Analyzing TD SYNNEX (NYSE:SNX) and Elong Power (NASDAQ:ELPW)

Elong Power (NASDAQ:ELPW) and TD SYNNEX (NYSE:SNX) are both computer and technology companies, but which is the better business? We will compare the two companies based on the strength of their risk, institutional ownership, profitability, earnings, valuation, dividends and analyst recommendations.

Valuation and Earnings

This table compares Elong Power and TD SYNNEX”s revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Elong Power	$3.16 million	6.34	-$7.45 million	N/A	N/A
TD SYNNEX	$58.45 billion	0.20	$689.09 million	$8.56	16.97

TD SYNNEX has higher revenue and earnings than Elong Power.

Insider and 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 endowments, hedge funds and large money managers believe a company will outperform the market over the long term.

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%

Volatility & Risk

Elong Power has a beta of -2.9, indicating that its share price is 390% less volatile than the S&P 500. Comparatively, TD SYNNEX has a beta of 1.32, indicating that its share price is 32% more volatile than the S&P 500.

Analyst Recommendations

This is a summary of current recommendations for Elong Power and TD SYNNEX, as provided by MarketBeat.com.

	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 2.78%. Given TD SYNNEX’s stronger consensus rating and higher possible upside, analysts plainly believe TD SYNNEX is more favorable than Elong Power.

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.