CDW Stock Analysis: CDW | NASDAQ
Information Technology Services | NASDAQ, USA | Market Cap: 16.742m USD | 12M Return: -12% | US12514G1085 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 206M
EPS Trend: 67.5%
Qual. Beats: 0
Rev. Trend: 76.0%
Qual. Beats: 2
Warnings
Tailwinds
Seasonality 11.7 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
CDW Corporation (NASDAQ: CDW) is a large-cap information technology solutions provider headquartered in Vernon Hills, Illinois. Founded in 1984 and public since 1993, the company operates in the United States, the United Kingdom, and Canada, and is classified within the Information Technology sector as a Technology Distributor. As a value-added reseller, CDW combines third-party hardware and software from a broad ecosystem of vendors with its own services to deliver integrated solutions rather than acting purely as a pass-through wholesaler.
The company organizes its business into three reporting segments: Commercial, Government, and Education. It sells a wide range of discrete hardware (notebooks, mobile devices, tablets, desktops, servers, storage, and networking equipment) and software (cloud, security, virtualization, productivity, and operating systems), and bundles these into integrated solutions spanning hybrid infrastructure, digital experience, and security. CDW also offers advisory, design, implementation, managed services, and warranty support, serving business, government, education, and healthcare customers.
- Commercial segment growth driven by hybrid cloud demand
- Government vertical benefits from sustained federal IT spending
- Education budget cycles create revenue concentration risk
| Net Income: 1.08b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.06 > 0.02 and ΔFCF/TA -0.25 > 1.0 |
| NWC/Revenue: 5.89% < 20% (prev 9.28%; Δ -3.39% < -1%) |
| CFO/TA 0.06 > 3% & CFO 981.8m > Net Income 1.08b |
| Net Debt (5.75b) to EBITDA (1.83b): 3.15 < 3 |
| Current Ratio: 1.17 > 1.5 & < 3 |
| Outstanding Shares: last quarter (127.4m) vs 12m ago -3.78% < -2% |
| Gross Margin: 21.36% > 18% (prev 21.57%; Δ -0.21% > 0.5%) |
| Asset Turnover: 144.5% > 50% (prev 143.3%; Δ 1.21% > 0%) |
| Interest Coverage Ratio: 6.81 > 6 (EBIT TTM 1.56b / Interest Expense TTM 229.0m) |
| A: 0.08 (Total Current Assets 9.68b - Total Current Liabilities 8.30b) / Total Assets 17.3b |
| B: -0.09 (Retained Earnings -1.49b / Total Assets 17.3b) |
| C: 0.10 (EBIT TTM 1.56b / Avg Total Assets 16.3b) |
| D: 0.16 (Book Value of Equity 2.44b / Total Liabilities 14.8b) |
| Altman-Z'' = 1.06 = BB |
| DSRI: 1.19 (Receivables 7.89b/6.19b, Revenue 23.5b/21.9b) |
| GMI: 1.01 (GM 21.57% / 21.36%) |
| AQI: 0.90 (AQ_t 0.42 / AQ_t-1 0.47) |
| SGI: 1.07 (Revenue 23.5b / 21.9b) |
| TATA: 0.01 (NI 1.08b - CFO 981.8m) / TA 17.3b) |
| Beneish M = -2.87 (Cap -4..+1) = A |
As of October 07, 2026, the stock is trading at USD 135.67 with a total of 713,388 shares traded. Over the past week, the price has changed by +4.59%, over one month by -6.10%, over three months by +1.59% and over the past year by -12.02%.
Current recommended Stop Loss: 125.30 (which is 7.6% or 1.8 ATR below the current price).
CDW has received a consensus analysts rating of 4.20. Therefore, it is recommended to buy CDW.
