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STOCK COMPARISON

3I Group vs International Business Machines: Fair Value & Quality

Both stocks run through our valuation models. Here is how 3I Group (III) and International Business Machines (IBM) compare, as of Aug 14, 2026.

As of Aug 14, 2026, Fair Value Calculator sees 3I Group as the less overvalued of the two: 3I Group trades at £28.13 versus a fair value of £26.11 (-7%), while International Business Machines trades at $237 versus $176 (-26%).
3I Group
III.LSE · GBX · Financials
-7%
upside to fair value
fairly valued
Price£28.13
Fair Value£26.11
Quality61/100
International Business Machines
IBM · USD · Information Technology
-26%
upside to fair value
overvalued
Price$237
Fair Value$176
Quality67/100

Head-to-head numbers

Green value = the better side for that row (for valuation multiples: lower = cheaper).

3I GroupInternational Business Machines
Valuation
5.0×P/E (TTM)25.7×
6.56×P/S (TTM)2.96×
1.19×P/B6.25×
6.8×EV/EBITDA14.8×
PEG2.71×
3.2%Dividend yield2.3%
£0.85Dividend per share$6.72
Profitability
95%Net margin16%
97%Operating margin14%
19%Return on equity36%
12%Return on assets5%
Growth
-33%Revenue growth (YoY)10%
94.7%Avg. growth/yr (3Y)3.7%
97.3%Avg. growth/yr (5Y)-1.7%
Balance & size
0.03×Debt / equity1.68×
$37BMarket cap$204B
expensiveGrowth qualityweak

3I Group leads: 10 to 3 metric wins.

Dash = not meaningfully computable, for example with negative equity.

Quality in detail

The quality score, broken down into the same factor families as on the stock page, 0 to 100 per family.

3I Groupof which business quality 60 · market factors 34 International Business Machinesof which business quality 61 · market factors 40
ProfitabilityMargins and returns on capital today
52
59
Quality GrowthAre margins and returns improving?
35
68
CashflowEarnings quality: real cash, not paper profit
75
70
Fin. StrengthBalance sheet, leverage, solvency risk
76
39
InvestmentDisciplined investing over empire-building
33
66
Low VolatilityCalm price path (market factor)
40
54
MomentumPrice trend over the last 3–12 months (market factor)
37
36
52W MomentumDistance to the 52-week high (market factor)
21
29
Net IssuanceBuybacks instead of dilution
71
69

What the models say

The median fair value (base case) per model family, each in the currency of its trading venue. Green = above the current price, red = below.

3I Group

Multiples£26.11
Asset-Based£20.58

2 of 2 models see the stock below the current price.

International Business Machines

DCF Models$170
Earnings-Based$84.63
Dividend Discount$76.30
Multiples$206
Asset-Based$23.27
Growth DCF$125
Economic Profit$84.51
Growth Earnings$237

22 of 24 models see the stock below the current price.

Scenario ranges

From our cautious bear case to the optimistic bull case. The white tick is the current price: left of fair value means room to run.

3I Group
Bear £19.58Fair Value £26.11Bull £32.64
£28.13 = current price (white tick)
International Business Machines
Bear $111Fair Value $176Bull $273
$237 = current price (white tick)

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Ranked within their sector

Where each stock sits within its sector peer group. Band = middle 50% of peers, tick = median, dot = this stock.

3I Group · Financials

Quality score61 · above median
Fair value upside-7% · below median

International Business Machines · Information Technology

Quality score67 · Top 25%
Fair value upside-26% · above median

Bottom line

As of Aug 14, 2026, Fair Value Calculator sees 3I Group as the less overvalued of the two: 3I Group trades at £28.13 versus a fair value of £26.11 (-7%), while International Business Machines trades at $237 versus $176 (-26%).

International Business Machines has the higher quality score (67/100).

See the full analysis →

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A model-based valuation snapshot from 21 models. Values change with price and fundamentals; the date shown above applies.