Synnex Technology International (LUX:SYNEX) ROIC %: 9.55% (As of Dec. 2025)


LUX:SYNEX Synnex Technology International Corp LUX:SYNEX
76 GF Score
Price $9.05
GF Value $8.14
! 6 Warning Signs
View Full Analysis

What is Synnex Technology International ROIC %?

Synnex Technology International LUX:SYNEX 76 ROIC % is 9.55% as of Dec. 2025. GuruFocus rates LUX:SYNEX with a GF Score™ of 76/100 and a GF Value™ of $8.14. The stock has 6 warning signs investors should review.

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. Synnex Technology International's annualized return on invested capital (ROIC %) for the quarter that ended in Dec. 2025 was 9.55%.

As of today (2026-06-29), Synnex Technology International's WACC % is 4.61%. Synnex Technology International's ROIC % is 6.79% (calculated using TTM income statement data). Synnex Technology International generates higher returns on investment than it costs the company to raise the capital needed for that investment. It is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases.


Synnex Technology International  (LUX:SYNEX) ROIC % Explanation

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.

There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.

Why is ROIC % important?

Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.

As of today, Synnex Technology International's WACC % is 4.61%. Synnex Technology International's ROIC % is 6.79% (calculated using TTM income statement data). Synnex Technology International generates higher returns on investment than it costs the company to raise the capital needed for that investment. It is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases.


Be Aware

Like ROE % and ROA %, ROIC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.


Synnex Technology International ROIC % Related Terms


Synnex Technology International ROIC % Historical Data

* Premium members only.

The historical data trend for Synnex Technology International's ROIC % 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.

Synnex Technology International ROIC % Chart

Synnex Technology International Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.52 5.46 4.90 6.28 6.32

Synnex Technology International Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
ROIC % 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 9.25 5.63 6.23 6.45 9.55

LUX:SYNEX vs SNX, ARW, AVT: ROIC % Comparison

For the Electronics & Computer Distribution subindustry, Synnex Technology International's ROIC %, along with its competitors' market caps and ROIC % 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.


Synnex Technology International ROIC % vs Hardware Industry

For the Hardware industry and Technology sector, Synnex Technology International's ROIC % distribution charts can be found below:

* The bar in red indicates where Synnex Technology International's ROIC % falls into.


LUX:SYNEX
76GF Score
Synnex Technology International Corp LUX:SYNEX
ROIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Synnex Technology International ROIC % Calculation

Synnex Technology International's annualized Return on Invested Capital (ROIC %) for the fiscal year that ended in Dec. 2025 is calculated as:

ROIC % (A: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Dec. 2024 ) + Invested Capital (A: Dec. 2025 ))/ count )
=321.89 * ( 1 - 22.99% )/( (3895.866 + 3950.997)/ 2 )
=247.887489/3923.4315
=6.32 %

where

Invested Capital(A: Dec. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=6906.282 - 1437.066 - ( 1573.35 - max(0, 3578.993 - 5693.598+1573.35))
=3895.866

Invested Capital(A: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=6934.84 - 1510.632 - ( 1473.211 - max(0, 3752.037 - 5661.875+1473.211))
=3950.997

Synnex Technology International's annualized Return on Invested Capital (ROIC %) for the quarter that ended in Dec. 2025 is calculated as:

ROIC % (Q: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2025 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=447.268 * ( 1 - 20.38% )/( (3509.676 + 3950.997)/ 2 )
=356.1147816/3730.3365
=9.55 %

where

Invested Capital(Q: Sep. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=6801.998 - 1461.582 - ( 1830.74 - max(0, 3362.194 - 5507.19+1830.74))
=3509.676

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=6934.84 - 1510.632 - ( 1473.211 - max(0, 3752.037 - 5661.875+1473.211))
=3950.997

Note: The Operating Income data used here is four times the quarterly (Dec. 2025) data. The tax rate is limited to between 0% and 100%.

* 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.

Frequently Asked Questions Learn more about ROIC % →
What does a ROIC % of 9.55% mean?
Synnex Technology International (LUX:SYNEX) has a ROIC % of 9.55% as of Dec. 2025. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Synnex Technology International and its competitors.
Is Synnex Technology International's ROIC % too high?
Synnex Technology International's current ROIC % is 9.55%. The Hardware industry median ROIC % is 4.09. Synnex Technology International's value of 9.55% is 133.8% above this industry median. Overall, Synnex Technology International has a GF Score™ of 76/100, reflecting its overall financial health beyond just this single metric.
How does Synnex Technology International's ROIC % compare to SNX and ARW?
Synnex Technology International's ROIC % of 9.55% can be compared against companies in the Hardware industry. The industry median ROIC % is 4.09. Synnex Technology International's value of 9.55% is 133.8% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROIC % for a Hardware company?
The median ROIC % among Hardware companies is 4.09, based on 2,448 companies in the industry. Companies in the top quartile (top 25%) have a ROIC % significantly above this median, while those in the bottom quartile fall well below. However, ROIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Synnex Technology International's current ROIC % of 9.55% is 133.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROIC % mean?
A high ROIC % can signal that a stock is expensive relative to its fundamentals. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Synnex Technology International and its competitors. For the Hardware industry, the median ROIC % is 4.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Synnex Technology International's current ROIC % is 9.55%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Synnex Technology International stock overvalued right now?
Synnex Technology International (LUX:SYNEX) has a current ROIC % of 9.55%. The stock's GF Value™ is $8.14, compared to a current price of $9.05 — trading 11.2% above its estimated fair value. The current ROIC % is 9.55% and 133.8% above the Hardware industry median of 4.09. Synnex Technology International's overall GF Score™ is 76/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROIC % calculated?
ROIC % is calculated from a company's financial statements. For Synnex Technology International (LUX:SYNEX), the current ROIC % is 9.55% as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Synnex Technology International (LUX:SYNEX) Overvalued in 2026?

Based on GuruFocus' analysis, Synnex Technology International stock appears to be overvalued. The current stock price of $9.05 is trading 11.2% above its estimated GF Value™ of $8.14.

Key valuation signals for LUX:SYNEX:

  • ROIC %: 9.55%
  • GF Value™: $8.14 vs. price of $9.05 (11.2% above fair value)
  • GF Score™: 76/100 with 6 warning signs
  • Industry Position: 133.8% above the Hardware median

No single metric tells the full story. See the LUX:SYNEX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Synnex Technology International Business Description

Other Exchanges 2347:Taiwan
Address No. 205, Civic Boulevard, 27th Floor, Section 8, Taipei, TWN
Synnex Technology International Corp is a Taiwan-based company engaged in the sale of computers and related parts, communication products, consumer electronic products, electronic components, and semiconductor products. The majority of the company's revenue is generated from the distribution industry and is mainly engaged in the sale of 3C and semiconductor products. The company operates in Taiwan, Hong Kong, China, Australia, New Zealand, and Indonesia, of which China and Hong Kong are the key sources of revenue.
76GF Score

Get the complete analysis for LUX:SYNEX

ROIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$9.05
Price
$8.14
GF Value