DELL vs SMCI: Which Is the Better Buy?
Side-by-side comparison of Dell Technologies Inc. and Super Micro Computer, Inc. — fair value, conviction, valuation metrics, and QuantHub research signals.
Updated 2026-05-07.
Dell Technologies Inc. · Technology
$196.55
+45.0% upside to fair value
Grade B
VS
Super Micro Computer, Inc. · Technology
$34.66
+45.0% upside to fair value
Grade B
High Quality
QuantHub Verdict
SMCI trades at a lower forward P/E
(11.6x).
These are model outputs — not personalized investment advice.
See all research →
Valuation & Fundamentals
| Metric |
DELL |
SMCI |
| Current Price |
$196.55 |
$34.66 |
| Fair Value Estimate |
$285.00 |
$50.26 |
| Upside to Fair Value |
+45.0%
|
+45.0%
|
| Market Cap |
$132.7B |
$20.8B |
| Forward P/E |
21.6x
|
11.6x
|
| EV / EBITDA |
16.7x
|
17.9x
|
| Price / Sales |
1.2x
|
0.6x
|
| Price / FCF |
15.5x
|
-3.0x
|
| Revenue Growth YoY |
+23.6%
|
+122.7%
|
| Gross Margin |
20.1%
|
8.4%
|
| Operating Margin |
7.2%
|
4.5%
|
| Return on Equity |
-218.2%
|
26.0%
|
| Dividend Yield |
0% |
0% |
| FCF Yield |
6.45%
|
—
|
| Analyst Consensus |
Strong Buy
|
Hold
|
Investment Thesis
Dell Technologies Inc. is a leading global technology company specializing in computer hardware, servers, storage, and IT infrastructure solutions. Founded and led by Michael Dell, the company has a strong legacy in direct-to-consumer PC sales and has expanded into enterprise IT services through strategic acquisitions such as EMC. Dell's business quality is medium due to its competitive position …
Super Micro Computer, Inc. is a technology company specializing in server and storage systems, with a dominant 97% revenue share from this segment driven by AI and cloud infrastructure demand. The company benefits from a founder-led management team with deep engineering expertise and strong insider ownership of approximately 46-48%, aligning interests with shareholders. Despite explosive revenue …
Accumulation Zones
| Metric |
DELL |
SMCI |
| Zone Low |
$213.75 |
$37.70 |
| Zone High |
$242.25 |
$42.72 |
| In Buy Zone? |
Yes
|
Yes
|