TD SYNNEX Corporation operates as a distributor and solutions aggregator for the information technology (IT) ecosystem. The company offers personal computing devices and peripherals, mobile phones and accessories, printers, supplies, and endpoint technology software; and data center technologies, such as hybrid cloud, security, storage, networking, servers, technology software, and converged and hyper-converged infrastructure, as well as computing components. It also provides systems design and rack integration, build-to-order, and configure-to-order assembly; and thermal testing, power-draw testing, burn-in, and quality and logistics support. In addition, the company offers outsourced fulfillment, virtual distribution, and direct ship to end-users; shipping documents generation, multi-level serial number tracking, and configured products and online order and shipment tracking, as well as turn-key logistics solutions. Further, it provides public cloud solutions in productivity and collaboration, IaaS, or Infrastructure as a Service, PaaS, or Platform as a Service, SaaS, or Software as a Service, security, mobility, IoT, and other hybrid solutions. Additionally, the company offers online services; provides net terms, third party leasing, floor plan financing, and letters-of-credit backed financing and arrangement; and leases products and provides device-as-a-service, as well as offers 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 1974 and is headquartered in Fremont, California.
AI PC Opportunity | Learn how TD SYNNEX is poised to capitalize on the anticipated AI PC refresh cycle, potentially driving significant revenue growth |
Market Outlook | Analysts project margin expansion in FY2025, with an average price target of $136, reflecting mixed views on near-term challenges |
Strategic Investments | Explore TD SYNNNEX's focus on Hyve and advanced IT solutions, positioning for long-term growth in cloud computing and AI |
Billing Boost | TD SYNNEX outpaces market growth with 9% billing increase, showcasing strong demand in key segments despite margin pressures |
Metrics to compare | SNX | Sector Sector - Average of metrics from a broad group of related Technology sector companies | Relationship RelationshipSNXPeersSector | |
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P/E Ratio | 15.4x | 17.2x | 11.1x | |
PEG Ratio | 1.40 | −0.50 | 0.01 | |
Price / Book | 1.3x | 2.1x | 2.4x | |
Price / LTM Sales | 0.2x | 1.6x | 2.1x | |
Upside (Analyst Target) | 11.1% | 9.2% | 20.3% | |
Fair Value Upside | Unlock | 7.5% | 4.0% | Unlock |