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Compare Stocks › ADBE vs TSCO

Adobe Inc. (ADBE) vs Tractor Supply Company (TSCO)

ADBE
Adobe Inc.
$245.99
VS
TSCO
Tractor Supply Company
$46.18

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.
TSCO
  • ★Tractor Supply Company has maintained ROIC above 10% for 4 consecutive years, suggesting solid business economics.
  • ★Tractor Supply Company scores 86/100 on the Economic Moat Score (Wide Moat), with revenue predictability as the strongest competitive dimension.
  • ★Return on equity has consistently exceeded 20% over 4 years, indicating efficient use of shareholder capital.

Risks

ADBE
    TSCO
    • ⚠High leverage (2.30x debt/equity) combined with thin interest coverage (-1.0x) poses financial risk.
    • ⚠6 insider sales totaling $12.0M with no purchases in the past 3 months — insiders are reducing their exposure.

    Key Valuation Metrics

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    ADBE
    TSCO
    Valuation
    $9.29B
    Free Cash Flow
    $740.49M
    9.20%
    FCF Yield
    3.05%
    14.33
    Trailing P/E
    22.42
    9.33
    Forward P/E
    19.22
    Quality & Moat
    40.36%
    ROIC
    10.99%
    62.36%
    ROE
    42.46%
    89.40%
    Gross Margin
    36.42%
    1.29
    PEG Ratio
    N/A
    Balance Sheet Safety
    0.58
    Debt / Equity
    2.30
    N/A
    Interest Coverage
    N/A
    -0.02
    Net Debt / EBITDA
    2.93
    N/A
    Dividend Yield
    2.08%
    ADBE: 9Ties: 1TSCO: 0
    ADBETSCO

    Historical Fundamentals

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    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.

    TSCO

    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

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    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
    TSCO
    $0.82
    created per $1 retained over 3 years
    Mediocre Allocator
    Σ Retained
    $1.89B
    Δ Market Cap
    +$1.55B
    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

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    ADBE
    48.4% Margin of Safety
    Price is 48.4% below estimated fair value
    Current Price: $245.99
    Fair Value: $477.11
    Strongly undervalued
    Undervalued
    Fairly valued
    Overvalued
    Strongly overvalued
    TSCO
    11.4% Overvalued
    Price is 11.4% above estimated fair value
    Current Price: $46.18
    Fair Value: $41.46
    Strongly undervalued
    Undervalued
    Fairly valued
    Overvalued
    Strongly overvalued

    Reverse DCF — Market-Implied Growth

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    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.

    TSCO

    What growth rate is the market pricing in at $46?

    +12.0%
    Market-Implied Owner Earnings Growth
    Standard FCF implies +17.4%

    The market implies +12.0% Owner Earnings growth, above historical trends.

    Standard FCF implies a demanding +17.4%, reflecting heavy growth investment.

    Economic Moat Score

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    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.
    TSCO
    86/100
    Wide Moat
    70+ Wide · 40-69 Narrow · <40 None

    Wide moat with strength across all dimensions. Revenue Predictability 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

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    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.
    TSCO
    -2.60
    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

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    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.
    TSCO
    Insiders 0.3%Institutions 99.6%Retail & Other 0.1%
    No. of Institutional Holders1,656
    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

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    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
    TSCO
    0
    Buys (3M)
    0
    Buys (12M)
    No open market insider purchases found.
    Open market purchases · includes direct & indirect ownership · excludes option exercises

    Open market purchases · includes direct & indirect ownership · excludes option exercises.

    Insider Selling Activity

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    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
    TSCO
    6
    Sells (3M)
    19
    Sells (12M)
    Total value (12M): $25.03M
    YANKEE COLIN
    Officer
    $618,263
    @ $55.35 · 2026-02-13
    ESTEP JONATHAN S
    Officer
    $3.23M
    @ $54.03 · 2026-02-11
    MILLS ROBERT D.
    Chief Technology Officer
    $3.41M
    @ $54.12 · 2026-02-11
    BARTON KURT D.
    Chief Financial Officer
    $101,378
    @ $53.81 · 2026-02-10
    BARTON KURT D.
    Chief Financial Officer
    $104,050
    @ $53.94 · 2026-02-06
    LAWTON HARRY A III
    Chief Executive Officer
    $4.50M
    @ $53.16 · 2026-02-03
    KERSEY MELISSA
    Officer
    $377,426
    @ $59.79 · 2025-08-13
    WEIKEL MARK J
    Director
    $479,360
    @ $59.92 · 2025-08-07
    YANKEE COLIN
    Officer
    $390,121
    @ $58.40 · 2025-07-28
    ELLISON-SOUTHALL NONI L
    General Counsel
    $332,592
    @ $63.96 · 2025-07-24
    BARTON KURT D.
    Chief Financial Officer
    $5.76M
    @ $63.96 · 2025-07-24
    JACKSON DENISE L
    Director
    $68,152
    @ $58.50 · 2025-07-22
    JACKSON DENISE L
    Director
    $115,500
    @ $57.75 · 2025-07-10
    JACKSON DENISE L
    Director
    $57,000
    @ $57.00 · 2025-07-09
    ESTEP JONATHAN S
    Officer
    $2.01M
    @ $56.00 · 2025-07-07
    JACKSON DENISE L
    Director
    $258,965
    @ $55.93 · 2025-07-07
    JACKSON DENISE L
    Director
    $85,250
    @ $55.00 · 2025-07-02
    ESTEP JONATHAN S
    Officer
    $3.00M
    @ $53.00 · 2025-06-23
    RUBIN MATTHEW LAWRENCE
    President
    $145,446
    @ $51.76 · 2025-05-14
    RUBIN MATTHEW LAWRENCE
    Officer
    $222,091
    @ $57.69 · 2025-02-20
    BARTON KURT D.
    Chief Financial Officer
    $680,176
    @ $56.00 · 2025-02-13
    YANKEE COLIN
    Officer
    $1.33M
    @ $54.15 · 2025-02-11
    KERSEY MELISSA
    Officer
    $494,472
    @ $53.17 · 2025-02-06
    LAWTON HARRY A III
    Chief Executive Officer
    $4.81M
    @ $54.59 · 2025-02-03
    BARTON KURT D.
    Chief Financial Officer
    $6.96M
    @ $295.64 · 2024-10-01
    BARTON KURT D.
    Chief Financial Officer
    $3.02M
    @ $275.00 · 2024-08-28
    RUBIN MATTHEW LAWRENCE
    Officer
    $141,669
    @ $262.35 · 2024-08-12
    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
    😨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.
    TSCO
    FearGreed
    😨Fear(31/100)

    "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.

    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)
    TSCO
    ⚪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 (31)
    View ADBE Full AnalysisView TSCO Full Analysis
    Adobe Inc. (ADBE) vs Tractor Supply Company (TSCO) Stock Comparison | SafetyMargin.io