TD SYNNEX (NYSE:SNX – Get Free Report) is one of 377 publicly-traded companies in the “Electronic Equipment, Instruments & Components” industry, but how does it compare to its rivals? We will compare TD SYNNEX to similar companies based on the strength of its risk, analyst recommendations, valuation, earnings, profitability, dividends and institutional ownership.
Profitability
This table compares TD SYNNEX and its rivals’ net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| TD SYNNEX | 1.75% | 16.78% | 3.98% |
| TD SYNNEX Competitors | -158.14% | -25.87% | -6.85% |
Insider & Institutional Ownership
84.0% of TD SYNNEX shares are held by institutional investors. Comparatively, 43.5% of shares of all “Electronic Equipment, Instruments & Components” companies are held by institutional investors. 0.7% of TD SYNNEX shares are held by company insiders. Comparatively, 16.2% of shares of all “Electronic Equipment, Instruments & Components” companies are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.
Valuation and Earnings
This table compares TD SYNNEX and its rivals revenue, earnings per share and valuation.
| Gross Revenue | Net Income | Price/Earnings Ratio | |
| TD SYNNEX | $62.51 billion | $827.66 million | 13.91 |
| TD SYNNEX Competitors | $4.00 billion | $172.92 million | 6.13 |
TD SYNNEX has higher revenue and earnings than its rivals. TD SYNNEX is trading at a higher price-to-earnings ratio than its rivals, indicating that it is currently more expensive than other companies in its industry.
Risk and Volatility
TD SYNNEX has a beta of 1.43, indicating that its share price is 43% more volatile than the S&P 500. Comparatively, TD SYNNEX’s rivals have a beta of -0.25, indicating that their average share price is 125% less volatile than the S&P 500.
Dividends
TD SYNNEX pays an annual dividend of $1.92 per share and has a dividend yield of 0.8%. TD SYNNEX pays out 11.7% of its earnings in the form of a dividend. As a group, “Electronic Equipment, Instruments & Components” companies pay a dividend yield of 1.9% and pay out 70.2% of their earnings in the form of a dividend. TD SYNNEX has increased its dividend for 5 consecutive years.
Analyst Ratings
This is a breakdown of current recommendations and price targets for TD SYNNEX and its rivals, as reported by MarketBeat.com.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| TD SYNNEX | 0 | 1 | 7 | 1 | 3.00 |
| TD SYNNEX Competitors | 2047 | 7598 | 10416 | 658 | 2.47 |
TD SYNNEX currently has a consensus price target of $331.14, suggesting a potential upside of 45.03%. As a group, “Electronic Equipment, Instruments & Components” companies have a potential upside of 31.42%. Given TD SYNNEX’s stronger consensus rating and higher probable upside, research analysts plainly believe TD SYNNEX is more favorable than its rivals.
Summary
TD SYNNEX beats its rivals on 13 of the 15 factors compared.
TD SYNNEX Company Profile
TD SYNNEX Corporation operates as a distributor and solutions aggregator for the information technology (IT) ecosystem. The company offers personal computing devices and peripherals, mobile phones and accessories, printers, supplies, and endpoint technology software; and data center technologies, such as hybrid cloud, security, storage, networking, servers, technology software, and converged and hyper-converged infrastructure, as well as computing components. It also provides systems design and rack integration, build-to-order, and configure-to-order assembly; and thermal testing, power-draw testing, burn-in, and quality and logistics support. In addition, the company offers outsourced fulfillment, virtual distribution, and direct ship to end-users; shipping documents generation, multi-level serial number tracking, and configured products and online order and shipment tracking, as well as turn-key logistics solutions. Further, it provides public cloud solutions in productivity and collaboration, IaaS, or Infrastructure as a Service, PaaS, or Platform as a Service, SaaS, or Software as a Service, security, mobility, IoT, and other hybrid solutions. Additionally, the company offers online services; provides net terms, third party leasing, floor plan financing, and letters-of-credit backed financing and arrangement; and leases products and provides device-as-a-service, as well as offers direct mail, external media advertising, reseller product training, targeted telemarketing campaigns, national and regional trade shows, trade groups, database analysis, print on demand services, and web-based marketing. It serves value-added resellers, corporate resellers, government resellers, system integrators, direct marketers, retailers, and managed service providers. The company was formerly known as SYNNEX Corporation and changed its name to TD SYNNEX Corporation in September 2021. TD SYNNEX Corporation was founded in 1974 and is headquartered in Fremont, California.
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