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

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

Company Profile

SymbolSNPSSNX
Company NameSynopsys, Inc.TD SYNNEX Corporation
CountryUnited StatesUnited States
GICS SectorInformation TechnologyInformation Technology
GICS IndustrySoftwareElectronic Equipment, Instruments & Components
Market Capitalization110.47 billion USD12.26 billion USD
ExchangeNasdaqGSNYSE
Listing DateFebruary 26, 1992November 25, 2003
Security TypeCommon StockCommon Stock

Historical Performance

This chart compares the performance of SNPS 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.

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

Historical Performance at a Glance

SymbolSNPSSNX
5-Day Price Return-2.58%1.66%
13-Week Price Return18.57%21.53%
26-Week Price Return19.17%3.21%
52-Week Price Return8.93%24.49%
Month-to-Date Return-5.76%2.94%
Year-to-Date Return23.00%26.74%
10-Day Avg. Volume1.04M0.57M
3-Month Avg. Volume1.50M0.68M
3-Month Volatility36.24%25.71%
Beta1.161.44

Profitability

Return on Equity (TTM)

SNPS

24.09%

Software Industry

Max
59.01%
Q3
21.98%
Median
7.15%
Q1
-11.12%
Min
-51.24%

In the upper quartile for the Software industry, SNPS’s Return on Equity of 24.09% signals a highly effective use of shareholder capital to drive profitability compared to most of its peers.

SNX

8.91%

Electronic Equipment, Instruments & Components Industry

Max
29.99%
Q3
15.78%
Median
9.05%
Q1
5.63%
Min
-9.55%

SNX’s Return on Equity of 8.91% is on par with the norm for the Electronic Equipment, Instruments & Components industry, indicating its profitability relative to shareholder equity is typical for the sector.

SNPS vs. SNX: A comparison of their Return on Equity (TTM) against their respective Software and Electronic Equipment, Instruments & Components industry benchmarks.

Net Profit Margin (TTM)

SNPS

34.77%

Software Industry

Max
48.14%
Q3
18.23%
Median
5.60%
Q1
-9.22%
Min
-49.36%

A Net Profit Margin of 34.77% places SNPS in the upper quartile for the Software industry, signifying strong profitability and more effective cost management than most of its peers.

SNX

1.21%

Electronic Equipment, Instruments & Components Industry

Max
25.55%
Q3
12.80%
Median
7.58%
Q1
3.09%
Min
-8.70%

Falling into the lower quartile for the Electronic Equipment, Instruments & Components industry, SNX’s Net Profit Margin of 1.21% indicates weaker profitability. This means the company retains a smaller portion of each dollar in sales as profit compared to its competitors.

SNPS vs. SNX: A comparison of their Net Profit Margin (TTM) against their respective Software and Electronic Equipment, Instruments & Components industry benchmarks.

Operating Profit Margin (TTM)

SNPS

20.88%

Software Industry

Max
57.34%
Q3
20.60%
Median
7.84%
Q1
-8.72%
Min
-51.37%

An Operating Profit Margin of 20.88% places SNPS in the upper quartile for the Software industry. This signals a strong ability to translate revenue into operating profit, outperforming most of its competitors in core business efficiency.

SNX

2.10%

Electronic Equipment, Instruments & Components Industry

Max
30.04%
Q3
16.04%
Median
9.75%
Q1
4.27%
Min
-12.63%

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

SNPS vs. SNX: A comparison of their Operating Profit Margin (TTM) against their respective Software and Electronic Equipment, Instruments & Components industry benchmarks.

Profitability at a Glance

SymbolSNPSSNX
Return on Equity (TTM)24.09%8.91%
Return on Assets (TTM)14.06%2.44%
Net Profit Margin (TTM)34.77%1.21%
Operating Profit Margin (TTM)20.88%2.10%
Gross Profit Margin (TTM)79.84%6.74%

Financial Strength

Current Ratio (MRQ)

SNPS

7.02

Software Industry

Max
3.83
Q3
2.31
Median
1.45
Q1
1.03
Min
0.24

SNPS’s Current Ratio of 7.02 is exceptionally high, placing it well outside the typical range for the Software 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

Electronic Equipment, Instruments & Components Industry

Max
4.43
Q3
2.88
Median
2.05
Q1
1.52
Min
0.64

SNX’s Current Ratio of 1.26 falls into the lower quartile for the Electronic Equipment, Instruments & Components industry. This indicates a tighter liquidity situation and a more constrained capacity to handle short-term debt than many of its competitors.

SNPS vs. SNX: A comparison of their Current Ratio (MRQ) against their respective Software and Electronic Equipment, Instruments & Components industry benchmarks.

Debt-to-Equity Ratio (MRQ)

SNPS

1.01

Software Industry

Max
2.14
Q3
0.90
Median
0.29
Q1
0.00
Min
0.00

SNPS’s leverage is in the upper quartile of the Software industry, with a Debt-to-Equity Ratio of 1.01. While this approach can boost equity growth, it also exposes the company to greater financial vulnerability.

SNX

0.49

Electronic Equipment, Instruments & Components Industry

Max
1.14
Q3
0.54
Median
0.34
Q1
0.11
Min
0.00

SNX’s Debt-to-Equity Ratio of 0.49 is typical for the Electronic Equipment, Instruments & Components industry, indicating its use of leverage is in line with the sector norm. This suggests a balanced approach to its capital structure.

SNPS vs. SNX: A comparison of their Debt-to-Equity Ratio (MRQ) against their respective Software and Electronic Equipment, Instruments & Components industry benchmarks.

