SAP Drops 5.1% in a Day, But Does ADBE Offer Better Fundamentals?
ADBE offers superior revenue growth across key periods, better profitability, and relatively lower valuation.
- ADBE’s Last 12 Months revenue growth was 10.6%, vs. SAP’s 10.5%.
- In addition, its Last 3-Year Average growth came in at 10.6%, ahead of SAP’s 8.7%.
- ADBE leads on profitability over both periods – LTM margin of 36.4% and 3-year average of 35.1%.
That is one way to look at stocks. Trefis High Quality Portfolio evaluates much more, and is designed to reduce stock-specific risk while giving upside exposure
Valuation & Performance Overview
| SAP | ADBE | Preferred | |
|---|---|---|---|
| Valuation | |||
| P/EBIT Ratio | 39.0 | 19.4 | ADBE |
| Revenue Growth | |||
| Last Quarter | 12.1% | 10.6% | SAP |
| Last 12 Months | 10.5% | 10.6% | ADBE |
| Last 3 Year Average | 8.7% | 10.6% | ADBE |
| Operating Margins | |||
| Last 12 Months | 24.7% | 36.4% | ADBE |
| Last 3 Year Average | 21.2% | 35.1% | ADBE |
| Momentum | |||
| Last 3 Year Return | 221.9% | -7.3% | SAP |
Note: For “Last 3 Year Return” metric, preferred stock is one with higher returns unless the returns are too high (>300%) which creates risk of sell off.
See more revenue details: SAP Revenue Comparison | ADBE Revenue Comparison
See more margin details: SAP Operating Income Comparison | ADBE Operating Income Comparison
- SAP Dropped 5.1% In A Day. Just a Blip, or the Start?
- Better Bet Than SAP Stock: Pay Less To Get More From PEGA, IDCC
- Flush With Cash Following Qualtrics Deal, Is SAP Stock A Buy?
- With Enterprise Spending Slowing, Is SAP Stock Still A Good Buy?
- Up 29% Over The Past Month, What’s Next For SAP Stock?
- Where Is SAP Stock Headed Following Q2 Results?
Historical Market Performance
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Total [1] | Avg | Best | |
|---|---|---|---|---|---|---|---|---|---|
| Returns | |||||||||
| SAP Return | -1% | 9% | -24% | 52% | 61% | 25% | 147% | <=== | |
| ADBE Return | 52% | 13% | -41% | 77% | -25% | -16% | 10% | ||
| S&P 500 Return | 16% | 27% | -19% | 24% | 23% | 8% | 94% | ||
| Monthly Win Rates [3] | |||||||||
| SAP Win Rate | 58% | 58% | 33% | 58% | 92% | 67% | 61% | ||
| ADBE Win Rate | 67% | 67% | 33% | 67% | 33% | 33% | 50% | ||
| S&P 500 Win Rate | 58% | 75% | 42% | 67% | 75% | 50% | 61% | <=== | |
| Max Drawdowns [4] | |||||||||
| SAP Max Drawdown | -30% | -7% | -42% | 0% | -4% | -4% | -14% | ||
| ADBE Max Drawdown | -14% | -16% | -51% | -5% | -27% | -24% | -23% | ||
| S&P 500 Max Drawdown | -31% | -1% | -25% | -1% | -2% | -15% | -12% | <=== | |
[1] Cumulative total returns since the beginning of 2020
[2] 2025 data is for the year till date (YTD)
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year