ALAB vs. SNX: A Head-to-Head Stock Comparison

Updated on July 7, 2025

Here’s a clear look at ALAB and SNX, comparing key factors like historical performance, profitability, financial strength, growth, dividend, and valuation.

Company Overview

ALAB’s market capitalization stands at 14.97 billion USD, while SNX’s is 11.77 billion USD, indicating their market valuations are broadly comparable.

With betas of 1.40 for ALAB and 1.19 for SNX, both stocks show similar sensitivity to overall market movements.

Symbol	ALAB	SNX
Company Name	Astera Labs, Inc. Common Stock	TD SYNNEX Corporation
Country	US	US
Sector	Technology	Technology
Industry	Semiconductors	Technology Distributors
CEO	Jitendra Mohan	Patrick Zammit
Price	90.8 USD	140.21 USD
Market Cap	14.97 billion USD	11.77 billion USD
Beta	1.40	1.19
Exchange	NASDAQ	NYSE
IPO Date	March 20, 2024	November 25, 2003
ADR	No	No

Historical Performance

This chart compares the performance of ALAB and SNX by tracking the growth of an initial $10,000 investment in each. Use the tabs to select the desired time period.

Data is adjusted for dividends and splits.

ALAB vs. SNX: Growth of a $10,000 investment over the past one year.

Profitability

Return on Equity

ALAB

4.43%

Semiconductors Industry

Max: 41.84%
Q3: 15.81%
Median: 6.31%
Q1: -5.54%
Min: -30.12%

ALAB’s Return on Equity of 4.43% is on par with the norm for the Semiconductors industry, indicating its profitability relative to shareholder equity is typical for the sector.

SNX

11.37%

Technology Distributors Industry

Max: 11.37%
Q3: 11.14%
Median: 9.82%
Q1: 7.02%
Min: 4.73%

In the upper quartile for the Technology Distributors industry, SNX’s Return on Equity of 11.37% signals a highly effective use of shareholder capital to drive profitability compared to most of its peers.

ALAB vs. SNX: A comparison of their ROE against their respective Semiconductors and Technology Distributors industry benchmarks.

Return on Invested Capital

ALAB

-4.25%

Semiconductors Industry

Max: 30.91%
Q3: 11.34%
Median: 4.08%
Q1: -2.17%
Min: -19.59%

ALAB has a negative Return on Invested Capital of -4.25%. This indicates that its operations are failing to generate a profit on the total capital invested, signaling significant inefficiency or value destruction.

SNX

9.31%

Technology Distributors Industry

Max: 9.31%
Q3: 8.74%
Median: 7.43%
Q1: 6.70%
Min: 5.53%

In the upper quartile for the Technology Distributors industry, SNX’s Return on Invested Capital of 9.31% signifies a highly effective use of its capital to generate profits when compared to its peers.

ALAB vs. SNX: A comparison of their ROIC against their respective Semiconductors and Technology Distributors industry benchmarks.

Net Profit Margin

ALAB

8.44%

Semiconductors Industry

Max: 51.69%
Q3: 19.67%
Median: 8.56%
Q1: -5.44%
Min: -38.60%

ALAB’s Net Profit Margin of 8.44% is aligned with the median group of its peers in the Semiconductors industry. This indicates its ability to convert revenue into profit is typical for the sector.

SNX

1.54%

Technology Distributors Industry

Max: 3.83%
Q3: 2.66%
Median: 2.26%
Q1: 1.49%
Min: 1.40%

SNX’s Net Profit Margin of 1.54% is aligned with the median group of its peers in the Technology Distributors industry. This indicates its ability to convert revenue into profit is typical for the sector.

ALAB vs. SNX: A comparison of their Net Profit Margin against their respective Semiconductors and Technology Distributors industry benchmarks.

Operating Profit Margin

ALAB

-4.45%

Semiconductors Industry

Max: 58.03%
Q3: 22.12%
Median: 8.40%
Q1: -3.73%
Min: -36.14%

ALAB has a negative Operating Profit Margin of -4.45%. This signifies the company is unprofitable at the operational level, as its core business expenses exceed its revenue.

SNX

2.10%

Technology Distributors Industry

Max: 3.90%
Q3: 3.67%
Median: 2.86%
Q1: 2.76%
Min: 2.10%

SNX’s Operating Profit Margin of 2.10% is in the lower quartile for the Technology Distributors industry. This indicates weaker profitability from core operations, which may stem from inefficiencies or competitive pressures on pricing.

ALAB vs. SNX: A comparison of their Operating Margin against their respective Semiconductors and Technology Distributors industry benchmarks.

