SYNEX-R Stock Overview

Distributes computers, information technology systems, and communication devices in Thailand. More details

SYNEX-R fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	2/6
Past Performance	5/6
Financial Health	3/6
Dividends	2/6

Rewards

Trading at 45.4% below our estimate of its fair value

Earnings are forecast to grow 14.16% per year

Earnings grew by 14% over the past year

Risk Analysis

Debt is not well covered by operating cash flow

My Notes

Capture your thoughts, links and company narrative

Synnex (Thailand) Public Company Limited Competitors

SiS Distribution (Thailand)

SET:SIS

฿10.0b

Jaymart Group Holdings

SET:JMART

฿18.6b

Ditto (Thailand)

SET:DITTO

฿10.3b

Interlink Communication

SET:ILINK

฿3.0b

Price History & Performance

Summary of share price highs, lows and changes for Synnex (Thailand)
Historical stock prices
Current Share Price	฿14.10
52 Week High	฿16.70
52 Week Low	฿9.70
Beta	1.63
1 Month Change	-13.50%
3 Month Change	-8.44%
1 Year Change	36.89%
3 Year Change	-57.91%
5 Year Change	86.76%
Change since IPO	295.66%

Recent updates

Shareholder Returns

	SYNEX-R	TH Electronic	TH Market
7D	-4.7%	-1.5%	-4.7%
1Y	36.9%	47.6%	-3.4%

Return vs Industry: SYNEX-R underperformed the TH Electronic industry which returned 47.6% over the past year.

Return vs Market: SYNEX-R exceeded the TH Market which returned -3.4% over the past year.

Price Volatility

Is SYNEX-R's price volatile compared to industry and market?
SYNEX-R volatility
SYNEX-R Average Weekly Movement	4.8%
Electronic Industry Average Movement	6.7%
Market Average Movement	4.3%
10% most volatile stocks in TH Market	8.9%
10% least volatile stocks in TH Market	2.1%

Stable Share Price: SYNEX-R has not had significant price volatility in the past 3 months compared to the TH market.

Volatility Over Time: SYNEX-R's weekly volatility (5%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1988	n/a	Sutida Mongkolsuthree	www.synnex.co.th

Synnex (Thailand) Public Company Limited distributes computers, information technology systems, and communication devices in Thailand. It also provides retail and service for an online platform, and other related services. In addition, the company offers repair and maintenance services for computer system; and training services, as well as sells computer accessories.

Synnex (Thailand) Public Company Limited Fundamentals Summary

How do Synnex (Thailand)'s earnings and revenue compare to its market cap?
SYNEX-R fundamental statistics
Market cap	฿11.95b
Earnings (TTM)	฿628.76m
Revenue (TTM)	฿39.85b

19.0x

P/E Ratio

0.3x

P/S Ratio

Is SYNEX-R overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SYNEX-R income statement (TTM)
Revenue	฿39.85b
Cost of Revenue	฿38.22b
Gross Profit	฿1.63b
Other Expenses	฿1.00b
Earnings	฿628.76m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.74
Gross Margin	4.09%
Net Profit Margin	1.58%
Debt/Equity Ratio	148.1%

How did SYNEX-R perform over the long term?

See historical performance and comparison

Dividends

2.6%

Current Dividend Yield

48%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/22 02:42
End of Day Share Price	2024/12/20 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Synnex (Thailand) Public Company Limited is covered by 8 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Jitra Amornthum	BNP Paribas Securities (Asia)
Thada Jiracharoenying	FSS International Advisory
Jitra Amornthum	FSS International Advisory