COMPARE · Data as of August 21, 2026

ADBE vs PTC

Verdict: Side-by-side breakdown using the Bull Rankings model. ADBE scored 89.4, PTC scored 70.6 — ADBE leads.
Compare another set
ADBE
Adobe Inc.
Software - Application · Quality-Growth
89.4
$275.30 · $109.4B
fundamentals as of
Score gap
18.8
ADBE leads
PTC
PTC Inc.
Software - Application · Quality-Growth
70.6
$154.27 · $16.7B
fundamentals as of
  • CheapestPTC14.9x
  • Fastest growthPTC+19.5%
  • Strongest balance sheetPTC0.46
  • Highest qualityADBE92 / 100
  • Largest discount to fair valueADBE-23%
THE BULL RANKINGS SCORECARD89.4/ 100 · BULL SCOREPEER MEDIANQUALITY92.0GROWTH85.8VALUE90.4
THE BULL RANKINGS SCORECARD70.6/ 100 · BULL SCOREPEER MEDIANQUALITY86.4GROWTH59.4VALUE68.6
ADBEPTCQuality92.086.4Growth85.859.4Value90.468.6
cheap & fastrevenue growth →← cheaper (lower multiple)1%29%9.9x21xADBEPTC

Growth against the P/E multiple. Up and to the right is cheaper and faster — the quality-growth idea in one picture. Points beyond the axis are pinned to the edge and marked off-scale rather than allowed to compress everything else.

FCFADBE$10.3bPTC$935m
RevADBE+11.5%PTC+19.5%
D/EADBE0.61PTC0.46
P/EADBE15.7xPTC14.9x
PEGADBE0.66PTC1.43
ADBE
stronger →← stronger
PTC
92
Qualityreturns · margins · balance sheet
86
86
Growthrevenue & earnings expansion
59
90
Valuevaluation vs sector peers
69
ADBE is stronger on 3 of 3 pillars.
ADBE
PTC
$10.3bA-
FCF
$935mC+
+11.5%B
Rev
+19.5%B+
0.61C+
D/E
0.46B
15.7xA-
P/E
14.9xA-
0.66A-
PEG
1.43B
Winner per row is the stronger grade; where grades tie, the better figure breaks it. A true tie or a missing value shows no highlight.
ADBE
PTC
23% below
Price vs fair valuelower is cheaper
6% above
~2%/yr
Growth the price implies10-yr FCF · lower = less priced in
~8%/yr
+15%
1-yr DCF upside
-13%
+30%
5-yr DCF upside
-6%
+53%
10-yr DCF upside
+4%
The DCF is a cross-check on intrinsic value, separate from the quality-growth score above.
ADBE
Why this score
  • Buying back stock
  • Durable high returns
PTC
Why this score
  • Buying back stock
ADBEAdobe Inc.
Software - Application · $275.30 · beta 1.40
Why now
Software - Application · market cap $109.4b. Down 26% from 52-week high of $370.86 — deep drawdown territory. Revenue growing +11%, comfortably above the S&P median. PEG 0.66 — paying under fair value for the growth rate. 34 sell-side analysts rate this a Hold with a mean 1-yr target of $270.61 (implying -2% 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
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.
PTCPTC Inc.
Software - Application · $154.27 · beta 0.99
Why now
Software - Application · market cap $16.7b. Down 29% from 52-week high of $217.64 — deep drawdown territory. Revenue growing +19%, comfortably above the S&P median. 20 sell-side analysts rate this a Buy with a mean 1-yr target of $173.35 (implying +12% upside).
Moat
Net margin 41% is exceptional — pricing-power territory rare outside premium software, branded staples, and specialty pharma. ROE 35% — top-decile capital efficiency. Either pricing leverage, low capital intensity, or aggressive buybacks; the durability story depends on which. Software economics — recurring revenue, embedded customer workflows, and high gross margin all compound the moat once a base account is won. Switching costs are the lever.
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.
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.

Where ADBE and PTC diverge

On the headline score the gap is 18.8 points in favor of ADBE. The widest single difference is Growth, where ADBE leads by 26.4 points.

Pillars run 0–100 against sector peers, so a score is a statement about a company relative to its own industry rather than to the other name here. A wide Value gap usually means the market already prices the difference in quality or growth — which is the trade-off this comparison comes down to.