Valuation IBM

Equities

Market Closed - Nyse Other stock markets 01:30:02 14/03/2026 am IST			5-day change	1st Jan Change
246.28 ^USD	-0.57%		-4.86%	-16.86%

14/03	Pasqal: The Alchemy of Neutral Atoms to Win Over the Nasdaq
13/03	International Business Machines Corporation Presents at Bank of America View from the Top CEO Series, Mar-05-2026 02:00 PM

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Capitalization ¹	1,19,866	1,27,382	1,49,341	2,03,265	2,76,878	2,31,111	-	-
Change	-	6.27%	17.24%	36.11%	36.22%	-16.53%	-	-
Enterprise Value (EV) ¹	1,64,013	1,69,490	1,92,426	2,43,433	3,23,667	2,69,794	2,57,830	2,53,659
Change	-	3.34%	13.53%	26.51%	32.96%	-16.64%	-4.43%	-1.62%
P/E ratio	21x	78.3x	20.1x	34.2x	26.5x	22.7x	20.4x	18.2x
PBR	6.34x	5.8x	6.64x	7.46x	-	6.04x	5.2x	4.47x
PEG	-	-1.1x	0x	-1.6x	0.4x	-8.08x	1.8x	1.5x
Capitalization / Revenue	2.09x	2.1x	2.41x	3.24x	4.1x	3.25x	3.11x	2.94x
EV / Revenue	2.86x	2.8x	3.11x	3.88x	4.79x	3.79x	3.47x	3.23x
EV / EBITDA	-	11.5x	12.5x	14.8x	16.9x	13.5x	11.9x	11x
EV / EBIT	-	17.1x	17.4x	21.6x	22.9x	18.7x	16.5x	14.6x
EV / FCF	25.2x	18.2x	17.2x	19.1x	22x	17x	14.6x	13.2x
FCF Yield	3.97%	5.48%	5.83%	5.24%	4.55%	5.89%	6.85%	7.55%
Dividend per Share ²	6.55	6.52	6.63	6.67	-	6.754	6.802	6.84
Rate of return	4.9%	4.63%	4.05%	3.03%	-	2.74%	2.76%	2.78%
EPS ²	6.35	1.8	8.14	6.43	11.17	10.86	12.09	13.51
Distribution rate	103%	362%	81.4%	104%	-	62.2%	56.2%	50.6%
Net sales ¹	57,350	60,530	61,860	62,753	67,535	71,193	74,356	78,540
EBITDA ¹	-	14,739	15,447	16,400	19,200	19,918	21,726	23,037
EBIT ¹	-	9,937	11,052	11,263	14,126	14,398	15,652	17,369
Net income ¹	5,743	1,639	7,502	6,023	10,593	10,611	11,931	12,714
Net Debt ¹	44,147	42,108	43,085	40,168	46,789	38,682	26,719	22,547
Reference price ²	133.66	140.89	163.55	219.83	296.21	246.28	246.28	246.28
Nbr of stocks (in thousands)	8,96,800	9,04,126	9,13,119	9,24,645	9,34,735	9,38,409	-	-
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	22.69x	3.79x	13.55x	2.74%	23TCr
ACCENTURE PLC	14.6x	1.56x	8.28x	3.31%	12TCr
TATA CONSULTANCY SERVICES LTD.	17.18x	3.15x	11.58x	5%	9.43TCr
AUTOMATIC DATA PROCESSING, INC.	18.99x	3.25x	11.14x	3.1%	8.4TCr
RELX PLC	20.26x	5.31x	13.1x	2.82%	6.11TCr
SNOWFLAKE INC.	-45.66x	12.58x	92.23x	-.--%	6.11TCr
INFOSYS LIMITED	17.91x	2.65x	11.27x	3.97%	5.46TCr
HCL TECHNOLOGIES LIMITED	20.97x	2.58x	12.35x	4.32%	3.88TCr
FUJITSU LIMITED	14.32x	1.62x	11.27x	1.03%	3.89TCr
NEC CORPORATION	22.62x	1.55x	10.98x	0.77%	3.56TCr
Average	12.39x	3.80x	19.57x	2.71%	8.21TCr
Weighted average by Cap.	14.41x	3.77x	17.70x	2.91%