FRA/ADB (FRA/ADB)

Frankfurt Stock Exchange: FRA/ADB · EUR

€225

-2.76 (-1.2%)· Recorded snapshot

Market cap	86.8B
Revenue (ttm)	22.4B
Net income (ttm)	6.3B
EPS (ttm)	€16.1
P/E (trailing)	14.0x
P/E (forward)	9.3x
Volume	0

Market data

Price

Recent price action with selectable time range.

Financial snapshot

Revenue (ttm): 22.4B
Net income (ttm): 6.3B
EPS (ttm): €16.1
P/E (trailing): 14.0x
P/E (forward): 9.3x
Market cap: 86.8B

Calendar

Next earnings

Upcoming earnings date and setup when available.

Upcoming

DateLoading

Window—

EPS estimate—

Revenue estimate—

Sector percentile context

Refreshed 2026-10-28 19:55 UTC

Forward P/E9.3

P25 n/aP50 n/aP75 n/a

Trailing P/E14

P25 n/aP50 n/aP75 n/a

ROE61.9

P25 n/aP50 n/aP75 n/a

ROIC57.2

P25 n/aP50 n/aP75 n/a

Benchmarks · 1M

S&P 500+0.5%

Nasdaq Composite-2.4%

Dow Jones Industrial Average+1.8%

Russell 2000+1.8%

All FRA/ADB indicators

Market & fundamental data

Available fields

247

Groups with data

Currency

USD

Showing 247 of 247 available metrics for this ticker.

Profile and market data

Ticker identity, listing, currency, market cap, and source dates.

Metric	Value
Amount currency	EUR
Country	United States
Country code	DE
Earnings date	2026-12-10
Employees	31,360
Employees change	651
Employees growth	2.12%
Enterprise value	EUR 87.8B
Exchange	Frankfurt Stock Exchange
Financial currency	USD
Financial report date	2026-08-28
First seen	2026-05-10
Fiscal year end	November
Founded	1982
Industry	Software - Application
Is primary listing	No
ISIN number	US00724F1012
Last earnings date	2026-09-10
Last refreshed	2026-10-28
Market cap	EUR 86.8B
Next earnings date	2026-12-10
Price	EUR 225.10
Price currency	EUR
Sector	Technology
SIC code	7370
Stock price date	2026-10-27
Symbol	fra/ADB
Website	https://www.adobe.com

Valuation

Multiples, yields, enterprise-value ratios, and valuation checks.

Metric	Value
Average P/E ratio (10Y)	42.67x
Average P/E ratio (3Y)	31.05x
Average P/E ratio (5Y)	35.65x
Earnings yield	7.15%
EV/Earnings	13.99x
EV/EBIT	10.37x
EV/EBITDA	9.78x
EV/FCF	9.62x
EV/Sales	3.77x
FCF / EV yield	10.4%
FCF yield	10.52%
Forward P/E	9.34x
Graham number	98.17398
Graham upside	-56.39%
Industry forward P/E	26.1x
Industry P/E	30.61x
Lynch fair value	EUR 81.43
Lynch upside	-63.83%
P/(FCF - SBC) ratio	11.82x
P/(OCF - SBC) ratio	11.53x
P/B ratio	8.56x
P/E ratio	13.99x
P/FCF ratio	9.51x
P/OCF ratio	9.32x
P/S ratio	3.88x
Price/EBITDA ratio	10.15x
Sector forward P/E	24.23x
Sector P/E	33.97x

Profitability

Margins, returns on capital, cash conversion, and quality metrics.

Metric	Value
EBIT margin	36.32%
EBITDA margin	38.19%
Effective tax rate	21.52%
FCF margin	39.13%
Gross margin	89.25%
Operating margin	36.32%
Pretax margin	35.74%
Profit margin	28.05%
Profit per employee	EUR 200,147
Profitable quarters	67
Profitable years	34
Revenue per employee	EUR 713,595
ROA	20.08%
ROA (5Y)	15.44%
ROCE	52.14%
ROE	61.9%
ROE (5Y)	38.92%
ROIC	57.22%
ROIC (5Y)	45.27%
SBC / revenue	7.97%
Tax / revenue	7.69%

Growth

Revenue, earnings, cash-flow, and forward growth indicators.

