DELL TECHNOLOGIES -C (DELL) Fundamental Analysis & Valuation
NYSE:DELL • US24703L2025
143.8 USD
-2.71 (-1.85%)
At close: Mar 10, 2026
143.246 USD
-0.55 (-0.39%)
After Hours: 3/10/2026, 8:18:19 PM
This DELL fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
DELL gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 37 industry peers in the Technology Hardware, Storage & Peripherals industry. While DELL has a great profitability rating, there are quite some 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.
- In the past 5 years DELL has always been profitable.
- DELL had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- Looking at the Return On Assets, with a value of 5.86%, DELL belongs to the top of the industry, outperforming 81.08% of the companies in the same industry.
- DELL has a Return On Invested Capital of 19.24%. This is amongst the best in the industry. DELL outperforms 83.78% of its industry peers.
- Measured over the past 3 years, the Average Return On Invested Capital for DELL is in line with the industry average of 15.91%.
- 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 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 better Profit Margin (5.23%) than 83.78% of its industry peers.
- In the last couple of years the Profit Margin of DELL has grown nicely.
- DELL has a better Operating Margin (7.48%) than 75.68% of its industry peers.
- In the last couple of years the Operating Margin of DELL has grown nicely.
- DELL's Gross Margin of 20.00% is on the low side compared to the rest of the industry. DELL is outperformed by 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
- 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
- Compared to 5 years ago, DELL has less shares outstanding
- The debt/assets ratio for DELL is higher compared to a year ago.
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 56.76% 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.
- DELL has a better Debt to FCF ratio (3.68) than 67.57% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 3.68 | ||
| Altman-Z | 1.94 |
ROIC/WACC2.48
WACC7.75%
2.3 Liquidity
- A Current Ratio of 0.91 indicates that DELL may have some problems paying its short term obligations.
- The Current ratio of DELL (0.91) is worse than 72.97% of its industry peers.
- 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.
- The Quick ratio of DELL (0.75) is worse 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.
- Looking at the last year, DELL shows a quite strong growth in Revenue. The Revenue has grown by 18.80% in the last year.
- 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
- The Earnings Per Share is expected to grow by 16.98% on average over the next years. This is quite good.
- The Revenue is expected to grow by 6.52% on average over the next years.
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 13.89 indicates a correct valuation of DELL.
- Based on the Price/Earnings ratio, DELL is valued 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 26.25.
- With a Price/Forward Earnings ratio of 11.32, the valuation of DELL can be described as very reasonable.
- DELL's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. DELL is cheaper than 72.97% of the companies in the same industry.
- DELL is valuated cheaply when we compare the Price/Forward Earnings ratio to 24.39, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.89 | ||
| Fwd PE | 11.32 |
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 | 11.14 | ||
| EV/EBITDA | N/A |
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.
- A more expensive valuation may be justified as DELL's earnings are expected to grow with 17.05% in the coming years.
PEG (NY)0.61
PEG (5Y)2.62
EPS Next 2Y18.42%
EPS Next 3Y17.05%
5. DELL Dividend Analysis
5.1 Amount
- DELL has a Yearly Dividend Yield of 1.72%. Purely for dividend investing, there may be better candidates out there.
- Compared to an average industry Dividend Yield of 0.63, DELL pays a better dividend. On top of this DELL pays more dividend than 83.78% 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 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.
- DELL has decreased its dividend in the last 3 years.
Dividend Growth(5Y)N/A
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
- 24.58% of the earnings are spent on dividend by DELL. This is a low number and sustainable payout ratio.
DP24.58%
EPS Next 2Y18.42%
EPS Next 3Y17.05%
DELL Fundamentals: All Metrics, Ratios and Statistics
143.8
-2.71 (-1.85%)
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 Cap95.29B
Revenue(TTM)113.54B
Net Income(TTM)5.94B
Analysts80
Price Target158.23 (10.03%)
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 | 13.89 | ||
| Fwd PE | 11.32 | ||
| P/S | 0.84 | ||
| P/FCF | 11.14 | ||
| P/OCF | 8.52 | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | N/A |
EPS(TTM)10.35
EY7.2%
EPS(NY)12.7
Fwd EY8.83%
FCF(TTM)12.91
FCFY8.97%
OCF(TTM)16.88
OCFY11.74%
SpS171.33
BVpS-3.73
TBVpS-40.06
PEG (NY)0.61
PEG (5Y)2.62
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
WACC7.75%
ROIC/WACC2.48
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 13.89 and the Price/Book (PB) ratio is -38.58.
What is the financial health of DELL TECHNOLOGIES -C (DELL) stock?
The financial health rating of DELL TECHNOLOGIES -C (DELL) is 3 / 10.