DELL TECHNOLOGIES -C (DELL) Fundamental Analysis & Valuation

NYSE:DELL • US24703L2025

144.855 USD
-1.67 (-1.14%)
Last: Mar 6, 2026, 03:39 PM
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This DELL fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

Fundamental Rating

5

Overall DELL gets a fundamental rating of 5 out of 10. We evaluated DELL against 36 industry peers in the Technology Hardware, Storage & Peripherals industry. DELL has an excellent profitability rating, but there are concerns on its financial health. DELL scores decently on growth, while it is valued quite cheap. This could make an interesting combination.


Dividend Valuation Growth Profitability Health

7

1. DELL Profitability Analysis

1.1 Basic Checks

  • In the past year DELL was profitable.
  • DELL had a positive operating cash flow in the past year.
  • Each year in the past 5 years DELL has been profitable.
  • In the past 5 years DELL always reported a positive cash flow from operatings.
DELL Yearly Net Income VS EBIT VS OCF VS FCFDELL 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 2026 0 5B 10B

1.2 Ratios

  • With an excellent Return On Assets value of 5.86%, DELL belongs to the best of the industry, outperforming 80.56% of the companies in the same industry.
  • Looking at the Return On Invested Capital, with a value of 19.24%, DELL belongs to the top of the industry, outperforming 83.33% of the companies in the same industry.
  • Measured over the past 3 years, the Average Return On Invested Capital for DELL is in line with the industry average of 16.73%.
  • The last Return On Invested Capital (19.24%) for DELL is above the 3 year average (17.10%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA 5.86%
ROE N/A
ROIC 19.24%
ROA(3y)5.25%
ROA(5y)4.89%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)17.1%
ROIC(5y)15.32%
DELL Yearly ROA, ROE, ROICDELL Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 0 100 -100 -200 -300 -400

1.3 Margins

  • With an excellent Profit Margin value of 5.23%, DELL belongs to the best of the industry, outperforming 83.33% of the companies in the same industry.
  • DELL's Profit Margin has improved in the last couple of years.
  • With a decent Operating Margin value of 7.48%, DELL is doing good in the industry, outperforming 77.78% of the companies in the same industry.
  • In the last couple of years the Operating Margin of DELL has grown nicely.
  • DELL has a Gross Margin of 20.00%. This is in the lower half of the industry: DELL underperforms 63.89% of its industry peers.
  • In the last couple of years the Gross Margin of DELL has declined.
Industry RankSector Rank
OM 7.48%
PM (TTM) 5.23%
GM 20%
OM growth 3Y5.86%
OM growth 5Y9.26%
PM growth 3Y29.83%
PM growth 5Y6.87%
GM growth 3Y-3.38%
GM growth 5Y-2.96%
DELL Yearly Profit, Operating, Gross MarginsDELL Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 0 10 20

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ROAROEROICOperating and Profit MarginShow most profitable peers

3

2. DELL Health Analysis

2.1 Basic Checks

  • DELL has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
  • Compared to 1 year ago, DELL has less shares outstanding
  • The number of shares outstanding for DELL has been reduced compared to 5 years ago.
  • DELL has a worse debt/assets ratio than last year.
DELL Yearly Shares OutstandingDELL Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 200M 400M 600M 800M
DELL Yearly Total Debt VS Total AssetsDELL Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 20B 40B 60B 80B 100B

2.2 Solvency

  • DELL has an Altman-Z score of 1.94. This is not the best score and indicates that DELL is in the grey zone with still only limited risk for bankruptcy at the moment.
  • With a Altman-Z score value of 1.94, DELL perfoms like the industry average, outperforming 55.56% of the companies in the same industry.
  • The Debt to FCF ratio of DELL is 3.68, which is a good value as it means it would take DELL, 3.68 years of fcf income to pay off all of its debts.
  • With a decent Debt to FCF ratio value of 3.68, DELL is doing good in the industry, outperforming 69.44% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity N/A
Debt/FCF 3.68
Altman-Z 1.94
ROIC/WACC2.49
WACC7.74%
DELL Yearly LT Debt VS Equity VS FCFDELL Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 0 10B 20B 30B 40B

2.3 Liquidity

  • A Current Ratio of 0.91 indicates that DELL may have some problems paying its short term obligations.
  • Looking at the Current ratio, with a value of 0.91, DELL is doing worse than 75.00% of the companies in the same industry.
  • A Quick Ratio of 0.75 indicates that DELL may have some problems paying its short term obligations.
  • The Quick ratio of DELL (0.75) is worse than 61.11% of its industry peers.
Industry RankSector Rank
Current Ratio 0.91
Quick Ratio 0.75
DELL Yearly Current Assets VS Current LiabilitesDELL Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 20B 40B 60B

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

6

3. DELL Growth Analysis

3.1 Past

  • The Earnings Per Share has grown by an nice 14.39% over the past year.
  • The Earnings Per Share has been growing slightly by 1.68% on average over the past years.
  • The Revenue has grown by 18.80% in the past year. This is quite good.
  • DELL shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 2.42% yearly.
EPS 1Y (TTM)14.39%
EPS 3Y-1.89%
EPS 5Y1.68%
EPS Q2Q%0%
Revenue 1Y (TTM)18.8%
Revenue growth 3Y-1.89%
Revenue growth 5Y2.42%
Sales Q2Q%0%