Metric	Value
EPS growth	11.66%
EPS growth (Q)	10.53%
EPS growth (QoQ)	8.71%
EPS growth 10Y	24.77%
EPS growth 3Y	17.25%
EPS growth 5Y	8.18%
EPS growth quarters	10
EPS growth years	4
FCF growth	10.35%
FCF growth (Q)	14.68%
FCF growth (QoQ)	15.71%
FCF growth 3Y	11.57%
FCF growth 5Y	9.94%
Gross profit growth	12.18%
Gross profit growth (Q)	12.18%
Gross profit growth 3Y	11.78%
Gross profit growth 5Y	11.73%
Net income growth	4.7%
Net income growth (Q)	3.1%
Net income growth (QoQ)	6.72%
Net income growth 3Y	12.46%
Net income growth 5Y	4.52%
Net income growth quarters	10
Net income growth years	3
OCF growth	10.36%
OCF growth (Q)	14.79%
OCF growth (QoQ)	16.54%
OCF growth 10Y	18.62%
OCF growth 3Y	10.4%
OCF growth 5Y	9.24%
Operating income growth	11.24%
Operating income growth (Q)	8.33%
Operating income growth 3Y	13.73%
Operating income growth 5Y	11.33%
Revenue growth	12.03%
Revenue growth (Q)	12.89%
Revenue growth (QoQ)	2.15%
Revenue growth 10Y	16.68%
Revenue growth 3Y	11.2%
Revenue growth 5Y	11.46%
Revenue growth quarters	50
Revenue growth years	12

Financial statements

Income-statement and cash-flow amounts, totals and per share.

Metric	Value
Capital expenditures	EUR -184.4M
Depreciation and amortization	EUR 434.7M
EBIT	EUR 8.1B
EBITDA	EUR 8.5B
EPS	EUR 16.09
Financing cash flow	EUR -8.1B
Free cash flow	EUR 9.1B
Free cash flow minus SBC	EUR 7.3B
Gross profit	EUR 20B
Income taxes	EUR 1.7B
Investing cash flow	EUR -1.8B
Net borrowing	EUR 218.2M
Net cash flow	EUR -536.8M
Net income	EUR 6.3B
Operating cash flow minus SBC	EUR 7.5B
Operating income	EUR 8.1B
Revenue	EUR 22.4B
Stock-based compensation	EUR 1.8B

Financial strength

Debt, cash, solvency, accounting-quality, and balance-sheet signals.

Metric	Value
Altman Z-Score	8.01
Book value per share	EUR 25.93
Debt / EBITDA	0.68
Debt / equity	0.58
Debt / FCF	0.64
Goodwill	EUR 12.6B
Interest coverage	36.28
Long-term assets	EUR 17.6B
Long-term liabilities	EUR 5B
Net cash (debt)	EUR -986.6M
Net cash / market cap	-1.14%
Net debt / EBITDA	0.12
Net debt / equity	0.1
Net debt / FCF	0.11
Piotroski F-Score	7
Property, plant and equipment	EUR 1.9B
Shareholders' equity	EUR 10.1B
Tangible book value	EUR -2.8B
Tangible book value per share	EUR -7.12
Total assets	EUR 25.8B
Total cash	EUR 4.9B
Total debt	EUR 5.8B
Total liabilities	EUR 15.7B

Liquidity

Current-asset coverage and working-capital efficiency metrics.

Metric	Value
Asset turnover	0.88
Current assets	EUR 8.2B
Current liabilities	EUR 10.7B
Current ratio	0.77
Net working capital	EUR -5.7B
Quick ratio	0.65
Working capital	EUR -2.4B
Working capital turnover	-17.5

Dividends and buybacks

Dividend yield, payout, buybacks, and shareholder-yield indicators.

Metric	Value
Buyback yield / dilution	6.22%
Dividend growth (3Y)	-9.66%
Dividend growth (5Y)	-23.36%
Dividend per share	EUR 0.00
Last dividend	EUR 0.01
Shareholder yield	6.22%

Performance and technicals

Returns, volatility, beta, momentum, RSI, and moving-average context.

