TD SYNNEX provides business process services in the United States and internationally.
TD SYNNEX Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$105.00|
|52 Week High||US$75.50|
|52 Week Low||US$164.74|
|1 Month Change||-5.65%|
|3 Month Change||-10.34%|
|1 Year Change||-27.78%|
|3 Year Change||35.99%|
|5 Year Change||3.05%|
|Change since IPO||639.44%|
Recent News & Updates
|SNX||US Electronic||US Market|
Return vs Industry: SNX underperformed the US Electronic industry which returned 36% over the past year.
Return vs Market: SNX underperformed the US Market which returned 31.5% over the past year.
Stable Share Price: SNX is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: SNX's weekly volatility (4%) has been stable over the past year.
About the Company
TD SYNNEX provides business process services in the United States and internationally. The company distributes peripherals; and information technology systems, including system components, software, networking, communications and security equipment, consumer electronics, and complementary products, as well as designs and integrates data center equipment. It also provides systems design and integration solutions, build-to-order, and configure-to-order assembly capabilities; logistics services that comprise outsourced fulfillment, virtual distribution, and direct ship to end-users; cloud services; online services; and financing services comprising net terms, third party leasing, floor plan financing, and letters of credit backed financing and arrangements.
TD SYNNEX Fundamentals Summary
|SNX fundamental statistics|
Is SNX overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|SNX income statement (TTM)|
|Cost of Revenue||US$23.78b|
Last Reported Earnings
Aug 31, 2021
Next Earnings Date
|Earnings per share (EPS)||6.20|
|Net Profit Margin||2.22%|
How did SNX perform over the long term?See historical performance and comparison
0.8%Current Dividend Yield
Is TD SYNNEX undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: SNX ($105.49) is trading above our estimate of fair value ($5.47)
Significantly Below Fair Value: SNX is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: SNX is good value based on its PE Ratio (17x) compared to the US Electronic industry average (20.7x).
PE vs Market: SNX is good value based on its PE Ratio (17x) compared to the US market (18.3x).
Price to Earnings Growth Ratio
PEG Ratio: SNX is good value based on its PEG Ratio (0.4x)
Price to Book Ratio
PB vs Industry: SNX is overvalued based on its PB Ratio (4.3x) compared to the US Electronic industry average (2.7x).
How is TD SYNNEX forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SNX's forecast earnings growth (40.9% per year) is above the savings rate (2%).
Earnings vs Market: SNX's earnings (40.9% per year) are forecast to grow faster than the US market (15% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: SNX's revenue (40.3% per year) is forecast to grow faster than the US market (9.9% per year).
High Growth Revenue: SNX's revenue (40.3% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SNX's Return on Equity is forecast to be high in 3 years time (28%)
How has TD SYNNEX performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SNX has high quality earnings.
Growing Profit Margin: SNX's current net profit margins (2.2%) are higher than last year (1.8%).
Past Earnings Growth Analysis
Earnings Trend: SNX's earnings have grown by 19.6% per year over the past 5 years.
Accelerating Growth: SNX's earnings growth over the past year (58.6%) exceeds its 5-year average (19.6% per year).
Earnings vs Industry: SNX earnings growth over the past year (58.6%) exceeded the Electronic industry 44.3%.
Return on Equity
High ROE: Whilst SNX's Return on Equity (25.68%) is high, this metric is skewed due to their high level of debt.
How is TD SYNNEX's financial position?
Financial Position Analysis
Short Term Liabilities: SNX's short term assets ($9.6B) exceed its short term liabilities ($4.0B).
Long Term Liabilities: SNX's short term assets ($9.6B) exceed its long term liabilities ($4.2B).
Debt to Equity History and Analysis
Debt Level: SNX's debt to equity ratio (175.7%) is considered high.
Reducing Debt: SNX's debt to equity ratio has increased from 42.8% to 175.7% over the past 5 years.
Debt Coverage: SNX's debt is not well covered by operating cash flow (13%).
Interest Coverage: SNX's interest payments on its debt are well covered by EBIT (9.2x coverage).
What is TD SYNNEX current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SNX's dividend (0.76%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.28%).
High Dividend: SNX's dividend (0.76%) is low compared to the top 25% of dividend payers in the US market (3.48%).
Stability and Growth of Payments
Stable Dividend: SNX has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: SNX's dividend payments have increased, but the company has only paid a dividend for 7 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (5.2%), SNX's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of SNX's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Rich Hume (61 yo)
Mr. Richard T. Hume, also known as Rich, serves as Chief Executive Officer & Director of Tech Data Corp. since June 06, 2018. He serves as CEO, President & Director at TD SYNNEX since September 01, 2021. H...
Experienced Management: SNX's management team is considered experienced (2.7 years average tenure).
Experienced Board: SNX's board of directors are not considered experienced ( 0.1 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: SNX insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 86.3%.
TD SYNNEX's employee growth, exchange listings and data sources
- Name: TD SYNNEX
- Ticker: SNX
- Exchange: NYSE
- Founded: 1980
- Industry: Technology Distributors
- Sector: Tech
- Market Cap: US$10.128b
- Shares outstanding: 96.01m
- Website: https://www.tdsynnex.com
Number of Employees
- TD SYNNEX
- 44201 Nobel Drive
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/22 22:23|
|End of Day Share Price||2021/10/22 00:00|
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.