CDW CORP/DE (CDW) Fundamental Analysis & Valuation

NASDAQ:CDW • US12514G1085

Current stock price

116.16 USD
+2.68 (+2.36%)
At close:
116.16 USD
0 (0%)
After Hours:

This CDW fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

8

1. CDW Profitability Analysis

1.1 Basic Checks

  • CDW had positive earnings in the past year.
  • CDW had a positive operating cash flow in the past year.
  • Each year in the past 5 years CDW has been profitable.
  • CDW had a positive operating cash flow in each of the past 5 years.
CDW Yearly Net Income VS EBIT VS OCF VS FCFCDW Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 500M 1B 1.5B

1.2 Ratios

  • CDW's Return On Assets of 6.65% is amongst the best of the industry. CDW outperforms 83.06% of its industry peers.
  • CDW's Return On Equity of 40.93% is amongst the best of the industry. CDW outperforms 98.39% of its industry peers.
  • CDW's Return On Invested Capital of 14.09% is amongst the best of the industry. CDW outperforms 91.94% of its industry peers.
  • The Average Return On Invested Capital over the past 3 years for CDW is significantly above the industry average of 8.67%.
Industry RankSector Rank
ROA 6.65%
ROE 40.93%
ROIC 14.09%
ROA(3y)7.44%
ROA(5y)7.66%
ROE(3y)46.93%
ROE(5y)70.09%
ROIC(3y)14.53%
ROIC(5y)14.52%
CDW Yearly ROA, ROE, ROICCDW Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 50 100

1.3 Margins

  • Looking at the Profit Margin, with a value of 4.76%, CDW is in the better half of the industry, outperforming 69.35% of the companies in the same industry.
  • CDW's Profit Margin has improved in the last couple of years.
  • The Operating Margin of CDW (7.38%) is better than 70.16% of its industry peers.
  • CDW's Operating Margin has improved in the last couple of years.
  • CDW has a Gross Margin of 21.73%. This is in the lower half of the industry: CDW underperforms 63.71% of its industry peers.
  • In the last couple of years the Gross Margin of CDW has grown nicely.
Industry RankSector Rank
OM 7.38%
PM (TTM) 4.76%
GM 21.73%
OM growth 3Y0.35%
OM growth 5Y2.95%
PM growth 3Y0.44%
PM growth 5Y2.17%
GM growth 3Y3.27%
GM growth 5Y4.57%
CDW Yearly Profit, Operating, Gross MarginsCDW Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5 10 15 20

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ROAROEROICOperating and Profit MarginShow most profitable peers

4

2. CDW Health Analysis

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so CDW is still creating some value.
  • Compared to 1 year ago, CDW has less shares outstanding
  • Compared to 5 years ago, CDW has less shares outstanding
  • The debt/assets ratio for CDW has been reduced compared to a year ago.
CDW Yearly Shares OutstandingCDW Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 50M 100M 150M
CDW Yearly Total Debt VS Total AssetsCDW Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5B 10B 15B

2.2 Solvency

  • CDW has an Altman-Z score of 2.38. This is not the best score and indicates that CDW is in the grey zone with still only limited risk for bankruptcy at the moment.
  • CDW has a worse Altman-Z score (2.38) than 62.90% of its industry peers.
  • CDW has a debt to FCF ratio of 5.17. This is a neutral value as CDW would need 5.17 years to pay back of all of its debts.
  • Looking at the Debt to FCF ratio, with a value of 5.17, CDW is in the better half of the industry, outperforming 62.10% of the companies in the same industry.
  • CDW has a Debt/Equity ratio of 1.77. This is a high value indicating a heavy dependency on external financing.
  • CDW has a Debt to Equity ratio of 1.77. This is amonst the worse of the industry: CDW underperforms 93.55% of its industry peers.
Industry RankSector Rank
Debt/Equity 1.77
Debt/FCF 5.17
Altman-Z 2.38
ROIC/WACC1.67
WACC8.45%
CDW Yearly LT Debt VS Equity VS FCFCDW Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2B 4B 6B

