ADBE vs. KSPI: A Head-to-Head Stock Comparison
Updated onHere’s a clear look at ADBE and KSPI, comparing key factors like historical performance, profitability, financial strength, growth, dividend, and valuation.
Company Overview
ADBE’s market capitalization of 161.66 billion USD is substantially larger than KSPI’s 16.08 billion USD, indicating a significant difference in their market valuations.
ADBE has a positive beta (1.54), indicating it generally moves with the broader market, whereas KSPI has a negative beta (-0.05), often moving inversely, which can offer diversification or hedging benefits.
KSPI is an American Depositary Receipt (ADR), allowing U.S. investors direct exposure to its non-U.S. operations. ADBE, on the other hand, is a domestic entity.
| Symbol | ADBE | KSPI |
|---|---|---|
| Company Name | Adobe Inc. | Joint Stock Company Kaspi.kz |
| Country | US | KZ |
| Sector | Technology | Technology |
| Industry | Software - Infrastructure | Software - Infrastructure |
| CEO | Shantanu Narayen | Mikheil N. Lomtadze |
| Price | 379.31 USD | 84.64 USD |
| Market Cap | 161.66 billion USD | 16.08 billion USD |
| Beta | 1.54 | -0.05 |
| Exchange | NASDAQ | NASDAQ |
| IPO Date | August 13, 1986 | July 23, 2018 |
| ADR | No | Yes |
Historical Performance
This chart compares the performance of ADBE and KSPI by tracking the growth of an initial $10,000 investment in each. Use the tabs to select the desired time period.
Data is adjusted for dividends and splits.
Profitability
Return on Equity
ADBE
51.65%
Software - Infrastructure Industry
- Max
- 80.61%
- Q3
- 29.97%
- Median
- 2.84%
- Q1
- -8.35%
- Min
- -56.26%
In the upper quartile for the Software - Infrastructure industry, ADBE’s Return on Equity of 51.65% signals a highly effective use of shareholder capital to drive profitability compared to most of its peers.
KSPI
74.52%
Software - Infrastructure Industry
- Max
- 80.61%
- Q3
- 29.97%
- Median
- 2.84%
- Q1
- -8.35%
- Min
- -56.26%
In the upper quartile for the Software - Infrastructure industry, KSPI’s Return on Equity of 74.52% signals a highly effective use of shareholder capital to drive profitability compared to most of its peers.
Return on Invested Capital
ADBE
35.47%
Software - Infrastructure Industry
- Max
- 39.31%
- Q3
- 11.97%
- Median
- 1.67%
- Q1
- -7.10%
- Min
- -34.29%
In the upper quartile for the Software - Infrastructure industry, ADBE’s Return on Invested Capital of 35.47% signifies a highly effective use of its capital to generate profits when compared to its peers.
KSPI
43.01%
Software - Infrastructure Industry
- Max
- 39.31%
- Q3
- 11.97%
- Median
- 1.67%
- Q1
- -7.10%
- Min
- -34.29%
KSPI’s Return on Invested Capital of 43.01% is exceptionally high, placing it well beyond the typical range for the Software - Infrastructure industry. This demonstrates an outstanding ability to deploy capital efficiently and create significant value.
Net Profit Margin
ADBE
30.39%
Software - Infrastructure Industry
- Max
- 46.46%
- Q3
- 14.65%
- Median
- 2.66%
- Q1
- -7.70%
- Min
- -35.45%
A Net Profit Margin of 30.39% places ADBE in the upper quartile for the Software - Infrastructure industry, signifying strong profitability and more effective cost management than most of its peers.
KSPI
38.56%
Software - Infrastructure Industry
- Max
- 46.46%
- Q3
- 14.65%
- Median
- 2.66%
- Q1
- -7.70%
- Min
- -35.45%
A Net Profit Margin of 38.56% places KSPI in the upper quartile for the Software - Infrastructure industry, signifying strong profitability and more effective cost management than most of its peers.
Operating Profit Margin
ADBE
36.37%
Software - Infrastructure Industry
- Max
- 48.51%
- Q3
- 16.56%
- Median
- 4.48%
- Q1
- -6.43%
- Min
- -40.18%
An Operating Profit Margin of 36.37% places ADBE in the upper quartile for the Software - Infrastructure industry. This signals a strong ability to translate revenue into operating profit, outperforming most of its competitors in core business efficiency.
