CDW
ACCE-researchedOverview
ACCE thesis
CDW sources, configures, and delivers multi-brand hardware, software, and cloud solutions to corporate, government, healthcare, and education customers who lack the procurement scale or technical bench to do it themselves. The value lock is real: switching costs compound over time as CDW embeds itself in customers' vendor relationships, licensing agreements, and refresh cycles, making displacement economically painful even when a competitor undercuts on price. The AI infrastructure buildout is a direct revenue driver here-server, storage, and networking refresh cycles are accelerating as enterprises upgrade to support GPU workloads, and CDW sits in the middle of every purchase order. At 8.9x forward earnings with a 44% ROE, the market is pricing this like a low-margin commodity distributor, but CDW's ability to generate returns that high on a capital-light model says otherwise. Revenue contraction in 2023-2024 from the post-COVID hardware hangover appears to be bottoming, and the 9.2% top-line growth signals the refresh cycle has restarted-at current valuation, you're not paying for that recovery yet.
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Price
Valuation
INVESTORSix independent models converge on one confidence-weighted fair value, with full methodology and editable assumptions.
- +All six models: DCF, P/E and EV/EBITDA comps, Graham, dividend discount, residual income
- +Scenario bands, sensitivity tornado, and the 5-year historical valuation range
- +Editable DCF workbench with saved scenarios
Quality
INVESTORThe full quality picture: conviction breakdown, earnings quality, score history, and backtested returns.
- +Conviction score breakdown and earnings-quality grade
- +Growth / value / quality / momentum component scores
- +90-day score history and score-threshold backtests
Analysts
Wall Street consensus
The full analyst picture: the price-target distribution against the current price, forward consensus estimates, and how ACCE's own models compare.
- +Price-target low / average / high vs the current price, with implied upside
- +Forward revenue and EPS consensus by fiscal year
- +ACCE fair-value models lined up against the Street
Smart Money
PROFollow the institutions: 13F position changes, insider trades, and active 13D activist filings.
- +Quarter-over-quarter institutional position changes
- +Recent open-market insider transactions
- +Active 13D activist filings and top holders
Compare
Where it sits vs peers
Algorithmic peers (6)
| Ticker | Company | Mcap | P/E | ROE | D/E | Yield | Quality | |
|---|---|---|---|---|---|---|---|---|
| FIS | Fidelity National Information Services Inc. Common Stock | $18.4B | 5.5 | 22.4% | 0.94 | 4.6% | - | Compare |
| BR | Broadridge Financial Solutions Inc. Common Stock | $18.6B | 17.0 | 40.9% | 1.16 | 2.4% | - | Compare |
| WIPRO.NS | Wipro Limited | $16.9B | 13.0 | 16.1% | 27.40 | 4.8% | - | Compare |
| CAP.PA | Capgemini | $19.9B | 13.3 | 12.2% | 0.72 | 3.2% | - | Compare |
| WIT | Wipro Limited Common Stock | $16.4B | 12.8 | 16.1% | 0.19 | 5.2% | - | Compare |
| LDOS | Leidos Holdings Inc. Common Stock | $16.0B | 11.9 | 27.8% | 0.95 | 1.3% | - | Compare |
Sector report card
Where CDW ranks against its sector peers on each metric.
News and Record
Press releases mentioning this company
- Business Wire•Sep 14, 2026Liberty All-Star® Equity Fund August 2026 Monthly Update
- Business Wire•Sep 2, 2026CDW to Acquire Lovelytics to Turn Customer Data into Business Value
- Business Wire•Aug 25, 2026CDW Canada Opens New Calgary Hub, Deepening Its Investment in Western Canada
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