Compare Stocks › DELL vs ORCL

Dell Technologies Inc. (DELL) vs Oracle Corporation (ORCL): Which Is the Better Buy in 2026?

As of 2026-09-17, DELL is overvalued at $563, with a DCF intrinsic value of $218 and a margin of safety of -158%. ORCL is undervalued at $143, with an intrinsic value of $386 and a margin of safety of 63%. Of the two, ORCL has the wider margin of safety.

DELL

Dell Technologies Inc.

$563.29

ORCL

Oracle Corporation

$143.16

Rewards

DELL

★Dell Technologies Inc. has maintained ROIC above 15% for 4 consecutive years, indicating a durable competitive advantage.
★Dell Technologies Inc. scores 75/100 on the Economic Moat Score (Wide Moat), with roic consistency as the strongest competitive dimension.
★Free cash flow has grown at a 147.8% CAGR over the past 4 years, demonstrating strong earnings power growth.

ORCL

★Gross margin of 64.0% indicates strong pricing power — typical of businesses with significant intellectual property or brand strength.
★Return on equity has consistently exceeded 20% over 4 years, indicating efficient use of shareholder capital.
★Each dollar of retained earnings has created $3.80 of earning power — management is an exceptional capital allocator.

Risks

DELL

⚠Gross margin of 19.9% is low, suggesting a competitive or commodity-like market with limited pricing power.
⚠FCF yield of 2.4% is below 3%, meaning the market is pricing in substantial future growth to justify the current price.
⚠7 insider sales totaling $47.2M with no purchases in the past 3 months — insiders are reducing their exposure.

ORCL

⚠Despite buyback spending, shares outstanding increased in 3 out of 4 years — stock-based compensation is offsetting repurchases.
⚠High leverage (1.97x net debt/equity) combined with thin interest coverage (-1.0x) poses financial risk.
⚠Altman Z-Score of 1.67 places the company in the distress zone — financial patterns resemble those of companies that experienced bankruptcy.

Key Valuation Metrics

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DELL

ORCL

Valuation

$8.55B

Free Cash Flow

$-45.85B

2.39%

FCF Yield

-10.59%

32.79

Trailing P/E

22.44

19.65

Forward P/E

13.02

Quality & Moat

40.69%

ROIC

8.55%

N/A

ROE

41.19%

19.91%

Gross Margin

63.96%

0.63

PEG Ratio

0.80

Balance Sheet Safety

N/A

Net Debt / Equity

1.97

N/A

Interest Coverage

N/A

1.34

Net Debt / EBITDA

3.84

0.45%

Dividend Yield

1.40%

DELL: 5Ties: 1ORCL: 4

DELLORCL

Historical Fundamentals

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DELL

Price ÷ Earnings Per Share — how many years of current earnings you're paying for at today's price. Lower P/E may indicate undervaluation. The dashed forward point is the forward P/E — today's price ÷ analyst consensus EPS.

ORCL

$1 Retained Earnings Test

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DELL

$30.90

created per $1 retained over 3 years

Exceptional Value Creator

Σ Retained

$10.11B

Δ Market Cap

+$312.36B

Buffett's "$1 Test": For every $1 of earnings retained, has management created at least $1 of market value?
> $1 created per $1 retained = Value Creator · < $1 created = Value Destroyer

ORCL

$5.04

created per $1 retained over 3 years

Exceptional Value Creator

Σ Retained

$25.08B

Δ Market Cap

+$126.27B

Buffett's "$1 Test": For every $1 of earnings retained, has management created at least $1 of market value?
> $1 created per $1 retained = Value Creator · < $1 created = Value Destroyer

Discounted Cash Flow (DCF) Analysis

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DELL

158.3% Overvalued

Price is 158.3% above estimated fair value

Current Price: $563.29

Strongly undervalued

Strongly overvalued

Fair Value: $218.11

Strongly undervalued

Undervalued

Fairly valued

Overvalued

Strongly overvalued

ORCL

62.9% Margin of Safety

Price is 62.9% below estimated fair value

Current Price: $143.16

Strongly undervalued

Fairly valued

Strongly overvalued

Fair Value: $385.54

Strongly undervalued

Undervalued

Fairly valued

Overvalued

Strongly overvalued

Reverse DCF — Market-Implied Growth

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DELL

What growth rate is the market pricing in at $563?

+22.8%

Market-Implied Owner Earnings Growth

Standard FCF implies +18.6%

The market implies +22.8% Owner Earnings growth, below historical trends — potential opportunity.

Standard FCF implies a more demanding +18.6%, reflecting heavy growth investment expected to generate future returns.

