Switch to:

GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 8/10

vs
industry
vs
history
Cash to Debt 2.33
ADBE's Cash to Debt is ranked higher than
61% of the 1737 Companies
in the Global Software - Application industry.

( Industry Median: 4.49 vs. ADBE: 2.33 )
ADBE' s 10-Year Cash to Debt Range
Min: 1.62   Max: No Debt
Current: 2.33

Equity to Asset 0.64
ADBE's Equity to Asset is ranked higher than
71% of the 1710 Companies
in the Global Software - Application industry.

( Industry Median: 0.59 vs. ADBE: 0.64 )
ADBE' s 10-Year Equity to Asset Range
Min: 0.63   Max: 0.88
Current: 0.64

0.63
0.88
Interest Coverage 6.26
ADBE's Interest Coverage is ranked lower than
57% of the 1135 Companies
in the Global Software - Application industry.

( Industry Median: 704.34 vs. ADBE: 6.26 )
ADBE' s 10-Year Interest Coverage Range
Min: 6.26   Max: 9999.99
Current: 6.26

6.26
9999.99
F-Score: 5
Z-Score: 6.99
M-Score: -2.94
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 7/10

vs
industry
vs
history
Operating margin (%) 9.50
ADBE's Operating margin (%) is ranked higher than
79% of the 1732 Companies
in the Global Software - Application industry.

( Industry Median: 5.44 vs. ADBE: 9.50 )
ADBE' s 10-Year Operating margin (%) Range
Min: 6.29   Max: 37.05
Current: 9.5

6.29
37.05
Net-margin (%) 5.97
ADBE's Net-margin (%) is ranked higher than
75% of the 1732 Companies
in the Global Software - Application industry.

( Industry Median: 3.77 vs. ADBE: 5.97 )
ADBE' s 10-Year Net-margin (%) Range
Min: 2.27   Max: 30.66
Current: 5.97

2.27
30.66
ROE (%) 3.66
ADBE's ROE (%) is ranked higher than
62% of the 1694 Companies
in the Global Software - Application industry.

( Industry Median: 6.78 vs. ADBE: 3.66 )
ADBE' s 10-Year ROE (%) Range
Min: 4.33   Max: 46.23
Current: 3.66

4.33
46.23
ROA (%) 2.37
ADBE's ROA (%) is ranked higher than
63% of the 1744 Companies
in the Global Software - Application industry.

( Industry Median: 3.73 vs. ADBE: 2.37 )
ADBE' s 10-Year ROA (%) Range
Min: 2.84   Max: 30.73
Current: 2.37

2.84
30.73
ROC (Joel Greenblatt) (%) 57.52
ADBE's ROC (Joel Greenblatt) (%) is ranked higher than
78% of the 1739 Companies
in the Global Software - Application industry.

( Industry Median: 29.64 vs. ADBE: 57.52 )
ADBE' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: 63.85   Max: 716.88
Current: 57.52

63.85
716.88
Revenue Growth (%) 3.00
ADBE's Revenue Growth (%) is ranked higher than
63% of the 1459 Companies
in the Global Software - Application industry.

( Industry Median: 6.40 vs. ADBE: 3.00 )
ADBE' s 10-Year Revenue Growth (%) Range
Min: 2.6   Max: 18.9
Current: 3

2.6
18.9
EBITDA Growth (%) -16.20
ADBE's EBITDA Growth (%) is ranked higher than
52% of the 1185 Companies
in the Global Software - Application industry.

( Industry Median: 8.30 vs. ADBE: -16.20 )
ADBE' s 10-Year EBITDA Growth (%) Range
Min: -16.2   Max: 39.6
Current: -16.2

-16.2
39.6
EPS Growth (%) -27.50
ADBE's EPS Growth (%) is ranked higher than
50% of the 1136 Companies
in the Global Software - Application industry.

