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  • A Technology Solutions and

    Business Services Company

    Stifel Technology Conference

    June 5, 20171

  • Safe Harbor StatementStatements in this presentation regarding SYNNEX Corporation which are not historical facts may be

    forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section

    21E of the Securities Exchange Act of 1934. These forward-looking statements may be identified by terms

    such as believe, expect, may, will, provide, could and should and the negative of these terms or other

    similar expressions. These forward-looking statements include, but are not limited to, statements regarding

    our business strategy, our investments, our growth, shareholder return, margins, revenues, technology

    trends and IT market growth, IoT spending and installs growth, CRM BPO market and growth, our mix shift

    to higher margin technology platforms and services, Hyve Solutions and BPO Customer Care adjacent

    market growth, core organic growth beyond market growth in Technology Solutions and Concentrix-

    focused verticals, our product and service features and capabilities, our target revenue growth range, our

    target adjusted operating margin and our financial goals.

    These are subject to risks and uncertainties that could cause actual results to differ materially from those

    discussed in the forward-looking statements. Please refer to the documents filed with the Securities and

    Exchange Commission, specifically our most recent Form 10-K and Form 10-Q, for information on risk

    factors that could cause actual results to differ materially from those discussed in these forward looking

    statements. Statements included in this presentation are based upon information known to SYNNEX

    Corporation as of the date of presentation and SYNNEX Corporation assumes no obligation to update

    information contained in this presentation.

    2

    © 2017, SYNNEX Corporation. All rights reserved.

  • Facts About SYNNEX

    2016

    Ranked

    No. 212

    Consecutive,

    Profitable

    Quarters!

    Operate

    throughout

    North and South

    America, Asia-

    Pacific and

    Europe.

    5-Year

    CAGR 6.2%>100,000

    ASSOCIATES

    CELEBRATING

    119as of February 28, 2017

    2016REVENUE

    >$14 B

    NYSE: SNX

    3

    © 2017, SYNNEX Corporation. All rights reserved.

  • • A new paradigm for scale

    computing, with purpose-

    built, large scale data center

    solutions

    • Hyperscale Factories in the

    US and UK

    The World’s Largest Data

    Center Customers

    • Web 2.0/Social Media,

    Finance, Entertainment

    Design and Deliver Custom, Purpose-Built Servers, Storage, Switches

    • Efficient Design, Large Scale and Worldwide Deployment

    • Focused Footprint in the US, Canada and Japan

    • Represent over 300 of the World’s Leading IT and CE Manufacturers

    • 20,000+ Reseller and Retail Customers

    Efficient Deployment of Technology and CE Products and Services through Volume and Value-Add Distribution

    • 100,000 Associates Worldwide

    • 6 Continents

    • 40+ Languages

    • Among Top 5 Global Business

    Services Companies

    Priority Verticals: Healthcare and Pharmaceuticals, Banking and Financial Services, Insurance, and Consumer Electronics and Technology

    Deliver High-Value Business Services and Solutions for the Customer Relationship Lifecycle

    SYNNEX Today

    All End Markets, including Public

    Sector, Corporate & Enterprise,

    SMB and Consumer through

    Value Added Resellers and

    Retailers

    IT Distribution

    Markets We Serve

    What We Do

    What We Look Like

    4

    © 2017, SYNNEX Corporation. All rights reserved.

  • SYNNEX Technology

    Solutions

    5

    © 2017, SYNNEX Corporation. All rights reserved.

  • Technology Solutions: $12.8 Billion Business

    FOCUSED

    MARKETS

    DIVISIONS

    END MARKETS SERVED

    SMB35-40%

    Consumers15-20%

    Public Sector30-35%

    Enterprise20-25%

    • Resellers

    • VARs

    • MSPs

    • CSPs

    • DMRs

    • System

    Integrators

    Business

    Sector

    Resellers

    CE Retailers

    • Food &

    Drug

    • Military

    • Broadcast

    • Retailers

    • E-Tailers

    • Big Box

    6© 2017, SYNNEX Corporation. All rights reserved.

