TD Synnex Corp (SNX) Stock

About TD Synnex Corp

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 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.

TD Synnex Corp is led by CEO Patrick Zammit, employs 24,000 people, headquartered in Fremont, US, publicly traded since 2003.

TD Synnex Corp (SNX) stock trades at $244.89 with a market capitalization of $19.58B. The stock is valued at a price-to-earnings (P/E) ratio of 22.90, price-to-book of 2.17, price-to-sales of 0.28. Over the past 52 weeks the stock has ranged between $123.84 and $294.70, and currently trades 16.9% below its 52-week high. It pays a dividend yielding 0.82%.

On profitability, TD Synnex Corp generates a return on equity (ROE) of 9.80%, return on capital employed of 16.83%, an operating margin of 2.27%, a net profit margin of 1.52%.

In its most recent fiscal year, TD Synnex Corp reported annual revenue of $62.5B, net profit of $828.0M, revenue has compounded at 25.6% a year over the last five years, profit at 9.4% a year.

The balance sheet shows a debt-to-equity ratio of 0.13 — a conservative balance sheet with little leverage risk, a current ratio of 1.21, total assets of $34.3B, $2.4B in cash and equivalents.

SNX has an average daily trading volume of 844,132 shares, a beta of 1.44 (more volatile than the overall market).

Official website: www.tdsynnex.com