Adobe, whose name comes from Adobe Creek, a river that runs behind the house of its founder John Warnock in Los Altos, California, has, over the past 40 years, become the world reference in the fields of photo, video and audio editing, as well as illustration and graphic design. Its flagship products are known as Photoshop, InDesign, Illustrator, Acrobat, Flash and Première Pro. At a time when artificial intelligence is in its infancy, the American company is well positioned to capture the value created by these new technologies. Let's take a look at its investment thesis.
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Adobe Inc. specializes in the development of software for content design, publication and visual distribution. Net sales break down by product family as follows:
- digital media software (73.8%): primarily creation, illustration, viewing, conversion and digital contents broadcasting;
- online marketing and business process management software (24.9%): web publishing, information security, business resources planning, document production management, application automation software, etc.;
- other (1.3%): software for high-definition printing, online training, etc.
Net sales break down by source of income between sales of subscriptions (95.4%), sales of services (2.8%; consulting, training, maintenance and technical support services) and sales of products (1.8%).
Net sales are distributed geographically as follows: the United States (53.5%), Americas (6.5%), Europe/Middle East/Africa (25.8%) and Asia/Pacific (14.2%).
This super rating is the result of a weighted average of the rankings based on the following ratings: Global Valuation (Composite), EPS Revisions (4 months), and Visibility (Composite). We recommend that you carefully review the associated descriptions.
Investor
Investor
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Global
Global
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Quality
Quality
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