Adobe Systems is a diversified software company worldwide. It operates in three segments: Digital Media, Digital Marketing, and Print and Publishing. The Company offers products and services for professionals, marketers, application developers, enterprises and consumers for creating, managing, delivering, optimizing and engaging with content. The company was founded in 1982 and is based in San Jose, California.
ADBE Price Forecast Based on DCF Valuation
DCF Fair Value Target:
The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for Adobe Inc. To summarize, we found that Adobe Inc ranked in the 42th percentile in terms of potential gain offered. Our DCF analysis suggests the stock is overvalued by about 34.33%. As for the metrics that stood out in our discounted cash flow analysis of Adobe Inc, consider:
ADBE's estimated cost of debt, based largely on its market capitalization and its interest coverage ratio, is 3%; for context, that number is higher than 49.02% of tickers in our DCF set.
Adobe Inc's effective tax rate, as measured by taxes paid relative to net income, is at 0 -- greater than merely 0% of US stocks with positive free cash flow.
Relative to other stocks in its sector (Technology), Adobe Inc has a reliance on debt greater than only 20.17% of them.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
CDK, CTXS, AMAT, CTS, and IT can be thought of as valuation peers to ADBE, in the sense that they are in the Technology sector and have a similar price forecast based on DCF valuation.
Source: Adobe/y fran_kie Critics have accused Seoul of “over-regulation,” claiming that a new South Korean crypto law – which will promulgate in a matter of weeks – could marginalize the industry. Per a report from EBN, voices of concern are growing louder within the crypto sector, with some business experts claiming that the cost of compliance will all but freeze out startups, and
Sources: Adobe/Maksym Yemelyanov United States President Joe Biden's Treasury secretary nominee Janet Yellen has once again become a topic of discussion in the Cryptoverse - this time over her comments suggesting she may look to tax of unrealized gains. And this has led some to question if the US is demonstrating a sign of what is to come in other countries that are printing fiat money at an
Enterprises are realizing the importance of cloud computing like never before. The rapid transition to the cloud helped organizations adopt remote working and ensured that businesses were not interrupted by the pandemic-induced restrictions. Several companies offering cloud-based applications and tools experienced strong demand last year and continue to see favorable trends as enterprises are now more aware of the benefits of the cloud. Using the TipRanks Stock Comparison tool, we will place two cloud-based SaaS (Software as a Service) companies, Autodesk and Adobe, alongside each other and select the stock offering a more attractive investment opportunity.