Financials TD SYNNEX Corporation

Equities

SNX

US87162W1009

Computer Hardware

Real-time Estimate Cboe BZX Other stock markets 16:37:19 17/09/2024 BST			5-day change	1st Jan Change
116.02 ^USD	+1.68%		+5.10%	+7.62%

09-12	TD SYNNEX Agrees to Acquire Brazil's IPsense Cloud Migration	MT
09-12	Plurilock Security Inc. Enters Critical Services Partnership with TD SYNNEX to Provide Ai Services in North America	CI

Projected Income Statement: TD SYNNEX Corporation

Fiscal Period: Noviembre	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	23,757	24,676	31,614	62,344	57,555	57,327	60,473	63,651
Change	-	3.87%	28.12%	97.2%	-7.68%	-0.4%	5.49%	5.25%
EBITDA ¹	1,253	1,219	946.4	1,824	1,750	1,766	1,879	1,946
Change	-	-2.73%	-22.35%	92.73%	-4.08%	0.96%	6.35%	3.62%
EBIT ¹	1,096	1,062	902.1	1,724	1,642	1,630	1,711	1,814
Change	-	-3.04%	-15.09%	91.11%	-4.74%	-0.77%	4.99%	6.01%
Interest Paid ¹	-166.4	-127.3	-157.8	-222.6	-288.3	-301.8	-287.6	-279.5
Earnings before Tax (EBT) ¹	677.7	704	466.5	827.1	789.5	910.2	1,101	1,239
Change	-	3.89%	-33.74%	77.31%	-4.55%	15.28%	21.02%	12.48%
Net income ¹	500.7	529.2	395.1	651.3	626.9	729.8	902.3	951
Change	-	5.68%	-25.34%	64.86%	-3.75%	16.42%	23.63%	5.39%
Announcement Date	09/01/20	11/01/21	11/01/22	10/01/23	09/01/24	-	-	-

¹USD in Million

Estimates

Fiscal Period: November	2019 Q3	2019 Q4	2020 Q1	2020 Q2	2020 Q3	2020 Q4	2021 Q1	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4	2026 Q1	2026 Q2
Net sales ¹	6,204	6,581	5,264	5,533	6,465	7,414	4,939	5,857	5,207	15,611	15,470	15,270	15,356	16,248	15,125	14,062	13,961	14,407	13,975	13,948	14,170	15,230	14,797	14,771	14,803	15,979	15,582	15,649
Change	-	6.09%	-20.01%	5.1%	16.85%	14.68%	-33.38%	18.58%	-11.09%	199.81%	-0.91%	-1.29%	0.57%	5.81%	-6.91%	-7.03%	-0.72%	3.2%	-3%	-0.2%	1.59%	7.48%	-2.84%	-0.18%	0.22%	7.94%	-2.48%	0.43%
EBITDA ¹	309.1	376.8	288.4	197.5	297.6	433.6	161.5	175.6	177	435.4	458.4	423.3	422.1	520.1	468.4	402.1	423.3	455.7	451.9	416.5	427.2	471.5	471.5	462.1	469.5	503.6	497.1	483.2
Change	-	21.9%	-23.45%	-31.52%	50.66%	45.7%	-62.75%	8.75%	0.78%	145.98%	5.28%	-7.65%	-0.27%	23.21%	-9.95%	-14.14%	5.27%	7.65%	-0.82%	-7.85%	2.57%	10.37%	-0.01%	-1.99%	1.6%	7.28%	-1.29%	-2.8%
EBIT ¹	270.5	338.5	250.9	161.5	260.1	388.2	156	170	168.2	407.9	431.9	398.3	398.3	495.6	442.9	376	396.8	426.6	424.6	388	385.8	429.9	422.2	414.5	419.1	454.2	462.5	448.1
Change	-	25.14%	-25.88%	-35.62%	61.05%	49.25%	-59.82%	8.95%	-1.02%	142.48%	5.86%	-7.77%	-0.01%	24.43%	-10.63%	-15.09%	5.52%	7.5%	-0.47%	-8.61%	-0.58%	11.45%	-1.79%	-1.83%	1.1%	8.38%	1.84%	-3.11%
Charge d'intérêts ¹	-42.94	-38.73	-36.38	-33.92	-28.75	-28.29	-22.84	-22.56	-26.36	-86.07	-42.34	-47.97	-52.12	-80.15	-80.2	-74.28	-67.7	-66.13	-75.89	-76.7	-75.06	-74.06	-73.82	-73.82	-71.08	-70.82	-70.65	-70.65
Earnings before Tax (EBT) ¹	164.8	240.2	154.7	79.27	179.8	290.3	117.6	124.6	126.6	97.69	175.8	198.5	187.6	265.2	217.8	174.4	170.2	227.1	223.8	184.2	230.5	272.2	265	263	286	309	312	303
Change	-	45.71%	-35.6%	-48.75%	126.84%	61.44%	-59.5%	5.96%	1.65%	-22.86%	79.98%	12.9%	-5.52%	41.41%	-17.88%	-19.91%	-2.45%	33.47%	-1.46%	-17.71%	25.17%	18.09%	-2.65%	-0.75%	8.75%	8.04%	0.97%	-2.88%
Net income ¹	123.1	176	122.6	56.96	134.5	215.2	87.82	93.1	94.7	119.4	132.3	148.9	148.8	221.2	167	133.1	139.3	187.5	172.1	143.6	192.3	223.3	203	202	220	237	240	233
Change	-	42.94%	-30.35%	-53.53%	136.07%	60.01%	-59.18%	6.01%	1.72%	26.12%	10.79%	12.54%	-0.06%	48.64%	-24.5%	-20.32%	4.64%	34.67%	-8.22%	-16.57%	33.89%	16.12%	-9.08%	-0.49%	8.91%	7.73%	1.27%	-2.92%
Announcement Date	24/09/19	09/01/20	24/03/20	25/06/20	29/09/20	11/01/21	22/03/21	24/06/21	28/09/21	11/01/22	24/03/22	28/06/22	27/09/22	10/01/23	28/03/23	27/06/23	26/09/23	09/01/24	26/03/24	25/06/24	-	-	-	-	-	-	-	-