KSPI
52.62%
Software - Infrastructure Industry
- Max
- 48.51%
- Q3
- 16.56%
- Median
- 4.48%
- Q1
- -6.43%
- Min
- -40.18%
KSPI’s Operating Profit Margin of 52.62% is exceptionally high, placing it well above the typical range for the Software - Infrastructure industry. This demonstrates outstanding efficiency in managing its core operations, which can be a result of strong pricing power or superior cost control.
Profitability at a Glance
| Symbol | ADBE | KSPI |
|---|---|---|
| Return on Equity (TTM) | 51.65% | 74.52% |
| Return on Assets (TTM) | 24.44% | 11.56% |
| Return on Invested Capital (TTM) | 35.47% | 43.01% |
| Net Profit Margin (TTM) | 30.39% | 38.56% |
| Operating Profit Margin (TTM) | 36.37% | 52.62% |
| Gross Profit Margin (TTM) | 89.25% | 64.85% |
Financial Strength
Current Ratio
ADBE
0.99
Software - Infrastructure Industry
- Max
- 3.80
- Q3
- 2.25
- Median
- 1.51
- Q1
- 1.10
- Min
- 0.23
ADBE’s Current Ratio of 0.99 falls into the lower quartile for the Software - Infrastructure industry. This indicates a tighter liquidity situation and a more constrained capacity to handle short-term debt than many of its competitors.
KSPI
1.07
Software - Infrastructure Industry
- Max
- 3.80
- Q3
- 2.25
- Median
- 1.51
- Q1
- 1.10
- Min
- 0.23
KSPI’s Current Ratio of 1.07 falls into the lower quartile for the Software - Infrastructure industry. This indicates a tighter liquidity situation and a more constrained capacity to handle short-term debt than many of its competitors.
Debt-to-Equity Ratio
ADBE
0.03
Software - Infrastructure Industry
- Max
- 2.56
- Q3
- 1.12
- Median
- 0.33
- Q1
- 0.05
- Min
- 0.00
Falling into the lower quartile for the Software - Infrastructure industry, ADBE’s Debt-to-Equity Ratio of 0.03 points to a conservative financing strategy. This results in lower financial risk but potentially limits strategic investments compared to more leveraged competitors.
KSPI
0.36
Software - Infrastructure Industry
- Max
- 2.56
- Q3
- 1.12
- Median
- 0.33
- Q1
- 0.05
- Min
- 0.00
KSPI’s Debt-to-Equity Ratio of 0.36 is typical for the Software - Infrastructure industry, indicating its use of leverage is in line with the sector norm. This suggests a balanced approach to its capital structure.
Interest Coverage Ratio
ADBE
-283.48
Software - Infrastructure Industry
- Max
- 32.21
- Q3
- 5.24
- Median
- 0.95
- Q1
- -17.99
- Min
- -50.82
ADBE has a negative Interest Coverage Ratio of -283.48. This indicates that its earnings were insufficient to cover even its operational costs, let alone its interest payments, signaling significant financial distress.
KSPI
9.97
Software - Infrastructure Industry
- Max
- 32.21
- Q3
- 5.24
- Median
- 0.95
- Q1
- -17.99
- Min
- -50.82
KSPI’s Interest Coverage Ratio of 9.97 is in the upper quartile for the Software - Infrastructure industry, signifying a strong and healthy capacity to meet its interest payments from operating profits.
Financial Strength at a Glance
| Symbol | ADBE | KSPI |
|---|---|---|
| Current Ratio (TTM) | 0.99 | 1.07 |
| Quick Ratio (TTM) | 0.99 | 1.05 |
| Debt-to-Equity Ratio (TTM) | 0.03 | 0.36 |
| Debt-to-Asset Ratio (TTM) | 0.01 | 0.07 |
| Net Debt-to-EBITDA Ratio (TTM) | -0.52 | -0.05 |
| Interest Coverage Ratio (TTM) | -283.48 | 9.97 |
Growth
The following charts compare key year-over-year (YoY) growth metrics for ADBE and KSPI. These metrics are based on the companies’ annual financial reports.
Revenue Growth
Earnings Per Share (EPS) Growth
Free Cash Flow Growth
Dividend
Dividend Yield
ADBE
0.00%
Software - Infrastructure Industry
- Max
- 4.07%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
ADBE currently does not pay a dividend, resulting in a yield of 0%. This is a common strategy for growth-focused companies that prioritize reinvesting earnings, though it may be less typical in mature, income-oriented sectors.
KSPI
4.14%
Software - Infrastructure Industry
- Max
- 4.07%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
KSPI’s Dividend Yield of 4.14% is exceptionally high, placing it well above the typical range for the Software - Infrastructure industry. While this may seem attractive, an unusually high yield can sometimes be a warning sign, reflecting a falling stock price or market concerns about the dividend’s sustainability.