Profitability at a Glance

Symbol	ALAB	SNX
Return on Equity (TTM)	4.43%	11.37%
Return on Assets (TTM)	3.69%	3.04%
Return on Invested Capital (TTM)	-4.25%	9.31%
Net Profit Margin (TTM)	8.44%	1.54%
Operating Profit Margin (TTM)	-4.45%	2.10%
Gross Profit Margin (TTM)	75.76%	6.74%

Financial Strength

Current Ratio

ALAB

13.92

Semiconductors Industry

Max: 9.10
Q3: 5.23
Median: 3.09
Q1: 2.49
Min: 1.02

ALAB’s Current Ratio of 13.92 is exceptionally high, placing it well outside the typical range for the Semiconductors industry. This indicates a very strong liquidity position, though such a high ratio may also suggest that the company is not using its assets efficiently to generate profits.

SNX

1.26

Technology Distributors Industry

Max: 3.16
Q3: 2.26
Median: 1.43
Q1: 1.24
Min: 1.05

SNX’s Current Ratio of 1.26 aligns with the median group of the Technology Distributors industry, indicating that its short-term liquidity is in line with its sector peers.

ALAB vs. SNX: A comparison of their Current Ratio against their respective Semiconductors and Technology Distributors industry benchmarks.

Debt-to-Equity Ratio

ALAB

Semiconductors Industry

Max: 0.97
Q3: 0.46
Median: 0.21
Q1: 0.05
Min: 0.00

Debt-to-Equity Ratio data for ALAB is currently unavailable.

SNX

0.05

Technology Distributors Industry

Max: 0.60
Q3: 0.53
Median: 0.15
Q1: 0.04
Min: 0.00

SNX’s Debt-to-Equity Ratio of 0.05 is typical for the Technology Distributors industry, indicating its use of leverage is in line with the sector norm. This suggests a balanced approach to its capital structure.

ALAB vs. SNX: A comparison of their D/E Ratio against their respective Semiconductors and Technology Distributors industry benchmarks.

Interest Coverage Ratio

ALAB

Semiconductors Industry

Max: 36.25
Q3: 29.12
Median: 7.01
Q1: -1.22
Min: -18.18

Interest Coverage Ratio data for ALAB is currently unavailable.

SNX

-114.61

Technology Distributors Industry

Max: 5.83
Q3: 5.83
Median: 5.38
Q1: 3.31
Min: 3.31

SNX has a negative Interest Coverage Ratio of -114.61. This indicates that its earnings were insufficient to cover even its operational costs, let alone its interest payments, signaling significant financial distress.

ALAB vs. SNX: A comparison of their Interest Coverage against their respective Semiconductors and Technology Distributors industry benchmarks.

Financial Strength at a Glance

Symbol	ALAB	SNX
Current Ratio (TTM)	13.92	1.26
Quick Ratio (TTM)	13.26	0.75
Debt-to-Equity Ratio (TTM)	--	0.05
Debt-to-Asset Ratio (TTM)	--	0.01
Net Debt-to-EBITDA Ratio (TTM)	4.76	-0.35
Interest Coverage Ratio (TTM)	--	-114.61

Growth

The following charts compare key year-over-year (YoY) growth metrics for ALAB and SNX. These metrics are based on the companies’ annual financial reports.

Revenue Growth

ALAB vs. SNX: A comparison of their annual year-over-year Revenue Growth.

Earnings Per Share (EPS) Growth

ALAB vs. SNX: A comparison of their annual year-over-year Earnings Per Share (EPS) Growth.

Free Cash Flow Growth

ALAB vs. SNX: A comparison of their annual year-over-year Free Cash Flow Growth.

Dividend

Dividend Yield

ALAB

0.00%

Semiconductors Industry

Max: 6.48%
Q3: 0.93%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

ALAB currently does not pay a dividend, resulting in a yield of 0%. This is a common strategy for growth-focused companies that prioritize reinvesting earnings, though it may be less typical in mature, income-oriented sectors.

SNX

1.20%

Technology Distributors Industry

Max: 2.51%
Q3: 1.00%
Median: 0.66%
Q1: 0.00%
Min: 0.00%

With a Dividend Yield of 1.20%, SNX offers a more attractive income stream than most of its peers in the Technology Distributors industry, signaling a strong commitment to shareholder returns.

ALAB vs. SNX: A comparison of their Dividend Yield against their respective Semiconductors and Technology Distributors industry benchmarks.

Dividend Payout Ratio

ALAB

0.00%

Semiconductors Industry

Max: 204.29%
Q3: 31.85%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

ALAB has a Dividend Payout Ratio of 0%, indicating it does not currently pay a dividend. This is a common strategy for growth-oriented companies that reinvest all profits back into the business.

