Compare Stocks › ADBE vs CAT
Adobe Inc. (ADBE) vs Caterpillar Inc. (CAT)
ADBE
Adobe Inc.
$245.99
VS
CAT
Caterpillar Inc.
$688.65
Rewards
ADBE
- ★Adobe Inc. has maintained ROIC above 15% for 4 consecutive years, indicating a durable competitive advantage.
- ★Gross margin of 89.4% indicates strong pricing power — typical of businesses with significant intellectual property or brand strength.
- ★Adobe Inc. scores 100/100 on the Economic Moat Score (Wide Moat), with roic consistency as the strongest competitive dimension.
CAT
- ★Caterpillar Inc. has maintained ROIC above 10% for 4 consecutive years, suggesting solid business economics.
- ★Caterpillar Inc. scores 75/100 on the Economic Moat Score (Wide Moat), with roic consistency as the strongest competitive dimension.
- ★Free cash flow has grown at a 13.0% CAGR over the past 4 years, demonstrating strong earnings power growth.
Risks
ADBE
CAT
- ⚠FCF yield of 1.8% is below 3%, meaning the market is pricing in substantial future growth to justify the current price.
- ⚠Trailing P/E of 36.6x is 83% above the historical average of 20.0x — the stock trades at a premium to its own history.
- ⚠High leverage (2.07x debt/equity) combined with thin interest coverage (-1.0x) poses financial risk.
Key Valuation Metrics
Learn more →ADBE
CAT
Valuation
$9.29B
Free Cash Flow
$5.84B
9.20%
FCF Yield
1.81%
14.33
Trailing P/E
36.63
9.33
Forward P/E
24.87
Quality & Moat
40.36%
ROIC
13.09%
62.36%
ROE
41.67%
89.40%
Gross Margin
28.79%
1.29
PEG Ratio
N/A
Balance Sheet Safety
0.58
Debt / Equity
2.07
N/A
Interest Coverage
N/A
-0.02
Net Debt / EBITDA
2.49
N/A
Dividend Yield
0.88%
ADBE: 9Ties: 1CAT: 0
ADBECAT
Historical Fundamentals
Learn more →ADBE
Price ÷ Earnings Per Share — how many years of current earnings you're paying for at today's price. Lower P/E may indicate undervaluation.
CAT
Price ÷ Earnings Per Share — how many years of current earnings you're paying for at today's price. Lower P/E may indicate undervaluation.
Price ÷ Earnings Per Share — how many years of current earnings you're paying for at today's price. Lower P/E may indicate undervaluation.
$1 Retained Earnings Test
Learn more →ADBE
$-0.60
created per $1 retained over 3 years
Market Cap Declined
Σ Retained
$18.12B
Δ Market Cap
$-10.93B
Buffett's "$1 Test": For every $1 of earnings retained, has management created at least $1 of market value?
> $1 created per $1 retained = Value Creator · < $1 created = Value Destroyer
> $1 created per $1 retained = Value Creator · < $1 created = Value Destroyer
CAT
$6.48
created per $1 retained over 3 years
Exceptional Value Creator
Σ Retained
$22.05B
Δ Market Cap
+$142.85B
Buffett's "$1 Test": For every $1 of earnings retained, has management created at least $1 of market value?
> $1 created per $1 retained = Value Creator · < $1 created = Value Destroyer
> $1 created per $1 retained = Value Creator · < $1 created = Value Destroyer
Buffett's "$1 Test": For every $1 of earnings retained, has management created at least $1 of market value?
> $1 created per $1 retained = Value Creator · < $1 created = Value Destroyer
Discounted Cash Flow (DCF) Analysis
Learn more →ADBE
48.4% Margin of Safety
Price is 48.4% below estimated fair value
Current Price: $245.99
Strongly undervalued
Undervalued
Fairly valued
Overvalued
Strongly overvalued
Fair Value: $477.11
Strongly undervalued
Undervalued
Fairly valued
Overvalued
Strongly overvalued
CAT
14.7% Margin of Safety
Price is 14.7% below estimated fair value
Current Price: $688.65
Strongly undervalued
Undervalued
Fairly valued
Overvalued
Strongly overvalued
Fair Value: $807.79
Strongly undervalued
Undervalued
Fairly valued
Overvalued
Strongly overvalued
Reverse DCF — Market-Implied Growth
Learn more →ADBE
What growth rate is the market pricing in at $246?
