COST vs DELL: Which Is the Better Buy?
Side-by-side comparison of Costco Wholesale Corporation and Dell Technologies Inc. — fair value, conviction, valuation metrics, and QuantHub research signals.
Updated 2026-09-25.
Costco Wholesale Corporation · Consumer Defensive
$896.48
+24.7% upside to fair value
Med Conviction
Grade B
High Quality
VS
Dell Technologies Inc. · Technology
$569.00
-32.5% upside to fair value
Low Conviction
Grade C
QuantHub Verdict
COST has more upside to fair value
(+24.7%).
These are model outputs — not personalized investment advice.
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Valuation & Fundamentals
| Metric |
COST |
DELL |
| Current Price |
$896.48 |
$569.00 |
| Fair Value Estimate |
$1,117.50 |
$383.93 |
| Upside to Fair Value |
+24.7%
|
-32.5%
|
| Market Cap |
$397.6B |
$378.0B |
| Forward P/E |
—
|
—
|
| EV / EBITDA |
32.7x
|
21.8x
|
| Price / Sales |
1.3x
|
2.5x
|
| Price / FCF |
42.4x
|
42.9x
|
| Revenue Growth YoY |
+11.1%
|
+57.7%
|
| Gross Margin |
17.5%
|
19.8%
|
| Operating Margin |
3.9%
|
9.6%
|
| Return on Equity |
28.0%
|
-574.6%
|
| Dividend Yield |
0.62% |
0.41% |
| FCF Yield |
2.36%
|
2.33%
|
| Analyst Consensus |
Strong Buy
|
Buy
|
Investment Thesis
Costco Wholesale Corporation operates a global network of membership-based warehouse clubs, selling branded and private-label merchandise across the United States, Canada, Mexico, Japan, the United Kingdom, South Korea, Taiwan, Australia, Spain, France, Iceland, and China, supplemented by pharmacies, optical centers, food courts, hearing aid centers, tire installation, 636 gas stations, and e-com…
Dell Technologies is a $378 billion market-cap computer hardware vendor spanning Infrastructure Solutions Group (servers, storage, networking), Client Solutions Group (PCs, displays, peripherals), and a VMware-related software franchise, led by founder-CEO Michael Dell. The business is fundamentally low-quality on the numbers: TTM gross margin is 19.8%, operating margin 9.6%, and net margin 7.5%,…
Accumulation Zones
| Metric |
COST |
DELL |
| Zone Low |
$838.12 |
$287.95 |
| Zone High |
$949.88 |
$326.34 |
| In Buy Zone? |
Yes
|
No
|