  • Growth is in 3rd Platform Technologies

    2nd PLATFORM

    3rd PLATFORM

    Emerging

    Distribution Model

    1. Cloud Computing

    2. Enterprise Mobility

    3. Big Data & Analytics

    4. Consumer Technology

    7

    © 2017, SYNNEX Corporation. All rights reserved.

  • IoT spending will grow from $692.6 billion in 2015 to $1.46 trillion in 2020 with a CAGR of 16.1%. The install

    base of IoT endpoints will grow from 12.1 billion in 2015 to more than 30 billion devices in 2020.

    Source: IDC – Worldwide Internet of Things Forecast Update 2016-2020, May 2016

    Cloud Computing

    Everything-as-a-Service

    Infrastructure & Business Continuity

    Security

    Professional Services

    PaaS SaaSIaaS

    Big Data

    Data Warehousing

    Professional Services

    Business Intelligence

    Predictive and Applied Analytics

    Data Center Infrastructure

    Consumer Technology

    Home Automation

    Wearables

    Home Healthcare

    Entertainment

    SYNNEX Invests in Growth Technologies

    Personal Devices

    M2M

    Connectivity

    Solutions

    Security

    Device

    Management

    EnterpriseMobility

    Internet of Things Driving Growth

    8© 2017, SYNNEX Corporation. All rights reserved.

  • © 2017, SYNNEX Corporation. All rights reserved.

    SYNNEX’ Comprehensive Cloud Strategy

    End-to-end Platform, XaaS, Subscription-Based Deployment into SMB

    • Marketplace

    • Community

    • Applications

    • Infrastructure

    • Electronic Software

    Download

    Enabling Private and

    Hybrid on Premise

    Cloud-Based

    Architecture

    • Ability to Burst to the Public Cloud

    • OpenStack Cloud Computing Platform

    • IaaS

    • Utility Finance

    ENTERPRISE HYPERSCALE COMPUTING

    Building out the

    Hyperscale Datacenter

    with Custom Built,

    Energy Efficient

    Solutions

    • Open Compute Project

    • High-Performance Computing

    • Design & Integration Capabilities

    SMALL-TO-MEDIUM BUSINESSES

    9

  • Multi-Faceted

    Corporate, Commercial,

    Consumer, Cloud,

    Services Value-Added

    Distributor

    *$12.8B RevenueAdj. Op. Margin: 2.59%

    Commercial Desktop,

    Peripheral & Component Distributor

    $5B Revenue Adj. Op.

    Margin: 1.62%

    • Growth in Changing Environment

    • Investments in Where Markets are Headed

    • Solid Base for Next Step-Up

    10

    *Trailing 12 months ended February 28, 2017.

    Technology SolutionsGrowth and Diversification through Organic Investments and Acquisition

    © 2017, SYNNEX Corporation. All rights reserved.

  • 11

    © 2017, SYNNEX Corporation. All rights reserved.

  • Concentrix At-A-Glance

    12© 2017, SYNNEX Corporation. All rights reserved.

  • Priority Industry Verticals and Service Offerings

    Banking andFinancial Services

    Payer (Member)

    Support

    Provider Service

    Policy

    Management

    Enrollment

    Services

    Claims Auditing

    & Payments

    Consumer Electronics and

    Technology

    Collections &

    Debit

    Management

    Risk Management

    & Compliance

    Credit Card

    Processing

    Payment

    Services

    Customer

    Acquisition

    Life & Health

    Policy

    Administration

    Policy Issuance

    Claims

    Adjudication

    Payment

    Processing

    Benefit Payments

    Technology Platforms

    Analytics

    Consulting/Transformation

    Digital Customer Engagement

    Insurance

    Digital

    Production &

    Marketing

    Channel

    Optimization

    Loyalty

    Management

    Customer

    Experience

    Management

    Acquisition &

    Upsell Support

    Development &

    Use of Telematics

    To Provide

    Improved

    Business

    Solutions

    Enabling Dealer

    Channel Data To

    Connect With Auto

    Manufacturers,

    Dealers &

    Customers

    Technical &

    Customer Support

    AutomotiveHealthcare & Pharmaceuticals

    13© 2017, SYNNEX Corporation. All rights reserved.

