ADBE

$269.39

Public overview and default valuation.

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Valuation Details
Default assumptions: 10Y forecast, 9% market return, 2.5% terminal growth, 6.86% trendline growth.
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$370.60

With 20% Margin of Safety (MoS):

$296.48
10.06% upside
Capital Efficiency
Average Quarterly ROIC
15.53%
Cost of Capital (estimated)9%
Value StatusCreating Value

The company is earning a higher return on invested capital than it costs to raise that capital — a sign of strong, efficient value creation.

Complete historical ROIC is available with
.
Fundamental Score
84
BullishWeighted across 6 signals
DCF Discount
10.1% discount to price
67
FCF Yield
9.1% trailing FCF yield
100
ROIC vs WACC
ROIC 15.5% vs WACC 9.0% (1.7x)
86
Net Debt / FCF
Net cash position
100
Buybacks
Share count shrinking
80
FCF CAGR (5Y)
10.7% 5Y FCF CAGR
78
Strengths lead the score: FCF Yield, ROIC vs WACC.
Narrative Score
49
Weak
Weighted across 6 recent drivers · Last 30 days-6 vs previous · +2 new driversVs 6-Month Baseline: Low (0th pct)
Trend: Deteriorating downConfidence: 100%Updated: 3h ago
Sources: 220 (News 200 · Analyst 20)
Drivers
109 news sentiment+0.5
5 analyst downgrades-0.3
81 regulatory scrutiny-0.2
5 downgrade headlines-0.2
2 upgrade headlines+0.0
Margin pressure+0.0
Other Metrics
P/E15.8
Profit Margin30.0%
Owner Earnings$8.13b
One Dollar Premise0.00%
Debt/Equity1.43
Current Ratio1.05
PEG3.961
Free Cash Flow (in millions)
20062007200820092010201120122013201420152016201720182019202020212022202320242025
$1,010$1,571$1,392$1,237$1,283$1,754$1,771$1,340$1,436$1,654$2,404$3,091$4,296$4,755$6,146$7,553$8,280$7,662$8,288$10,210
How Intrinziq Estimates Fair Value

Intrinziq estimates Adobe Inc.'s intrinsic value using a discounted cash flow (DCF) model based on free cash flow trends and a market-based discount rate. The model projects future cash flows over ten years and discounts them using a market return assumption to estimate fair value.

Adobe Inc.Technology

Adobe Inc. operates as a diversified software company worldwide. It operates through three segments: Digital Media, Digital Experience, and Publishing and Advertising. The Digital Media segment offers products, services, and solutions that enable individuals, teams, and enterprises to create, publish, and promote content; and Document Cloud, a unified cloud-based document services platform. Its flagship product is Creative Cloud, a subscription service that allows members to access its creative products. This segment serves content creators, workers, marketers, educators, enthusiasts, communicators, and consumers. The Digital Experience segment provides an integrated platform and set of applications and services that enable brands and businesses to create, manage, execute, measure, monetize, and optimize customer experiences from analytics to commerce. This segment serves marketers, advertisers, agencies, publishers, merchandisers, merchants, web analysts, data scientists, developers, and executives across the C-suite. The Publishing and Advertising segment offers products and services, such as e-learning solutions, technical document publishing, web conferencing, document and forms platform, web application development, and high-end printing, as well as Advertising Cloud offerings. The company offers its products and services directly to enterprise customers through its sales force and local field offices, as well as to end users through app stores and through its website at adobe.com. It also distributes products and services through a network of distributors, value-added resellers, systems integrators, software vendors and developers, retailers, and original equipment manufacturers. The company was formerly known as Adobe Systems Incorporated and changed its name to Adobe Inc. in October 2018. Adobe Inc. was founded in 1982 and is headquartered in San Jose, California.

Last updated: Feb 06, 2026
Data sources: Financial Modeling Prep
This valuation is based on assumptions and publicly available data. It is not financial advice or a recommendation to buy or sell any security. Always do your own research before making investment decisions.