COMPARE · Data as of August 21, 2026

DELL vs SMCI

Verdict: Side-by-side breakdown using the Bull Rankings model. DELL scored 63.5, SMCI scored 70.9 — SMCI leads.
Compare another set
DELL
Dell Technologies Inc.
Computer Hardware · Quality-Growth
63.5
$432.06 · $279.2B
fundamentals as of
Score gap
7.4
SMCI leads
SMCI
Super Micro Computer, Inc.
Computer Hardware · Quality-Growth
70.9
$37.24 · $24.1B
fundamentals as of
  • CheapestSMCI0.7x
  • Fastest growthSMCI+56.2%
  • Highest qualityDELL62 / 100
THE BULL RANKINGS SCORECARD63.5/ 100 · BULL SCOREPEER MEDIANQUALITY61.8GROWTH86.6VALUE47.8
THE BULL RANKINGS SCORECARD70.9/ 100 · BULL SCOREPEER MEDIANQUALITY55.4GROWTH98.7VALUE65.3
DELLSMCIQuality61.855.4Growth86.698.7Value47.865.3
cheap & fastrevenue growth →← cheaper (lower multiple)29%66%0.0x7.1xDELLSMCI

Growth against the P/S multiple. Up and to the right is cheaper and faster — the quality-growth idea in one picture. Points beyond the axis are pinned to the edge and marked off-scale rather than allowed to compress everything else.

FCFDELL$9.4bSMCI-$6.8b
RevDELL+38.6%SMCI+56.2%
P/SDELL2.1xSMCI0.7x
PEGDELL0.72SMCI0.91
DELL
stronger →← stronger
SMCI
62
Qualityreturns · margins · balance sheet
55
87
Growthrevenue & earnings expansion
99
48
Valuevaluation vs sector peers
65
SMCI is stronger on 2 of 3 pillars.
DELL
SMCI
$9.4bB+
FCF
-$6.8bF
+38.6%A
Rev
+56.2%A
D/E
0.64C+
2.1xA-
P/S
0.7xA
0.72A-
PEG
0.91B+
Winner per row is the stronger grade; where grades tie, the better figure breaks it. A true tie or a missing value shows no highlight.
DELL
SMCI
85% above
Price vs fair valuelower is cheaper
~29%/yr
Growth the price implies10-yr FCF · lower = less priced in
-56%
1-yr DCF upside
-46%
5-yr DCF upside
-28%
10-yr DCF upside
The DCF is a cross-check on intrinsic value, separate from the quality-growth score above.
DELL
Why this score
  • Buying back stock
  • Raising its dividend
SMCI
Why this score
  • Durable high returns
DELLDell Technologies Inc.
Computer Hardware · $432.06 · beta 1.40
Why now
Computer Hardware · market cap $279.2b. 16% off the 52-week high of $514.00. Revenue growing +39% — in hypergrowth territory. PEG 0.72 — paying under fair value for the growth rate. 23 sell-side analysts rate this a Buy with a mean 1-yr target of $508.78 (implying +18% upside).
Moat
FCF converts 112% of net income — earnings translate cleanly into cash, a sign that working capital and capex are well-disciplined. $279.2b 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
Beta 1.40 implies above-market volatility — position-size to the drawdowns this name will produce in a market correction, not to its bull-case return. 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.
Computer Hardware · $37.24 · beta 1.97
Why now
Computer Hardware · market cap $24.1b. Down 37% from 52-week high of $58.78 — 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 $42.38 (implying +14% 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 37% from the 52-week high — the market is pricing in something the screen can't see; verify the bear case before sizing up. Beta 1.97 implies above-market volatility — position-size to the drawdowns this name will produce in a market correction, not to its bull-case return.
SMCI leads DELL by 7.8 points (70.7 to 62.9). A contrarian could still prefer DELL for its stronger FCF (grade B+). Note they play different roles — DELL screens as growth, SMCI screens as spec — so the model rewards different traits for each.
Our AI analyst is busy right now, so this verdict is drawn directly from the pillars, grades and DCF above.
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.

Where DELL and SMCI diverge

On the headline score the gap is 7.4 points in favor of SMCI. They get there differently, though — each leads on a different pillar, so the better pick depends on which you weight.

Pillars run 0–100 against sector peers, so a score is a statement about a company relative to its own industry rather than to the other name here. A wide Value gap usually means the market already prices the difference in quality or growth — which is the trade-off this comparison comes down to.