DELL TECHNOLOGIES -C (DELL) Fundamental Analysis & Valuation
NYSE:DELL • US24703L2025
149.91 USD
+2.54 (+1.72%)
At close: Mar 12, 2026
149.91 USD
0 (0%)
After Hours: 3/12/2026, 5:13:17 PM
This DELL fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
Taking everything into account, DELL scores 5 out of 10 in our fundamental rating. DELL was compared to 37 industry peers in the Technology Hardware, Storage & Peripherals industry. While DELL belongs to the best of the industry regarding profitability, there are concerns on its financial health. DELL scores decently on growth, while it is valued quite cheap. This could make an interesting combination.
1. DELL Profitability Analysis
1.1 Basic Checks
- DELL had positive earnings in the past year.
- In the past year DELL had a positive cash flow from operations.
- 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.
1.2 Ratios
- DELL has a better Return On Assets (5.86%) than 81.08% of its industry peers.
- DELL has a better Return On Invested Capital (19.24%) than 83.78% of its industry peers.
- DELL had an Average Return On Invested Capital over the past 3 years of 17.10%. This is in line with the industry average of 15.92%.
- The 3 year average ROIC (17.10%) for DELL is below the current ROIC(19.24%), indicating increased profibility in the last year.
| Industry Rank | Sector 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%
1.3 Margins
- DELL has a Profit Margin of 5.23%. This is amongst the best in the industry. DELL outperforms 83.78% of its industry peers.
- DELL's Profit Margin has improved in the last couple of years.
- DELL has a better Operating Margin (7.48%) than 75.68% of its industry peers.
- DELL's Operating Margin has improved in the last couple of years.
- DELL has a Gross Margin of 20.00%. This is in the lower half of the industry: DELL underperforms 62.16% of its industry peers.
- In the last couple of years the Gross Margin of DELL has declined.
| Industry Rank | Sector 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%
2. DELL Health Analysis
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so DELL is creating value.
- Compared to 1 year ago, DELL has less shares outstanding
- Compared to 5 years ago, DELL has less shares outstanding
- Compared to 1 year ago, DELL has a worse debt to assets ratio.
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.
- DELL has a Altman-Z score of 1.94. This is comparable to the rest of the industry: DELL outperforms 56.76% of its industry peers.
- 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.
- Looking at the Debt to FCF ratio, with a value of 3.68, DELL is in the better half of the industry, outperforming 67.57% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 3.68 | ||
| Altman-Z | 1.94 |
ROIC/WACC2.47
WACC7.79%
2.3 Liquidity
- A Current Ratio of 0.91 indicates that DELL may have some problems paying its short term obligations.
- With a Current ratio value of 0.91, DELL is not doing good in the industry: 72.97% of the companies in the same industry are doing better.
- DELL has a Quick Ratio of 0.91. This is a bad value and indicates that DELL is not financially healthy enough and could expect problems in meeting its short term obligations.
- DELL has a worse Quick ratio (0.75) than 62.16% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.91 | ||
| Quick Ratio | 0.75 |
3. DELL Growth Analysis
3.1 Past
- The Earnings Per Share has grown by an impressive 29.54% over the past year.
- The Earnings Per Share has been growing slightly by 5.31% on average over the past years.
- DELL shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 18.80%.
- The Revenue has been growing slightly by 5.55% on average over the past years.
EPS 1Y (TTM)29.54%
EPS 3Y10.75%
EPS 5Y5.31%
EPS Q2Q%45.15%
Revenue 1Y (TTM)18.8%
Revenue growth 3Y3.53%
Revenue growth 5Y5.55%
Sales Q2Q%39.48%
3.2 Future
- Based on estimates for the next years, DELL will show a quite strong growth in Earnings Per Share. The EPS will grow by 16.98% on average per year.
- Based on estimates for the next years, DELL will show a small growth in Revenue. The Revenue will grow by 6.52% on average per year.
EPS Next Y22.71%
EPS Next 2Y18.42%
EPS Next 3Y17.05%
EPS Next 5Y16.98%
Revenue Next Year20.94%
Revenue Next 2Y15.82%
Revenue Next 3Y11.26%
Revenue Next 5Y6.52%
3.3 Evolution
- The EPS growth rate is accelerating: in the next years the growth will be better 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.
4. DELL Valuation Analysis
4.1 Price/Earnings Ratio
- A Price/Earnings ratio of 14.48 indicates a correct valuation of DELL.
- DELL's Price/Earnings ratio is rather cheap when compared to the industry. DELL is cheaper than 83.78% of the companies in the same industry.
- DELL's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 26.15.
- With a Price/Forward Earnings ratio of 11.80, the valuation of DELL can be described as very reasonable.
- Based on the Price/Forward Earnings ratio, DELL is valued a bit cheaper than the industry average as 72.97% of the companies are valued more expensively.
