TD SYNNEX CORP (SNX) Stock Fundamental Analysis
USA - NYSE:SNX - US87162W1009 - Common Stock
145.02 USD
-2.16 (-1.47%)
We assign a fundamental rating of 4 out of 10 to SNX. SNX was compared to 123 industry peers in the Electronic Equipment, Instruments & Components industry. There are concerns on the financial health of SNX while its profitability can be described as average. SNX may be a bit undervalued, certainly considering the very reasonable score on growth
1. Profitability
1.1 Basic Checks
SNX had positive earnings in the past year.
SNX had a positive operating cash flow in the past year.
In the past 5 years SNX has always been profitable.
SNX had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
SNX has a Return On Assets (2.42%) which is comparable to the rest of the industry.
The Return On Equity of SNX (9.08%) is better than 71.54% of its industry peers.
With a decent Return On Invested Capital value of 8.36%, SNX is doing good in the industry, outperforming 76.42% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for SNX is in line with the industry average of 9.10%.
The last Return On Invested Capital (8.36%) for SNX is above the 3 year average (7.79%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.42% | ||
| ROE | 9.08% | ||
| ROIC | 8.36% |
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
With a Profit Margin value of 1.26%, SNX perfoms like the industry average, outperforming 51.22% of the companies in the same industry.
SNX's Profit Margin has declined in the last couple of years.
SNX's Operating Margin of 2.21% is in line compared to the rest of the industry. SNX outperforms 52.03% of its industry peers.
In the last couple of years the Operating Margin of SNX has declined.
SNX has a worse Gross Margin (6.91%) than 86.99% of its industry peers.
In the last couple of years the Gross Margin of SNX has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 2.21% | ||
| PM (TTM) | 1.26% | ||
| GM | 6.91% |
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
SNX has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, SNX has less shares outstanding
Compared to 5 years ago, SNX has more shares outstanding
SNX has a better debt/assets ratio than last year.
2.2 Solvency
SNX has an Altman-Z score of 2.66. 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.
SNX's Altman-Z score of 2.66 is on the low side compared to the rest of the industry. SNX is outperformed by 61.79% of its industry peers.
SNX has a debt to FCF ratio of 8.83. This is a slightly negative value and a sign of low solvency as SNX would need 8.83 years to pay back of all of its debts.
SNX has a Debt to FCF ratio of 8.83. This is comparable to the rest of the industry: SNX outperforms 54.47% of its industry peers.
SNX has a Debt/Equity ratio of 0.36. This is a healthy value indicating a solid balance between debt and equity.
SNX's Debt to Equity ratio of 0.36 is on the low side compared to the rest of the industry. SNX is outperformed by 61.79% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.36 | ||
| Debt/FCF | 8.83 | ||
| Altman-Z | 2.66 |
ROIC/WACC0.87
WACC9.64%
2.3 Liquidity
SNX has a Current Ratio of 1.20. This is a normal value and indicates that SNX is financially healthy and should not expect problems in meeting its short term obligations.
With a Current ratio value of 1.20, SNX is not doing good in the industry: 86.18% of the companies in the same industry are doing better.
A Quick Ratio of 0.71 indicates that SNX may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.71, SNX is doing worse than 91.06% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.2 | ||
| Quick Ratio | 0.71 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 6.40% over the past year.
SNX shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -2.52% yearly.
SNX shows a small growth in Revenue. In the last year, the Revenue has grown by 6.94%.
Measured over the past years, SNX shows a quite strong growth in Revenue. The Revenue has been growing by 19.73% on average per year.
EPS 1Y (TTM)6.4%
EPS 3Y9.13%
EPS 5Y-2.52%
EPS Q2Q%25.17%
Revenue 1Y (TTM)6.94%
Revenue growth 3Y22.74%
Revenue growth 5Y19.73%
Sales Q2Q%6.58%
3.2 Future
SNX is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 12.34% yearly.
Based on estimates for the next years, SNX will show a small growth in Revenue. The Revenue will grow by 5.38% on average per year.
EPS Next Y13.3%
EPS Next 2Y12.29%
EPS Next 3Y12.34%
EPS Next 5YN/A
Revenue Next Year7.32%
Revenue Next 2Y5.9%
Revenue Next 3Y5.38%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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
The Price/Earnings ratio is 11.64, which indicates a very decent valuation of SNX.
Based on the Price/Earnings ratio, SNX is valued cheaply inside the industry as 90.24% of the companies are valued more expensively.
The average S&P500 Price/Earnings ratio is at 25.47. SNX is valued rather cheaply when compared to this.
The Price/Forward Earnings ratio is 9.86, which indicates a very decent valuation of SNX.
SNX's Price/Forward Earnings ratio is rather cheap when compared to the industry. SNX is cheaper than 92.68% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 35.42, SNX is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.64 | ||
| Fwd PE | 9.86 |
4.2 Price Multiples
SNX's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. SNX is cheaper than 88.62% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, SNX is valued a bit cheaper than 72.36% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 24.59 | ||
| EV/EBITDA | 8.73 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
SNX's earnings are expected to grow with 12.34% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.88
PEG (5Y)N/A
EPS Next 2Y12.29%
EPS Next 3Y12.34%
5. Dividend
5.1 Amount
SNX has a Yearly Dividend Yield of 1.17%. Purely for dividend investing, there may be better candidates out there.
SNX's Dividend Yield is rather good when compared to the industry average which is at 2.43. SNX pays more dividend than 87.80% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.44, SNX's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.17% |
5.2 History
The dividend of SNX has a limited annual growth rate of 1.30%.
