Compare StocksADBE vs WM

Adobe Inc. (ADBE) vs Waste Management, Inc. (WM)

ADBE
Adobe Inc.
$250.71
VS
WM
Waste Management, Inc.
$228.77

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.
WM
  • Waste Management, Inc. has maintained ROIC above 10% for 4 consecutive years, suggesting solid business economics.
  • Waste Management, Inc. scores 81/100 on the Economic Moat Score (Wide Moat), with margin stability as the strongest competitive dimension.
  • Free cash flow has grown at a 13.1% CAGR over the past 4 years, demonstrating strong earnings power growth.

Risks

ADBE
    WM
    • PEG ratio of 2.49 indicates the stock is expensive relative to its expected growth — the market may be pricing in more growth than analysts project.
    • High leverage (2.28x debt/equity) combined with thin interest coverage (-1.0x) poses financial risk.
    • 17 insider sales totaling $21.8M with no purchases in the past 3 months — insiders are reducing their exposure.

    Key Valuation Metrics

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    ADBE
    WM
    Valuation
    $9.32B
    Free Cash Flow
    $2.82B
    9.20%
    FCF Yield
    3.07%
    14.62
    Trailing P/E
    33.11
    9.48
    Forward P/E
    24.74
    Quality & Moat
    41.36%
    ROIC
    10.69%
    62.36%
    ROE
    27.02%
    89.40%
    Gross Margin
    40.61%
    1.32
    PEG Ratio
    2.49
    Balance Sheet Safety
    0.58
    Debt / Equity
    2.28
    N/A
    Interest Coverage
    N/A
    -0.02
    Net Debt / EBITDA
    2.97
    N/A
    Dividend Yield
    1.49%
    ADBE: 10Ties: 1WM: 0
    ADBEWM

    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.

    WM

    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
    WM
    $6.02
    created per $1 retained over 3 years
    Exceptional Value Creator
    Σ Retained
    $4.08B
    Δ Market Cap
    +$24.54B
    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
    50.0% Margin of Safety
    Price is 50.0% below estimated fair value
    Current Price: $250.71
    Fair Value: $501.89
    Strongly undervalued
    Undervalued
    Fairly valued
    Overvalued
    Strongly overvalued
    WM
    63.2% Overvalued
    Price is 63.2% above estimated fair value
    Current Price: $228.77
    Fair Value: $140.21
    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 $251?

    +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.

    WM

    What growth rate is the market pricing in at $229?

    +17.9%
    Market-Implied Owner Earnings Growth
    Standard FCF implies +17.4%

    The market implies +17.9% 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.
    WM
    81/100
    Wide Moat
    70+ Wide · 40-69 Narrow · <40 None

    Wide moat driven primarily by margin stability. Reinvestment Efficiency is the area most vulnerable to competitive pressure.

