Réponses

• 3 Réponses trié par Votes Date
• Olorrain

  décembre 2019 Vote Up0Vote Down

  Ah oui, le Consensus Forward P/E: 31.35
  
  
• Jon

  août 2020 Vote Up0Vote Down

  Nouvelle position ce matin!
  
  C'est pas "valeur" mais relativement raisonable compare a d'autres titres Cloud (payer ~40x P/E-futur pour un un titre avec un ROE de 35, je peux vivre avec ca).  Le titre a 31% YTD a monte moins qu d'autres les secturs "hot". Cher, mais achetable...  
  
  
  J'aime comment Adobe est un mix de plusieurs tendances de Cloud, teletraveil (esignature), CRM... et eCommerce (ca, je ne le savais pas!):
  
  Deux bon primer sur Adobe qui ont fini mon analyze:
  
  https://www.fool.com/investing/2020/07/25/got-3000-invest-no-brainer-stocks-cloud-computing.aspx
  

  Adobe: one of the original software-as-a-service providers

  No longer content to offer just its creative software, Adobe has a wide range of products including marketing services, customer relationship management, and analytics tools. Over the past couple of years, the company has made several major acquisitions, pushing it further into marketing and even e-commerce.
  

  Adobe has produced record revenue that has grown in each of the past 21 consecutive quarters. In the second quarter, revenue grew 14% year over year, a deceleration from its recent growth, but impressive nonetheless considering the economic environment wrought by the pandemic. The bottom line grew at an even faster pace, with operating income increasing by 35%. 

  The rapid transition to remote work put several of Adobe's businesses front and center. The demand for digital documents surged, with the use of Adobe PDF services climbing 40% sequentially, while the number of documents shares in Acrobat jumped 50% year over year. The company also experienced accelerating adoption for Adobe Sign, its e-signature solution, which has soared 175% so far this year. Installations of Adobe Reader increased 43%, while those of Adobe Scan climbed 66%. 

  
  

  How Cloud Solutions Brought Adobe to the Top

  https://www.fool.com/investing/2020/06/26/how-cloud-solutions-brought-adobe-to-the-top.aspx
  

  Well-known for its Creative Cloud products, such as Photoshop and Lightroom, Adobe also offers data analytics to help businesses analyze and understand their audience, manage their information, and increase customer engagement. Its less recognized but still powerful e-commerce platform, Magento Commerce, provides an excellent value proposition for businesses that have already moved to subscription-style services or deal with complicated order structures. 
  
• Olorrain

  septembre 2022 septembre 2022 modifié Vote Up0Vote Down

  Adobe acquiert le Figma, un SaaS en design d’interface, pour un montant de 20 milliards. (2x l’évaluation du dernier round d’investissement en 2021). Figma fera environ 400MM en revenus récurrents en 2022
  
  C’est toutefois un peu étonnant le prix payé à moins que Adobe voit qu’il perde du terrain dans ce type de logiciel.
  
  Par ailleurs, j’utilise Figma et c’est vrai que c’est très efficace dans le design d’interface. La collaboration et la communauté qui existent autour de Figma sont géniales.
  
  https://www.cnbc.com/amp/2022/09/15/figma-investors-score-historic-coup-with-adobe-deal-in-down-year-.html