ORCL

Requires positive FCF to compute implied growth rate.

Economic Moat Score

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DELL

75/100

Wide Moat

70+ Wide · 40-69 Narrow · <40 None

Wide moat driven primarily by roic consistency. Revenue Predictability is the area most vulnerable to competitive pressure.

Composite score measuring competitive advantage durability across four dimensions: returns above cost of capital, pricing power stability, revenue predictability, and capital efficiency. Based on 4 years of fundamental data.

ORCL

67/100

Narrow Moat

70+ Wide · 40-69 Narrow · <40 None

Narrow moat with revenue predictability as the key competitive advantage. Improving reinvestment efficiency would strengthen the moat.

Forensic Accounting

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DELL

-2.14

Possible Manipulator

Above -1.78 = likely manipulator · -2.22 to -1.78 = grey zone

M-Score Trend

Beneish's 8-variable model estimates the probability of earnings manipulation. An M-Score above -1.78 signals elevated risk — companies in this range have historically been 3-5× more likely to be manipulating earnings. Scores between -2.22 and -1.78 fall in a grey zone warranting further investigation.

ORCL

-2.58

Unlikely Manipulator

Above -1.78 = likely manipulator · -2.22 to -1.78 = grey zone

M-Score Trend

Ownership Breakdown

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DELL

Insiders 7.7%Institutions 78.0%Retail & Other 14.3%

No. of Institutional Holders2,740

High insider ownership aligns management incentives with shareholders — a key signal in Buffett-style analysis. Institutional concentration can indicate smart-money conviction but also crowding risk.

ORCL

Insiders 38.6%Institutions 43.6%Retail & Other 17.8%

No. of Institutional Holders4,570

High insider ownership aligns management incentives with shareholders. Institutional concentration can indicate smart-money conviction but also crowding risk.

Insider Buying Activity

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DELL

Buys (3M)

Buys (12M)

No open market insider purchases found.

Open market purchases · includes direct & indirect ownership · excludes option exercises

ORCL

Buys (3M)

Buys (12M)

FAIRHEAD RONA ALISON

Director

$112,258

@ $233.87 · 2025-07-07

MOORMAN CHARLES W IV

Director

$947,913

@ $172.35 · 2025-02-12

Open market purchases · includes direct & indirect ownership · excludes option exercises

Open market purchases · includes direct & indirect ownership · excludes option exercises.

Insider Selling Activity

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DELL

Sells (3M)

Sells (12M)

Total value (12M): $55.38M

TRIZZINO PETER

Officer

$21.14M

@ $560.16 · 2026-09-11

ROTHBERG RICHARD JAY

General Counsel

$3.29M

@ $547.55 · 2026-09-11

TUNNELL JANE

Officer

$2.85M

@ $523.52 · 2026-09-04

SAAVEDRA JENNIFER D.

Officer

$13.13M

@ $520.00 · 2026-09-04

RADAKOVICH LYNN VOJVODICH

Director

$886,061

@ $438.21 · 2026-08-24

RADAKOVICH LYNN VOJVODICH

Director

$836,643

@ $413.77 · 2026-07-22

RADAKOVICH LYNN VOJVODICH

Director

$5.06M

@ $421.00 · 2026-06-22

ROTHBERG RICHARD JAY

General Counsel

$8.20M

@ $410.00 · 2026-06-15

Direct ownership only · excludes indirect, option exercises, planned (10b5-1) sales & derivatives

ORCL

Sells (3M)

Sells (12M)

