DELL vs RTX: Which Is the Better Buy?
Side-by-side comparison of Dell Technologies Inc. and RTX Corporation — 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
RTX Corporation · Industrials
$193.54
+33.0% upside to fair value
Med Conviction
Grade B
High Quality
QuantHub Verdict
RTX has more upside to fair value
(+33.0%).
These are model outputs — not personalized investment advice.
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Valuation & Fundamentals
| Metric |
DELL |
RTX |
| Current Price |
$569.00 |
$193.54 |
| Fair Value Estimate |
$383.93 |
$257.36 |
| Upside to Fair Value |
-32.5%
|
+33.0%
|
| Market Cap |
$378.0B |
$260.9B |
| Forward P/E |
—
|
—
|
| EV / EBITDA |
21.8x
|
18.1x
|
| Price / Sales |
2.5x
|
2.8x
|
| Price / FCF |
42.9x
|
21.7x
|
| Revenue Growth YoY |
+57.7%
|
+14.5%
|
| Gross Margin |
19.8%
|
20.3%
|
| Operating Margin |
9.6%
|
11.2%
|
| Return on Equity |
-574.6%
|
11.8%
|
| Dividend Yield |
0.41% |
1.46% |
| FCF Yield |
2.33%
|
4.6%
|
| 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%,…
RTX Corporation is a $260.85 billion aerospace and defense conglomerate operating three segments — Collins Aerospace, Pratt & Whitney, and Raytheon — serving commercial aviation, military, and government customers worldwide with 180,000 employees. The business quality is high: it holds intangible-asset and switching-cost advantages rooted in long-cycle engine programs, proprietary defense electro…
Accumulation Zones
| Metric |
DELL |
RTX |
| Zone Low |
$287.95 |
$193.02 |
| Zone High |
$326.34 |
$218.76 |
| In Buy Zone? |
No
|
Yes
|