Metric	Value
10Y price change	124.64%
10Y return CAGR	8.43%
10Y total return	124.64%
150-day SMA	EUR 211.34
15Y price change	1,032.01%
15Y return CAGR	17.56%
15Y total return	1,032.01%
1D price change	-1.21%
1M price change	7.73%
1M total return	7.73%
1W price change	3.19%
1W total return	3.19%
1Y price change	-26.08%
1Y return CAGR	-26.09%
1Y total return	-26.08%
20-day SMA	EUR 218.70
200-day SMA	EUR 215.86
3M price change	14.87%
3M total return	14.87%
3Y price change	-53.93%
3Y return CAGR	-22.76%
3Y total return	-53.93%
50-day SMA	EUR 223.35
50-day SMA vs 200-day SMA	50over200
52-week high	EUR 312.05
52-week high date	2025-10-28
52-week low	EUR 167.68
52-week low date	2026-06-18
5Y price change	-59.89%
5Y return CAGR	-16.7%
5Y total return	-59.89%
6M price change	9.17%
6M total return	9.17%
All-time high	EUR 621.40
All-time high date	2021-11-22
All-time low	EUR 15.69
All-time low date	2011-08-22
Average true range (ATR)	EUR 7.17
Average volume	343.1
Change from 52-week high	-27.86%
Change from 52-week low	34.24%
Change from all-time high	-63.78%
Change from all-time low	1,334.67%
Change from open	-2%
Day's gap	0.81%
High price	EUR 229.70
Low price	EUR 225.10
Monthly RSI	40.39
Open price	EUR 229.70
Position in 52-week range	0%
Previous close	EUR 227.85
Price vs 150-day SMA	6.51%
Price vs 20-day SMA	2.93%
Price vs 200-day SMA	4.28%
Price vs 50-day SMA	0.78%
Relative volume	0.12
RSI	52.88
Sharpe ratio	-0.61
Sharpe ratio (3Y)	-0.69
Sharpe ratio (5Y)	-0.42
Sortino ratio	-0.73
Sortino ratio (3Y)	-0.79
Sortino ratio (5Y)	-0.42
Volume	0
Weekly RSI	51
YTD price change	-24.58%
YTD total return	-24.58%

Ownership and float

Institutional, insider, float, short-interest, and share-count fields.

Metric	Value
Float	388M
Shares change (QoQ)	-1.74%
Shares change (YoY)	-6.22%
Shares held by insiders	0.17%
Shares held by institutions	87.52%
Short ratio	3.7 days

Deeper analysis on FRA/ADB

14 sections in the full report · jump straight to what you need

Forecast

Base and Bull forecast paths with report-date return framing.

→

Valuation

Fair-value bridge, DCF, owner earnings, and peer multiples.

→

Sensitivity

Cost-of-equity and terminal-growth stress table.

→

Risks

Kill scenarios, soft-pass flags, and downside catalysts.

→

Earnings

Next earnings setup and beat / inline / miss thresholds.

→

Position sizing

Entry, exit, conviction, and quarterly monitoring rules.

→

Financials

Revenue, margins, cash flow, and balance-sheet context.

→

Peers

Relative valuation and profitability against the cohort.

→

Moat

Economic-profit evidence and competitive advantage risk.

→

Industry cycle

Sector phase, capital cycle, and secular tailwinds.

→

Scorecard

Six-factor overlay and 9-category weighted scorecard.

→

Recommendation

Final action, action steps, opportunity, and biggest risk.

→

Perspectives

Growth, value, and income investor reads.

→

Frequently asked questions

About this FRA/ADB report

Is a complete FRA/ADB research report available?

No complete published report is available for fra/ADB (FRA/ADB) on this page. Market-directory data, when present, is not a substitute for a validated stock analysis.

Market cap

86.8B

Revenue (ttm)

22.4B

Net income (ttm)

6.3B

EPS (ttm)

€16.1

P/E (trailing)

14.0x

P/E (forward)

9.3x

Volume

Metric

Value

Amount currency

EUR

Country

United States

Country code

Earnings date

2026-12-10

Employees

31,360

Employees change

651

Employees growth

2.12%

Enterprise value

EUR 87.8B

Exchange

Frankfurt Stock Exchange

Financial currency

USD

Financial report date

2026-08-28

First seen

2026-05-10

Fiscal year end

November

Founded

1982

Industry

Software - Application

Is primary listing

ISIN number

US00724F1012

Last earnings date

2026-09-10

Last refreshed

2026-10-28

Market cap

EUR 86.8B

Next earnings date

2026-12-10

Price

EUR 225.10

Price currency

EUR

Sector

Technology

SIC code

7370

Stock price date

2026-10-27

Symbol

fra/ADB

Website

https://www.adobe.com

Metric

Value

Average P/E ratio (10Y)

