SNX Stock Analysis: Synnex | NYSE

Endpoint Devices, Data Center Hardware, Cloud Platforms, Reseller Financing

Total Rating 64

Safety 82

Buy Signal 0.84

Electronics & Computer Distribution
Industry Rotation: +4.2

Market Cap: 21.5B
Avg Turnover: 264M

Risk 3d forecast

Volatility39.6%

VaR 5^th Pctl6.11%

VaR vs Median-5.05%

Reward TTM

Sharpe Ratio1.56

Rel. Str. IBD92.2

Rel. Str. Peer Group61.1

Character TTM

Beta1.360

Beta Downside1.076

Hurst Exponent0.536

Drawdowns 3y

Max DD33.78%

CAGR/Max DD1.29

CAGR/Mean DD6.17

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

Below Avwap Earnings

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 (NYSE: SNX) is a global IT distributor and solutions aggregator operating across the United States, Europe, and international markets. The company distributes a broad range of endpoint products (personal computing devices, peripherals, mobile phones, printers) and advanced data center solutions including hybrid cloud, security, storage, networking, servers, and software. Beyond product distribution, TD SYNNEX provides value-added services such as thermal and power-draw testing, depot repair, logistics support, cloud services, financing arrangements (including floor plan financing and device-as-a-service), and marketing support for resellers.

The company serves a diverse customer base including value-added resellers, corporate and government resellers, system integrators, direct marketers, retailers, and managed service providers. TD SYNNEX also maintains strategic alliances-such as its partnership with EigenQ focused on post-quantum security readiness for AMD EPYC-based server environments-to extend its technical advisory capabilities.

As a Technology Distributor within the Information Technology sector, TD SYNNEX operates in a low-margin, high-volume business model that sits between major OEMs (such as Dell, HP, Cisco, and Apple) and downstream resellers. The company was formed through the 2021 merger of SYNNEX Corporation and Tech Data, combining two of the largest IT distribution businesses and creating a global distributor with significant scale across both consumer and enterprise technology channels.

Headlines to Watch Out For

AI infrastructure spending lifts Advanced Solutions segment growth
Endpoint Solutions revenue pressured by softening global PC demand
Tech Data merger synergies expand operating margin and cash flow

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 -3.00

DSRI: 1.09 (Receivables 15.9b/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 = -3.00 (Cap -4..+1) = A

What is the price of SNX shares?

As of October 09, 2026, the stock is trading at USD 267.46 with a total of 588,948 shares traded. Over the past week, the price has changed by -1.58%, over one month by +3.43%, over three months by +9.20% and over the past year by +67.91%.

Current recommended Stop Loss: 246.60 (which is 7.8% or 2 ATR below the current price).

Is SNX a buy, sell or hold?

Synnex has received a consensus analysts rating of 4.45. Therefore, it is recommended to buy SNX.

StrongBuy: 6
Buy: 4
Hold: 1
Sell: 0
StrongSell: 0

What are the forecasts/targets for the SNX price?

Analysts Target Price	339.6	27%

Synnex (SNX) - Fundamental Data Overview as of 03 October 2026

Market Cap USD = 21.5b (21.5b USD * 1.0 USD.USD)
P/E Trailing = 16.6622
P/E Forward = 12.7226
P/S = 0.2839
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 (from shortLongTermDebtTotal, last quarter) + Leases 178.7m
Net Debt = 4.95b USD (calculated: Debt 5.70b - CCE 749.3m)
Enterprise Value = 26.4b USD (21.5b + Debt 5.70b - CCE 749.3m)
Interest Coverage Ratio = 5.30 (Ebit TTM 2.05b / Interest Expense TTM 387.4m)
EV/FCF = -32.44x (Enterprise Value 26.4b / FCF TTM -815.0m)
FCF Yield = -3.08% (FCF TTM -815.0m / Enterprise Value 26.4b)
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 = 0.63 (Enterprise Value 26.4b / 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 = -6.08 (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 = 9.61% (E(21.5b)/V(27.2b) * Re(10.77%) + D(5.70b)/V(27.2b) * Rd(6.80%) * (1-Tc(0.23)))
Discount Rate = 10.77% (= 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=5.30 | Chg30d=+6.91% | Revisions=+42% | Analysts=9
EPS current Year (2026-11-30): EPS=21.25 | Chg30d=+11.98% | Revisions=+79% | GrowthEPS=+61.1% | GrowthRev=+28.8%
EPS next Year (2027-11-30): EPS=24.29 | Chg30d=+13.43% | Revisions=+79% | GrowthEPS=+14.3% | GrowthRev=+9.8%
[Analyst] Revisions Ratio: +79% (up=29, down=2)