Adobe

Competition, Costs and Playing Catchup Will Compress Margins

Goran_Damchevski

Not Invested

Equity Analyst

Published

01 Aug 23

Goran_Damchevski's Fair Value

US$317.27

14.1% overvalued

24 Sep

US$362.07

-28.7%

3.4%

-28.7%

3.4%

You can edit this narrative until May 14 2:39 AM. Then, changes will post as Updates.

Author's Valuation

US$317.3

14.1% overvalued

Goran_Damchevski's Fair Value

Narrative

Updates0

Goran_Damchevski'sFair Value

US$317.27

14.1% overvalued

Future estimation in

% p.a.

Decrease

Increase

Current revenue growth rate

8.20%

Software revenue growth rate

1.53%

Risk Level (Discount Rate)

Our default considers factors like the company's size, volatility, profitablity and country of operation.

Decrease

Increase

Current discount rate

8.56%

Calculation

US$8.54b

Earnings '29

20.00x

PE Ratio '29

US$170.82b

Market Cap '29

US$170.82b

Market Cap '29

385.66m

No. shares '29

US$442.92

Share Price '29

US$442.92 Share Price '29

Discounted to 2024 @ 6.90% p.a.

US$317.27

Fair Value '24