( Industry Median: 8.80 vs. ADBE: -27.50 )
ADBE' s 10-Year EPS Growth (%) Range
Min: -27.5   Max: 117.8
Current: -27.5

-27.5
117.8
» ADBE's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades

Q3 2013

ADBE Guru Trades in Q3 2013

Jeremy Grantham 405,500 sh (New)
Lee Ainslie 753,228 sh (New)
Steven Cohen 145,079 sh (+30.33%)
Jim Simons 246,733 sh (+8.12%)
Pioneer Investments 1,255,427 sh (+2.45%)
Jeff Ubben 31,303,362 sh (unchged)
PRIMECAP Management 39,689,632 sh (-1%)
Andreas Halvorsen 5,323,240 sh (-16.19%)
Dodge & Cox 16,845,904 sh (-25.96%)
John Hussman 500,000 sh (-33.33%)
» More
Q4 2013

ADBE Guru Trades in Q4 2013

Stanley Druckenmiller 336,800 sh (New)
George Soros 25,000 sh (New)
Paul Tudor Jones 22,673 sh (New)
Lee Ainslie 3,109,127 sh (+312.77%)
Jeremy Grantham 1,421,584 sh (+250.58%)
Steven Cohen 343,187 sh (+136.55%)
Jim Simons Sold Out
PRIMECAP Management 39,384,554 sh (-0.77%)
Pioneer Investments 1,230,984 sh (-1.95%)
Jeff Ubben 25,310,116 sh (-19.15%)
Dodge & Cox 10,578,204 sh (-37.21%)
Andreas Halvorsen 3,108,762 sh (-41.6%)
John Hussman 225,000 sh (-55%)
» More
Q1 2014

ADBE Guru Trades in Q1 2014

Steve Mandel 6,600,334 sh (New)
Ray Dalio 72,403 sh (New)
Stanley Druckenmiller 976,700 sh (+189.99%)
Lee Ainslie 3,593,247 sh (+15.57%)
Jeremy Grantham 1,635,496 sh (+15.05%)
Jeff Ubben 25,310,116 sh (unchged)
John Hussman Sold Out
George Soros Sold Out
PRIMECAP Management 39,149,254 sh (-0.6%)
Pioneer Investments 1,202,054 sh (-2.35%)
Steven Cohen 284,303 sh (-17.16%)
Andreas Halvorsen 2,473,340 sh (-20.44%)
Dodge & Cox 7,026,721 sh (-33.57%)
Paul Tudor Jones 5,291 sh (-76.66%)
» More
Q2 2014

ADBE Guru Trades in Q2 2014

Louis Moore Bacon 29,500 sh (New)
Paul Tudor Jones 29,544 sh (+458.38%)
Steve Mandel 11,889,484 sh (+80.13%)
Lee Ainslie 4,559,368 sh (+26.89%)
Ray Dalio 86,503 sh (+19.47%)
Dodge & Cox 7,241,071 sh (+3.05%)
Steven Cohen 2,300 sh (unchged)
Stanley Druckenmiller Sold Out
PRIMECAP Management 38,666,674 sh (-1.23%)
Jeff Ubben 24,560,116 sh (-2.96%)
Pioneer Investments 1,130,502 sh (-5.95%)
Jeremy Grantham 831,084 sh (-49.18%)
Andreas Halvorsen 685,000 sh (-72.3%)
» More
» Details

Insider Trades

Latest Guru Trades with ADBE

(List those with share number changes of more than 20%, or impact to portfolio more than 0.1%)

