TD SYNNEX Corporation Common Stock (SNX)

FairStock Score: 59/100 — STEADY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

As a value investor, I start with what the business is: TD SYNNEX is a large IT distributor, moving endpoint devices and advanced data-center solutions for vendors and resellers. Distribution is a scale game, and scale is its main advantage, but it is not a wide-moat franchise. In fiscal Q3 2026, the quarter ended 2026-08-31, revenue was $21.6B, net income was $416.2M and diluted EPS was $5.18. In fiscal Q3 2025, the quarter ended 2025-08-31, revenue was $15.7B, net income was $226.8M and diluted EPS was $2.74. For FY2025, revenue was $62.5B, net income $827.7M and diluted EPS $9.95; FY2024 had revenue $58.5B, net income $689.1M and diluted EPS $7.95. That is real growth. But quality of earnings matters. The latest quarter's net margin was 1.71%, FairStock ROCE is only 3.26%, and trailing free cash flow is $374.6M, a 1.7% FCF yield. At the 2026-10-13 close of $276.04, the FairStock P/E is 19.79, P/B 2.45, EV/EBITDA 11.45, and PEG 0.25. The FairStock Graham Number is $188.17, so the price trades at a -46.70% margin of safety - above that value estimate. Debt/equity is 0.58, FairStock Altman Z is 1.30, and FairStock Piotroski is 4/9. FairStock labels it a Stalwart: profit grew 9.4% a year over five years and revenue 25.6%. Growth and scale are attractive, but thin margins, low capital returns, and a full price temper my enthusiasm.

In plain English: TD SYNNEX distributes computers, phones, printers, data-center gear and software to businesses around the world. It is growing sales and profits, but it earns thin margins and carries meaningful debt. At the recent price, the stock looks expensive relative to its profits, assets and cash flow.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q3 2026 10-Q (period ended 2026-08-31) · fiscal Q2 2026 10-Q (period ended 2026-05-31) · fiscal Q1 2026 10-Q (period ended 2026-02-28) · fiscal Q3 2025 10-Q (period ended 2025-08-31) · FY2025 10-K (period ended 2025-11-30) · FY2024 10-K (period ended 2024-11-30) · FY2023 10-K (period ended 2023-11-30)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer