CDW CORP/DE (CDW) Fundamental Analysis & Valuation

NASDAQ:CDW • US12514G1085

Current stock price

135.56 USD
+2.64 (+1.99%)
At close:
135.56 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

  • In the past year CDW was profitable.
  • CDW had a positive operating cash flow in the past year.
  • CDW had positive earnings in each of the past 5 years.
  • 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

  • The Return On Assets of CDW (6.65%) is better than 83.06% of its industry peers.
  • CDW's Return On Equity of 40.93% is amongst the best of the industry. CDW outperforms 99.19% of its industry peers.
  • CDW has a better Return On Invested Capital (14.09%) than 92.74% of its industry peers.
  • The Average Return On Invested Capital over the past 3 years for CDW is significantly above the industry average of 8.09%.
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

  • CDW's Profit Margin of 4.76% is fine compared to the rest of the industry. CDW outperforms 69.35% of its industry peers.
  • In the last couple of years the Profit Margin of CDW has grown nicely.
  • CDW has a better Operating Margin (7.38%) than 70.97% of its industry peers.
  • In the last couple of years the Operating Margin of CDW has grown nicely.
  • CDW's Gross Margin of 21.73% is on the low side compared to the rest of the industry. CDW is outperformed by 65.32% of its industry peers.
  • CDW's Gross Margin has improved in the last couple of years.
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.
  • CDW has less shares outstanding than it did 1 year ago.
  • Compared to 5 years ago, CDW has less shares outstanding
  • CDW has a better debt/assets ratio than last year.
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 2.48. 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 Altman-Z score (2.48) which is comparable to the rest of the industry.
  • The Debt to FCF ratio of CDW is 5.17, which is a neutral value as it means it would take CDW, 5.17 years of fcf income to pay off all of its debts.
  • With a decent Debt to FCF ratio value of 5.17, CDW is doing good in the industry, outperforming 62.90% of the companies in the same industry.
  • A Debt/Equity ratio of 1.77 is on the high side and indicates that CDW has dependencies on debt financing.
  • CDW has a worse Debt to Equity ratio (1.77) than 93.55% of its industry peers.
Industry RankSector Rank
Debt/Equity 1.77
Debt/FCF 5.17
Altman-Z 2.48
ROIC/WACC1.5
WACC9.4%
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

  • CDW has a Current Ratio of 1.18. 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 Current ratio (1.18) than 85.48% of its industry peers.
  • A Quick Ratio of 1.10 indicates that CDW should not have too much problems paying its short term obligations.
  • CDW has a Quick ratio of 1.10. This is in the lower half of the industry: CDW underperforms 75.00% 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

  • The Earnings Per Share has been growing slightly by 5.25% over the past year.
  • The Earnings Per Share has been growing by 8.76% on average over the past years. This is quite good.
  • The Revenue has been growing slightly by 6.79% in the past year.
  • CDW shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 3.96% yearly.
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

  • Based on estimates for the next years, CDW will show a small growth in Earnings Per Share. The EPS will grow by 7.36% on average per year.
  • The Revenue is expected to grow by 3.78% on average over the next years.
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

  • When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
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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6

4. CDW Valuation Analysis

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 13.52 indicates a correct valuation of CDW.
  • Based on the Price/Earnings ratio, CDW is valued cheaper than 91.13% of the companies in the same industry.
  • Compared to an average S&P500 Price/Earnings ratio of 26.54, CDW is valued a bit cheaper.
  • With a Price/Forward Earnings ratio of 12.77, CDW is valued correctly.
  • Based on the Price/Forward Earnings ratio, CDW is valued cheaply inside the industry as 87.10% of the companies are valued more expensively.
  • CDW is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 21.68, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 13.52
Fwd PE 12.77
CDW Price Earnings VS Forward Price EarningsCDW Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30 40 50

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, CDW is valued cheaply inside the industry as 83.06% of the companies are valued more expensively.
  • 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 15.94
EV/EBITDA 11.29
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 an expensive valuation of the company.
  • The excellent profitability rating of CDW may justify a higher PE ratio.
PEG (NY)2.31
PEG (5Y)1.54
EPS Next 2Y6.71%
EPS Next 3Y7.36%

More info and screens

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 1.85%.
  • Compared to an average industry Dividend Yield of 0.42, CDW pays a better dividend. On top of this CDW pays more dividend than 95.97% of the companies listed in the same industry.
  • CDW's Dividend Yield is comparable with the S&P500 average which is at 1.82.
Industry RankSector Rank
Dividend Yield 1.85%

5.2 History

  • The dividend of CDW is nicely growing with an annual growth rate of 10.23%!
  • 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 Years12
Div Non Decr Years12
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

More info and screens

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CDW Fundamentals: All Metrics, Ratios and Statistics

CDW CORP/DE

NASDAQ:CDW (4/29/2026, 8:01:13 PM)

After market: 135.56 0 (0%)

135.56

+2.64 (+1.99%)

Chartmill FA Rating
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Industry Strength81.37
Industry Growth86.96
Earnings (Last)02-04
Earnings (Next)05-06
Inst Owners97.17%
Inst Owner Change-0.08%
Ins Owners0.24%
Ins Owner Change5.54%
Market Cap17.35B
Revenue(TTM)22.42B
Net Income(TTM)1.07B
Analysts76.47
Price Target170.96 (26.11%)
Short Float %4.64%
Short Ratio3.65
Dividend
Industry RankSector Rank
Dividend Yield 1.85%
Yearly Dividend2.51
Dividend Growth(5Y)10.23%
DP30.81%
Div Incr Years12
Div Non Decr Years12
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)-1.76%
PT rev (3m)-8.09%
EPS NQ rev (1m)0%
EPS NQ rev (3m)2.95%
EPS NY rev (1m)0%
EPS NY rev (3m)-0.53%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)3.74%
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.65%
Valuation
Industry RankSector Rank
PE 13.52
Fwd PE 12.77
P/S 0.77
P/FCF 15.94
P/OCF 14.39
P/B 6.66
P/tB N/A
EV/EBITDA 11.29
EPS(TTM)10.03
EY7.4%
EPS(NY)10.62
Fwd EY7.83%
FCF(TTM)8.5
FCFY6.27%
OCF(TTM)9.42
OCFY6.95%
SpS175.23
BVpS20.36
TBVpS-25.34
PEG (NY)2.31
PEG (5Y)1.54
Graham Number67.7927 (-49.99%)
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 2.48
F-Score5
WACC9.4%
ROIC/WACC1.5
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 Year9.82%
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 6 / 10 to CDW CORP/DE (CDW). This can be considered as Fairly Valued.


Can you provide the profitability details for CDW CORP/DE?

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


Can you provide the financial health for CDW stock?

The financial health rating of CDW CORP/DE (CDW) is 4 / 10.


Can you provide the dividend sustainability for CDW stock?

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