ADBE
ADBE — Technology
Graham: 25
Buffett: 92
Lynch: 52
Adobe Inc. operates as a technology company worldwide. The Digital Media segment offers products and services that enable individuals, teams, and enterprises to create, publish, and promote content.
Price ?
268.38
Market Cap ?
112.3B
P/E ?
16.08
P/B ?
9.54
Div Yield ?
-
52W Range ?
264.04 - 465.70
200W MA ?
434.11
25
Graham-style buying rate (0-100)
Criteria breakdown
- ✓ Company size sufficient (large-cap) ? $112,343,867,392 — Uses market cap >= $2B as proxy
- ✗ Solid financial condition (CR>=2; LT debt <= NCAV) ? CR=1.00 | D/E=0.57 — Partial: checks current ratio; LT debt vs NCAV unavailable
- ✗ Uninterrupted dividends for 20 years ?
- ✓ No losses in last 10 years ? 10y window — Positive earnings for last 17y
- ✓ EPS growth >= 33% over 10 years ? ~1987%
- ✗ Price-to-Book (P/B) <= 1.5 ? 9.54
- ✗ Price-to-Earnings (P/E) <= 15 ? 16.1 — Uses trailing P/E as proxy for 3y avg EPS
- ✗ Combined formula (P/E * P/B) <= 22.5 ? 153.3
- ✗ Margin of safety >= 20% ? -7% — Intrinsic = EPS * 15
- ✓ High ROE maintained without excessive debt ? ROE=55.4% | D/E=0.57 — Approximate threshold ROE = 15%, D/E = 1.0
What is evaluated (Graham):
- Valuation discipline and buying below intrinsic value.
- Financial resilience: liquidity and prudent leverage.
- Consistent dividends and earnings over long horizons.
"The intelligent investor is a realist who sells to optimists and buys from pessimists." — Benjamin Graham
92
Buffett-style buying rate (0-100)
Criteria breakdown
- ✓ Positive and growing FCF (multi-year) ? 8,239,000,000 -> 10,210,000,000
- ✓ ROIC >= 12% sustained ? 103.5%
- ✓ High ROE (proxy for durable advantages) ? 55.4% — Consistency over years not checked
- ✓ Net profit margin >= 10% ? 30.0% — Derived from available financial filings
- ✓ Conservative leverage (D/E <= 1.0) ? 0.57
- ? Sustainable shareholder returns (dividend > 0%) ? — Does not assess buybacks or payout safety
What is evaluated (Buffett):
- Durable advantages: high ROE, healthy margins.
- Balance discipline and shareholder friendly capital use.
- Positive free cash flow and efficient reinvestment.
"It is far better to buy a wonderful company at a fair price than a fair company at a wonderful price." — Warren Buffett
52
Lynch-style buying rate (0-100)
Criteria breakdown
- ✗ PEG ratio (P/E / growth) <= 1.0 ? 1.18
- ✓ Positive multi-year EPS growth (per-year >= 10%) ? ~13.6%/yr
- ✗ Conservative leverage (D/E <= 0.5) ? 0.57
- ✓ Sustainable profitability (net margin >= 5%) ? 30.0%
- ✓ Earnings stability (no losses in 10y) ? 10y window
What is evaluated (Lynch):
- Growth at a reasonable price (PEG and EPS CAGR).
- Durable earnings with limited drawdowns.
- Conservative balance sheet and baseline profitability.
"Know what you own, and know why you own it." — Peter Lynch