DELL vs VST: Which Is the Better Buy?
Side-by-side comparison of Dell Technologies Inc. and Vistra Corp. — 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
Vistra Corp. · Utilities
$140.67
-23.0% upside to fair value
Med Conviction
Grade C
QuantHub Verdict
VST has more upside to fair value
(-23.0%).
These are model outputs — not personalized investment advice.
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Valuation & Fundamentals
| Metric |
DELL |
VST |
| Current Price |
$569.00 |
$140.67 |
| Fair Value Estimate |
$383.93 |
$108.27 |
| Upside to Fair Value |
-32.5%
|
-23.0%
|
| Market Cap |
$378.0B |
$47.4B |
| Forward P/E |
—
|
—
|
| EV / EBITDA |
21.8x
|
10.3x
|
| Price / Sales |
2.5x
|
3.0x
|
| Price / FCF |
42.9x
|
34.7x
|
| Revenue Growth YoY |
+57.7%
|
-5.5%
|
| Gross Margin |
19.8%
|
13.0%
|
| Operating Margin |
9.6%
|
2.3%
|
| Return on Equity |
-574.6%
|
41.5%
|
| Dividend Yield |
0.41% |
0.65% |
| FCF Yield |
2.33%
|
2.88%
|
| 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%,…
Vistra Corp. is a vertically integrated independent power producer and retail electricity supplier operating roughly 38,700 megawatts of generation across natural gas, nuclear, coal, solar, and battery storage, serving about 4.3 million retail customers in 20 states and the District of Columbia. The business quality is mixed: the diversified PJM and ERCOT fleet plus retail load is a genuine struc…
Accumulation Zones
| Metric |
DELL |
VST |
| Zone Low |
$287.95 |
$81.20 |
| Zone High |
$326.34 |
$92.03 |
| In Buy Zone? |
No
|
No
|