DBD

Diebold Nixdorf, Incorporated

55
Fundamentals63/ 100
Valuation46/ 100
Upside potential62/ 100
Risk potential19/ 100

DBD's outlook is improving, though it still trails on the overall score.

MSFT

Microsoft Corporation

76
Fundamentals75/ 100
Valuation69/ 100
Upside potential75/ 100
Risk potential10/ 100

MSFT has the edge over DBD overall, supported by stronger valuation and stronger modeled upside.

DBD Fundamentals

MetricStatus
Stable
Healthy
Stable
Stable

DBD's profitability is currently healthy, and its revenue, cash flow and balance sheet are stable.

MSFT Fundamentals

MetricStatus
Healthy
Strong
Healthy
Strong

MSFT's revenue, profitability, cash flow and balance sheet are all currently healthy.

DBD PE Valuation

CHEAPFAIREXPENSIVE14x27x41x55x
CHEAPFAIREXPENSIVE14x27x41x55x
LevelPEPriceVs current
Cheap0.7x$1.54-97%
Forward9.8x$54.75—
Fair22x$44.94-18%
Current26x$54.75—
Expensive32x$67.83+24%

Historical ranges are pointers, not guarantees.

DBD's PE is in its fair range at 26x. If earnings grow as analysts expect, today's price would be 9.8x next year's earnings.

MSFT PE Valuation

CHEAPFAIREXPENSIVE11x21x32x42x
CHEAPFAIREXPENSIVE11x21x32x42x
LevelPEPriceVs current
Forward25x$523—
Cheap27x$525+0.4%
Current27x$523—
Fair34x$652+25%
Expensive37x$711+36%

Historical ranges are pointers, not guarantees.

MSFT has the edge over DBD in the historical PE scenario, which offers more potential upside but is not a forecast.

DBD Forward outlook

MetricOutlook
Strongly improving
Strong growth
Stable
Improving
Limited
High

Analysts expect DBD's earnings to grow and its profitability to improve, with its revenue holding steady.

MSFT Forward outlook

MetricOutlook
Improving
Strong growth
Strong growth
Stable
Moderate
High

Analysts expect strong earnings and revenue growth for MSFT, with profitability holding steady.

DBD Risk to reward

ScenarioChangePrice
Upside+31%$71.96
Downside-19%$44.10

Calculated from the latest close: $54.75 on Nov 12.

DBD trails MSFT on modeled risk to reward, with less potential upside relative to its potential downside.

MSFT Risk to reward

ScenarioChangePrice
Upside+28%$671.86
Downside-10%$472.97

Calculated from the latest close: $523.00 on Nov 12.

MSFT has a better modeled risk to reward balance than DBD, with more potential upside relative to its potential downside.

DBD Earnings Per Share

Q4 2023: $47.16Q1 2024: $48.17Q2 2024: $57.03Q3 2024: $0.00Q4 2024: $-0.44Q1 2025: $-0.27Q2 2025: $-0.34Q3 2025: $1.37Q4 2025: $2.54Q1 2026: $2.90Q2 2026: $3.01Q3 2026: $2.09Forward: $5.56
Q4 2023: $47.16Q1 2024: $48.17Q2 2024: $57.03Q3 2024: $0.00Q4 2024: $-0.44Q1 2025: $-0.27Q2 2025: $-0.34Q3 2025: $1.37Q4 2025: $2.54Q1 2026: $2.90Q2 2026: $3.01Q3 2026: $2.09Forward: $5.56
QuarterTTM EPSYoY
Forward$5.56+166%
Q3 2026$2.09+53%
Q2 2026$3.01+$3.35
Q1 2026$2.90+$3.17
Q4 2025$2.54+$2.98
Q3 2025$1.37+$1.37
Q2 2025-$0.34-101%
Q1 2025-$0.27-101%
Q4 2024-$0.44-101%

DBD's earnings per share have fallen from their peak: $2.09 over the past year, against $57.03 in mid-2024.

MSFT Earnings Per Share

Q4 2023: $11.05Q1 2024: $11.54Q2 2024: $11.80Q3 2024: $12.11Q4 2024: $12.41Q1 2025: $12.93Q2 2025: $13.64Q3 2025: $14.06Q4 2025: $15.99Q1 2026: $16.80Q2 2026: $17.95Q3 2026: $19.15Forward: $20.79
Q4 2023: $11.05Q1 2024: $11.54Q2 2024: $11.80Q3 2024: $12.11Q4 2024: $12.41Q1 2025: $12.93Q2 2025: $13.64Q3 2025: $14.06Q4 2025: $15.99Q1 2026: $16.80Q2 2026: $17.95Q3 2026: $19.15Forward: $20.79
QuarterTTM EPSYoY
Forward$20.79+8.6%
Q3 2026$19.15+36%
Q2 2026$17.95+32%
Q1 2026$16.80+30%
Q4 2025$15.99+29%
Q3 2025$14.06+16%
Q2 2025$13.64+16%
Q1 2025$12.93+12%
Q4 2024$12.41+12%

MSFT has the edge over DBD on earnings, with more consistent year-over-year improvement.