  • Service

    Optimization

    Revenue

    Generation

    Customer

    Experience

    DIGITAL CUSTOMER ENGAGEMENT

    CUSTOMER CARE AND TECHNICAL SUPPORT

    TECHNOLOGY AND ADVANCED ANALYTICS

    CONSULTING AND DESIGN THINKING

    FRONT OFFICE BACK OFFICE

    CustomerPriorities

    EnterprisePriorities

    • Brand Awareness

    • Profit

    • Growth

    • Stakeholder Value

    • Employee

    Satisfaction

    • Community

    Involvement

    CUSTOMER LIFECYCLE MANAGEMENT

    LOYALTY PROGRAMS AND PRODUCT RENEWALS

    CONNECTED CUSTOMER ENABLEMENT

    PROCESS OPTIMIZATION AND AUTOMATION

    MARKETING OPTIMIZATION

    LEAD GENERATION AND MARKETING EXECUTION

    End-to-End Customer Engagement SolutionsHolistic approach across front and back office to improve the customer experience and drive higher value for our clients

    • Positive

    Experience

    • Minimal Level

    of Effort

    • Meets

    Expectations

    • Personalized

    • Value Received

    14© 2017, SYNNEX Corporation. All rights reserved.

  • Annualized revenue for Concentrix is approximately $1.9 billion, including recent

    acquisition of Minacs on August 1, 2016.

    *Trailing 12 months ended February 28, 2017

    ConcentrixTransformation from Niche ServiceOfferings to Global High Value Innovator

    • Consultative Approach

    • Extensive Domain Expertise

    • Deep Relationships

    Revenue$7M

    15

    Top Ten BPO CRM Service Provider

    *$1.7B RevenueAdj. Op. Margin: 8.67%

    © 2017, SYNNEX Corporation. All rights reserved.

  • CRM BPO Large and Growing Market

    $61 $64 $67

    $70 $73

    $77 $172 $178

    $188 $197

    $208 $219

    $0

    $50

    $100

    $150

    $200

    $250

    2015 2016 2017 2018 2019 2020

    Non-CRM CRM

    IDC Market Summary

    • CRM approximately $64B market

    • Growth expected

    approximately 4.6% CAGR

    • Large players consolidating the

    market through recent M&A

    • BPO market approximately

    $178B to $188B represents

    adjacent growth opportunities

    • BPO grow expected at

    4.9% CAGR

    Source: IDC Worldwide and U.S. Business Process

    Outsourcing Services Forecast, 2016-2020, April 2016.

    16

    IDC Worldwide BPO Market

    Billions

    © 2017, SYNNEX Corporation. All rights reserved.

  • Financials

    17

    © 2017, SYNNEX Corporation. All rights reserved.

  • Contribution from Business Segments – LTM 2017Concentrix Adjusted Operating Income is 31% of SYNNEX Adjusted Operating Income

    Concentrix$1.7B

    Revenue Adjusted Operating Income(1)

    Technology Solutions

    $12.8BConcentrix

    $149MTechnologySolutions

    $331M

    LTM is the last twelve months ended February 28, 2017.

    (1) Non-GAAP Measure. See the Appendix to this presentation for Definitions of Non-

    GAAP Measures and reconciliation such measures to GAAP.

    18

    © 2017, SYNNEX Corporation. All rights reserved.

  • Revenue Growth ($M) Adjusted Operating Margin(1)

    LTM is the last twelve months ended February 28, 2017.

    (1) Non-GAAP Measure. See the Appendix to this presentation for Definitions of

    Non-GAAP Measures and reconciliation of such measures to GAAP.

    Strong Performance Due To Effective Pursuit of

    Initiatives In Focus Growth Areas In Both Segments

    $10,845

    $13,840$13,338

    $14,062 $14,457

    $0

    $2,000

    $4,000

    $6,000

    $8,000

    $10,000

    $12,000

    $14,000

    $16,000

    2013 2014 2015 2016 LTM 2017

    2.37%

    2.94%3.14% 3.20%

    3.32%

    0.00%

    0.50%

    1.00%

    1.50%

    2.00%

    2.50%

    3.00%

    3.50%

    2013 2014 2015 2016 LTM 2017

    19

    © 2017, SYNNEX Corporation. All rights reserved.

