Ratings Adobe Inc.

Equities

ADBE

US00724F1012

Market Closed - Nasdaq Other stock markets 04:00:00 2023-12-07 pm EST			5-day change	1st Jan Change
608.78 ^USD	+2.20%		-0.36%	+80.90%

Dec. 06	Bain Capital last bidder in race for SoftwareOne - sources	RE
Dec. 06	Adobe Systems' Positive Momentum Likely to Continue Until Fiscal Year End, RBC Says	MT

Summary

The company has strong fundamentals. More than 70% of companies have a lower mix of growth, profitability, debt and visibility.
Overall, and from a short-term perspective, the company presents an interesting fundamental situation.
The company's Refinitiv ESG score, based on a ranking of the company relative to its industry, comes out particularly well.

Strengths

Before interest, taxes, depreciation and amortization, the company's margins are particularly high.
Margins returned by the company are among the highest on the stock exchange list. Its core activity clears big profits.
Thanks to a sound financial situation, the firm has significant leeway for investment.
Over the past four months, analysts' average price target has been revised upwards significantly.
Consensus analysts have strongly revised their opinion of the company over the past 12 months.
There is high visibility into the group's activities for the coming years. Outlooks on future revenues from analysts covering the equity remain similar. Such hardly dispersed estimates support highly predictable sales for the current and upcoming fiscal years.
The group usually releases upbeat results with huge surprise rates.

Weaknesses

The company's valuation in terms of earnings multiples is rather high. Indeed, the firm is getting paid 52.03 times its estimated earnings per share for the ongoing year.
The company's "enterprise value to sales" ratio is among the highest in the world.
In relation to the value of its tangible assets, the company's valuation appears relatively high.
The company is highly valued given the cash flows generated by its activity.

Ratings chart - Surperformance

Chart ESG Refinitiv

Sector : Software

	1st Jan change	Capi.	ESG Refinitiv
ADOBE INC.	+80.90%	277 B $	B
WORKDAY INC.	+62.74%	71 636 M $	B-
ROPER TECHNOLOGIES, INC.	+23.77%	57 128 M $	B
AUTODESK, INC.	+19.78%	47 792 M $	A-
DATADOG, INC.	+56.46%	37 784 M $	C
ANSYS, INC.	+18.43%	24 855 M $	B
PTC INC.	+35.99%	19 466 M $	B
APPLOVIN CORPORATION	+249.86%	12 371 M $	-
GRAB HOLDINGS LIMITED	-3.73%	12 166 M $	D+
XERO LIMITED	+49.42%	10 348 M $	B

Investor Rating

Trading Rating

ESG Refinitiv

Financials

Sales growth

Earnings Growth

EBITDA / Sales

Profitability

Finances

Valuation

P/E ratio

EV / Sales

Price to Book

Price to Free Cash Flow

Yield

Momentum

1 year Revenue revision

4 months Revenue revision

7 days Revenue revision

1 year EPS revision

4 months EPS revision

Consensus

Analyst Opinion

Potential Price Target

4m Target Price Revision

4m Revision of opinion

12m Revision of opinion

Business Predictability

Analyst Coverage

Divergence of Estimates

Divergence of analysts' opinions

Divergence of Target Price

Earnings quality

Environment

Emissions

Innovation

Use of resources

Governance

CSR Strategy

Management

Shareholders

Controversy

Technical analysis

ST Timing

MT Timing

LT Timing

RSI

Bollinger Spread

Unusual volumes