2347 (Synnex Technology International Corp) vs Taiwan Weighted Index Comparison

2347

Taiwan Weighted Index

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2347

Taiwan Weighted Index

Difference

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2347

Taiwan Weighted Index

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Compare the stock's returns with its benchmark index and competitors. Gain insights into its relative performance over time.

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Taiwan Weighted Index

2347

CDW

SNX

000938

ARW

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Compare the stock's returns with its benchmark index and competitors. Gain insights into its relative performance over time.

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Synnex Technology International Corp
Glance View

Market Cap

120.9B TWD

Industry

Electrical Equipment

Synnex Technology International Corp., an unsung titan in the technology and supply chain sectors, has woven itself into the fabric of modern commerce since its founding in 1975. Anchored in Taiwan, the company started its journey in the world of distribution, gradually becoming a pivotal player in the intricate web of global technology. Synnex specializes in the distribution of a wide range of electronic products, particularly computers, peripherals, electronic components, and software. Its expertise lies in seamlessly navigating the complex labyrinth of supply chains to ensure that technology products find their way from manufacturers to end-users efficiently. In essence, Synnex acts as a critical bridge between the manufacturers, eager to extend their global reach, and the myriad resellers who seek to provide the latest technology to consumers and businesses alike. Beyond its distribution prowess, Synnex is also deeply entrenched in providing value-added services that have become indispensable to its robust business model. The firm enriches its core operations by offering solutions such as logistics, integration services, and assembly processes, which are tailored to various clients’ needs. This layered service approach allows Synnex to extract value at multiple junctures of the supply chain. By harmonizing these activities, Synnex not only enhances its revenue streams but also fosters long-term partnerships. With technology demand continually burgeoning and industries evolving, Synnex stands resilient, thriving as an essential artery in the ever-pulsating world of tech distribution and services.

View Synnex Technology International Corp Analysis

Intrinsic Value

What is Intrinsic Value?

Economic Moat is a concept popularized by Warren Buffett to describe a company's durable competitive advantage. It represents the 'moat' that protects a company from competitors and helps it sustain profitability over the long term. Our analysis of the past 10 years showed that companies with a wide economic moat significantly outperformed the market, delivering +645% returns compared to +189% for the S&P 500.

Our research into Economic Moat performance spans the past 10 years and focuses on companies with a wide economic moat. For this analysis, we calculated the average stock price returns of these companies, comparing them to the performance of the S&P 500 index over the same period.

The results were compelling: wide moat stocks achieved a remarkable +645% average return, compared to +188% for the broader market. This difference highlights the long-term benefits of investing in businesses that can maintain their market position and pricing power over time.

Note: This research does not account for survivorship bias. Past performance is not indicative of future results.

Determining whether a company has an economic moat requires both a deep dive into financial metrics and a qualitative assessment of its competitive position. Our analysts conduct a rigorous evaluation that focuses on identifying structural advantages that enable a company to sustain profitability and defend its market share over the long term.

The process begins with an analysis of a company’s historical financial performance. We assess how consistently the company has generated returns above its cost of capital and whether those returns have been stable or improving. However, financial performance alone doesn’t reveal the full picture. To understand the sources of these advantages, we evaluate five key drivers of economic moats:

Network Effect: We analyze whether the value of a company’s product or service grows as its user base expands. Platforms like payment systems or marketplaces benefit from this self-reinforcing.

Switching Costs: We assess whether customers face significant costs or disruptions when switching to a competitor’s product or service. High switching costs create customer stickiness and provide pricing power.

Intangible Assets: Strong brands, patents, and regulatory licenses can protect a company’s market position by creating barriers for competitors or enabling premium pricing. For example, a well-recognized consumer brand may command higher customer loyalty and margins.

Efficient scale: Occurs when a market is optimally served by one or a few players, making it unprofitable for new entrants to compete. This typically happens in industries with high fixed costs or geographic constraints, such as utilities or pipelines.

