SYNNEX Corporation distributes a broad range of information technology systems and products, and also provides systems design and integration services. The Concentrix segment offers a portfolio of end-to-end outsourced services around process optimization, customer engagement strategy and back-office automation to clients in ten identified industry verticals. The company was founded in 1980 and is based in Fremont, California.
SNX Price Forecast Based on DCF Valuation
DCF Fair Value Target:
We started the process of determining a valid price forecast for Synnex Corp with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Synnex Corp ranked in the 93th percentile in terms of potential gain offered. Moreover, under all the scenarios we modelled, the output consistently forecasted positive returns. In terms of the factors that were most noteworthy in this DCF analysis for SNX, they are:
The company's balance sheet shows it gets 61% of its capital from equity, and 39% of its capital from debt. Notably, its equity weight is greater than merely 6.8% of US equities in the Technology sector yielding a positive free cash flow.
Synnex Corp's weighted average cost of capital (WACC) is 7%; for context, that number is higher than merely 4.34% of tickers in our DCF set.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
Want more companies with a valuation profile/forecast similar to that of Synnex Corp? See IMOS, ZS, SCSC, SEDG, and CAJ.
CAMPBELL, Calif.--(BUSINESS WIRE)-- #CASB--Bitglass, the Total Cloud Security Company, today announced an agreement with SYNNEX Corporation, a leading provider of distribution, systems design, and integration services for the technology industry, to offer a comprehensive security platform to IT resellers for consistent protections across all apps, devices, web destinations, on-premises resources, and infrastructure. Since its inception in 2013, Bitglass has focused on solving a wide variety of evolving
IT and consumer electronics channel distributor Synnex Technology International has reported consolidated revenues of NT$37.463 billion (US$1.31 billion) for December, the second highest-ever monthly level with growths of 9.68% sequentially and 13.43% on year.
SYNNEX Corporation (SNX) Q4 2020 Earnings Conference Call January 12, 2021 05:00 p.m. ET Company Representative Dennis Polk - President, Chief Executive Officer Marshall Witt - Chief Financial Officer Liz Morali - Senior Manager, Investor Relations Conference Call Participants Tim Yang - Citi Ruplu Bhattacharya - Bank of America Shannon...
SA Transcripts on Seeking Alpha | January 12, 2021
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