DELL vs LULU: Which Is the Better Buy?
Side-by-side comparison of Dell Technologies Inc. and Lululemon Athletica Inc. — fair value, conviction, valuation metrics, and QuantHub research signals.
Updated 2026-09-21.
Dell Technologies Inc. · Technology
$569.00
-32.5% upside to fair value
Low Conviction
Grade C
VS
Lululemon Athletica Inc. · Consumer Cyclical
$98.06
+1.5% upside to fair value
Low Conviction
Grade C
QuantHub Verdict
LULU has more upside to fair value
(+1.5%).
These are model outputs — not personalized investment advice.
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Valuation & Fundamentals
| Metric |
DELL |
LULU |
| Current Price |
$569.00 |
$98.06 |
| Fair Value Estimate |
$383.93 |
$99.50 |
| Upside to Fair Value |
-32.5%
|
+1.5%
|
| Market Cap |
$378.0B |
$11.1B |
| Forward P/E |
—
|
—
|
| EV / EBITDA |
21.8x
|
4.6x
|
| Price / Sales |
2.5x
|
1.0x
|
| Price / FCF |
42.9x
|
8.2x
|
| Revenue Growth YoY |
+57.7%
|
-4.3%
|
| Gross Margin |
19.8%
|
56.1%
|
| Operating Margin |
9.6%
|
17.8%
|
| Return on Equity |
-574.6%
|
29.7%
|
| Dividend Yield |
0.41% |
0% |
| FCF Yield |
2.33%
|
12.24%
|
| Analyst Consensus |
Buy
|
Sell
|
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%,…
Lululemon Athletica designs and retails premium athletic apparel and accessories through company-owned stores and direct-to-consumer channels, with roughly 39,000 employees and a brand built on technical fabrics and community-led fitness positioning. The business still earns high returns on equity of 29.7% and generates $12.00 of free cash flow per share on $97.70 of revenue per share, with TTM g…
Accumulation Zones
| Metric |
DELL |
LULU |
| Zone Low |
$287.95 |
$74.62 |
| Zone High |
$326.34 |
$84.58 |
| In Buy Zone? |
No
|
No
|