SafetyMargin.ioSafetyMargin.io
BlogWatchlistCompare
Compare Stocks › ADBE vs MDT

Adobe Inc. (ADBE) vs Medtronic plc (MDT): Which Is the Better Buy in 2026?

As of 2026-06-19, ADBE is undervalued at $195, with a DCF intrinsic value of $558 and a margin of safety of 65%. MDT is fairly valued at $79, with an intrinsic value of $79 and a margin of safety of 0%. Of the two, ADBE has the wider margin of safety.

ADBE
Adobe Inc.
$195.16
VS
MDT
Medtronic plc
$79.34

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.
MDT
  • ★Gross margin of 65.4% indicates strong pricing power — typical of businesses with significant intellectual property or brand strength.

Key Valuation Metrics

Learn more →
ADBE
MDT
Valuation
$9.22B
Free Cash Flow
N/A
11.88%
FCF Yield
N/A
11.16
Trailing P/E
21.05
7.09
Forward P/E
12.38
Quality & Moat
37.82%
ROIC
7.92%
62.95%
ROE
9.93%
89.40%
Gross Margin
65.38%
0.57
PEG Ratio
1.60
Balance Sheet Safety
0.13
Net Debt / Equity
0.40
N/A
Interest Coverage
N/A
0.15
Net Debt / EBITDA
1.95
0.00%
Dividend Yield
3.54%
ADBE: 8Ties: 1MDT: 1
ADBEMDT

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. The dashed forward point is the forward P/E — today's price ÷ analyst consensus EPS.

MDT

Price ÷ Earnings Per Share — how many years of current earnings you're paying for at today's price. Lower P/E may indicate undervaluation. The dashed forward point is the forward P/E — today's price ÷ analyst consensus EPS.

Price ÷ Earnings Per Share — how many years of current earnings you're paying for at today's price. Lower P/E may indicate undervaluation. The dashed forward point is the forward P/E — today's price ÷ analyst consensus EPS.

$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
MDT
$16.10
created per $1 retained over 3 years
Exceptional Value Creator
Σ Retained
$1.23B
Δ Market Cap
+$19.72B
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

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
65.0% Margin of Safety
Price is 65.0% below estimated fair value
Current Price: $195.16
Fair Value: $558.28
Strongly undervalued
Undervalued
Fairly valued
Overvalued
Strongly overvalued
MDT
0.1% Margin of Safety
Price is 0.1% below estimated fair value
Current Price: $79.34
Fair Value: $79.42
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 $195?

-1.6%
Market-Implied Owner Earnings Growth
Standard FCF implies -4.0%

The market implies -1.6% Owner Earnings growth, below historical trends — potential opportunity.

Standard FCF implies a more demanding -4.0%, reflecting heavy growth investment expected to generate future returns.

MDT

Requires positive FCF to compute implied growth rate.

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.
MDT
65/100
Narrow Moat
70+ Wide · 40-69 Narrow · <40 None

Narrow moat with margin stability as the key competitive advantage. Improving roic consistency would strengthen the moat.

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.
MDT
-2.59
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 88.1%Retail & Other 11.7%
No. of Institutional Holders3,191
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.
MDT
Insiders 0.3%Institutions 89.5%Retail & Other 10.2%
No. of Institutional Holders3,027
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
MDT
0
Buys (3M)
1
Buys (12M)
Total value (12M): $462,750
JELLISON WILLIAM R
Director
$462,750
@ $92.55 · 2025-08-25
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
2
Sells (3M)
4
Sells (12M)
Total value (12M): $1.05M
FORUSZ JILLIAN
Officer
$185,915
@ $246.25 · 2026-04-30
DURN DANIEL J
Chief Financial Officer
$331,355
@ $248.02 · 2026-04-20
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
Direct ownership only · excludes indirect, option exercises, planned (10b5-1) sales & derivatives
MDT
1
Sells (3M)
4
Sells (12M)
Total value (12M): $9.32M
KIIL HARRY SKIP
Officer
$336,965
@ $80.44 · 2026-06-08
KIIL HARRY SKIP
Officer
$5.13M
@ $97.71 · 2026-02-19
SMITH GREGORY L
Officer
$3.06M
@ $101.95 · 2025-11-19
KIIL HARRY SKIP
Officer
$788,048
@ $91.58 · 2025-09-03
WALL BRETT A
Officer
$1.12M
@ $90.00 · 2025-01-24
WALL BRETT A
Officer
$792,038
@ $80.41 · 2025-01-08
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
FearGreed
🥶Extreme Fear(17/100)

"Mr. Market is panicking — potential buying opportunity if fundamentals are strong"

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.
MDT
FearGreed
😐Neutral(47/100)

"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: Extreme Fear (17)
MDT
⚪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 (47)
View ADBE Full AnalysisView MDT Full Analysis

Frequently Asked Questions: ADBE vs MDT

Is Adobe Inc. or Medtronic plc more undervalued in 2026?▼

Based on our discounted cash flow model, ADBE trades at a 65.0% margin of safety (intrinsic value $558 vs. price $195), compared to MDT's 0.1% margin of safety (intrinsic $79 vs. $79).

Which stock has a wider economic moat, Adobe Inc. or Medtronic plc?▼

ADBE scores 100/100 (Wide moat), while MDT scores 65/100 (Narrow moat). The moat score measures competitive advantage durability across ROIC consistency, margin stability, revenue predictability, and reinvestment efficiency.

Is Medtronic plc in financial distress?▼

MDT's Altman Z-Score of 2.9 places it in the Grey zone, signaling elevated bankruptcy risk. ADBE scores 8.8 (Safe zone). The Altman Z-Score is a five-factor model that predicts insolvency within two years; scores below 1.81 indicate significant distress.

Which stock has higher return on invested capital, Adobe Inc. or Medtronic plc?▼

ADBE earns 37.8% ROIC versus MDT's 7.9%. A higher ROIC means the company generates more profit per dollar of capital employed, a hallmark of durable competitive advantage in Buffett-style analysis.