Company Valuation: Adobe Inc.

Data adjusted to current consolidation scope
Fiscal Period: November 2021 2022 2023 2024 2025 2026 2027 2028
Capitalization 1 315,027 152,938 283,798 226,122 134,006 123,039 - -
Change - -51.45% 85.56% -20.32% -40.74% -8.18% - -
Enterprise Value (EV) 1 313,352 150,971 279,590 223,864 133,621 120,579 115,652 107,559
Change - -51.82% 85.19% -19.93% -40.31% -9.76% -4.09% -7%
P/E ratio 66.1x 32.6x 52.7x 41.6x 19.2x 16.4x 14.4x 13x
PBR 21.5x 10.9x 17.3x 16.1x 11.8x 8.67x 6.47x 4.86x
PEG - 40.83x 3.1x 9.11x 0.5x 1.77x 1x 1.2x
Capitalization / Revenue 20x 8.69x 14.6x 10.5x 5.64x 4.73x 4.33x 4.02x
EV / Revenue 19.9x 8.57x 14.4x 10.4x 5.62x 4.63x 4.07x 3.51x
EV / EBITDA 38.9x 17.2x 28.6x 20.6x 11.3x 9.68x 8.69x 7.57x
EV / EBIT 43.2x 19x 31.4x 22.3x 12.2x 10.3x 9.03x 8x
EV / FCF 45.5x 20.4x 40.3x 28.4x 13.6x 11.8x 10.3x 9.07x
FCF Yield 2.2% 4.9% 2.48% 3.52% 7.37% 8.51% 9.69% 11%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 10.02 10.1 11.82 12.36 16.7 18.24 20.78 22.97
Distribution rate - - - - - - - -
Net sales 1 15,785 17,606 19,409 21,505 23,769 26,033 28,385 30,628
EBITDA 1 8,047 8,801 9,790 10,876 11,804 12,450 13,312 14,213
EBIT 1 7,259 7,945 8,918 10,019 10,986 11,736 12,802 13,438
Net income 1 4,822 4,756 5,428 5,560 7,130 7,424 8,303 8,958
Net Debt 1 -1,675 -1,967 -4,208 -2,258 -385 -2,460 -7,387 -15,480
Reference price 2 662.10 328.97 623.32 513.68 320.13 299.73 299.73 299.73
Nbr of stocks (in thousands) 475,800 464,900 455,300 440,200 418,600 410,500 - -
Announcement Date 12/16/21 12/15/22 12/13/23 12/11/24 12/10/25 - - -
1USD in Million2USD
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
16.43x4.63x9.68x-.--% 123B
55.83x30.91x39.24x-.--% 176B
50.01x7.94x19.86x-.--% 57.08B
49.06x6.26x17.15x0.38% 50.97B
64.9x4.78x14.84x-.--% 49.49B
29.39x6.6x16.68x0.77% 43.86B
481.97x12.56x51.37x-.--% 46.03B
28x7.1x14.4x-.--% 19.59B
115.75x4.08x27.9x-.--% 18.6B
Average 99.04x 9.43x 23.46x 0.13% 65B
Weighted average by Cap. 79.67x 13.87x 25.22x 0.09%
See all sector valuations

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield