Synnex (Thailand) (SET:SYNEX) - Stock Price, News & Analysis

SYNEX Stock Overview

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

SYNEX fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	2/6
Past Performance	5/6
Financial Health	3/6
Dividends	2/6

Rewards

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

Synnex (Thailand) Public Company Limited Competitors

SiS Distribution (Thailand)

SET:SIS

฿9.5b

Jaymart Group Holdings

SET:JMART

฿19.9b

Ditto (Thailand)

SET:DITTO

฿11.2b

Interlink Communication

SET:ILINK

฿3.2b

Price History & Performance

Summary of all time highs, changes and price drops for Synnex (Thailand)
Historical stock prices
Current Share Price	฿16.10
52 Week High	฿16.30
52 Week Low	฿9.55
Beta	1.61
11 Month Change	2.55%
3 Month Change	11.03%
1 Year Change	61.81%
33 Year Change	-44.48%
5 Year Change	131.65%
Change since IPO	576.42%

Recent updates

Shareholder Returns

	SYNEX	TH Electronic	TH Market
7D	5.9%	7.1%	0.8%
1Y	61.8%	90.5%	3.1%

Return vs Industry: SYNEX underperformed the TH Electronic industry which returned 90.5% over the past year.

Return vs Market: SYNEX exceeded the TH Market which returned 3.1% over the past year.

Price Volatility

Is SYNEX's price volatile compared to industry and market?
SYNEX volatility
SYNEX Average Weekly Movement	4.7%
Electronic Industry Average Movement	6.7%
Market Average Movement	4.8%
10% most volatile stocks in TH Market	10.3%
10% least volatile stocks in TH Market	2.4%

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

Volatility Over Time: SYNEX'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 fundamental statistics
Market cap	฿13.30b
Earnings (TTM)	฿628.76m
Revenue (TTM)	฿39.85b

21.7x

P/E Ratio

0.3x

P/S Ratio

Is SYNEX overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SYNEX 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 perform over the long term?

See historical performance and comparison

Dividends

2.2%

Current Dividend Yield

48%

Payout Ratio

SYNEX Stock Overview

Rewards

Risk Analysis

Synnex (Thailand) Public Company Limited Competitors

SET:SIS

฿9.5b

SET:JMART

฿19.9b

SET:DITTO

฿11.2b

SET:ILINK

฿3.2b

Price History & Performance

Recent News & Updates

Third quarter 2024 earnings released: EPS: ฿0.20 (vs ฿0.17 in 3Q 2023)

Synnex (Thailand) Public Company Limited Announces Changing of Chief Accountant

Synnex (Thailand) Public Company Limited Declares Interim Dividend for the Period from January 1, 2024 to June 30, 2024, Payable on 10 September 2024

Second quarter 2024 earnings: EPS and revenues exceed analyst expectations

Price target increased by 9.1% to ฿14.40

Investor sentiment improves as stock rises 18%

Recent updates

Third quarter 2024 earnings released: EPS: ฿0.20 (vs ฿0.17 in 3Q 2023)

Synnex (Thailand) Public Company Limited Announces Changing of Chief Accountant

Synnex (Thailand) Public Company Limited Declares Interim Dividend for the Period from January 1, 2024 to June 30, 2024, Payable on 10 September 2024

Second quarter 2024 earnings: EPS and revenues exceed analyst expectations

Price target increased by 9.1% to ฿14.40

Investor sentiment improves as stock rises 18%

Synnex (Thailand) Public Company Limited Announces Chief Financial Officer Changes

New minor risk - Share price stability

First quarter 2024 earnings released: EPS: ฿0.18 (vs ฿0.16 in 1Q 2023)

Price target increased by 12% to ฿12.40

Upcoming dividend of ฿0.26 per share

Final dividend reduced to ฿0.26

Full year 2023 earnings: Revenues and EPS in line with analyst expectations

Synnex (Thailand) Public Company Limited, Annual General Meeting, Apr 23, 2024

Price target decreased by 16% to ฿11.07

Third quarter 2023 earnings: EPS and revenues exceed analyst expectations

New minor risk - Share price stability

Price target increased by 13% to ฿14.60

Upcoming dividend of ฿0.10 per share at 6.1% yield

Price target decreased by 7.2% to ฿12.97

New major risk - Dividend sustainability

Second quarter 2023 earnings: EPS and revenues miss analyst expectations

Synnex (Thailand) Public Company Limited Declares Interim Dividend for the Period from January 1, 2023 to June 30, 2023, Payable on 06 September 2023

Price target decreased by 14% to ฿14.60

Upcoming dividend of ฿0.52 per share at 4.4% yield

Less than half of directors are independent

Now 21% undervalued after recent price drop

Upcoming dividend of ฿0.18 per share

Second quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat

SYNEX Announces Interim Cash Dividend Payment for the Operating Period from January 1, 2022 to June 30, 2022, Payable on September 5, 2022

Now 21% undervalued after recent price drop

Now 20% undervalued after recent price drop

Now 20% undervalued after recent price drop

Price target decreased to ฿28.08

First quarter 2022 earnings: EPS and revenues exceed analyst expectations

Synnex (Thailand) Public Company Limited Announces Board Changes

Price target increased to ฿31.57

Less than half of directors are independent

Upcoming dividend of ฿0.52 per share

Price target increased to ฿30.85

Full year 2021 earnings: EPS and revenues exceed analyst expectations

Synnex (Thailand) Public Company Limited Proposes Dividend, Payable on May 5, 2022

Third quarter 2021 earnings released: EPS ฿0.23 (vs ฿0.20 in 3Q 2020)

Upcoming dividend of ฿0.18 per share

Second quarter 2021 earnings released: EPS ฿0.25 (vs ฿0.20 in 2Q 2020)

First quarter 2021 earnings released: EPS ฿0.22 (vs ฿0.15 in 1Q 2020)

Independent Director has left the company

New 90-day high: ฿25.75

Investor sentiment improved over the past week

Price target raised to ฿20.00

Synnex (Thailand) Public Company Limited, Annual General Meeting, Apr 22, 2021

Full year 2020 earnings released: EPS ฿0.76 (vs ฿0.64 in FY 2019)

Price target raised to ฿19.28

Earnings beat expectations, revenue disappoints

New 90-day high: ฿17.80

New 90-day high: ฿16.30

Market bids up stock over the past week

Earnings beat expectations, revenue disappoints

Third quarter 2020 earnings released: EPS ฿0.20