Overview Dividends

(CDW) CDW - Ratings and Ratios

Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US12514G1085

Hardware, Software, Cloud, Security, Services

Technology Distributors
Market Cap in USD: 18,311m

IPO / Inception: 1993-05-27
Return 12m vs S&P 500: -28.0%

EPS (Earnings per Share)

EPS CAGR: 7.31%
EPS Trend: 28.9%

Last SUE: 0.54
Qual. Beats: 0

Revenue

Rev. CAGR: 0.95%
Rev. Trend: -29.2%

Last SUE: -0.04
Qual. Beats: 0

Dividends

Dividend Yield	1.73%
Yield on Cost 5y	2.04%
Yield CAGR 5y	12.71%
Payout Consistency	100.0%
Payout Ratio	26.4%

Risk via 10d forecast
Volatility	34.7%
Value at Risk 5%th	55.4%
Relative Tail Risk	-2.95%

Reward TTM
Sharpe Ratio	-0.63
Alpha	-34.38
CAGR/Max DD	-0.17

Character TTM
Hurst Exponent	0.450
Beta	1.093
Beta Downside	1.127

Drawdowns 3y
Max DD	45.98%
Mean DD	17.04%
Median DD	13.85%

Description: CDW CDW October 16, 2025

CDW Corp (NASDAQ: CDW) is a multi-national IT solutions provider operating in the United States, United Kingdom, and Canada. The firm is organized into three customer-focused segments-Corporate, Small Business, and Public-and sells a mix of discrete hardware, software licences, and integrated solutions that span on-premise, hybrid, and cloud environments, with particular emphasis on digital experience, infrastructure, and security services.

In FY 2023 CDW reported revenue of roughly $20.2 billion, up about 5 % year-over-year, and an operating margin near 5.2 %, reflecting steady demand from enterprise digital-transformation budgets. Growth is being driven by three macro-level forces: (1) accelerated cloud adoption across its corporate and public customers, (2) rising enterprise spending on cybersecurity amid heightened threat activity, and (3) a gradual easing of global supply-chain constraints that had previously limited hardware inventory. The technology-distribution sector as a whole is benefiting from a 3-4 % annual increase in total IT spend, according to IDC, which supports CDW’s hybrid-infrastructure roadmap.

For a deeper quantitative view of CDW’s valuation metrics, you might explore the analyst dashboards on ValueRay.

Piotroski VR‑10 (Strict, 0-10) 5.0

Net Income (1.05b TTM) > 0 and > 6% of Revenue (6% = 1.33b TTM)

FCFTA 0.07 (>2.0%) and ΔFCFTA -2.69pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue 9.88% (prev 10.58%; Δ -0.69pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA 0.07 (>3.0%) and CFO 1.12b > Net Income 1.05b (YES >=105%, WARN >=100%)

Net Debt (5.64b) to EBITDA (1.85b) ratio: 3.04 <= 3.0 (WARN <= 3.5)

Current Ratio 1.39 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (131.8m) change vs 12m ago -2.30% (target <= -2.0% for YES)

Gross Margin 21.60% (prev 22.09%; Δ -0.48pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 149.4% (prev 144.9%; Δ 4.55pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio 5.28 (EBITDA TTM 1.85b / Interest Expense TTM 225.4m) >= 6 (WARN >= 3)

Altman Z'' 1.09

(A) 0.14 = (Total Current Assets 7.78b - Total Current Liabilities 5.59b) / Total Assets 15.20b

(B) -0.09 = Retained Earnings (Balance) -1.31b / Total Assets 15.20b

(D) -0.11 = Book Value of Equity -1.42b / Total Liabilities 12.66b

Total Rating: 1.09 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 57.34

1. Piotroski 5.0pt

2. FCF Yield 4.21%

3. FCF Margin 4.57%

4. Debt/Equity 2.40

5. Debt/Ebitda 3.04

6. ROIC - WACC (= 3.20)%

7. RoE 43.43%

8. Rev. Trend -29.19%

9. EPS Trend 28.93%

What is the price of CDW shares?

