
MI213: Intrinsic Value Analysis of Adobe (Mini-Episode)
The Intrinsic Value Podcast - The Investor’s Podcast Network
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Adobe Is a Key Component of the Nastak 100
To day, adobe is trading at around 400 forty dollars per share with a market cap of 205 billion. Since its ipo the stock has been a consistent out performer relative to the s an p 500. Despite the contraction in the stock price, the business is actually still growing. Management expects the company's revenue to grow 14 % over the next year,. and earnings per share to grow roughly seven % next year. Free cash flows grew at an average rate of return of 28 % over the past five years but we shouldn't put too much weight on that, as they were really starting from a low base five years ago.
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