- Compared to an average S&P500 Price/Forward Earnings ratio of 24.27, DELL is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.48 | ||
| Fwd PE | 11.8 |
4.2 Price Multiples
- Based on the Price/Free Cash Flow ratio, DELL is valued cheaply inside the industry as 81.08% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.62 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
- The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
- The decent profitability rating of DELL may justify a higher PE ratio.
- DELL's earnings are expected to grow with 17.05% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.64
PEG (5Y)2.73
EPS Next 2Y18.42%
EPS Next 3Y17.05%
5. DELL Dividend Analysis
5.1 Amount
- DELL has a Yearly Dividend Yield of 1.72%.
- DELL's Dividend Yield is rather good when compared to the industry average which is at 0.63. DELL pays more dividend than 83.78% of the companies in the same industry.
- DELL's Dividend Yield is comparable with the S&P500 average which is at 1.82.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.72% |
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
5.3 Sustainability
- DELL pays out 24.58% of its income as dividend. This is a sustainable payout ratio.
DP24.58%
EPS Next 2Y18.42%
EPS Next 3Y17.05%
DELL Fundamentals: All Metrics, Ratios and Statistics
149.91
+2.54 (+1.72%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryTechnology Hardware, Storage & Peripherals
Earnings (Last)02-26 2026-02-26/amc
Earnings (Next)05-28 2026-05-28
Inst Owners80.41%
Inst Owner Change6.83%
Ins Owners6.31%
Ins Owner Change-37.58%
Market Cap99.34B
Revenue(TTM)113.54B
Net Income(TTM)5.94B
Analysts80
Price Target158.23 (5.55%)
Short Float %8.81%
Short Ratio3.55
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.72% |
Yearly Dividend2.15
Dividend Growth(5Y)N/A
DP24.58%
Div Incr Years2
Div Non Decr Years2
Ex-Date01-20 2026-01-20 (0.525)
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)5.41%
Min EPS beat(2)2.72%
Max EPS beat(2)8.11%
EPS beat(4)2
Avg EPS beat(4)-0.08%
Min EPS beat(4)-9.96%
Max EPS beat(4)8.11%
EPS beat(8)5
Avg EPS beat(8)1.69%
EPS beat(12)9
Avg EPS beat(12)13.69%
EPS beat(16)13
Avg EPS beat(16)15.23%
Revenue beat(2)1
Avg Revenue beat(2)0.37%
Min Revenue beat(2)-2.4%
Max Revenue beat(2)3.14%
Revenue beat(4)2
Avg Revenue beat(4)-0.04%
Min Revenue beat(4)-2.4%
Max Revenue beat(4)3.14%
Revenue beat(8)4
Avg Revenue beat(8)-0.67%
Revenue beat(12)6
Avg Revenue beat(12)-0.23%
Revenue beat(16)8
Avg Revenue beat(16)0.05%
PT rev (1m)-1.89%
PT rev (3m)-2.92%
EPS NQ rev (1m)22.1%
EPS NQ rev (3m)22.3%
EPS NY rev (1m)7.48%
EPS NY rev (3m)8.88%
Revenue NQ rev (1m)16.73%
Revenue NQ rev (3m)17.24%
Revenue NY rev (1m)8.28%
Revenue NY rev (3m)10.13%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.48 | ||
| Fwd PE | 11.8 | ||
| P/S | 0.87 | ||
| P/FCF | 11.62 | ||
| P/OCF | 8.88 | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | N/A |
EPS(TTM)10.35
EY6.9%
EPS(NY)12.7
Fwd EY8.47%
FCF(TTM)12.91
FCFY8.61%
OCF(TTM)16.88
OCFY11.26%
SpS171.33
BVpS-3.73
TBVpS-40.06
PEG (NY)0.64
PEG (5Y)2.73
Graham NumberN/A
Profitability
| Industry Rank | Sector 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 Rank | Sector 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
WACC7.79%
ROIC/WACC2.47
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)29.54%
EPS 3Y10.75%
EPS 5Y5.31%
EPS Q2Q%45.15%
EPS Next Y22.71%
EPS Next 2Y18.42%
EPS Next 3Y17.05%
EPS Next 5Y16.98%
Revenue 1Y (TTM)18.8%
Revenue growth 3Y3.53%
Revenue growth 5Y5.55%
Sales Q2Q%39.48%
Revenue Next Year20.94%
Revenue Next 2Y15.82%
Revenue Next 3Y11.26%
Revenue Next 5Y6.52%
EBIT growth 1Y22.59%
EBIT growth 3Y9.6%
EBIT growth 5Y15.32%
EBIT Next Year50.52%
EBIT Next 3Y20.82%
EBIT Next 5Y13.57%
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 14.48 and the Price/Book (PB) ratio is -40.22.
What is the financial health of DELL TECHNOLOGIES -C (DELL) stock?
The financial health rating of DELL TECHNOLOGIES -C (DELL) is 3 / 10.