SNX

Technology

TD SYNNEX Corporation · Technology Distributors · $19B

UQS Score — Balanced Preset
46.6
Below Average

TD SYNNEX Corporation scores 46.6/100 using the Balanced preset.

UQS vs Technology Sector
SNX
46.6
Sector avg
38.0
Quality
Weak
Moat
Weak
Growth
Weak
Risk
Good
Valuation
Attractive

What is TD SYNNEX Corporation?

TD SYNNEX Corporation is one of the world's largest IT distribution and services companies, connecting technology vendors with resellers, system integrators, and retailers across the globe. Headquartered in Fremont, California, the company operates at the heart of the technology supply chain.

TD SYNNEX acts as a middleman in the technology supply chain, purchasing hardware, software, and cloud services from vendors and distributing them to resellers and retailers. Revenue is generated primarily through product distribution margins, value-added services, and logistics solutions. The company also provides financing, marketing support, and system integration services to its channel partners, helping vendors reach end customers more efficiently.

TD SYNNEX was incorporated in 1980 and is headquartered in Fremont, California.

  • IT hardware distribution including PCs, servers, and storage solutions
  • Cloud services and software distribution
  • Logistics and fulfillment services for technology vendors
  • Configure-to-order and build-to-order assembly capabilities
  • Financing and marketing services for channel partners

Is SNX a Good Stock to Buy?

UQS Score rates SNX as Below Average overall, reflecting meaningful structural challenges across several key pillars.

The clearest bright spots in SNX's profile are its Risk and Valuation pillars. The Risk pillar earns a Good label, suggesting the company's balance sheet and operational stability are relatively sound for its sector. The Valuation pillar is rated Attractive, meaning the stock may be priced below what its fundamentals would typically command.

The Quality, Moat, and Growth pillars all carry Weak labels — pointing to thin margins inherent in distribution, limited pricing power, and subdued growth prospects that weigh on the overall score.

See the exact pillar breakdown and full financial metrics by signing up for a UQS Pro account. Sign up free →

Past performance does not guarantee future results. UQS Score is based on fundamental data and is not a buy/sell recommendation.

Does SNX pay dividends?

Yes — TD SYNNEX Corporation pays a dividend.

TD SYNNEX pays a regular dividend, which is relatively uncommon among technology-sector peers focused purely on growth. For a large-cap distributor operating on thin margins, returning cash to shareholders via dividends signals a degree of financial discipline. Income-oriented investors may find this cadence appealing, though the dividend should be weighed alongside the company's Weak growth and quality profile.

When does SNX report earnings?

TD SYNNEX reports earnings on a quarterly cadence, typical for US-listed large-cap equities.

Given the Weak Growth pillar rating, recent earnings cycles have reflected the pressures common to IT distribution — tight margins and volume-dependent revenue. The Good Risk label suggests the company has managed its cost structure and debt load with reasonable care through recent quarters.

For the most recent quarter's results and upcoming reporting dates, visit TD SYNNEX's investor relations page directly.

SNX Price History

+81.2% over 5Y

Monthly close, adjusted for stock splits and dividend reinvestment.

Return Calculator

What if I invested in TD SYNNEX Corporation?

$
Today it would be worth
$18,533
That's a +85.3% total return, or +13.1% annualized.

Based on TD SYNNEX Corporation's historical closing prices, adjusted for stock splits and dividend reinvestment. Past performance does not guarantee future results. This is for informational purposes only and is not financial advice.

SNX Long-term Outlook

The combination of a Weak Growth pillar and Weak Moat pillar suggests SNX faces a challenging path to meaningfully expanding profitability. Distribution businesses are structurally dependent on vendor relationships and volume, leaving limited room for margin expansion. The Attractive Valuation label, however, indicates the market may already be pricing in these headwinds — which could limit downside for patient investors focused on fundamentals rather than near-term catalysts.

Growth drivers

  • Expansion of cloud and as-a-service distribution as vendors shift business models
  • Cross-selling value-added services and financing to existing channel partners
  • Scale advantages from being one of the largest global IT distributors

Key risks

  • Structural margin compression in hardware distribution limiting quality improvement
  • Dependence on a small number of large technology vendors for a significant share of revenue
  • Macroeconomic slowdowns reducing IT spending by resellers and enterprise customers

SNX vs Peers

TD SYNNEX competes in the IT distribution space alongside several large-cap and mid-cap peers, each with a distinct mix of geographies and product focus.

