DELL vs HD: Which Is the Better Buy?
Side-by-side comparison of Dell Technologies Inc. and The Home Depot, Inc. — fair value, conviction, valuation metrics, and QuantHub research signals.
Updated 2026-09-25.
Dell Technologies Inc. · Technology
$569.00
-32.5% upside to fair value
Low Conviction
Grade C
VS
The Home Depot, Inc. · Consumer Cyclical
$292.18
+44.2% upside to fair value
Med Conviction
Grade B
High Quality
QuantHub Verdict
HD has more upside to fair value
(+44.2%).
These are model outputs — not personalized investment advice.
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Valuation & Fundamentals
| Metric |
DELL |
HD |
| Current Price |
$569.00 |
$292.18 |
| Fair Value Estimate |
$383.93 |
$421.26 |
| Upside to Fair Value |
-32.5%
|
+44.2%
|
| Market Cap |
$378.0B |
$291.3B |
| Forward P/E |
—
|
—
|
| EV / EBITDA |
21.8x
|
14.7x
|
| Price / Sales |
2.5x
|
1.7x
|
| Price / FCF |
42.9x
|
19.2x
|
| Revenue Growth YoY |
+57.7%
|
+5.7%
|
| Gross Margin |
19.8%
|
33.2%
|
| Operating Margin |
9.6%
|
12.4%
|
| Return on Equity |
-574.6%
|
102.7%
|
| Dividend Yield |
0.41% |
3.18% |
| FCF Yield |
2.33%
|
5.2%
|
| Analyst Consensus |
Buy
|
Strong Buy
|
Investment Thesis
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%,…
The Home Depot is the largest home-improvement retailer in the United States, operating a network of roughly 2,300 stores supported by about 472,400 full-time employees, and serving both do-it-yourself homeowners and professional contractors through stores, homedepot.com, and specialty sites such as blinds.com. The business quality is high: it generates a 102.7% return on equity, a 33.2% trailing…
Accumulation Zones
| Metric |
DELL |
HD |
| Zone Low |
$287.95 |
$315.94 |
| Zone High |
$326.34 |
$358.07 |
| In Buy Zone? |
No
|
Yes
|