DBD Quarterly Revenue

Q4 2023: $1BQ1 2024: $895MQ2 2024: $940MQ3 2024: $927MQ4 2024: $989MQ1 2025: $841MQ2 2025: $915MQ3 2025: $945MQ4 2025: $1.1BQ1 2026: $892MQ2 2026: $931MQ3 2026: $994M
Q4 2023: $1BQ1 2024: $895MQ2 2024: $940MQ3 2024: $927MQ4 2024: $989MQ1 2025: $841MQ2 2025: $915MQ3 2025: $945MQ4 2025: $1.1BQ1 2026: $892MQ2 2026: $931MQ3 2026: $994M
QuarterRevenueYoY
Q3 2026$994.3M+5.2%
Q2 2026$930.8M+1.7%
Q1 2026$891.8M+6%
Q4 2025$1.1B+12%
Q3 2025$945.2M+2%
Q2 2025$915.2M-2.6%
Q1 2025$841.1M-6.1%
Q4 2024$988.9M-4.6%

DBD's revenue has grown year over year for five quarters in a row: $994M last quarter, up 5.2% from the same quarter a year ago.

MSFT Quarterly Revenue

Q4 2023: $62BQ1 2024: $61.9BQ2 2024: $64.7BQ3 2024: $65.6BQ4 2024: $69.6BQ1 2025: $70.1BQ2 2025: $76.4BQ3 2025: $77.7BQ4 2025: $81.3BQ1 2026: $82.9BQ2 2026: $90BQ3 2026: $92.3B
Q4 2023: $62BQ1 2024: $61.9BQ2 2024: $64.7BQ3 2024: $65.6BQ4 2024: $69.6BQ1 2025: $70.1BQ2 2025: $76.4BQ3 2025: $77.7BQ4 2025: $81.3BQ1 2026: $82.9BQ2 2026: $90BQ3 2026: $92.3B
QuarterRevenueYoY
Q3 2026$92.3B+19%
Q2 2026$90B+18%
Q1 2026$82.9B+18%
Q4 2025$81.3B+17%
Q3 2025$77.7B+18%
Q2 2025$76.4B+18%
Q1 2025$70.1B+13%
Q4 2024$69.6B+12%

MSFT has the edge over DBD on sales, with more consistent year-over-year improvement.

DBD Free Cash Flow

Q4 2023: $156MQ1 2024: −$24MQ2 2024: −$8MQ3 2024: −$16MQ4 2024: $196MQ1 2025: $16MQ2 2025: $30MQ3 2025: $37MQ4 2025: $218MQ1 2026: $32MQ2 2026: −$14MQ3 2026: −$47M
Q4 2023: $156MQ1 2024: −$24MQ2 2024: −$8MQ3 2024: −$16MQ4 2024: $196MQ1 2025: $16MQ2 2025: $30MQ3 2025: $37MQ4 2025: $218MQ1 2026: $32MQ2 2026: −$14MQ3 2026: −$47M
QuarterFree cash flowYoY
Q3 2026-$47.4M-227%
Q2 2026-$13.6M-145%
Q1 2026$31.7M+102%
Q4 2025$217.5M+11%
Q3 2025$37.4M+$52.9M
Q2 2025$30.1M+$38.1M
Q1 2025$15.7M+$39.2M
Q4 2024$196.2M+26%

DBD has the edge over MSFT on cash flow, with more consistent year-over-year improvement.

MSFT Free Cash Flow

Q4 2023: $9.1BQ1 2024: $21BQ2 2024: $23.3BQ3 2024: $19.3BQ4 2024: $6.5BQ1 2025: $20.3BQ2 2025: $25.6BQ3 2025: $25.7BQ4 2025: $5.9BQ1 2026: $15.8BQ2 2026: $19.6BQ3 2026: $18.6B
Q4 2023: $9.1BQ1 2024: $21BQ2 2024: $23.3BQ3 2024: $19.3BQ4 2024: $6.5BQ1 2025: $20.3BQ2 2025: $25.6BQ3 2025: $25.7BQ4 2025: $5.9BQ1 2026: $15.8BQ2 2026: $19.6BQ3 2026: $18.6B
QuarterFree cash flowYoY
Q3 2026$18.6B-27%
Q2 2026$19.6B-23%
Q1 2026$15.8B-22%
Q4 2025$5.9B-9.3%
Q3 2025$25.7B+33%
Q2 2025$25.6B+9.6%
Q1 2025$20.3B-3.2%
Q4 2024$6.5B-29%

MSFT's free cash flow has been positive every quarter for seven years: $60B over the past year, down 23% from the year before.

DBD Total Shares

Q4 2023: 38MQ1 2024: 38MQ2 2024: 38MQ3 2024: 38MQ4 2024: 38MQ1 2025: 38MQ2 2025: 38MQ3 2025: 37MQ4 2025: 37MQ1 2026: 36MQ2 2026: 35MQ3 2026: 35M
Q4 2023: 38MQ1 2024: 38MQ2 2024: 38MQ3 2024: 38MQ4 2024: 38MQ1 2025: 38MQ2 2025: 38MQ3 2025: 37MQ4 2025: 37MQ1 2026: 36MQ2 2026: 35MQ3 2026: 35M
PeriodChange %Net change
Quarterly-2%-700K shares
1 year-6.5%-2.4M shares
3 years-7.9%-3M shares
5 years-56%-43.7M shares
Available history-55%-42.2M shares

DBD has the edge over MSFT on shareholder dilution, with a more favorable share count trend.

