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SNX (TD Synnex) Net Current Asset Value : $-8.23 (As of May. 2025)


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What is TD Synnex Net Current Asset Value?

In calculating the Net Current Asset Value (NCAV), Benjamin Graham means a company's current assets (such as cash, marketable securities, and inventories) minus its total liabilities (including preferred stock, minority interest, and long-term debt).

TD Synnex's net current asset value per share for the quarter that ended in May. 2025 was $-8.23.

The historical rank and industry rank for TD Synnex's Net Current Asset Value or its related term are showing as below:

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of TD Synnex was 8.33. The lowest was 1.63. And the median was 2.98.

SNX's Price-to-Net-Current-Asset-Value is not ranked *
in the Hardware industry.
Industry Median: 4.4
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

TD Synnex Net Current Asset Value Historical Data

The historical data trend for TD Synnex's Net Current Asset Value 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 Net Current Asset Value Chart

TD Synnex Annual Data
Trend Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only -7.05 -21.20 -12.76 -12.92 -10.92

TD Synnex Quarterly Data
Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25
Net Current Asset Value 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 -13.89 -11.70 -10.92 -9.45 -8.23

Competitive Comparison of TD Synnex's Net Current Asset Value

For the Electronics & Computer Distribution subindustry, TD Synnex's Price-to-Net-Current-Asset-Value, along with its competitors' market caps and Price-to-Net-Current-Asset-Value 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 Price-to-Net-Current-Asset-Value Distribution in the Hardware Industry

For the Hardware industry and Technology sector, TD Synnex's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where TD Synnex's Price-to-Net-Current-Asset-Value falls into.


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TD Synnex Net Current Asset Value Calculation

TD Synnex's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Nov. 2024 is calculated as

Net Current Asset Value Per Share(A: Nov. 2024 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(21324.696-22239.045-0-0)/83.723
=-10.92

TD Synnex's Net Current Asset Value (NCAV) per share for the quarter that ended in May. 2025 is calculated as

Net Current Asset Value Per Share(Q: May. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(21492.779-22166.815-0-0)/81.920
=-8.23

* 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  (NYSE:SNX) Net Current Asset Value Explanation

Benjamin Graham first discussed net current asset value (NCAV) in the 1934 edition of "Security Analysis", which he coauthored with David Dodd. In the book, (net) current asset value is defined as:" current assets alone, minus all liabilities and claims ahead of the issue."

The common definition of NCAV is: NCAV = current assets – [total liabilities + minority interest + preferred stock]

Net current assets exclude not only the intangible assets but also the fixed and miscellaneous assets. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. In "Security Analysis", preferred stock is dubbed "an imperfect creditorship position" that is best placed on the balance sheet alongside funded debt.

One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham’s strategy produced similar results.

Benjamin Graham looked for companies whose market values were less than two-thirds of their Net-Net Working Capital. They are collected under our Net-Net screener.


TD Synnex Net Current Asset Value Related Terms

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TD Synnex Business Description

Industry
Traded in Other Exchanges
Address
44201 Nobel Drive, Fremont, CA, USA, 94538
TD Synnex Corp is a distributor and solutions aggregator for the IT ecosystem. The company aggregates and distributes IT hardware, software, and systems including personal computing devices and peripherals, mobile phones and accessories, printers, server and data center infrastructure, hybrid cloud, security, networking, communications and storage solutions, and system components. Its geographical segments include the Americas, Europe, and APJ.
Executives
Dennis Polk director, officer: Chief Operating Officer 44201 NOBEL DRIVE, FREMONT CA 94538
Marshall Witt officer: Chief Financial Officer 44201 NOBEL DRIVE, FREMONT CA 94538
Merline Saintil director 10 SOUTH FIRST AVENUE, WALLA WALLA WA 99362
Richard T Hume director, officer: Chief Executive Officer 5350 TECH DATA DRIVE, CLEARWATER FL 33760
Patrick Zammit officer: President, EU & APAC KOUTERVELDSTRAAT 20, DIEGEM C9 B-1831
Ann F Vezina director 219 GOLF CLUB DRIVE, NICHOLASVILLE KY 40356
Simon Leung officer: SVP, GC & Corporate Secretary 3797 SPINNAKER COURT, FREMONT CA 94538
David R Vetter officer: Chief Legal Officer
Michael Urban officer: President, Worldwide Distrib. 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