TD SYNNEX Corporation

NYSE:SNX Stock Report

Market Cap: US$11.5b

TD SYNNEX Valuation

Is SNX undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of SNX when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
US$255.20
Fair Value
46.3% undervalued intrinsic discount
11
Number of Analysts

Below Fair Value: SNX ($137.1) is trading below our estimate of fair value ($255.2)

Significantly Below Fair Value: SNX is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for SNX?

Key metric: As SNX is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for SNX. This is calculated by dividing SNX's market cap by their current earnings.
What is SNX's PE Ratio?
PE Ratio16.7x
EarningsUS$689.09m
Market CapUS$11.48b

Price to Earnings Ratio vs Peers

How does SNX's PE Ratio compare to its peers?

The above table shows the PE ratio for SNX vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average16.5x
ARW Arrow Electronics
12.6x8.7%US$6.1b
CDW CDW
22.7x8.4%US$25.2b
AVT Avnet
13.4x23.3%US$4.7b
NSIT Insight Enterprises
17.4x12.4%US$5.3b
SNX TD SYNNEX
16.7x17.3%US$11.5b

Price-To-Earnings vs Peers: SNX is expensive based on its Price-To-Earnings Ratio (16.7x) compared to the peer average (16.5x).

Price to Earnings Ratio vs Industry

How does SNX's PE Ratio compare vs other companies in the US Electronic Industry?

5 CompaniesPrice / EarningsEstimated GrowthMarket Cap
SHMD SCHMID Group
2.8xn/aUS$106.15m
DSWL Deswell Industries
3.6xn/aUS$37.61m
SGE Strong Global Entertainment
3.8xn/aUS$12.27m
SMX SMX (Security Matters)
1.2xn/aUS$1.62m
SNX 16.7xIndustry Avg. 25.9xNo. of Companies11PE01632486480+
5 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: SNX is good value based on its Price-To-Earnings Ratio (16.7x) compared to the US Electronic industry average (25.9x).

Price to Earnings Ratio vs Fair Ratio

What is SNX's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

SNX PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio16.7x
Fair PE Ratio26.7x

Price-To-Earnings vs Fair Ratio: SNX is good value based on its Price-To-Earnings Ratio (16.7x) compared to the estimated Fair Price-To-Earnings Ratio (26.7x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst SNX forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$137.10
US$146.54
+6.9%
3.7%US$154.00US$136.93n/a11
Jan ’26US$117.28
US$138.16
+17.8%
4.4%US$150.00US$130.00n/a12
Dec ’25US$118.99
US$138.41
+16.3%
4.5%US$150.00US$130.00n/a12
Nov ’25US$115.50
US$138.41
+19.8%
4.5%US$150.00US$130.00n/a12
Oct ’25US$116.55
US$138.41
+18.8%
4.5%US$150.00US$130.00n/a12
Sep ’25US$121.42
US$136.74
+12.6%
5.5%US$150.00US$123.00n/a12
Aug ’25US$117.16
US$136.74
+16.7%
5.5%US$150.00US$123.00n/a12
Jul ’25US$113.99
US$136.27
+19.5%
5.7%US$150.00US$123.00n/a11
Jun ’25US$130.84
US$131.25
+0.3%
8.2%US$150.00US$115.00n/a12
May ’25US$115.20
US$131.25
+13.9%
8.2%US$150.00US$115.00n/a12
Apr ’25US$112.74
US$124.82
+10.7%
6.6%US$140.00US$115.00n/a11
Mar ’25US$105.34
US$117.50
+11.5%
5.3%US$130.00US$107.00n/a12
Feb ’25US$100.98
US$117.50
+16.4%
5.3%US$130.00US$107.00n/a12
Jan ’25US$107.61
US$112.92
+4.9%
7.1%US$122.00US$97.00US$117.2812
Dec ’24US$98.72
US$112.73
+14.2%
7.4%US$122.00US$97.00US$118.9911
Nov ’24US$93.00
US$113.50
+22.0%
7.4%US$122.00US$97.00US$115.5010
Oct ’24US$99.86
US$113.50
+13.7%
7.4%US$122.00US$97.00US$116.5510
Sep ’24US$102.91
US$109.55
+6.4%
9.8%US$122.00US$90.00US$121.4211
Aug ’24US$98.58
US$109.55
+11.1%
9.8%US$122.00US$90.00US$117.1611
Jul ’24US$94.00
US$111.45
+18.6%
14.0%US$150.00US$90.00US$113.9911
Jun ’24US$89.32
US$116.36
+30.3%
11.7%US$150.00US$101.00US$130.8411
May ’24US$89.57
US$116.36
+29.9%
11.7%US$150.00US$101.00US$115.2011
Apr ’24US$96.79
US$121.44
+25.5%
10.7%US$150.00US$106.00US$112.749
Mar ’24US$96.84
US$127.64
+31.8%
11.3%US$150.00US$109.00US$105.3411
Feb ’24US$104.16
US$129.50
+24.3%
10.7%US$150.00US$109.00US$100.9810
Jan ’24US$94.71
US$120.44
+27.2%
15.1%US$150.00US$95.00US$107.619
Analyst Price Target
Consensus Narrative from 11 Analysts
US$146.54
Fair Value
6.4% undervalued intrinsic discount
11
Number of Analysts

Analyst Forecast: Target price is less than 20% higher than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/20 05:31
End of Day Share Price 2025/01/17 00:00
Earnings2024/11/30
Annual Earnings2024/11/30

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

TD SYNNEX Corporation is covered by 27 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Timothy LongBarclays
George WangBarclays
Vincent ColicchioBarrington Research Associates, Inc.