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SYNNEX Corp Stock Research

SNX

101.45USD-1.07(-1.04%)Market Closed

Market Summary

USD101.45-1.07
Market Closed
-1.04%

SNX Alerts

SNX Stock Price

SNX RSI Chart

SNX Valuation

Market Cap

9.6B

Price/Earnings (Trailing)

14.82

Price/Sales (Trailing)

0.15

EV/EBITDA

10.04

Price/Free Cashflow

-83.98

SNX Price/Sales (Trailing)

SNX Profitability

Operating Margin

6.26%

EBT Margin

1.33%

Return on Equity

8.12%

Return on Assets

2.19%

Free Cashflow Yield

-1.19%

SNX Fundamentals

SNX Revenue

Revenue (TTM)

62.3B

Revenue Y/Y

4.08%

Revenue Q/Q

5.81%

SNX Earnings

Earnings (TTM)

651.3M

Earnings Y/Y

85.22%

Earnings Q/Q

48.64%

Price Action

52 Week Range

78.86114.41
(Low)(High)

Last 7 days

-7.0%

Last 30 days

9.3%

Last 90 days

9.8%

Trailing 12 Months

2.0%

SNX Financial Health

Current Ratio

1.25

Debt/Equity

0.48

Debt/Cashflow

-0.01

SNX Investor Care

Dividend Yield

1.18%

Dividend/Share (TTM)

1.2

Shares Dilution (1Y)

85.50%

Diluted EPS (TTM)

6.77

Peers (Alternatives to SYNNEX)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
40.0B
16.3B
11.69% -7.16%
16.48
2.46
9.10% 7.39%
31.8B
5.4B
5.84% 10.14%
28.26
5.86
9.69% 25.73%
31.1B
14.2B
17.12% -6.47%
16.54
2.19
3.27% 12.16%
26.2B
23.8B
10.16% 7.64%
25.08
1.1
17.82% 3.06%
14.9B
5.7B
28.46% -32.99%
30.01
2.57
5.07% -44.62%
MID-CAP
9.6B
62.3B
9.30% 1.97%
14.82
0.15
97.20% 64.86%
7.5B
36.8B
15.51% -2.04%
5.19
0.2
8.56% 48.90%
7.1B
1.6B
52.31% 44.82%
50.87
4.37
14.99% 160.48%
4.3B
25.5B
13.89% 16.30%
5.64
0.17
24.91% 136.71%
3.9B
10.5B
13.80% 22.34%
14.68
0.37
14.55% 25.96%
SMALL-CAP
1.3B
3.2B
4.35% 13.67%
13.59
0.39
15.34% 45.39%
827.9M
3.6B
15.04% 9.22%
9.12
0.23
11.24% 103.12%
203.6M
-
31.97% -26.65%
-3.12
13.82
131.94% -44.86%
50.2M
15.3M
35.89% -29.52%
-11.72
3.28
-1.62% 18.07%
26.9M
305.0M
2.70% -81.36%
-0.11
0.09
740.06% -437.20%

Financials for SYNNEX

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Revenue1.0%62,34461,70751,55842,14531,614
Gross Profit3.1%3,9003,7843,1802,5541,890
  S&GA Expenses0.8%2,6272,6072,1391,6441,154
EBITDA15.1%1,2901,121857--
EBITDA Margin13.9%0.02*0.02*0.02*--
Earnings Before Taxes25.4%827660599525466
EBT Margin24.1%0.01*0.01*0.01*--
Interest Expenses-117----
Net Income18.5%651550495440395
Net Income Margin17.3%0.01*0.01*0.01*--
Free Cahsflow-227.8%-114.8990129--
* denotes actual numbers (not divided by Millions)
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Assets2.2%29,73429,09228,05828,72327,666
  Current Assets3.1%20,50119,88218,53518,94917,734
    Cash Equivalents49.0%523351522510994
  Inventory-7.1%9,0679,7558,4347,8836,643
  Net PPE2.1%421412418430483
  Goodwill0.8%3,8043,7753,8573,9123,917
Liabilities1.8%21,70821,32020,07620,70119,760
  Current Liabilities3.1%16,42915,93114,66015,20714,233
  Long Term Debt-1.2%3,8363,8823,9033,9353,955
Shareholder's Equity3.3%8,0267,7727,9828,0227,906
  Retained Earnings12.7%1,7081,5161,3961,2751,172
  Additional Paid-In Capital0.5%7,3747,3407,3167,2947,271
Accumulated Depreciation-225----
Shares Outstanding-0.4%959596--
* denotes actual numbers (not divided by Millions)
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Cashflow From Operations-123.7%-49.60209221-535.64810
  Share Based Compensation-3.9%9195826953
Cashflow From Investing88.7%-115.51-1,026.46-991.48-973.52-952.35
Cashflow From Financing90.1%-275.59-2,784.52-300.61609-392.62
  Dividend Payments9.1%115105876950
  Buy Backs50.6%1258353240
* denotes actual numbers (not divided by Millions)

Risks for SNX

What is the probability of a big loss on SNX?