42.67x

Average P/E ratio (3Y)

31.05x

Average P/E ratio (5Y)

35.65x

Earnings yield

7.15%

EV/Earnings

13.99x

EV/EBIT

10.37x

EV/EBITDA

9.78x

EV/FCF

9.62x

EV/Sales

3.77x

FCF / EV yield

10.4%

FCF yield

10.52%

Forward P/E

9.34x

Graham number

98.17398

Graham upside

-56.39%

Industry forward P/E

26.1x

Industry P/E

30.61x

Lynch fair value

EUR 81.43

Lynch upside

-63.83%

P/(FCF - SBC) ratio

11.82x

P/(OCF - SBC) ratio

11.53x

P/B ratio

8.56x

P/E ratio

13.99x

P/FCF ratio

9.51x

P/OCF ratio

9.32x

P/S ratio

3.88x

Price/EBITDA ratio

10.15x

Sector forward P/E

24.23x

Sector P/E

33.97x

Metric

Value

EBIT margin

36.32%

EBITDA margin

38.19%

Effective tax rate

21.52%

FCF margin

39.13%

Gross margin

89.25%

Operating margin

36.32%

Pretax margin

35.74%

Profit margin

28.05%

Profit per employee

EUR 200,147

Profitable quarters

Profitable years

Revenue per employee

EUR 713,595

ROA

20.08%

ROA (5Y)

15.44%

ROCE

52.14%

ROE

61.9%

ROE (5Y)

38.92%

ROIC

57.22%

ROIC (5Y)

45.27%

SBC / revenue

7.97%

Tax / revenue

7.69%

Metric

Value

EPS growth

11.66%

EPS growth (Q)

10.53%

EPS growth (QoQ)

8.71%

EPS growth 10Y

24.77%

EPS growth 3Y

17.25%

EPS growth 5Y

8.18%

EPS growth quarters

EPS growth years

FCF growth

10.35%

FCF growth (Q)

14.68%

FCF growth (QoQ)

15.71%

FCF growth 3Y

11.57%

FCF growth 5Y

9.94%

Gross profit growth

12.18%

Gross profit growth (Q)

12.18%

Gross profit growth 3Y

11.78%

Gross profit growth 5Y

11.73%

Net income growth

4.7%

Net income growth (Q)

3.1%

Net income growth (QoQ)

6.72%

Net income growth 3Y

12.46%

Net income growth 5Y

4.52%

Net income growth quarters

Net income growth years

OCF growth

10.36%

OCF growth (Q)

14.79%

OCF growth (QoQ)

16.54%

OCF growth 10Y

18.62%

OCF growth 3Y

10.4%

OCF growth 5Y

9.24%

Operating income growth

11.24%

Operating income growth (Q)

8.33%

Operating income growth 3Y

13.73%

Operating income growth 5Y

11.33%

Revenue growth

12.03%

Revenue growth (Q)

12.89%

Revenue growth (QoQ)

2.15%

Revenue growth 10Y

16.68%

Revenue growth 3Y

11.2%

Revenue growth 5Y

11.46%

Revenue growth quarters

Revenue growth years

Metric

Value

Capital expenditures

EUR -184.4M

Depreciation and amortization

EUR 434.7M

EBIT

EUR 8.1B

EBITDA

EUR 8.5B

EPS

EUR 16.09

Financing cash flow

EUR -8.1B

Free cash flow

EUR 9.1B

Free cash flow minus SBC

EUR 7.3B

Gross profit

EUR 20B

Income taxes

EUR 1.7B

Investing cash flow

EUR -1.8B

Net borrowing

EUR 218.2M

Net cash flow

EUR -536.8M

Net income

EUR 6.3B

Operating cash flow minus SBC

EUR 7.5B

Operating income

EUR 8.1B

Revenue

EUR 22.4B

Stock-based compensation

EUR 1.8B

Metric

Value

Altman Z-Score

8.01

Book value per share

EUR 25.93

Debt / EBITDA

0.68

Debt / equity

0.58

Debt / FCF

0.64

Goodwill

EUR 12.6B

Interest coverage

36.28

Long-term assets

EUR 17.6B

Long-term liabilities

EUR 5B

Net cash (debt)