  • Technology Solutions

    Revenue Growth ($M) Adjusted Operating Margin(1)

    $10,666

    $12,756

    $11,937

    $12,491

    $12,753

    $9,500

    $10,000

    $10,500

    $11,000

    $11,500

    $12,000

    $12,500

    $13,000

    2013 2014 2015 2016 LTM 2017

    2.26%2.42%

    2.56% 2.55% 2.59%

    0.00%

    0.50%

    1.00%

    1.50%

    2.00%

    2.50%

    3.00%

    2013 2014 2015 2016 LTM 2017

    Higher Margin Investments in SYNNEX Cloud Strategy Generating

    Revenue and Margin Expansion

    LTM is the last twelve months ended February 28, 2017.

    (1) Non-GAAP Measure. See the Appendix to this presentation for Definitions of

    Non-GAAP Measures and reconciliation of such measures to GAAP.

    20

    © 2017, SYNNEX Corporation. All rights reserved.

  • Concentrix

    Revenue Growth ($M) Adjusted Operating Margin(1)

    Strategic Acquisitions and Investment in Key Growth Verticals

    Uniquely Positions Concentrix on a Global Basis

    $189

    $1,096

    $1,417

    $1,588$1,721

    $0

    $200

    $400

    $600

    $800

    $1,000

    $1,200

    $1,400

    $1,600

    $1,800

    $2,000

    2013 2014 2015 2016 LTM 2017

    8.28%

    8.86%

    8.00%

    8.27%

    8.67%

    7.40%

    7.60%

    7.80%

    8.00%

    8.20%

    8.40%

    8.60%

    8.80%

    9.00%

    2013 2014 2015 2016 LTM 2017

    LTM is the last twelve months ended February 28, 2017.

    (1) Non-GAAP Measure. See the Appendix to this presentation for Definitions of

    Non-GAAP Measures and reconciliation of such measures to GAAP.

    21

    © 2017, SYNNEX Corporation. All rights reserved.

  • (1)Refer to Appendix for calculation.(2)Total liquidity at February 28, 2017 is calculated as the sum of our cash and cash

    equivalents, short-term investments and the unused portion of our available borrowing

    facilities including any accordion features thereon.(3)Approximate dollar value of shares that may yet be purchased under the Program

    Strong Balance Sheet Creates Financial Flexibility

    As of February 28, 2017

    Cash, Cash Equivalents, Short-Term Investments $219M

    Working Capital Velocity(1) 8X

    Total Liquidity(2) $1.1B

    Total Borrowings $1.0B

    Debt to Capitalization(1) 33.1%

    Dividend Yield (Annualized)(1) 0.8%

    3-Year $100 million Share Repurchase Program(3) $84M

    22© 2017, SYNNEX Corporation. All rights reserved.

  • Adjusted EBITDA Growing at a Faster Rate than Revenues

    Adjusted EBITDA(1) ($Millions)

    Five Year CAGR 2011-2016 of 12.9%

    $274

    $443 $468

    $516

    $551

    $0

    $100

    $200

    $300

    $400

    $500

    $600

    2013 2014 2015 2016 LTM 2017

    LTM is the last twelve months ended February 28, 2017.

    (1) Non-GAAP Measure. See the Appendix to this presentation for Definitions of

    Non-GAAP Measures and reconciliation of such measures to GAAP.23

    © 2017, SYNNEX Corporation. All rights reserved.

  • SYNNEX:Focused on the Future

    24© 2017, SYNNEX Corporation. All rights reserved.

  • Deeper Penetration of

    CNX in Priority High

    Margin Verticals

    Hyve Solutions

    Leverage Scale in

    TS and CNX to Drive

    More Efficiency

    Continued

    Optimization of

    Core Businesses

    Continued Mix Shift

    to Higher Margin

    Technology Platforms

    and Services

    Adjacent Market Growth –

    Hyve Solutions, BPO

    beyond Customer Care

    Core Organic Growth

    beyond Market Growth

    in TS and CNX

    Focused Verticals

    Emerging

    Technologies–

    Third Platform/IoT/

    Services and CNX

    Proprietary Platforms

    Continued Growth and Margin Expansion

    25© 2017, SYNNEX Corporation. All rights reserved.

