SNX Stock Analysis: Synnex | NYSE

Personal Computing, Data Center, Cloud Services, Mobile Devices

Total Rating 69

Safety 82

Buy Signal 0.66

Electronics & Computer Distribution
Industry Rotation: +20.8

Market Cap: 20.5B
Avg Turnover: 187M

Risk 3d forecast

Volatility54.6%

VaR 5^th Pctl8.64%

VaR vs Median-3.40%

Reward TTM

Sharpe Ratio1.55

Rel. Str. IBD89.6

Rel. Str. Peer Group50

Character TTM

Beta1.312

Beta Downside1.022

Hurst Exponent0.557

Drawdowns 3y

Max DD33.78%

CAGR/Max DD1.19

CAGR/Mean DD5.67

EPS (Earnings per Share)

EPS CAGR: 18.02%
EPS Trend: 86.6%

Last SUE: 2.09
Qual. Beats: 3

Revenue

Rev. CAGR: 9.59%
Rev. Trend: 89.9%

Last SUE: 2.91
Qual. Beats: 6

Warnings

Fakeout

Tailwinds

Rs Leader

Pead

Confidence

Garp

Seasonality 11.7 years of data

Jan -2.5% 5

Feb -2.4% 12

Mar -3.0% 2

Apr -1.2% 5

May +5.9% 42

Jun -0.1% 7

Jul -0.1% 5

Aug -0.3% 10

Sep -0.6% 5

Oct -6.5% 34

Nov +3.9% 25

Dec -0.8% 14

How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.

Description: SNX Synnex

TD SYNNEX Corporation is a global IT distributor and solutions aggregator that operates across the United States, Europe, and international markets. The company serves as an intermediary between technology manufacturers and a broad range of resellers, including value-added resellers, corporate resellers, government resellers, system integrators, direct marketers, retailers, and managed service providers. Its business is organized around two primary product categories: endpoint solutions (PCs, peripherals, mobile devices, printers, and supplies) and advanced solutions (data center technologies, including hybrid cloud, security, storage, networking, servers, and software).

Beyond product distribution, TD SYNNEX offers an extensive suite of value-added services, including design and integration support, thermal and power-draw testing, burn-in and quality assurance, logistics and field services, depot repair, and customer management. The company also provides cloud services spanning infrastructure-, platform-, and software-as-a-service offerings, as well as financing solutions such as net terms, third-party leasing, floor plan financing, and device-as-a-service programs for end-users.

The company was formed through the 2021 merger of SYNNEX Corporation and Tech Data, creating one of the largest IT distributors globally. As a technology distributor operating in a low-margin, high-volume business model, TD SYNNEX generates revenue primarily through the resale of hardware, software, and services, with profitability largely dependent on scale, operational efficiency, and the breadth of its value-added services portfolio. The company also maintains a strategic alliance with EigenQ, Inc. focused on post-quantum security readiness for AMD EPYC-based server environments.

Headlines to Watch Out For

Cloud solutions segment revenue outpaces traditional distribution
PC and endpoint demand softness pressures gross margins
TD merger integration delivers cost synergies and cross-selling opportunities

Piotroski VR-10 (Strict) 3.5

Net Income: 1.33b TTM > 0 and > 6% of Revenue
FCF/TA: -0.02 > 0.02 and ΔFCF/TA -3.46 > 1.0
NWC/Revenue: 6.99% < 20% (prev 6.06%; Δ 0.92% < -1%)
CFO/TA -0.01 > 3% & CFO -617.8m > Net Income 1.33b
Net Debt (4.95b) to EBITDA (2.47b): 2.01 < 3
Current Ratio: 1.19 > 1.5 & < 3
Outstanding Shares: last quarter (79.4m) vs 12m ago -4.24% < -2%
Gross Margin: 6.79% > 18% (prev 6.30%; Δ 0.48% > 0.5%)
Asset Turnover: 205.8% > 50% (prev 192.4%; Δ 13.39% > 0%)
Interest Coverage Ratio: 5.30 > 6 (EBIT TTM 2.05b / Interest Expense TTM 387.4m)

Altman Z'' 1.85

A: 0.13 (Total Current Assets 32.9b - Total Current Liabilities 27.6b) / Total Assets 41.8b
B: 0.11 (Retained Earnings 4.40b / Total Assets 41.8b)
C: 0.06 (EBIT TTM 2.05b / Avg Total Assets 36.8b)
D: 0.29 (Book Value of Equity 9.30b / Total Liabilities 32.5b)
Altman-Z'' = 1.85 = BBB

Beneish M -3.05

DSRI: 1.02 (Receivables 15.0b/11.8b, Revenue 75.7b/61.0b)
GMI: 0.93 (GM 6.30% / 6.79%)
AQI: 0.74 (AQ_t 0.20 / AQ_t-1 0.27)
SGI: 1.24 (Revenue 75.7b / 61.0b)
TATA: 0.05 (NI 1.33b - CFO -617.8m) / TA 41.8b)
Beneish M = -3.05 (Cap -4..+1) = AA

What is the price of SNX shares?

