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OTEX vs. SNX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between OTEX and SNX is 0.53, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


Performance

OTEX vs. SNX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Open Text Corp (OTEX) and TD SYNNEX Corporation (SNX). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

OTEX:

-0.19

SNX:

-0.12

Sortino Ratio

OTEX:

-0.08

SNX:

0.12

Omega Ratio

OTEX:

0.99

SNX:

1.02

Calmar Ratio

OTEX:

-0.12

SNX:

-0.08

Martin Ratio

OTEX:

-0.46

SNX:

-0.20

Ulcer Index

OTEX:

13.78%

SNX:

13.04%

Daily Std Dev

OTEX:

30.33%

SNX:

33.29%

Max Drawdown

OTEX:

-72.05%

SNX:

-67.27%

Current Drawdown

OTEX:

-43.46%

SNX:

-15.10%

Fundamentals

Market Cap

OTEX:

$7.26B

SNX:

$10.26B

EPS

OTEX:

$2.44

SNX:

$8.00

PE Ratio

OTEX:

11.48

SNX:

15.29

PEG Ratio

OTEX:

0.87

SNX:

0.89

PS Ratio

OTEX:

1.39

SNX:

0.17

PB Ratio

OTEX:

1.78

SNX:

1.26

Total Revenue (TTM)

OTEX:

$5.22B

SNX:

$59.01B

Gross Profit (TTM)

OTEX:

$3.64B

SNX:

$3.87B

EBITDA (TTM)

OTEX:

$2.02B

SNX:

$1.50B

Returns By Period

In the year-to-date period, OTEX achieves a 0.35% return, which is significantly lower than SNX's 5.06% return. Over the past 10 years, OTEX has underperformed SNX with an annualized return of 4.94%, while SNX has yielded a comparatively higher 12.67% annualized return.


OTEX

YTD

0.35%

1M

10.44%

6M

-1.77%

1Y

-5.77%

3Y*

-7.74%

5Y*

-4.29%

10Y*

4.94%

SNX

YTD

5.06%

1M

15.64%

6M

5.70%

1Y

-4.04%

3Y*

9.08%

5Y*

20.80%

10Y*

12.67%

*Annualized

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Open Text Corp

TD SYNNEX Corporation

Risk-Adjusted Performance

OTEX vs. SNX — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

OTEX
The Risk-Adjusted Performance Rank of OTEX is 3939
Overall Rank
The Sharpe Ratio Rank of OTEX is 4141
Sharpe Ratio Rank
The Sortino Ratio Rank of OTEX is 3434
Sortino Ratio Rank
The Omega Ratio Rank of OTEX is 3434
Omega Ratio Rank
The Calmar Ratio Rank of OTEX is 4444
Calmar Ratio Rank
The Martin Ratio Rank of OTEX is 4242
Martin Ratio Rank

SNX
The Risk-Adjusted Performance Rank of SNX is 4444
Overall Rank
The Sharpe Ratio Rank of SNX is 4545
Sharpe Ratio Rank
The Sortino Ratio Rank of SNX is 4040
Sortino Ratio Rank
The Omega Ratio Rank of SNX is 4141
Omega Ratio Rank
The Calmar Ratio Rank of SNX is 4747
Calmar Ratio Rank
The Martin Ratio Rank of SNX is 4747
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

OTEX vs. SNX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Open Text Corp (OTEX) and TD SYNNEX Corporation (SNX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


The current OTEX Sharpe Ratio is -0.19, which is lower than the SNX Sharpe Ratio of -0.12. The chart below compares the historical Sharpe Ratios of OTEX and SNX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

OTEX vs. SNX - Dividend Comparison

OTEX's dividend yield for the trailing twelve months is around 3.69%, more than SNX's 1.37% yield.


TTM20242023202220212020201920182017201620152014
OTEX
Open Text Corp
3.69%3.62%2.35%3.13%1.78%1.60%1.54%1.80%1.43%1.44%2.45%1.15%
SNX
TD SYNNEX Corporation
1.37%1.36%1.30%1.27%0.70%0.25%1.16%1.73%0.77%1.03%0.64%0.16%

Drawdowns

OTEX vs. SNX - Drawdown Comparison

The maximum OTEX drawdown since its inception was -72.05%, which is greater than SNX's maximum drawdown of -67.27%. Use the drawdown chart below to compare losses from any high point for OTEX and SNX. For additional features, visit the drawdowns tool.


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Volatility

OTEX vs. SNX - Volatility Comparison

Open Text Corp (OTEX) has a higher volatility of 7.91% compared to TD SYNNEX Corporation (SNX) at 6.69%. This indicates that OTEX's price experiences larger fluctuations and is considered to be riskier than SNX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Financials

OTEX vs. SNX - Financials Comparison

This section allows you to compare key financial metrics between Open Text Corp and TD SYNNEX Corporation. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


0.005.00B10.00B15.00B20212022202320242025
1.25B
14.53B
(OTEX) Total Revenue
(SNX) Total Revenue
Values in USD except per share items

OTEX vs. SNX - Profitability Comparison

The chart below illustrates the profitability comparison between Open Text Corp and TD SYNNEX Corporation over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

Gross Margin
Operating Margin
Net Margin
Quarterly
Annual

10.0%20.0%30.0%40.0%50.0%60.0%70.0%20212022202320242025
71.6%
6.9%
(OTEX) Gross Margin
(SNX) Gross Margin
OTEX - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Open Text Corp reported a gross profit of 898.25M and revenue of 1.25B. Therefore, the gross margin over that period was 71.6%.

SNX - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, TD SYNNEX Corporation reported a gross profit of 998.01M and revenue of 14.53B. Therefore, the gross margin over that period was 6.9%.

OTEX - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Open Text Corp reported an operating income of 209.09M and revenue of 1.25B, resulting in an operating margin of 16.7%.

SNX - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, TD SYNNEX Corporation reported an operating income of 304.46M and revenue of 14.53B, resulting in an operating margin of 2.1%.

OTEX - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Open Text Corp reported a net income of 92.81M and revenue of 1.25B, resulting in a net margin of 7.4%.

SNX - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, TD SYNNEX Corporation reported a net income of 167.54M and revenue of 14.53B, resulting in a net margin of 1.2%.