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Steve Mandel 2014-06-30 Add 80.13%1.56%$58.63 - $73.08 $ 67.014%11889484
Lee Ainslie 2014-06-30 Add 26.89%1%$58.63 - $73.08 $ 67.014%4559368
Andreas Halvorsen 2014-06-30 Reduce -72.3%0.49%$58.63 - $73.08 $ 67.014%685000
Jeff Ubben 2014-06-30 Reduce -2.96%0.37%$58.63 - $73.08 $ 67.014%24560116
Steve Mandel 2014-03-31 New Buy1.9%$58.09 - $69.92 $ 67.015%6600334
John Hussman 2014-03-31 Sold Out 0.96%$58.09 - $68.92 $ 67.015%0
Lee Ainslie 2014-03-31 Add 15.57%0.44%$58.09 - $69.92 $ 67.015%3593247
Dodge & Cox 2014-03-31 Reduce -33.57%0.22%$58.09 - $69.92 $ 67.015%7026721
Andreas Halvorsen 2014-03-31 Reduce -20.44%0.18%$58.09 - $69.92 $ 67.015%2473340
Ray Dalio 2014-03-31 New Buy0.04%$58.09 - $69.92 $ 67.015%72403
George Soros 2014-03-31 Sold Out 0.01%$58.09 - $69.92 $ 67.015%0
Jeff Ubben 2013-12-31 Reduce -19.15%2.82%$49.45 - $60.89 $ 67.0121%25310116
Lee Ainslie 2013-12-31 Add 312.77%1.82%$49.45 - $60.89 $ 67.0121%3109127
John Hussman 2013-12-31 Reduce -55%0.77%$49.45 - $60.89 $ 67.0121%225000
Andreas Halvorsen 2013-12-31 Reduce -41.6%0.62%$49.45 - $60.89 $ 67.0121%3108762
Dodge & Cox 2013-12-31 Reduce -37.21%0.37%$49.45 - $60.89 $ 67.0121%10578204
George Soros 2013-12-31 New Buy0.01%$49.45 - $60.89 $ 67.0121%25000
Premium More recent guru trades are included for Premium Members only!!
Premium More recent guru trades are included for USA Subscribe Members only!!
» Interactive Charts

Peter Lynch Chart ( What is Peter Lynch Charts )

Top Ranked Articles about Adobe Systems Inc

What the Gurus Sold this Week
The following information is a highlight of the real-time guru activity we saw this week. To view more information on these gurus, check out their guru portfolios. “Real Time Picks” reports the stock purchases and sells that Gurus have made within the prior two weeks. If a Guru makes a purchase or sell of a company in which they own a greater-than 5% stake, SEC regulations require them to report their transaction within two days. Read more...

Ratios

vs
industry
vs
history
P/E(ttm) 140.50
ADBE's P/E(ttm) is ranked higher than
56% of the 1857 Companies
in the Global Software - Application industry.

( Industry Median: 46.60 vs. ADBE: 140.50 )
ADBE' s 10-Year P/E(ttm) Range
Min: 11.07   Max: 153.31
Current: 140.5

11.07
153.31
P/B 4.95
ADBE's P/B is ranked lower than
54% of the 1857 Companies
in the Global Software - Application industry.

( Industry Median: 2.70 vs. ADBE: 4.95 )
ADBE' s 10-Year P/B Range
Min: 1.9   Max: 10.94
Current: 4.95

1.9
10.94
P/S 8.30
ADBE's P/S is ranked lower than
64% of the 1857 Companies
in the Global Software - Application industry.

( Industry Median: 2.20 vs. ADBE: 8.30 )
ADBE' s 10-Year P/S Range
Min: 2.58   Max: 10.3
Current: 8.3

2.58
10.3
PFCF 32.37
ADBE's PFCF is ranked higher than
73% of the 1857 Companies
in the Global Software - Application industry.

( Industry Median: 9999.00 vs. ADBE: 32.37 )
ADBE' s 10-Year PFCF Range
Min: 7.8   Max: 38.13
Current: 32.37

7.8
38.13
EV-to-EBIT 78.77
ADBE's EV-to-EBIT is ranked higher than
64% of the 1857 Companies
in the Global Software - Application industry.

( Industry Median: 31.69 vs. ADBE: 78.77 )
ADBE' s 10-Year EV-to-EBIT Range
Min: 7.1   Max: 88.3
Current: 78.77

7.1
88.3
Shiller P/E 54.84
ADBE's Shiller P/E is ranked higher than
74% of the 1857 Companies
in the Global Software - Application industry.

( Industry Median: 9999.00 vs. ADBE: 54.84 )
ADBE' s 10-Year Shiller P/E Range
Min: 14.78   Max: 59.94
Current: 54.84

14.78
59.94
Current Ratio 1.91
ADBE's Current Ratio is ranked higher than
66% of the 1733 Companies
in the Global Software - Application industry.

( Industry Median: 1.89 vs. ADBE: 1.91 )
ADBE' s 10-Year Current Ratio Range
Min: 1.82   Max: 5.03
Current: 1.91

1.82
5.03
Quick Ratio 1.91
ADBE's Quick Ratio is ranked higher than
69% of the 1733 Companies
in the Global Software - Application industry.

