Elong Power (NASDAQ:ELPW – Get Free Report) and TD SYNNEX (NYSE:SNX – Get Free Report) are both computer and technology companies, but which is the superior business? We will compare the two businesses based on the strength of their earnings, profitability, analyst recommendations, dividends, risk, valuation and institutional ownership.
Insider & Institutional Ownership
88.3% of Elong Power shares are owned by institutional investors. Comparatively, 84.0% of TD SYNNEX shares are owned by institutional investors. 21.1% of Elong Power shares are owned by company insiders. Comparatively, 1.0% of TD SYNNEX shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.
Risk and Volatility
Elong Power has a beta of -2.9, meaning that its stock price is 390% less volatile than the S&P 500. Comparatively, TD SYNNEX has a beta of 1.32, meaning that its stock price is 32% more volatile than the S&P 500.
Valuation and Earnings
Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
Elong Power | $1.40 million | 123.29 | -$7.45 million | N/A | N/A |
TD SYNNEX | $58.45 billion | 0.21 | $689.09 million | $8.56 | 17.23 |
TD SYNNEX has higher revenue and earnings than Elong Power.
Analyst Ratings
This is a summary of recent ratings and target prices for Elong Power and TD SYNNEX, as reported by MarketBeat.
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
Elong Power | 0 | 0 | 0 | 0 | 0.00 |
TD SYNNEX | 0 | 2 | 8 | 0 | 2.80 |
TD SYNNEX has a consensus price target of $149.30, indicating a potential upside of 1.25%. Given TD SYNNEX’s stronger consensus rating and higher probable upside, analysts plainly believe TD SYNNEX is more favorable than Elong Power.
Profitability
This table compares Elong Power and TD SYNNEX’s net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
Elong Power | N/A | N/A | N/A |
TD SYNNEX | 1.21% | 11.58% | 3.18% |
Summary
TD SYNNEX beats Elong Power on 9 of the 12 factors compared between the two stocks.
About Elong Power
Elong Power Holding Ltd. engages in the research and development, manufacturing, sales and service of high-power lithium-ion batteries for electric vehicles and construction machinery, as well as large-capacity, long-cycle lithium-ion batteries for energy storage systems. The company was founded on August 18, 2023 and is headquartered in Ganzhou, China.
About TD SYNNEX
TD SYNNEX Corporation operates as a distributor and solutions aggregator for the information technology (IT) ecosystem. The company offers personal computing devices and peripherals, mobile phones and accessories, printers, supplies, and endpoint technology software; and data center technologies, such as hybrid cloud, security, storage, networking, servers, technology software, and converged and hyper-converged infrastructure, as well as computing components. It also provides systems design and rack integration, build-to-order, and configure-to-order assembly; and thermal testing, power-draw testing, burn-in, and quality and logistics support. In addition, the company offers outsourced fulfillment, virtual distribution, and direct ship to end-users; shipping documents generation, multi-level serial number tracking, and configured products and online order and shipment tracking, as well as turn-key logistics solutions. Further, it provides public cloud solutions in productivity and collaboration, IaaS, or Infrastructure as a Service, PaaS, or Platform as a Service, SaaS, or Software as a Service, security, mobility, IoT, and other hybrid solutions. Additionally, the company offers online services; provides net terms, third party leasing, floor plan financing, and letters-of-credit backed financing and arrangement; and leases products and provides device-as-a-service, as well as offers direct mail, external media advertising, reseller product training, targeted telemarketing campaigns, national and regional trade shows, trade groups, database analysis, print on demand services, and web-based marketing. It serves value-added resellers, corporate resellers, government resellers, system integrators, direct marketers, retailers, and managed service providers. The company was formerly known as SYNNEX Corporation and changed its name to TD SYNNEX Corporation in September 2021. TD SYNNEX Corporation was founded in 1974 and is headquartered in Fremont, California.
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