MSFT Total Shares

Q4 2023: 7.5BQ1 2024: 7.5BQ2 2024: 7.5BQ3 2024: 7.5BQ4 2024: 7.5BQ1 2025: 7.5BQ2 2025: 7.5BQ3 2025: 7.5BQ4 2025: 7.5BQ1 2026: 7.4BQ2 2026: 7.5BQ3 2026: 7.4B
Q4 2023: 7.5BQ1 2024: 7.5BQ2 2024: 7.5BQ3 2024: 7.5BQ4 2024: 7.5BQ1 2025: 7.5BQ2 2025: 7.5BQ3 2025: 7.5BQ4 2025: 7.5BQ1 2026: 7.4BQ2 2026: 7.5BQ3 2026: 7.4B
PeriodChange %Net change
Quarterly-0.1%-7M shares
1 year-0.3%-20M shares
3 years-0.2%-16M shares
5 years-1.6%-121M shares
Available history-3.2%-245M shares

MSFT has 7.4B diluted shares, about the same as a year ago.

DBD Net Leverage

Q4 2023: 3.8xQ1 2024: 3.5xQ2 2024: 2.7xQ3 2024: 3.1xQ4 2024: 2.8xQ1 2025: 2.7xQ2 2025: 2.5xQ3 2025: 2.2xQ4 2025: 1.5xQ1 2026: 1.5xQ2 2026: 1.8xQ3 2026: 2.3x
Q4 2023: 3.8xQ1 2024: 3.5xQ2 2024: 2.7xQ3 2024: 3.1xQ4 2024: 2.8xQ1 2025: 2.7xQ2 2025: 2.5xQ3 2025: 2.2xQ4 2025: 1.5xQ1 2026: 1.5xQ2 2026: 1.8xQ3 2026: 2.3x
QuarterNet LeverageStatus
Q3 20262.3xModerate
Q2 20261.8xHealthy
Q1 20261.5xHealthy
Q4 20251.5xHealthy
Q3 20252.2xModerate
Q2 20252.5xModerate
Q1 20252.7xModerate
Q4 20242.8xModerate

DBD's net debt is about 2.3 years of its operating earnings (EBITDA), about the same as a year ago.

MSFT Net Leverage

Q2 2026: 0.1xQ3 2026: 0.1x
Q2 2026: 0.1xQ3 2026: 0.1x
QuarterNet LeverageStatus
Q3 20260.1xVery low
Q2 20260.1xVery low

MSFT has the edge over DBD on leverage, with a lower net debt burden relative to earnings.

DBD Weekly Momentum

MetricValueStatus
RSI34.8Neutral
Stochastic11.4Oversold

DBD's weekly RSI is 35 (neutral) and its Stochastic is 11 (oversold).

MSFT Weekly Momentum

MetricValueStatus
RSI62.1Neutral
Stochastic68.0Neutral

MSFT's weekly RSI is 62 (neutral) and its Stochastic is 68 (neutral).

DBD PE vs Technology Sector

MetricDBDSector medianRelative
PE26x28x6% below
PE %612536 pts above

DBD has the edge over MSFT on valuation relative to its sector.

MSFT PE vs Technology Sector

MetricMSFTSector medianRelative
PE27x28x2% below
PE %163519 pts below

MSFT is trading at 27x earnings, in line with the Technology sector's median of 28x.

DBD Weekly Moving Averages

Moving averageMA priceRelative
8 week MA$61.811% below
20 week MA$69.721% below
50 week MA$73.325% below
100 week MA$62.412% below

MSFT has stronger trend alignment. DBD is above 0 of 4 weekly averages versus MSFT above 4 of 5.

MSFT Weekly Moving Averages

Moving averageMA priceRelative
8 week MA$524.70.3% below
20 week MA$484.87.9% above
50 week MA$446.917% above
100 week MA$453.815% above
200 week MA$411.527% above

MSFT's trend is up, with a small recent dip: it's below only its 8-week average, and 27% above its 200-week average.

DBD Yearly ROI

YearStart priceEnd priceROI
2023$20.1$29.0+44%
2024$29.0$42.9+48%
2025$42.9$69.3+61%
2026 YTD$69.3$54.8-21%

DBD has finished every year since 2023 higher, and it's down 21% so far in 2026.

MSFT Yearly ROI

YearStart priceEnd priceROI
2020$159.0$222.8+40%
2021$222.8$334.7+50%
2022$334.7$238.7-29%
2023$238.7$376.0+58%
2024$376.0$430.5+14%
2025$430.5$487.7+13%
2026 YTD$487.7$523.0+7.2%

MSFT has the edge over DBD on returns for 2026, with the stronger performance.

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