TD SYNNEX (NYSE:SNX) has introduced its Global FinOps Practice, powered by IBM Cloudability, with the goal of setting a new benchmark for financial operations in the cloud. This service offers real-time analytics, cost optimization, and financial accountability to partners and customers managing multi-cloud environments.

TD SYNNEX has not only been making waves with its FinOps innovation but has also seen impressive share price momentum, with a year-to-date share price return of 34.6%. The company’s 1-year total shareholder return stands at 30.6%, while its 3-year total return nearly doubled investors’ stakes. This highlights strong long-term compounding. Recent executive appointments and successful debt financings have reinforced stability and positioned the business well for future growth.

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Despite its impressive rally and headline-grabbing innovations, does TD SYNNEX still trade at a discount? Or is the stock already reflecting all its growth potential and operational wins in the current price?

Most Popular Narrative: 10.3% Undervalued

With TD SYNNEX recently closing at $156.81 and the most widely followed narrative assigning a fair value nearly 10% higher, opinion stands divided on how much upside remains in the current price.

The continued enterprise-wide digital transformation and AI adoption, highlighted by double-digit growth in software (especially in cloud, cybersecurity, virtualization, and infrastructure software), is extending TD SYNNEX's addressable market and generating higher recurring revenue streams. This is likely to drive consistent revenue and margin expansion.

What is driving this valuation estimate that stands out from the market? See which bold revenue growth assumptions, long-term profit margin projections, and future multiple thinking form the backbone of this fair value. There are a few surprises behind the headline.

Result: Fair Value of $174.73 (UNDERVALUED)

However, softer demand from customers who advanced purchases or further margin pressures could quickly challenge the upbeat outlook that supports TD SYNNEX’s fair value estimates.

Build Your Own TD SYNNEX Narrative

If you’d rather see the numbers from a fresh angle or prefer your own research, you can craft a custom narrative in just a few minutes, your way. Do it your way.

A good starting point is our analysis highlighting 4 key rewards investors are optimistic about regarding TD SYNNEX.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.