# TD SYNNEX Corporation (SNX) fundamentals

Data as of 2026-11-04. NYSE, United States. Sector: Technology / IT Services. Price $228.04, market value $18.2 billion.

## Valuation
- **P/E (trailing): 13.9×** (5-yr avg 14.8×, 3-yr avg 14.7×). TD SYNNEX Corporation trades at 13.9× trailing earnings, close to its own five-year average of 14.8×. The Technology median in the September 2026 study was 32.1×. Forward P/E is 9.3×, lower than trailing, so analysts expect earnings to grow.
- **PEG: 0.37**. A PEG of 0.37 means the P/E is low relative to expected earnings growth: the market is not paying much for that growth.
- **Price / sales: 0.2×**. Each dollar of revenue is priced at 0.2×, a low multiple typical of thin-margin businesses or out-of-favour stocks.
- **Price / book: 1.9×**. The shares trade at 1.9× book value; book value is a meaningful part of the valuation.
- **EV / EBITDA: 6.8×**. Enterprise value is 6.8× operating earnings before depreciation, the multiple that ignores how the company is financed; below 8× is inexpensive for most sectors.
- **Free-cash-flow yield: -4.5%** (5-yr avg 9.4%). Free cash flow is negative: the business is consuming cash, which is normal for heavy investment phases but a warning otherwise.
- **Earnings yield: 7.2%**. The inverse of the P/E: 7.2% of the price is earned each year.

## Profitability
- **Gross margin: 6.9%**. TD SYNNEX Corporation keeps 6.9% of revenue after the direct cost of what it sells, a thin margin typical of retail, distribution and commodity businesses.
- **Operating margin: 2.7%**. 2.7% of revenue is left after running the business, which leaves little cushion in a downturn.
- **Net margin: 1.3%**. 1.3% of each dollar of sales reaches the bottom line.
- **Return on equity: 9.8%**. 9.8% on shareholders' equity is weak; the business earns little on the capital its owners have in it.
- **Return on invested capital: 23.0%**. Return on all capital, debt included, is 23.0%: comfortably above what that capital costs.
- **Return on assets: 3.9%**. Each dollar of assets produces 3.9% of profit.

## Growth
- **Revenue growth (1 yr): 6.9%** (3-yr 0.1%/yr, 5-yr 25.6%/yr). Revenue grew 6.9% over the last year, against 25.6% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): 25.2%** (3-yr 13.7%/yr, 5-yr -0.5%/yr). Earnings per share rose 25.2%, faster than revenue, so margins expanded or the share count shrank.

## Financial health
- **Debt to equity: 0.12**. Debt is 0.12 times equity: a conservative balance sheet.
- **Net debt / EBITDA: net cash**. TD SYNNEX Corporation holds more cash than debt.
- **Current ratio: 1.21** (quick 1.21). Current assets cover the next year's liabilities 1.21 times.
- **Altman Z-score: 2.88**. A Z-score of 2.88 is in the grey zone; not distressed, not clearly safe.
- **Piotroski F-score: 7/9**. 7 of 9 fundamental checks pass: strong and improving financials.

## Dividends
- **Dividend yield: 0.84%** ($1.92 per share, trailing). TD SYNNEX Corporation yields 0.84%, a modest yield more typical of a growth-oriented payer.
- **Payout ratio: 18%**. 18% of earnings goes out as dividends, leaving room to keep raising it.
- **Consecutive years of increases: 5**. 5 straight years of increases.
- **Dividend growth (5 yr): 54.5%/yr** (1-yr 10.0%). The dividend has compounded at 54.5% a year over five years, doubling roughly every 1 years at that pace.

## Analyst view
- **Analyst consensus: buy** (11 analysts). 11 analysts cover TD SYNNEX Corporation; the consensus is buy, with an average price target of $339.64 (+49% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): 43.1%** (YTD 49.0%, 3-mo -12.4%). The shares are up 43.1% over twelve months including dividends.
- **From 52-week high: -23.7%** (60.3% above the low). Trading 24% below its 52-week high.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 29**. An RSI of 29 is oversold; bounces are common, but oversold can stay oversold in a real decline.
- **Beta (1 yr): 1.44** (volatility 36%). Beta of 1.44 against the S&P 500: the shares move much more than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=SNX · Page: https://foliofundamentals.com/stocks/snx

Not investment advice.
