DELL (Dell Technologies) EV-to-EBIT: 23.98 (As of Aug. 02, 2026) — 46% Above Median

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DELL Dell Technologies Inc DELL
69 GF Score
Price $405.37
GF Value $199.17
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Dell Technologies EV-to-EBIT?

Dell Technologies DELL +0.14% 69 EV-to-EBIT is 23.98 as of Aug. 02, 2026, which is 46% above its 10-year median of 16.46. GuruFocus rates DELL with a GF Score™ of 69/100 and a GF Value™ of $199.17 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,771 Hardware companies, Dell Technologies ranks worse than 56.18% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Dell Technologies's Enterprise Value is $281,510 Mil. Dell Technologies's EBIT for the trailing twelve months (TTM) ended in Apr. 2026 was $11,737 Mil. Therefore, Dell Technologies's EV-to-EBIT for today is 23.98.

The historical rank and industry rank for Dell Technologies's EV-to-EBIT or its related term are showing as below:

DELL' s EV-to-EBIT Range Over the Past 10 Years
Min: -285.11   Med: 16.46   Max: 262.47
Current: 23.98

During the past 12 years, the highest EV-to-EBIT of Dell Technologies was 262.47. The lowest was -285.11. And the median was 16.46.

DELL's EV-to-EBIT is ranked worse than
56.18% of 1771 companies
in the Hardware industry
Industry Median: 19.84 vs DELL: 23.98

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Dell Technologies's Enterprise Value for the quarter that ended in Apr. 2026 was $155,094 Mil. Dell Technologies's EBIT for the trailing twelve months (TTM) ended in Apr. 2026 was $11,737 Mil. Dell Technologies's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Apr. 2026 was 7.57%.


Dell Technologies  (NYSE:DELL) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Dell Technologies's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Apr. 2026 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Apr. 2026 ) =EBIT / Enterprise Value (Q: Apr. 2026 )
=11737/155094.1793
=7.57 %

Dell Technologies's Enterprise Value for the quarter that ended in Apr. 2026 was $155,094 Mil.
Dell Technologies's EBIT for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $11,737 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Dell Technologies EV-to-EBIT Related Terms


Dell Technologies EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Dell Technologies's EV-to-EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Dell Technologies EV-to-EBIT Chart

Dell Technologies Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.12 11.13 13.83 14.41 10.72

Dell Technologies Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.04 14.93 16.34 10.72 13.21

DELL vs ANET, SNDK, STX: EV-to-EBIT Comparison

For the Computer Hardware subindustry, Dell Technologies's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Dell Technologies EV-to-EBIT vs Hardware Industry

For the Hardware industry and Technology sector, Dell Technologies's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Dell Technologies's EV-to-EBIT falls into.


DELL
69GF Score
Dell Technologies Inc DELL
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dell Technologies EV-to-EBIT Calculation

Dell Technologies's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=281509.756/11737
=23.98

Dell Technologies's current Enterprise Value is $281,510 Mil.
Dell Technologies's EBIT for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $11,737 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EV-to-EBIT →
What does a EV-to-EBIT of 23.98 mean?
Dell Technologies (DELL) has a EV-to-EBIT of 23.98 as of Aug. 02, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Dell Technologies and its competitors. This is 46% above median its historical median of 16.46. According to the industry distribution chart, Dell Technologies ranks #995 out of 1771 companies in the Hardware industry, placing it in the top 56.2%.
Is Dell Technologies' EV-to-EBIT too high?
Dell Technologies' current EV-to-EBIT of 23.98 is 46% above median its 10-year median of 16.46. The Hardware industry median EV-to-EBIT is 19.84. Dell Technologies' value of 23.98 is 20.9% above this industry median. Based on the distribution chart, Dell Technologies ranks #995 out of 1771 companies in the Hardware industry, which is below the industry midpoint. Overall, Dell Technologies has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Dell Technologies' EV-to-EBIT compare to ANET and SNDK?
According to the Hardware industry distribution chart, Dell Technologies ranks #995 out of 1771 companies for EV-to-EBIT. This places Dell Technologies in the lower half of its industry. The industry median EV-to-EBIT is 19.84. Dell Technologies' value of 23.98 is 20.9% above this benchmark. While the company's 10-year median is 16.46 vs. the industry median of 19.84, Dell Technologies has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBIT for a Hardware company?
The median EV-to-EBIT among Hardware companies is 19.84, based on 1,771 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Dell Technologies's current EV-to-EBIT of 23.98 is 20.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Dell Technologies and its competitors. For the Hardware industry, the median EV-to-EBIT is 19.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dell Technologies's current EV-to-EBIT is 23.98, which is 46% above median its own 10-year median of 16.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dell Technologies stock overvalued right now?
Based on GuruFocus' analysis, Dell Technologies (DELL) is currently considered Significantly Overvalued. The stock's GF Value™ is $199.17, compared to a current price of $405.37 — trading 103.5% above its estimated fair value. The current EV-to-EBIT is 23.98, which is 46% above median its 10-year median of 16.46 and 20.9% above the Hardware industry median of 19.84. Dell Technologies' overall GF Score™ is 69/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Dell Technologies (DELL), the current EV-to-EBIT is 23.98 as of Aug. 02, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Dell Technologies (DELL) Overvalued in 2026?

Based on GuruFocus' analysis, Dell Technologies stock appears to be overvalued. The current stock price of $405.37 is trading 103.5% above its estimated GF Value™ of $199.17. GuruFocus considers Dell Technologies to be Significantly Overvalued.

Key valuation signals for DELL:

  • EV-to-EBIT: 23.98 (46% above median its 10-year median of 16.46)
  • GF Value™: $199.17 vs. price of $405.37 (103.5% above fair value)
  • GF Score™: 69/100 with 7 warning signs
  • Industry Position: 20.9% above the Hardware median (#995 of 1771)

No single metric tells the full story. See the DELL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Dell Technologies Business Description

Address One Dell Way, Round Rock, TX, USA, 78682
Dell Technologies is a broad information technology vendor, primarily supplying hardware to enterprises. It focuses on premium and commercial personal computers, as well as enterprise on-premises data center hardware. It holds top-three shares in its core markets of personal computers, peripheral displays, mainstream servers, and external storage. Dell has a robust ecosystem of component and assembly partners and also relies heavily on channel partners to fulfill its sales.
69GF Score

Get the complete analysis for DELL

EV-to-EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$405.37
Price
$199.17
GF Value