As part of our ongoing series here at The Acquirer’s Multiple, we provide this feature article titled ‘Stock in Focus‘ where we focus on one of the stocks from our Stock Screeners.
One of the cheapest stocks in our Stock Screeners is SYNNEX Corporation (NYSE: SNX).
Synnex Corp is a provider of wholesale IT integration, distribution, and outsourcing services. The company operates in a single segment, which is technology solutions. Technology solutions distribute peripheral, IT systems, including data center servers and storage solutions; system components; software, networking, communication, & security equipment; consumer electronics; and complementary products. Synnex distributes its products to more than 25,000 resellers, system integrators, and retailers. Its services include Systems Design and Integration Solutions, Logistics, Cloud, Online, Financing, and Marketing. The majority of the firm’s revenue is derived from the United States of America.
A quick look at the share price history for Synnex Corp (below) over the past twelve months shows that the price is up 180%. Here’s why the company is undervalued.
Summary
Market Cap: $6.14 Billion
Enterprise Value: $6.33 Billion
Operating Earnings
Operating Earnings: $919 Million
Acquirer’s Multiple
Acquirer’s Multiple: 6.89
Free Cash Flow (TTM)
Free Cash Flow: $1.64 Billion
FCF/EV Yield
FCF/EV Yield: 26%
Other Indicators
Piotroski F-Score: 6
Altman Z-Score: 3.05
Beneish M-Score: -2.91
Shareholder Yield
Shareholder Yield: 1%
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