2.3 Liquidity

  • A Current Ratio of 1.18 indicates that CDW should not have too much problems paying its short term obligations.
  • CDW's Current ratio of 1.18 is on the low side compared to the rest of the industry. CDW is outperformed by 84.68% of its industry peers.
  • CDW has a Quick Ratio of 1.10. This is a normal value and indicates that CDW is financially healthy and should not expect problems in meeting its short term obligations.
  • CDW has a worse Quick ratio (1.10) than 71.77% of its industry peers.
Industry RankSector Rank
Current Ratio 1.18
Quick Ratio 1.1
CDW Yearly Current Assets VS Current LiabilitesCDW Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2B 4B 6B 8B

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

4

3. CDW Growth Analysis

3.1 Past

  • CDW shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 5.25%.
  • Measured over the past years, CDW shows a quite strong growth in Earnings Per Share. The EPS has been growing by 8.76% on average per year.
  • Looking at the last year, CDW shows a small growth in Revenue. The Revenue has grown by 6.79% in the last year.
  • The Revenue has been growing slightly by 3.96% on average over the past years.
EPS 1Y (TTM)5.25%
EPS 3Y0.81%
EPS 5Y8.76%
EPS Q2Q%3.63%
Revenue 1Y (TTM)6.79%
Revenue growth 3Y-1.9%
Revenue growth 5Y3.96%
Sales Q2Q%6.27%

3.2 Future

  • CDW is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 7.36% yearly.
  • Based on estimates for the next years, CDW will show a small growth in Revenue. The Revenue will grow by 3.78% on average per year.
EPS Next Y5.86%
EPS Next 2Y6.71%
EPS Next 3Y7.36%
EPS Next 5YN/A
Revenue Next Year4.05%
Revenue Next 2Y4.03%
Revenue Next 3Y3.78%
Revenue Next 5YN/A

3.3 Evolution

  • The EPS growth rate is stable: in the next years the growth will be about the same than in the last years.
  • The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
CDW Yearly Revenue VS EstimatesCDW Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 5B 10B 15B 20B 25B
CDW Yearly EPS VS EstimatesCDW Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2 4 6 8 10

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Find the best growth stocksShow best growing peers

8

4. CDW Valuation Analysis

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 11.58, which indicates a very decent valuation of CDW.
  • 92.74% of the companies in the same industry are more expensive than CDW, based on the Price/Earnings ratio.
  • Compared to an average S&P500 Price/Earnings ratio of 25.70, CDW is valued rather cheaply.
  • A Price/Forward Earnings ratio of 10.94 indicates a reasonable valuation of CDW.
  • 87.10% of the companies in the same industry are more expensive than CDW, based on the Price/Forward Earnings ratio.
  • CDW is valuated cheaply when we compare the Price/Forward Earnings ratio to 23.84, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 11.58
Fwd PE 10.94
CDW Price Earnings VS Forward Price EarningsCDW Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30 40

4.2 Price Multiples

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of CDW indicates a rather cheap valuation: CDW is cheaper than 83.87% of the companies listed in the same industry.
  • Based on the Price/Free Cash Flow ratio, CDW is valued cheaper than 86.29% of the companies in the same industry.
Industry RankSector Rank
P/FCF 13.77
EV/EBITDA 10.07
CDW Per share dataCDW EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 50 100 150

4.3 Compensation for Growth

  • The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates CDW does not grow enough to justify the current Price/Earnings ratio.
  • CDW has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)1.98
PEG (5Y)1.32
EPS Next 2Y6.71%
EPS Next 3Y7.36%

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Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