Cost Advantage: Companies with structural cost advantages can produce goods or services at a lower cost than their competitors, enabling them to offer competitive pricing or maintain higher margins. These advantages often arise from economies of scale, superior supply chain management, or proprietary technology. Firms like Walmart leverage their massive scale to negotiate better terms with suppliers, allowing them to undercut competitors on price.

By examining these factors in combination with a company’s financial performance and market positioning, we classify each company into one of three categories:

This rigorous evaluation ensures that our moat ratings are both comprehensive and reliable, giving investors the tools they need to make well-informed, long-term decisions.

US		CDW Corp NASDAQ:CDW	Add
ZA	D	Datatec Ltd JSE:DTC	Add
US		TD Synnex Corp NYSE:SNX	Add
CN		Unisplendour Corp Ltd SZSE:000938	Add
US		Arrow Electronics Inc NYSE:ARW	Add
US		Insight Enterprises Inc NASDAQ:NSIT	Add
US		Avnet Inc NASDAQ:AVT	Add
TW		WT Microelectronics Co Ltd TWSE:3036	Add
TW		WPG Holdings Ltd TWSE:3702	Add
JP		Canon Marketing Japan Inc TSE:8060	Add

US		CDW Corp NASDAQ:CDW	Select
ZA	D	Datatec Ltd JSE:DTC	Select
US		TD Synnex Corp NYSE:SNX	Select
CN		Unisplendour Corp Ltd SZSE:000938	Select
US		Arrow Electronics Inc NYSE:ARW	Select
US		Insight Enterprises Inc NASDAQ:NSIT	Select
US		Avnet Inc NASDAQ:AVT	Select
TW		WT Microelectronics Co Ltd TWSE:3036	Select
TW		WPG Holdings Ltd TWSE:3702	Select
JP		Canon Marketing Japan Inc TSE:8060	Select

US		CDW Corp NASDAQ:CDW	Add
ZA	D	Datatec Ltd JSE:DTC	Add
US		TD Synnex Corp NYSE:SNX	Add
CN		Unisplendour Corp Ltd SZSE:000938	Add
US		Arrow Electronics Inc NYSE:ARW	Add
US		Insight Enterprises Inc NASDAQ:NSIT	Add
US		Avnet Inc NASDAQ:AVT	Add
TW		WT Microelectronics Co Ltd TWSE:3036	Add
TW		WPG Holdings Ltd TWSE:3702	Add
JP		Canon Marketing Japan Inc TSE:8060	Add

MX	M	Mexico S&P/BMV IPC INDX:MXX	Add
PK	K	Karachi 100 INDX:KSE100	Add
SA	T	Tadawul All Share INDX:TASI	Add
TH	S	SET Index INDX:SET	Add
ID	J	Jakarta Composite Index INDX:JKSE	Add
GR	A	Athens General Composite INDX:ATG	Add
BR	B	BOVESPA INDX:BVSP	Add
AR	S	S&P Merval INDX:MERV	Add
CZ	P	PX Prague Stock Index INDX:PX	Add
RU	M	MOEX Russia INDX:IMOEX	Add

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2347

vs

Taiwan Weighted Index

Stocks Performance
2347 vs Taiwan Weighted Index

Performance Gap
2347 vs Taiwan Weighted Index

Performance By Year
2347 vs Taiwan Weighted Index

Competitors Performance
Synnex Technology International Corp vs Peers

Synnex Technology International Corp
Glance View

Company

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2347 vs Taiwan Weighted Index

Stocks Performance 2347 vs Taiwan Weighted Index

Performance Gap 2347 vs Taiwan Weighted Index

Performance By Year 2347 vs Taiwan Weighted Index

Competitors Performance Synnex Technology International Corp vs Peers

Synnex Technology International Corp Glance View

Company

Help

Tools

Stocks

2347

vs

Taiwan Weighted Index

Stocks Performance
2347 vs Taiwan Weighted Index

Performance Gap
2347 vs Taiwan Weighted Index

Performance By Year
2347 vs Taiwan Weighted Index

Competitors Performance
Synnex Technology International Corp vs Peers

Synnex Technology International Corp
Glance View