Adobe Inc Stock Intrinsic Value – Adobe Reports 9.8% Increase in Total Revenue and 10.2% Increase in Net Income for Q2 FY2023
June 24, 2023
☀️Earnings Overview
On June 15 2023, Adobe Inc ($NASDAQ:ADBE). announced their financial results for the second quarter of FY2023 which ended on May 31 2023. Total revenue for the quarter was USD 4.8 billion, up 9.8% from the same period in the previous year. Net income also increased 10.2% to USD 1.3 billion.
Analysis – Adobe Inc Stock Intrinsic Value
GoodWhale has conducted an in-depth analysis of ADOBE INC‘s wellbeing and compiled a fair value assessment of the company. According to our proprietary Valuation Line, the fair value of ADOBE INC shares is around $555.6. This means that the current stock price of $490.9 is a good deal, as the shares are currently being traded at a fair price that is 11.6% undervalued. This presents a great opportunity for those looking to invest in ADOBE INC’s strong performance for the coming months. More…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Adobe Inc. More…
| Total Revenues | Net Income | Net Margin |
| 18.43k | 4.85k | 26.4% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Adobe Inc. More…
| Operations | Investing | Financing |
| 7.86k | 306 | -6.07k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Adobe Inc. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 27.84k | 13k | 32.35 |
Key Ratios Snapshot
Some of the financial key ratios for Adobe Inc are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 15.2% | 18.0% | 34.4% |
| FCF Margin | ROE | ROA |
| 40.3% | 27.3% | 14.2% |
Peers
Adobe Inc is a leading software company that offers a range of products, including Creative Cloud, Photoshop, and Acrobat. Its main competitors are Crowd Media Holdings Ltd, Creative Realities Inc, and PT Solusi Sinergi Digital Tbk.
– Crowd Media Holdings Ltd ($ASX:CM8)
Crowd Media Holdings Ltd is a social media and technology company. The company has a market cap of 15.12M as of 2022 and a Return on Equity of -36.63%. The company enables brands and celebrities to connect with their fans and followers through social media. The company also provides technology solutions for social media marketing and management.
– Creative Realities Inc ($NASDAQ:CREX)
Creative Realities, Inc. is a digital customer engagement company that designs, develops, and sells customer engagement solutions in the retail, hospitality, and museums and exhibitions markets worldwide. The company offers a portfolio of customer engagement solutions, including AReality, a cloud-based content management system that provides users with the ability to create, manage, and deliver content to AR/VR devices; and InReality, an AR/VR platform that enables users to create, manage, and deliver AR/VR experiences. It also provides turnkey systems integration services. The company was formerly known as Creative Realities, LLC and changed its name to Creative Realities, Inc. in July 2015. Creative Realities, Inc. was founded in 2010 and is headquartered in New York, New York.
Creative Realities Inc has a market cap of 12.84M as of 2022 and a Return on Equity of 9.18%. The company offers a portfolio of customer engagement solutions, including AReality, a cloud-based content management system that provides users with the ability to create, manage, and deliver content to AR/VR devices; and InReality, an AR/VR platform that enables users to create, manage, and deliver AR/VR experiences. It also provides turnkey systems integration services.
– PT Solusi Sinergi Digital Tbk ($IDX:WIFI)
In 2022, PT Solusi Sinergi Digital Tbk had a market capitalization of 410.06 billion Indonesian rupiah and a return on equity of 23.38%. The company provides digital printing, document management, and other related services in Indonesia.
Summary
ADOBE INC reported strong financial results for the second quarter of FY2023, ending May 31 2023. Total revenue increased 9.8% from the same period in the previous year to reach USD 4.8 billion. Net income also increased 10.2% to USD 1.3 billion.
These results indicate that ADOBE INC remains a sound investment opportunity, as the company continues to bring in consistent and reliable returns. The financials suggest that ADOBE INC is a healthy and growing company, making it an attractive option for investors seeking long-term stability.
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