TD Synnex (STU:SUX) Scaled Net Operating Assets: 0.36 (As of May. 2026)

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STU:SUX TD Synnex Corp STU:SUX
85 GF Score
Price €217.30
GF Value €147.15
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is TD Synnex Scaled Net Operating Assets?

TD Synnex STU:SUX -1.67% 85 Scaled Net Operating Assets is 0.36 as of May. 2026. GuruFocus rates STU:SUX with a GF Score™ of 85/100 and a GF Value™ of €147.15 (Significantly Overvalued). The stock has 6 warning signs investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

TD Synnex's operating assets for the quarter that ended in May. 2026 was €32,025 Mil. TD Synnex's operating liabilities for the quarter that ended in May. 2026 was €21,259 Mil. TD Synnex's Total Assets for the quarter that ended in Feb. 2026 was €29,681 Mil. Therefore, TD Synnex's scaled net operating assets (SNOA) for the quarter that ended in May. 2026 was 0.36.


TD Synnex Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for TD Synnex's Scaled Net Operating Assets 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.

TD Synnex Scaled Net Operating Assets Chart

TD Synnex Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.85 0.47 0.36 0.38 0.32

TD Synnex Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
Scaled Net Operating Assets 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 0.38 0.38 0.34 0.34 0.36

STU:SUX vs ARW, AVT, NSIT: Scaled Net Operating Assets Comparison

For the Electronics & Computer Distribution subindustry, TD Synnex's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets 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 Scaled Net Operating Assets vs Hardware Industry

For the Hardware industry and Technology sector, TD Synnex's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where TD Synnex's Scaled Net Operating Assets falls into.


STU:SUX
85GF Score
TD Synnex Corp STU:SUX
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TD Synnex Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

TD Synnex's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Nov. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Nov. 2025 )
=(Operating Assets (A: Nov. 2025 )-Operating Liabilities (A: Nov. 2025 ))/Total Assets (A: Nov. 2024 )
=(27520.416-18329.366)/28518.559
=0.32

where

Operating Assets(A: Nov. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=29627.027 - 2106.611
=27520.416

Operating Liabilities(A: Nov. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=22317.406 - 3107.192 - 880.848
=18329.366

TD Synnex's Scaled Net Operating Assets (SNOA) for the quarter that ended in May. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: May. 2026 )
=(Operating Assets (Q: May. 2026 )-Operating Liabilities (Q: May. 2026 ))/Total Assets (Q: Feb. 2026 )
=(32024.528-21259.347)/29680.814
=0.36

where

Operating Assets(Q: May. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=32961.147 - 936.619
=32024.528

Operating Liabilities(Q: May. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=25299.64 - 3076.61 - 963.683
=21259.347

* 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.

What does a Scaled Net Operating Assets of 0.36 mean?
TD Synnex (STU:SUX) has a Scaled Net Operating Assets of 0.36 as of May. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on TD Synnex and its competitors.
Is TD Synnex's Scaled Net Operating Assets too high?
TD Synnex's current Scaled Net Operating Assets is 0.36. Overall, TD Synnex has a GF Score™ of 85/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TD Synnex's Scaled Net Operating Assets compare to ARW and AVT?
TD Synnex's Scaled Net Operating Assets of 0.36 can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for a Hardware company?
A good Scaled Net Operating Assets depends on the Hardware industry context. However, Scaled Net Operating Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on TD Synnex and its competitors. TD Synnex's current Scaled Net Operating Assets is 0.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TD Synnex stock overvalued right now?
Based on GuruFocus' analysis, TD Synnex (STU:SUX) is currently considered Significantly Overvalued. The stock's GF Value™ is €147.15, compared to a current price of €217.30 — trading 47.7% above its estimated fair value. The current Scaled Net Operating Assets is 0.36. TD Synnex's overall GF Score™ is 85/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For TD Synnex (STU:SUX), the current Scaled Net Operating Assets is 0.36 as of May. 2026. 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 TD Synnex (STU:SUX) Overvalued in 2026?

Based on GuruFocus' analysis, TD Synnex stock appears to be overvalued. The current stock price of €217.30 is trading 47.7% above its estimated GF Value™ of €147.15. GuruFocus considers TD Synnex to be Significantly Overvalued.

Key valuation signals for STU:SUX:

  • Scaled Net Operating Assets: 0.36
  • GF Value™: €147.15 vs. price of €217.30 (47.7% above fair value)
  • GF Score™: 85/100 with 6 warning signs

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


TD Synnex Business Description

Other Exchanges SNX:USASUX:Germany
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.
85GF Score

Get the complete analysis for STU:SUX

Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€217.30
Price
€147.15
GF Value