Dividend Payout Ratio
ADBE
0.00%
Software - Infrastructure Industry
- Max
- 48.68%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
ADBE has a Dividend Payout Ratio of 0%, indicating it does not currently pay a dividend. This is a common strategy for growth-oriented companies that reinvest all profits back into the business.
KSPI
30.07%
Software - Infrastructure Industry
- Max
- 48.68%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
KSPI’s Dividend Payout Ratio of 30.07% is in the upper quartile for the Software - Infrastructure industry. This indicates a strong commitment to shareholder returns but also suggests that a smaller portion of earnings is retained for reinvestment compared to many peers.
Dividend at a Glance
| Symbol | ADBE | KSPI |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 4.14% |
| Dividend Payout Ratio (TTM) | 0.00% | 30.07% |
Valuation
Price-to-Earnings Ratio
ADBE
23.86
Software - Infrastructure Industry
- Max
- 107.77
- Q3
- 54.40
- Median
- 28.10
- Q1
- 18.03
- Min
- 5.32
ADBE’s P/E Ratio of 23.86 is within the middle range for the Software - Infrastructure industry. This suggests its valuation is in line with the sector average, representing neither a significant premium nor a discount compared to its peers.
KSPI
7.77
Software - Infrastructure Industry
- Max
- 107.77
- Q3
- 54.40
- Median
- 28.10
- Q1
- 18.03
- Min
- 5.32
In the lower quartile for the Software - Infrastructure industry, KSPI’s P/E Ratio of 7.77 suggests the stock may be undervalued compared to its peers, potentially presenting an attractive entry point for investors.
Forward P/E to Growth Ratio
ADBE
2.57
Software - Infrastructure Industry
- Max
- 8.12
- Q3
- 3.94
- Median
- 2.13
- Q1
- 0.94
- Min
- 0.01
ADBE’s Forward PEG Ratio of 2.57 is within the middle range of its peers in the Software - Infrastructure industry. This suggests a reasonable balance between the stock’s price and its expected growth, aligning with sector valuation norms.
KSPI
-0.08
Software - Infrastructure Industry
- Max
- 8.12
- Q3
- 3.94
- Median
- 2.13
- Q1
- 0.94
- Min
- 0.01
KSPI has a negative Forward PEG Ratio of -0.08. This typically results from negative earnings or forecasts of declining future earnings, making the ratio not meaningful for valuation.
Price-to-Sales Ratio
ADBE
7.15
Software - Infrastructure Industry
- Max
- 18.25
- Q3
- 9.05
- Median
- 4.77
- Q1
- 2.30
- Min
- 0.11
ADBE’s P/S Ratio of 7.15 aligns with the market consensus for the Software - Infrastructure industry. This suggests its valuation, based on sales, is seen as standard and is on par with its competitors.
KSPI
3.00
Software - Infrastructure Industry
- Max
- 18.25
- Q3
- 9.05
- Median
- 4.77
- Q1
- 2.30
- Min
- 0.11
KSPI’s P/S Ratio of 3.00 aligns with the market consensus for the Software - Infrastructure industry. This suggests its valuation, based on sales, is seen as standard and is on par with its competitors.
Price-to-Book Ratio
ADBE
14.31
Software - Infrastructure Industry
- Max
- 19.94
- Q3
- 10.91
- Median
- 6.33
- Q1
- 2.95
- Min
- 0.51
The P/B Ratio is often not a primary valuation metric for the Software - Infrastructure industry.
KSPI
4.88
Software - Infrastructure Industry
- Max
- 19.94
- Q3
- 10.91
- Median
- 6.33
- Q1
- 2.95
- Min
- 0.51
The P/B Ratio is often not a primary valuation metric for the Software - Infrastructure industry.
Valuation at a Glance
| Symbol | ADBE | KSPI |
|---|---|---|
| Price-to-Earnings Ratio (P/E, TTM) | 23.86 | 7.77 |
| Forward PEG Ratio (TTM) | 2.57 | -0.08 |
| Price-to-Sales Ratio (P/S, TTM) | 7.15 | 3.00 |
| Price-to-Book Ratio (P/B, TTM) | 14.31 | 4.88 |
| Price-to-Free Cash Flow Ratio (P/FCF, TTM) | 17.13 | 17.17 |
| EV-to-EBITDA (TTM) | 18.02 | 5.67 |
| EV-to-Sales (TTM) | 6.95 | 2.97 |