3.2 Future

  • The Earnings Per Share is expected to grow by 17.43% on average over the next years. This is quite good.
  • The Revenue is expected to grow by 9.28% on average over the next years. This is quite good.
EPS Next Y27.11%
EPS Next 2Y21.61%
EPS Next 3Y18.82%
EPS Next 5Y17.43%
Revenue Next Year16.19%
Revenue Next 2Y13.94%
Revenue Next 3Y11.58%
Revenue Next 5Y9.28%

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 accelerating.
  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
DELL Yearly Revenue VS EstimatesDELL Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 50B 100B 150B
DELL Yearly EPS VS EstimatesDELL Yearly EPS VS EstimatesYearly EPS VS Estimates 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 5 10 15

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Find the best growth stocksShow best growing peers

7

4. DELL Valuation Analysis

4.1 Price/Earnings Ratio

  • Based on the Price/Earnings ratio of 15.85, the valuation of DELL can be described as correct.
  • Based on the Price/Earnings ratio, DELL is valued cheaper than 83.33% of the companies in the same industry.
  • DELL is valuated rather cheaply when we compare the Price/Earnings ratio to 26.69, which is the current average of the S&P500 Index.
  • DELL is valuated correctly with a Price/Forward Earnings ratio of 12.26.
  • Based on the Price/Forward Earnings ratio, DELL is valued a bit cheaper than the industry average as 72.22% of the companies are valued more expensively.
  • The average S&P500 Price/Forward Earnings ratio is at 24.79. DELL is valued rather cheaply when compared to this.
Industry RankSector Rank
PE 15.85
Fwd PE 12.26
DELL Price Earnings VS Forward Price EarningsDELL Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • Based on the Price/Free Cash Flow ratio, DELL is valued cheaper than 80.56% of the companies in the same industry.
Industry RankSector Rank
P/FCF 11.22
EV/EBITDA N/A
DELL Per share dataDELL EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 50 100 150

4.3 Compensation for Growth

  • DELL's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
  • DELL has a very decent profitability rating, which may justify a higher PE ratio.
  • DELL's earnings are expected to grow with 18.82% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.58
PEG (5Y)9.41
EPS Next 2Y21.61%
EPS Next 3Y18.82%

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

4

5. DELL Dividend Analysis

5.1 Amount

  • DELL has a Yearly Dividend Yield of 1.73%. Purely for dividend investing, there may be better candidates out there.
  • Compared to an average industry Dividend Yield of 0.65, DELL pays a better dividend. On top of this DELL pays more dividend than 83.33% of the companies listed in the same industry.
  • DELL's Dividend Yield is comparable with the S&P500 average which is at 1.82.
Industry RankSector Rank
Dividend Yield 1.73%

5.2 History

  • DELL has been paying a dividend for over 5 years, so it has already some track record.
  • The dividend of DELL decreased in the last 3 years.
Dividend Growth(5Y)N/A
Div Incr Years2
Div Non Decr Years2
DELL Yearly Dividends per shareDELL Yearly Dividends per shareYearly Dividends per share 2022 2023 2024 2025 2026 0.5 1 1.5 2

5.3 Sustainability

  • DELL pays out 24.58% of its income as dividend. This is a sustainable payout ratio.
DP24.58%
EPS Next 2Y21.61%
EPS Next 3Y18.82%
DELL Yearly Income VS Free CF VS DividendDELL Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 0 2B -2B 4B 6B 8B
DELL Dividend Payout.DELL Dividend Payout, showing the Payout Ratio.DELL Dividend Payout.PayoutRetained Earnings

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Find the best dividend stocksShow peers with best dividend

DELL Fundamentals: All Metrics, Ratios and Statistics

DELL TECHNOLOGIES -C

NYSE:DELL (3/6/2026, 3:39:09 PM)

144.855

-1.67 (-1.14%)

