Valuation Adobe Inc.

Equities

Real-time Estimate Cboe BZX Other stock markets 02:22:06 2025-01-24 pm EST			5-day change	1st Jan Change
436.48 ^USD	-0.18%		+1.42%	-1.93%

Jan. 22	Los Angeles wildfires spark interest in adobe, natural building materials	RE
Jan. 16	Oppenheimer Adjusts Price Target on Adobe to $560 From $600, Maintains Outperform Rating	MT

Data adjusted to current consolidation scope

Fiscal Period: November	2020	2021	2022	2023	2024	2025	2026	2027
Capitalization ¹	228,840	327,108	151,920	281,098	227,112	190,348	-	-
Change	-	42.94%	-53.56%	85.03%	-19.21%	-16.19%	-	-
Enterprise Value (EV) ¹	226,965	325,433	149,953	276,890	224,854	184,308	177,942	173,759
Change	-	43.38%	-53.92%	84.65%	-18.79%	-18.03%	-3.45%	-2.35%
P/E ratio	44x	68.6x	32.4x	52.2x	41.7x	27.4x	24x	21.4x
PBR	17.4x	22.3x	10.8x	17.2x	16.1x	13.7x	11x	7.81x
PEG	-	-9.17x	40.58x	3.1x	9.13x	0.9x	1.7x	1.8x
Capitalization / Revenue	17.8x	20.7x	8.63x	14.5x	10.6x	8.09x	7.34x	6.72x
EV / Revenue	17.6x	20.6x	8.52x	14.3x	10.5x	7.83x	6.86x	6.13x
EV / EBITDA	36.2x	40.4x	17x	28.3x	20.7x	15.8x	13.9x	12.5x
EV / EBIT	41.1x	44.8x	18.9x	31x	22.4x	17x	14.8x	13.1x
EV / FCF	42.8x	47.2x	20.3x	39.9x	28.6x	20x	17.4x	15.9x
FCF Yield	2.34%	2.12%	4.93%	2.51%	3.5%	5.01%	5.74%	6.27%
Dividend per Share ²	-	-	-	-	-	-	-	-
Rate of return	-	-	-	-	-	-	-	-
EPS ²	10.83	10.02	10.1	11.82	12.36	15.96	18.24	20.41
Distribution rate	-	-	-	-	-	-	-	-
Net sales ¹	12,868	15,785	17,606	19,409	21,505	23,531	25,933	28,329
EBITDA ¹	6,278	8,047	8,801	9,790	10,876	11,678	12,774	13,867
EBIT ¹	5,521	7,259	7,945	8,918	10,019	10,856	12,012	13,236
Net income ¹	5,260	4,822	4,756	5,428	5,560	6,985	7,846	8,736
Net Debt ¹	-1,875	-1,675	-1,967	-4,208	-2,258	-6,040	-12,406	-16,589
Reference price ²	477.03	687.49	326.78	617.39	515.93	437.28	437.28	437.28
Nbr of stocks (in thousands)	479,719	475,800	464,900	455,300	440,200	435,300	-	-
Announcement Date	12/10/20	12/16/21	12/15/22	12/13/23	12/11/24	-	-	-

¹USD in Million²USD

Estimates

Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E ratio	EV / Sales	EV / EBITDA	Yield	Capi. ($)
ADOBE INC.	27.39x	7.83x	15.78x	-.--%	190B
APPLOVIN CORPORATION	89.2x	27.02x	47.17x	-.--%	122B
WORKDAY INC.	118.88x	7.51x	25.83x	-.--%	67.91B
AUTODESK, INC.	60.48x	10.62x	27.83x	-.--%	64.69B
ROPER TECHNOLOGIES, INC.	40.51x	9.24x	22.76x	+0.52%	57.18B
DATADOG, INC.	289.13x	16.9x	63.21x	-.--%	47.63B
ELECTRONIC ARTS INC.	30.3x	4.01x	11.19x	+0.67%	31.1B
ANSYS, INC.	52.9x	12.28x	26.75x	-.--%	31.51B
PTC INC.	47.22x	9.32x	21.41x	-.--%	22.76B
GRAB HOLDINGS LIMITED	-157.18x	5.63x	50.21x	-.--%	18.69B
Average	59.88x	11.04x	31.22x	+0.12%	65.35B
Weighted average by Cap.	68.69x	12.45x	29.42x	+0.08%