As of November 27, 2025, the stock is trading at USD 144.40 with a total of 1,143,826 shares traded.
Over the past week, the price has changed by +3.82%, over one month by -8.91%, over three months by -11.38% and over the past year by -17.56%.

Is CDW a buy, sell or hold?

CDW has received a consensus analysts rating of 4.08. Therefore, it is recommended to buy CDW.

Strong Buy: 5
Buy: 3
Hold: 4
Sell: 0
Strong Sell: 0

What are the forecasts/targets for the CDW price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	182	26%
Analysts Target Price	182	26%
ValueRay Target Price	131.2	-9.2%

CDW Fundamental Data Overview November 21, 2025

Market Cap USD = 18.31b (18.31b USD * 1.0 USD.USD)
P/E Trailing = 17.6625
P/E Forward = 13.3333
P/S = 0.8286
P/B = 7.1671
P/EG = 1.53
Beta = 1.055
Revenue TTM = 22.10b USD
EBIT TTM = 1.19b USD
EBITDA TTM = 1.85b USD
Long Term Debt = 5.62b USD (from longTermDebt, last quarter)
Short Term Debt = 340.1m USD (from shortTermDebt, last quarter)
Debt = 6.09b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 5.64b USD (from netDebt column, last quarter)
Enterprise Value = 23.95b USD (18.31b + Debt 6.09b - CCE 452.9m)
Interest Coverage Ratio = 5.28 (Ebit TTM 1.19b / Interest Expense TTM 225.4m)
FCF Yield = 4.21% (FCF TTM 1.01b / Enterprise Value 23.95b)
FCF Margin = 4.57% (FCF TTM 1.01b / Revenue TTM 22.10b)
Net Margin = 4.76% (Net Income TTM 1.05b / Revenue TTM 22.10b)
Gross Margin = 21.60% ((Revenue TTM 22.10b - Cost of Revenue TTM 17.32b) / Revenue TTM)
Gross Margin QoQ = 21.88% (prev 20.77%)
Tobins Q-Ratio = 1.58 (Enterprise Value 23.95b / Total Assets 15.20b)
Interest Expense / Debt = 0.90% (Interest Expense 55.0m / Debt 6.09b)
Taxrate = 25.27% (98.4m / 389.4m)
NOPAT = 889.9m (EBIT 1.19b * (1 - 25.27%))
Current Ratio = 1.39 (Total Current Assets 7.78b / Total Current Liabilities 5.59b)
Debt / Equity = 2.40 (Debt 6.09b / totalStockholderEquity, last quarter 2.54b)
Debt / EBITDA = 3.04 (Net Debt 5.64b / EBITDA 1.85b)
Debt / FCF = 5.59 (Net Debt 5.64b / FCF TTM 1.01b)
Total Stockholder Equity = 2.42b (last 4 quarters mean from totalStockholderEquity)
RoA = 6.92% (Net Income 1.05b / Total Assets 15.20b)
RoE = 43.43% (Net Income TTM 1.05b / Total Stockholder Equity 2.42b)
RoCE = 14.81% (EBIT 1.19b / Capital Employed (Equity 2.42b + L.T.Debt 5.62b))
RoIC = 10.91% (NOPAT 889.9m / Invested Capital 8.16b)
WACC = 7.70% (E(18.31b)/V(24.40b) * Re(10.04%) + D(6.09b)/V(24.40b) * Rd(0.90%) * (1-Tc(0.25)))
Discount Rate = 10.04% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -1.52%
[DCF Debug] Terminal Value 72.79% ; FCFE base≈1.14b ; Y1≈1.24b ; Y5≈1.56b
Fair Price DCF = 149.3 (DCF Value 19.44b / Shares Outstanding 130.2m; 5y FCF grow 10.02% → 3.0% )
EPS Correlation: 28.93 | EPS CAGR: 7.31% | SUE: 0.54 | # QB: 0
Revenue Correlation: -29.19 | Revenue CAGR: 0.95% | SUE: -0.04 | # QB: 0

Additional Sources for CDW Stock

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