ASML vs DELL: Which Is the Better Buy?
Side-by-side comparison of ASML Holding N.V. and Dell Technologies Inc. — fair value, conviction, valuation metrics, and QuantHub research signals.
Updated 2026-04-22.
ASML Holding N.V. · Technology
$1,458.97
+65.1% upside to fair value
Grade B
High Quality
VS
Dell Technologies Inc. · Technology
$196.55
+154.3% upside to fair value
Grade B
QuantHub Verdict
DELL has more upside to fair value
(+154.3%).
DELL trades at a lower forward P/E
(21.6x).
These are model outputs — not personalized investment advice.
See all research →
Valuation & Fundamentals
| Metric |
ASML |
DELL |
| Current Price |
$1,458.97 |
$196.55 |
| Fair Value Estimate |
$2,408.73 |
$499.84 |
| Upside to Fair Value |
+65.1%
|
+154.3%
|
| Market Cap |
$562.3B |
$132.7B |
| Forward P/E |
48.3x
|
21.6x
|
| EV / EBITDA |
37.6x
|
16.7x
|
| Price / Sales |
14.4x
|
1.2x
|
| Price / FCF |
54.4x
|
15.5x
|
| Revenue Growth YoY |
+13.2%
|
+23.6%
|
| Gross Margin |
52.6%
|
20.1%
|
| Operating Margin |
34.8%
|
7.2%
|
| Return on Equity |
52.0%
|
-218.2%
|
| Dividend Yield |
0% |
0% |
| FCF Yield |
1.84%
|
6.45%
|
| Analyst Consensus |
Strong Buy
|
Strong Buy
|
Investment Thesis
ASML Holding N.V. is a leading technology company specializing in semiconductor manufacturing equipment, particularly extreme ultraviolet lithography machines which hold a near-monopoly position. The company benefits from a durable competitive moat driven by its technological leadership, high barriers to entry, and strong demand from semiconductor manufacturers globally, especially in China. Desp…
Dell Technologies Inc. is a leading global technology company specializing in computer hardware, servers, storage, and IT infrastructure solutions. Founded and led by Michael Dell, the company has a strong legacy in direct-to-consumer PC sales and has expanded into enterprise IT services through strategic acquisitions such as EMC. Dell's business quality is medium due to its competitive position …
Accumulation Zones
| Metric |
ASML |
DELL |
| Zone Low |
$1,806.55 |
$374.88 |
| Zone High |
$2,047.42 |
$424.86 |
| In Buy Zone? |
Yes
|
Yes
|