AdobeXSWX:ADBE 84 10-Year ROIIC % is 32.81 as of Nov. 2025. GuruFocus rates XSWX:ADBE with a GF Score™ of 84/100 and a GF Value™ of CHF495.23 (Significantly Undervalued). Among 2,119 Software companies, Adobe ranks better than 82.49% on this metric.
10-Year Return on Invested Incremental Capital (10-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 10-year.
Adobe's 10-Year ROIIC % for the quarter that ended in Nov. 2025 was 32.81%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Adobe's 10-Year ROIIC % or its related term are showing as below:
XSWX:ADBE's 10-Year ROIIC % is ranked better than 82.49% of 2119
companies
in the Software industry
Industry Median: 4.19
vs XSWX:ADBE: 32.81
Adobe (XSWX:ADBE) 10-Year ROIIC % Explanation
Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.
High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
Be Aware
It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.
Adobe 10-Year ROIIC % Related Terms
Adobe 10-Year ROIIC % Historical Data
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The historical data trend for Adobe's 10-Year ROIIC % 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 DDOG, SNOW, INTU: 10-Year ROIIC % Comparison
For the Software - Application subindustry, Adobe's 10-Year ROIIC %, along with its competitors' market caps and 10-Year ROIIC % 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 10-Year ROIIC % vs Software Industry
For the Software industry and Technology sector, Adobe's 10-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Adobe's 10-Year ROIIC % falls into.
* 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.
** Annual data of NOPAT and Invested Capital was used to calculate 10-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.
Adobe (XSWX:ADBE) has a 10-Year ROIIC % of 32.81 as of Nov. 2025. 10-Year ROIIC % measures the change in earnings as a percentage of change in investment over 10-year. View historical data on Adobe and its competitors. According to the industry distribution chart, Adobe ranks #371 out of 2119 companies in the Software industry, placing it in the top 17.5%.
Is Adobe's 10-Year ROIIC % too high?
Adobe's current 10-Year ROIIC % is 32.81. The Software industry median 10-Year ROIIC % is 4.19. Adobe's value of 32.81 is 683.1% above this industry median. Based on the distribution chart, Adobe ranks #371 out of 2119 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Adobe has a GF Score™ of 84/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Adobe's 10-Year ROIIC % compare to DDOG and SNOW?
According to the Software industry distribution chart, Adobe ranks #371 out of 2119 companies for 10-Year ROIIC %. This places Adobe in the top 18% of its industry — outperforming the majority of peers. The industry median 10-Year ROIIC % is 4.19. Adobe's value of 32.81 is 683.1% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 10-Year ROIIC % for a Software company?
The median 10-Year ROIIC % among Software companies is 4.19, based on 2,119 companies in the industry. Companies in the top quartile (top 25%) have a 10-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 10-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Adobe's current 10-Year ROIIC % of 32.81 is 683.1% 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 10-Year ROIIC % mean?
A high 10-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 10-Year ROIIC % measures the change in earnings as a percentage of change in investment over 10-year. View historical data on Adobe and its competitors. For the Software industry, the median 10-Year ROIIC % is 4.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Adobe's current 10-Year ROIIC % is 32.81. 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?
Based on GuruFocus' analysis, Adobe (XSWX:ADBE) is currently considered Significantly Undervalued. The stock's GF Value™ is CHF495.23, compared to a current price of CHF183.44 — trading 63% below its estimated fair value. The current 10-Year ROIIC % is 32.81 and 683.1% above the Software industry median of 4.19. Adobe's overall GF Score™ is 84/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 10-Year ROIIC % calculated?
10-Year ROIIC % is calculated from a company's financial statements. For Adobe (XSWX:ADBE), the current 10-Year ROIIC % is 32.81 as of Nov. 2025. 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 CHF183.44 is trading 63% below its estimated GF Value™ of CHF495.23.
GuruFocus considers Adobe to be Significantly Undervalued.
Key valuation signals for XSWX:ADBE:
10-Year ROIIC %: 32.81
GF Value™: CHF495.23 vs. price of CHF183.44 (63% below fair value)
Industry Position: 683.1% above the Software median (#371 of 2119)
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).
84GF Score
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