Company Valuation: TD SYNNEX Corporation

Data adjusted to current consolidation scope
Fiscal Period: November 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 9,933 9,775 8,838 10,125 12,418 20,306 - -
Change - -1.59% -9.58% 14.55% 22.65% 63.53% - -
Enterprise Value (EV) 1 9,933 13,356 11,887 12,973 14,593 24,345 23,778 23,562
Change - 34.46% -11% 9.13% 12.49% 66.83% -2.33% -0.91%
P/E 16.6x 15.1x 14.7x 15x 15.3x 13.9x 12.4x 10.5x
PBR - 1.21x 1.07x 1.24x 1.49x 2.11x 1.86x 1.61x
PEG - 1.78x -14.22x 0.8x 0.6x 0.2x 1x 0.6x
Capitalization / Revenue 0.31x 0.16x 0.15x 0.17x 0.2x 0.25x 0.23x 0.21x
EV / Revenue 0.31x 0.21x 0.21x 0.22x 0.23x 0.3x 0.27x 0.24x
EV / EBITDA 10.5x 7.32x 6.79x 7.47x 7.67x 8.66x 7.64x 6.69x
EV / EBIT 11x 7.75x 7.24x 7.97x 8.18x 9.12x 7.92x 6.81x
EV / FCF 13.2x -80.1x 9.45x 12.4x 10.5x 206x 17.1x 13x
FCF Yield 7.6% -1.25% 10.6% 8.04% 9.52% 0.48% 5.84% 7.68%
Dividend per Share 2 0.8 1.2 1.4 1.64 1.76 1.925 2.034 2.233
Rate of return 0.77% 1.17% 1.42% 1.38% 1.15% 0.75% 0.79% 0.87%
EPS 2 6.24 6.77 6.7 7.95 9.95 18.43 20.77 24.53
Distribution rate 12.8% 17.7% 20.9% 20.6% 17.7% 10.4% 9.79% 9.11%
Net sales 1 31,614 62,344 57,555 58,452 62,508 80,522 88,430 97,355
EBITDA 1 946.4 1,824 1,750 1,737 1,903 2,812 3,113 3,524
EBIT 1 902.1 1,724 1,642 1,627 1,785 2,669 3,002 3,462
Net income 1 395.1 651.3 626.9 689.1 827.7 1,427 1,658 1,942
Net Debt 1 - 3,581 3,049 2,848 2,175 4,039 3,472 3,255
Reference price 2 103.46 102.30 98.64 118.99 152.48 256.85 256.85 256.85
Nbr of stocks (in thousands) 96,008 95,550 89,601 85,088 81,438 79,059 - -
Announcement Date 1/11/22 1/10/23 1/9/24 1/10/25 1/8/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
14.01x0.3x8.69x0.75% 20.41B
22.06x1.86x14.69x0.47% 343B
7.96x4.46x5.55x-.--% 253B
26.61x10.79x19.13x0.33% 208B
23.28x8.3x16.04x0.13% 163B
21.77x2.05x10.47x0.92% 81.63B
19.27x0.5x8.98x1.66% 56.09B
134.15x8.26x36.39x-.--% 43.34B
32.69x5.76x19.58x1.28% 41.88B
26.86x4.84x14.64x1% 41.09B
Average 32.87x 4.71x 15.42x 0.65% 125.2B
Weighted average by Cap. 24.24x 5.08x 14.04x 0.42%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA



Year-on-year evolution of the Yield

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