Adobe Systems Valuation

ADBE Stock  USD 257.16  7.51  2.84%   
At this time, the firm appears to be undervalued. Adobe Systems shows a prevailing Real Value of $305.63 per share. The current price of the firm is $257.16. Our model approximates the value of Adobe Systems from analyzing the firm fundamentals such as Profit Margin of 0.30 %, return on equity of 0.55, and Current Valuation of 108.7 B as well as examining its technical indicators and probability of bankruptcy. Key fundamental drivers impacting Adobe Systems' valuation include:
Price Book
9.4263
Enterprise Value
108.7 B
Enterprise Value Ebitda
11.1682
Price Sales
4.6612
Forward PE
11.3379
Undervalued
Today
257.16
Please note that Adobe Systems' price fluctuation is very steady at this time. Calculation of the real value of Adobe Systems is based on 3 months time horizon. Increasing Adobe Systems' time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
The fair value of the Adobe stock is determined by what a typical buyer is willing to pay for full or partial control of Adobe Systems Incorporated. Since Adobe Systems is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Adobe Stock. However, Adobe Systems' intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value.
Historical Market  257.16 Real  305.63 Target  416.2 Hype  254.58
The real value of Adobe Stock, also known as its intrinsic value, is the underlying worth of Adobe Systems Company, which is reflected in its stock price. It is based on Adobe Systems' financial performance, growth prospects, management team, or industry conditions. The intrinsic value of Adobe Systems' stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, or news.
232.62
Downside
305.63
Real Value
307.68
Upside
Estimating the potential upside or downside of Adobe Systems Incorporated helps investors to forecast how Adobe stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Adobe Systems more accurately as focusing exclusively on Adobe Systems' fundamentals will not take into account other important factors:
Earnings
Estimates
LowProjectedHigh
5.845.875.91
Details
Hype
Prediction
LowEstimatedHigh
252.53254.58284.32
Details
38 Analysts
Consensus
LowTarget PriceHigh
378.75416.20461.99
Details
Traditionally, analysts and sophisticated investors use multiple methods for valuing a cash-flow-generating entity or its stock. For example, some money managers use Adobe Systems' intrinsic value based on its ongoing forecasts of Adobe Systems' financial statements. In contrast, other private, professional wealth advisors use a multiplier approach by looking to relative value analysis against Adobe Systems' closest peers. If more than one evaluation category is relevant for Adobe Systems we suggest using both methods to arrive at a better estimate.

Adobe Systems Cash

6.56 Billion

Adobe Revenue by Product

Adobe Systems Total Value Analysis

Adobe Systems Incorporated is presently forecasted to have valuation of 108.7 B with market capitalization of 110.79 B, debt of 6.65 B, and cash on hands of 5.76 B. Please note that valuation may be misleading and is a subject to auditing or accounting errors. We encourage investors to vigilantly validate all of the Adobe Systems fundamentals before making equity appraisal based on enterprise value of the company
  Takeover PriceMarket CapDebt ObligationsCash
108.7 B
110.79 B
6.65 B
5.76 B

Adobe Systems Investor Information

About 88.0% of the company shares are held by institutions such as insurance companies. The company has Price/Earnings To Growth (PEG) ratio of 0.76. Adobe Systems recorded earning per share (EPS) of 16.7. The entity last dividend was issued on the 24th of March 2005. The firm had 2:1 split on the 24th of May 2005. Based on the key indicators related to Adobe Systems' liquidity, profitability, solvency, and operating efficiency, Adobe Systems Incorporated may be sliding down financialy. It has an above-average chance of going through some form of financial crunch next quarter.
Current ValueLast YearChange From Last Year 10 Year Trend
Operating Profit Margin0.310.3145
Fairly Down
Slightly volatile
Total Cash From Operating Activities12.1 B11.5 B
Sufficiently Up
Slightly volatile
Operating Income10.5 B10 B
Sufficiently Up
Slightly volatile

Adobe Systems Asset Utilization

The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Adobe Systems has an asset utilization ratio of 80.58 percent. This indicates that the Company is making $0.81 for each dollar of assets. An increasing asset utilization means that Adobe Systems Incorporated is more efficient with each dollar of assets it utilizes for everyday operations.
 
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Adobe Systems Profitability Analysis

Based on Adobe Systems' profitability indicators, Adobe Systems' profitability may be sliding down. It has an above-average chance of reporting lower numbers next quarter. Profitability indicators assess Adobe Systems' ability to earn profits and add value for shareholders.
 
Net Income  
First Reported
1986-02-28
Previous Quarter
1.8 B
Current Value
1.9 B
Quarterly Volatility
492.8 M
 
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At present, Adobe Systems' Pretax Profit Margin is projected to increase slightly based on the last few years of reporting.
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.70.8677
Significantly Down
Pretty Stable
Net Profit Margin0.170.2869
Way Down
Slightly volatile
Operating Profit Margin0.310.3145
Fairly Down
Slightly volatile
Pretax Profit Margin0.320.3094
Sufficiently Up
Slightly volatile
Return On Assets0.190.138
Significantly Up
Slightly volatile
Return On Equity0.290.2767
Sufficiently Up
Slightly volatile
For Adobe Systems profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Adobe Systems to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Adobe Systems utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Adobe Systems's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Adobe Systems over time as well as its relative position and ranking within its peers.

