADBE may have some problems paying its short term obligations.
- 1ADBE's Current ratio of 0.91 is on the low side compared to the rest of the industry. 1ADBE is outperformed by 77.27% of its industry peers.
- 1ADBE has a Quick 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 Quick ratio of 1ADBE (0.91) is worse than 75.45% of its industry peers.
- 1ADBE does not score too well on the current and quick ratio evaluation. However, as it has 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
- The Earnings Per Share has grown by an nice 15.30% over the past year.
- The Earnings Per Share has been growing by 15.87% on average over the past years. This is quite good.
- 1ADBE shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 10.96%.
- 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
- 1ADBE is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 9.91% yearly.
- 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
- The Price/Earnings ratio is 10.43, which indicates a very decent valuation of 1ADBE.
- 92.73% of the companies in the same industry are more expensive than 1ADBE, based on the Price/Earnings ratio.
- Compared to an average S&P500 Price/Earnings ratio of 26.78, 1ADBE is valued rather cheaply.
- A Price/Forward Earnings ratio of 8.46 indicates a reasonable valuation of 1ADBE.
- Based on the Price/Forward Earnings ratio, 1ADBE is valued cheaper than 92.73% of the companies in the same industry.
- 1ADBE's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 23.54.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.43 | ||
| Fwd PE | 8.46 |
4.2 Price Multiples
- Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of 1ADBE indicates a somewhat cheap valuation: 1ADBE is cheaper than 79.09% of the companies listed in the same industry.
- 90.00% of the companies in the same industry are more expensive than 1ADBE, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.04 | ||
| EV/EBITDA | 9.46 |
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.
- The excellent profitability rating of 1ADBE may justify a higher PE ratio.
- 1ADBE's earnings are expected to grow with 12.09% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.72
PEG (5Y)0.66
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 (4/9/2026, 7:00:00 PM)
195.84
-13.41 (-6.41%)
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 Owners88.63%
Inst Owner ChangeN/A
Ins Owners0.19%
Ins Owner ChangeN/A
Market Cap79.16B
Revenue(TTM)24.45B
Net Income(TTM)7.21B
Analysts72.44
Price Target288.86 (47.5%)
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 | 10.43 | ||
| Fwd PE | 8.46 | ||
| P/S | 3.81 | ||
| P/FCF | 9.04 | ||
| P/OCF | 8.88 | ||
| P/B | 8.16 | ||
| P/tB | N/A | ||
| EV/EBITDA | 9.46 |
EPS(TTM)18.77
EY9.58%
EPS(NY)23.15
Fwd EY11.82%
FCF(TTM)21.66
FCFY11.06%
OCF(TTM)22.06
OCFY11.26%
SpS51.34
BVpS24
TBVpS-3.97
PEG (NY)0.72
PEG (5Y)0.66
Graham Number100.68
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 | 7.06 |
F-Score8
WACC10.85%
ROIC/WACC3.65
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.