Valuation IBM Deutsche Boerse AG

Stocks

Real-time Estimate Tradegate Other stock markets 18:55:32 12/08/2026 HKT			5-day change	1st Jan Change
205.78 ^EUR	-0.30%		+0.05%	-20.77%

08-11	TD Synnex Expands IBM Distribution Coverage to 20 New Countries	MT
08-11	IBM picked by Together AI for a cluster of NVIDIA systems

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	224,624	-	-
Change	-	6.27%	17.24%	36.11%	36.22%	-18.87%	-	-
Enterprise Value (EV) ¹	164,013	169,490	192,426	243,433	323,667	267,937	258,188	253,064
Change	-	3.34%	13.53%	26.51%	32.96%	-17.22%	-3.64%	-1.98%
P/E	21x	78.3x	20.1x	34.2x	26.5x	23.7x	21.1x	18.7x
PBR	6.34x	5.8x	6.64x	7.46x	8.5x	5.83x	5.04x	4.34x
PEG	-	-1.1x	0x	-1.6x	0.4x	-2.42x	1.8x	1.5x
Capitalization / Revenue	2.09x	2.1x	2.41x	3.24x	4.1x	3.19x	3.07x	2.91x
EV / Revenue	2.86x	2.8x	3.11x	3.88x	4.79x	3.81x	3.52x	3.28x
EV / EBITDA	-	11.5x	12.5x	14.8x	16.9x	13.3x	12x	11.1x
EV / EBIT	-	17.1x	17.4x	21.6x	22.9x	17.9x	16.1x	14.4x
EV / FCF	25.2x	18.2x	17.2x	19.1x	22x	17.3x	15x	14x
FCF Yield	3.97%	5.48%	5.83%	5.24%	4.55%	5.78%	6.65%	7.13%
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%	2.83%	2.85%	2.88%
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	238.42	238.42	238.42
Nbr of stocks (in thousands)	896,800	904,126	913,119	924,645	934,735	942,134	-	-
Announcement Date	24/1/22	25/1/23	24/1/24	29/1/25	28/1/26	-	-	-

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	23.66x	3.81x	13.3x	2.83%	225B
SNOWFLAKE INC.	-117.13x	18.65x	107.67x	-.--%	116B
ACCENTURE PLC	13.33x	1.47x	7.73x	3.61%	110B
TATA CONSULTANCY SERVICES LTD.	15.84x	2.9x	10.95x	5.19%	92.77B
RELX PLC	20.42x	5.36x	13.16x	2.79%	61.54B
INFOSYS LIMITED	15.59x	2.28x	9.68x	5.01%	50.56B
NEC CORPORATION	21.73x	1.58x	10.05x	0.87%	40.71B
FUJITSU LIMITED	20.98x	1.72x	10.51x	1.4%	40.51B
HCL TECHNOLOGIES LIMITED	18.6x	2.44x	11.46x	4.68%	38.74B
Average	3.67x	4.47x	21.61x	2.93%	86.14B
Weighted average by Cap.	-1.05x	5.31x	25.67x	2.86%