DELL vs TMO: Which Is the Better Buy?
Side-by-side comparison of Dell Technologies Inc. and Thermo Fisher Scientific 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
Thermo Fisher Scientific Inc. · Healthcare
$658.32
+31.1% upside to fair value
Med Conviction
Grade B
High Quality
QuantHub Verdict
TMO has more upside to fair value
(+31.1%).
These are model outputs — not personalized investment advice.
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Valuation & Fundamentals
| Metric |
DELL |
TMO |
| Current Price |
$569.00 |
$658.32 |
| Fair Value Estimate |
$383.93 |
$863.34 |
| Upside to Fair Value |
-32.5%
|
+31.1%
|
| Market Cap |
$378.0B |
$244.7B |
| Forward P/E |
—
|
—
|
| EV / EBITDA |
21.8x
|
25.9x
|
| Price / Sales |
2.5x
|
5.3x
|
| Price / FCF |
42.9x
|
33.4x
|
| Revenue Growth YoY |
+57.7%
|
+10.5%
|
| Gross Margin |
19.8%
|
40.4%
|
| Operating Margin |
9.6%
|
17.7%
|
| Return on Equity |
-574.6%
|
13.4%
|
| Dividend Yield |
0.41% |
0.28% |
| FCF Yield |
2.33%
|
3.0%
|
| 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%,…
Thermo Fisher Scientific is a global life-sciences and laboratory-services platform spanning Life Sciences Solutions, Analytical Instruments, Specialty Diagnostics, and Laboratory Products and Biopharma Services, with recognized brands including Thermo Scientific, Applied Biosystems, Invitrogen, Fisher Scientific, Patheon, and PPD, serving pharmaceutical, biotech, clinical, academic, and governme…
Accumulation Zones
| Metric |
DELL |
TMO |
| Zone Low |
$287.95 |
$647.50 |
| Zone High |
$326.34 |
$733.84 |
| In Buy Zone? |
No
|
Yes
|