IBM · International Business Machines Corporation
$248.162026-05-17Sector: Technology; Industry: Information Technology Services; Sub-Industry: IT Consulting & Other Services
Intrinsic Value Range Comparison · Mulya.ai
R&D capitalized (5yr)Base · active
$163
-34.4% vs market
Mulya.ai vs Analyst IV Comparison?
Mulya.ai IV range ($161 · $200) Analysts Range ($304 · $380) Fundamentals · historical + forward · baseitalics = DCF projection
| Period | Revenue | Rev Gr ? | Ops M% ? | Tax Rate ? | NOPAT ? | Reinvest ? | FCFF ? | WACC% ? | PV FCFF ? | ROIC ? | Inv. Cap ? | EPS ? | P/E |
|---|
| 2021.Q4 | $57.4B | — | 14.9% | 2.6% | $8.3B | $203MM | $8.5B | 5.7% | — | 10.2% | $81.7B | $6.03 | — |
| 2022.Q4 | $60.5B | 5.5% | 16.8% | 0.0% | $15.7B | −$541MM | $15.1B | 7.8% | — | 19.1% | $82.6B | $1.72 | — |
| 2023.Q4 | $61.9B | 2.2% | 19.8% | 13.5% | $10.6B | −$2.6B | $7.9B | 6.8% | — | 12.7% | $84.3B | $7.88 | — |
| 2024.Q4 | $62.8B | 1.4% | 20.0% | 0.0% | $13.0B | −$865MM | $12.1B | 7.7% | — | 15.1% | $88.5B | $6.32 | — |
| 2025.Q4 | $67.5B | 7.6% | 21.5% | 0.0% | $14.9B | −$6.7B | $8.1B | 7.6% | — | 15.4% | $105.1B | $11.12 | 16.3 |
| italics below = DCF projection · 10yr Rev CAGR: 4.7% |
| 2026.Q4 | $71.2B | +5.4% | 19.2% | 2.0% | $13.4B | −$5.0B | $8.3B | 8.1% | $7.7B | 12.4% | $110.1B | $11.28 | 22.0 |
| 2027.Q4 | $74.4B | +4.6% | 20.1% | 4.0% | $14.4B | −$4.7B | $9.7B | 8.2% | $8.3B | 12.8% | $114.8B | $12.13 | 20.5 |
| 2028.Q4 | $78.3B | +5.2% | 19.0% | 6.0% | $14.0B | −$5.8B | $8.2B | 8.2% | $6.5B | 11.9% | $120.6B | $11.77 | 21.1 |
| 2029.Q4 | $82.2B | +5.0% | 19.5% | 8.0% | $14.8B | −$5.0B | $9.8B | 8.3% | $7.2B | 12.0% | $125.5B | $12.45 | 19.9 |
| 2030.Q4 | $86.3B | +4.9% | 19.5% | 10.0% | $15.1B | −$5.2B | $9.9B | 8.3% | $6.7B | 11.8% | $130.8B | $12.77 | 19.4 |
|
| Term. Yr+ | $111.4B | 4.1% | 19.7% | 20.0% | $17.5B | −$5.5B | $12.0B | 8.6% | $120.1B | 13.1% | — | — | — |
Active scenario IV: $163 (-34.4% vs market)