SNX Stock Overview
TD SYNNEX Corporation provides business process services in the United States and internationally.
TD SYNNEX Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$96.07|
|52 Week High||US$130.93|
|52 Week Low||US$93.49|
|1 Month Change||-8.11%|
|3 Month Change||-8.15%|
|1 Year Change||-21.77%|
|3 Year Change||1.72%|
|5 Year Change||-13.36%|
|Change since IPO||576.55%|
Recent News & Updates
Is TD SYNNEX Corporation (NYSE:SNX) Trading At A 47% Discount?
In this article we are going to estimate the intrinsic value of TD SYNNEX Corporation ( NYSE:SNX ) by taking the...
|SNX||US Electronic||US Market|
Return vs Industry: SNX underperformed the US Electronic industry which returned -15.2% over the past year.
Return vs Market: SNX underperformed the US Market which returned -12.7% over the past year.
|SNX Average Weekly Movement||4.9%|
|Electronic Industry Average Movement||7.7%|
|Market Average Movement||7.9%|
|10% most volatile stocks in US Market||16.9%|
|10% least volatile stocks in US Market||3.0%|
Stable Share Price: SNX is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: SNX's weekly volatility (5%) has been stable over the past year.
About the Company
TD SYNNEX Corporation provides business process services in the United States and internationally. The company distributes PC systems, mobile phones and accessories, printers, peripherals, supplies, endpoint technology software, consumer electronics, information technology (“IT”) systems including data center server and storage solutions, system components, software, networking, communications and security equipment, consumer electronics, and complementary products. 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$39.59b|
Last Reported Earnings
Feb 28, 2022
Next Earnings Date
|Earnings per share (EPS)||4.53|
|Net Profit Margin||1.03%|
How did SNX perform over the long term?See historical performance and comparison
1.2%Current Dividend Yield
Is TD SYNNEX undervalued compared to its fair value and its price relative to the market?
Valuation Score 4/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PB vs Industry
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: SNX ($96.07) is trading below our estimate of fair value ($195.95)
Significantly Below Fair Value: SNX is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: SNX is poor value based on its PE Ratio (21.2x) compared to the US Electronic industry average (16.2x).
PE vs Market: SNX is poor value based on its PE Ratio (21.2x) compared to the US market (15.5x).
Price to Earnings Growth Ratio
PEG Ratio: SNX is good value based on its PEG Ratio (0.5x)
Price to Book Ratio
PB vs Industry: SNX is good value based on its PB Ratio (1.2x) compared to the US Electronic industry average (1.9x).
How is TD SYNNEX forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?
Future Growth Score4/6
Future Growth Score 4/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SNX's forecast earnings growth (41.4% per year) is above the savings rate (1.9%).
Earnings vs Market: SNX's earnings (41.4% per year) are forecast to grow faster than the US market (12.5% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: SNX's revenue (8.8% per year) is forecast to grow faster than the US market (7.8% per year).
High Growth Revenue: SNX's revenue (8.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SNX's Return on Equity is forecast to be low in 3 years time (12.9%).
How has TD SYNNEX performed over the past 5 years?
Past Performance Score2/6
Past Performance Score 2/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SNX has a large one-off loss of $205.5M impacting its February 28 2022 financial results.
Growing Profit Margin: SNX's current net profit margins (1%) are lower than last year (1.7%).
Past Earnings Growth Analysis
Earnings Trend: SNX's earnings have grown by 12.8% per year over the past 5 years.
Accelerating Growth: SNX's earnings growth over the past year (25%) exceeds its 5-year average (12.8% per year).
Earnings vs Industry: SNX earnings growth over the past year (25%) underperformed the Electronic industry 34.4%.
Return on Equity
High ROE: SNX's Return on Equity (5.5%) is considered low.
How is TD SYNNEX's financial position?
Financial Health Score3/6
Financial Health Score 3/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: SNX's short term assets ($18.9B) exceed its short term liabilities ($15.2B).
Long Term Liabilities: SNX's short term assets ($18.9B) exceed its long term liabilities ($5.5B).
Debt to Equity History and Analysis
Debt Level: SNX's net debt to equity ratio (56.9%) is considered high.
Reducing Debt: SNX's debt to equity ratio has increased from 49.8% to 63.2% over the past 5 years.
Debt Coverage: SNX's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: SNX's interest payments on its debt are well covered by EBIT (5.3x coverage).
What is TD SYNNEX current dividend yield, its reliability and sustainability?
Dividend Score 2/6
Future Dividend Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SNX's dividend (1.25%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.57%).
High Dividend: SNX's dividend (1.25%) is low compared to the top 25% of dividend payers in the US market (4.09%).
Stability and Growth of Payments
Stable Dividend: SNX has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: SNX's dividend payments have increased, but the company has only paid a dividend for 8 years.
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (16.8%), SNX's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: SNX is paying a dividend but the company has no free cash flows.
Discover strong dividend paying companies
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Rich Hume (61 yo)
Mr. Richard T. Hume, also known as Rich, serves as Chief Executive Officer & Director of Tech Data Corp. since June 06, 2018. He serves as CEO, President & Director at TD SYNNEX since September 01, 2021. H...
CEO Compensation Analysis
Compensation vs Market: Rich's total compensation ($USD10.30M) is about average for companies of similar size in the US market ($USD8.23M).
Compensation vs Earnings: Insufficient data to compare Rich's compensation with company performance.
Experienced Management: SNX's management team is not considered experienced ( 1.1 years average tenure), which suggests a new team.
Experienced Board: SNX's board of directors are considered experienced (7.2 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold 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 85.3%.
TD SYNNEX Corporation's employee growth, exchange listings and data sources
- Name: TD SYNNEX Corporation
- Ticker: SNX
- Exchange: NYSE
- Founded: 1980
- Industry: Technology Distributors
- Sector: Tech
- Implied Market Cap: US$9.233b
- Shares outstanding: 96.10m
- Website: https://www.tdsynnex.com
Number of Employees
- TD SYNNEX Corporation
- 44201 Nobel Drive
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/05/21 00:00|
|End of Day Share Price||2022/05/20 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.