Adobe Systems Earnings per Share Projection vs Actual

The next projected EPS of Adobe Systems is estimated to be 5.87 with future projections ranging from a low of 5.84 to a high of 5.91. Adobe Systems' most recent 12-month trailing earnings per share (EPS TTM) is at 16.7. Please be aware that the consensus of earnings estimates for Adobe Systems Incorporated is based on EPS before non-recurring items and includes expenses related to employee stock options.
 
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Interest Hikes
Adobe Systems is projected to generate 5.87 in earnings per share on the 28th of February 2026. Adobe Systems earnings estimates show analyst consensus about projected Adobe Systems EPS (Earning Per Share). It derives the highest and the lowest estimates based on Adobe Systems' historical volatility. Many public companies, such as Adobe Systems, manage the perception of their earnings on a regular basis to make sure that analyst estimates are accurate. Future earnings calculations are also an essential input when attempting to value a firm.

Adobe Systems Earnings Estimation Breakdown

The calculation of Adobe Systems' earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of Adobe Systems is estimated to be 5.87 with the future projection ranging from a low of 5.84 to a high of 5.91. Please be aware that this consensus of annual earnings estimates for Adobe Systems Incorporated is based on EPS before non-recurring items and includes expenses related to employee stock options.
Last Reported EPS
4.45
5.84
Lowest
Expected EPS
5.87
5.91
Highest

Adobe Systems Earnings Projection Consensus

Suppose the current estimates of Adobe Systems' value are higher than the current market price of the Adobe Systems stock. In this case, investors may conclude that Adobe Systems is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and Adobe Systems' stock will quickly adjusts to the new information provided by the consensus estimate.
Number of AnalystsHistorical AccuracyLast Reported EPSEstimated EPS for 28th of February 2026Current EPS (TTM)
3997.41%
4.45
5.87
16.7

Adobe Systems Ownership Allocation

Adobe Systems holds a total of 410.5 Million outstanding shares. The majority of Adobe Systems Incorporated outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Adobe Systems to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Adobe Systems. Please pay attention to any change in the institutional holdings of Adobe Systems Incorporated as this could imply that something significant has changed or is about to change at the company. On January 14, 2026, Representative Julia Letlow of US Congress acquired under $15k worth of Adobe Systems's common stock.

Adobe Systems Profitability Analysis

The company reported the previous year's revenue of 23.77 B. Net Income was 7.13 B with profit before overhead, payroll, taxes, and interest of 21.22 B.
Please note that valuation analysis is one of the essential comprehensive assessments in business. It evaluates Adobe Systems' worth, which you can determine by considering its current assets, liabilities and future cash flows. The investors' valuation analysis is an important metric that will give you a perspective on different companies. It helps you know the worth of the potential investment in Adobe Systems and how it compares across the competition.

About Adobe Systems Valuation

The stock valuation mechanism determines Adobe Systems' current worth on a weekly basis. Our valuation model uses a comparative analysis of Adobe Systems. We calculate exposure to Adobe Systems's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Adobe Systems's related companies.
Last ReportedProjected for Next Year
Gross Profit24.2 B25.4 B
Pretax Profit Margin 0.31  0.32 
Operating Profit Margin 0.31  0.31 
Net Profit Margin 0.29  0.17 
Gross Profit Margin 0.87  0.70 

Adobe Systems Quarterly Retained Earnings

45.35 Billion

Adobe Systems Growth Indicators

Investing in growth stocks can be very risky. If the company such as Adobe Systems does not do well, investors take a loss on the stock when it is time to sell. Also, because growth stocks typically do not pay dividends, the only opportunity an investor has to make money on their investment is when they eventually sell their shares.
Common Stock Shares Outstanding427 M
Quarterly Earnings Growth Y O Y0.172
Forward Price Earnings11.3379

Adobe Systems Current Valuation Indicators

Valuation refers to the process of determining the present value of Adobe Systems Incorporated and all of its assets. It can be calculated using a number of techniques. As many analysts who try to value Adobe we look at many different elements of the entity such as Adobe's management, its prospective future earnings, the current market value of the company's assets, as well as its capital structure formation.
Valuations are an essential part of business, for companies themselves, but also for investors. For companies, such as Adobe Systems, valuations can help measure their progress and success and can help them track their performance in the market compared to others. In addition, investors can use Adobe Systems' valuations to help determine the worth of potential investments. They can do this by using data and information made public by a company. Regardless of who the valuation is for, it essentially describes Adobe Systems' worth.

Complementary Tools for Adobe Stock analysis

When running Adobe Systems' price analysis, check to measure Adobe Systems' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Adobe Systems is operating at the current time. Most of Adobe Systems' value examination focuses on studying past and present price action to predict the probability of Adobe Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Adobe Systems' price. Additionally, you may evaluate how the addition of Adobe Systems to your portfolios can decrease your overall portfolio volatility.
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