  • Target Revenue Growth Range Target Adjusted Operating Margin

    Underlying Financial Goals: Grow EPS Faster than Revenue Growth

    ROIC Consistently Higher than WACC

    Shareholder Return Superior to our Peers and in Top Tier of Public Companies

    0

    1

    2

    3

    4

    5

    6

    7

    8

    9

    10

    11

    12

    TechnologySolutions

    Concentrix Consolidated

    12%

    11%

    10%

    9%

    8%

    7%

    6%

    5%

    4%

    3%

    2%

    1%

    0 0

    1

    2

    3

    4

    5

    6

    7

    8

    9

    10

    11

    12

    TechnologySolutions

    Concentrix Consolidated

    12%

    11%

    10%

    9%

    8%

    7%

    6%

    5%

    4%

    3%

    2%

    1%

    0

    +20 to 60 bps

    Outlook through FY 2017

    26© 2017, SYNNEX Corporation. All rights reserved.

  • Investment Highlights

    Seasoned Management with In-Depth Industry Experience

    Strong Track Record of Revenue Growth, Margin Expansion and Strategic Investments

    Superior Total Shareholder Return

    Customer-Centric Business Strategy Focused on Growth Markets

    Recognized Leadership in Customer Care BPO and Technology Distribution

    27

    © 2017, SYNNEX Corporation. All rights reserved.

  • Appendix

    28

    © 2017, SYNNEX Corporation. All rights reserved.

  • Use of Non-GAAP Financial Measures

    To supplement the financial results presented in accordance with GAAP, SYNNEX uses Adjusted operating

    income, Adjusted operating margin, and Adjusted Earnings Before Interest, Taxes, Depreciation and

    Amortization ("EBITDA"), which are non-GAAP financial measures that exclude the amortization of

    intangible assets, restructuring costs, acquisition-related and integration expenses and the related tax

    effects thereon. These non-GAAP measures provide investors with an additional tool to evaluate operating

    results. Because these non-GAAP measures are not calculated in accordance with GAAP, they may not

    necessarily be comparable to similarly titled measures employed by other companies. These non-GAAP

    financial measures should not be considered in isolation or as a substitute for the comparable GAAP

    measures, and should be read only in conjunction with the Company's consolidated financial statements

    prepared in accordance with GAAP.

    SYNNEX management uses the non-GAAP financial measures internally to understand, manage and

    evaluate the business, to establish operational goals, and in some cases for measuring performance for

    compensation purposes. SYNNEX management believes it is useful for the company and investors to

    review, as applicable, both GAAP information, and the non-GAAP measures in order to assess the

    performance of SYNNEX’ continuing businesses and for planning and forecasting in future periods. These

    non-GAAP measures are intended to provide investors with an understanding of SYNNEX’ operational

    results and trends that more readily enable investors to analyze SYNNEX' base financial and operating

    performance and to facilitate period-to-period comparisons and analysis of operational trends. The

    management of SYNNEX believes the non-GAAP financial measures are useful to investors in allowing for

    greater transparency with respect to supplemental information used by management in its financial and

    operational decision-making. A reconciliation of SYNNEX’ non-GAAP financial information to GAAP is set

    forth in the supplemental information table at the end of this presentation.

    29

    © 2017, SYNNEX Corporation. All rights reserved.

  • Definition of Non-GAAP Financial Measures

    Non-GAAP financial measures included in this presentation are:

    Adjusted operating income, which is operating income as adjusted to

    exclude acquisition-related and integration expenses, restructuring costs

    and the amortization of intangible assets.

    Adjusted operating margin, which is Adjusted operating income as defined

    above, divided by Revenue.

    Adjusted EBITDA, which is Adjusted operating income as defined above,

    plus depreciation.

    30

    © 2017, SYNNEX Corporation. All rights reserved.

