Stock fact sheet · data as of
TD Synnex Corp (SNX): fair value, margin of safety and Wheel Score
Ticker symbol SNX · Technology · Technology Distributors · United States · Blend
Is SNX undervalued?
SNX has a margin of safety of 36%: the stock closed at 230.39 on 5 Nov 2026 against a GLS average fair value of 358.53. 3 of the 7 valuation models that produced a number sit above the price. Our scans treat a discount this large as a strong starting point for a cash-secured put, not as a verdict - the fair value is a model output, and a wide gap can mean the models are missing something the market knows.
There is a wide gap between DDM (28.25) and GLS Growth (1,024.53). When the models are this far apart the "fair value" is really a range, and the margin of safety above should be read with that range in mind.
Ranked against every other company we cover, neither cheapness nor growth clearly wins for SNX, so the nightly engine files it under Blend (value score 54, growth score 67, out of 100).
Nine valuation models for SNX
Each model turns the latest filed numbers into a value per share; the GLS fair value is the simple average of the ones that produce a positive number. The last two rows are shown for reference and never enter the average. The Quote page lets you switch any model off and add your own margin of safety.
| Model | Value | vs price | What it measures |
|---|---|---|---|
| DCF | 123.71 | -46% | Present value of the projected free cash flows, discounted at the cost of capital |
| Graham Number | 210.28 | -9% | The most a defensive investor pays for the earnings and book value per share |
| Graham Growth | 667.03 | +190% | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields |
| Lynch | 269.97 | +17% | EPS × the earnings growth rate (PEG of 1), growth capped at 25% |
| GLS Growth | 1,024.53 | +345% | EPS compounded ten years at the blended growth rate, discounted back at 15% a year |
| 10 Cap | - | - | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10%; no value tonight |
| Payback Time | - | - | Eight years of compounded free cash flow: the price at which the business pays for itself; no value tonight |
| DDM | 28.25 | -88% | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend |
| EPV | 185.95 | -19% | Earnings power value: current EPS capitalised at 9% with no growth |
| Zombie (liquidation) | -6.41 | -103% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 336.67 | +46% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
TD Synnex Corp scores only 4 of 9 on the Piotroski F-score, which fails the "Piotroski 6 or more" Wheel Trade Filter. A reading this low means several of the basic tests - positive earnings, positive operating cash flow, falling debt, no new share issuance - are not met. On durability SNX scores 5.3/10 on the GLS Moat - a middle reading; the Moat Score tab on the Quote page's Financials view shows which of the four parts hold it back.
Returns on capital are moderate - ROIC 6.3%, ROE 9.8%, ROA 2.4% - with debt at 0.55 times equity and negative free cash flow.
The dividend yield is 0.83% with a payout ratio of 11% - a small yield that leaves most of the earnings in the business. Revenue comes mainly from Product 83%, Service 18% (quarter Q4 FY2020).
Institutional ownership scores 10/10, insider activity 1/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | 4 / 9 | ROIC | 6.3% |
|---|---|---|---|
| GLS Moat | 5.3 / 10 | ROE | 9.8% |
| Debt / equity | 0.55 | ROA | 2.4% |
| Free-cash-flow yield | -4.4% | Payout ratio | 11% |
| Institutions | 10 / 10 | Insiders · Congress | 1 · 5 / 10 |
Wheel Score 49: Weak
With a Wheel Score of 49 TD Synnex Corp sits in the Weak band. It fails filter 4, financially healthy - Piotroski 4/9 (under 6); Option trading (weak) is its weakest part.
Implied volatility is 40% on the near-the-money contracts 20-60 days out - inside the 35-60% sweet spot the Wheel Score rewards most: enough premium to be worth selling, not so much that the risk is unpaid. Chain open interest is 7,563 contracts across all expiries - enough for the wheel at normal size.
Volume runs at 1.0M shares a day on a market cap of $18.4B, with a beta of 1.43 - a high beta, so the stock tends to move more than the market and a strike can be gapped through; the Stability part of the Wheel Score rates that good.
