ADBE  Adobe Systems Incorporated

Exchange

NASDAQ

Sector

Technology

Industry

Computer Software: Prepackaged Software

Market Cap.

54.47B

Excellent Cash Return on Invested Capital over the past 5 years

ADBE has efficiently invested its financial resources in buildings, projects, and equipment, resulting in strong returns. Annual Reports can be useful in identifying the cause of one-time events and future sustainability.

ADBE has created $23.33 of cash for every $100 invested.
Figures in USD. Fiscal year ends in November
20112012201320142015
Free Cash Flow 1.33B 1.23B 963.33M 1.14B 1.28B
divided by
Invested Capital 4.83B 5.16B 5.68B 4.55B 5.52B
Cash ROIC 27.61% 23.79% 16.96% 25.03% 23.25%

Poor Return on Equity over the past 5 years

ADBE has shown an inability to deliver strong results for shareholders. This could be due to poor management, ADBE operating in a highly competitive industry, or having a weak business in general.

ADBE has only generated $8.83 of Earnings for every $100 of Shareholders' Equity.
Figures in USD. Fiscal year ends in November
20112012201320142015
Net Income 832.85M 832.78M 289.99M 268.40M 629.55M
divided by
Stockholders' Equity 5.78B 6.67B 6.72B 6.78B 7.00B
Return on Equity 14.40% 12.49% 4.31% 3.96% 8.99%

Excellent Business Performance over the past 10 years

ADBE has been able to maintain profitability in good times and bad. This could mean ADBE has an extremely strong business or has the ability to scale down costs when needed. This should be a fairly resilient business, but double check for future sustainability by looking at its Risk Factors in the Annual Report.

ADBE has created positive free cash flow for 9 or more of the past 10 years.
Figures in USD. Fiscal year ends in November
2006200720082009201020112012201320142015
Free Cash Flow 843.99M 1.31B 1.17B 998.18M 943.35M 1.33B 1.23B 963.33M 1.14B 1.28B