ADBE vs ASML: Which Is the Better Buy?
Side-by-side comparison of Adobe Inc. and ASML Holding N.V. — fair value, conviction, valuation metrics, and QuantHub research signals.
Updated 2026-04-22.
Adobe Inc. · Technology
$248.16
+163.1% upside to fair value
High Conviction
Grade B
VS
ASML Holding N.V. · Technology
$1,458.97
+65.1% upside to fair value
Grade B
High Quality
QuantHub Verdict
ADBE has more upside to fair value
(+163.1%).
ADBE trades at a lower forward P/E
(14.1x).
These are model outputs — not personalized investment advice.
See all research →
Valuation & Fundamentals
| Metric |
ADBE |
ASML |
| Current Price |
$248.16 |
$1,458.97 |
| Fair Value Estimate |
$653.00 |
$2,408.73 |
| Upside to Fair Value |
+163.1%
|
+65.1%
|
| Market Cap |
$101.2B |
$562.3B |
| Forward P/E |
14.1x
|
48.3x
|
| EV / EBITDA |
—
|
37.6x
|
| Price / Sales |
4.1x
|
14.4x
|
| Price / FCF |
9.8x
|
54.4x
|
| Revenue Growth YoY |
+3.3%
|
+13.2%
|
| Gross Margin |
89.1%
|
52.6%
|
| Operating Margin |
36.6%
|
34.8%
|
| Return on Equity |
62.3%
|
52.0%
|
| Dividend Yield |
— |
0% |
| FCF Yield |
10.2%
|
1.84%
|
| Analyst Consensus |
Hold
|
Strong Buy
|
Investment Thesis
Adobe Inc. develops industry-leading creative software, digital experience platforms, and publishing tools, powering digital content creation and marketing for professionals worldwide. The business excels with high gross margins above 89%, a sticky subscription model driving recurring revenue over $17B ARR, and dominant moats in digital media, though it faces intensifying AI competition and slowi…
ASML Holding N.V. is a leading technology company specializing in semiconductor manufacturing equipment, particularly extreme ultraviolet lithography machines which hold a near-monopoly position. The company benefits from a durable competitive moat driven by its technological leadership, high barriers to entry, and strong demand from semiconductor manufacturers globally, especially in China. Desp…
Accumulation Zones
| Metric |
ADBE |
ASML |
| Zone Low |
$490.00 |
$1,806.55 |
| Zone High |
$555.00 |
$2,047.42 |
| In Buy Zone? |
Yes
|
Yes
|