Obermatt

Flags

Earnings warning

Synnex Technology

TAI:2347 · TW0002347002
Electronic Equipment, Instruments & ComponentsLarge

360

28
EV / EBIT77
Price / Owner Earnings79
Owner Earnings Yield72
Dividend Yield99
Price/Sales94
EV / Gross Profit42
Price/Book71
Return on Capital26
Cash Return on Capital41
Return on Equity67
EBIT Margin15
Gross Profitability3
Cash Conversion1
Accruals9
Owner Earnings Margin24
Sales growth89
Profit Growth83
Long-Term EPS Growth18
Owner Earnings Growth95
Reinvestment70
Price momentum25
Debt load11
Refinancing97
Debt Payback22
Liquidity26
Analyst ratings66
Opinion Changes50
Price Target Upside62
Market mood81
Value Creation10/20creating some value
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

Synnex Technology clears its cost of capital, but the record is mixed across the five tests. Real value creation, just not yet consistent.

Profile

CountryTaiwan
IndustryElectronic Equipment, Instruments & Components
SizeLarge
TypePublic Company
ExchangeTWSE
Founded1988
ISINTW0002347002
Last UpdateApr 2, 2026
Themes
Software DevelopmentCloud ManagementFast-Moving Consumer GoodsStorage ManagementCloud StorageData IntegrationCloud InfrastructureData Center TechnologyComputerConsumer GoodsInformation ServicesSemiconductor

Description

Synnex Technology International Corporation is a company in the distribution industry that is primarily engaged in the sale of 3C (Computer, Communication, and Consumer Electronics) products and semiconductor products. The company successfully naviga…

Analysis

Deep value

Synnex Technology International Corporation looks superficially cheap, but weak underlying metrics raise the question of whether this is value or a trap.

On valuation, the picture is attractive. The owner-earnings multiple stands at 14.6×; owner earnings: the cash an owner could take out each year.

Growth is solid; the safety picture is fragile. The company scores 10/20 on our value-creation score: creating some value.

Flags to be aware of: Some accounting patterns deserve a closer look. Reported profits have run ahead of actual cash for several periods. As always: this describes the company's numbers; it is not a recommendation.

360° rank · history

1007550250
88
2023202420252026

All-time high

88

Jun 2026

All-time low

16

Jan 2024

Average rank

60

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
94
85
79
83
Price/Earnings
89
70
69
48
Price/Book
71
59
59
44
Dividend Yield
99
92
86
70
Value (overall)
100
92
84
55

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →