TD Synnex Corp (SNX)
Fair ValueFundamental
63
Price
$256.85
Market Cap
$20.30B
Part 1 · What the company is worth
Overview
TD SYNNEX Corporation operates as a distributor and solutions aggregator for the information technology (IT) ecosystem in the United States, Europe, and internationally. It offers endpoint solutions, including personal computing devices and peripherals, mobile phones and accessories, printers, and supplies; and advanced solutions comprising data center technologies, such as hybrid cloud, security, storage, networking, servers, software, converged and hyper-converged infrastructure, and hyperscale infrastructure. The company also provides design, integration, test and other production value-added solutions, such as thermal testing, power-draw efficiency testing, burn-in, quality, and logistics support; logistics and field services; depot repair and customer management services; and cloud services, including public cloud solutions in productivity and collaboration, infrastructure as a service, platform as a service, software as a service, security, mobility, AI, and other hybrid solutions. In addition, it offers online services; financing options, including net terms, third party leasing, floor plan financing and letters-of-credit backed financing and arrangements, as well lease products to reseller customers and their end-users and provides device-as-a-service to end-users; and marketing services comprising direct mail, external media advertising, reseller product training, targeted telemarketing campaigns, national and regional trade shows, trade groups, database analysis, print on demand services, and web-based marketing. It serves value-added resellers, corporate resellers, government resellers, system integrators, direct marketers, retailers, and managed service providers. The company has strategic alliance with EigenQ, Inc. to help public-sector, defense, critical infrastructure and enterprise customers assess and prepare AMD EPYC processor-based server environments for the post-quantum security transition. The company was formerly known as SYNNEX Corporation and changed its name to TD SYNNEX Corporation in September 2021. TD SYNNEX Corporation was founded in 1980 and is headquartered in Fremont, California.
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Direct competitors
Who this company fights with for the same customers
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No competitor list for this company yet.
Balance Sheet & Liquidity
Revenue
$69.77B
Trailing 12 months (through 5/31/2026)
Net Income
$1.14B
Trailing 12 months (through 5/31/2026)
Free Cash Flow
$1.39B
Total Equity
$8.45B
Total Liabilities
$25.80B
Current Ratio
1.20
Interest Coverage
3.97
Debt/EBITDA
3.20
Earnings Per Share
Revenue & Net Income
Free Cash Flow
Income Breakdown
Historical statement
Margins over time
Debt over time
How heavy the debt is
Growth grid
Growth — Revenue
Fair Value Estimation
Fair Value
$246.94
Current Price
$256.85
Margin of Safety
-4.0%
Fair Value Range
$173.86 - $320.02
Spread across the valuation methods used, not a statistically calibrated confidence interval.
Estimation Methods
Valuation Metrics
P/E Ratio
18.41
ROE
9.8%
P/B Ratio
2.29
P/FCF
54.83
Gross Margin
7.0%
ROIC
10.2%
Profitability Radar
Value Creation (Economic Moat)
ROIC
10.2%
WACC
10.7%
ROIC − WACC
-0.5 pp
ROIC is roughly in line with the cost of capital — the company is barely covering its capital cost.
Fundamental Analysis Criteria
Passed (18)
- EPS shows upward trend
- EPS CAGR 8.65%
- Price CAGR 16.10%
- ROIC 10.2%
- P/B Ratio 2.29
- Debt/Equity ratio
- Positive Free Cash Flow
- Current Ratio
- Interest Coverage
- Debt/EBITDA
- Return on Tangible Assets
- ROE 13.1%
- Revenue Growth 5Y 20.4%
- Analyst Consensus 82% Buy
- Earnings Surprise avg 19.7%
- Share Dilution -4.0%
- Net Margin Trend 1.6% vs 1.2%
- Piotroski F-Score 6/9
Failed (8)
- Gross Margin 7.0%
- P/FCF 54.83
- Operating Margin 2.6%
- CapEx intensity
- Low reliance on intangibles
- Price below Graham Number
- DCF valuation (Overvalued)
- Earnings Quality (OCF/NI) 0.48
Unavailable (2)
- Dividend Payout NaN%
- PEG Ratio (need PE > 0 and growth > 0)
Piotroski F-Score
Mixed signals: some areas need attention
Earnings Quality
Low quality: investigate accounting
Share Dilution
Buying back shares. Shareholder friendly
Institutional Holdings
No institutional filings reported for this company.
Governance
Executive Team
| Name | Title | Age |
|---|---|---|
| Mr. Patrick Zammit | CEO, President & Director | 58 |
| Mr. David Jordan | CFO & EVP | 37 |
| Mr. David R. Vetter J.D. | Chief Legal Officer & Corporate Secretary | 65 |
| Mr. Dennis J. Polk | Hyve Solutions Chair & Executive Director | 58 |
| Ms. Miriam Murphy | President of Europe | 55 |
| Mr. John Henry | Senior VP & Chief Accounting Officer | 49 |
| Mr. Sergio Farache | Chief Strategy and Technology Officer | - |
| Ms. Kristie Grinnell | Executive VP & Chief Information Officer | - |
| Nate Friedel | Head of Investor Relations | - |
| Mr. Alim Dhanji | Executive VP of Corporate Affairs & Chief Human Resources Officer | 47 |
Audit Risk
2
Board Risk
3
Compensation Risk
4
Shareholder Rights Risk
5
Part 2 · The price and when to enter
This part won't tell you whether the company is worth owning: it helps you choose when to buy it, once the fundamentals have convinced you. Inside: technical analysis, potential, historical drawdowns, gamma exposure.
Documents
- View document
Annual Report (10-K)
A yearly overview of the business, its financial results, and the risks it faces.
Filed on 2026-01-27
- View document
Quarterly Report (10-Q)
A snapshot of financial performance for the most recent three-month period.
Filed on 2026-07-02
- View document
Current Report (8-K)
An announcement of a major event, such as a leadership change or big news.
Filed on 2026-09-30
via SEC EDGAR
Income History
via SEC EDGAR
Latest News
Recent headlines for SNX, sourced from Markets Gazette.
- 6/24/2026NEGATIVESynthetix Founder Takes Blame For sUSD Problems As Protocol Eyes Basis-Vault Fix
Kain Warwick, founder of the decentralized finance protocol Synthetix, has admitted to mismanagement issues contributing to problems with its stablecoin, sUSD. The protocol is reportedly working on a fix for its Basis-Vault mechanism. This admission of mismanagement and ongoing technical issues with a core product like a stablecoin could erode investor confidence and potentially lead to a decrease in the value of Synthetix's native token, SNX, as users and developers seek more stable and reliable platforms.
- 6/12/2026POSITIVETD Synnex To Rally More Than 8%? Here Are 10 Top Analyst Forecasts For Friday
TD Synnex Corporation (SNX) is poised for a potential rally of over 8%, according to recent analyst forecasts. While the article mentions changes for several Wall Street names, SNX is highlighted as a key stock with significant analyst attention. This positive outlook suggests that analysts have identified catalysts or fundamental improvements that could drive the stock's performance higher. Investors should monitor SNX for potential upward price movement based on these updated analyst expectations.
via Markets Gazette