INGM Stock Analysis: Ingram Micro Holding | NYSE
Information Technology Services | NYSE, USA | Market Cap: 6.343m USD | 12M Return: 42.2% | US4571521065 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 23.6M
Qual. Beats: 0
Rev. Trend: 90.2%
Qual. Beats: 2
Warnings
Tailwinds
Seasonality 1.8 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Ingram Micro Holding Corporation (NYSE: INGM) is a global IT distributor headquartered in Irvine, California, founded in 1979. The company distributes IT hardware, software, cloud services, and related solutions to a broad channel of resellers, retailers, integrators, and service providers across the Americas, Europe, the Middle East, Africa, and Asia-Pacific.
Its product portfolio spans client and endpoint devices (PCs, notebooks, tablets, printers, and mobile hardware), enterprise infrastructure (servers, storage, networking, cybersecurity, and power/cooling), and emerging categories such as unified communications, smart office/home automation, and point-of-sale solutions. Ingram Micro also resells third-party cloud services and subscriptions, and provides adjacent offerings including IT asset disposition, reverse logistics, repair, and financing.
The company operates in the technology distribution sub-industry of the Information Technology sector, a business model characterized by low single-digit gross margins and high asset turnover, where distributors earn revenue by purchasing from manufacturers in volume and reselling to a fragmented channel. The industry has been shifting toward recurring cloud and services revenue, which now sits alongside traditional hardware distribution as a core growth area. Ingram Micro went public on October 24, 2024, and is classified as a mid-cap stock with a market capitalization of approximately $6.86 billion USD.
- Cloud platform services revenue drives recurring margin expansion
- Tariff exposure on China-sourced IT hardware pressures margins
- TD Synnex competition pressures pricing across distribution channels
| Net Income: 430.6m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.01 > 0.02 and ΔFCF/TA 2.03 > 1.0 |
| NWC/Revenue: 7.80% < 20% (prev 9.28%; Δ -1.48% < -1%) |
| CFO/TA -0.00 > 3% & CFO -96.6m > Net Income 430.6m |
| Net Debt (3.88b) to EBITDA (1.30b): 2.98 < 3 |
| Current Ratio: 1.31 > 1.5 & < 3 |
| Outstanding Shares: last quarter (232.2m) vs 12m ago -1.15% < -2% |
| Gross Margin: 6.65% > 18% (prev 6.87%; Δ -0.23% > 0.5%) |
| Asset Turnover: 273.2% > 50% (prev 258.0%; Δ 15.23% > 0%) |
| Interest Coverage Ratio: 3.22 > 6 (EBIT TTM 970.4m / Interest Expense TTM 301.8m) |
| A: 0.20 (Total Current Assets 18.5b - Total Current Liabilities 14.2b) / Total Assets 21.5b |
| B: 0.08 (Retained Earnings 1.75b / Total Assets 21.5b) |
| C: 0.05 (EBIT TTM 970.4m / Avg Total Assets 20.5b) |
| D: 0.25 (Book Value of Equity 4.28b / Total Liabilities 17.2b) |
| Altman-Z'' = 2.17 = BBB |
| DSRI: 1.05 (Receivables 10.7b/9.15b, Revenue 56.0b/50.2b) |
| GMI: 1.03 (GM 6.87% / 6.65%) |
| AQI: 0.91 (AQ_t 0.10 / AQ_t-1 0.11) |
| SGI: 1.12 (Revenue 56.0b / 50.2b) |
| TATA: 0.02 (NI 430.6m - CFO -96.6m) / TA 21.5b) |
| Beneish M = -2.93 (Cap -4..+1) = A |
As of August 24, 2026, the stock is trading at USD 27.50 with a total of 545,075 shares traded. Over the past week, the price has changed by -3.68%, over one month by -6.71%, over three months by +2.55% and over the past year by +42.22%.
Current recommended Stop Loss: 26.10 (which is 5.1% or 1.4 ATR below the current price).
