TD SYNNEX CORP (SNX) Stock Fundamental Analysis
USA - NYSE:SNX - US87162W1009 - Common Stock
150.55 USD
-0.22 (-0.15%)
We assign a fundamental rating of 4 out of 10 to SNX. SNX was compared to 125 industry peers in the Electronic Equipment, Instruments & Components industry. SNX has a medium profitability rating, but doesn't score so well on its financial health evaluation. SNX is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
SNX had positive earnings in the past year.
In the past year SNX had a positive cash flow from operations.
In the past 5 years SNX has always been profitable.
Of the past 5 years SNX 4 years had a positive operating cash flow.
1.2 Ratios
SNX has a Return On Assets (2.36%) which is comparable to the rest of the industry.
SNX has a Return On Equity of 8.62%. This is in the better half of the industry: SNX outperforms 72.00% of its industry peers.
Looking at the Return On Invested Capital, with a value of 7.50%, SNX is in the better half of the industry, outperforming 74.40% of the companies in the same industry.
SNX had an Average Return On Invested Capital over the past 3 years of 7.79%. This is in line with the industry average of 9.48%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.36% | ||
| ROE | 8.62% | ||
| ROIC | 7.5% |
ROA(3y)2.18%
ROA(5y)2.37%
ROE(3y)8.05%
ROE(5y)8.23%
ROIC(3y)7.79%
ROIC(5y)7.32%
1.3 Margins
SNX's Profit Margin of 1.20% is in line compared to the rest of the industry. SNX outperforms 54.40% of its industry peers.
In the last couple of years the Profit Margin of SNX has declined.
SNX has a Operating Margin of 2.11%. This is comparable to the rest of the industry: SNX outperforms 52.80% of its industry peers.
In the last couple of years the Operating Margin of SNX has declined.
With a Gross Margin value of 6.74%, SNX is not doing good in the industry: 88.00% of the companies in the same industry are doing better.
SNX's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 2.11% | ||
| PM (TTM) | 1.2% | ||
| GM | 6.74% |
OM growth 3Y-2.36%
OM growth 5Y-10.29%
PM growth 3Y-1.88%
PM growth 5Y-10.96%
GM growth 3Y4.45%
GM growth 5Y-11%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), SNX is destroying value.
Compared to 1 year ago, SNX has less shares outstanding
Compared to 5 years ago, SNX has more shares outstanding
The debt/assets ratio for SNX has been reduced compared to a year ago.
2.2 Solvency
SNX has an Altman-Z score of 2.75. This is not the best score and indicates that SNX is in the grey zone with still only limited risk for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 2.75, SNX is doing worse than 63.20% of the companies in the same industry.
The Debt to FCF ratio of SNX is 6.79, which is on the high side as it means it would take SNX, 6.79 years of fcf income to pay off all of its debts.
With a Debt to FCF ratio value of 6.79, SNX perfoms like the industry average, outperforming 56.00% of the companies in the same industry.
A Debt/Equity ratio of 0.45 indicates that SNX is not too dependend on debt financing.
The Debt to Equity ratio of SNX (0.45) is worse than 65.60% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.45 | ||
| Debt/FCF | 6.79 | ||
| Altman-Z | 2.75 |
ROIC/WACC0.77
WACC9.79%
2.3 Liquidity
A Current Ratio of 1.26 indicates that SNX should not have too much problems paying its short term obligations.
SNX's Current ratio of 1.26 is on the low side compared to the rest of the industry. SNX is outperformed by 84.00% of its industry peers.
A Quick Ratio of 0.75 indicates that SNX may have some problems paying its short term obligations.
SNX's Quick ratio of 0.75 is on the low side compared to the rest of the industry. SNX is outperformed by 88.80% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.26 | ||
| Quick Ratio | 0.75 |
3. Growth
3.1 Past
SNX shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 0.95%.
The Earnings Per Share has been decreasing by -2.52% on average over the past years.
