Valuation IBM Swiss Exchange

Stocks

Market Closed - Swiss Exchange Other stock markets 09:05:03 28/07/2026 pm IST			5-day change	1st Jan Change
183.76 ^CHF	+3.55%		-.--%	-23.36%

02:28am	Alert from law firm on IBM withdrawn	RE
05/08	Kyndryl misses quarterly estimates on weak revenue and charges linked to job cuts	RE

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Market Cap ¹	1,19,866	1,27,382	1,49,341	2,03,265	2,76,878	2,22,268	-	-
Change	-	6.27%	17.24%	36.11%	36.22%	-19.72%	-	-
Enterprise Value (EV) ¹	1,64,013	1,69,490	1,92,426	2,43,433	3,23,667	2,65,581	2,55,832	2,50,709
Change	-	3.34%	13.53%	26.51%	32.96%	-17.95%	-3.67%	-2%
P/E	21x	78.3x	20.1x	34.2x	26.5x	23.2x	20.7x	18.3x
PBR	6.34x	5.8x	6.64x	7.46x	8.5x	5.71x	4.93x	4.25x
PEG	-	-1.1x	0x	-1.6x	0.4x	-2.37x	1.7x	1.4x
Capitalization / Revenue	2.09x	2.1x	2.41x	3.24x	4.1x	3.16x	3.03x	2.88x
EV / Revenue	2.86x	2.8x	3.11x	3.88x	4.79x	3.77x	3.49x	3.25x
EV / EBITDA	-	11.5x	12.5x	14.8x	16.9x	13.2x	11.9x	11x
EV / EBIT	-	17.1x	17.4x	21.6x	22.9x	17.7x	16x	14.2x
EV / FCF	25.2x	18.2x	17.2x	19.1x	22x	17.2x	14.9x	13.9x
FCF Yield	3.97%	5.48%	5.83%	5.24%	4.55%	5.83%	6.71%	7.2%
Dividend per Share ²	6.55	6.52	6.63	6.67	6.71	6.759	6.799	6.875
Rate of return	4.9%	4.63%	4.05%	3.03%	2.27%	2.9%	2.91%	2.95%
EPS ²	6.35	1.8	8.14	6.43	11.17	10.08	11.29	12.72
Distribution rate	103%	362%	81.4%	104%	60.1%	67.1%	60.2%	54%
Net sales ¹	57,350	60,530	61,860	62,753	67,535	70,375	73,260	77,067
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	9,810	11,336	12,506
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	233.43	233.43	233.43
Nbr of stocks (in thousands)	8,96,800	9,04,126	9,13,119	9,24,645	9,34,735	9,42,134	-	-
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	23.41x	3.77x	13.18x	2.86%	22TCr
SNOWFLAKE INC.	-111.07x	17.66x	101.98x	-.--%	11TCr
ACCENTURE PLC	12.64x	1.4x	7.33x	3.8%	10TCr
TATA CONSULTANCY SERVICES LTD.	15.63x	2.86x	10.8x	5.26%	9.18TCr
RELX PLC	21.26x	5.54x	13.6x	2.68%	6.39TCr
INFOSYS LIMITED	15.38x	2.25x	9.53x	5.08%	5TCr
NEC CORPORATION	20.66x	1.52x	9.63x	0.92%	3.9TCr
HCL TECHNOLOGIES LIMITED	18.39x	2.36x	11.32x	4.73%	3.84TCr
FUJITSU LIMITED	19.65x	1.6x	9.8x	1.49%	3.83TCr
Average	3.99x	4.33x	20.80x	2.98%	8.42TCr
Weighted average by Cap.	0.20x	5.10x	24.30x	2.92%