¹USD in Million

Estimates

Forecast Balance Sheet: TD SYNNEX Corporation

Fiscal Period: November	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt ¹	-	-	-	3,581	3,049	2,676	2,238	1,913
Change	-	-	-	-	-14.86%	-12.23%	-16.37%	-14.52%
Announcement Date	09/01/20	11/01/21	11/01/22	10/01/23	09/01/24	-	-	-

¹USD in Million

Estimates

Cash Flow Forecast: TD SYNNEX Corporation

Fiscal Period: November	2019	2021	2022	2023	2024	2025	2026
CAPEX ¹	137.4	54.89	117	150	151.8	146.9	171
Change	-	-	113.24%	28.16%	1.22%	-3.29%	16.44%
Free Cash Flow (FCF) ¹	701.4	754.9	-166.7	1,257	1,149	1,193	1,291
Change	-	-	-122.08%	-854.48%	-8.63%	3.83%	8.2%
Announcement Date	09/01/20	11/01/22	10/01/23	09/01/24	-	-	-

¹USD in Million

Estimates

Forecast Financial Ratios: TD SYNNEX Corporation

Fiscal Period: November	2019	2020	2021	2022	2023	2024	2025	2026
Profitability
EBITDA Margin (%)	5.27%	4.94%	2.99%	2.93%	3.04%	3.08%	3.11%	3.06%
EBIT Margin (%)	4.61%	4.31%	2.85%	2.77%	2.85%	2.84%	2.83%	2.85%
EBT Margin (%)	2.85%	2.85%	1.48%	1.33%	1.37%	1.59%	1.82%	1.95%
Net margin (%)	2.11%	2.14%	1.25%	1.04%	1.09%	1.27%	1.49%	1.49%
FCF margin (%)	2.95%	-	2.39%	-0.27%	2.18%	2%	1.97%	2.03%
FCF / Net Income (%)	140.07%	-	191.08%	-25.59%	200.57%	157.42%	132.2%	135.72%
Profitability
ROA	-	-	-	4%	3.56%	3.45%	3.61%	-
ROE	-	13.02%	6.45%	14.41%	13%	12.18%	12.8%	13.55%
Financial Health
Leverage (Debt/EBITDA)	-	-	-	1.96x	1.74x	1.51x	1.19x	0.98x
Debt / Free cash flow	-	-	-	-21.49x	2.42x	2.33x	1.88x	1.48x
Capital Intensity
CAPEX / Current Assets (%)	0.58%	-	0.17%	0.19%	0.26%	0.26%	0.24%	0.27%
CAPEX / EBITDA (%)	10.97%	-	5.8%	6.42%	8.57%	8.6%	7.82%	8.79%
CAPEX / FCF (%)	19.59%	-	7.27%	-70.24%	11.93%	13.22%	12.31%	13.25%
Items per share
Cash flow per share ¹	-	36	12.92	-0.5194	15.16	13.73	9.752	-
Change	-	-	-64.12%	-104.02%	-3,018.17%	-9.39%	-28.99%	-
Dividend per Share ¹	1.525	0.2	0.8	1.2	-	1.614	1.752	2.025
Change	-	-86.89%	300%	50%	-	-	8.61%	15.55%
Book Value Per Share ¹	-	-	-	84.79	92.29	97.71	104.1	107.2
Change	-	-	-	-	8.84%	5.88%	6.58%	2.9%
EPS ¹	9.74	10.21	6.24	6.77	6.7	8.408	10.44	12.09
Change	-	4.83%	-38.88%	8.49%	-1.03%	25.49%	24.14%	15.83%
Nbr of stocks (in thousands)	51,075	51,544	96,008	95,550	89,601	85,460	85,460	85,460
Announcement Date	09/01/20	11/01/21	11/01/22	10/01/23	09/01/24	-	-	-