ScanSource, Inc. (SCSC) vs TD SYNNEX Corporation (SNX)

ScanSource, 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 $1.2B — 18.1× the size. ScanSource, Inc. trades at the lower P/E: 15.7× against 18.6×. TD SYNNEX Corporation grew revenue faster over the last twelve months: 16.3% against 6.09%. ScanSource, Inc. has the higher net margin (2.44% vs 1.63%) and the lower return on invested capital (6.67% vs 8.90%). Across the 22 metrics below, ScanSource, Inc. leads on 15 and TD SYNNEX Corporation on 7.

Valuation

Metric SCSC SNX Electronics & Computer Distribution median
P/E 15.74 18.65 18.73
P/S 0.39 0.30 0.47
P/B 1.37 2.32 2.01
Price to free cash flow 10.94 55.53 14.47
EV/EBITDA 10.24 11.04 11.04
EV/Sales 0.39 0.35 0.39
Earnings yield 6.35% 5.36% 4.83%
Free cash flow yield 9.14% 1.80% 3.03%

Profitability

Metric SCSC SNX Electronics & Computer Distribution median
Gross margin 13.56% 7.05% 14.67%
Operating margin 3.06% 2.57% 2.84%
Net margin 2.44% 1.63% 2.35%
Free cash flow margin 3.53% 0.54% 1.72%
Return on equity 8.68% 13.14% 9.56%
Return on assets 4.24% 3.29% 2.94%
Return on invested capital 6.67% 8.90% 7.54%

Growth

Metric SCSC SNX Electronics & Computer Distribution median
Revenue growth (TTM) 6.09% 16.26% 6.09%
EPS growth (last fiscal year) 21.33% 25.16% —
Revenue growth, 5-year CAGR 0.47% 25.63% 1.79%
Net income growth, 5-year CAGR 48.85% 9.36% 4.24%

Health

Metric SCSC SNX Electronics & Computer Distribution median
Debt to equity 0.11 0.53 0.24
Current ratio 1.76 1.20 1.40
Net debt to EBITDA 0.11 1.19 1.23

Dividend

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

Size

Metric SCSC SNX Electronics & Computer Distribution median
Market cap 1.17b 21.19b 1.71b

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