Valuation IBM

Stocks

Market Closed - NYSE 04:00:02 2026-08-24 pm EDT			5-day change	1st Jan Change
231.04 ^USD	-1.97%		+0.96%	-22.00%

Aug. 24	Wall Street's Three-Way Stress Test
Aug. 24	IBM Announces First Dual-Architecture Mainframe Processor for IBM Z and Linuxone	CI

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	217,671	-	-
Change	-	6.27%	17.24%	36.11%	36.22%	-21.38%	-	-
Enterprise Value (EV) ¹	164,013	169,490	192,426	243,433	323,667	260,984	251,235	246,111
Change	-	3.34%	13.53%	26.51%	32.96%	-19.37%	-3.74%	-2.04%
P/E	21x	78.3x	20.1x	34.2x	26.5x	22.7x	20.5x	18.3x
PBR	6.34x	5.8x	6.64x	7.46x	8.5x	5.65x	4.88x	4.2x
PEG	-	-1.1x	0x	-1.6x	0.4x	-2.58x	2x	1.5x
Capitalization / Revenue	2.09x	2.1x	2.41x	3.24x	4.1x	3.09x	2.97x	2.83x
EV / Revenue	2.86x	2.8x	3.11x	3.88x	4.79x	3.71x	3.43x	3.2x
EV / EBITDA	-	11.5x	12.5x	14.8x	16.9x	13x	11.7x	10.8x
EV / EBIT	-	17.1x	17.4x	21.6x	22.9x	17.4x	15.7x	14x
EV / FCF	25.2x	18.2x	17.2x	19.1x	22x	16.9x	14.6x	13.6x
FCF Yield	3.97%	5.48%	5.83%	5.24%	4.55%	5.93%	6.83%	7.33%
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%	2.93%	2.95%	3.01%
EPS ²	6.35	1.8	8.14	6.43	11.17	10.19	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	73,198	76,948
EBITDA ¹	-	14,739	15,447	16,400	19,200	20,153	21,555	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	9,867	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	231.04	231.04	231.04
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 (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
IBM	22.68x	3.71x	12.95x	2.93%	218B
SNOWFLAKE INC.	-113.28x	18x	103.7x	-.--%	112B
ACCENTURE PLC	13.83x	1.53x	8.02x	3.46%	114B
TATA CONSULTANCY SERVICES LTD.	14.79x	2.7x	10.2x	5.56%	86.31B
RELX PLC	20.76x	5.43x	13.34x	2.74%	63.2B
INFOSYS LIMITED	14.81x	2.15x	9.14x	5.26%	47.79B
FUJITSU LIMITED	20.89x	1.7x	10.49x	1.4%	40.35B
NEC CORPORATION	20.62x	1.57x	9.98x	0.91%	39.24B
HCL TECHNOLOGIES LIMITED	18.01x	2.34x	10.86x	4.8%	37.36B
AMADEUS IT GROUP, S.A.	17.9x	3.89x	10.04x	2.8%	28.49B
Average	5.10x	4.30x	19.87x	2.99%	78.64B
Weighted average by Cap.	-0.03x	5.09x	24.16x	2.91%