80%


Probability that SYNNEX stock will be more than 20% underwater in next one year

43.9%


Probability that SYNNEX stock will be more than 30% underwater in next one year.

27.7%


Probability that SYNNEX stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does SNX drawdown profile look like?

Y-axis is the maximum loss one would have experienced if SYNNEX was unfortunately bought at previous high price.

Drawdowns

Returns for SNX

Cumulative Returns on SNX

19.7%


10-Year Cumulative Returns

14.4%


7-Year Cumulative Returns

11.5%


5-Year Cumulative Returns

13.7%


3-Year Cumulative Returns

What are the long-term rolling returns for SNX?

FIve years rolling returns for SYNNEX.

Annualized Returns

Which funds bought or sold SNX recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-01-26
OREGON PUBLIC EMPLOYEES RETIREMENT FUND
unchanged
-
166,354
1,166,350
0.01%
2023-01-26
STRS OHIO
added
72.75
937,000
1,859,000
0.01%
2023-01-26
State of Tennessee, Treasury Department
reduced
-15.45
-966,000
2,956,000
0.01%
2023-01-26
Yorktown Management & Research Co Inc
unchanged
-
53,840
378,840
0.46%
2023-01-26
NJ State Employees Deferred Compensation Plan
unchanged
-
80,240
563,240
0.09%
2023-01-26
Riverview Trust Co
new
-
14,000
14,000
0.01%
2023-01-26
DUPONT CAPITAL MANAGEMENT CORP
sold off
-100
-16,000
-
-%
2023-01-26
COMERICA BANK
reduced
-0.83
968,000
4,938,000
0.04%
2023-01-25
FIFTH THIRD BANCORP
added
57.42
45,487
100,487
-%
2023-01-25
WHITTIER TRUST CO OF NEVADA INC
new
-
1,231
1,231
-%

1–10 of 50

Latest Funds Activity

Are funds buying SNX calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own SNX
No. of Funds

SYNNEX News

Best Stocks

River Road Asset Management LLC Invested $99.33 Million in TD ....

Best Stocks,
28 hours ago

Pulse 2.0

InvestorsObserver

TD Synnex Corp (SNX) Stock by the Numbers.

InvestorsObserver,
2 days ago

Simply Wall St

Schedule 13G FIlings of SYNNEX

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Mar 04, 2022
apollo management holdings gp, llc
0.0%
38
SC 13D/A
Feb 14, 2022
mitac international corp
-
5,299,980
SC 13G/A
Feb 09, 2022
fmr llc
-
0
SC 13G/A
Oct 13, 2021
apollo management holdings gp, llc
0.0%
38
SC 13D/A
Oct 08, 2021
blackrock inc.
3.6%
3,472,842
SC 13G/A
Sep 10, 2021
apollo management holdings gp, llc
44.6%
42,793,451
SC 13D
Feb 10, 2021
vanguard group inc
7.61%
3,921,464
SC 13G/A
Feb 09, 2021
mitac international corp
-
5,299,980
SC 13G/A
Feb 08, 2021
fmr llc
-
0
SC 13G/A
Feb 01, 2021
blackrock inc.
6.6%
3,380,121
SC 13G/A

SNX Fair Value

Recent SEC filings of SYNNEX

View All Filings
Date Filed Form Type Document
Jan 26, 2023
4
Insider Trading
Jan 26, 2023
4
Insider Trading
Jan 26, 2023
4
Insider Trading
Jan 26, 2023
4
Insider Trading
Jan 26, 2023
8-K
Current Report
Jan 25, 2023
8-K
Current Report
Jan 25, 2023
424B7
Prospectus Filed
Jan 24, 2023
10-K
Annual Report
Jan 24, 2023
4
Insider Trading
Jan 20, 2023
4
Insider Trading

Latest Insider Trading transactions for SNX

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-01-24
POLK DENNIS
acquired
-
-
11,686
executive chair
2023-01-24
LEUNG SIMON
sold (taxes)
-103,787
109.02
-952
chief business officer
2023-01-24
Witt Marshall
sold (taxes)
-110,655
109.02
-1,015
chief financial officer
2023-01-24
POLK DENNIS
sold (taxes)
-631,662
109.02
-5,794
executive chair
2023-01-24
Urban Michael
acquired
-
-
7,092
americas president
2023-01-24
LEUNG SIMON
acquired
-
-
2,498
chief business officer
2023-01-24
Witt Marshall
acquired
-
-
4,029
chief financial officer
2023-01-24
Urban Michael
sold (taxes)
-196,454
109.02
-1,802
americas president
2023-01-20
POLK DENNIS
sold (taxes)
-3,001,710
109.05
-27,526
executive chair
2023-01-19
POLK DENNIS
sold (taxes)
-23,210.3
106.96
-217
executive chair