SNX shows a small growth in Revenue. In the last year, the Revenue has grown by 6.60%.
SNX shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 19.73% yearly.
EPS 1Y (TTM)0.95%
EPS 3Y9.13%
EPS 5Y-2.52%
EPS Q2Q%9.52%
Revenue 1Y (TTM)6.6%
Revenue growth 3Y22.74%
Revenue growth 5Y19.73%
Sales Q2Q%7.16%
3.2 Future
Based on estimates for the next years, SNX will show a quite strong growth in Earnings Per Share. The EPS will grow by 10.04% on average per year.
SNX is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.48% yearly.
EPS Next Y5.14%
EPS Next 2Y8.53%
EPS Next 3Y10.04%
EPS Next 5YN/A
Revenue Next Year4.74%
Revenue Next 2Y4.44%
Revenue Next 3Y4.48%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 12.82, SNX is valued correctly.
Based on the Price/Earnings ratio, SNX is valued cheaply inside the industry as 94.40% of the companies are valued more expensively.
When comparing the Price/Earnings ratio of SNX to the average of the S&P500 Index (27.41), we can say SNX is valued rather cheaply.
SNX is valuated reasonably with a Price/Forward Earnings ratio of 10.95.
Based on the Price/Forward Earnings ratio, SNX is valued cheaper than 96.00% of the companies in the same industry.
SNX is valuated cheaply when we compare the Price/Forward Earnings ratio to 22.88, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.82 | ||
| Fwd PE | 10.95 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, SNX is valued cheaply inside the industry as 90.40% of the companies are valued more expensively.
82.40% of the companies in the same industry are more expensive than SNX, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 20.52 | ||
| EV/EBITDA | 9.46 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
PEG (NY)2.5
PEG (5Y)N/A
EPS Next 2Y8.53%
EPS Next 3Y10.04%
5. Dividend
5.1 Amount
SNX has a Yearly Dividend Yield of 1.16%.
Compared to an average industry Dividend Yield of 1.39, SNX pays a better dividend. On top of this SNX pays more dividend than 88.80% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.38, SNX's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.16% |
5.2 History
The dividend of SNX has a limited annual growth rate of 1.30%.
SNX has paid a dividend for at least 10 years, which is a reliable track record.
SNX has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)1.3%
Div Incr Years4
Div Non Decr Years4
5.3 Sustainability
19.79% of the earnings are spent on dividend by SNX. This is a low number and sustainable payout ratio.
SNX's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP19.79%
EPS Next 2Y8.53%
EPS Next 3Y10.04%
NYSE:SNX (9/19/2025, 2:16:10 PM)
150.55
-0.22 (-0.15%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners94.91%
Inst Owner Change-0.69%
Ins Owners0.76%
Ins Owner Change0.16%
Market Cap12.42B
Analysts82.35
Price Target159.21 (5.75%)
Short Float %3.36%
Short Ratio4.66
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.16% |
