Arrow Electronics, Inc. (ARW) vs TD SYNNEX Corporation (SNX)

Arrow Electronics, Inc. and TD SYNNEX Corporation are both Electronics & Computer Distribution companies. TD SYNNEX Corporation is the larger, with a market value of $21.2B against $11.6B — 1.8× the size. Arrow Electronics, Inc. trades at the lower P/E: 14.7× against 18.6×. Arrow Electronics, Inc. grew revenue faster over the last twelve months: 26.1% against 16.3%. Arrow Electronics, Inc. has the higher net margin (2.26% vs 1.63%) and the lower return on invested capital (8.41% vs 8.90%). Across the 22 metrics below, Arrow Electronics, Inc. leads on 14 and TD SYNNEX Corporation on 8.

Valuation

Metric ARW SNX Electronics & Computer Distribution median
P/E 14.74 18.65 18.73
P/S 0.33 0.30 0.47
P/B 1.69 2.32 2.01
Price to free cash flow 14.47 55.53 14.47
EV/EBITDA 10.12 11.04 11.04
EV/Sales 0.39 0.35 0.39
Earnings yield 6.78% 5.36% 4.83%
Free cash flow yield 6.91% 1.80% 3.03%

Profitability

Metric ARW SNX Electronics & Computer Distribution median
Gross margin 11.30% 7.05% 14.67%
Operating margin 3.37% 2.57% 2.84%
Net margin 2.26% 1.63% 2.35%
Free cash flow margin 2.30% 0.54% 1.72%
Return on equity 12.03% 13.14% 9.56%
Return on assets 2.59% 3.29% 2.94%
Return on invested capital 8.41% 8.90% 7.54%

Growth

Metric ARW SNX Electronics & Computer Distribution median
Revenue growth (TTM) 26.05% 16.26% 6.09%
EPS growth (last fiscal year) 49.93% 25.16% —
Revenue growth, 5-year CAGR 1.48% 25.63% 1.79%
Net income growth, 5-year CAGR (0.45%) 9.36% 4.24%

Health

Metric ARW SNX Electronics & Computer Distribution median
Debt to equity 0.31 0.53 0.24
Current ratio 1.22 1.20 1.40
Net debt to EBITDA 2.81 1.19 1.23

Dividend

Metric ARW SNX Electronics & Computer Distribution median
Dividend yield — 1.60% 1.60%
Payout ratio 0.00 0.19 0.06

Size

Metric ARW SNX Electronics & Computer Distribution median
Market cap 11.57b 21.19b 1.71b

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