Valuation IBM Deutsche Boerse AG

Stocks

Real-time Estimate Tradegate 08:05:23 2026-10-02 EDT			5-day change	1st Jan Change
201.50 ^EUR	-1.71%		+1.91%	-22.29%

10-01	IBM Elects Siris Capital Co-Founder Frank Baker to Board	MT
10-01	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	212,564	-	-
Change	-	6.27%	17.24%	36.11%	36.22%	-23.23%	-	-
Enterprise Value (EV) ¹	164,013	169,490	192,426	243,433	323,667	255,877	246,128	241,005
Change	-	3.34%	13.53%	26.51%	32.96%	-20.94%	-3.81%	-2.08%
P/E	21x	78.3x	20.1x	34.2x	26.5x	22.2x	20.1x	17.8x
PBR	6.34x	5.8x	6.64x	7.46x	8.5x	5.52x	4.77x	4.11x
PEG	-	-1.1x	0x	-1.6x	0.4x	-2.51x	1.9x	1.4x
Capitalization / Revenue	2.09x	2.1x	2.41x	3.24x	4.1x	3.02x	2.91x	2.76x
EV / Revenue	2.86x	2.8x	3.11x	3.88x	4.79x	3.64x	3.37x	3.13x
EV / EBITDA	-	11.5x	12.5x	14.8x	16.9x	12.7x	11.5x	10.6x
EV / EBIT	-	17.1x	17.4x	21.6x	22.9x	17.1x	15.4x	13.7x
EV / FCF	25.2x	18.2x	17.2x	19.1x	22x	16.5x	14.3x	13.4x
FCF Yield	3.97%	5.48%	5.83%	5.24%	4.55%	6.05%	6.98%	7.49%
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%	3.02%	3.08%
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	225.62	225.62	225.62
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	22.16x	3.64x	12.7x	3%	213B
SALESFORCE, INC.	22.65x	4.76x	11.69x	0.73%	195B
CLOUDFLARE, INC.	-605.52x	43.07x	176.95x	-.--%	125B
SNOWFLAKE INC.	-134.54x	18.71x	103.57x	-.--%	121B
ACCENTURE PLC	15.77x	1.72x	9.01x	3.04%	127B
TATA CONSULTANCY SERVICES LTD.	13.44x	2.44x	9.19x	6.11%	77.98B
RELX PLC	19.32x	5.16x	12.67x	2.9%	57.69B
COREWEAVE, INC.	-17.32x	7.37x	12.54x	-.--%	48.85B
FUJITSU LIMITED	22.4x	1.85x	11.73x	1.39%	44.08B
Average	-71.29x	9.86x	40.01x	1.91%	112B
Weighted average by Cap.	-77.85x	10.40x	42.95x	1.85%