SNX has been paying a dividend for at least 10 years, so it has 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
18.83% 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.
DP18.83%
EPS Next 2Y12.29%
EPS Next 3Y12.34%
NYSE:SNX (11/20/2025, 12:05:09 PM)
145.02
-2.16 (-1.47%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners93.62%
Inst Owner Change-2.92%
Ins Owners0.73%
Ins Owner Change0.43%
Market Cap11.81B
Revenue(TTM)60.97B
Net Income(TTM)767.18M
Analysts82.35
Price Target179.99 (24.11%)
Short Float %2.56%
Short Ratio2.64
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.17% |
Yearly Dividend1.6
Dividend Growth(5Y)1.3%
DP18.83%
Div Incr Years4
Div Non Decr Years4
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)12.7%
Min EPS beat(2)9.03%
Max EPS beat(2)16.37%
EPS beat(4)3
Avg EPS beat(4)5.29%
Min EPS beat(4)-4.6%
Max EPS beat(4)16.37%
EPS beat(8)6
Avg EPS beat(8)4.76%
EPS beat(12)9
Avg EPS beat(12)5.21%
EPS beat(16)12
Avg EPS beat(16)4.97%
Revenue beat(2)2
Avg Revenue beat(2)2.97%
Min Revenue beat(2)2.55%
Max Revenue beat(2)3.39%
Revenue beat(4)3
Avg Revenue beat(4)1.57%
Min Revenue beat(4)-2.72%
Max Revenue beat(4)3.39%
Revenue beat(8)4
Avg Revenue beat(8)0.27%
Revenue beat(12)5
Avg Revenue beat(12)-0.55%
Revenue beat(16)8
Avg Revenue beat(16)0.14%
PT rev (1m)5.38%
PT rev (3m)14.38%
EPS NQ rev (1m)0%
EPS NQ rev (3m)12.13%
EPS NY rev (1m)7.63%
EPS NY rev (3m)8.2%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)5.82%
Revenue NY rev (1m)0%
Revenue NY rev (3m)2.42%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.64 | ||
| Fwd PE | 9.86 | ||
| P/S | 0.19 | ||
| P/FCF | 24.59 | ||
| P/OCF | 18.65 | ||
| P/B | 1.4 | ||
| P/tB | 25.56 | ||
| EV/EBITDA | 8.73 |
EPS(TTM)12.46
EY8.59%
EPS(NY)14.71
Fwd EY10.15%
FCF(TTM)5.9
FCFY4.07%
OCF(TTM)7.78
OCFY5.36%
SpS748.69
BVpS103.8
TBVpS5.67
PEG (NY)0.88
PEG (5Y)N/A
Graham Number170.59
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.42% | ||
| ROE | 9.08% | ||
| ROCE | 10.52% | ||
| ROIC | 8.36% | ||
| ROICexc | 8.97% | ||
| ROICexgc | 27.18% | ||
| OM | 2.21% | ||
| PM (TTM) | 1.26% | ||
| GM | 6.91% | ||
| FCFM | 0.79% |
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%
ROICexgc growth 3Y14.05%
ROICexgc 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-Score5
Asset Turnover1.92
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.36 | ||
| Debt/FCF | 8.83 | ||
| Debt/EBITDA | 1.73 | ||
| Cap/Depr | 37.19% | ||
| Cap/Sales | 0.25% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 36.03% | ||
| Profit Quality | 62.6% | ||
| Current Ratio | 1.2 | ||
| Quick Ratio | 0.71 | ||
| Altman-Z | 2.66 |
F-Score5
WACC9.64%
ROIC/WACC0.87
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)6.4%
EPS 3Y9.13%
EPS 5Y-2.52%
EPS Q2Q%25.17%
EPS Next Y13.3%
EPS Next 2Y12.29%
EPS Next 3Y12.34%
EPS Next 5YN/A
Revenue 1Y (TTM)6.94%
Revenue growth 3Y22.74%
Revenue growth 5Y19.73%
Sales Q2Q%6.58%
Revenue Next Year7.32%
Revenue Next 2Y5.9%
Revenue Next 3Y5.38%
Revenue Next 5YN/A
EBIT growth 1Y5.75%
EBIT growth 3Y19.84%
EBIT growth 5Y7.42%
EBIT Next Year13.49%
EBIT Next 3Y8.63%
EBIT Next 5YN/A
FCF growth 1Y-64.51%
FCF growth 3Y11.36%
FCF growth 5Y20.38%
OCF growth 1Y-57.75%
OCF growth 3Y14.57%
OCF growth 5Y17.23%
TD SYNNEX CORP / SNX FAQ
What is the fundamental rating for SNX stock?
ChartMill assigns a fundamental rating of 4 / 10 to SNX.
What is the valuation status of TD SYNNEX CORP (SNX) stock?
ChartMill assigns a valuation rating of 7 / 10 to TD SYNNEX CORP (SNX). This can be considered as Undervalued.
What is the profitability of SNX stock?
TD SYNNEX CORP (SNX) has a profitability rating of 4 / 10.
Can you provide the expected EPS growth for SNX stock?
The Earnings per Share (EPS) of TD SYNNEX CORP (SNX) is expected to grow by 13.3% in the next year.
Is the dividend of TD SYNNEX CORP sustainable?
The dividend rating of TD SYNNEX CORP (SNX) is 6 / 10 and the dividend payout ratio is 18.83%.