Dell Technologies Valuation

Is DELL undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of DELL when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: DELL ($116.12) is trading below our estimate of fair value ($202.97)

Significantly Below Fair Value: DELL is trading below fair value by more than 20%.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for DELL?

Other financial metrics that can be useful for relative valuation.

DELL key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue1.2x
Enterprise Value/EBITDA12.7x
PEG Ratio1.7x

Price to Earnings Ratio vs Peers

How does DELL's PE Ratio compare to its peers?

The above table shows the PE ratio for DELL vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average23.2x
12.5x2.6%US$36.9b
HPE Hewlett Packard Enterprise
14.4x8.0%US$26.7b
NTAP NetApp
26.2x9.7%US$26.6b
SMCI Super Micro Computer
39.7x39.1%US$45.9b
DELL Dell Technologies
22.9x13.8%US$89.0b

Price-To-Earnings vs Peers: DELL is good value based on its Price-To-Earnings Ratio (22.9x) compared to the peer average (23.2x).


Price to Earnings Ratio vs Industry

How does DELL's PE Ratio compare vs other companies in the Global Tech Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a7.7%
n/an/an/a
No. of CompaniesPE048121620

Fetching data

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a7.7%
n/an/an/a
No more companies

Price-To-Earnings vs Industry: DELL is good value based on its Price-To-Earnings Ratio (22.9x) compared to the Global Tech industry average (23.3x).


Price to Earnings Ratio vs Fair Ratio

What is DELL's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

DELL PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio22.9x
Fair PE Ratio35.7x

Price-To-Earnings vs Fair Ratio: DELL is good value based on its Price-To-Earnings Ratio (22.9x) compared to the estimated Fair Price-To-Earnings Ratio (35.8x).


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst DELL forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$116.12
US$160.26
+38.0%
20.4%US$240.00US$65.00n/a22
Jul ’25US$142.82
US$157.65
+10.4%
20.9%US$240.00US$65.00n/a22
Jun ’25US$139.56
US$157.11
+12.6%
21.1%US$240.00US$65.00n/a22
May ’25US$118.78
US$125.97
+6.1%
17.5%US$152.00US$55.00n/a21
Apr ’25US$119.64
US$122.32
+2.2%
17.5%US$152.00US$55.00n/a20
Mar ’25US$124.59
US$114.85
-7.8%
21.0%US$152.00US$55.00n/a19
Feb ’25US$85.78
US$80.23
-6.5%
15.8%US$95.00US$46.00n/a18
Jan ’25US$76.50
US$76.77
+0.3%
15.9%US$95.00US$46.00n/a20
Dec ’24US$71.93
US$76.77
+6.7%
15.9%US$95.00US$46.00n/a20
Nov ’24US$68.67
US$70.75
+3.0%
15.9%US$89.00US$46.00n/a19
Oct ’24US$68.90
US$68.65
-0.4%
14.3%US$80.00US$46.00n/a19
Sep ’24US$68.19
US$63.86
-6.4%
12.9%US$75.00US$46.00n/a20
Aug ’24US$53.37
US$54.13
+1.4%
9.9%US$61.00US$45.00n/a20
Jul ’24US$54.11
US$52.03
-3.8%
9.6%US$60.00US$45.00US$142.8219
Jun ’24US$45.46
US$48.64
+7.0%
10.8%US$60.00US$40.00US$139.5618
May ’24US$43.82
US$47.71
+8.9%
8.9%US$55.00US$40.00US$118.7817
Apr ’24US$40.21
US$45.78
+13.9%
10.3%US$55.00US$37.00US$119.6418
Mar ’24US$40.44
US$48.89
+20.9%
12.0%US$60.00US$38.00US$124.5918
Feb ’24US$41.23
US$48.73
+18.2%
12.2%US$60.00US$38.00US$85.7818
Jan ’24US$40.22
US$49.45
+22.9%
15.4%US$72.00US$38.00US$76.5018
Dec ’23US$44.90
US$49.62
+10.5%
15.4%US$72.00US$38.00US$71.9318
Nov ’23US$39.15
US$52.36
+33.7%
16.8%US$72.00US$38.00US$68.6718
Oct ’23US$34.17
US$55.61
+62.8%
12.3%US$72.00US$43.00US$68.9017
Sep ’23US$37.65
US$54.77
+45.5%
13.3%US$72.00US$43.00US$68.1918
Aug ’23US$45.42
US$58.94
+29.8%
11.2%US$72.00US$50.00US$53.3717
Jul ’23US$42.74
US$59.11
+38.3%
10.9%US$72.00US$48.00US$54.1118

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.


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