Company Valuation: Adobe Inc.

Data adjusted to current consolidation scope
Fiscal Period: November 2020 2021 2022 2023 2024 2025 2026 2027
Capitalization 1 228,840 327,108 151,920 281,098 227,112 141,956 - -
Change - 42.94% -53.56% 85.03% -19.21% -37.5% - -
Enterprise Value (EV) 1 226,965 325,433 149,953 276,890 224,854 140,673 139,137 133,777
Change - 43.38% -53.92% 84.65% -18.79% -37.44% -1.09% -3.85%
P/E ratio 44x 68.6x 32.4x 52.2x 41.7x 20.5x 18.5x 16.4x
PBR 17.4x 22.3x 10.8x 17.2x 16.1x 11.9x 9.3x 7x
PEG - -9.17x 40.58x 3.1x 9.13x 0.6x 1.7x 1.3x
Capitalization / Revenue 17.8x 20.7x 8.63x 14.5x 10.6x 5.99x 5.49x 5.03x
EV / Revenue 17.6x 20.6x 8.52x 14.3x 10.5x 5.94x 5.38x 4.74x
EV / EBITDA 36.2x 40.4x 17x 28.3x 20.7x 12x 11x 9.78x
EV / EBIT 41.1x 44.8x 18.9x 31x 22.4x 12.9x 11.6x 10.2x
EV / FCF 42.8x 47.2x 20.3x 39.9x 28.6x 15.1x 13.6x 12x
FCF Yield 2.34% 2.12% 4.93% 2.51% 3.5% 6.62% 7.38% 8.33%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 10.83 10.02 10.1 11.82 12.36 16.56 18.36 20.7
Distribution rate - - - - - - - -
Net sales 1 12,868 15,785 17,606 19,409 21,505 23,689 25,870 28,207
EBITDA 1 6,278 8,047 8,801 9,790 10,876 11,724 12,647 13,683
EBIT 1 5,521 7,259 7,945 8,918 10,019 10,945 11,965 13,068
Net income 1 5,260 4,822 4,756 5,428 5,560 7,070 7,715 8,543
Net Debt 1 -1,875 -1,675 -1,967 -4,208 -2,258 -1,283 -2,819 -8,179
Reference price 2 477.03 687.49 326.78 617.39 515.93 339.12 339.12 339.12
Nbr of stocks (in thousands) 479,719 475,800 464,900 455,300 440,200 418,600 - -
Announcement Date 10/12/20 16/12/21 15/12/22 13/12/23 11/12/24 - - -
1USD in Million2USD
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
20.48x5.94x12x-.--% 142B
73.87x40.73x51.79x-.--% 233B
56.61x8.87x22.05x-.--% 63.77B
76.22x5.7x17.61x-.--% 58.12B
566.54x14.94x61.02x-.--% 54.1B
48.86x6.23x17.08x0.39% 50.76B
32.15x7.13x18.02x0.7% 48.08B
129.36x4.82x32.81x-.--% 21.09B
29.97x7.55x15.31x-.--% 20.83B
92.47x8.6x32.21x-.--% 13.27B
Average 112.65x 11.05x 27.99x 0.11% 70.51B
Weighted average by Cap. 95.62x 18.54x 32.16x 0.08%
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