International Business Machines Corporation
—- Market cap
- $279.95B
- Debt
- —
- Cash
- −$13.59B
Complete market value, debt and cash evidence is required for enterprise value.
Compare price, profitability, solvency, and SEC-reported financials side by side—before deciding which assumptions deserve a closer look.
FY 2025 · View financials
Decision snapshot: IBM stock price vs AMD: inconclusive Relative valuation is incomplete for this pair. Review the available filing metrics before drawing a conclusion.
Quick read
Each company valued on the other's multiple, then compared with the market price.
Implied fair value · at AMD's multiple
Needs AMD P/E.
Implied fair value · at IBM's multiple
Price unavailable
Metric by metric
Where each company leads, and how wide the gap is.
Growth lag
Reported gross margin
Operating income + D&A
Lower is better
Not comparable
Lower leverage
Statements
Annual statements in reported currencies, with calculations and source evidence.
Values retain reported currencies and share bases. Select a figure to inspect its period, calculation and filing inputs. Differences require compatible units and periods.
Explore enterprise value and market valuation multiples in the valuation sections.
Trendline
Eight period-end years of reported revenue, earnings, and margins. Periods and currencies are shown with the data.
Price framework
USD market cap plus reported borrowing debt, less cash and equivalents. This EV proxy excludes investments, preferred stock and noncontrolling-interest adjustments.
Complete market value, debt and cash evidence is required for enterprise value.
Complete market value, debt and cash evidence is required for enterprise value.
Price framework
The same filing-backed model used on each company's valuation page, with company-specific inputs and calculated scenarios.
INTERNATIONAL BUSINESS MACHINES CORPORATION · implied price per share
Debt and bridge-cash inputs are required to translate enterprise value into equity value.
ADVANCED MICRO DEVICES, INC · implied price per share
Bear
$39.12
Base
$45.31
Bull
$53.38
Balance sheet health
Inspect reported liquidity and leverage alongside historical financial-health checks.
Financial strength on a 0–9 scale.
Bankruptcy-risk signal from balance sheet and earnings power.
Not enough data to score either balance sheet.
Cash excludes investments. EBITDA is an operating-income-plus-D&A proxy. Missing borrowing categories remain unavailable; select a value to inspect its inputs.
Comparable set
Where the pair sits against the wider comparable set.
Keep comparing
Open adjacent comparisons from the same industry to pressure-test the read across multiple pairs.
Microsoft Corporation
IBM vs MSFT
Oracle Corporation
IBM vs ORCL
Cisco Systems, Inc.
IBM vs CSCO
Cognizant Technology Solutions Corporation
IBM vs CTSH
NVIDIA Corporation
IBM vs NVDA
Intel Corporation
IBM vs INTC
Broadcom Inc.
IBM vs AVGO
QUALCOMM Incorporated
IBM vs QCOM
Texas Instruments Incorporated
IBM vs TXN
LLM-powered synthesis
An explanation of the financial evidence. Check its snapshot date against the figures above.
This explanation uses an earlier data snapshot or evidence version. Review its generation date and the current figures, or refresh after signing in.
If you believe IBM can sustain its higher margins while narrowing the growth gap to AMD, then IBM looks attractive on relative valuation because it trades at a much lower P/E and P/S multiple; if you think AMD’s faster revenue growth will persist, AMD’s premium is more defensible and IBM’s discount may be justified.
IBM trades at a large valuation discount to AMD on both earnings and sales multiples, but the gap is largely explained by AMD’s much higher growth profile. IBM is also well below the upper end of its own valuation references, while AMD’s multiples imply a far richer growth premium.
Supporting Metrics