    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.
    WM
    -2.80
    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 0.3%Institutions 87.7%Retail & Other 12.0%
    No. of Institutional Holders3,316
    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.
    WM
    Insiders 0.3%Institutions 84.1%Retail & Other 15.6%
    No. of Institutional Holders3,038
    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
    WM
    0
    Buys (3M)
    1
    Buys (12M)
    Total value (12M): $392,840
    MENKE SEAN EDWARD
    Director
    $392,840
    @ $196.42 · 2025-11-03
    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): $867,022
    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
    WM
    17
    Sells (3M)
    33
    Sells (12M)
    Total value (12M): $37.73M
    MORRIS JOHN J JR.
    President
    $1.02M
    @ $243.38 · 2026-03-09
    CARROLL JOHN A
    Officer
    $11,529
    @ $245.30 · 2026-03-09
    DESANTIS CHRISTOPHER P
    Officer
    $14,976
    @ $245.51 · 2026-03-09
    VARKEY JOHNSON
    Chief Technology Officer
    $29,677
    @ $245.26 · 2026-03-09
    REED DAVID L.
    Chief Financial Officer
    $18,394
    @ $245.25 · 2026-03-09
    MORRIS JOHN J JR.
    President
    $1.96M
    @ $245.07 · 2026-03-06
    VARKEY JOHNSON
    Chief Technology Officer
    $150,628
    @ $244.13 · 2026-03-03
    STITH KIMBERLY G.
    Officer
    $5,106
    @ $243.14 · 2026-03-02
    REED DAVID L.
    Chief Financial Officer
    $5,096
    @ $242.67 · 2026-03-02
    HEMMER TARA J
    Officer
    $1.17M
    @ $241.83 · 2026-03-02
    WATSON MICHAEL J.
    Officer
    $4.17M
    @ $241.81 · 2026-03-02
    CARROLL JOHN A
    Officer
    $8,491
    @ $229.49 · 2026-02-26
    REED DAVID L.
    Chief Financial Officer
    $8,498
    @ $229.68 · 2026-02-26
    SMITH DONALD J
    Officer
    $2.85M
    @ $233.48 · 2026-02-17
    CARRASCO RAFAEL
    Officer
    $1.72M
    @ $234.50 · 2026-02-13
    CARROLL JOHN A
    Officer
    $239,634
    @ $234.71 · 2026-02-11
    FISH JAMES C JR
    Chief Executive Officer
    $8.47M
    @ $230.43 · 2026-02-10
    BOETTCHER CHARLES C
    Officer
    $151,111
    @ $219.32 · 2026-01-30
    MORRIS JOHN J JR.
    President
    $151,445
    @ $219.49 · 2026-01-30
    CARRASCO RAFAEL
    Officer
    $151,114
    @ $219.01 · 2026-01-30
    SMITH DONALD J
    Officer
    $151,514
    @ $219.59 · 2026-01-30
    CARROLL JOHN A
    Officer
    $48,306
    @ $219.57 · 2026-01-30
    DESANTIS CHRISTOPHER P
    Officer
    $47,053
    @ $218.85 · 2026-01-30
    VARKEY JOHNSON
    Chief Technology Officer
    $94,004
    @ $219.64 · 2026-01-30
    STITH KIMBERLY G.
    Officer
    $34,485
    @ $219.65 · 2026-01-30
    REED DAVID L.
    Chief Financial Officer
    $59,028
    @ $218.62 · 2026-01-30
    HEMMER TARA J
    Officer
    $151,596
    @ $219.70 · 2026-01-30
    WATSON MICHAEL J.
    Officer
    $150,996
    @ $219.79 · 2026-01-30
    CARRASCO RAFAEL
    Officer
    $299,543
    @ $217.06 · 2025-11-20
    STITH KIMBERLY G.
    Officer
    $22,520
    @ $225.20 · 2025-09-04
    CARRASCO RAFAEL
    Officer
    $465,840
    @ $240.00 · 2025-05-30
    CARRASCO RAFAEL
    Officer
    $159,610
    @ $236.81 · 2025-05-27
    RANKIN DEVINA A
    Chief Financial Officer
    $13.74M
    @ $237.36 · 2025-05-27
    MORRIS JOHN J JR.
    Chief Operating Officer
    $5.55M
    @ $233.32 · 2025-05-02
    MORRIS JOHN J JR.
    Chief Operating Officer
    $4.30M
    @ $224.71 · 2025-03-07
    CARROLL JOHN A
    Officer
    $282,626
    @ $225.92 · 2025-03-07
    CARRASCO RAFAEL
    Officer
    $212,540
    @ $229.03 · 2025-03-06
    RANKIN DEVINA A
    Chief Financial Officer
    $941,182
    @ $228.11 · 2025-03-05
    HEMMER TARA J
    Officer
    $705,772
    @ $228.11 · 2025-03-05
    WATSON MICHAEL J.
    Officer
    $352,886
    @ $228.11 · 2025-03-05
    SMITH DONALD J
    Officer
    $10,097
    @ $234.81 · 2025-03-03
    CARROLL JOHN A
    Officer
    $11,034
    @ $234.77 · 2025-03-03
    DESANTIS CHRISTOPHER P
    Officer
    $10,567
    @ $234.82 · 2025-03-03
    VARKEY JOHNSON
    Chief Technology Officer
    $29,134
    @ $234.95 · 2025-03-03
    STITH KIMBERLY G.
    Officer
    $14,556
    @ $234.77 · 2025-03-03
    FISH JAMES C JR
    Chief Executive Officer
    $10.14M
    @ $228.43 · 2025-02-24
    WATSON MICHAEL J.
    Officer
    $1.30M
    @ $227.51 · 2025-02-24
    CARRASCO RAFAEL
    Officer
    $903,562
    @ $225.89 · 2025-02-07
    VARKEY JOHNSON
    Officer
    $70,892
    @ $222.93 · 2025-02-04
    RANKIN DEVINA A
    Chief Financial Officer
    $1.29M
    @ $222.12 · 2025-02-04
    HEMMER TARA J
    Officer
    $1.02M
    @ $222.12 · 2025-02-04
    BOETTCHER CHARLES C
    Officer
    $152,870
    @ $220.59 · 2025-01-31
    MORRIS JOHN J JR.
    Chief Operating Officer
    $152,869
    @ $220.59 · 2025-01-31
    CARRASCO RAFAEL
    Officer
    $152,758
    @ $220.43 · 2025-01-31
    SMITH DONALD J
    Officer
    $42,062
    @ $220.22 · 2025-01-31
    CARROLL JOHN A
    Officer
    $46,095
    @ $220.55 · 2025-01-31
    DESANTIS CHRISTOPHER P
    Officer
    $44,072
    @ $220.36 · 2025-01-31
    VARKEY JOHNSON
    Chief Technology Officer
    $123,260
    @ $220.11 · 2025-01-31
    STITH KIMBERLY G.
    Officer
    $41,147
    @ $220.04 · 2025-01-31
    RANKIN DEVINA A
    Chief Financial Officer
    $152,855
    @ $220.57 · 2025-01-31
    HEMMER TARA J
    Officer
    $152,744
    @ $220.41 · 2025-01-31
    WATSON MICHAEL J.
    Officer
    $152,630
    @ $220.25 · 2025-01-31
    SYLVESTER MARYROSE T
    Director
    $66,796
    @ $215.47 · 2024-11-05
    WATSON MICHAEL J.
    Officer
    $330,000
    @ $220.00 · 2024-07-16
    WATSON MICHAEL J.
    Officer
    $859,631
    @ $204.28 · 2024-06-06
    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

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    ADBE
    FearGreed
    😨Fear(37/100)

    "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.
    WM
    FearGreed
    😐Neutral(58/100)

    "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

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    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 (37)
    WM
    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 (58)
    View ADBE Full AnalysisView WM Full Analysis
    ADBE vs WM: Which Is the Better Buy? | SafetyMargin.io