Based on the key measurements obtained from Synnex's financial statements, Synnex is performing exceptionally good at this time. It has a great probability to report excellent financial results in February. At this time, Synnex's Total Liabilities is fairly stable compared to the past year. Total Current Assets is likely to rise to about 24.3 B in 2025, whereas Other Assets are likely to drop slightly above 102.4 M in 2025. Key indicators impacting Synnex's financial strength include:
The essential information of the day-to-day investment outlook for Synnex includes many different criteria found on its balance sheet. An individual investor should monitor Synnex's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Synnex.
Please note, the imprecision that can be found in Synnex's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Synnex. Check Synnex's Beneish M Score to see the likelihood of Synnex's management manipulating its earnings.
Synnex Stock Summary
Synnex competes with Avnet, Insight Enterprises, ScanSource, PC Connection, and Arrow Electronics. TD SYNNEX Corporation provides business process services in the United States and internationally. TD SYNNEX Corporation was incorporated in 1980 and is headquartered in Fremont, California. Synnex Corp operates under Electronics Computer Distribution classification in the United States and is traded on New York Stock Exchange. It employs 22000 people.
Specialization
Information Technology, Electronics & Computer Distribution
An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket.
Cash flow analysis captures how much money flows into and out of Synnex. It measures of how well Synnex is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Synnex brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Synnex had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Synnex has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
Comparative valuation techniques use various fundamental indicators to help in determining Synnex's current stock value. Our valuation model uses many indicators to compare Synnex value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Synnex competition to find correlations between indicators driving Synnex's intrinsic value. More Info.
Synnex is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about 0.33 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Synnex is roughly 2.99 . At this time, Synnex's Return On Equity is fairly stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Synnex's earnings, one of the primary drivers of an investment's value.
Synnex's Earnings Breakdown by Geography
Synnex Systematic Risk
Synnex's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Synnex volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Synnex correlated with the market. If Beta is less than 0 Synnex generally moves in the opposite direction as compared to the market. If Synnex Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Synnex is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Synnex is generally in the same direction as the market. If Beta > 1 Synnex moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Synnex Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Synnex's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Synnex growth as a starting point in their analysis.
Along with financial statement analysis, the daily predictive indicators of Synnex help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Synnex. We use our internally-developed statistical techniques to arrive at the intrinsic value of Synnex based on widely used predictive technical indicators. In general, we focus on analyzing Synnex Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Synnex's daily price indicators and compare them against related drivers.
When running Synnex's price analysis, check to measure Synnex's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Synnex is operating at the current time. Most of Synnex's value examination focuses on studying past and present price action to predict the probability of Synnex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Synnex's price. Additionally, you may evaluate how the addition of Synnex to your portfolios can decrease your overall portfolio volatility.