Interest Coverage Ratio (TTM)

SNPS

257.02

Software Industry

Max
67.02
Q3
19.86
Median
0.70
Q1
-12.50
Min
-53.00

With an Interest Coverage Ratio of 257.02, SNPS demonstrates a superior capacity to service its debt, placing it well above the typical range for the Software industry. This stems from either robust earnings or a conservative debt load.

SNX

3.71

Electronic Equipment, Instruments & Components Industry

Max
101.00
Q3
43.88
Median
13.27
Q1
3.73
Min
-18.73

In the lower quartile for the Electronic Equipment, Instruments & Components industry, SNX’s Interest Coverage Ratio of 3.71 indicates a tighter cushion for servicing debt, suggesting less financial flexibility than many of its competitors.

SNPS vs. SNX: A comparison of their Interest Coverage Ratio (TTM) against their respective Software and Electronic Equipment, Instruments & Components industry benchmarks.

Financial Strength at a Glance

SymbolSNPSSNX
Current Ratio (MRQ)7.021.26
Quick Ratio (MRQ)6.720.75
Debt-to-Equity Ratio (MRQ)1.010.49
Interest Coverage Ratio (TTM)257.023.71

Growth

Revenue Growth

SNPS vs. SNX: A side-by-side comparison of their Revenue Growth for the MRQ (YoY), TTM (YoY), 3-Year CAGR, and 5-Year CAGR periods.

EPS Growth

SNPS vs. SNX: A side-by-side comparison of their EPS Growth for the MRQ (YoY), TTM (YoY), 3-Year CAGR, and 5-Year CAGR periods.

Dividend

Dividend Yield (TTM)

SNPS

0.00%

Software Industry

Max
0.08%
Q3
0.03%
Median
0.00%
Q1
0.00%
Min
0.00%

SNPS 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

1.19%

Electronic Equipment, Instruments & Components Industry

Max
4.86%
Q3
2.53%
Median
1.28%
Q1
0.16%
Min
0.00%

SNX’s Dividend Yield of 1.19% is consistent with its peers in the Electronic Equipment, Instruments & Components industry, providing a dividend return that is standard for its sector.

SNPS vs. SNX: A comparison of their Dividend Yield (TTM) against their respective Software and Electronic Equipment, Instruments & Components industry benchmarks.

Dividend Payout Ratio (TTM)

SNPS

0.00%

Software Industry

Max
1.32%
Q3
0.53%
Median
0.00%
Q1
0.00%
Min
0.00%

SNPS 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

19.61%

Electronic Equipment, Instruments & Components Industry

Max
161.37%
Q3
67.12%
Median
34.46%
Q1
3.82%
Min
0.00%

SNX’s Dividend Payout Ratio of 19.61% is within the typical range for the Electronic Equipment, Instruments & Components industry, suggesting a balanced approach between shareholder payouts and company reinvestment.

SNPS vs. SNX: A comparison of their Dividend Payout Ratio (TTM) against their respective Software and Electronic Equipment, Instruments & Components industry benchmarks.

Dividend at a Glance

SymbolSNPSSNX
Dividend Yield (TTM)0.00%1.19%
Dividend Payout Ratio (TTM)0.00%19.61%

Valuation

Price-to-Earnings Ratio (TTM)

SNPS

52.11

Software Industry

Max
149.35
Q3
100.21
Median
47.97
Q1
26.77
Min
11.68

SNPS’s P/E Ratio of 52.11 is within the middle range for the Software 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

16.51

Electronic Equipment, Instruments & Components Industry

Max
73.87
Q3
41.11
Median
25.31
Q1
18.58
Min
8.59

In the lower quartile for the Electronic Equipment, Instruments & Components industry, SNX’s P/E Ratio of 16.51 suggests the stock may be undervalued compared to its peers, potentially presenting an attractive entry point for investors.

SNPS vs. SNX: A comparison of their Price-to-Earnings Ratio (TTM) against their respective Software and Electronic Equipment, Instruments & Components industry benchmarks.

Price-to-Sales Ratio (TTM)

SNPS

18.12

Software Industry

Max
25.24
Q3
13.52
Median
8.15
Q1
4.87
Min
0.98

SNPS’s P/S Ratio of 18.12 is in the upper echelon for the Software 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

Electronic Equipment, Instruments & Components Industry

Max
6.74
Q3
3.49
Median
2.03
Q1
1.16
Min
0.11

In the lower quartile for the Electronic Equipment, Instruments & Components 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.

SNPS vs. SNX: A comparison of their Price-to-Sales Ratio (TTM) against their respective Software and Electronic Equipment, Instruments & Components industry benchmarks.

Price-to-Book Ratio (MRQ)

SNPS

7.16

Software Industry

Max
30.95
Q3
14.91
Median
7.75
Q1
3.60
Min
0.38

SNPS’s P/B Ratio of 7.16 is within the conventional range for the Software 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

1.20

Electronic Equipment, Instruments & Components Industry

Max
6.45
Q3
3.49
Median
1.98
Q1
1.31
Min
0.35

SNX’s P/B Ratio of 1.20 is in the lower quartile for the Electronic Equipment, Instruments & Components industry. From a value investing perspective, this is favorable, as it suggests the stock is trading at a discount to its net asset value and may offer a greater margin of safety.

SNPS vs. SNX: A comparison of their Price-to-Book Ratio (MRQ) against their respective Software and Electronic Equipment, Instruments & Components industry benchmarks.

Valuation at a Glance

SymbolSNPSSNX
Price-to-Earnings Ratio (TTM)52.1116.51
Price-to-Sales Ratio (TTM)18.120.20
Price-to-Book Ratio (MRQ)7.161.20
Price-to-Free Cash Flow Ratio (TTM)95.848.60