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Looking up the ticker with the regulator···
0s · usually 20–30 seconds for a cold read
Adobe Inc.
Rule-based classification of fundamentals against the sector. Not a price forecast and not investment advice.
Signals align: quality at a discount to the sector
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5 of 5 met · composite above the peer average
Business quality, valuation against the sector, and position in the 52-week range — whether they line up or not.
Stable quality
Profitability
4/4
Debt & liquidity
1/3
Efficiency
2/2
Valuation sits well below the sector in a business that earns at the top of it: the P/E of 16.8× runs -60% below the sector median 42.3×, while ROE of 55.4% exceeds the sector median 32.1% by +73% and operating margin of 36.6% leads the sector median 29.2% by +25%. FCF yield of 8.6% is +351% above the sector median 1.9%, and the F-Score of 7/9 points to a business generating real cash with stable leverage. Growth is the more measured part of the picture: revenue grew 10.5% year over year against a sector median of 11.8%, and EPS grew 35.1% against a median of 31.1%. The forward axis carries a caveat — the beat rate over the last eight quarters is weak, yet the realized three-year EPS CAGR per SEC filings reads as strong; consensus models further growth, though analyst forecasts carry a well-documented optimistic bias of roughly 10%.
| Ticker | Name | F-Score | ROE | Revenue YoY | Op. margin |
|---|---|---|---|---|---|
| AAPL | Apple | 8/9 | 171% | +6% |
Quarter-by-quarter classification · a retrospective read by the current logic · not a price forecast
Rule-based classification of fundamentals against the sector. Not a price forecast and not investment advice. The method did not see these quarters in real time; this is the current logic applied to past reports.
The market prices in earnings growth; analyst sentiment is steady; has mostly beaten consensus.
Price against next year's expected earnings. The forward P/E already carries analyst optimism — read it alongside the “Versus consensus” line.
A forward P/E below the current one means the market expects earnings to grow; above it, to fall. The historical growth is realized figures from SEC filings, not a forecast.
The three-month change in the share of positive analyst ratings. This is sentiment, not an earnings-estimate revision, and not a call to act.
When Adobe reports on September 10, track revenue growth year over year alongside free cash flow — the current FCF yield of 1.90% sits 4.5× above the sector median, and any compression there would matter. Also check whether the F-Score profitability block holds its 4/4 reading.
Pull Adobe's most recent 10-K on SEC EDGAR and focus on the Leverage and Liquidity section — the F-Score flags only 1/3 there, and the current ratio of 1.30 runs 23% below the sector median. Management's discussion should clarify whether short-term obligations or cash deployment explain that gap.
In section 06, pick two or three companies yourself and line up a single valuation metric — EV/EBITDA, for instance, where Adobe stands at 33.2×. That exercise puts Adobe's 60%-below-median reading in concrete peer context without requiring a full screen.
Steps you can check yourself, based on the figures in this brief.
Piotroski F-Score: nine binary tests of financial strength from the annual report. A ✓ marks a test passed, a dot (·) a test failed.
Over 4 years: +7%-6%+13%+25%
Over 4 years: 0.520.480.540.65
Over 4 years: +12%+10%+11%+11%
The context on the right shows how each figure compares with the sector median. The trend below tracks the change over recent fiscal years.
Beat consensus in 8 of 8 recent quarters — the company clears estimates regularly (consensus is often set conservatively).
Last quarter's EPS against consensus, plus the estimated date of the next report.
| 32% |
| ACN | Accenture | 4/9 | 26% | +7% | 15% |
| ADBE | Adobe Inc. | 7/9 | 55% | +11% | 37% |
| AMAT | Applied Materials | 6/9 | 36% | +4% | 29% |
| AMD | Advanced Micro Devices | 7/9 | 7% | +34% | 11% |
| AVGO | Broadcom | 7/9 | 43% | +24% | 40% |
| CRM | Salesforce | 7/9 | 12% | +10% | 20% |
| CSCO | Cisco | 8/9 | 22% | +5% | 21% |
| IBM | IBM | 6/9 | 35% | +8% | — |
| INTC | Intel | 6/9 | -0% | -0% | -4% |
| INTU | Intuit | 8/9 | 20% | +16% | 26% |
| MSFT | Microsoft | 6/9 | 34% | +18% | 47% |
| NOW | ServiceNow | 4/9 | 15% | +21% | 14% |
| NVDA | NVIDIA | 3/9 | 101% | +65% | 60% |
| ORCL | Oracle | 5/9 | 54% | +17% | 31% |
| TXN | Texas Instruments | 7/9 | 30% | +13% | 34% |
A sample of 16 companies in the sector including the target, alphabetical, unranked. Data from the latest SEC annual reports.
Rule-based classification of fundamentals against the sector. Not a price forecast and not investment advice.
A simplified retrospective read: no analyst forecast (not available historically); the source is the annual report as of the date, so neighbouring quarters can rest on the same data. Quarters with the same classification in a row are merged into one row — each row is one change in the read, not a separate quarter. One ticker is an illustration of the classification logic, not statistics. How we calculate →
The last few quarters are recent context, not a fixed rate. Consensus for near quarters is set low, so companies clear it routinely; over long horizons the forecasts run the other way, too high.
A description of what the market and analysts expect. Not a price forecast and not investment advice. Analyst forecasts run systematically optimistic over long horizons — read them with that discount.