Valuation IBM Swiss Exchange

Stocks

Real-time Estimate Cboe BZX Other stock markets 15:12:52 10/07/2026 BST			5-day change	1st Jan Change
294.02 ^USD	-0.85%		+3.36%	-2.24%

01:07pm	Susquehanna Initiates Coverage on IBM With Neutral Rating, $303 Price Target	MT
07-09	Nasdaq ends sharply higher; chip surge offsets Iran worries	RE

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	277,548	-	-
Change	-	6.27%	17.24%	36.11%	36.22%	0.24%	-	-
Enterprise Value (EV) ¹	164,013	169,490	192,426	243,433	323,667	328,253	319,637	310,292
Change	-	3.34%	13.53%	26.51%	32.96%	1.42%	-2.62%	-2.92%
P/E	21x	78.3x	20.1x	34.2x	26.5x	28.6x	25.1x	22x
PBR	6.34x	5.8x	6.64x	7.46x	8.5x	7.2x	6.16x	5.26x
PEG	-	-1.1x	0x	-1.6x	0.4x	-3.73x	1.8x	1.6x
Capitalization / Revenue	2.09x	2.1x	2.41x	3.24x	4.1x	3.88x	3.72x	3.52x
EV / Revenue	2.86x	2.8x	3.11x	3.88x	4.79x	4.59x	4.28x	3.94x
EV / EBITDA	-	11.5x	12.5x	14.8x	16.9x	16x	14.5x	13.2x
EV / EBIT	-	17.1x	17.4x	21.6x	22.9x	21.5x	19.6x	17.4x
EV / FCF	25.2x	18.2x	17.2x	19.1x	22x	21x	18.9x	16.9x
FCF Yield	3.97%	5.48%	5.83%	5.24%	4.55%	4.77%	5.28%	5.92%
Dividend per Share ²	6.55	6.52	6.63	6.67	6.71	6.75	6.792	6.868
Rate of return	4.9%	4.63%	4.05%	3.03%	2.27%	2.29%	2.3%	2.33%
EPS ²	6.35	1.8	8.14	6.43	11.17	10.31	11.78	13.44
Distribution rate	103%	362%	81.4%	104%	60.1%	65.4%	57.7%	51.1%
Net sales ¹	57,350	60,530	61,860	62,753	67,535	71,513	74,651	78,770
EBITDA ¹	-	14,739	15,447	16,400	19,200	20,484	22,052	23,591
EBIT ¹	-	9,937	11,052	11,263	14,126	15,263	16,297	17,855
Net income ¹	5,743	1,639	7,502	6,023	10,593	9,975	11,589	12,953
Net Debt ¹	44,147	42,108	43,085	40,168	46,789	50,705	42,089	32,744
Reference price ²	133.66	140.89	163.55	219.83	296.21	295.30	295.30	295.30
Nbr of stocks (in thousands)	896,800	904,126	913,119	924,645	934,735	939,885	-	-
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.($)
SNOWFLAKE INC.	-93.69x	14.81x	85.75x	-.--%	92.71B
ACCENTURE PLC	10.33x	1.13x	5.95x	4.67%	85.1B
TATA CONSULTANCY SERVICES LTD.	13.3x	2.44x	9.21x	6.06%	77.69B
RELX PLC	18.69x	4.94x	12.19x	3.04%	56.06B
INFOSYS LIMITED	13.65x	1.99x	8.33x	5.71%	44.55B
FUJITSU LIMITED	19.35x	1.55x	9.76x	1.48%	36.24B
NEC CORPORATION	20.32x	1.5x	9.55x	0.97%	35.83B
HCL TECHNOLOGIES LIMITED	15.67x	2x	9.31x	5.52%	32.61B
NARI TECHNOLOGY CO., LTD.	18.75x	2.17x	14.13x	3.2%	25.48B
Average	4.04x	3.61x	18.24x	3.41%	54.03B
Weighted average by Cap.	-5.55x	4.64x	23.83x	3.38%