SNX:NYE-Synnex Corporation (USD)

EQUITY | Electronics & Computer Distribution | New York Stock Exchange

Last Closing

USD 116

Change

+3.73 (+3.32)%

Market Cap

USD 4.63B

Volume

1.35M

Analyst Target

USD 139.17
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

Synnex Corp is a business process services company. The Company offers services to resellers, retailers, original equipment manufacturers, or OEMs, financial and insurance institutions and several other industry verticals.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

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Relative Returns (From:    To: 2024-03-27 )

Largest Industry Peers for Electronics & Computer Distribution

Symbol Name Price(Change) Market Cap
ARW Arrow Electronics Inc

N/A

USD 6.94B

ETFs Containing SNX

WFH Direxion Work From Home E.. 2.89 % 0.00 %

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USD 0.03B
XMVM Invesco S&P MidCap Value .. 2.21 % 0.39 %

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USD 0.21B
USMF 1.12 % 0.00 %

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RNMC First Trust Mid Cap US Eq.. 1.02 % 0.60 %

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USD 0.02B
USVM VictoryShares US Small Mi.. 0.62 % 0.25 %

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USD 0.22B
EZM WisdomTree U.S. MidCap Ea.. 0.59 % 0.38 %

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USD 0.77B
DFAT Dimensional U.S. Targeted.. 0.54 % 0.00 %

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USD 9.40B
BTAL AGFiQ U.S. Market Neutral.. 0.47 % 0.00 %

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USD 0.26B
PXMV 0.00 % 0.39 %

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RFV Invesco S&P MidCap 400® .. 0.00 % 0.35 %

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USD 0.30B
LSAF LeaderSharesTM AlphaFacto.. 0.00 % 0.75 %

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USD 0.14B
SIZ 0.00 % 1.71 %

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XMLV Invesco S&P MidCap Low Vo.. 0.00 % 0.25 %

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USD 0.78B
XXM.B:CA 0.00 % 0.67 %

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Market Performance

  Market Performance vs. Industry/Classification (Electronics & Computer Distribution) Market Performance vs. Exchange (New York Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 7.80% 100% F 70% C-
Dividend Return 0.37% 100% F 23% F
Total Return 8.17% 100% F 69% C-
Trailing 12 Months  
Capital Gain 24.18% 100% F 74% C
Dividend Return 1.55% 100% F 20% F
Total Return 25.74% 100% F 72% C
Trailing 5 Years  
Capital Gain 21.61% 50% F 58% F
Dividend Return 5.58% 100% F 18% F
Total Return 27.19% 50% F 51% F
Average Annual (5 Year Horizon)  
Capital Gain 0.21% 50% F 43% F
Dividend Return 1.12% 50% F 35% F
Total Return 0.91% 100% F 24% F
Risk Return Profile  
Volatility (Standard Deviation) 23.21% 100% F 49% F
Risk Adjusted Return 4.85% 50% F 32% F
Market Capitalization 4.63B 100% F 84% B

Key Financial Ratios

  Ratio vs. Industry/Classification (Electronics & Computer Distribution) Ratio vs. Market (New York Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 21.70 50% 54%
Price/Book Ratio 1.13 100% 64%
Price / Cash Flow Ratio 6.57 100% 52%
Price/Free Cash Flow Ratio 8.21 50% 50%
Management Effectiveness  
Return on Equity 7.74% 50% 48%
Return on Invested Capital 10.17% 50% 64%
Return on Assets 2.75% 50% 53%
Debt to Equity Ratio 37.87% 50% 68%

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Underpriced on cashflow basis

The stock is trading low compared to its peers on a price to cash flow basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Underpriced compared to book value

The stock is trading low compared to its peers on a price to book value basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Superior total returns

The stock has outperformed its sector peers on average annual total returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile.

Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

Superior Earnings Growth

This stock has shown top quartile earnings growth in the previous 5 years compared to its sector.

Superior Revenue Growth

This stock has shown top quartile revenue growth in the previous 5 years compared to its sector.

Superior Dividend Growth

This stock has shown top quartile dividend growth in the previous 5 years compared to its sector

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

Highly leveraged

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.

Poor return on assets

The company management has delivered below median return on assets in the most recent 4 quarters compared to its peers.

Poor capital utilization

The company management has delivered below median return on invested capital in the most recent 4 quarters compared to its peers.

Poor return on equity

The company management has delivered below median return on equity in the most recent 4 quarters compared to its peers.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.