Adobe Stock: A Titan Of Tech Worth Buying (NASDAQ:ADBE)

Adobe Logo on side of Building.

Santiaga

We believe Adobe, Inc (NASDAQ:ADBE) is currently trading about 9% higher than its intrinsic value but still rate it a Buy. Adobe is an outstanding business and enjoys a strong network effect, remarkably more than 400

Chart
Data by YCharts

Chart
Data by YCharts

Free Cash Flow to Equity Valuation

2022 Free cash flow

$5,941,800,000.00

Free cash flow growth

14.00%

Projected 2023 Free cash flow

$6,773,652,000.00

Risk-free rate

3.61%

Adjusted beta

1.15

Market risk premium

5.02%

Required return on Equity

9.38%

Shares outstanding

464,900,000

Total Equity Value

$146,711,111,111.11

Equity value per share

$315.58

Source link