1–10 of 50

Richard T. Hume
27000
TD SYNNEX Corporation provides business process services in the United States and internationally. The company distributes PC systems, mobile phones and accessories, printers, peripherals, supplies, endpoint technology software, consumer electronics, information technology (“IT”) systems including data center server and storage solutions, system components, software, networking, communications and security equipment, consumer electronics, and complementary products. It also provides systems design and integration solutions, build-to-order, and configure-to-order assembly capabilities; logistics services that comprise outsourced fulfillment, virtual distribution, and direct ship to end-users; cloud services; online services; and financing services comprising net terms, third party leasing, floor plan financing, and letters of credit backed financing and arrangements. In addition, the company offers marketing services, such as direct mail, external media advertising, reseller product training, targeted telemarketing campaigns, trade shows, trade groups, database analysis, print on demand services, and web-based marketing. It serves resellers, system integrators, and retailers. The company was formerly known as SYNNEX Corporation and changed its name to TD SYNNEX Corporation in September 2021. TD SYNNEX Corporation was incorporated in 1980 and is headquartered in Fremont, California.

SNX Income Statement

2022-11-30
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Nov. 30, 2022
Nov. 30, 2021
Nov. 30, 2020
Income Statement [Abstract]   
Revenue$ 62,343,810$ 31,614,169$ 19,977,150
Cost of revenue(58,443,611)(29,724,635)(18,783,292)
Gross profit3,900,1991,889,5341,193,858
Selling, general and administrative expenses(2,627,007)(1,154,166)(665,102)
Acquisition, integration and restructuring costs(222,319)(112,150)(7,414)
Operating income1,050,873623,218521,341
Interest expense and finance charges, net(222,578)(157,835)(79,023)
Other (expense) income, net(1,165)1,102(6,172)
Income from continuing operations before income taxes827,130466,485436,146
Provision for income taxes(175,823)(71,416)(101,609)
Income from continuing operations651,307395,069334,538
Income from discontinued operations, net of taxes00194,622
Net income$ 651,307$ 395,069$ 529,160
Basic   
Continuing operations (in USD per share)$ 6.79$ 6.28$ 6.50
Discontinued operations (in USD per share)003.78
Net income (in USD per share)6.796.2810.28
Diluted   
Continuing operations (in USD per share)6.776.246.46
Discontinued operations (in USD per share)003.76
Net income (in USD per share)$ 6.77$ 6.24$ 10.21
Weighted-average common shares outstanding:   
Basic (in shares)95,22562,23950,900
Diluted (in shares)95,50962,69851,237

SNX Balance Sheet

2022-11-30
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Nov. 30, 2022
Nov. 30, 2021
Current assets:  
Cash and cash equivalents$ 522,604$ 993,973
Accounts receivable, net9,420,9998,310,032
Receivables from vendors, net819,1351,118,963
Inventories9,066,6206,642,915
Other current assets671,507668,261
Total current assets20,500,86517,734,144
Property and equipment, net421,064483,443
Goodwill3,803,8503,917,276
Intangible assets, net4,422,8774,913,124
Other assets, net585,342618,393
Total assets29,733,99827,666,380
Current liabilities:  
Borrowings, current268,128181,256
Accounts payable13,988,98012,034,946
Other accrued liabilities2,171,6132,017,253
Total current liabilities16,428,72114,233,455
Long-term borrowings3,835,6653,955,176
Other long-term liabilities501,856556,134
Deferred tax liabilities942,2501,015,640
Total liabilities21,708,49219,760,405
Commitments and contingencies (Note 18)
Stockholders’ equity:  
Preferred stock, $0.001 par value, 5,000 shares authorized, no shares issued or outstanding00
Common stock, $0.001 par value, 200,000 shares authorized, 98,696 and 98,204 shares issued as of November 30, 2022 and 2021, respectively9998
Additional paid-in capital7,374,1007,271,337
Treasury stock, 4,049 and 2,633 shares as of November 30, 2022 and 2021, respectively(337,217)(201,139)
Accumulated other comprehensive loss(719,710)(336,194)
Retained earnings1,708,2341,171,873
Total stockholders' equity8,025,5067,905,975
Total liabilities and equity$ 29,733,998$ 27,666,380