DELL TECHNOLOGIES -C (12DA.DE) Stock Fundamental Analysis
FRA:12DA - Deutsche Boerse Ag - US24703L2025 - Common Stock - Currency: EUR
We assign a fundamental rating of 5 out of 10 to 12DA. 12DA was compared to 28 industry peers in the Technology Hardware, Storage & Peripherals industry. While 12DA is still in line with the averages on profitability rating, there are concerns on its financial health. 12DA has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
12DA had positive earnings in the past year.
12DA had a positive operating cash flow in the past year.
12DA had positive earnings in each of the past 5 years.
Each year in the past 5 years 12DA had a positive operating cash flow.
1.2 Ratios
12DA's Return On Assets of 5.76% is fine compared to the rest of the industry. 12DA outperforms 67.86% of its industry peers.
12DA has a Return On Invested Capital of 17.66%. This is amongst the best in the industry. 12DA outperforms 85.71% of its industry peers.
12DA had an Average Return On Invested Capital over the past 3 years of 15.70%. This is in line with the industry average of 16.59%.
The 3 year average ROIC (15.70%) for 12DA is below the current ROIC(17.66%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.76% | ||
| ROE | N/A | ||
| ROIC | 17.66% |
ROA(3y)4.2%
ROA(5y)4.25%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)15.7%
ROIC(5y)12.68%
1.3 Margins
Looking at the Profit Margin, with a value of 4.81%, 12DA is in the better half of the industry, outperforming 60.71% of the companies in the same industry.
In the last couple of years the Profit Margin of 12DA has declined.
12DA has a better Operating Margin (7.09%) than 67.86% of its industry peers.
12DA's Operating Margin has improved in the last couple of years.
The Gross Margin of 12DA (22.24%) is worse than 67.86% of its industry peers.
12DA's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.09% | ||
| PM (TTM) | 4.81% | ||
| GM | 22.24% |
OM growth 3Y14.62%
OM growth 5Y19.03%
PM growth 3Y-4.39%
PM growth 5Y-2.46%
GM growth 3Y0.92%
GM growth 5Y-1.79%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so 12DA is creating value.
12DA has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, 12DA has less shares outstanding
Compared to 1 year ago, 12DA has an improved debt to assets ratio.
2.2 Solvency
12DA has an Altman-Z score of 1.88. This is not the best score and indicates that 12DA is in the grey zone with still only limited risk for bankruptcy at the moment.
12DA has a Altman-Z score (1.88) which is comparable to the rest of the industry.
12DA has a debt to FCF ratio of 13.14. This is a negative value and a sign of low solvency as 12DA would need 13.14 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 13.14, 12DA is in line with its industry, outperforming 57.14% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 13.14 | ||
| Altman-Z | 1.88 |
ROIC/WACC2.21
WACC8%
2.3 Liquidity
A Current Ratio of 0.78 indicates that 12DA may have some problems paying its short term obligations.
The Current ratio of 12DA (0.78) is worse than 85.71% of its industry peers.
12DA has a Quick Ratio of 0.78. This is a bad value and indicates that 12DA is not financially healthy enough and could expect problems in meeting its short term obligations.
The Quick ratio of 12DA (0.63) is worse than 85.71% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.78 | ||
| Quick Ratio | 0.63 |
3. Growth
3.1 Past
12DA shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 12.06%, which is quite good.
Measured over the past 5 years, 12DA shows a small growth in Earnings Per Share. The EPS has been growing by 1.68% on average per year.
Looking at the last year, 12DA shows a quite strong growth in Revenue. The Revenue has grown by 8.08% in the last year.
12DA shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 2.42% yearly.
EPS 1Y (TTM)12.06%
EPS 3Y-1.89%
EPS 5Y1.68%
EPS Q2Q%0%
Revenue 1Y (TTM)8.08%
Revenue growth 3Y-1.89%
Revenue growth 5Y2.42%
Sales Q2Q%0%
3.2 Future
12DA is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 13.20% yearly.
The Revenue is expected to grow by 4.62% on average over the next years.
EPS Next Y16.99%
EPS Next 2Y14.31%
EPS Next 3Y13.05%
EPS Next 5Y13.2%
Revenue Next Year6.55%
Revenue Next 2Y6.84%
Revenue Next 3Y5.7%
Revenue Next 5Y4.62%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 14.22, 12DA is valued correctly.
75.00% of the companies in the same industry are more expensive than 12DA, based on the Price/Earnings ratio.
Compared to an average S&P500 Price/Earnings ratio of 26.35, 12DA is valued a bit cheaper.
Based on the Price/Forward Earnings ratio of 10.88, the valuation of 12DA can be described as reasonable.
12DA's Price/Forward Earnings is on the same level as the industry average.
When comparing the Price/Forward Earnings ratio of 12DA to the average of the S&P500 Index (22.20), we can say 12DA is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.22 | ||
| Fwd PE | 10.88 |
4.2 Price Multiples
12DA's Enterprise Value to EBITDA is on the same level as the industry average.
The rest of the industry has a similar Price/Free Cash Flow ratio as 12DA.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 41.54 | ||
| EV/EBITDA | 9.96 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The decent profitability rating of 12DA may justify a higher PE ratio.
12DA's earnings are expected to grow with 13.05% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.84
PEG (5Y)8.44
EPS Next 2Y14.31%
EPS Next 3Y13.05%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.88%, 12DA has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 2.25, 12DA pays a better dividend. On top of this 12DA pays more dividend than 82.14% of the companies listed in the same industry.
