Narrative Update • Jun 26

Over the last 7 days, the Technology Distributors industry has dropped 2.8%, driven by a pullback from TD SYNNEX of 6.0%. On the other hand CDW is actually up 7.9%. In the past year, the industry has gained 23%. Looking forward, earnings are forecast to grow by 19% annually.
Has the U.S. Technology Distributors Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 30 Jun 2026 | US$72.4b | US$223.9b | US$4.0b | 17.7x | 18.2x | 0.3x |
| Thu, 28 May 2026 | US$67.4b | US$219.2b | US$3.9b | 17.3x | 17.4x | 0.3x |
| Sat, 25 Apr 2026 | US$66.6b | US$212.4b | US$3.6b | 16.7x | 18.3x | 0.3x |
| Mon, 23 Mar 2026 | US$52.0b | US$209.8b | US$3.5b | 14.2x | 14.8x | 0.2x |
| Wed, 18 Feb 2026 | US$56.6b | US$208.2b | US$3.5b | 16x | 16.3x | 0.3x |
| Fri, 16 Jan 2026 | US$52.7b | US$205.7b | US$3.4b | 17.3x | 15.7x | 0.3x |
| Sun, 14 Dec 2025 | US$55.4b | US$204.1b | US$3.3b | 17.9x | 16.8x | 0.3x |
| Tue, 11 Nov 2025 | US$54.4b | US$204.1b | US$3.3b | 17.5x | 16.5x | 0.3x |
| Thu, 09 Oct 2025 | US$57.7b | US$201.8b | US$3.3b | 17.6x | 17.6x | 0.3x |
| Sat, 06 Sep 2025 | US$59.6b | US$200.8b | US$3.2b | 17.5x | 18.4x | 0.3x |
| Mon, 04 Aug 2025 | US$57.7b | US$198.8b | US$3.3b | 16.4x | 17.3x | 0.3x |
| Wed, 02 Jul 2025 | US$60.1b | US$198.1b | US$3.3b | 17.4x | 18.2x | 0.3x |
| Fri, 30 May 2025 | US$59.2b | US$197.1b | US$3.3b | 16.7x | 18.2x | 0.3x |
| Sun, 27 Apr 2025 | US$54.1b | US$196.5b | US$3.3b | 14.7x | 16.5x | 0.3x |
| Tue, 25 Mar 2025 | US$57.5b | US$195.9b | US$3.3b | 16.3x | 17.5x | 0.3x |
| Thu, 20 Feb 2025 | US$64.1b | US$195.5b | US$3.3b | 18.9x | 19.2x | 0.3x |
| Sat, 18 Jan 2025 | US$64.2b | US$196.8b | US$3.6b | 18.5x | 18x | 0.3x |
| Mon, 16 Dec 2024 | US$61.4b | US$195.3b | US$3.6b | 16.6x | 17.3x | 0.3x |
| Wed, 13 Nov 2024 | US$65.9b | US$195.5b | US$3.6b | 16.9x | 18.5x | 0.3x |
| Fri, 11 Oct 2024 | US$66.4b | US$149.9b | US$3.5b | 21.6x | 19.1x | 0.4x |
| Sun, 08 Sep 2024 | US$61.6b | US$149.2b | US$3.4b | 20.9x | 17.9x | 0.4x |
| Tue, 06 Aug 2024 | US$60.9b | US$150.4b | US$3.5b | 19.2x | 17.3x | 0.4x |
| Thu, 04 Jul 2024 | US$61.9b | US$152.4b | US$3.6b | 20.4x | 17.1x | 0.4x |
| Sat, 01 Jun 2024 | US$65.0b | US$152.5b | US$3.6b | 17.8x | 18x | 0.4x |
| Mon, 29 Apr 2024 | US$65.6b | US$155.6b | US$3.9b | 16.4x | 16.7x | 0.4x |
| Wed, 27 Mar 2024 | US$66.1b | US$155.6b | US$3.9b | 15.7x | 16.8x | 0.4x |
| Fri, 23 Feb 2024 | US$63.2b | US$156.7b | US$3.9b | 12.8x | 16.1x | 0.4x |
| Sun, 21 Jan 2024 | US$61.6b | US$159.9b | US$4.2b | 14.4x | 14.8x | 0.4x |
| Tue, 19 Dec 2023 | US$62.3b | US$161.7b | US$4.2b | 12.2x | 14.8x | 0.4x |
| Thu, 16 Nov 2023 | US$58.9b | US$161.7b | US$4.2b | 11.1x | 14x | 0.4x |
| Sat, 14 Oct 2023 | US$57.4b | US$164.4b | US$4.3b | 11.9x | 13.3x | 0.3x |
| Mon, 11 Sep 2023 | US$59.4b | US$165.8b | US$4.3b | 11.1x | 13.7x | 0.4x |
| Wed, 09 Aug 2023 | US$57.8b | US$165.6b | US$4.4b | 12.7x | 13.1x | 0.3x |
| Fri, 07 Jul 2023 | US$54.9b | US$167.5b | US$4.6b | 12.5x | 12x | 0.3x |
12x
How does U.S. Technology Distributors compare with similar industries?
| US Market | 0.31% | |
| Tech | -1.87% | |
| Electronic Equipment and Components | 1.29% | |
| Technology Distributors | -0.14% | |
| Electronic Components | 5.56% | |
| Electronic Equipment and Instruments | -2.50% | |
| Electronic Manufacturing Services | -3.99% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| CDW CDW | US$139.82 | 13.2% +US$2.1b | -21.7% | PE16.6x | |
| NSIT Insight Enterprises | US$120.41 | 13.5% +US$432.5m | -12.8% | PE20.2x | |
| CNXN PC Connection | US$72.28 | 2.7% +US$47.7m | 8.6% | PE20.8x | |
| SCSC ScanSource | US$51.28 | 4.0% +US$39.6m | 22.7% | PE14.2x | |
| PLUS ePlus | US$80.49 | 1.7% +US$35.7m | 11.6% | PE16.8x |