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 global distributor and solutions aggregator for the IT ecosystem. Its edge-to-cloud portfolio is anchored in some of the technology segments including cloud, cybersecurity, big data/analytics, IoT, mobility, and everything as a service.
A quick look at the share price history for Synnex Corp (below) over the past twelve months shows that the price is up 2%. Here’s why the company remains undervalued.
Summary
Market Cap: $6.08 Billion
Enterprise Value: $6.06 Billion
Operating Earnings
Operating Earnings: $925 Million
Acquirer’s Multiple
Acquirer’s Multiple: 6.55
Free Cash Flow (TTM)
Free Cash Flow: $790 Million
FCF/EV Yield
FCF/EV Yield: 13%
Other Indicators
Piotroski F-Score: 6
Altman Z-Score: 5.09
Beneish M-Score: -3.15
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