Valuation IBM

Stocks

Market Closed - NYSE Other stock markets 16:00:02 2026-06-11 EDT			After hours 20:00:00
274.85 ^USD	+0.91%		274.53	-0.12%

06-11	IBM, ServiceNow Expand Collaboration to Help Enterprises Unlock Data for AI	MT
06-10	Wall Street's Problem Is Not Just Inflation

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	258,327	-	-
Change	-	6.27%	17.24%	36.11%	36.22%	-6.7%	-	-
Enterprise Value (EV) ¹	164,013	169,490	192,426	243,433	323,667	306,202	294,845	291,048
Change	-	3.34%	13.53%	26.51%	32.96%	-5.4%	-3.71%	-1.29%
P/E Ratio	21x	78.3x	20.1x	34.2x	26.5x	26.8x	23.4x	20.4x
PBR	6.34x	5.8x	6.64x	7.46x	-	6.71x	5.73x	4.9x
PEG	-	-1.1x	0x	-1.6x	0.4x	-3.31x	1.6x	1.4x
Capitalization / Revenue	2.09x	2.1x	2.41x	3.24x	4.1x	3.61x	3.46x	3.27x
EV / Revenue	2.86x	2.8x	3.11x	3.88x	4.79x	4.28x	3.95x	3.69x
EV / EBITDA	-	11.5x	12.5x	14.8x	16.9x	15x	13.4x	12.3x
EV / EBIT	-	17.1x	17.4x	21.6x	22.9x	20.2x	18.3x	16.3x
EV / FCF	25.2x	18.2x	17.2x	19.1x	22x	19.5x	17.4x	15.8x
FCF Yield	3.97%	5.48%	5.83%	5.24%	4.55%	5.12%	5.76%	6.32%
Dividend per Share ²	6.55	6.52	6.63	6.67	-	6.75	6.792	6.868
Rate of return	4.9%	4.63%	4.05%	3.03%	-	2.46%	2.47%	2.5%
EPS ²	6.35	1.8	8.14	6.43	11.17	10.26	11.77	13.44
Distribution rate	103%	362%	81.4%	104%	-	65.8%	57.7%	51.1%
Net sales ¹	57,350	60,530	61,860	62,753	67,535	71,465	74,636	78,922
EBITDA ¹	-	14,739	15,447	16,400	19,200	20,477	22,030	23,571
EBIT ¹	-	9,937	11,052	11,263	14,126	15,144	16,149	17,836
Net income ¹	5,743	1,639	7,502	6,023	10,593	9,937	11,532	12,821
Net Debt ¹	44,147	42,108	43,085	40,168	46,789	47,874	36,518	32,720
Reference price ²	133.66	140.89	163.55	219.83	296.21	274.85	274.85	274.85
Nbr of stocks (in thousands)	896,800	904,126	913,119	924,645	934,735	939,885	-	-
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 (N)	EV / Sales (N)	EV / EBITDA (N)	Dividend Yield (N)	Capi.($)
IBM	26.53x	4.25x	14.84x	2.48%	258B
ACCENTURE PLC	12.67x	1.35x	7.09x	3.82%	103B
SNOWFLAKE INC.	-84.02x	13.24x	76.81x	-.--%	83.32B
TATA CONSULTANCY SERVICES LTD.	13.83x	2.52x	9.3x	6.03%	80.7B
RELX PLC	20.03x	5.22x	12.9x	2.84%	57.88B
INFOSYS LIMITED	14.87x	2.18x	9.15x	5.21%	47.11B
FUJITSU LIMITED	13.33x	1.53x	10.48x	1.21%	36.4B
NEC CORPORATION	21.5x	1.46x	10.38x	0.81%	33.06B
HCL TECHNOLOGIES LIMITED	15.42x	1.95x	9.21x	5.6%	31.37B
NARI TECHNOLOGY CO., LTD.	19.54x	2.26x	14.62x	3.07%	26.93B
Average	7.37x	3.60x	17.48x	3.11%	75.79B
Weighted average by Cap.	8.36x	4.19x	18.87x	2.98%