SNX

15.36%

Technology Distributors Industry

Max: 35.81%
Q3: 15.47%
Median: 13.50%
Q1: 0.00%
Min: 0.00%

SNX’s Dividend Payout Ratio of 15.36% is within the typical range for the Technology Distributors industry, suggesting a balanced approach between shareholder payouts and company reinvestment.

ALAB vs. SNX: A comparison of their Payout Ratio against their respective Semiconductors and Technology Distributors industry benchmarks.

Dividend at a Glance

Symbol	ALAB	SNX
Dividend Yield (TTM)	0.00%	1.20%
Dividend Payout Ratio (TTM)	0.00%	15.36%

Valuation

Price-to-Earnings Ratio

ALAB

357.98

Semiconductors Industry

Max: 86.15
Q3: 47.38
Median: 27.87
Q1: 18.89
Min: 4.73

At 357.98, ALAB’s P/E Ratio is exceptionally high, exceeding the typical maximum for the Semiconductors industry. This suggests the stock may be significantly overvalued compared to its peers and implies high market expectations that could be difficult to meet.

SNX

12.57

Technology Distributors Industry

Max: 23.75
Q3: 21.15
Median: 17.13
Q1: 14.38
Min: 12.09

In the lower quartile for the Technology Distributors industry, SNX’s P/E Ratio of 12.57 suggests the stock may be undervalued compared to its peers, potentially presenting an attractive entry point for investors.

ALAB vs. SNX: A comparison of their P/E Ratio against their respective Semiconductors and Technology Distributors industry benchmarks.

Forward P/E to Growth Ratio

ALAB

10.80

Semiconductors Industry

Max: 4.73
Q3: 2.80
Median: 1.11
Q1: 0.68
Min: 0.01

The Forward PEG Ratio is often not a primary valuation metric in the Semiconductors industry.

SNX

0.98

Technology Distributors Industry

Max: 1.73
Q3: 1.53
Median: 0.97
Q1: 0.72
Min: 0.45

The Forward PEG Ratio is often not a primary valuation metric in the Technology Distributors industry.

ALAB vs. SNX: A comparison of their Forward PEG Ratio against their respective Semiconductors and Technology Distributors industry benchmarks.

Price-to-Sales Ratio

ALAB

30.53

Semiconductors Industry

Max: 21.96
Q3: 10.21
Median: 4.45
Q1: 2.32
Min: 0.48

With a P/S Ratio of 30.53, ALAB trades at a valuation that eclipses even the highest in the Semiconductors industry. This implies the market has priced in exceptionally optimistic scenarios for future revenue growth, posing considerable valuation risk.

SNX

0.20

Technology Distributors Industry

Max: 0.93
Q3: 0.55
Median: 0.32
Q1: 0.22
Min: 0.19

In the lower quartile for the Technology Distributors industry, SNX’s P/S Ratio of 0.20 indicates its revenue is valued more conservatively than most of its peers. This could present a compelling opportunity if the market has overlooked its sales-generating capabilities.

ALAB vs. SNX: A comparison of their P/S Ratio against their respective Semiconductors and Technology Distributors industry benchmarks.

Price-to-Book Ratio

ALAB

14.23

Semiconductors Industry

Max: 13.12
Q3: 6.49
Median: 3.31
Q1: 1.74
Min: 0.23

At 14.23, ALAB’s P/B Ratio is at an extreme premium to the Semiconductors industry. This signifies that the market’s valuation is heavily reliant on future potential rather than its current net asset value, which can be a high-risk proposition.

SNX

1.40

Technology Distributors Industry

Max: 2.70
Q3: 2.33
Median: 1.34
Q1: 1.10
Min: 0.93

SNX’s P/B Ratio of 1.40 is within the conventional range for the Technology Distributors industry. This shows a balanced market view, where the stock’s price is neither at a significant premium nor a discount to the book value of its peers.

ALAB vs. SNX: A comparison of their P/B Ratio against their respective Semiconductors and Technology Distributors industry benchmarks.

Valuation at a Glance

Symbol	ALAB	SNX
Price-to-Earnings Ratio (P/E, TTM)	357.98	12.57
Forward PEG Ratio (TTM)	10.80	0.98
Price-to-Sales Ratio (P/S, TTM)	30.53	0.20
Price-to-Book Ratio (P/B, TTM)	14.23	1.40
Price-to-Free Cash Flow Ratio (P/FCF, TTM)	138.44	19.45
EV-to-EBITDA (TTM)	-820.32	10.34
EV-to-Sales (TTM)	30.35	0.19