International Business Machines Corp ($IBM) filed a 10K annual report for 2010 recently so here's an update to my $IBM cash flow valuation posted February 7. This update incorporates the firm's year-end 2010 data. I believe $IBM is undervalued now at $162/share and fairly valued at $182/share on a cash flow valuation basis.
IBM is one of the largest information technology companies with an array of offerings including system hardware, infrastructure software, outsourcing, and systems integration services. The firm has operations in more than 170 countries, and generates about 65% of revenue from abroad.
CAGR: approx. 7%
Consensus Forecast Company 5-Year Growth: approx. 11% per year
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