APP vs. SNX: A Head-to-Head Stock Comparison
Updated onHere’s a clear look at APP and SNX, comparing key factors like historical performance, profitability, financial strength, growth, dividend, and valuation.
Company Overview
APP’s market capitalization of 115.62 billion USD is substantially larger than SNX’s 11.77 billion USD, indicating a significant difference in their market valuations.
APP’s beta of 2.53 points to significantly higher volatility compared to SNX (beta: 1.19), suggesting APP has greater potential for both gains and losses relative to market movements.
| Symbol | APP | SNX |
|---|---|---|
| Company Name | AppLovin Corporation | TD SYNNEX Corporation |
| Country | US | US |
| Sector | Technology | Technology |
| Industry | Software - Application | Technology Distributors |
| CEO | Adam Arash Foroughi | Patrick Zammit |
| Price | 341.64 USD | 140.21 USD |
| Market Cap | 115.62 billion USD | 11.77 billion USD |
| Beta | 2.53 | 1.19 |
| Exchange | NASDAQ | NYSE |
| IPO Date | April 15, 2021 | November 25, 2003 |
| ADR | No | No |
Historical Performance
This chart compares the performance of APP 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.
Profitability
Return on Equity
APP
224.68%
Software - Application Industry
- Max
- 59.01%
- Q3
- 17.85%
- Median
- 4.73%
- Q1
- -10.56%
- Min
- -52.94%
APP’s Return on Equity of 224.68% is exceptionally high, placing it well beyond the typical range for the Software - Application industry. This demonstrates a superior ability to generate profit from shareholder investments, though it could also be inflated by high financial leverage.
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.
Return on Invested Capital
APP
48.77%
Software - Application Industry
- Max
- 35.07%
- Q3
- 9.72%
- Median
- 0.76%
- Q1
- -8.68%
- Min
- -34.12%
APP’s Return on Invested Capital of 48.77% is exceptionally high, placing it well beyond the typical range for the Software - Application industry. This demonstrates an outstanding ability to deploy capital efficiently and create significant value.
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.
Net Profit Margin
APP
37.39%
Software - Application Industry
- Max
- 48.14%
- Q3
- 16.07%
- Median
- 1.83%
- Q1
- -9.60%
- Min
- -45.64%
A Net Profit Margin of 37.39% places APP in the upper quartile for the Software - Application industry, signifying strong profitability and more effective cost management than most of its peers.
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.
Operating Profit Margin
APP
42.86%
Software - Application Industry
- Max
- 51.67%
- Q3
- 15.35%
- Median
- 1.79%
- Q1
- -12.42%
- Min
- -45.17%
An Operating Profit Margin of 42.86% places APP in the upper quartile for the Software - Application industry. This signals a strong ability to translate revenue into operating profit, outperforming most of its competitors in core business efficiency.
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.
Profitability at a Glance
| Symbol | APP | SNX |
|---|---|---|
| Return on Equity (TTM) | 224.68% | 11.37% |
| Return on Assets (TTM) | 33.64% | 3.04% |
| Return on Invested Capital (TTM) | 48.77% | 9.31% |
| Net Profit Margin (TTM) | 37.39% | 1.54% |
| Operating Profit Margin (TTM) | 42.86% | 2.10% |
| Gross Profit Margin (TTM) | 77.40% | 6.74% |
Financial Strength
Current Ratio
APP
1.68
Software - Application Industry
- Max
- 5.09
- Q3
- 2.84
- Median
- 1.70
- Q1
- 1.12
- Min
- 0.04
APP’s Current Ratio of 1.68 aligns with the median group of the Software - Application industry, indicating that its short-term liquidity is in line with its sector peers.
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.
Debt-to-Equity Ratio
APP
6.45
Software - Application Industry
- Max
- 1.85
- Q3
- 0.77
- Median
- 0.18
- Q1
- 0.05
- Min
- 0.00
With a Debt-to-Equity Ratio of 6.45, APP operates with exceptionally high leverage compared to the Software - Application industry norm. This suggests an aggressive reliance on debt financing, which can magnify returns but also significantly elevates financial risk.
