International Business Machines Corporation (FRA:IBM)

FRA:IBM Statistics

Total Valuation

FRA:IBM has a market cap or net worth of EUR 190.89 billion. The enterprise value is 235.70 billion.

Market Cap	190.89B
Enterprise Value	235.70B

Important Dates

The next estimated earnings date is Wednesday, October 22, 2025.

Earnings Date	Oct 22, 2025
Ex-Dividend Date	Aug 8, 2025

Share Statistics

Current Share Class	931.52M
Shares Outstanding	n/a
Shares Change (YoY)	+1.49%
Shares Change (QoQ)	+0.28%
Owned by Insiders (%)	n/a
Owned by Institutions (%)	n/a
Float	929.40M

Valuation Ratios

The trailing PE ratio is 38.43 and the forward PE ratio is 20.31.

PE Ratio	38.43
Forward PE	20.31
PS Ratio	3.50
PB Ratio	8.13
P/TBV Ratio	n/a
P/FCF Ratio	n/a
P/OCF Ratio	n/a
PEG Ratio	n/a

Enterprise Valuation

The stock's EV/EBITDA ratio is 17.77, with an EV/FCF ratio of 22.62.

EV / Earnings	47.46
EV / Sales	4.30
EV / EBITDA	17.77
EV / EBIT	25.33
EV / FCF	22.62

Financial Position

The company has a current ratio of 0.91, with a Debt / Equity ratio of 2.45.

Current Ratio	0.91
Quick Ratio	0.76
Debt / Equity	2.45
Debt / EBITDA	4.37
Debt / FCF	5.53
Interest Coverage	5.98

Financial Efficiency

Return on equity (ROE) is 22.67% and return on invested capital (ROIC) is 7.58%.

Return on Equity (ROE)	22.67%
Return on Assets (ROA)	4.81%
Return on Invested Capital (ROIC)	7.58%
Return on Capital Employed (ROCE)	9.81%
Revenue Per Employee	201,739
Profits Per Employee	18,375
Employee Count	270,300
Asset Turnover	0.45
Inventory Turnover	21.57

Taxes

In the past 12 months, FRA:IBM has paid 341.45 million in taxes.

Income Tax	341.45M
Effective Tax Rate	6.41%

Stock Price Statistics

The stock price has increased by +17.56% in the last 52 weeks.

Beta (5Y)	n/a
52-Week Price Change	+17.56%
50-Day Moving Average	230.36
200-Day Moving Average	226.00
Relative Strength Index (RSI)	35.16
Average Volume (20 Days)	2,118

Short Selling Information

Short Interest	n/a
Short Previous Month	n/a
Short % of Shares Out	n/a
Short % of Float	n/a
Short Ratio (days to cover)	3.38

Income Statement

In the last 12 months, FRA:IBM had revenue of EUR 54.53 billion and earned 4.97 billion in profits. Earnings per share was 5.26.

Revenue	54.53B
Gross Profit	31.39B
Operating Income	9.26B
Pretax Income	5.33B
Net Income	4.97B
EBITDA	12.08B
EBIT	9.26B
Earnings Per Share (EPS)	5.26

Balance Sheet

The company has 13.15 billion in cash and 57.66 billion in debt, giving a net cash position of -44.51 billion.

Cash & Cash Equivalents	13.15B
Total Debt	57.66B
Net Cash	-44.51B
Net Cash Per Share	n/a
Equity (Book Value)	23.49B
Book Value Per Share	25.15
Working Capital	-2.96B

Cash Flow

In the last 12 months, operating cash flow was 11.31 billion and capital expenditures -888.11 million, giving a free cash flow of 10.42 billion.

Operating Cash Flow	11.31B
Capital Expenditures	-888.11M
Free Cash Flow	10.42B
FCF Per Share	n/a

Margins

Gross margin is 57.57%, with operating and profit margins of 16.98% and 9.11%.

Gross Margin	57.57%
Operating Margin	16.98%
Pretax Margin	9.77%
Profit Margin	9.11%
EBITDA Margin	22.15%
EBIT Margin	16.98%
FCF Margin	19.11%

Dividends & Yields

This stock pays an annual dividend of 6.12, which amounts to a dividend yield of 2.97%.

Dividend Per Share	6.12
Dividend Yield	2.97%
Dividend Growth (YoY)	-0.98%
Years of Dividend Growth	1
Payout Ratio	106.31%
Buyback Yield	-1.49%
Shareholder Yield	1.48%
Earnings Yield	2.60%
FCF Yield	5.46%

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

Stock Splits

The last stock split was on May 27, 1999. It was a forward split with a ratio of 2.

Last Split Date	May 27, 1999
Split Type	Forward
Split Ratio	2

Scores

FRA:IBM has an Altman Z-Score of 3.12 and a Piotroski F-Score of 5.

Altman Z-Score	3.12
Piotroski F-Score	5