7

5. CDW Dividend Analysis

5.1 Amount

  • CDW has a Yearly Dividend Yield of 2.03%. Purely for dividend investing, there may be better candidates out there.
  • Compared to an average industry Dividend Yield of 0.47, CDW pays a better dividend. On top of this CDW pays more dividend than 95.97% of the companies listed in the same industry.
  • Compared to an average S&P500 Dividend Yield of 1.82, CDW has a dividend comparable with the average S&P500 company.
Industry RankSector Rank
Dividend Yield 2.03%

5.2 History

  • On average, the dividend of CDW grows each year by 10.23%, which is quite nice.
  • CDW has paid a dividend for at least 10 years, which is a reliable track record.
  • CDW has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)10.23%
Div Incr Years11
Div Non Decr Years11
CDW Yearly Dividends per shareCDW Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 0.5 1 1.5 2 2.5

5.3 Sustainability

  • 30.81% of the earnings are spent on dividend by CDW. This is a low number and sustainable payout ratio.
  • CDW's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP30.81%
EPS Next 2Y6.71%
EPS Next 3Y7.36%
CDW Yearly Income VS Free CF VS DividendCDW Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 500M 1B
CDW Dividend Payout.CDW Dividend Payout, showing the Payout Ratio.CDW Dividend Payout.PayoutRetained Earnings

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Find the best dividend stocksShow peers with best dividend

CDW Fundamentals: All Metrics, Ratios and Statistics

CDW CORP/DE

NASDAQ:CDW (3/13/2026, 8:14:35 PM)

After market: 116.16 0 (0%)

116.16

+2.68 (+2.36%)