( Industry Median: 1.78 vs. ADBE: 1.91 )
ADBE' s 10-Year Quick Ratio Range
Min: 1.82   Max: 5.03
Current: 1.91

1.82
5.03

Valuation & Return

vs
industry
vs
history
Price/Net Current Asset Value 216.17
ADBE's Price/Net Current Asset Value is ranked higher than
73% of the 1857 Companies
in the Global Software - Application industry.

( Industry Median: 9999.00 vs. ADBE: 216.17 )
ADBE' s 10-Year Price/Net Current Asset Value Range
Min: 4.96   Max: 3289
Current: 216.17

4.96
3289
Price/Tangible Book 22.34
ADBE's Price/Tangible Book is ranked higher than
54% of the 1857 Companies
in the Global Software - Application industry.

( Industry Median: 6.95 vs. ADBE: 22.34 )
ADBE' s 10-Year Price/Tangible Book Range
Min: 2.38   Max: 27.13
Current: 22.34

2.38
27.13
Price/DCF (Projected) 2.15
ADBE's Price/DCF (Projected) is ranked higher than
78% of the 1857 Companies
in the Global Software - Application industry.

( Industry Median: 5.12 vs. ADBE: 2.15 )
ADBE' s 10-Year Price/DCF (Projected) Range
Min: 0.52   Max: 5.38
Current: 2.15

0.52
5.38
Price/Median PS Value 1.27
ADBE's Price/Median PS Value is ranked higher than
64% of the 1857 Companies
in the Global Software - Application industry.

( Industry Median: 1.11 vs. ADBE: 1.27 )
ADBE' s 10-Year Price/Median PS Value Range
Min: 0.32   Max: 2.13
Current: 1.27

0.32
2.13
Price/Graham Number 11.59
ADBE's Price/Graham Number is ranked higher than
66% of the 1857 Companies
in the Global Software - Application industry.

( Industry Median: 8.00 vs. ADBE: 11.59 )
ADBE' s 10-Year Price/Graham Number Range
Min: 1.29   Max: 12.44
Current: 11.59

1.29
12.44
Earnings Yield (Greenblatt) 1.30
ADBE's Earnings Yield (Greenblatt) is ranked lower than
59% of the 1329 Companies
in the Global Software - Application industry.

( Industry Median: 6.30 vs. ADBE: 1.30 )
ADBE' s 10-Year Earnings Yield (Greenblatt) Range
Min: 1.1   Max: 14.2
Current: 1.3

1.1
14.2
Forward Rate of Return (Yacktman) -4.36
ADBE's Forward Rate of Return (Yacktman) is ranked higher than
53% of the 1332 Companies
in the Global Software - Application industry.

( Industry Median: 5.89 vs. ADBE: -4.36 )
ADBE' s 10-Year Forward Rate of Return (Yacktman) Range
Min: -4.1   Max: 26.3
Current: -4.36

