Valuation IBM

Stocks

Market Closed - NYSE 00:00:03 13/10/2026 +04			After hours 00:33:50
227.02 ^USD	-0.05%		227.00	-0.01%

03:46pm	Abu Dhabi Stocks Edge Down, Dubai Up as Middle East Tensions Flare	MT
10-08	11:11 Systems, Inc. acquired Select IBM VMware Cloud Service Provider enterprise customers from International Business Machines Corporation.	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	213,987	-	-
Change	-	6.27%	17.24%	36.11%	36.22%	-22.71%	-	-
Enterprise Value (EV) ¹	164,013	169,490	192,426	243,433	323,667	257,300	247,551	242,427
Change	-	3.34%	13.53%	26.51%	32.96%	-20.5%	-3.79%	-2.07%
P/E	21x	78.3x	20.1x	34.2x	26.5x	22.4x	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	-2.47x	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	3.66x	3.39x	3.15x
EV / EBITDA	-	11.5x	12.5x	14.8x	16.9x	12.8x	11.6x	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	14.5x	13.4x
FCF Yield	3.97%	5.48%	5.83%	5.24%	4.55%	6.03%	6.9%	7.44%
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	10.16	11.24	12.65
Distribution rate	103%	362%	81.4%	104%	60.1%	66.6%	60.6%	54.9%
Net sales ¹	57,350	60,530	61,860	62,753	67,535	70,394	73,125	76,948
EBITDA ¹	-	14,739	15,447	16,400	19,200	20,142	21,405	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	9,836	11,258	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	227.13	227.13	227.13
Nbr of stocks (in thousands)	896,800	904,126	913,119	924,645	934,735	942,134	-	-
Announcement Date	24/01/22	25/01/23	24/01/24	29/01/25	28/01/26	-	-	-

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	22.36x	3.66x	12.77x	2.98%	214B
SALESFORCE, INC.	21.93x	4.63x	11.36x	0.75%	189B
SNOWFLAKE INC.	-145.13x	20.19x	111.04x	-.--%	130B
CLOUDFLARE, INC.	-622.65x	44.3x	182.01x	-.--%	129B
ACCENTURE PLC	15.53x	1.69x	8.87x	3.09%	125B
TATA CONSULTANCY SERVICES LTD.	14.06x	2.51x	9.71x	5.73%	80.6B
RELX PLC	20.95x	5.52x	13.56x	2.68%	62.61B
FUJITSU LIMITED	23.78x	1.97x	12.5x	1.31%	46.56B
COREWEAVE, INC.	-16.06x	7.1x	12.07x	-.--%	45.27B
NEC CORPORATION	22.64x	1.73x	10.9x	0.82%	43.83B
Average	-64.26x	9.33x	38.48x	1.74%	106.46B
Weighted average by Cap.	-79.11x	10.54x	44.19x	1.78%