ARWSNX scores higher
Arrow Electronics, Inc.

Arrow focuses heavily on electronic components and enterprise computing, serving a somewhat different vendor and customer mix than SNX's broader IT distribution model.

AVTSNX scores higher
Avnet, Inc.

Avnet specializes in electronic components distribution and supply chain services, with a stronger emphasis on industrial and embedded technology markets.

NSITSNX scores higher
Insight Enterprises, Inc.

Insight Enterprises leans more toward IT solutions and managed services for enterprise clients, giving it a higher-touch, services-oriented model compared to SNX's volume distribution approach.

Frequently Asked Questions

What does TD SYNNEX do?

TD SYNNEX is a large-cap IT distributor that sources technology products — from PCs and servers to software and cloud services — from vendors and resells them through a network of resellers, system integrators, and retailers. The company also provides logistics, financing, and marketing services to its channel partners.

Does SNX pay dividends?

Yes, TD SYNNEX pays a regular dividend. This is notable for a technology-sector company, as many peers reinvest all cash into growth. The dividend reflects the company's relatively stable cash generation, though investors should consider the Weak Growth and Quality pillar ratings alongside the income component.

When does SNX report earnings?

TD SYNNEX reports earnings on a quarterly cadence, consistent with US-listed large-cap companies. For exact upcoming reporting dates, check the investor relations section of TD SYNNEX's official website, as our data source does not cover specific future earnings dates.

Is SNX a good stock to buy?

UQS Score rates SNX as Below Average, driven by Weak ratings across Quality, Moat, and Growth pillars. The Attractive Valuation and Good Risk labels provide some offset, suggesting the stock may be priced to reflect its challenges. Whether that trade-off suits your portfolio depends on your investment goals — view the full pillar breakdown with a Pro account.

Is SNX overvalued?

Based on the UQS Valuation pillar, SNX is rated Attractive — meaning the stock appears to trade at a discount relative to its fundamentals. This is one of the stronger elements of SNX's profile, though it should be considered alongside the Weak Quality and Growth ratings.

How does SNX compare to its competitors?

SNX competes with Arrow Electronics, Avnet, and Insight Enterprises in the IT distribution space. Each competitor has a distinct product and customer focus. SNX's scale as one of the largest global distributors is a differentiator, though its UQS pillar profile suggests it faces similar structural margin pressures as peers in this sector.

What is SNX's market cap bracket?

TD SYNNEX is classified as a large-cap company, placing it among the larger publicly traded IT distributors. This scale provides some operational advantages in vendor negotiations and logistics, though size alone does not translate to a stronger moat in the distribution business.

Who founded TD SYNNEX?

The company traces its roots to SYNNEX Corporation, which was incorporated in 1980. It became TD SYNNEX in September 2021 following a merger. Founding details are widely available through the company's official history and public filings.

Is SNX a long-term quality investment?

As a long-term quality indicator, SNX's UQS profile raises caution — Weak ratings across Quality, Moat, and Growth suggest the business model faces structural limitations that may persist over time. The Good Risk and Attractive Valuation labels provide some stability, but long-term quality investors typically look for stronger moat and growth characteristics.

What is the main competitive advantage of TD SYNNEX?

TD SYNNEX's primary competitive advantage lies in its scale and established vendor relationships. As one of the world's largest IT distributors, it can offer vendors broad market reach and logistics efficiency. However, the UQS Moat pillar rates this advantage as Weak, reflecting how competitive and margin-thin the distribution industry remains.

What sector does SNX belong to?

TD SYNNEX operates in the Technology sector, specifically within IT distribution and supply chain services. While it handles technology products, its business model is closer to distribution and logistics than to software or semiconductor companies, which typically carry higher margins and stronger moats.

Is SNX a growth stock or value stock?

Based on the UQS pillar profile, SNX leans toward value territory — the Valuation pillar is rated Attractive while the Growth pillar is rated Weak. This combination suggests the stock may appeal more to value-oriented investors than to those seeking high-growth technology exposure.

