As of 2025-06-07, the Intrinsic Value of International Business Machines Corp (IBM) is 235.03 USD. This IBM valuation is based on the model Discounted Cash Flows (Growth Exit 5Y). With the current market price of 268.87 USD, the upside of International Business Machines Corp is -12.60%.
The range of the Intrinsic Value is 147.55 - 478.77 USD
Based on its market price of 268.87 USD and our intrinsic valuation, International Business Machines Corp (IBM) is overvalued by 12.60%.
| Range | Selected | Upside | |
| a | |||
| DCF (Growth 5y) | 147.55 - 478.77 | 235.03 | -12.6% |
| DCF (Growth 10y) | 180.69 - 523.84 | 271.90 | 1.1% |
| DCF (EBITDA 5y) | 114.64 - 134.43 | 120.48 | -55.2% |
| DCF (EBITDA 10y) | 147.51 - 180.50 | 159.76 | -40.6% |
| Fair Value | 147.27 - 147.27 | 147.27 | -45.23% |
| P/E | 93.08 - 111.32 | 104.39 | -61.2% |
| EV/EBITDA | 74.25 - 158.68 | 111.17 | -58.7% |
| EPV | 76.28 - 108.47 | 92.37 | -65.6% |
| DDM - Stable | 62.46 - 214.20 | 138.33 | -48.6% |
| DDM - Multi | 139.39 - 336.04 | 193.22 | -28.1% |
| Market Cap (mil) | 249,887.78 |
| Beta | 0.70 |
| Outstanding shares (mil) | 929.40 |
| Enterprise Value (mil) | 302,136.78 |
| Market risk premium | 4.60% |
| Cost of Equity | 8.04% |
| Cost of Debt | 5.00% |
| WACC | 7.29% |