Added to YB: 2024-08-27
Pitch date: 2024-08-16
SNX [bullish]
TD SYNNEX Corporation
+67.65%
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 in the United States, Europe, and internationally.
Market Cap
$15.0B
Pitch Price
$115.19
Price Target
N/A
Dividend
1.03%
EV/EBITDA
8.60
P/E
15.57
EV/Sales
0.29
Sector
Electronic Equipment, Instruments and Components
Category
growth
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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