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Upturn AI SWOT - About
SNX 
Synnex Corporation (SNX)
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Upturn Advisory Summary
03/26/2025: SNX (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Analysis of Past Performance
Type Stock | Historic Profit -31.88% | Avg. Invested days 30 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 03/26/2025 |
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 8.64B USD | Price to earnings Ratio 12.98 | 1Y Target Price 139.17 |
Price to earnings Ratio 12.98 | 1Y Target Price 139.17 | ||
Volume (30-day avg) 628000 | Beta 1.43 | 52 Weeks Range 98.00 - 145.10 | Updated Date 04/1/2025 |
52 Weeks Range 98.00 - 145.10 | Updated Date 04/1/2025 | ||
Dividends yield (FY) 1.69% | Basic EPS (TTM) 8 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date 2025-03-24 | When Before Market | Estimate 2.91 | Actual 2.8 |
Profitability
Profit Margin 1.16% | Operating Margin (TTM) 2.1% |
Management Effectiveness
Return on Assets (TTM) 2.73% | Return on Equity (TTM) 8.48% |
Valuation
Trailing PE 12.98 | Forward PE 8.55 | Enterprise Value 12437237360 | Price to Sales(TTM) 0.15 |
Enterprise Value 12437237360 | Price to Sales(TTM) 0.15 | ||
Enterprise Value to Revenue 0.21 | Enterprise Value to EBITDA 7.8 | Shares Outstanding 83216000 | Shares Floating 74344342 |
Shares Outstanding 83216000 | Shares Floating 74344342 | ||
Percent Insiders 6.49 | Percent Institutions 91.54 |
Analyst Ratings
Rating 4.33 | Target Price 142.58 | Buy 4 | Strong Buy 6 |
Buy 4 | Strong Buy 6 | ||
Hold 2 | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Synnex Corporation
Company Overview
History and Background
Synnex Corporation was founded in 1980 and has grown into a leading provider of IT distribution, supply chain management, and cloud solutions. It merged with Tech Data in 2021 to form TD SYNNEX.
Core Business Areas
- Technology Solutions: Distribution of IT products, including hardware, software, and peripherals, to resellers and retailers.
- Concentrix: Customer engagement and business process outsourcing services (Concentrix was spun off from Synnex).
Leadership and Structure
Rich Hume is the CEO of TD SYNNEX. The company operates with a global structure, organized by region and business segment.
Top Products and Market Share
Key Offerings
- IT Distribution: Distributes a wide range of IT products from leading manufacturers like HP, Lenovo, and Microsoft. Market share varies by product category and region. Competitors include Ingram Micro and Tech Data. Specific market share data is dynamic and varies by product and region.
- Cloud Solutions: Offers cloud services and solutions through its partners. The market for cloud services is highly competitive with major players like AWS, Microsoft Azure, and Google Cloud. Synnex focuses on enabling its reseller partners to offer these services. Revenue data is not publicly broken down by specific solution.
Market Dynamics
Industry Overview
The IT distribution market is characterized by high volume, low margins, and intense competition. The industry is consolidating, with larger players gaining scale and efficiency. Cloud services are a rapidly growing segment.
Positioning
Synnex Corporation is a major player in the IT distribution market, leveraging its scale, relationships with vendors, and logistics capabilities to serve a broad range of customers. They position themselves as a value-added distributor, offering services beyond simple product distribution.
Total Addressable Market (TAM)
The global IT distribution market is estimated at hundreds of billions of dollars. The cloud services market is also a multi-billion dollar market. TD SYNNEX is positioned to capture a portion of this TAM through its distribution and cloud solutions offerings.
Upturn SWOT Analysis
Strengths
- Extensive product portfolio
- Strong vendor relationships
- Global distribution network
- Value-added services
Weaknesses
- Low profit margins
- Dependence on vendor relationships
- Exposure to economic cycles
- Intense competition
Opportunities
- Growth in cloud computing
- Expansion into new markets
- Acquisitions of smaller competitors
- Increased demand for IT security solutions
Threats
- Disruptive technologies
- Economic downturns
- Increased competition from online retailers
- Changes in vendor programs
Competitors and Market Share
Key Competitors
- INGR
- AVD
Competitive Landscape
TD SYNNEX competes on price, product selection, and service. They are one of the largest players, allowing them to achieve economies of scale. However, smaller competitors may be more nimble and focused on specific niches.
Major Acquisitions
Tech Data
- Year: 2021
- Acquisition Price (USD millions): 7200
- Strategic Rationale: The merger with Tech Data created a global leader in IT distribution, expanding product offerings and geographic reach.
Growth Trajectory and Initiatives
Historical Growth: Historical growth trends are now reflected in TD SYNNEX (SNX) performance.
Future Projections: Future projections should be based on analyst estimates for TD SYNNEX (SNX).
Recent Initiatives: Recent strategic initiatives are undertaken by TD SYNNEX (SNX).
Summary
TD SYNNEX is a major player in the IT distribution market, benefiting from its scale and relationships. Low profit margins remain a challenge, and the company must adapt to changes in the technology landscape, including the growth of cloud computing and direct-to-consumer sales. Synergies from the Tech Data acquisition will be crucial for future growth, as is maintaining strong relationships with major vendors. The business should monitor disruptors in the technology sector.
Similar Companies
- INGR
- AVD
- MSFT
- AAPL
Sources and Disclaimers
Data Sources:
- TD SYNNEX (SNX) Investor Relations
- Industry Analyst Reports
- Company Press Releases
Disclaimers:
This analysis is based on publicly available information and is not financial advice. Market conditions can change rapidly, and actual results may vary.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Synnex Corporation
Exchange NYSE | Headquaters Fremont, CA, United States | ||
IPO Launch date 2003-11-25 | CEO, President & Director Mr. Patrick Zammit | ||
Sector Technology | Industry Electronics & Computer Distribution | Full time employees 23000 | Website https://www.tdsynnex.com/us |
Full time employees 23000 | Website https://www.tdsynnex.com/us | ||
TD SYNNEX Corporation operates as a distributor and solutions aggregator for the information technology (IT) ecosystem. 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 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.
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