Adobe Inc Stock Fundamentals
| ADBE Stock | 20.72 0.24 1.17% |
Adobe Inc fundamentals help investors to digest information that contributes to Adobe's financial success or failures. It also enables traders to predict the movement of Adobe Stock. The fundamental analysis module provides a way to measure Adobe's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Adobe stock.
Adobe |
Adobe Inc Company Current Valuation Analysis
Adobe's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current Adobe Current Valuation | 313.19 B |
Most of Adobe's fundamental indicators, such as Current Valuation, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Adobe Inc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, Adobe Inc has a Current Valuation of 313.19 B. This is much higher than that of the Software sector and 180.24% higher than that of the Information Technology industry. The current valuation for all Canada stocks is significantly lower than that of the firm.
Adobe Inc Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Adobe's current stock value. Our valuation model uses many indicators to compare Adobe value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Adobe competition to find correlations between indicators driving Adobe's intrinsic value. More Info.Adobe Inc is number one stock in return on equity category among its peers. It also is number one stock in return on asset category among its peers reporting about 0.45 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Adobe Inc is roughly 2.21 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Adobe's earnings, one of the primary drivers of an investment's value.Adobe Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Adobe's direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Adobe could also be used in its relative valuation, which is a method of valuing Adobe by comparing valuation metrics of similar companies.Adobe is currently under evaluation in current valuation category among its peers.
Adobe Fundamentals
| Return On Equity | 0.35 | ||||
| Return On Asset | 0.16 | ||||
| Profit Margin | 0.26 % | ||||
| Operating Margin | 0.37 % | ||||
| Current Valuation | 313.19 B | ||||
| Shares Outstanding | 15.08 B | ||||
| Price To Book | 15.19 X | ||||
| Price To Sales | 14.81 X | ||||
| Revenue | 20.95 B | ||||
| EBITDA | 8.13 B | ||||
| Book Value Per Share | 32.69 X | ||||
| Earnings Per Share | 0.48 X | ||||
| Price To Earnings To Growth | 1.62 X | ||||
| Number Of Employees | 29.95 K | ||||
| Beta | 1.3 | ||||
| Market Capitalization | 310.3 B |
About Adobe Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Adobe Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Adobe using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Adobe Inc based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.Adobe is entity of Canada. It is traded as Stock on NEO exchange.
Pair Trading with Adobe
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Adobe position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Adobe will appreciate offsetting losses from the drop in the long position's value.Moving against Adobe Stock
| 0.83 | ETG | Entree Resources | PairCorr |
| 0.66 | IMP | Intermap Technologies | PairCorr |
| 0.65 | NVDA | NVIDIA CDR | PairCorr |
| 0.59 | CDR | Condor Energies | PairCorr |
| 0.51 | TD-PFI | Toronto Dominion Bank | PairCorr |
The ability to find closely correlated positions to Adobe could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Adobe when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Adobe - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Adobe Inc to buy it.
The correlation of Adobe is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Adobe moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Adobe Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Adobe can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Adobe Stock
Adobe financial ratios help investors to determine whether Adobe Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Adobe with respect to the benefits of owning Adobe security.