12DA's Dividend Yield is slightly below the S&P500 average, which is at 2.40.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.88% |
5.2 History
The dividend of 12DA decreases each year by -6.80%.
Dividend Growth(5Y)-6.8%
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
27.77% of the earnings are spent on dividend by 12DA. This is a low number and sustainable payout ratio.
DP27.77%
EPS Next 2Y14.31%
EPS Next 3Y13.05%
FRA:12DA (5/26/2025, 7:00:00 PM)
99.82
+1.65 (+1.68%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryTechnology Hardware, Storage & Peripherals
Earnings (Last)
Earnings (Next)
Inst Owners72.41%
Inst Owner ChangeN/A
Ins Owners10.55%
Ins Owner ChangeN/A
Market Cap68.22B
Analysts81.33
Price Target118.83 (19.04%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.88% |
Yearly Dividend1.61
Dividend Growth(5Y)-6.8%
DP27.77%
Div Incr Years2
Div Non Decr Years2
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)3.17%
Min EPS beat(2)2.34%
Max EPS beat(2)4%
EPS beat(4)3
Avg EPS beat(4)3.47%
Min EPS beat(4)-0.95%
Max EPS beat(4)8.47%
EPS beat(8)7
Avg EPS beat(8)20.57%
EPS beat(12)11
Avg EPS beat(12)20.33%
EPS beat(16)14
Avg EPS beat(16)17.14%
Revenue beat(2)0
Avg Revenue beat(2)-3.82%
Min Revenue beat(2)-4.46%
Max Revenue beat(2)-3.17%
Revenue beat(4)2
Avg Revenue beat(4)-1.3%
Min Revenue beat(4)-4.46%
Max Revenue beat(4)1.63%
Revenue beat(8)4
Avg Revenue beat(8)-0.33%
Revenue beat(12)6
Avg Revenue beat(12)0.08%
Revenue beat(16)6
Avg Revenue beat(16)-2.22%
PT rev (1m)-7.91%
PT rev (3m)-19.69%
EPS NQ rev (1m)0.97%
EPS NQ rev (3m)-5.26%
EPS NY rev (1m)-0.67%
EPS NY rev (3m)-0.89%
Revenue NQ rev (1m)0.02%
Revenue NQ rev (3m)-2.8%
Revenue NY rev (1m)0.02%
Revenue NY rev (3m)-0.82%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.22 | ||
| Fwd PE | 10.88 | ||
| P/S | 0.81 | ||
| P/FCF | 41.54 | ||
| P/OCF | 17.17 | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | 9.96 |
EPS(TTM)7.02
EY7.03%
EPS(NY)9.17
Fwd EY9.19%
FCF(TTM)2.4
FCFY2.41%
OCF(TTM)5.81
OCFY5.82%
SpS122.86
BVpS-1.91
TBVpS-32.9
PEG (NY)0.84
PEG (5Y)8.44
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.76% | ||
| ROE | N/A | ||
| ROCE | 20.4% | ||
| ROIC | 17.66% | ||
| ROICexc | 19.83% | ||
| ROICexgc | 107.08% | ||
| OM | 7.09% | ||
| PM (TTM) | 4.81% | ||
| GM | 22.24% | ||
| FCFM | 1.96% |
ROA(3y)4.2%
ROA(5y)4.25%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)15.7%
ROIC(5y)12.68%
ROICexc(3y)19.22%
ROICexc(5y)15.74%
ROICexgc(3y)262.93%
ROICexgc(5y)N/A
ROCE(3y)18.13%
ROCE(5y)14.64%
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3Y9.13%
ROICexc growth 5Y39.04%
OM growth 3Y14.62%
OM growth 5Y19.03%
PM growth 3Y-4.39%
PM growth 5Y-2.46%
GM growth 3Y0.92%
GM growth 5Y-1.79%
F-Score6
Asset Turnover1.2
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 13.14 | ||
| Debt/EBITDA | 1.96 | ||
| Cap/Depr | 84.92% | ||
| Cap/Sales | 2.78% | ||
| Interest Coverage | 5.2 | ||
| Cash Conversion | 45.68% | ||
| Profit Quality | 40.7% | ||
| Current Ratio | 0.78 | ||
| Quick Ratio | 0.63 | ||
| Altman-Z | 1.88 |
F-Score6
WACC8%
ROIC/WACC2.21
Cap/Depr(3y)87.84%
Cap/Depr(5y)72.71%
Cap/Sales(3y)2.94%
Cap/Sales(5y)2.8%
Profit Quality(3y)79.48%
Profit Quality(5y)132.08%
High Growth Momentum
Growth
EPS 1Y (TTM)12.06%
EPS 3Y-1.89%
EPS 5Y1.68%
EPS Q2Q%0%
EPS Next Y16.99%
EPS Next 2Y14.31%
EPS Next 3Y13.05%
EPS Next 5Y13.2%
Revenue 1Y (TTM)8.08%
Revenue growth 3Y-1.89%
Revenue growth 5Y2.42%
Sales Q2Q%0%
Revenue Next Year6.55%
Revenue Next 2Y6.84%
Revenue Next 3Y5.7%
Revenue Next 5Y4.62%
EBIT growth 1Y25.28%
EBIT growth 3Y12.46%
EBIT growth 5Y21.91%
EBIT Next Year45.7%
EBIT Next 3Y19.66%
EBIT Next 5Y12.91%
FCF growth 1Y-68.43%
FCF growth 3Y-37.1%
FCF growth 5Y-22.54%
OCF growth 1Y-47.89%
OCF growth 3Y-24.02%
OCF growth 5Y-13.42%