  • Reconciliation of GAAP to Non-GAAP Financial Measures

    (Amounts in Thousands)

    LTM

    2011 2012 2013 2014 2015 2016 as of February 28, 2017

    Consolidated

    Revenue 10,409,840$ 10,285,507$ 10,845,164$ 13,839,590$ 13,338,397$ 14,061,837$ 14,457,084$

    Operating Income 256,228$ 255,012$ 240,828$ 308,507$ 354,552$ 379,596$ 405,729$

    Acquisition-related and other integration expenses - - 8,394 43,036 10,109 10,393 10,002

    Restructuring Charges - - - - - 4,255 4,255

    Amortization of intangibles 7,584 8,289 7,953 55,161 54,756 55,490 60,273

    Adjusted operating income 263,812$ 263,301$ 257,175$ 406,704$ 419,417$ 449,734$ 480,259$

    Depreciation expense 17,089 16,341 16,509 36,538 48,754 65,803 70,789

    Adjusted EBITDA 280,901$ 279,642$ 273,684$ 443,242$ 468,171$ 515,537$ 551,048$

    Operating margin 2.46% 2.48% 2.22% 2.23% 2.66% 2.70% 2.81%

    Adjusted operating margin 2.53% 2.56% 2.37% 2.94% 3.14% 3.20% 3.32%

    Technology Solutions

    Revenue 10,289,877$ 10,135,795$ 10,666,215$ 12,755,514$ 11,936,660$ 12,490,718$ 12,752,507$

    Operating income 246,610$ 248,924$ 237,290$ 305,499$ 302,950$ 315,485$ 328,235$

    Amortization of intangibles 4,038 3,882 3,912 3,538 2,630 2,657 2,660

    Adjusted operating income 250,648$ 252,806$ 241,202$ 309,037$ 305,580$ 318,142$ 330,895$

    GAAP operating margin 2.40% 2.46% 2.22% 2.40% 2.54% 2.53% 2.57%

    Adjusted operating margin 2.44% 2.49% 2.26% 2.42% 2.56% 2.55% 2.59%

    Concentrix

    Revenue 127,026$ 159,522$ 189,463$ 1,096,214$ 1,416,670$ 1,587,736$ 1,721,208$

    Operating income 9,618$ 6,376$ 3,249$ 2,455$ 51,127$ 63,877$ 77,332$

    Acquisition-related and other integration expenses - - 8,394 43,036 10,109 10,393 10,002

    Restructuring Charges - - - - - 4,255 4,255

    Amortization of intangibles 3,546 4,407 4,041 51,623 52,126 52,833 57,613

    Adjusted operating income 13,164$ 10,783$ 15,684$ 97,114$ 113,362$ 131,358$ 149,202$

    GAAP operating margin 7.57% 4.00% 1.71% 0.22% 3.61% 4.02% 4.49%

    Adjusted operating margin 10.36% 6.76% 8.28% 8.86% 8.00% 8.27% 8.67%

    Fiscal year ended November 30,

    31

    © 2017, SYNNEX Corporation. All rights reserved.

  • Calculation of Financial Metrics(Amounts in Thousands, except per share amounts)

    as of Feburary 28, 2017

    Working Capital Velocity

    Revenue (last twelve months) (a) 14,457,084$

    Average working capital

    Accounts receivable (last 5-quarters average) (b) 1,626,125$

    Inventories (last 5-quarters average) (c) 1,563,171

    Accounts payable (last 5-quarters average) (d) (1,468,567)

    Average working capital (e)=(b)+(c)+(d) 1,720,729$

    Working Capital Velocity (f)=(a)/(e) 8X

    Debt to Capitalization

    Total borrowings, excluding book overdraft (g) 1,006,485$

    Total equity (h) 2,038,219

    Debt to capitalization (i)=(g)/((g)+(h)) 33.1%

    Dividend Yield (Annualized)

    Per share dividend declared in the last twelve months (j) 0.90$

    Stock price (k) 116.92

    Dividend yield (annualized) (l)=(j)/(k) 0.8%

    The following table presents the calculation for working capital velocity, debt to capitalization ratio and dividend yield

    (Annualized).

    32

    © 2017, SYNNEX Corporation. All rights reserved.