| Filter | Wheel Trade Filter | Result | Detail |
|---|---|---|---|
| 1 | Options that actually trade | Passes | Listed options with 1,000+ contracts of open interest and 100+ traded a day |
| 2 | A real business, not a gamble | Passes | Profitable over the last twelve months - not a speculative stock, fund or note |
| 3 | Below fair value | Passes | Trading below the nine-model average fair value (margin of safety above 0) |
| 4 | Financially healthy | Fails | Piotroski 4/9 (under 6) |
| 5 | Can repay its debt | Passes | Long-term debt repaid from 3 years of operating cash flow or less (6 for real estate and utilities; banks and insurers are not judged on it) |
| 6 | No serious red flags | Passes | Red Flags score 60 or more out of 100 (earnings, margins, debt, analysts, filings and price checked the same way for every stock) |
| 7 | A premium worth selling | Passes | Implied volatility 25-80% (enough premium, not a lottery ticket) |
| 8 | Big enough | Passes | Market cap $1 billion or more |
| 9 | Not a penny stock | Passes | Share price $5 or more |
| How it ranks | Rating | From | |
|---|---|---|---|
| Value | Strong | 36% below fair value | |
| Premium | Strong | implied volatility 40% | |
| Moat | Fair | moat 5.3/10 | |
| Health | Fair | Piotroski 4/9 | |
| Red Flags | Good | Red Flags score 85/100 | |
| Option trading | Weak | 663 contracts a day, 7,563 open interest | |
| Stability | Good | beta 1.43, $18.4B company |
The Wheel Score ranks ~7,400 US stocks for selling cash-secured puts and covered calls: a stock must pass all 9 Wheel Trade Filters to score 70, and the score then ranks the ones that pass; the Sunday Scan is the top 10. It is updated nightly and is not a recommendation. How the Wheel Score works · the walkthrough lesson shows how it fits into a trade, start to finish.
Upcoming events
The next earnings report is due on 14 Jan 2027, 70 days away - outside the window of a 30-45-day put sold today.
No analyst upgrades or downgrades were recorded in the last 30 days.
Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.
Similar stocks in Technology Distributors
The 10 companies below are the closest to TD Synnex Corp by market cap within the Technology Distributors industry, each with its own fact sheet; the Compare page puts up to eight of them side by side.
| Stock | Close | Fair value | MoS | Wheel | Mkt cap |
|---|---|---|---|---|---|
| ARW Arrow Electronics, Inc. | 202.63 | 329.28 | +38% | 53Fair | $10.3B |
| AVT Avnet, Inc. | 85.68 | 84.75 | -1% | 34Weak | $7.0B |
| CNXN PC Connection, Inc. | 87.81 | 44.43 | -98% | 30Weak | $2.2B |
| SCSC ScanSource, Inc. | 56.98 | 116.91 | +51% | 51Fair | $1.2B |
| CLMB Climb Global Solutions, Inc. | 43.05 | 29,153.76 | +100% | 36No options | $803M |
| EACO EACO Corporation | 150.00 | 228.95 | +34% | 37No options | $729M |
| SPRS Surge Components, Inc. | 3.15 | 3.19 | +1% | 19No options | $18M |
| TAIT Taitron Components Incorporated | 1.98 | 3.08 | +36% | 28No options | $10M |
| PGNT Paragon Technologies, Inc. | 4.05 | 39.69 | +90% | 31No options | $7M |
| IZM ICZOOM Group Inc. | 0.7301 | 19.25 | +96% | 34No options | $1M |
Scan the whole market the same way
A free GLS Equity account gets you nightly fair value and the Wheel Score on ~7,400 US stocks, a watchlist, the scanner preview and the Sunday Scan - the top 10 stocks that pass all 9 Wheel Trade Filters, emailed every week. Pro adds the full put and call scanners, unlimited watchlists with alerts and the trade journal.
Start free See the Sunday ScanQuestions about SNX
Is SNX undervalued right now?
By the GLS models, yes: at 230.39 the stock is 36% below the average fair value of 358.53 (data as of 5 Nov 2026). Whether the discount is deserved is the question to research next.
What is the Wheel Score of SNX and what does it mean?
SNX scores 49 out of 100 (Weak) - it fails Wheel Trade Filter 4. The Wheel Score ranks stocks for the wheel strategy - selling cash-secured puts, then covered calls if assigned - in two parts: the 9 pass/fail Wheel Trade Filters (busy options, a real business, below fair value, Piotroski 6 or more, debt it can repay, a Red Flags score of 60 or more, implied volatility of 25-80%, a $1 billion company, $5 a share) and a ranking of how strongly a stock passes on value, premium, moat, health, red flags, option trading and stability. A stock that fails any filter stays under 70; 70-84 is Good, 85 and above is Prime. The Sunday Scan is the top 10 that pass, sorted by Wheel Score.
What is the GLS fair value for SNX?
358.53 per share as of 5 Nov 2026 - the simple average of the 7 valuation models (out of nine: DCF, Graham Number, Graham Growth, Lynch, GLS Growth, 10 Cap, Payback Time, DDM and EPV) that produced a positive value. The models run every night on the latest filings; the Quote page lets you switch any of them off and add a margin of safety of your own.
When does TD Synnex Corp report earnings next?
The next earnings report is due on 14 Jan 2027, 70 days from the data date of 5 Nov 2026. The Calendars page lists every upcoming report with its time of day.
Does SNX have listed options, and how liquid are they?
Yes. The nightly snapshot found 88 listed contracts with 7,563 open interest across all expiries and implied volatility of 40% on the near-the-money contracts. The Options scanner lists the cash-secured put and covered call set-ups with premium and annualised yield worked out.