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Upturn AI SWOT - About
SNX 
Synnex Corporation (SNX)
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Stock price based on last close (see disclosures)
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Upturn Advisory Summary
06/30/2025: SNX (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Number of Analysts
12 Analysts rated it
These Stocks/ETFs, based on Upturn Advisory, frequently surpass the market, reflecting reliable and trustworthy advice.
Year Target Price $150.25
Year Target Price $150.25
| 5 | Strong Buy |
| 5 | Buy |
| 2 | Hold |
| 0 | Under performing |
| 0 | Sell |
Analysis of Past Performance
Type Stock | Historic Profit 1% | Avg. Invested days 37 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  3.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 06/30/2025 |
Key Highlights
Company Size Large-Cap Stock | Market Capitalization 11.12B USD | Price to earnings Ratio 15.87 | 1Y Target Price 150.25 |
Price to earnings Ratio 15.87 | 1Y Target Price 150.25 | ||
Volume (30-day avg) 12 | Beta 1.19 | 52 Weeks Range 91.83 - 144.47 | Updated Date 06/30/2025 |
52 Weeks Range 91.83 - 144.47 | Updated Date 06/30/2025 | ||
Dividends yield (FY) 1.31% | Basic EPS (TTM) 8.55 |
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 2025-06-23 | When Before Market | Estimate 3.03 | Actual 2.99 |
Profitability
Profit Margin 1.21% | Operating Margin (TTM) 2.2% |
Management Effectiveness
Return on Assets (TTM) 2.71% | Return on Equity (TTM) 8.91% |
Valuation
Trailing PE 15.87 | Forward PE 11.29 | Enterprise Value 14379783600 | Price to Sales(TTM) 0.19 |
Enterprise Value 14379783600 | Price to Sales(TTM) 0.19 | ||
Enterprise Value to Revenue 0.24 | Enterprise Value to EBITDA 8.66 | Shares Outstanding 81920000 | Shares Floating 72850637 |
Shares Outstanding 81920000 | Shares Floating 72850637 | ||
Percent Insiders 6.48 | Percent Institutions 91.72 |
Analyst Ratings
Rating 4 | Target Price 150.25 | Buy 5 | Strong Buy 5 |
Buy 5 | Strong Buy 5 | ||
Hold 2 | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Synnex Corporation
Company Overview
History and Background
Synnex Corporation, founded in 1980, is a leading technology solutions distributor and IT services provider. 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 from leading manufacturers. It serves resellers, retailers, and system integrators.
- Concentrix: A customer engagement and business performance company spun off from Synnex, providing customer experience (CX) solutions and technology.
Leadership and Structure
Rich Hume is the CEO of TD Synnex. The company operates with a divisional structure for its technology solutions business.
Top Products and Market Share
Key Offerings
- IT Distribution: Synnex, now TD Synnex, distributes a broad range of IT products including PCs, servers, networking equipment, and software from vendors like HP, Dell, Cisco, and Microsoft. The IT distribution market is highly competitive, competitors include Ingram Micro, and Arrow Electronics. TD Synnex claims to be the world's largest IT distributor. Revenue is linked to the overall IT spend in the market and vendor relationships. Market share and precise revenue details are difficult to extract as it is wrapped in the TD Synnex financials.
- Cloud Solutions: TD Synnex provides a platform for resellers to offer cloud services to their customers. This includes Infrastructure as a Service (IaaS), Platform as a Service (PaaS), and Software as a Service (SaaS) offerings. The competitive landscape includes cloud marketplaces from companies like AWS, Microsoft Azure, and Google Cloud. TD Synnex benefits from relationships with these hyper-scalers
Market Dynamics
Industry Overview
The IT distribution industry is characterized by consolidation, margin pressure, and a shift towards cloud-based solutions and services. Growth is dependent on IT spending trends and vendor relationships.
Positioning
TD Synnex is a leading global IT distributor. Its scale provides a competitive advantage in sourcing and distribution logistics.
Total Addressable Market (TAM)
The global IT spending market is estimated to be over $4 trillion. TD Synnex plays a pivotal role in this market. While not directly capturing the end-user spend, TD Synnex facilitates a large portion of the vendor's access to it.
Upturn SWOT Analysis
Strengths
- Large scale and global reach
- Strong vendor relationships
- Diversified product portfolio
- Efficient distribution network
Weaknesses
- Low profit margins
- Dependence on vendors
- Susceptibility to economic cycles
- Complex supply chain
Opportunities
- Growth in cloud computing
- Expansion into emerging markets
- Increased demand for IT services
- Acquisitions of smaller distributors
Threats
- Increased competition
- Disruptive technologies
- Economic downturns
- Supply chain disruptions
Competitors and Market Share
Key Competitors
- Ingram Micro (private)
- Arrow Electronics (ARW)
- Tech Data (now part of TD Synnex)
Competitive Landscape
TD Synnex's size is a major advantage. Competition revolves around vendor relationships, service offerings, and pricing.
Major Acquisitions
Westcon-Comstor Americas
- Year: 2017
- Acquisition Price (USD millions): 830
- Strategic Rationale: Expanded Synnex's presence in networking and security solutions.
Growth Trajectory and Initiatives
Historical Growth: Synnex's historical growth was driven by organic expansion and acquisitions. The TD Synnex merger aimed to create a larger, more diversified IT solutions provider.
Future Projections: Future growth will be driven by increased IT spending, cloud adoption, and expansion into new markets. Refer to analyst estimates for TD Synnex (SNX).
Recent Initiatives: The TD Synnex merger is the most significant recent initiative. Integration efforts and synergy realization will be key.
Summary
TD Synnex is a leading IT distributor benefiting from its large scale and strong vendor relationships. The merger with Tech Data has created a larger and more diversified entity. Its low profit margins and dependence on economic cycles remain key challenges. Cloud growth and emerging markets offer opportunities for future expansion.
Peer Comparison
Sources and Disclaimers
Data Sources:
- TD Synnex Investor Relations
- Industry Reports (e.g., Gartner, IDC)
- Financial News Articles
- Company Filings (SEC)
Disclaimers:
The information provided is for informational purposes only and does not constitute financial advice. Market share data is approximate and based on publicly available information. Financial data should be verified with official company filings.
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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