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Added to YB: 2024-08-27

Pitch date: 2024-08-16

SNX [bullish]

TD SYNNEX Corporation

+34.71%

current return

Author Info

No bio for this author

Company Info

TD SYNNEX Corporation operates as a distributor and solutions aggregator for the information technology (IT) ecosystem.

Market Cap

$12.3B

Pitch Price

$115.55

Price Target

N/A

Dividend

1.17%

EV/EBITDA

8.25

P/E

16.37

EV/Sales

0.26

Sector

Electronic Equipment, Instruments and Components

Category

growth

Show full summary:
FPA Queens Road Small Cap Value Fund Portfolio Holding: TD SYNNEX Corporation

SNX: IT distributor formed by Tech Data-Synnex merger in 2021. GDP+ growth rate, margin improvement potential via software/services sales. Historically cheap sector (<10x P/E). Owned Synnex since 2012, Tech Data 2010-2020. Strong performance due to robust IT/PC market.

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