Adobe Inc
NASDAQ:ADBE

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Adobe Inc
NASDAQ:ADBE
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Price: 394.47 USD 1.86% Market Closed
Market Cap: 171.6B USD

Relative Value

The Relative Value of one ADBE stock under the Base Case scenario is 561.32 USD. Compared to the current market price of 394.47 USD, Adobe Inc is Undervalued by 30%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

ADBE Relative Value
Base Case
561.32 USD
Undervaluation 30%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
96
vs Industry
9
Median 3Y
10.9
Median 5Y
13.2
Industry
2.4
Forward
7.2
vs History
98
vs Industry
13
Median 3Y
40.9
Median 5Y
45.4
Industry
22.4
Forward
19.2
vs History
96
vs Industry
15
Median 3Y
28.4
Median 5Y
33.5
Industry
16.9
vs History
98
vs Industry
22
Median 3Y
28.6
Median 5Y
35.3
Industry
20.9
vs History
88
vs Industry
5
Median 3Y
14.3
Median 5Y
16.1
Industry
2.9
vs History
96
vs Industry
9
Median 3Y
10.8
Median 5Y
12.9
Industry
2.4
Forward
7.1
vs History
96
vs Industry
15
Median 3Y
12.3
Median 5Y
14.7
Industry
4.8
vs History
96
vs Industry
14
Median 3Y
27.6
Median 5Y
33.4
Industry
12.7
Forward
14.4
vs History
96
vs Industry
15
Median 3Y
31.4
Median 5Y
37.9
Industry
16.2
Forward
15.4
vs History
96
vs Industry
14
Median 3Y
28
Median 5Y
32.8
Industry
15.6
vs History
96
vs Industry
15
Median 3Y
29.6
Median 5Y
34.3
Industry
18.3
vs History
90
vs Industry
8
Median 3Y
9.6
Median 5Y
10.8
Industry
2.4

Multiples Across Competitors

ADBE Competitors Multiples
Adobe Inc Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
US
Adobe Inc
NASDAQ:ADBE
173.6B USD 7.9 25.7 19.2 21.2
US
Ezenia! Inc
OTC:EZEN
567B USD 233 910.9 -180 630.8 -182 667.2 -177 298
DE
SAP SE
XETRA:SAP
297.9B EUR 8.7 95.3 31.1 36
US
Salesforce Inc
NYSE:CRM
273.7B USD 7.2 44.2 24.1 35
US
Palantir Technologies Inc
NYSE:PLTR
220.4B USD 76.9 476.9 629.2 693.2
US
Intuit Inc
NASDAQ:INTU
171.5B USD 10 56.5 36 43.1
US
NCR Corp
LSE:0K45
132B USD 46.7 140 391.6 3 228.1
US
Applovin Corp
NASDAQ:APP
115.5B USD 24.5 73.2 50.9 63.1
US
Microstrategy Inc
NASDAQ:MSTR
82.5B USD 178 -70.7 -1 979 -1 420.6
US
Cadence Design Systems Inc
NASDAQ:CDNS
73.2B USD 15.8 69.3 45.9 52.4
US
Synopsys Inc
NASDAQ:SNPS
70.8B USD 11.7 33.5 43.6 53.4
P/S Multiple
Revenue Growth P/S to Growth
US
Adobe Inc
NASDAQ:ADBE
Average P/S: 21 299.8
7.9
10%
0.8
US
Ezenia! Inc
OTC:EZEN
233 910.9
N/A N/A
DE
SAP SE
XETRA:SAP
8.7
13%
0.7
US
Salesforce Inc
NYSE:CRM
7.2
10%
0.7
US
Palantir Technologies Inc
NYSE:PLTR
76.9
32%
2.4
US
Intuit Inc
NASDAQ:INTU
10
13%
0.8
US
N
NCR Corp
LSE:0K45
46.7
-9%
N/A
US
Applovin Corp
NASDAQ:APP
24.5
21%
1.2
US
Microstrategy Inc
NASDAQ:MSTR
178
3%
59.3
US
Cadence Design Systems Inc
NASDAQ:CDNS
15.8
13%
1.2
US
Synopsys Inc
NASDAQ:SNPS
11.7
13%
0.9
P/E Multiple
Earnings Growth PEG
US
Adobe Inc
NASDAQ:ADBE
Average P/E: 112.7
25.7
27%
1
US
Ezenia! Inc
OTC:EZEN
Negative Multiple: -180 630.8 N/A N/A
DE
SAP SE
XETRA:SAP
95.3
49%
1.9
US
Salesforce Inc
NYSE:CRM
44.2
31%
1.4
US
Palantir Technologies Inc
NYSE:PLTR
476.9
71%
6.7
US
Intuit Inc
NASDAQ:INTU
56.5
35%
1.6
US
N
NCR Corp
LSE:0K45
140
-49%
N/A
US
Applovin Corp
NASDAQ:APP
73.2
39%
1.9
US
Microstrategy Inc
NASDAQ:MSTR
Negative Multiple: -70.7 N/A N/A
US
Cadence Design Systems Inc
NASDAQ:CDNS
69.3
32%
2.2
US
Synopsys Inc
NASDAQ:SNPS
33.5
12%
2.8
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
US
Adobe Inc
NASDAQ:ADBE
Average EV/EBITDA: 141.3
19.2
17%
1.1
US
Ezenia! Inc
OTC:EZEN
Negative Multiple: -182 667.2 N/A N/A
DE
SAP SE
XETRA:SAP
31.1
19%
1.6
US
Salesforce Inc
NYSE:CRM
24.1
23%
1
US
Palantir Technologies Inc
NYSE:PLTR
629.2
105%
6
US
Intuit Inc
NASDAQ:INTU
36
29%
1.2
US
N
NCR Corp
LSE:0K45
391.6
12%
32.6
US
Applovin Corp
NASDAQ:APP
50.9
38%
1.3
US
Microstrategy Inc
NASDAQ:MSTR
Negative Multiple: -1 979 N/A N/A
US
Cadence Design Systems Inc
NASDAQ:CDNS
45.9
25%
1.8
US
Synopsys Inc
NASDAQ:SNPS
43.6
34%
1.3
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
US
Adobe Inc
NASDAQ:ADBE
Average EV/EBIT: 469.5
21.2
20%
1.1
US
Ezenia! Inc
OTC:EZEN
Negative Multiple: -177 298 N/A N/A
DE
SAP SE
XETRA:SAP
36
21%
1.7
US
Salesforce Inc
NYSE:CRM
35
32%
1.1
US
Palantir Technologies Inc
NYSE:PLTR
693.2
108%
6.4
US
Intuit Inc
NASDAQ:INTU
43.1
35%
1.2
US
N
NCR Corp
LSE:0K45
3 228.1
84%
38.4
US
Applovin Corp
NASDAQ:APP
63.1
40%
1.6
US
Microstrategy Inc
NASDAQ:MSTR
Negative Multiple: -1 420.6 N/A N/A
US
Cadence Design Systems Inc
NASDAQ:CDNS
52.4
27%
1.9
US
Synopsys Inc
NASDAQ:SNPS
53.4
39%
1.4