EUR -986.6M

Net cash / market cap

-1.14%

Net debt / EBITDA

0.12

Net debt / equity

0.1

Net debt / FCF

0.11

Piotroski F-Score

Property, plant and equipment

EUR 1.9B

Shareholders' equity

EUR 10.1B

Tangible book value

EUR -2.8B

Tangible book value per share

EUR -7.12

Total assets

EUR 25.8B

Total cash

EUR 4.9B

Total debt

EUR 5.8B

Total liabilities

EUR 15.7B

Metric

Value

Asset turnover

0.88

Current assets

EUR 8.2B

Current liabilities

EUR 10.7B

Current ratio

0.77

Net working capital

EUR -5.7B

Quick ratio

0.65

Working capital

EUR -2.4B

Working capital turnover

-17.5

Metric

Value

Buyback yield / dilution

6.22%

Dividend growth (3Y)

-9.66%

Dividend growth (5Y)

-23.36%

Dividend per share

EUR 0.00

Last dividend

EUR 0.01

Shareholder yield

6.22%

Metric

Value

10Y price change

124.64%

10Y return CAGR

8.43%

10Y total return

124.64%

150-day SMA

EUR 211.34

15Y price change

1,032.01%

15Y return CAGR

17.56%

15Y total return

1,032.01%

1D price change

-1.21%

1M price change

7.73%

1M total return

7.73%

1W price change

3.19%

1W total return

3.19%

1Y price change

-26.08%

1Y return CAGR

-26.09%

1Y total return

-26.08%

20-day SMA

EUR 218.70

200-day SMA

EUR 215.86

3M price change

14.87%

3M total return

14.87%

3Y price change

-53.93%

3Y return CAGR

-22.76%

3Y total return

-53.93%

50-day SMA

EUR 223.35

50-day SMA vs 200-day SMA

50over200

52-week high

EUR 312.05

52-week high date

2025-10-28

52-week low

EUR 167.68

52-week low date

2026-06-18

5Y price change

-59.89%

5Y return CAGR

-16.7%

5Y total return

-59.89%

6M price change

9.17%

6M total return

9.17%

All-time high

EUR 621.40

All-time high date

2021-11-22

All-time low

EUR 15.69

All-time low date

2011-08-22

Average true range (ATR)

EUR 7.17

Average volume

343.1

Change from 52-week high

-27.86%

Change from 52-week low

34.24%

Change from all-time high

-63.78%

Change from all-time low

1,334.67%

Change from open

-2%

Day's gap

0.81%

High price

EUR 229.70

Low price

EUR 225.10

Monthly RSI

40.39

Open price

EUR 229.70

Position in 52-week range

Previous close

EUR 227.85

Price vs 150-day SMA

6.51%

Price vs 20-day SMA

2.93%

Price vs 200-day SMA

4.28%

Price vs 50-day SMA

0.78%

Relative volume

0.12

RSI

52.88

Sharpe ratio

-0.61

Sharpe ratio (3Y)

-0.69

Sharpe ratio (5Y)

-0.42

Sortino ratio

-0.73

Sortino ratio (3Y)

-0.79

Sortino ratio (5Y)

-0.42

Volume

Weekly RSI

YTD price change

-24.58%

YTD total return

-24.58%

Metric

Value

Float

388M

Shares change (QoQ)

-1.74%

Shares change (YoY)

-6.22%

Shares held by insiders

0.17%

Shares held by institutions

87.52%

Short ratio

3.7 days

FRA/ADB (FRA/ADB)

Price

Financial snapshot

Fair-value bridge

Latest news · FRA/ADB

Valuation

Profitability

Balance sheet

Trading

Next earnings

Sector percentile context

All FRA/ADB indicators

Profile and market data

Valuation

Profitability

Growth

Financial statements

Financial strength

Liquidity

Dividends and buybacks

Performance and technicals

Ownership and float

Deeper analysis on FRA/ADB

Frequently asked questions

FRA/ADB (FRA/ADB)

Price

Financial snapshot

Fair-value bridge

Latest news · FRA/ADB

Valuation

Profitability

Balance sheet

Trading

Next earnings

Sector percentile context

All FRA/ADB indicators

Profile and market data

Valuation

Profitability

Growth

Financial statements

Financial strength

Liquidity

Dividends and buybacks

Performance and technicals

Ownership and float

Deeper analysis on FRA/ADB

Frequently asked questions