Paying users zone. Data is covered by 
.
Get 1 month access to Adobe Inc. for $19.99, or
get full access to entire website for at least 3 months from $49.99.
We accept:
Adobe Inc. (ADBE)
Price to FCFE (P/FCFE)
Difficulty: Intermediate
Free Cash Flow to Equity (FCFE)
Adobe Inc., FCFE calculation
USD $ in thousands
Based on: 10-K (filing date: 2019-01-25), 10-K (filing date: 2018-01-22), 10-K (filing date: 2017-01-20), 10-K (filing date: 2016-01-19), 10-K (filing date: 2015-01-20), 10-K (filing date: 2014-01-21).
| Item | Description | The company |
|---|---|---|
| FCFE | Free cash flow to equity is the cash flow available to Adobe Inc.’s equity holders after all operating expenses, interest, and principal payments have been paid and necessary investments in working and fixed capital have been made. | Adobe Inc.’s FCFE increased from 2016 to 2017 and from 2017 to 2018. |
Price to FCFE Ratio, Current
Adobe Inc., current P/FCFE calculation, comparison to benchmarks
| No. shares of common stock outstanding | |
| Selected Financial Data (USD $) | |
| Free cash flow to equity (FCFE) (in thousands) | |
| FCFE per share | |
| Current share price (P) | |
| Ratio | |
| P/FCFE | |
| Benchmarks | |
| P/FCFE, Competitors | |
| Alphabet Inc. | |
| Facebook Inc. | |
| International Business Machines Corp. | |
| Intuit Inc. | |
| Microsoft Corp. | |
| Oracle Corp. | |
| salesforce.com inc. | |
| P/FCFE, Sector | |
| Software & Computer Services | |
| P/FCFE, Industry | |
| Technology | |
Based on: 10-K (filing date: 2019-01-25).
If company P/FCFE is lower then the P/FCFE of benchmark then company is relatively undervalued.
Otherwise, if company P/FCFE is higher then the P/FCFE of benchmark then company is relatively overvalued.
Price to FCFE Ratio, Historical
Adobe Inc., historical P/FCFE calculation, comparison to benchmarks
Based on: 10-K (filing date: 2019-01-25), 10-K (filing date: 2018-01-22), 10-K (filing date: 2017-01-20), 10-K (filing date: 2016-01-19), 10-K (filing date: 2015-01-20), 10-K (filing date: 2014-01-21).
1 Data adjusted for splits and stock dividends.
3 Close price on the filing date of Adobe Inc.’s Annual Report.
2018 Calculations
4 FCFE per share = FCFE ÷ No. shares of common stock outstanding
= ÷ =
5 P/FCFE = Share price ÷ FCFE per share
= ÷ =
| Ratio | Description | The company |
|---|---|---|
| P/FCFE | Price to free cash flow to equity is cash valuation indicator of stockholders’ equity. | Adobe Inc.’s P/FCFE ratio increased from 2016 to 2017 but then declined significantly from 2017 to 2018. |