- StrongBuy: 5
- Buy: 2
- Hold: 3
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 158.7 | 17% |
P/E Trailing = 16.0191
P/E Forward = 15.1515
P/S = 0.7124
P/B = 7.4823
P/EG = 1.3345
Revenue TTM = 23.5b USD
EBIT TTM = 1.56b USD
EBITDA TTM = 1.83b USD
Long Term Debt = 4.81b USD (from longTermDebt, last quarter)
Short Term Debt = 1.01b USD (from shortTermDebt, last quarter)
Debt = 6.11b USD (from shortLongTermDebtTotal, last quarter) + Leases 147.3m
Net Debt = 5.75b USD (calculated: Debt 6.11b - CCE 361.8m)
Enterprise Value = 22.5b USD (16.7b + Debt 6.11b - CCE 361.8m)
Interest Coverage Ratio = 6.81 (Ebit TTM 1.56b / Interest Expense TTM 229.0m)
EV/FCF = 20.29x (Enterprise Value 22.5b / FCF TTM 1.11b)
FCF Yield = 4.93% (FCF TTM 1.11b / Enterprise Value 22.5b)
FCF Margin = 4.72% (FCF TTM 1.11b / Revenue TTM 23.5b)
Net Margin = 4.60% (Net Income TTM 1.08b / Revenue TTM 23.5b)
Gross Margin = 21.36% ((Revenue TTM 23.5b - Cost of Revenue TTM 18.5b) / Revenue TTM)
Gross Margin QoQ = 20.08% (prev 20.95%)
Tobins Q-Ratio = 1.30 (Enterprise Value 22.5b / Total Assets 17.3b)
Interest Expense / Debt = 3.75% (Interest Expense 229.0m / Debt 6.11b)
Taxrate = 25.52% (370.1m / 1.45b)
NOPAT = 1.16b (EBIT 1.56b * (1 - 25.52%))
Current Ratio = 1.17 (Total Current Assets 9.68b / Total Current Liabilities 8.30b)
Debt / Equity = 2.50 (Debt 6.11b / totalStockholderEquity, last quarter 2.44b)
Debt / EBITDA = 3.15 (Net Debt 5.75b / EBITDA 1.83b)
Debt / FCF = 5.19 (Net Debt 5.75b / FCF TTM 1.11b)
Total Stockholder Equity = 2.54b (last 4 quarters mean from totalStockholderEquity)
RoA = 6.64% (Net Income 1.08b / Total Assets 17.3b)
RoE = 42.60% (Net Income TTM 1.08b / Total Stockholder Equity 2.54b)
RoCE = 21.24% (EBIT 1.56b / Capital Employed (Equity 2.54b + L.T.Debt 4.81b))
RoIC = 12.09% (NOPAT 1.16b / Invested Capital 9.61b)
WACC = 6.85% (E(16.7b)/V(22.9b) * Re(8.33%) + D(6.11b)/V(22.9b) * Rd(3.75%) * (1-Tc(0.26)))
Discount Rate = 8.33% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -98.16 | Cagr: -2.86%
[DCF] Terminal Value 76.53% ; FCFF base≈1.07b ; Y1≈1.16b ; Y5≈1.41b
[DCF] Fair Price = 126.8 (EV 21.6b - Net Debt 5.75b = Equity 15.9b / Shares 125.0m; r=8.35% [WACC [floored]]; 5y FCF grow 8.80% → 2.50% )
EPS Correlation: 67.54 | EPS CAGR: 1.66% | SUE: 0.52 | # QB: 0
Revenue Correlation: 76.00 | Revenue CAGR: 3.26% | SUE: 1.82 | # QB: 2
EPS current Quarter (2026-09-30): EPS=2.96 | Chg30d=+0.91% | Revisions=+0% | Analysts=10
EPS current Year (2026-12-31): EPS=10.96 | Chg30d=+0.27% | Revisions=+25% | GrowthEPS=+9.4% | GrowthRev=+8.1%
EPS next Year (2027-12-31): EPS=12.02 | Chg30d=+0.65% | Revisions=+25% | GrowthEPS=+9.6% | GrowthRev=+3.7%
[Analyst] Revisions Ratio: +40% (up=2, down=0)