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Synnex Technology International Corp
TWSE:2347

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Synnex Technology International Corp
TWSE:2347
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Price: 82.3 TWD -2.02% Market Closed
Market Cap: NT$137.3B

EV/EBIT

19.5
Current
25%
More Expensive
vs 3-y average of 15.6

Enterprise Value to EBIT (EV/EBIT) ratio compares a company`s total enterprise value to its earnings before interest and taxes. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBIT
19.5
=
Enterprise Value
NT$157.4B
/
EBIT
NT$8.6B

Enterprise Value to EBIT (EV/EBIT) ratio compares a company`s total enterprise value to its earnings before interest and taxes. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBIT
19.5
=
Enterprise Value
NT$157.4B
/
EBIT
NT$8.6B

Valuation Scenarios

Synnex Technology International Corp is trading above its 3-year average

If EV/EBIT returns to its 3-Year Average (15.6), the stock would be worth NT$65.7 (20% downside from current price).

Statistics
Positive Scenarios
1/4
Maximum Downside
-20%
Maximum Upside
+7%
Average Downside
10%
Scenario EV/EBIT Value Implied Price Upside/Downside
Current Multiple 19.5 NT$82.3
0%
3-Year Average 15.6 NT$65.7
-20%
5-Year Average 15.6 NT$65.61
-20%
Industry Average 18 NT$75.92
-8%
Country Average 20.9 NT$88.03
+7%

Forward EV/EBIT
Today’s price vs future ebit

Today's Enterprise Value EBIT Forward EV/EBIT
NT$157.4B
/
Jan 2026
NT$8.6B
=
19.5
Current
NT$157.4B
/
Dec 2026
NT$11.4B
=
13.8
Forward
NT$157.4B
/
Dec 2027
NT$12.6B
=
12.5
Forward

Forward EV/EBIT shows whether today’s EV/EBIT still looks high or low once future ebit are taken into account.

Peer Comparison

All Multiples
EV/EBIT
P/E
All Countries
Close
Market Cap EV/EBIT P/E
TW
Synnex Technology International Corp
TWSE:2347
137.3B TWD 19.5 16.2
US
TD Synnex Corp
NYSE:SNX
17.8B USD 12.3 18.2
US
CDW Corp
NASDAQ:CDW
17.7B USD 12.8 16.4
JP
Daiwa Tsushin Co Ltd
TSE:7116
2.7T JPY 11 17.3
ZA
Datatec Ltd
JSE:DTC
16B ZAR 2.9 12
CN
Unisplendour Corp Ltd
SZSE:000938
89.2B CNY 28.5 52.9
US
Arrow Electronics Inc
NYSE:ARW
9.6B USD 13.2 16.8
TW
WT Microelectronics Co Ltd
TWSE:3036
260.7B TWD 14.1 19.6
US
Avnet Inc
NASDAQ:AVT
6.4B USD 14.5 30.6
TW
WPG Holdings Ltd
TWSE:3702
161.5B TWD 14.4 16.7
JP
Canon Marketing Japan Inc
TSE:8060
772.1B JPY 10.1 17

Market Distribution

In line with most companies in Taiwan
Percentile
47th
Based on 671 companies
47th percentile
19.5
Low
0.2 — 14.9
Typical Range
14.9 — 30.2
High
30.2 —
Distribution Statistics
Taiwan
Min 0.2
30th Percentile 14.9
Median 20.9
70th Percentile 30.2
Max 1 677.9

Synnex Technology International Corp
Glance View

Market Cap
137.3B TWD
Industry
Electrical Equipment

Synnex Technology International Corp., an unsung titan in the technology and supply chain sectors, has woven itself into the fabric of modern commerce since its founding in 1975. Anchored in Taiwan, the company started its journey in the world of distribution, gradually becoming a pivotal player in the intricate web of global technology. Synnex specializes in the distribution of a wide range of electronic products, particularly computers, peripherals, electronic components, and software. Its expertise lies in seamlessly navigating the complex labyrinth of supply chains to ensure that technology products find their way from manufacturers to end-users efficiently. In essence, Synnex acts as a critical bridge between the manufacturers, eager to extend their global reach, and the myriad resellers who seek to provide the latest technology to consumers and businesses alike. Beyond its distribution prowess, Synnex is also deeply entrenched in providing value-added services that have become indispensable to its robust business model. The firm enriches its core operations by offering solutions such as logistics, integration services, and assembly processes, which are tailored to various clients’ needs. This layered service approach allows Synnex to extract value at multiple junctures of the supply chain. By harmonizing these activities, Synnex not only enhances its revenue streams but also fosters long-term partnerships. With technology demand continually burgeoning and industries evolving, Synnex stands resilient, thriving as an essential artery in the ever-pulsating world of tech distribution and services.

Intrinsic Value
128.11 TWD
Undervaluation 36%
Intrinsic Value
Price NT$82.3
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