CDW Stock Value Analysis Price: $ 169.

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CDW Corporation is a technology company that is a multi-brand provider of information technology (IT) solutions to small, medium and large business,
government, education and healthcare customers in the United States, the United Kingdom and Canada. The Company’s array of offerings ranges from
discrete hardware and software products to integrated IT solutions and services that include on-premises and cloud capabilities across hybrid infrastructure,
digital experience and security. The Company's business segments include Corporate, Small Business, and Public. The Company’s Corporate segment
primarily serves the United States private sector business customers. The Small Business segment primarily serves the United States private sector
business customers. The Public segment comprises government agencies, education, and healthcare institutions in the United States. The Company's
solutions are delivered in physical, virtual and cloud-based environments.

Sharpe Annual Annual

IRR (TIR) CAGR IR Yield P (Event)
Ratio Return Volatility
54.43% 24.84% 4.11 0.74 1.40% 26.95% 28.68% 50%
Intricsic Discount 10% 20% Price
Valuation %* Upside
Value Value Discount Discount Target
$ 196.95 Undervalue 16% $ 136.02 $ 122.42 $ 108.82 $ 196.45 9.50%
* Negative value = % of overvalue in the stock
Discount value = Value + Safety factor
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