Valuation IBM

Stocks

Market Closed - NYSE 04:00:03 2026-09-24 pm EDT			After hours 08:00:00 pm
227.06 ^USD	-2.45%		231.49	+1.95%

Sep. 24	Rout of control	RE
Sep. 24	Trading Day: Rout of control	RE

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Market Cap ¹	119,866	127,382	149,341	203,265	276,878	213,921	-	-
Change	-	6.27%	17.24%	36.11%	36.22%	-22.74%	-	-
Enterprise Value (EV) ¹	164,013	169,490	192,426	243,433	323,667	257,234	247,485	242,361
Change	-	3.34%	13.53%	26.51%	32.96%	-20.53%	-3.79%	-2.07%
P/E	21x	78.3x	20.1x	34.2x	26.5x	22.3x	20.2x	18x
PBR	6.34x	5.8x	6.64x	7.46x	8.5x	5.56x	4.8x	4.13x
PEG	-	-1.1x	0x	-1.6x	0.4x	-2.52x	1.9x	1.4x
Capitalization / Revenue	2.09x	2.1x	2.41x	3.24x	4.1x	3.04x	2.93x	2.78x
EV / Revenue	2.86x	2.8x	3.11x	3.88x	4.79x	3.65x	3.39x	3.15x
EV / EBITDA	-	11.5x	12.5x	14.8x	16.9x	12.8x	11.5x	10.6x
EV / EBIT	-	17.1x	17.4x	21.6x	22.9x	17.2x	15.5x	13.8x
EV / FCF	25.2x	18.2x	17.2x	19.1x	22x	16.6x	14.4x	13.4x
FCF Yield	3.97%	5.48%	5.83%	5.24%	4.55%	6.02%	6.94%	7.45%
Dividend per Share ²	6.55	6.52	6.63	6.67	6.71	6.766	6.813	6.949
Rate of return	4.9%	4.63%	4.05%	3.03%	2.27%	2.98%	3%	3.06%
EPS ²	6.35	1.8	8.14	6.43	11.17	10.18	11.25	12.65
Distribution rate	103%	362%	81.4%	104%	60.1%	66.4%	60.6%	54.9%
Net sales ¹	57,350	60,530	61,860	62,753	67,535	70,384	73,100	76,948
EBITDA ¹	-	14,739	15,447	16,400	19,200	20,153	21,474	22,784
EBIT ¹	-	9,937	11,052	11,263	14,126	14,973	15,999	17,606
Net income ¹	5,743	1,639	7,502	6,023	10,593	9,866	11,298	12,433
Net Debt ¹	44,147	42,108	43,085	40,168	46,789	43,313	33,564	28,440
Reference price ²	133.66	140.89	163.55	219.83	296.21	227.06	227.06	227.06
Nbr of stocks (in thousands)	896,800	904,126	913,119	924,645	934,735	942,134	-	-
Announcement Date	1/24/22	1/25/23	1/24/24	1/29/25	1/28/26	-	-	-

¹USD in Million²USD

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (N)	EV / Sales (N)	EV / EBITDA (N)	Dividend Yield (N)	Capi.($)
IBM	22.3x	3.65x	12.76x	2.98%	214B
SNOWFLAKE INC.	-130.96x	18.27x	101.27x	-.--%	118B
ACCENTURE PLC	13.18x	1.45x	7.63x	3.64%	109B
TATA CONSULTANCY SERVICES LTD.	13.51x	2.46x	9.27x	6.08%	78.66B
RELX PLC	19.71x	5.2x	12.77x	2.88%	58.06B
FUJITSU LIMITED	22.47x	1.84x	11.5x	1.3%	43.57B
INFOSYS LIMITED	13.3x	1.92x	8.13x	5.86%	42.8B
NEC CORPORATION	20.97x	1.59x	10.13x	0.9%	39.98B
OKTA, INC.	103.96x	10.39x	38.79x	-.--%	36.12B
HCL TECHNOLOGIES LIMITED	16.94x	2.16x	10.34x	5.1%	35.05B
Average	11.54x	4.89x	22.26x	2.87%	77.45B
Weighted average by Cap.	-0.35x	5.50x	25.78x	2.84%