COMPARE · Reviewed July 9, 2026
ADBE vs DLO
Verdict: Side-by-side breakdown using the Bull Rankings model. ADBE scored 89.2, DLO scored 89.3 — DLO leads.
Compare another set
ADBE
Adobe Inc.
89.2
$222.65 · $88.5B
Score gap
0.1
DLO leads
DLO
DLocal Limited
89.3
$14.57 · $4.3B
The model, pillar by pillar (0–100 each)
ADBE
stronger →← stronger
DLO
92
Qualityreturns · margins · balance sheet
84
85
Growthrevenue & earnings expansion
100
90
Valuevaluation vs sector peers
85
ADBE is stronger on 2 of 3 pillars.
Fundamentals, head-to-head
ADBE
DLO
$10.3bA-
FCF
$413mC
+10.5%B
Rev
+46.6%A
0.61C+
D/E
0.20B+
12.7xA
P/E
22.8xB+
0.60A-
PEG
0.49A
Winner per row is the stronger grade in our model; a tie or a missing value shows no highlight.
Valuation · DCF cross-check
ADBE
DLO
36% below
Price vs fair valuelower is cheaper
58% below
+40%
1-yr DCF upside
+81%
+57%
5-yr DCF upside
+138%
+86%
10-yr DCF upside
+257%
The DCF is a cross-check on intrinsic value, separate from the quality-growth score above.
Model signals
ADBE
Why this score
- Buying back stock
- Durable high returns
DLO
Why this score
- Durable high returns
- Diluting shareholders
The companies
ADBEAdobe Inc.
Why now
Software - Application · market cap $88.5b. Down 41% from 52-week high of $376.16 — deep drawdown territory. Revenue growing +11%, comfortably above the S&P median. PEG 0.60 — paying under fair value for the growth rate. 33 sell-side analysts rate this a Hold with a mean 1-yr target of $272.48 (implying +22% upside).
Moat
Net margin 29% sits well above the S&P median (~11%) — suggests structural pricing advantage or cost discipline competitors can't quickly close. ROE 63% — top-decile capital efficiency. Either pricing leverage, low capital intensity, or aggressive buybacks; the durability story depends on which. FCF converts 142% of net income — earnings translate cleanly into cash, a sign that working capital and capex are well-disciplined.
Risk
Down 41% from the 52-week high — the market is pricing in something the screen can't see; verify the bear case before sizing up. Beta 1.43 implies above-market volatility — position-size to the drawdowns this name will produce in a market correction, not to its bull-case return. Software — competitive moat is durable until it isn't; watch net revenue retention, gross margin trends, and any new market entrant with a fundamentally lower price point.
DLODLocal Limited
Why now
Software - Infrastructure · market cap $4.3b. 13% off the 52-week high of $16.78. Revenue growing +47% — in hypergrowth territory. PEG 0.49 — paying under fair value for the growth rate. 10 sell-side analysts rate this a Strong Buy with a mean 1-yr target of $17.75 (implying +22% upside).
Moat
Net margin 18% beats the market median by a meaningful margin — the company is keeping more of every revenue dollar than the average S&P constituent. ROE 35% — top-decile capital efficiency. Either pricing leverage, low capital intensity, or aggressive buybacks; the durability story depends on which. Free cash flow runs well ahead of reported net income — non-cash charges (depreciation, intangible amortization) are holding down GAAP earnings while cash generation stays strong.
Risk
Software — competitive moat is durable until it isn't; watch net revenue retention, gross margin trends, and any new market entrant with a fundamentally lower price point.
Verdict — model-derived comparison
Generating verdict… typically 5–10 seconds
Not investment advice. The Bull Rankings publishes a quantitative ranking model and accompanying analysis for general informational purposes only. Nothing on this page is a recommendation to buy, sell, or hold any security; nothing is personalized to your circumstances, risk tolerance, or tax situation. Investing carries the risk of loss — invest at your own risk and consider consulting a licensed financial professional before acting on anything you read here. See terms and methodology for full disclosures.