TD SYNNEX (NYSE:SNX) and Flex (NASDAQ:FLEX) Head-To-Head Survey

TD SYNNEX (NYSE:SNX) and Flex (NASDAQ:FLEX) are both large-cap computer and technology companies, but which is the better business? We will compare the two companies based on the strength of their risk, institutional ownership, valuation, dividends, analyst recommendations, profitability and earnings.

Valuation and Earnings

This table compares TD SYNNEX and Flex”s gross revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
TD SYNNEX	$58.45 billion	0.20	$689.09 million	$8.56	16.38
Flex	$25.81 billion	0.75	$838.00 million	$2.12	24.36

Flex has lower revenue, but higher earnings than TD SYNNEX. TD SYNNEX is trading at a lower price-to-earnings ratio than Flex, indicating that it is currently the more affordable of the two stocks.

Institutional & Insider Ownership

84.0% of TD SYNNEX shares are held by institutional investors. Comparatively, 94.3% of Flex shares are held by institutional investors. 1.0% of TD SYNNEX shares are held by company insiders. Comparatively, 0.8% of Flex shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.

Analyst Recommendations

This is a breakdown of current recommendations and price targets for TD SYNNEX and Flex, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
TD SYNNEX	0	2	7	0	2.78
Flex	0	0	7	0	3.00

TD SYNNEX currently has a consensus price target of $142.56, suggesting a potential upside of 1.67%. Flex has a consensus price target of $48.29, suggesting a potential downside of 6.51%. Given TD SYNNEX’s higher probable upside, analysts clearly believe TD SYNNEX is more favorable than Flex.

Risk and Volatility

TD SYNNEX has a beta of 1.3, suggesting that its share price is 30% more volatile than the S&P 500. Comparatively, Flex has a beta of 1.07, suggesting that its share price is 7% more volatile than the S&P 500.

Profitability

This table compares TD SYNNEX and Flex’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
TD SYNNEX	1.21%	11.58%	3.18%
Flex	3.25%	19.01%	5.21%

Summary

Flex beats TD SYNNEX on 8 of the 13 factors compared between the two stocks.

About TD SYNNEX

TD SYNNEX Corporation operates as a distributor and solutions aggregator for the information technology (IT) ecosystem. The company offers personal computing devices and peripherals, mobile phones and accessories, printers, supplies, and endpoint technology software; and data center technologies, such as hybrid cloud, security, storage, networking, servers, technology software, and converged and hyper-converged infrastructure, as well as computing components. It also provides systems design and rack integration, build-to-order, and configure-to-order assembly; and thermal testing, power-draw testing, burn-in, and quality and logistics support. In addition, the company offers outsourced fulfillment, virtual distribution, and direct ship to end-users; shipping documents generation, multi-level serial number tracking, and configured products and online order and shipment tracking, as well as turn-key logistics solutions. Further, it provides public cloud solutions in productivity and collaboration, IaaS, or Infrastructure as a Service, PaaS, or Platform as a Service, SaaS, or Software as a Service, security, mobility, IoT, and other hybrid solutions. Additionally, the company offers online services; provides net terms, third party leasing, floor plan financing, and letters-of-credit backed financing and arrangement; and leases products and provides device-as-a-service, as well as offers direct mail, external media advertising, reseller product training, targeted telemarketing campaigns, national and regional trade shows, trade groups, database analysis, print on demand services, and web-based marketing. It serves value-added resellers, corporate resellers, government resellers, system integrators, direct marketers, retailers, and managed service providers. The company was formerly known as SYNNEX Corporation and changed its name to TD SYNNEX Corporation in September 2021. TD SYNNEX Corporation was founded in 1974 and is headquartered in Fremont, California.

About Flex

Flex Ltd. provides technology, supply chain, and manufacturing solutions in Asia, the Americas, and Europe. It operates through three segments: Flex Agility Solutions (FAS), Flex Reliability Solutions (FRS), and Nextracker. The FAS segment offers flexible supply and manufacturing system comprising communications, enterprise and cloud solution, which includes data, edge, and communications infrastructure; lifestyle solution including appliances, consumer packaging, floorcare, micro mobility, and audio; and consumer devices, such as mobile and high velocity consumer devices. Its FRS segment provides complex ramps with specialized production models and critical environments, which comprise automotive including next generation mobility, autonomous, connectivity, electrification, and smart technologies; health solutions, such as medical devices, medical equipment, and drug delivery; and industrial solutions including capital equipment, industrial devices, and renewables and grid edge. The Nextracker segment offers solar tracker and software solutions, which are used in utility-scale and ground-mounted distributed generation solar projects. In addition, it provides a broad array of services including design and engineering, component services, rapid prototyping, fulfillment, and circular economy solutions. The company was formerly known as Flextronics International Ltd. and changed its name to Flex Ltd. in September 2016. Flex Ltd. was founded in 1969 and is headquartered in Singapore.