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.
Interest Coverage Ratio
APP
7.41
Software - Application Industry
- Max
- 39.23
- Q3
- 8.55
- Median
- 1.48
- Q1
- -14.59
- Min
- -39.97
APP’s Interest Coverage Ratio of 7.41 is positioned comfortably within the norm for the Software - Application industry, indicating a standard and healthy capacity to cover its interest payments.
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.
Financial Strength at a Glance
| Symbol | APP | SNX |
|---|---|---|
| Current Ratio (TTM) | 1.68 | 1.26 |
| Quick Ratio (TTM) | 1.68 | 0.75 |
| Debt-to-Equity Ratio (TTM) | 6.45 | 0.05 |
| Debt-to-Asset Ratio (TTM) | 0.65 | 0.01 |
| Net Debt-to-EBITDA Ratio (TTM) | 1.20 | -0.35 |
| Interest Coverage Ratio (TTM) | 7.41 | -114.61 |
Growth
The following charts compare key year-over-year (YoY) growth metrics for APP and SNX. These metrics are based on the companies’ annual financial reports.
Revenue Growth
Earnings Per Share (EPS) Growth
Free Cash Flow Growth
Dividend
Dividend Yield
APP
0.00%
Software - Application Industry
- Max
- 3.66%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
APP 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.
Dividend Payout Ratio
APP
0.00%
Software - Application Industry
- Max
- 81.09%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
APP 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.
Dividend at a Glance
| Symbol | APP | SNX |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 1.20% |
| Dividend Payout Ratio (TTM) | 0.00% | 15.36% |
Valuation
Price-to-Earnings Ratio
APP
60.47
Software - Application Industry
- Max
- 194.31
- Q3
- 98.56
- Median
- 51.87
- Q1
- 22.76
- Min
- 1.02
APP’s P/E Ratio of 60.47 is within the middle range for the Software - Application industry. This suggests its valuation is in line with the sector average, representing neither a significant premium nor a discount compared to its peers.
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.
Forward P/E to Growth Ratio
APP
2.46
Software - Application Industry
- Max
- 15.44
- Q3
- 6.57
- Median
- 2.78
- Q1
- 0.55
- Min
- 0.00
APP’s Forward PEG Ratio of 2.46 is within the middle range of its peers in the Software - Application industry. This suggests a reasonable balance between the stock’s price and its expected growth, aligning with sector valuation norms.
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.
Price-to-Sales Ratio
APP
22.51
Software - Application Industry
- Max
- 23.49
- Q3
- 11.14
- Median
- 5.62
- Q1
- 2.84
- Min
- 0.33
APP’s P/S Ratio of 22.51 is in the upper echelon for the Software - Application industry. This means the company is valued richly on its revenue stream compared to its peers, suggesting the stock is priced for a high level of future performance.
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.
Price-to-Book Ratio
APP
201.77
Software - Application Industry
- Max
- 21.03
- Q3
- 10.49
- Median
- 6.36
- Q1
- 2.89
- Min
- 0.12
The P/B Ratio is often not a primary valuation metric for the Software - Application industry.
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.
Valuation at a Glance
| Symbol | APP | SNX |
|---|---|---|
| Price-to-Earnings Ratio (P/E, TTM) | 60.47 | 12.57 |
| Forward PEG Ratio (TTM) | 2.46 | 0.98 |
| Price-to-Sales Ratio (P/S, TTM) | 22.51 | 0.20 |
| Price-to-Book Ratio (P/B, TTM) | 201.77 | 1.40 |
| Price-to-Free Cash Flow Ratio (P/FCF, TTM) | 45.64 | 19.45 |
| EV-to-EBITDA (TTM) | 45.16 | 10.34 |
| EV-to-Sales (TTM) | 23.13 | 0.19 |