Discounted Cash Flow

Dell Technologies Inc.

DELL · Based on 10 years of SEC filings

DCF estimate unavailable — only_3_profitable_out_of_10

Average annual growth rates

Metric 10-Year 5-Year 3-Year
Sales
Free Cash Flow
Average (FCF & NI)
Net Income

Average annual growth is the mean year-over-year change across each period.

Endpoint CAGR (better for long term trend)

Metric 10-Year 5-Year 3-Year
Sales
Free Cash Flow
Average (FCF & NI)
Net Income

Endpoint CAGR is the compound annual rate from the first to last year in each period.

Projections use average year-over-year growth. Change this in Settings.

Projected growth rate

Free cash flow growth
10-year: — 5-year: — 3-year: —
Averaged growth (FCF & NI)
10-year: — 5-year: — 3-year: —
Net income growth
10-year: — 5-year: — 3-year: —
Sales growth (not added to calculations)
10-year: — 5-year: — 3-year: —

Click a greyed-out slider to switch metrics. Slide between the 10-year, 5-year, and 3-year historic growth rates for FCF, net income, or their average.

%
%

Historical inputs (10 fiscal years)

YEAR Sales Net Income Free Cash Flow Net Margin EPS (diluted)
2017 $61.6b $-46.0m $1.5b -0.1%
2018 $78.7b (27.6%) $-127.0m (-176.1%) $5.6b (267.6%) -0.2% (-116.4%) $-3.98
2019 $90.6b (15.2%) $129.0m (201.6%) $5.8b (4.2%) 0.1% (188.2%) $-0.01 (99.7%)
2020 $92.2b (1.7%) $913.0m (607.8%) $7.0b (20.9%) 1.0% (596.0%) $6.38 (63900.0%)
2021 $94.2b (2.2%) $255.0m (-72.1%) $9.3b (32.3%) 0.3% (-72.7%) $4.37 (-31.5%)
2022 $101.2b (7.4%) $-6.0m (-102.4%) $7.5b (-19.5%) -0.0% (-102.2%)
2023 $102.3b (1.1%) $-20.0m (-233.3%) $562.0m (-92.5%) -0.0% (-229.7%) $3.33
2024 $88.4b (-13.6%) $-16.0m (20.0%) $5.9b (953.4%) -0.0% (7.4%) $4.71 (41.4%)
2025 $95.6b (8.1%) $-16.0m (0.0%) $1.9b (-68.4%) -0.0% (7.5%) $6.51 (38.2%)
2026 $113.5b (18.8%) $0 (100.0%) $8.6b (357.6%) 0.0% (100.0%) $8.79 (35.0%)

Base FCF: (latest fiscal year)

Discount rate: %

Terminal growth:

Projection period: years

Alt A decline yrs:

Alt B total yrs:

Values abbreviated: b = billions, m = millions, k = thousands.

Projected cash flows

Year Projected cash flow Discount Factor Present Value

PV of projected FCF:

Terminal FCF:

Terminal value:

PV of terminal value:

Enterprise value (DCF):

DCF price per share:

Current price:

Alternative DCF Models

Model Fair Value Upside PV(FCFs) PV(Terminal) Total Years
Standard (10yr→TV) 10 + TV
Alt A (Gradual Decline)
Alt B (30yr Hard Stop) N/A

This is a simplified DCF model for illustration. It uses reported free cash flow, a single growth assumption, fixed WACC, and a Gordon Growth terminal value. It is not investment advice.

+ 10YR Financials Balance Sheet (10YR) Cash Flow (10YR) DCF Model

only_3_profitable_out_of_10

Once the company meets all DCF eligibility criteria (sufficient history, profitability, growth trends), an estimate will become available automatically. No action is needed.