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TD Synnex (TD Synnex) Cyclically Adjusted Price-to-FCF : 12.85 (As of Apr. 27, 2024)


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What is TD Synnex Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), TD Synnex's current share price is $117.44. TD Synnex's Cyclically Adjusted FCF per Share for the quarter that ended in Feb. 2024 was $9.14. TD Synnex's Cyclically Adjusted Price-to-FCF for today is 12.85.

The historical rank and industry rank for TD Synnex's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

SNX' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 9.24   Med: 18.92   Max: 107.92
Current: 12.85

During the past years, TD Synnex's highest Cyclically Adjusted Price-to-FCF was 107.92. The lowest was 9.24. And the median was 18.92.

SNX's Cyclically Adjusted Price-to-FCF is ranked better than
80.38% of 953 companies
in the Hardware industry
Industry Median: 27.98 vs SNX: 12.85

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

TD Synnex's adjusted free cash flow per share data for the three months ended in Feb. 2024 was $3.896. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is $9.14 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


TD Synnex Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for TD Synnex's Cyclically Adjusted Price-to-FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

TD Synnex Cyclically Adjusted Price-to-FCF Chart

TD Synnex Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.71 12.07 13.75 14.50 11.44

TD Synnex Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Cyclically Adjusted Price-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 14.08 11.93 12.57 11.44 11.37

Competitive Comparison of TD Synnex's Cyclically Adjusted Price-to-FCF

For the Electronics & Computer Distribution subindustry, TD Synnex's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


TD Synnex's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

For the Hardware industry and Technology sector, TD Synnex's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where TD Synnex's Cyclically Adjusted Price-to-FCF falls into.



TD Synnex Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

TD Synnex's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=117.44/9.14
=12.85

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

TD Synnex's Cyclically Adjusted FCF per Share for the quarter that ended in Feb. 2024 is calculated as:

For example, TD Synnex's adjusted Free Cash Flow per Share data for the three months ended in Feb. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=3.896/129.4194*129.4194
=3.896

Current CPI (Feb. 2024) = 129.4194.

TD Synnex Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201405 -4.632 100.373 -5.972
201408 -1.710 100.352 -2.205
201411 -0.136 99.635 -0.177
201502 4.727 99.032 6.177
201505 2.655 100.333 3.425
201508 4.976 100.548 6.405
201511 1.403 100.135 1.813
201602 2.724 100.040 3.524
201605 2.759 101.355 3.523
201608 -0.960 101.617 -1.223
201611 0.580 101.829 0.737
201702 -5.220 102.779 -6.573
201705 0.412 103.256 0.516
201708 0.972 103.587 1.214
201711 5.807 104.072 7.221
201802 -0.701 105.052 -0.864
201805 1.025 106.148 1.250
201808 -3.256 106.383 -3.961
201811 1.958 106.338 2.383
201902 -3.674 106.649 -4.458
201905 1.557 108.048 1.865
201908 4.265 108.245 5.099
201911 5.946 108.519 7.091
202002 0.122 109.139 0.145
202005 22.247 108.175 26.616
202008 5.424 109.662 6.401
202011 4.212 109.793 4.965
202102 0.402 110.968 0.469
202105 5.308 113.576 6.048
202108 -1.169 115.421 -1.311
202111 5.443 117.269 6.007
202202 -14.033 119.703 -15.172
202205 10.598 123.323 11.122
202208 -1.041 124.958 -1.078
202211 2.773 125.607 2.857
202302 -1.482 126.928 -1.511
202305 7.232 128.314 7.294
202308 5.945 129.538 5.940
202311 1.860 129.548 1.858
202402 3.896 129.419 3.896

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


TD Synnex  (NYSE:SNX) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


TD Synnex Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of TD Synnex's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


TD Synnex (TD Synnex) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » TD Synnex Corp (NYSE:SNX) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
Address
44201 Nobel Drive, Fremont, CA, USA, 94538
TD Synnex Corp is a global distributor and solutions aggregator for the IT ecosystem. Its edge-to-cloud portfolio is anchored in some of the technology segments including cloud, cybersecurity, big data/analytics, IoT, mobility, and everything as a service.
Executives
Michael Urban officer: President, Worldwide Distrib. 44201 NOBEL DRIVE, FREMONT CA 94538
Dennis Polk director, officer: Chief Operating Officer 44201 NOBEL DRIVE, FREMONT CA 94538
Fred A Breidenbach director
Apollo Management Holdings Gp, Llc 10 percent owner 9 W. 57TH STREET, 43RD FLOOR, NEW YORK NY 10019
Peer Developments Ltd 10 percent owner 4TH FLOOR, NO. 75, SEC. 3,, MING-SHENG E. ROAD,, TAIPEI F5 00000
Silver Star Developments Ltd 10 percent owner NO 200 WEN HWA 2ND RD, KUEI SHAN HSIANG, TAOYUAN F5 00000
Matthew Miau director 44201 NOBEL DRIVE, FREMONT CA 94538
Claude J Pumilia director 6363 S FIDDLER'S GREEN CIRCLE, SUITE 1400, GREENWOOD VILLAGE CO 80111
Kathleen M Crusco director C/O CALIX, INC., 1035 N. MCDOWELL BLVD, PETALUMA CA 94954
Marshall Witt officer: Chief Financial Officer 44201 NOBEL DRIVE, FREMONT CA 94538
Ap Ix Tiger Co-invest (ml) Gp, Llc 10 percent owner 9 WEST 57TH STREET 41ST FLOOR, NEW YORK NY 10019
Ap Ix Tiger Holdings Gp, Llc 10 percent owner 9 WEST 57TH STREET 41ST FLOOR, NEW YORK NY 10019
Tiger Parent Holdings Gp, Llc 10 percent owner 9 WEST 57TH STREET 41ST FLOOR, NEW YORK NY 10019
Ap Ix Tiger Co-invest (ml), L.p. 10 percent owner 9 WEST 57TH STREET 41ST FLOOR, NEW YORK NY 10019
Richard T Hume director, officer: Chief Executive Officer 5350 TECH DATA DRIVE, CLEARWATER FL 33760