Added to YB: 2026-02-16
Pitch date: 2026-02-10
SNX [neutral]
TD SYNNEX Corporation
-7.43%
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
$13.0B
Pitch Price
$174.24
Price Target
N/A
Dividend
1.19%
EV/EBITDA
7.93
P/E
16.23
EV/Sales
0.25
Sector
Electronic Equipment, Instruments and Components
Category
value
FPA Queens Road Small Cap Value Fund Portfolio Holding: TD SYNNEX Corporation
SNX (holding update): World's largest IT distributor, evolved from hardware to software/cloud/AI. Trading at ~10x forward P/E (low end of historical range) despite improved margins, ROIC, and scale vs 10 years ago. Strong recent results post-Covid digestion. $12B market cap suffers from limited long-term SMID ownership despite solid growth history and strong shareholder returns.
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