Ingram Micro Holding has received a consensus analysts rating of 4.07. Therefore, it is recommended to buy INGM.
- StrongBuy: 6
- Buy: 4
- Hold: 5
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 33.2 | 20.6% |
P/E Trailing = 15.0273
P/E Forward = 9.4787
P/S = 0.1133
P/B = 1.482
Revenue TTM = 56.0b USD
EBIT TTM = 970.4m USD
EBITDA TTM = 1.30b USD
Long Term Debt = 2.56b USD (from longTermDebt, last quarter)
Short Term Debt = 1.34b USD (from shortTermDebt, last quarter)
Debt = 4.69b USD (from shortLongTermDebtTotal, last quarter) + Leases 446.7m
Net Debt = 3.88b USD (calculated: Debt 4.69b - CCE 809.0m)
Enterprise Value = 10.2b USD (6.34b + Debt 4.69b - CCE 809.0m)
Interest Coverage Ratio = 3.22 (Ebit TTM 970.4m / Interest Expense TTM 301.8m)
EV/FCF = -44.14x (Enterprise Value 10.2b / FCF TTM -231.6m)
FCF Yield = -2.27% (FCF TTM -231.6m / Enterprise Value 10.2b)
FCF Margin = -0.41% (FCF TTM -231.6m / Revenue TTM 56.0b)
Net Margin = 0.77% (Net Income TTM 430.6m / Revenue TTM 56.0b)
Gross Margin = 6.65% ((Revenue TTM 56.0b - Cost of Revenue TTM 52.3b) / Revenue TTM)
Gross Margin QoQ = 6.60% (prev 6.63%)
Tobins Q-Ratio = 0.47 (Enterprise Value 10.2b / Total Assets 21.5b)
Interest Expense / Debt = 6.44% (Interest Expense 301.8m / Debt 4.69b)
Taxrate = 35.60% (238.0m / 668.6m)
NOPAT = 624.9m (EBIT 970.4m * (1 - 35.60%))
Current Ratio = 1.31 (Total Current Assets 18.5b / Total Current Liabilities 14.2b)
Debt / Equity = 1.10 (Debt 4.69b / totalStockholderEquity, last quarter 4.28b)
Debt / EBITDA = 2.98 (Net Debt 3.88b / EBITDA 1.30b)
Debt / FCF = -16.75 (negative FCF - burning cash) (Net Debt 3.88b / FCF TTM -231.6m)
Total Stockholder Equity = 4.21b (last 4 quarters mean from totalStockholderEquity)
RoA = 2.10% (Net Income 430.6m / Total Assets 21.5b)
RoE = 10.23% (Net Income TTM 430.6m / Total Stockholder Equity 4.21b)
RoCE = 14.34% (EBIT 970.4m / Capital Employed (Equity 4.21b + L.T.Debt 2.56b))
RoIC = 7.92% (NOPAT 624.9m / Invested Capital 7.89b)
WACC = 7.83% (E(6.34b)/V(11.0b) * Re(10.56%) + D(4.69b)/V(11.0b) * Rd(6.44%) * (1-Tc(0.36)))
Discount Rate = 10.56% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -46.67 | Cagr: -0.49%
[DCF] Fair Price = unknown (Cash Flow -231.6m)
EPS Correlation: N/A | EPS CAGR: N/A | SUE: 0.50 | # QB: 0
Revenue Correlation: 90.19 | Revenue CAGR: 5.76% | SUE: 2.16 | # QB: 2
EPS current Quarter (2026-09-30): EPS=0.77 | Chg30d=+3.91% | Revisions=+62% | Analysts=13
EPS current Year (2026-12-31): EPS=3.37 | Chg30d=+2.88% | Revisions=+81% | GrowthEPS=+16.3% | GrowthRev=+10.3%
EPS next Year (2027-12-31): EPS=3.77 | Chg30d=+2.34% | Revisions=+80% | GrowthEPS=+11.8% | GrowthRev=+3.5%
[Analyst] Revisions Ratio: +87% (up=34, down=1)