value dashboard

INTERNATIONAL BUSINESS

300

S&P500

International Business Machines Corp.

Value Estimate

MACHINES CORP.
IBM - NYSE || Mkt Cap: $405.154b
250

Information Technology Services

Price: $205.02

Value: $204.67
200

150

Index Value: S&P500

2,000
1,800

100

1,600
1,400
1,200
1,000

50

800
600
400
200

2013

2012

2011

2010

2009

2008

2007

2006

2005

2004

Mar 13

Nov 12

Jul 12

Mar 12

Nov 11

Jul 11

Mar 11

Nov 10

Jul 10

Mar 10

Nov 09

Jul 09

Mar 09

Nov 08

Jul 08

Mar 08

Nov 07

Jul 07

Mar 07

Nov 06

Jul 06

Mar 06

Nov 05

Jul 05

Mar 05

Nov 04

Jul 04

Mar 04

Nov 03

2003

Jul 03

Value Index

Mar 03

Price

Dividends Per Share

0.0%

2.0%

4.0%

6.0%

Earnings Per Share

20

8.0%

FY2
12.87

FY1
9.21

2012
2011

4.91

4.39

3.75

10.28

15.6415

15.09

14.10

10.89

10

7.15

6.06

2010

0
2003

2009

2004

2005

2006

2007

2008

2009

2010

2011

2012

FY1

2008

Dividend Yield:
1.6%

2007
2006

Return on Equity
(5yr): 71.0%

Return on
Assets (5yr):
12.9%

E.B.I.T. Margin: Industry Margin:

Tax Rate: 24.9%
24.7%
16.5%

Capital
Expenditure
Rate: 3.9%

Earnings Yield:
5.0%

Price/Earnings
Ratio: 14.5

2005
2004

Earnings Yield

Dividend Yield

Growth Rate:
1.2%

FY2

14,000

15.00

12,000
10,000

10.00

8,000
6,000

5.00

4,000
2,000
0

0.00
2008

2009
Long Term Debt

2010
Debt Per Share (RS)

2011

2012
Earnings Per Share (RS)

Change in Estimated Value Over Time

PE Ratio Comparison

14

50

12

45

40

10
35

30

25

23
21

20
17

14

15
13

12
11

14

15

11

10

2003

2004

2005

2006

2007

2008

2009

2010

2011

2012

15

10yrs

Now