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AdobeXSWX:ADBE +4.33%86 EV-to-OCF is 10.49 as of Jul. 30, 2026, which is 66% below its 10-year median of 30.97. GuruFocus rates XSWX:ADBE with a GF Score™ of 86/100 and a GF Value™ of CHF476.44. Among 2,877 Software companies, Adobe ranks worse than 60.97% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Adobe's Enterprise Value is CHF86,997 Mil.
Adobe's Cash Flow from Operations for the trailing twelve months (TTM) ended in May. 2026 was CHF8,293 Mil. Therefore, Adobe's EV-to-OCF for today is 10.49.
The historical rank and industry rank for Adobe's EV-to-OCF or its related term are showing as below:
XSWX:ADBE'
s EV-to-OCF Range Over the Past 10 Years
Min: 7.62 Med: 30.97 Max: 52.17
Current: 10.13
During the past 13 years, the highest EV-to-OCF of Adobe was 52.17. The lowest was 7.62. And the median was 30.97.
XSWX:ADBE's EV-to-OCF is ranked worse than 60.97% of 2877
companies
in the Software industry
Industry Median: 6.71
vs XSWX:ADBE: 10.13
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
As of today (2026-07-30), Adobe's stock price is CHF214.50.
Adobe's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in May. 2026 was CHF13.828. Therefore, Adobe's PE Ratio (TTM) for today is 15.51.
Adobe (XSWX:ADBE) EV-to-OCF Explanation
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Adobe's share price for today is CHF214.50.
Adobe's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in May. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was CHF13.828.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Adobe EV-to-OCF Related Terms
Adobe EV-to-OCF Historical Data
* Premium members only.
The historical data trend for Adobe's EV-to-OCF can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
XSWX:ADBE vs CDNS, DDOG, SNOW: EV-to-OCF Comparison
For the Software - Application subindustry, Adobe's EV-to-OCF, along with its competitors' market caps and EV-to-OCF data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Adobe EV-to-OCF vs Software Industry
For the Software industry and Technology sector, Adobe's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Adobe's EV-to-OCF falls into.
Adobe's current Enterprise Value is CHF86,997 Mil.
Adobe's Cash Flow from Operations for the trailing twelve months (TTM) ended in May. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was CHF8,293 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Adobe (XSWX:ADBE) has a EV-to-OCF of 10.49 as of Jul. 30, 2026. This is 66% below median its historical median of 30.97. Over the past decade, Adobe's EV-to-OCF has ranged from 7.62 to 52.17. According to the industry distribution chart, Adobe ranks #1754 out of 2877 companies in the Software industry, placing it in the top 61%.
Is Adobe's EV-to-OCF too high?
Adobe's current EV-to-OCF of 10.49 is 66% below median its 10-year median of 30.97. Over the past 10 years, this metric has ranged from a low of 7.62 to a high of 52.17. The Software industry median EV-to-OCF is 6.71. Adobe's value of 10.49 is 56.3% above this industry median. Based on the distribution chart, Adobe ranks #1754 out of 2877 companies in the Software industry, which is below the industry midpoint. Overall, Adobe has a GF Score™ of 86/100, reflecting its overall financial health beyond just this single metric.
How does Adobe's EV-to-OCF compare to CDNS and DDOG?
According to the Software industry distribution chart, Adobe ranks #1754 out of 2877 companies for EV-to-OCF. This places Adobe in the lower half of its industry. The industry median EV-to-OCF is 6.71. Adobe's value of 10.49 is 56.3% above this benchmark. Historically, Adobe's own EV-to-OCF has ranged from 7.62 to 52.17 over the past decade. While the company's 10-year median is 30.97 vs. the industry median of 6.71, Adobe has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-OCF for a Software company?
The median EV-to-OCF among Software companies is 6.71, based on 2,877 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-OCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-OCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Adobe's current EV-to-OCF of 10.49 is 56.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the Software industry, the median EV-to-OCF is 6.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Adobe's current EV-to-OCF is 10.49, which is 66% below median its own 10-year median of 30.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Adobe stock overvalued right now?
Adobe (XSWX:ADBE) has a current EV-to-OCF of 10.49. The stock's GF Value™ is CHF476.44, compared to a current price of CHF214.50 — trading 55% below its estimated fair value. The current EV-to-OCF is 10.49, which is 66% below median its 10-year median of 30.97 and 56.3% above the Software industry median of 6.71. Adobe's overall GF Score™ is 86/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For Adobe (XSWX:ADBE), the current EV-to-OCF is 10.49 as of Jul. 30, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Adobe (XSWX:ADBE) Overvalued in 2026?
Based on GuruFocus' analysis, Adobe stock appears to be undervalued.
The current stock price of CHF214.50 is trading 55% below its estimated GF Value™ of CHF476.44.
Key valuation signals for XSWX:ADBE:
EV-to-OCF: 10.49 (66% below median its 10-year median of 30.97)
GF Value™: CHF476.44 vs. price of CHF214.50 (55% below fair value)
Industry Position: 56.3% above the Software median (#1754 of 2877)
No single metric tells the full story. See the XSWX:ADBE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Adobe provides content creation, document management, and digital marketing and advertising software and services to creative professionals and marketers for creating, managing, delivering, measuring, optimizing, and engaging with compelling content multiple operating systems, devices, and media. The company operates with three segments: digital media content creation, digital experience for marketing solutions, and publishing for legacy products (less than 5% of revenue).
86GF Score
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