Adobe Inc. (ADBE)
Adobe Statistics
Share Statistics
Adobe has 426.2M shares outstanding. The number of shares has increased by -3.88% in one year.
| Shares Outstanding | 426.2M |
| Shares Change (YoY) | -3.88% |
| Shares Change (QoQ) | -3.18% |
| Owned by Institutions (%) | 79.5% |
| Shares Floating | 425.13M |
| Failed to Deliver (FTD) Shares | 307 |
| FTD / Avg. Volume | 0.01% |
Short Selling Information
The latest short interest is 11.48M, so 2.69% of the outstanding shares have been sold short.
| Short Interest | 11.48M |
| Short % of Shares Out | 2.69% |
| Short % of Float | 2.7% |
| Short Ratio (days to cover) | 2.3 |
Valuation Ratios
The PE ratio is 41.48 and the forward PE ratio is 16.41. Adobe's PEG ratio is 8.8.
| PE Ratio | 41.48 |
| Forward PE | 16.41 |
| PS Ratio | 10.72 |
| Forward PS | 4.8 |
| PB Ratio | 16.35 |
| P/FCF Ratio | 29.48 |
| PEG Ratio | 8.8 |
Enterprise Valuation
Adobe has an Enterprise Value (EV) of 229.06B.
| EV / Sales | 10.65 |
| EV / EBITDA | 28.79 |
| EV / EBIT | 28.43 |
| EV / FCF | 29.28 |
Financial Position
The company has a current ratio of 1.07, with a Debt / Equity ratio of 0.43.
| Current Ratio | 1.07 |
| Quick Ratio | 1.07 |
| Debt / Equity | 0.43 |
| Debt / EBITDA | 0.76 |
| Debt / FCF | 0.77 |
| Interest Coverage | 0 |
Financial Efficiency
Return on Equity is 39.42% and Return on Invested Capital is 25.41%.
| Return on Equity | 39.42% |
| Return on Assets | 18.39% |
| Return on Invested Capital | 25.41% |
| Revenue Per Employee | $700.28K |
| Profits Per Employee | $181.05K |
| Employee Count | 30,709 |
| Asset Turnover | 0.71 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | 1.37B |
| Effective Tax Rate | 19.78% |
Stock Price Statistics
The stock price has increased by -20.07% in the last 52 weeks. The beta is 1.49, so Adobe's price volatility has been higher than the market average.
| Beta | 1.49 |
| 52-Week Price Change | -20.07% |
| 50-Day Moving Average | 394.11 |
| 200-Day Moving Average | 474.68 |
| Relative Strength Index (RSI) | 53.19 |
| Average Volume (20 Days) | 3.95M |
Income Statement
In the last 12 months, Adobe had revenue of 21.5B and earned 5.56B in profits. Earnings per share was 12.44.
| Revenue | 21.5B |
| Gross Profit | 19.15B |
| Operating Income | 6.74B |
| Net Income | 5.56B |
| EBITDA | 7.96B |
| EBIT | 7.1B |
| Earnings Per Share (EPS) | 12.44 |
Balance Sheet
The company has 7.61B in cash and 6.06B in debt, giving a net cash position of 1.56B.
| Cash & Cash Equivalents | 7.61B |
| Total Debt | 6.06B |
| Net Cash | 1.56B |
| Retained Earnings | 38.47B |
| Total Assets | 29.95B |
| Working Capital | 1.69B |
Cash Flow
In the last 12 months, operating cash flow was 8.06B and capital expenditures -232M, giving a free cash flow of 7.82B.
| Operating Cash Flow | 8.06B |
| Capital Expenditures | -232M |
| Free Cash Flow | 7.82B |
| FCF Per Share | 17.5 |
Margins
Gross margin is 89.04%, with operating and profit margins of 31.35% and 25.85%.
| Gross Margin | 89.04% |
| Operating Margin | 31.35% |
| Pretax Margin | 32.23% |
| Profit Margin | 25.85% |
| EBITDA Margin | 37% |
| EBIT Margin | 31.35% |
| FCF Margin | 36.38% |
Dividends & Yields
ADBE pays an annual dividend of $0.03, which amounts to a dividend yield of 0.08%.
| Dividend Per Share | $0.03 |
| Dividend Yield | 0.08% |
| Dividend Growth (YoY) | 0% |
| Payout Ratio | 0.21% |
| Earnings Yield | 2.41% |
| FCF Yield | 3.39% |
Analyst Forecast
The average price target for ADBE is $525, which is 39.9% higher than the current price. The consensus rating is "Buy".
| Price Target | $525 |
| Price Target Difference | 39.9% |
| Analyst Consensus | Buy |
| Analyst Count | 24 |
Stock Splits
The last stock split was on May 24, 2005. It was a forward split with a ratio of 2:1.
| Last Split Date | May 24, 2005 |
| Split Type | forward |
| Split Ratio | 2:1 |
Scores
| Altman Z-Score | 9.19 |
| Piotroski F-Score | 8 |