+3.0%
Market-Implied Owner Earnings Growth
Standard FCF implies -0.7%
The market implies +3.0% Owner Earnings growth, below historical trends — potential opportunity.
Standard FCF implies a more demanding -0.7%, reflecting heavy growth investment expected to generate future returns.
CAT
What growth rate is the market pricing in at $689?
+17.2%
Market-Implied Owner Earnings Growth
Standard FCF implies +23.0%
The market implies +17.2% Owner Earnings growth, above historical trends.
Standard FCF implies a demanding +23.0%, reflecting heavy growth investment.
Economic Moat Score
Learn more →ADBE
100/100
Wide Moat
70+ Wide · 40-69 Narrow · <40 None
Wide moat with strength across all dimensions. ROIC Consistency is the standout factor.
Composite score measuring competitive advantage durability across four dimensions: returns above cost of capital, pricing power stability, revenue predictability, and capital efficiency. Based on 4 years of fundamental data.
CAT
75/100
Wide Moat
70+ Wide · 40-69 Narrow · <40 None
Wide moat with strength across all dimensions. ROIC Consistency is the standout factor.
Composite score measuring competitive advantage durability across four dimensions: returns above cost of capital, pricing power stability, revenue predictability, and capital efficiency. Based on 4 years of fundamental data.
Forensic Accounting
Learn more →ADBE
-2.85
Unlikely Manipulator
Above -1.78 = likely manipulator · -2.22 to -1.78 = grey zone
M-Score Trend
Beneish's 8-variable model estimates the probability of earnings manipulation. An M-Score above -1.78 signals elevated risk — companies in this range have historically been 3-5× more likely to be manipulating earnings. Scores between -2.22 and -1.78 fall in a grey zone warranting further investigation.
CAT
-2.43
Unlikely Manipulator
Above -1.78 = likely manipulator · -2.22 to -1.78 = grey zone
M-Score Trend
Beneish's 8-variable model estimates the probability of earnings manipulation. An M-Score above -1.78 signals elevated risk — companies in this range have historically been 3-5× more likely to be manipulating earnings. Scores between -2.22 and -1.78 fall in a grey zone warranting further investigation.
Beneish's 8-variable model estimates the probability of earnings manipulation. An M-Score above -1.78 signals elevated risk — companies in this range have historically been 3-5× more likely to be manipulating earnings. Scores between -2.22 and -1.78 fall in a grey zone warranting further investigation.
Ownership Breakdown
Learn more →ADBE
Insiders 0.2%Institutions 87.8%Retail & Other 11.9%
No. of Institutional Holders3,534
High insider ownership aligns management incentives with shareholders — a key signal in Buffett-style analysis. Institutional concentration can indicate smart-money conviction but also crowding risk.
CAT
Insiders 0.2%Institutions 72.6%Retail & Other 27.1%
No. of Institutional Holders4,271
High insider ownership aligns management incentives with shareholders — a key signal in Buffett-style analysis. Institutional concentration can indicate smart-money conviction but also crowding risk.
High insider ownership aligns management incentives with shareholders. Institutional concentration can indicate smart-money conviction but also crowding risk.
Insider Buying Activity
Learn more →ADBE
0
Buys (3M)
0
Buys (12M)
DURN DANIEL J
Chief Financial Officer
$507,758
@ $390.58 · 2025-03-20
RICKS DAVID A
Director
$998,946
@ $443.98 · 2025-01-28
Open market purchases · includes direct & indirect ownership · excludes option exercises
CAT
0
Buys (3M)
3
Buys (12M)
Total value (12M): $322,768
MACLENNAN DAVID W
Director
$170,658
@ $568.86 · 2025-11-06
MACLENNAN DAVID W
Director
$120,262
@ $320.70 · 2025-05-07
JOHNSON GERALD
Director
$31,848
@ $318.48 · 2025-05-02
JOHNSON GERALD
Director
$36,557
@ $365.57 · 2025-02-04
JOHNSON GERALD
Director
$39,857
@ $398.57 · 2024-12-04
JOHNSON GERALD
Director
$33,859
@ $338.59 · 2024-09-04
JOHNSON GERALD
Director
$35,640
@ $356.40 · 2024-05-20
MACLENNAN DAVID W
Director
$168,695
@ $337.39 · 2024-05-03
Open market purchases · includes direct & indirect ownership · excludes option exercises
Open market purchases · includes direct & indirect ownership · excludes option exercises.