Total value (12M): $111.30M

HENLEY JEFFREY O

Officer and Director

$63.66M

@ $159.16 · 2026-06-24

LEVEY STUART A

Officer

$2.64M

@ $176.19 · 2026-04-16

MAGOUYRK CLAYTON M

Chief Executive Officer

$1.55M

@ $155.23 · 2026-02-09

KEHRING DOUGLAS A

Officer

$6.82M

@ $194.89 · 2026-01-15

HURA MARK

Officer

$2.95M

@ $196.89 · 2025-12-24

SELIGMAN NAOMI O

Director

$437,064

@ $196.61 · 2025-12-23

MAGOUYRK CLAYTON M

Chief Executive Officer

$1.93M

@ $192.52 · 2025-12-19

SMITH MARIA

Officer

$2.80M

@ $280.31 · 2025-10-23

MAGOUYRK CLAYTON M

Chief Executive Officer

$11.07M

@ $276.64 · 2025-10-21

LEVEY STUART A

Officer

$5.93M

@ $300.00 · 2025-10-10

SELIGMAN NAOMI O

Director

$641,958

@ $288.91 · 2025-09-26

SICILIA MICHAEL D

Officer

$10.87M

@ $321.16 · 2025-09-23

SICILIA MICHAEL D

Officer

$5.12M

@ $313.60 · 2025-09-16

MAGOUYRK CLAYTON M

President

$6.31M

@ $297.11 · 2025-09-12

SICILIA MICHAEL D

Officer

$4.04M

@ $254.48 · 2025-08-05

SELIGMAN NAOMI O

Director

$770,656

@ $233.32 · 2025-07-16

SMITH MARIA

Officer

$2.33M

@ $232.99 · 2025-07-03

CATZ SAFRA A

Chief Executive Officer

$267.24M

@ $212.01 · 2025-06-27

CATZ SAFRA A

Chief Executive Officer

$794.64M

@ $212.50 · 2025-06-26

CATZ SAFRA A

Chief Executive Officer

$764.01M

@ $206.77 · 2025-06-23

MAGOUYRK CLAYTON M

Officer

$3.21M

@ $214.10 · 2025-06-17

CONRADES GEORGE HENRY

Director

$1.74M

@ $213.49 · 2025-06-17

SELIGMAN NAOMI O

Director

$428,562

@ $149.53 · 2025-05-05

SELIGMAN NAOMI O

Director

$291,620

@ $145.81 · 2025-04-02

CATZ SAFRA A

Chief Executive Officer

$705.46M

@ $185.40 · 2025-01-24

Direct ownership only · excludes indirect, option exercises, planned (10b5-1) sales & derivatives

Direct ownership only · excludes indirect, option exercises, planned (10b5-1) sales & derivatives.

🎭 Mr. Market's Mood

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DELL

😏Greed(64/100)

"Market is optimistic — be cautious and ensure you have a margin of safety"

Composite sentiment score based on 6 market signals. Inspired by Buffett's "Mr. Market" allegory — fear = potential opportunity, greed = potential risk. Must be used alongside fundamental analysis, not in isolation.

ORCL

😨Fear(31/100)

"Market is pessimistic — investigate whether fears are temporary or structural"

Composite sentiment score based on market signals. Inspired by Buffett’s "Mr. Market" allegory — fear = potential opportunity, greed = potential risk. Must be used alongside fundamental analysis, not in isolation.

⚖️ Buffett Signal

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DELL

⚪Awaiting DCF Data

The Buffett Signal cross-references market sentiment with DCF valuation. Configure the DCF Analysis above to generate a signal.

DCF Margin of Safety: N/AMr. Market's Mood: Greed (64)

ORCL

⚪Awaiting DCF Data

The Buffett Signal cross-references market sentiment with DCF valuation. Configure the DCF Analysis above to generate a signal.

DCF Margin of Safety: N/AMr. Market's Mood: Fear (31)

View DELL Full Analysis View ORCL Full Analysis

Frequently Asked Questions: DELL vs ORCL

Is Dell Technologies Inc. or Oracle Corporation more undervalued in 2026?▼

Based on our discounted cash flow model, ORCL trades at a 62.9% margin of safety (intrinsic value $386 vs. price $143), compared to DELL's -158.3% margin of safety (intrinsic $218 vs. $563).

Which stock has a wider economic moat, Dell Technologies Inc. or Oracle Corporation?▼

DELL scores 75/100 (Wide moat), while ORCL scores 67/100 (Narrow moat). The moat score measures competitive advantage durability across ROIC consistency, margin stability, revenue predictability, and reinvestment efficiency.

Is Oracle Corporation in financial distress?▼

ORCL's Altman Z-Score of 1.7 places it in the Distress zone, signaling elevated bankruptcy risk. DELL scores 3.5 (Safe zone). The Altman Z-Score is a five-factor model that predicts insolvency within two years; scores below 1.81 indicate significant distress.

Which company has better free cash flow, Dell Technologies Inc. or Oracle Corporation?▼

Dell Technologies Inc. (DELL) generates a 2.4% free cash flow yield, compared to Oracle Corporation's -10.6%. A higher FCF yield means the business converts more of its market value into cash that can be returned to shareholders or reinvested.

Which stock has higher return on invested capital, Dell Technologies Inc. or Oracle Corporation?▼

DELL earns 40.7% ROIC versus ORCL's 8.5%. A higher ROIC means the company generates more profit per dollar of capital employed, a hallmark of durable competitive advantage in Buffett-style analysis.

Which dividend is safer, Dell Technologies Inc.'s or Oracle Corporation's?▼

DELL's dividend earns a safety score of 94/100 (Very Safe), compared to ORCL's 79/100 (Safe). DELL has raised its dividend for 3 consecutive years.