Yearly Dividend1.6
Dividend Growth(5Y)1.3%
DP19.79%
Div Incr Years4
Div Non Decr Years4
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)2.21%
Min EPS beat(2)-4.6%
Max EPS beat(2)9.03%
EPS beat(4)3
Avg EPS beat(4)1.49%
Min EPS beat(4)-4.6%
Max EPS beat(4)9.03%
EPS beat(8)6
Avg EPS beat(8)4.11%
EPS beat(12)8
Avg EPS beat(12)3.79%
EPS beat(16)12
Avg EPS beat(16)4.09%
Revenue beat(2)1
Avg Revenue beat(2)0.34%
Min Revenue beat(2)-2.72%
Max Revenue beat(2)3.39%
Revenue beat(4)3
Avg Revenue beat(4)1.69%
Min Revenue beat(4)-2.72%
Max Revenue beat(4)3.39%
Revenue beat(8)3
Avg Revenue beat(8)-0.3%
Revenue beat(12)5
Avg Revenue beat(12)-0.66%
Revenue beat(16)7
Avg Revenue beat(16)-4%
PT rev (1m)1.18%
PT rev (3m)15.44%
EPS NQ rev (1m)0.06%
EPS NQ rev (3m)3.2%
EPS NY rev (1m)0.41%
EPS NY rev (3m)2.96%
Revenue NQ rev (1m)0.07%
Revenue NQ rev (3m)0.67%
Revenue NY rev (1m)-0.03%
Revenue NY rev (3m)1.31%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.82 | ||
| Fwd PE | 10.95 | ||
| P/S | 0.21 | ||
| P/FCF | 20.52 | ||
| P/OCF | 16.06 | ||
| P/B | 1.49 | ||
| P/tB | 27.5 | ||
| EV/EBITDA | 9.46 |
EPS(TTM)11.74
EY7.8%
EPS(NY)13.75
Fwd EY9.13%
FCF(TTM)7.34
FCFY4.87%
OCF(TTM)9.37
OCFY6.23%
SpS727.63
BVpS101.16
TBVpS5.48
PEG (NY)2.5
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.36% | ||
| ROE | 8.62% | ||
| ROCE | 9.44% | ||
| ROIC | 7.5% | ||
| ROICexc | 7.96% | ||
| ROICexgc | 21.24% | ||
| OM | 2.11% | ||
| PM (TTM) | 1.2% | ||
| GM | 6.74% | ||
| FCFM | 1.01% |
ROA(3y)2.18%
ROA(5y)2.37%
ROE(3y)8.05%
ROE(5y)8.23%
ROIC(3y)7.79%
ROIC(5y)7.32%
ROICexc(3y)8.36%
ROICexc(5y)8.17%
ROICexgc(3y)25.16%
ROICexgc(5y)22.93%
ROCE(3y)9.8%
ROCE(5y)9.21%
ROICexcg growth 3Y14.05%
ROICexcg growth 5Y3.33%
ROICexc growth 3Y21.3%
ROICexc growth 5Y-3.93%
OM growth 3Y-2.36%
OM growth 5Y-10.29%
PM growth 3Y-1.88%
PM growth 5Y-10.96%
GM growth 3Y4.45%
GM growth 5Y-11%
F-Score6
Asset Turnover1.97
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.45 | ||
| Debt/FCF | 6.79 | ||
| Debt/EBITDA | 2.23 | ||
| Cap/Depr | 41.58% | ||
| Cap/Sales | 0.28% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 46.35% | ||
| Profit Quality | 84.1% | ||
| Current Ratio | 1.26 | ||
| Quick Ratio | 0.75 | ||
| Altman-Z | 2.75 |
F-Score6
WACC9.79%
ROIC/WACC0.77
Cap/Depr(3y)34.7%
Cap/Depr(5y)39.65%
Cap/Sales(3y)0.25%
Cap/Sales(5y)0.34%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)0.95%
EPS 3Y9.13%
EPS 5Y-2.52%
EPS Q2Q%9.52%
EPS Next Y5.14%
EPS Next 2Y8.53%
EPS Next 3Y10.04%
EPS Next 5YN/A
Revenue 1Y (TTM)6.6%
Revenue growth 3Y22.74%
Revenue growth 5Y19.73%
Sales Q2Q%7.16%
Revenue Next Year4.74%
Revenue Next 2Y4.44%
Revenue Next 3Y4.48%
Revenue Next 5YN/A
EBIT growth 1Y-1.36%
EBIT growth 3Y19.84%
EBIT growth 5Y7.42%
EBIT Next Year13.37%
EBIT Next 3Y8.94%
EBIT Next 5YN/A
FCF growth 1Y-13.76%
FCF growth 3Y11.36%
FCF growth 5Y20.38%
OCF growth 1Y-7.95%
OCF growth 3Y14.57%
OCF growth 5Y17.23%