Synnex Corp's capital turnover -- a measure of revenue relative to shareholder's equity -- is better than 93.09% of US listed stocks.
SNX's one year PEG ratio, measuring expected growth in earnings next year relative to current common stock price is 352.73 -- higher than 89.87% of US-listed equities with positive expected earnings growth.
SNX's price/sales ratio is 0.32; that's higher than the P/S ratio of only 11.78% of US stocks.
If you're looking for stocks that are quantitatively similar to Synnex Corp, a group of peers worth examining would be AVY, ARW, USFD, GPS, and FIX.
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:
The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for Synnex Corp. To summarize, we found that Synnex Corp ranked in the 87th percentile in terms of potential gain offered. More precisely, our analysis suggests the stock is undervalued by approximately 1402% on a DCF basis. The most interesting components of our discounted cash flow analysis for Synnex Corp ended up being:
The company's balance sheet shows it gets 73% of its capital from equity, and 27% of its capital from debt. Its equity weight surpasses that of only 19.84% of free cash flow generating stocks in the Technology sector.
Synnex Corp's weighted average cost of capital (WACC) is 7%; for context, that number is higher than merely 13.1% of tickers in our DCF set.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Technology that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as SNX, try NPTN, GLGI, BOX, ETSY, and HEAR.
SYNNEX Corporation (SNX) Q3 2020 Earnings Conference Call Sept 29, 2020, 05:00 PM ET Company Participants Dennis Polk - CEO Marshall Witt - CFO Christopher Caldwell - EVP Conference Call Participants Ruplu Bhattacharya - Merrill Lynch Adam Tindle - Raymond James Vincent Colicchio - Barrington Research Matt Sheerin - Stifel...
SA Transcripts on Seeking Alpha | September 30, 2020
Synnex (NYSE:SNX) is scheduled to announce Q3 earnings results on Tuesday, September 29th, after market close.The consensus EPS Estimate is $2.26 (-31.5% Y/Y) and the consensus Revenue Estimate is $5.7B (-8.1% Y/Y).Over the last 2 years, SNX has beaten EPS estimates 100% of the time and has beaten revenue estimates...