ASX vs. SNX: A Head-to-Head Stock Comparison
Updated onHere’s a clear look at ASX and SNX, comparing key factors like historical performance, profitability, financial strength, growth, dividend, and valuation.
Company Overview
ASX’s market capitalization of 22.53 billion USD is substantially larger than SNX’s 11.77 billion USD, indicating a significant difference in their market valuations.
With betas of 0.92 for ASX and 1.19 for SNX, both stocks show similar sensitivity to overall market movements.
ASX trades as an American Depositary Receipt (ADR), offering U.S. investors a convenient way to access its foreign-listed shares. In contrast, SNX is a standard domestic listing.
| Symbol | ASX | SNX |
|---|---|---|
| Company Name | ASE Technology Holding Co., Ltd. | TD SYNNEX Corporation |
| Country | TW | US |
| Sector | Technology | Technology |
| Industry | Semiconductors | Technology Distributors |
| CEO | Hung-Pen Chang | Patrick Zammit |
| Price | 10.37 USD | 140.21 USD |
| Market Cap | 22.53 billion USD | 11.77 billion USD |
| Beta | 0.92 | 1.19 |
| Exchange | NYSE | NYSE |
| IPO Date | October 2, 2000 | November 25, 2003 |
| ADR | Yes | No |
Historical Performance
This chart compares the performance of ASX 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
ASX
11.03%
Semiconductors Industry
- Max
- 41.84%
- Q3
- 15.81%
- Median
- 6.31%
- Q1
- -5.54%
- Min
- -30.12%
ASX’s Return on Equity of 11.03% 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.
Return on Invested Capital
ASX
5.98%
Semiconductors Industry
- Max
- 30.91%
- Q3
- 11.34%
- Median
- 4.08%
- Q1
- -2.17%
- Min
- -19.59%
ASX’s Return on Invested Capital of 5.98% is in line with the norm for the Semiconductors industry, reflecting a standard level of efficiency in generating profits from its capital base.
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
ASX
5.61%
Semiconductors Industry
- Max
- 51.69%
- Q3
- 19.67%
- Median
- 8.56%
- Q1
- -5.44%
- Min
- -38.60%
ASX’s Net Profit Margin of 5.61% 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.
Operating Profit Margin
ASX
7.01%
Semiconductors Industry
- Max
- 58.03%
- Q3
- 22.12%
- Median
- 8.40%
- Q1
- -3.73%
- Min
- -36.14%
ASX’s Operating Profit Margin of 7.01% is around the midpoint for the Semiconductors industry, indicating that its efficiency in managing core business operations is typical for the sector.
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 | ASX | SNX |
|---|---|---|
| Return on Equity (TTM) | 11.03% | 11.37% |
| Return on Assets (TTM) | 4.43% | 3.04% |
| Return on Invested Capital (TTM) | 5.98% | 9.31% |
| Net Profit Margin (TTM) | 5.61% | 1.54% |
| Operating Profit Margin (TTM) | 7.01% | 2.10% |
| Gross Profit Margin (TTM) | 16.32% | 6.74% |
Financial Strength
Current Ratio
ASX
1.04
Semiconductors Industry
- Max
- 9.10
- Q3
- 5.23
- Median
- 3.09
- Q1
- 2.49
- Min
- 1.02
ASX’s Current Ratio of 1.04 falls into the lower quartile for the Semiconductors industry. This indicates a tighter liquidity situation and a more constrained capacity to handle short-term debt than many of its competitors.
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
ASX
0.72
Semiconductors Industry
- Max
- 0.97
- Q3
- 0.46
- Median
- 0.21
- Q1
- 0.05
- Min
- 0.00
ASX’s leverage is in the upper quartile of the Semiconductors industry, with a Debt-to-Equity Ratio of 0.72. While this approach can boost equity growth, it also exposes the company to greater financial vulnerability.
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
ASX
7.79
Semiconductors Industry
- Max
- 36.25
- Q3
- 29.12
- Median
- 7.01
- Q1
- -1.22
- Min
- -18.18
ASX’s Interest Coverage Ratio of 7.79 is positioned comfortably within the norm for the Semiconductors 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 | ASX | SNX |
|---|---|---|
| Current Ratio (TTM) | 1.04 | 1.26 |
| Quick Ratio (TTM) | 0.82 | 0.75 |
| Debt-to-Equity Ratio (TTM) | 0.72 | 0.05 |
| Debt-to-Asset Ratio (TTM) | 0.29 | 0.01 |
| Net Debt-to-EBITDA Ratio (TTM) | 1.32 | -0.35 |
| Interest Coverage Ratio (TTM) | 7.79 | -114.61 |
Growth
The following charts compare key year-over-year (YoY) growth metrics for ASX 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
ASX
3.60%
Semiconductors Industry
- Max
- 6.48%
- Q3
- 0.93%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
With a Dividend Yield of 3.60%, ASX offers a more attractive income stream than most of its peers in the Semiconductors industry, signaling a strong commitment to shareholder returns.
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
ASX
65.52%
Semiconductors Industry
- Max
- 204.29%
- Q3
- 31.85%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
ASX’s Dividend Payout Ratio of 65.52% is in the upper quartile for the Semiconductors industry. This indicates a strong commitment to shareholder returns but also suggests that a smaller portion of earnings is retained for reinvestment compared to many peers.
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 | ASX | SNX |
|---|---|---|
| Dividend Yield (TTM) | 3.60% | 1.20% |
| Dividend Payout Ratio (TTM) | 65.52% | 15.36% |
Valuation
Price-to-Earnings Ratio
ASX
18.57
Semiconductors Industry
- Max
- 86.15
- Q3
- 47.38
- Median
- 27.87
- Q1
- 18.89
- Min
- 4.73
In the lower quartile for the Semiconductors industry, ASX’s P/E Ratio of 18.57 suggests the stock may be undervalued compared to its peers, potentially presenting an attractive entry point for investors.
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
ASX
0.73
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.
Price-to-Sales Ratio
ASX
1.05
Semiconductors Industry
- Max
- 21.96
- Q3
- 10.21
- Median
- 4.45
- Q1
- 2.32
- Min
- 0.48
In the lower quartile for the Semiconductors industry, ASX’s P/S Ratio of 1.05 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.
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
ASX
2.04
Semiconductors Industry
- Max
- 13.12
- Q3
- 6.49
- Median
- 3.31
- Q1
- 1.74
- Min
- 0.23
ASX’s P/B Ratio of 2.04 is within the conventional range for the Semiconductors 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.
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 | ASX | SNX |
|---|---|---|
| Price-to-Earnings Ratio (P/E, TTM) | 18.57 | 12.57 |
| Forward PEG Ratio (TTM) | 0.73 | 0.98 |
| Price-to-Sales Ratio (P/S, TTM) | 1.05 | 0.20 |
| Price-to-Book Ratio (P/B, TTM) | 2.04 | 1.40 |
| Price-to-Free Cash Flow Ratio (P/FCF, TTM) | -63.40 | 19.45 |
| EV-to-EBITDA (TTM) | 7.08 | 10.34 |
| EV-to-Sales (TTM) | 1.29 | 0.19 |