International Business Machines Corporation (CDI) (IBM)

$ 222.40
   
  • Change Today:
    $7.80
  • 52 Week High: $235.26
  • 52 Week Low: $155.13
  • Currency: US Dollars
  • Shares Issued: 4,687.50m
  • Volume: 5,233,819
  • Market Cap: $1,042,500m
  • RiskGrade: 145
  • Beta: 0.70

Fundamentals - based on IFRS

  $ (Millions) $ (Millions) $ (Millions) $ (Millions) $ (Millions)
Income Statement 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19
Continuing Operations          
Revenue 61.86 60.53 57,350.00 55,179.00 77,147.00
Operating Profit/(Loss) 8.69 1.16 5,992.00 3,860.00 11,510.00
Profit Before Tax 7.51 1.78 4,837.00 2,572.00 10,166.00
Profit After Tax 7.50 1.64 4,712.00 3,932.00 9,435.00
           
Earnings per Share - Basic 825.00¢ 197.00¢ 641.00¢ 442.00¢ 1,063.00¢
Earnings per Share - Adjusted 825.00¢ 197.00¢ 641.00¢ 442.00¢ 1,063.00¢
           
Dividend per Share 663.00¢ 659.00¢ 655.00¢ 489.00¢ 648.00¢
  $ (Millions) $ (Millions) $ (Millions) $ (Millions) $ (Millions)
Balance Sheet 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19
Assets          
Non-Current Assets          
Property, Plant & Equipment 8.72 8.21 8,916.00 9,771.00 15,006.00
Intangible Assets 71.21 67.13 68,154.00 67,504.00 73,457.00
Other Non-Current Assets 22.40 22.78 25,392.00 30,258.00 14,517.00
  102.33 98.12 102,462.00 116,806.00 113,766.00
Current Assets          
Inventories 1.16 1.55 1,649.00 1,812.00 1,619.00
Cash at Bank & in Hand 13.07 7.89 6,650.00 13,188.00 8,172.00
Other Current Assets 18.68 19.68 21,240.00 6,788.00 2,733.00
  32.91 29.12 29,539.00 39,165.00 38,420.00
           
Other Assets n/a n/a n/a n/a n/a
Total Assets 135.24 127.24 132,001.00 155,971.00 152,186.00
Current Liabilities          
Borrowings 6.43 4.76 7,761.00 8,151.00 10,177.00
Other Current Liabilities 27.70 26.75 25,858.00 31,718.00 27,524.00
           
Current Liabilities 34.12 31.51 33,619.00 39,869.00 37,701.00
           
Net Current Assets c(1.21) c(2.39) c(4,080.00) cn/a cn/a
           
Borrowings 50.12 46.19 47,379.00 56,937.00 57,981.00
Other Non-Current Liabilities 28.39 27.53 32,007.00 38,438.00 35,519.00
Non-Current Liabilities 78.51 73.72 79,386.00 95,375.00 93,500.00
           
Other Liabilities n/a n/a n/a n/a n/a
Total Liabilities 112.63 105.22 113,005.00 135,244.00 131,201.00
           
Net Assets 22.61 22.02 18,996.00 20,727.00 20,985.00
           
Shareholders Funds 22.53 21.94 18,901.00 20,597.00 20,841.00
           
Minority Interests/Other Equity 0.08 0.08 95.00 130.00 144.00
Total Equity 22.61 22.02 18,996.00 20,727.00 20,985.00
Cash Flow 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19
Net Cash Flow From Operating Activities 13.93 10.44 12,796.00 18,197.00 14,770.00
Net Cash Flow from Investing Activities (7.07) (4.20) (5,975.00) (3,028.00) (26,936.00)
Net Cash Flow from Financing Activities (1.77) (4.96) (13,539.00) (9,808.00) 8,876.00
Net Increase/Decrease In Cash 5.09 1.27 (6,718.00) 5,361.00 (3,290.00)
Ratios - based on IFRS 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19
Continuing Operations          
PE Ratio - Adjusted 19.8 71.5 20.9 28.5 12.6
PEG - Adjusted 0.1 n/a 0.5 n/a 1.1
Earnings per Share Growth - Adjusted 319% -69% 45% -58% 11%
Dividend Cover 1.24 0.30 0.98 0.90 1.64
Revenue per Share 1.32¢ 1.29¢ 12.35¢ 1,177.15¢ 1,645.80¢
Pre-Tax Profit per Share 0.16¢ 0.038¢ 1.04¢ 54.87¢ 216.88¢
Operating Margin 14.05% 1.91% 10.45% 7.00% 14.92%
Return on Capital Employed 94.56% 30.55% 0.82% 7.01% 73.38%
           
Dividend Yield 4.1% 4.7% 4.9% 3.9% 4.8%
Dividend per Share Growth 0.61% 0.61% 33.95% (24.54%) 3.18%
Operating Cash Flow per Share 0.30¢ 0.22¢ 272.98¢ 388.20¢ 315.09¢
Cash Incr/Decr per Share 0.11¢ 0.027¢ (1.45¢) 114.37¢ (70.19¢)
Net Asset Value per Share (exc. Intangibles) (1.04¢) (0.96¢) (1,048.70¢) (997.91¢) (1,119.40¢)
Net Gearing 192.96% 196.24% 256.55% 251.98% 287.83%

Key

* GAAP

a. Includes discontinued activities

b. Including assets due in more than one year

c. Not disclosed under IFRS

d. Total fixed assets

e. Includes borrowings

f. Included in cash flow from operating activities under IFRS

g. Included in net cash from investing activities under IFRS

h. Pre-tax

i. Capital expenditure

j. Based on operating cash flow before tax

k. Issue of ordinary shares

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

Note 3: Forecast figures based on normalised accounts.

 

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