DELL vs MRK: Which Is the Better Buy?
Side-by-side comparison of Dell Technologies Inc. and Merck & Co., 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
Merck & Co., Inc. · Healthcare
$147.17
-4.1% upside to fair value
Med Conviction
Grade C
QuantHub Verdict
MRK has more upside to fair value
(-4.1%).
These are model outputs — not personalized investment advice.
See all research →
Valuation & Fundamentals
| Metric |
DELL |
MRK |
| Current Price |
$569.00 |
$147.17 |
| Fair Value Estimate |
$383.93 |
$141.07 |
| Upside to Fair Value |
-32.5%
|
-4.1%
|
| Market Cap |
$378.0B |
$363.5B |
| Forward P/E |
—
|
—
|
| EV / EBITDA |
21.8x
|
29.6x
|
| Price / Sales |
2.5x
|
5.5x
|
| Price / FCF |
42.9x
|
22.6x
|
| Revenue Growth YoY |
+57.7%
|
+5.1%
|
| Gross Margin |
19.8%
|
75.4%
|
| Operating Margin |
9.6%
|
16.7%
|
| Return on Equity |
-574.6%
|
6.6%
|
| Dividend Yield |
0.41% |
2.31% |
| FCF Yield |
2.33%
|
4.42%
|
| Analyst Consensus |
Buy
|
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%,…
Merck & Co., Inc. is a global healthcare leader with two core divisions, Pharmaceuticals and Animal Health, spanning oncology, vaccines, acute hospital care, immunology, neuroscience, virology, cardiovascular and diabetes, and it employs roughly 74,000 people under CEO Robert Davis. The business quality is medium: TTM gross margin of 75.4% and TTM operating margin of 16.7% reflect a genuinely hig…
Accumulation Zones
| Metric |
DELL |
MRK |
| Zone Low |
$287.95 |
$105.80 |
| Zone High |
$326.34 |
$119.91 |
| In Buy Zone? |
No
|
No
|