TD SYNNEX vs Synnex Which Is Stronger?
TD SYNNEX and Synnex are two separate companies that often get confused due to their similar names. TD SYNNEX is a leading global technology distributor, while Synnex Corporation operates as a business process services company. Despite their distinctions, investors frequently compare the performance of their stocks. Both companies have shown strong financial growth and stability over the years, making them popular choices for investment portfolios. Understanding the differences between these two companies can help investors make informed decisions when considering their stock options.
TD SYNNEX or Synnex?
When comparing TD SYNNEX and Synnex, different investors may prioritize various metrics based on their investment strategies and goals. So, ask yourself what type of investor you are. This will guide you in determining which metrics are most important for your investment decision between TD SYNNEX and Synnex.
Dividend Investors:
Dividend investors look for stable and growing income streams, using dividend metrics to assess potential investments. A company's dividend yield essentially measures the size of its dividend relative to the total market value of the company.
TD SYNNEX has a dividend yield of 1.63%, while Synnex has a dividend yield of 2.4%. Beyond the yield itself, considering the growth and sustainability of these dividends is also crucial. TD SYNNEX reports a 5-year dividend growth of 0.00% year and a payout ratio of 19.88%. On the other hand, Synnex reports a 5-year dividend growth of 2.42% year and a payout ratio of 50.64%.
Value Investors:
Value investors focus on financial metrics to determine a stock's intrinsic value compared to its market value. The Price-to-Earnings (P/E) Ratio links stock price to a company's earnings per share, with TD SYNNEX P/E ratio at 15.25 and Synnex's P/E ratio at 21.10. Another crucial valuation metric is the Price-to-Book (P/B) Ratio, which compares stock price with book value per share. TD SYNNEX P/B ratio is 1.27 while Synnex's P/B ratio is 3.03.
Growth Investors:
Growth investors prioritize metrics indicative of a company's expansion potential. Focusing on top-line growth, TD SYNNEX has seen a 5-year revenue growth of 0.28%, while Synnex's is -0.04%. Return on Equity (ROE) measures how effectively a company uses equity investment to generate earnings, with TD SYNNEX's ROE at 8.42% and Synnex's ROE at 14.65%.
Retail Investors:
Retail investors often consider stock affordability and company familiarity. For example, day low prices are $122.97 for TD SYNNEX and ฿14.70 for Synnex. Over the past year, TD SYNNEX's prices ranged from $94.13 to $133.85, with a yearly change of 42.20%. Synnex's prices fluctuated between ฿9.10 and ฿16.20, with a yearly change of 78.02%. Brand recognition also plays a role, as familiarity with a company can influence investment decisions.