Chartmill FA Rating
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)02-04
Earnings (Next)05-05
Inst Owners96.98%
Inst Owner Change2.8%
Ins Owners0.2%
Ins Owner Change5.5%
Market Cap14.98B
Revenue(TTM)22.42B
Net Income(TTM)1.07B
Analysts76.47
Price Target174.02 (49.81%)
Short Float %3.89%
Short Ratio2.6
Dividend
Industry RankSector Rank
Dividend Yield 2.03%
Yearly Dividend2.51
Dividend Growth(5Y)10.23%
DP30.81%
Div Incr Years11
Div Non Decr Years11
Ex-Date02-25
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)3.26%
Min EPS beat(2)2.37%
Max EPS beat(2)4.15%
EPS beat(4)4
Avg EPS beat(4)4.59%
Min EPS beat(4)2.37%
Max EPS beat(4)8.48%
EPS beat(8)5
Avg EPS beat(8)0.2%
EPS beat(12)8
Avg EPS beat(12)1.14%
EPS beat(16)11
Avg EPS beat(16)1.58%
Revenue beat(2)1
Avg Revenue beat(2)1%
Min Revenue beat(2)-1.16%
Max Revenue beat(2)3.16%
Revenue beat(4)3
Avg Revenue beat(4)3.42%
Min Revenue beat(4)-1.16%
Max Revenue beat(4)7.36%
Revenue beat(8)4
Avg Revenue beat(8)1.04%
Revenue beat(12)5
Avg Revenue beat(12)-0.06%
Revenue beat(16)6
Avg Revenue beat(16)-0.79%
PT rev (1m)-4.16%
PT rev (3m)-7.1%
EPS NQ rev (1m)2.95%
EPS NQ rev (3m)2.9%
EPS NY rev (1m)0.12%
EPS NY rev (3m)-0.74%
Revenue NQ rev (1m)3.74%
Revenue NQ rev (3m)3.74%
Revenue NY rev (1m)1.66%
Revenue NY rev (3m)1.21%
Valuation
Industry RankSector Rank
PE 11.58
Fwd PE 10.94
P/S 0.67
P/FCF 13.77
P/OCF 12.43
P/B 5.75
P/tB N/A
EV/EBITDA 10.07
EPS(TTM)10.03
EY8.63%
EPS(NY)10.62
Fwd EY9.14%
FCF(TTM)8.44
FCFY7.26%
OCF(TTM)9.34
OCFY8.04%
SpS173.84
BVpS20.2
TBVpS-25.14
PEG (NY)1.98
PEG (5Y)1.32
Graham Number67.52
Profitability
Industry RankSector Rank
ROA 6.65%
ROE 40.93%
ROCE 18.81%
ROIC 14.09%
ROICexc 15.15%
ROICexgc 53.12%
OM 7.38%
PM (TTM) 4.76%
GM 21.73%
FCFM 4.85%
ROA(3y)7.44%
ROA(5y)7.66%
ROE(3y)46.93%
ROE(5y)70.09%
ROIC(3y)14.53%
ROIC(5y)14.52%
ROICexc(3y)15.7%
ROICexc(5y)15.43%
ROICexgc(3y)62.67%
ROICexgc(5y)61.96%
ROCE(3y)19.39%
ROCE(5y)19.38%
ROICexgc growth 3Y-5.94%
ROICexgc growth 5Y-9.74%
ROICexc growth 3Y-2.82%
ROICexc growth 5Y-7.08%
OM growth 3Y0.35%
OM growth 5Y2.95%
PM growth 3Y0.44%
PM growth 5Y2.17%
GM growth 3Y3.27%
GM growth 5Y4.57%
F-Score5
Asset Turnover1.4
Health
Industry RankSector Rank
Debt/Equity 1.77
Debt/FCF 5.17
Debt/EBITDA 2.37
Cap/Depr 39.61%
Cap/Sales 0.52%
Interest Coverage 7.07
Cash Conversion 61.77%
Profit Quality 102.02%
Current Ratio 1.18
Quick Ratio 1.1
Altman-Z 2.38
F-Score5
WACC8.45%
ROIC/WACC1.67
Cap/Depr(3y)46.3%
Cap/Depr(5y)47.03%
Cap/Sales(3y)0.6%
Cap/Sales(5y)0.56%
Profit Quality(3y)113.5%
Profit Quality(5y)103.61%
High Growth Momentum
Growth
EPS 1Y (TTM)5.25%
EPS 3Y0.81%
EPS 5Y8.76%
EPS Q2Q%3.63%
EPS Next Y5.86%
EPS Next 2Y6.71%
EPS Next 3Y7.36%
EPS Next 5YN/A
Revenue 1Y (TTM)6.79%
Revenue growth 3Y-1.9%
Revenue growth 5Y3.96%
Sales Q2Q%6.27%
Revenue Next Year4.05%
Revenue Next 2Y4.03%
Revenue Next 3Y3.78%
Revenue Next 5YN/A
EBIT growth 1Y0.26%
EBIT growth 3Y-1.55%
EBIT growth 5Y7.03%
EBIT Next Year7.88%
EBIT Next 3Y6.73%
EBIT Next 5YN/A
FCF growth 1Y-5.77%
FCF growth 3Y-3.43%
FCF growth 5Y-1.21%
OCF growth 1Y-5.64%
OCF growth 3Y-3.37%
OCF growth 5Y-1.72%

CDW CORP/DE / CDW Fundamental Analysis FAQ

Can you provide the ChartMill fundamental rating for CDW CORP/DE?

ChartMill assigns a fundamental rating of 6 / 10 to CDW.


What is the valuation status for CDW stock?

ChartMill assigns a valuation rating of 8 / 10 to CDW CORP/DE (CDW). This can be considered as Undervalued.


How profitable is CDW CORP/DE (CDW) stock?

CDW CORP/DE (CDW) has a profitability rating of 8 / 10.


What are the PE and PB ratios of CDW CORP/DE (CDW) stock?

The Price/Earnings (PE) ratio for CDW CORP/DE (CDW) is 11.58 and the Price/Book (PB) ratio is 5.75.


Is the dividend of CDW CORP/DE sustainable?

The dividend rating of CDW CORP/DE (CDW) is 7 / 10 and the dividend payout ratio is 30.81%.