$IBM(IBM)$ Based on a two-stage free cash flow to equity model, IBM's intrinsic value comes out to around $327 per share. The stock looks about 35% undervalued, implying a potential upside of roughly 55% if it holds to that free cash flow outlook.
$IBM(IBM)$ Based on a two-stage free cash flow to equity model, IBM's intrinsic value comes out to around $327 per share. The stock looks about 35% undervalued, implying a potential upside of roughly 55% if it holds to that free cash flow outlook.
Comments