As of September 27, 2026, the stock is trading at USD 263.03 with a total of 1,441,093 shares traded. Over the past week, the price has changed by -1.18%, over one month by +4.63%, over three months by -5.07% and over the past year by +66.43%.

Current recommended Stop Loss: 237.90 (which is 9.6% or 2.2 ATR below the current price).

Is SNX a buy, sell or hold?

Synnex has received a consensus analysts rating of 4.36. Therefore, it is recommended to buy SNX.

StrongBuy: 6
Buy: 3
Hold: 2
Sell: 0
StrongSell: 0

What are the forecasts/targets for the SNX price?

Analysts Target Price	334.9	27.3%

Synnex (SNX) - Fundamental Data Overview as of 27 September 2026

Market Cap USD = 20.5b (20.5b USD * 1.0 USD.USD)
P/E Trailing = 18.5867
P/E Forward = 12.7226
P/S = 0.294
P/B = 2.5304
P/EG = 0.7951
Revenue TTM = 75.7b USD
EBIT TTM = 2.05b USD
EBITDA TTM = 2.47b USD
Long Term Debt = 3.59b USD (from longTermDebt, last fiscal year)
Short Term Debt = 1.93b USD (from shortTermDebt, last quarter)
Debt = 5.70b USD (corrected: LT Debt 3.59b + ST Debt 1.93b) + Leases 178.7m
Net Debt = 4.95b USD (calculated: Debt 5.70b - CCE 749.3m)
Enterprise Value = 25.5b USD (20.5b + Debt 5.70b - CCE 749.3m)
Interest Coverage Ratio = 5.30 (Ebit TTM 2.05b / Interest Expense TTM 387.4m)
EV/FCF = -31.24x (Enterprise Value 25.5b / FCF TTM -815.0m)
FCF Yield = -3.20% (FCF TTM -815.0m / Enterprise Value 25.5b)
FCF Margin = -1.08% (FCF TTM -815.0m / Revenue TTM 75.7b)
Net Margin = 1.75% (Net Income TTM 1.33b / Revenue TTM 75.7b)
Gross Margin = 6.79% ((Revenue TTM 75.7b - Cost of Revenue TTM 70.5b) / Revenue TTM)
Gross Margin QoQ = 6.61% (prev 6.84%)
Tobins Q-Ratio = 0.61 (Enterprise Value 25.5b / Total Assets 41.8b)
Interest Expense / Debt = 6.80% (Interest Expense 387.4m / Debt 5.70b)
Taxrate = 22.87% (393.0m / 1.72b)
NOPAT = 1.58b (EBIT 2.05b * (1 - 22.87%))
Current Ratio = 1.19 (Total Current Assets 32.9b / Total Current Liabilities 27.6b)
Debt / Equity = 0.61 (Debt 5.70b / totalStockholderEquity, last quarter 9.30b)
Debt / EBITDA = 2.01 (Net Debt 4.95b / EBITDA 2.47b)
Debt / FCF = -6.07 (negative FCF - burning cash) (Net Debt 4.95b / FCF TTM -815.0m)
Total Stockholder Equity = 8.87b (last 4 quarters mean from totalStockholderEquity)
RoA = 3.61% (Net Income 1.33b / Total Assets 41.8b)
RoE = 14.94% (Net Income TTM 1.33b / Total Stockholder Equity 8.87b)
RoCE = 16.48% (EBIT 2.05b / Capital Employed (Equity 8.87b + L.T.Debt 3.59b))
RoIC = 10.28% (NOPAT 1.58b / Invested Capital 15.4b)
WACC = 9.44% (E(20.5b)/V(26.2b) * Re(10.60%) + D(5.70b)/V(26.2b) * Rd(6.80%) * (1-Tc(0.23)))
Discount Rate = 10.60% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -98.43 | Cagr: -3.41%
[DCF] Fair Price = unknown (Cash Flow -815.0m)
EPS Correlation: 86.59 | EPS CAGR: 18.02% | SUE: 2.09 | # QB: 3
Revenue Correlation: 89.89 | Revenue CAGR: 9.59% | SUE: 2.91 | # QB: 6
EPS current Quarter (2027-02-28): EPS=5.18 | Chg30d=+4.46% | Revisions=+42% | Analysts=9
EPS current Year (2026-11-30): EPS=21.26 | Chg30d=+12.05% | Revisions=+79% | GrowthEPS=+61.2% | GrowthRev=+29.0%
EPS next Year (2027-11-30): EPS=22.34 | Chg30d=+4.31% | Revisions=+79% | GrowthEPS=+5.1% | GrowthRev=+3.1%
[Analyst] Revisions Ratio: +79% (up=29, down=2)