Chartmill FA Rating
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryTechnology Hardware, Storage & Peripherals
Earnings (Last)11-25
Earnings (Next)05-27
Inst Owners73.62%
Inst Owner Change6.92%
Ins Owners5.6%
Ins Owner Change-34.6%
Market Cap95.99B
Revenue(TTM)113.54B
Net Income(TTM)5.94B
Analysts80
Price Target158.23 (9.23%)
Short Float %8.81%
Short Ratio3.55
Dividend
Industry RankSector Rank
Dividend Yield 1.73%
Yearly Dividend2.15
Dividend Growth(5Y)N/A
DP24.58%
Div Incr Years2
Div Non Decr Years2
Ex-Date01-20
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-11.42%
Min EPS beat(2)-25.55%
Max EPS beat(2)2.72%
EPS beat(4)1
Avg EPS beat(4)-8.49%
Min EPS beat(4)-25.55%
Max EPS beat(4)2.72%
EPS beat(8)4
Avg EPS beat(8)-2.51%
EPS beat(12)8
Avg EPS beat(12)10.88%
EPS beat(16)12
Avg EPS beat(16)13.12%
Revenue beat(2)0
Avg Revenue beat(2)-14.25%
Min Revenue beat(2)-26.1%
Max Revenue beat(2)-2.4%
Revenue beat(4)1
Avg Revenue beat(4)-7.35%
Min Revenue beat(4)-26.1%
Max Revenue beat(4)0.07%
Revenue beat(8)3
Avg Revenue beat(8)-4.33%
Revenue beat(12)5
Avg Revenue beat(12)-2.67%
Revenue beat(16)7
Avg Revenue beat(16)-1.77%
PT rev (1m)-3.32%
PT rev (3m)-3.64%
EPS NQ rev (1m)1.69%
EPS NQ rev (3m)13.34%
EPS NY rev (1m)0.04%
EPS NY rev (3m)3.04%
Revenue NQ rev (1m)0.99%
Revenue NQ rev (3m)8.59%
Revenue NY rev (1m)-0.01%
Revenue NY rev (3m)6.53%
Valuation
Industry RankSector Rank
PE 15.85
Fwd PE 12.26
P/S 0.85
P/FCF 11.22
P/OCF 8.58
P/B N/A
P/tB N/A
EV/EBITDA N/A
EPS(TTM)9.14
EY6.31%
EPS(NY)11.82
Fwd EY8.16%
FCF(TTM)12.91
FCFY8.91%
OCF(TTM)16.88
OCFY11.65%
SpS171.33
BVpS-3.73
TBVpS-40.06
PEG (NY)0.58
PEG (5Y)9.41
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA 5.86%
ROE N/A
ROCE 22.32%
ROIC 19.24%
ROICexc 27.61%
ROICexgc 303.65%
OM 7.48%
PM (TTM) 5.23%
GM 20%
FCFM 7.53%
ROA(3y)5.25%
ROA(5y)4.89%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)17.1%
ROIC(5y)15.32%
ROICexc(3y)21.92%
ROICexc(5y)19.82%
ROICexgc(3y)303.47%
ROICexgc(5y)N/A
ROCE(3y)19.84%
ROCE(5y)17.77%
ROICexgc growth 3Y20.55%
ROICexgc growth 5Y91.77%
ROICexc growth 3Y13.41%
ROICexc growth 5Y35.71%
OM growth 3Y5.86%
OM growth 5Y9.26%
PM growth 3Y29.83%
PM growth 5Y6.87%
GM growth 3Y-3.38%
GM growth 5Y-2.96%
F-Score6
Asset Turnover1.12
Health
Industry RankSector Rank
Debt/Equity N/A
Debt/FCF 3.68
Debt/EBITDA N/A
Cap/Depr N/A
Cap/Sales 2.32%
Interest Coverage 250
Cash Conversion N/A
Profit Quality 144.07%
Current Ratio 0.91
Quick Ratio 0.75
Altman-Z 1.94
F-Score6
WACC7.74%
ROIC/WACC2.49
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)2.74%
Cap/Sales(5y)2.78%
Profit Quality(3y)119.84%
Profit Quality(5y)103.5%
High Growth Momentum
Growth
EPS 1Y (TTM)14.39%
EPS 3Y-1.89%
EPS 5Y1.68%
EPS Q2Q%0%
EPS Next Y27.11%
EPS Next 2Y21.61%
EPS Next 3Y18.82%
EPS Next 5Y17.43%
Revenue 1Y (TTM)18.8%
Revenue growth 3Y-1.89%
Revenue growth 5Y2.42%
Sales Q2Q%0%
Revenue Next Year16.19%
Revenue Next 2Y13.94%
Revenue Next 3Y11.58%
Revenue Next 5Y9.28%
EBIT growth 1Y22.59%
EBIT growth 3Y9.6%
EBIT growth 5Y15.32%
EBIT Next Year39.98%
EBIT Next 3Y19.22%
EBIT Next 5Y15.66%
FCF growth 1Y357.57%
FCF growth 3Y147.81%
FCF growth 5Y-1.72%
OCF growth 1Y147.4%
OCF growth 3Y46.39%
OCF growth 5Y-0.39%

DELL TECHNOLOGIES -C / DELL FAQ

What is the fundamental rating for DELL stock?

ChartMill assigns a fundamental rating of 5 / 10 to DELL.


What is the valuation status for DELL stock?

ChartMill assigns a valuation rating of 7 / 10 to DELL TECHNOLOGIES -C (DELL). This can be considered as Undervalued.


What is the profitability of DELL stock?

DELL TECHNOLOGIES -C (DELL) has a profitability rating of 7 / 10.


What is the valuation of DELL TECHNOLOGIES -C based on its PE and PB ratios?

The Price/Earnings (PE) ratio for DELL TECHNOLOGIES -C (DELL) is 15.85 and the Price/Book (PB) ratio is -38.86.


What is the financial health of DELL TECHNOLOGIES -C (DELL) stock?

The financial health rating of DELL TECHNOLOGIES -C (DELL) is 3 / 10.