-4.1
26.3

Business Description

Industry: Application Software » Software - Application
Compare:CRM, SQI, RHT, INTU, DASTY » details
Traded in other countries:ADB.Germany
Adobe Systems Inc was originally incorporated in California in October 1983 and was reincorporated in Delaware in May 1997. It is a global software company. The Company offers a line of software and services used by creative professionals, marketers, knowledge workers, application developers, enterprises and consumers for creating, managing, delivering, measuring, optimizing and engaging with compelling content and experiences across multiple operating systems, devices and media. The Company also distributes its products through a network of distributors, value-added resellers, systems integrators, independent software vendors, retailers and original equipment manufacturers. In addition, the Company licenses its technology to hardware manufacturers, software developers and service providers for use in their products and solutions. The Company offers some of its products via a Software-as-a-Service model as well as through term subscription and pay-per-use models. Its software runs on personal computers and server-based computers, as well as on smartphones, tablets and other devices, depending on the product. The Company has operations in the Americas, Europe, Middle East and Africa and Asia. It categorizes its products and services into the various businesses namely Creative and Interactive Solutions, Digital Media Solutions, Knowledge Worker, Enterprise, Omniture and Print and Publishing. Digital Media Solutions segment contains its professional imaging and video products and focuses on many of the same creative professional customers as its Creative and Interactive Solutions business. Knowledge Worker segment focuses on the needs of knowledge worker customers, providing essential applications and services to help them share information and collaborate. This segment contains Acrobat family of products and on-demand, web-based, electronic signature solutions resulting from its acquisition of EchoSign. Enterprise segment provides server-based Customer Experience Management Solutions to enterprise and government customers to optimize their information intensive customer-facing processes and improve the overall customer experience of their constituents. This segment contains Adobe Connect, Day and LiveCycle lines of products. Omniture segment provides web analytics and online business optimization products and services to manage and enhance online, offline and multi-channel marketing initiatives. Print and Publishing segment addresses market opportunities ranging from the diverse publishing needs of technical and business publishing to its legacy type and OEM printing businesses. The Company faces direct and indirect competition in the consumer digital imaging market, including ACD Systems, AI Soft (Japan), Apple, ArcSoft, Corel, i4 (Japan), Google, Kodak, Nova Development, Magix, Microsoft, Photodex Corporation, Sonic (owned by Rovi), Pinnacle (owned by Avid) and Sony. In addition, it also faces competition from device, hardware an
» More Articles for ADBE

Headlines

Articles On GuruFocus.com
OpenText: Above Average Prospects & Predictability Oct 21 2014 
Nuance's New Business Model Makes It a Better Investment Sep 30 2014 
Adobe Destined To Create Huge Difference In Creative Cloud Services Sep 24 2014 
Adobe: Cloud can help it to rebound. Sep 22 2014 
Are There Any Bright Spots In Adobe’s Financial Playbook Sep 18 2014 
Adobe´s Business Model Looks Good Aug 27 2014 
Adobe’s Progress Remains Unhindered Jul 09 2014 
Could Stocks Be Viewed as Currency? Jul 01 2014 
Weekly CEO Sells Highlight: Installed Building Products Inc, Express Scripts, Adobe Systems Inc, and Jun 22 2014 
Adobe All Set to Power for a Creative Future May 18 2014 

More From Other Websites
Nielsen TV Rating May Spur More Digital Streaming Oct 24 2014
The ratings system that could change the TV industry forever Oct 23 2014
Video Viewing on Mobile Devices Skyrockets Oct 22 2014
Tuesday’s Notable Options Activity: VIX Round Trip Oct 22 2014
Nielsen Rating Could Boost TV Online, Via Adobe Pact Oct 21 2014
Adobe Named a Leader in Enterprise Marketing Software Suites by Independent Research Firm Oct 21 2014
Adobe and Nielsen to Create Industry’s First Comprehensive Measurement Platform for Digital... Oct 21 2014
Nielsen, Adobe to measure online TV across multiple devices Oct 21 2014
Adobe and Nielsen To Create Industry's First Comprehensive Measurement Platform for Digital Content Oct 21 2014
Adobe and Nielsen to Create Industry’s First Comprehensive Measurement Platform for Digital... Oct 21 2014
Nielsen, Adobe to measure online TV across multiple devices Oct 21 2014
Adobe Report Shows Online TV Consumption Up 388 Percent Oct 20 2014
This startup helps your brand talk to online strangers Oct 17 2014
Audit: $600M business-incentive program flawed Oct 15 2014
Audit: $600M business-incentive program flawed Oct 15 2014
Tech workers ask appeals court to reject Apple, Google bid Oct 15 2014
Irish tax changes may cost U.S. groups billions Oct 14 2014
Adobe Positioned as a Leader in Gartner Magic Quadrant for Web Content Management Oct 14 2014
Adobe Launches Free Mobile Apps As Gateway To Creative Professions Oct 09 2014
How 3 Stocks Turned Activist Hedge Funds Into Long-Term Investors Oct 09 2014

Personalized Checklist








Within your circle of competence?
Macro economic environment favorable?
High quality business?
Enough margin of safety with stocks?
Gurus are buying?
Insiders are buying?
Management capable and shareholder friendly?
Catalyst for stock price to appreciate?
Your level of confidence with the research?

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK