Valuation IBM

Stocks

Market Closed - NYSE 04:00:02 2026-10-02 pm EDT			5-day change	1st Jan Change
222.64 ^USD	-1.32%		-1.27%	-24.84%

Oct. 01	IBM Elects Siris Capital Co-Founder Frank Baker to Board	MT
Oct. 01	International Business Machines Corporation Announces Appointment of Frank Baker to Its Board of Directors, Effective October 1, 2026	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	209,757	-	-
Change	-	6.27%	17.24%	36.11%	36.22%	-24.24%	-	-
Enterprise Value (EV) ¹	164,013	169,490	192,426	243,433	323,667	253,070	243,321	238,197
Change	-	3.34%	13.53%	26.51%	32.96%	-21.81%	-3.85%	-2.11%
P/E	21x	78.3x	20.1x	34.2x	26.5x	21.9x	19.8x	17.6x
PBR	6.34x	5.8x	6.64x	7.46x	8.5x	5.45x	4.7x	4.05x
PEG	-	-1.1x	0x	-1.6x	0.4x	-2.48x	1.9x	1.4x
Capitalization / Revenue	2.09x	2.1x	2.41x	3.24x	4.1x	2.98x	2.87x	2.73x
EV / Revenue	2.86x	2.8x	3.11x	3.88x	4.79x	3.6x	3.33x	3.1x
EV / EBITDA	-	11.5x	12.5x	14.8x	16.9x	12.6x	11.3x	10.5x
EV / EBIT	-	17.1x	17.4x	21.6x	22.9x	16.9x	15.2x	13.5x
EV / FCF	25.2x	18.2x	17.2x	19.1x	22x	16.3x	14.2x	13.2x
FCF Yield	3.97%	5.48%	5.83%	5.24%	4.55%	6.12%	7.06%	7.58%
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%	3.04%	3.06%	3.12%
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	222.64	222.64	222.64
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	21.86x	3.6x	12.56x	3.04%	210B
SALESFORCE, INC.	22.46x	4.73x	11.6x	0.74%	193B
ACCENTURE PLC	14.77x	1.61x	8.44x	3.25%	119B
CLOUDFLARE, INC.	-602.19x	42.83x	175.97x	-.--%	124B
SNOWFLAKE INC.	-134.17x	18.65x	103.28x	-.--%	120B
TATA CONSULTANCY SERVICES LTD.	13.47x	2.43x	9.22x	6.1%	78.1B
RELX PLC	19.46x	5.19x	12.74x	2.88%	58.18B
COREWEAVE, INC.	-17.53x	7.42x	12.62x	-.--%	49.43B
FUJITSU LIMITED	22.77x	1.89x	11.94x	1.37%	44.75B
INFOSYS LIMITED	13.55x	1.97x	8.37x	5.75%	43.61B
Average	-62.55x	9.03x	36.67x	2.31%	104B
Weighted average by Cap.	-74.40x	10.05x	41.49x	2.04%