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TD Synnex Corp (SNX) Stock by the Numbers

Thursday, January 26, 2023 12:21 PM | InvestorsObserver Analysts

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TD Synnex Corp (SNX) Stock by the Numbers

TD Synnex Corp (SNX) receives a strong valuation ranking of 98 from InvestorsObserver data analysis. The proprietary ranking system focuses on the underlying health of a company through analysis of its stock price, earnings, and growth rate. SNX has a better value than 98% of stocks based on these valuation analytics. Investors primarily focused on buy-and-hold strategies will find the valuation ranking relevant to their goals when making investment decisions.

Valuation Rank - 98
SNX gets a 98 Valuation Rank today. Find out what this means to you and get the rest of the rankings on SNX!

Metrics Analysis

SNX's trailing-12-month Price to Earnings (PE) ratio of 16.1 puts it around the historical average of roughly 15. SNX is a average value at its current trading price as investors are paying around what its worth in relation to the company's earnings. SNX's trailing-12-month earnings per share (EPS) of 6.78 does justify what it is currently trading at in the market. Trailing PE ratios, however, do not factor in a company's projected growth rate, resulting in some firms having high PE ratios due to high growth potentially enticing investors even if current earnings are low.
SNX's 12-month-forward PE to Growth (PEG) ratio of 0.97 is considered a roughly average value as the market is valuing SNX right in line with its projected earnings growth. SNX's PEG comes from its forward price to earnings ratio being divided by its growth rate. A PEG ratio of 1 represents a perfect correlation between earnings growth and share price. Due to their incorporation of more fundamentals of a company's overall health and focusing on the future rather than the past, PEG ratios are one of the most used valuation metrics by analysts today.

Summary

SNX' has a adequate valuation at its current share price on account of a fairly valued PEG ratio despite strong growth. SNX's PE and PEG are around the market average leading to a average valuation score. Click Here to get the full Report on TD Synnex Corp (SNX) stock.

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