COMPARE · Reviewed July 30, 2026
DELL vs SMCI
Verdict: Side-by-side breakdown using the Bull Rankings model. DELL scored 70.2, SMCI scored 70.5 — SMCI leads.
Compare another set
DELL
Dell Technologies Inc.
70.2
$404.81 · $261.6B
fundamentals as of
Score gap
0.3
SMCI leads
SMCI
Super Micro Computer, Inc.
70.5
$27.73 · $17.9B
fundamentals as of
The model, pillar by pillar (0–100 each)
DELL
stronger →← stronger
SMCI
62
Qualityreturns · margins · balance sheet
53
83
Growthrevenue & earnings expansion
100
67
Valuevaluation vs sector peers
65
DELL is stronger on 2 of 3 pillars.
Fundamentals, head-to-head
DELL
SMCI
$9.4bB+
FCF
-$6.8bF
+38.6%A
Rev
+56.2%A
—
D/E
1.21C
2.0xA-
P/S
0.5xA
0.61A-
PEG
0.91B+
Winner per row is the stronger grade in our model; a tie or a missing value shows no highlight.
Valuation · DCF cross-check
DELL
SMCI
75% above
Price vs fair valuelower is cheaper
—
~26%/yr
Growth the price implies10-yr FCF · lower = less priced in
—
-53%
1-yr DCF upside
—
-43%
5-yr DCF upside
—
-25%
10-yr DCF upside
—
The DCF is a cross-check on intrinsic value, separate from the quality-growth score above.
Model signals
DELL
Why this score
- Buying back stock
- Raising its dividend
- Short track record
SMCI
Why this score
- Durable high returns
The companies
DELLDell Technologies Inc.
Why now
Computer Hardware · market cap $261.6b. 14% off the 52-week high of $469.47. Revenue growing +39% — in hypergrowth territory. PEG 0.61 — paying under fair value for the growth rate. 23 sell-side analysts rate this a Buy with a mean 1-yr target of $502.78 (implying +24% upside).
Moat
FCF converts 112% of net income — earnings translate cleanly into cash, a sign that working capital and capex are well-disciplined. $261.6b market cap places it among the largest companies in the sector — distribution, R&D, and customer-acquisition costs amortize across a base peers can't replicate.
Risk
ROE -599% is below the long-run sustainable threshold of ~10% — capital efficiency would need to improve for the equity base to compound at the market rate.
SMCISuper Micro Computer, Inc.
Why now
Computer Hardware · market cap $17.9b. Down 56% from 52-week high of $62.36 — deep drawdown territory. Revenue growing +56% — in hypergrowth territory. PEG 0.91 — paying under fair value for the growth rate. 16 sell-side analysts rate this a Hold with a mean 1-yr target of $37.81 (implying +36% upside).
Moat
ROE 16% sits above Buffett's preferred 15% threshold — the equity base is compounding at a rate the market struggles to discount accurately.
Risk
Free cash flow is negative (-$6.8b) — capital raises or debt issuance likely required; dilution / leverage risk. Down 56% from the 52-week high — the market is pricing in something the screen can't see; verify the bear case before sizing up. Beta 1.94 implies above-market volatility — position-size to the drawdowns this name will produce in a market correction, not to its bull-case return.
Verdict — model-derived comparison
Generating verdict… typically 5–10 seconds
Not investment advice. The Bull Rankings publishes a quantitative ranking model and accompanying analysis for general informational purposes only. Nothing on this page is a recommendation to buy, sell, or hold any security; nothing is personalized to your circumstances, risk tolerance, or tax situation. Investing carries the risk of loss — invest at your own risk and consider consulting a licensed financial professional before acting on anything you read here. See terms and methodology for full disclosures.