Insider Selling Activity
Learn more →ADBE
1
Sells (3M)
3
Sells (12M)
Total value (12M): $711,495
DURN DANIEL J
Chief Financial Officer
$485,323
@ $294.85 · 2026-01-27
FORUSZ JILLIAN
Officer
$50,344
@ $337.88 · 2025-10-31
FORUSZ JILLIAN
Officer
$175,828
@ $380.58 · 2025-05-02
FORUSZ JILLIAN
Officer
$145,567
@ $435.83 · 2025-01-28
BELSKY SCOTT K
Officer
$2.05M
@ $431.61 · 2025-01-27
BANSE AMY L
Director
$333,300
@ $550.00 · 2024-12-06
FORUSZ JILLIAN
Officer
$327,987
@ $485.19 · 2024-10-29
BELSKY SCOTT K
Officer
$232,525
@ $483.42 · 2024-10-25
BELSKY SCOTT K
Officer
$1.14M
@ $511.48 · 2024-10-16
DURN DANIEL J
Chief Financial Officer
$3.35M
@ $515.44 · 2024-09-17
GARFIELD MARK S.
Officer
$52,089
@ $537.00 · 2024-07-25
BELSKY SCOTT K
Officer
$258,297
@ $537.00 · 2024-07-25
GARFIELD MARK S.
Officer
$85,255
@ $564.60 · 2024-07-16
BELSKY SCOTT K
Officer
$1.25M
@ $561.60 · 2024-07-16
RAO DANA J.D.
General Counsel
$3.56M
@ $525.51 · 2024-06-17
GARFIELD MARK S.
Officer
$138,735
@ $525.51 · 2024-06-17
GARFIELD MARK S.
Officer
$265,644
@ $447.97 · 2024-06-03
GARFIELD MARK S.
Officer
$389,630
@ $490.10 · 2024-05-06
BELSKY SCOTT K
Officer
$1.29M
@ $474.30 · 2024-05-02
GARFIELD MARK S.
Officer
$45,436
@ $468.41 · 2024-04-25
Direct ownership only · excludes indirect, option exercises, planned (10b5-1) sales & derivatives
CAT
14
Sells (3M)
24
Sells (12M)
Total value (12M): $156.13M
CREED JOSEPH E
Chief Executive Officer
$1.80M
@ $718.93 · 2026-03-05
SHURMAN RODNEY MICHAEL
Officer
$1.73M
@ $759.61 · 2026-02-23
SHURMAN RODNEY MICHAEL
Officer
$1.35M
@ $763.39 · 2026-02-17
SCHAUPP WILLIAM E
Officer
$742,802
@ $764.20 · 2026-02-17
FASSINO ANTHONY D.
Officer
$6.13M
@ $776.90 · 2026-02-13
KAISER JASON
Officer
$1.31M
@ $776.70 · 2026-02-12
DE LANGE BOB
Officer
$9.59M
@ $767.08 · 2026-02-11
FASSINO ANTHONY D.
Officer
$4.36M
@ $722.15 · 2026-02-06
DE LANGE BOB
Officer
$16.31M
@ $720.11 · 2026-02-06
DE LANGE BOB
Officer
$11.33M
@ $704.97 · 2026-02-04
FASSINO ANTHONY D.
Officer
$7.26M
@ $680.45 · 2026-02-02
JOHNSON DENISE C.
