Adobe Inc.
(ADBE : NMS)
Sector: Technology | Industry: Software - Application
$256.73
+9.64 (+3.90%)
MARKET CAP
$99.92B
FCF YIELD
9.35%
CURRENT PRICE
$256.73
P/E RATIO
14.33x
MODEL INPUTS
Intrinsic Fair Value
$527.58
per share
5-YEAR FREE CASH FLOW PROJECTIONS
| Year | Projected FCF | Discount Factor (WACC) | Present Value (PV) |
|---|---|---|---|
| Base (0) | $9.35B | - | - |
| Year 1 | $10.33B | at 10.5% growth | $9.47B |
| Year 2 | $11.41B | at 10.5% growth | $9.60B |
| Year 3 | $12.61B | at 10.5% growth | $9.74B |
| Year 4 | $13.93B | at 10.5% growth | $9.87B |
| Year 5 | $15.40B | at 10.5% growth | $10.01B |
VALUATION ARITHMETIC
| Valuation Step | Value |
|---|---|
| PV of Projected FCFs (Sum Y1-Y5) | $48.69B |
| Terminal Value (Perpetuity at 2.5%) | $242.78B |
| PV of Terminal Value | $157.79B |
| Enterprise Value (EV) | $206.48B |
| Less: Total Debt | -$6.79B |
| Add: Total Cash & Equivalents | +$5.64B |
| Equity Value | $205.33B |
| Divided by: Shares Outstanding | 389,200,000.00 |
| Intrinsic Value (Fair Value per Share) | $527.58 |
FINANCIAL RATIOS & STATS
| Financial Metric | Value |
|---|---|
| Trailing P/E | 14.33x |
| Forward P/E | 9.33x |
| Price-to-Book (P/B) | 8.53x |
| Price-to-Sales (P/S) | 3.85x |
| Net Profit Margin (Net Income / Revenue) | 28.05% |
| Operating Profit Margin (EBIT / Revenue) | 34.82% |
| Return on Equity (ROE) | 61.90% |
| Return on Assets (ROA) | 20.08% |
| Dividend Rate | N/A |
| Dividend Yield | N/A |
| Ex-Dividend Date | 2005-03-24 |
| Next Earnings Date | 2026-12-09 |