Adobe Inc. builds innovative platforms and tools that unleash creativity, productivity and personalized customer experiences.
Adobe’s solutions are the foundation of digital experiences, starting with the first creative spark, to the creation and de…
Analysis
Hidden champion
Adobe Inc. is what we call a hidden champion: a strong business that the market is not pricing as one. One caution: reported profits have recently run ahead of actual cash, which we track closely.
The price is attractive. You pay 11.9× its owner earnings: the cash an owner could take out each year, which is in the historically attractive zone. At today's price, the market is assuming roughly -1% yearly growth; analysts expect 13%. The price, in other words, assumes less than the experts do.
The trajectory is tepid and the balance sheet is sturdy. The company scores 14/20 on our value-creation score: strong value creator. Analyst sentiment is cautious.
What to watch: A large part of the company's book value is the price paid for past acquisitions. Reported profits have run ahead of actual cash for several periods. As always: this describes the company's numbers; it is not a recommendation.
360° rank · history
1007550250
Jan 202395
47
2023202420252026
All-time high
98
Jul 2023
All-time low
43
Mar 2026
Average rank
73
across all years
Detailed & Historical Ranks
Deep dive into 15 detailed ranks and 3 years of history.
Current202520242023
Price/Sales
30
23
7
15
Price/Earnings
69
61
65
72
Price/Book
38
9
21
24
Dividend Yield
1
1
1
1
Value (overall)
41
17
19
28
Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.