Officer
$26.66M
@ $681.08 · 2026-02-02
DE LANGE BOB
Officer
$10.91M
@ $682.99 · 2026-02-02
BONFIELD ANDREW ROBERT JOHN
Chief Financial Officer
$5.75M
@ $575.06 · 2025-12-31
BONFIELD ANDREW ROBERT JOHN
Chief Financial Officer
$5.71M
@ $571.44 · 2025-12-01
KAISER JASON
Officer
$6.03M
@ $563.60 · 2025-11-11
FASSINO ANTHONY D.
Officer
$4.67M
@ $570.18 · 2025-11-10
SCHAUPP WILLIAM E
Officer
$686,664
@ $572.22 · 2025-11-05
DE LANGE BOB
Officer
$8.23M
@ $562.36 · 2025-11-05
UMPLEBY DONALD JAMES III
Officer
$8.67M
@ $505.29 · 2025-10-10
UMPLEBY DONALD JAMES III
Officer
$7.94M
@ $462.65 · 2025-09-22
UMPLEBY DONALD JAMES III
Officer and Director
$7.09M
@ $412.87 · 2025-09-02
SCHWAB SUSAN C
Director
$952,840
@ $410.00 · 2025-08-15
KAISER JASON
Officer
$902,650
@ $417.70 · 2025-08-11
KAISER JASON
Officer
$860,148
@ $354.70 · 2025-02-18
BONFIELD ANDREW ROBERT JOHN
Chief Financial Officer
$3.80M
@ $380.09 · 2025-01-16
FASSINO ANTHONY D.
President
$2.57M
@ $408.59 · 2024-11-29
BONFIELD ANDREW ROBERT JOHN
Chief Financial Officer
$4.05M
@ $405.36 · 2024-11-25
SCHWAB SUSAN C
Director
$766.00
@ $383.00 · 2024-11-15
DE LANGE BOB
Officer
$5.19M
@ $410.25 · 2024-11-07
FASSINO ANTHONY D.
President
$2.26M
@ $409.84 · 2024-11-06
DICKINSON DANIEL M
Director
$543,400
@ $418.00 · 2024-11-06
JOHNSON CHERYL H
Officer
$1.01M
@ $378.84 · 2024-11-04
SCHAUPP WILLIAM E
Officer
$368,789
@ $380.98 · 2024-11-01
FASSINO ANTHONY D.
Officer
$1.12M
@ $351.36 · 2024-08-30
JOHNSON CHERYL H
Officer
$1.02M
@ $342.48 · 2024-08-22
JOHNSON CHERYL H
Officer
$527,800
@ $350.00 · 2024-07-16
JOHNSON CHERYL H
Officer
$512,720
@ $340.00 · 2024-05-30
DE LANGE BOB
Officer
$7.80M
@ $356.90 · 2024-05-13
Direct ownership only · excludes indirect, option exercises, planned (10b5-1) sales & derivatives
Direct ownership only · excludes indirect, option exercises, planned (10b5-1) sales & derivatives.
🎭 Mr. Market's Mood
Learn more →ADBE
😨Fear(27/100)
"Market is pessimistic — investigate whether fears are temporary or structural"
Composite sentiment score based on 6 market signals. Inspired by Buffett's "Mr. Market" allegory — fear = potential opportunity, greed = potential risk. Must be used alongside fundamental analysis, not in isolation.
CAT
😐Neutral(54/100)
"Market is pricing this stock without strong emotion in either direction"
Composite sentiment score based on 6 market signals. Inspired by Buffett's "Mr. Market" allegory — fear = potential opportunity, greed = potential risk. Must be used alongside fundamental analysis, not in isolation.
Composite sentiment score based on market signals. Inspired by Buffett’s "Mr. Market" allegory — fear = potential opportunity, greed = potential risk. Must be used alongside fundamental analysis, not in isolation.
⚖️ Buffett Signal
Learn more →ADBE
⚪Awaiting DCF Data
The Buffett Signal cross-references market sentiment with DCF valuation. Configure the DCF Analysis above to generate a signal.
DCF Margin of Safety: N/AMr. Market's Mood: Fear (27)
CAT
⚪Awaiting DCF Data
The Buffett Signal cross-references market sentiment with DCF valuation. Configure the DCF Analysis above to generate a signal.
DCF Margin of Safety: N/AMr. Market's Mood: Neutral (54)