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Pro Analysis

SNX — Score History

4045505560Apr 2Apr 12Apr 22May 2May 12May 22May 24v5
Score changes· 18 most recent
DateUQSQualityMoatGrowthRiskValueChange
May 21, 202646.927.234.036.270.391.9-0.1
May 19, 202647.027.434.036.270.392.2+0.1
May 16, 202646.927.334.036.270.391.8+0.5
May 9, 202646.426.834.035.870.390.1-1.0
May 7, 202647.430.034.035.870.391.5-0.2
May 6, 202647.630.034.035.870.392.2+0.1
May 3, 202647.530.034.035.770.392.10.0
Apr 28, 202647.530.034.035.770.392.20.0
Apr 26, 202647.530.034.035.670.392.1-0.3
Apr 23, 202647.830.034.035.670.393.9+0.2

SNX — Pillar Breakdown

Quality

26.9/100 (25%)

TD SYNNEX Corporation currently shows below-average quality metrics, suggesting challenges with profitability.

Capital Efficiency (ROIC)Weak

How effectively capital is deployed to generate returns.

Return on EquityWeak

Profitability relative to shareholders' equity.

Operating ProfitabilityWeak

Ability to convert revenue into operating profit.

Net ProfitabilityWeak

Bottom-line profit as a share of revenue.

Gross Profit / AssetsWeak

Asset productivity — how much gross profit each dollar of assets generates.

Cash GenerationModerate

Free cash flow relative to market value.

Growth

36.2/100 (20%)

TD SYNNEX Corporation shows steady but unspectacular growth, typical for mature companies.

Recent Revenue TrendWeak

Revenue trajectory over the last twelve months.

3Y Revenue CAGRWeak

Compound annual revenue growth rate over 3 years.

EPS GrowthModerate

Year-over-year earnings per share growth.

Forward Revenue OutlookWeak

Analyst consensus for future revenue growth.

Forward EPS GrowthStrong

Analyst consensus for future earnings growth.

Risk

70.3/100 (15%)

TD SYNNEX Corporation maintains a reasonable risk profile with manageable debt levels.

Financial LeverageStrong

Debt levels relative to earnings capacity.

Debt/EquityStrong

Total debt relative to shareholder equity.

Current RatioWeak

Short-term liquidity — ability to pay near-term obligations.

Interest CoverageWeak

Earnings capacity relative to interest payments.

Valuation

90.6/100 (15%)

TD SYNNEX Corporation appears attractively valued relative to its earnings, cash flows, and sector peers.

Earnings YieldStrong

Inverse of forward P/E — higher yield means cheaper stock.

Price to Free Cash FlowStrong

How many years of FCF the market cap represents.

PEG RatioStrong

P/E relative to earnings growth — lower is more attractive.

EV/EBITDA vs SectorStrong

Enterprise value multiple relative to sector median.

Moat

34/100 (25%)

TD SYNNEX Corporation operates in a highly competitive environment with limited sustainable advantages. The Moat pillar evaluates competitive advantages across five dimensions: Switching Costs, Network Effects, Cost Advantage, Intangible Assets, and Scale & Ecosystem. Sign in to customize moat ratings for SNX.

Score Composition

Quality
26.9×25%6.7
Growth
36.2×20%7.2
Risk
70.3×15%10.5
Valuation
90.6×15%13.6
Moat
34.0×25%8.5
Total
46.6Below Average

Financial Data

More Stock Analysis

How is the SNX UQS Score Calculated?

The UQS (Unified Quality Score) for TD SYNNEX Corporation is calculated using a proprietary 6-pillar framework with 29 financial metrics. Each pillar evaluates a different dimension on a 0–100 scale, then combines into a single weighted score. Scoring thresholds are calibrated per sector. Momentum is an optional Pro toggle — without it, you get the 5-pillar / 25-metric core shown below.

Quality (25%) measures profitability and capital efficiency — ROIC, ROE, margins, GP/Assets, and FCF Yield.

Moat (25%) assesses TD SYNNEX Corporation's competitive advantages across switching costs, network effects, cost advantages, intangible assets, and ecosystem scale.

Growth (20%) tracks revenue trajectory and earnings momentum, combining historical results with analyst forward estimates.

Risk (15%) is inversely scored — lower leverage and strong balance sheet health result in higher scores.

Valuation (15%) measures whether TD SYNNEX Corporation is fairly priced using earnings yield, price-to-FCF, PEG ratio, and EV/EBITDA relative to sector peers.

Six investor-inspired presets are available, each with different pillar weights: Balanced, Buffett, Munger, Lynch, Cathie Wood, and Graham. The public score shown here uses the Balanced preset. Learn more in our FAQ.