Ingram Micro Holding Corporation (INGM) AI Stock Analysis

• Market Cap: $5.00B
• Dividend Yield: 0.7%
• Average Volume (3M): 371.16K
• Price to Earnings (P/E): 17.9
• Beta (1Y): 1.29
• Revenue Growth: 2.31%
• EPS Growth: -18.77%
• Country: US
• Employees: 23,500
• Sector: Technology
• Sector Strength: 91
• Industry: Information Technology Services
• EPS (TTM): 0.61
• Shares Outstanding: 234,837,000
• 10 Day Avg. Volume: 331,127
• 30 Day Avg. Volume: 371,160
• PEG Ratio: 3.17
• Price to Book (P/B): 1.23
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 15.97
• Enterprise Value/Market Cap: 0.96
• Enterprise Value/Revenue: 0.02
• Enterprise Value/Gross Profit: 1.40
• Enterprise Value/Ebitda: 1.06
• 1Y Price Target: $23.60
• Price Target Upside: 10.80% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 6

• Rating: 72 Outperform
• Price Target: $22.50 ▲(5.63%Upside)

Ingram Micro's overall stock score reflects stable financial performance and a positive earnings outlook, bolstered by strategic investments in technology and innovation. Technical indicators support a moderately bullish sentiment. However, recent corporate challenges, such as the ransomware attack, pose operational risks. The stock's valuation is fair, offering some income through dividends. The company's ability to navigate macroeconomic uncertainties and improve profitability margins will be key to future performance.

Positive Factors

Business Model Transformation

The Xvantage platform is dramatically shifting Ingram Micro’s business model from a legacy IT distributor to a technology platform with robust subscription and services offerings.

Geographic Expansion

Xvantage’s rollout has been impressive, now live in 21 countries and covering the majority of Ingram Micro’s revenue, with dormant partners returning and transacting at higher volumes.

Negative Factors

Earnings Risk

There is a moderate downside risk to the earnings per share estimates for the company.

Private Equity Ownership

Ingram Micro's high private equity ownership is viewed as an overhang, limiting the potential for its stock's multiple expansion.

Ingram Micro Holding Corporation Business Overview & Revenue Model

Company Description

Ingram Micro Holding Corporation, through its subsidiaries, engages in the provision of technology services and solutions to vendor, reseller, and retailer partners in North America, Europe, the Middle East, Africa, the Asia-Pacific, Latin America, and internationally. The company provides Ingram Micro Cloud Marketplace service portfolio that consists of third-party cloud-based services or subscription offerings through its Ingram Micro Xvantage platform, as well as offers training, ITAD, reverse logistics, repair and other related solutions, and financial solutions. It also provides client and endpoint solutions, including desktop personal computers, notebooks, tablets, printers, application software, peripherals, accessories, and Ingram Micro branded solutions, as well as components comprising hard drives, motherboards, video cards, etc. for corporate and individual end users. In addition, the company offers enterprise grade hardware and software products, such as servers, storage, networking, infrastructure hardware and software, and hybrid and software-defined solutions, as well as cybersecurity, power and cooling, and virtualization solutions; and DC/POS, physical security, audio visual and digital signage, UCC and telephony, smart office/home automation, and artificial intelligence products. Further, it provides third-party cloud-based services and subscriptions, including business applications, security, communications and collaboration, cloud enablement solutions, and infrastructure-as-a-service solutions; and operates CloudBlue digital commerce platform that offers multi-channel and multi-tier catalog management, subscription management, billing, and orchestration solutions through a SaaS model. The company was founded in 1979 and is headquartered in Irvine, California.

How the Company Makes Money

Ingram Micro makes money primarily through its IT distribution and supply chain services. The company acts as an intermediary between technology manufacturers and resellers, purchasing products in bulk from manufacturers and selling them to businesses and retailers. This distribution model allows Ingram Micro to benefit from economies of scale. Additionally, the company generates revenue from value-added services, including logistics and warehousing, cloud services, and IT support. Ingram Micro's strategic partnerships with leading technology companies enhance its product offerings and market reach, further contributing to its revenue streams.

Ingram Micro Holding Corporation Financial Statement Overview

Summary

Ingram Micro demonstrates stable financial performance with consistent revenue growth and operational efficiency. The company maintains low leverage and a sound equity structure, but profitability margins like net profit margin remain low, indicating potential areas for improvement. Cash flow performance is robust, with positive free cash flow growth, though there is a need to enhance cash conversion efficiency.

Income Statement

Ingram Micro Holding Corporation shows a stable financial performance with a moderate gross profit margin of 7.02% and a net profit margin of 0.57% for the TTM. The company experienced a slight revenue growth of 1.95% from the previous year. EBIT and EBITDA margins are 1.72% and 2.29% respectively, indicating operational efficiency. However, the net profit margin is relatively low, suggesting room for improvement in cost management or pricing strategy.

Balance Sheet

The company's balance sheet reflects a stable financial position with a debt-to-equity ratio of 0.24, indicating low leverage compared to equity. The return on equity (ROE) is 7.23%, which suggests moderate profitability in relation to shareholders' equity. The equity ratio is 20.73%, showing a reasonable proportion of equity financing. The balance sheet suggests a sound financial structure but highlights potential risks associated with relatively low equity levels.

Cash Flow

Cash flow analysis reveals a 55.56% growth in free cash flow, indicating improved cash generation. The operating cash flow to net income ratio is 0.84, suggesting the company is converting a significant portion of its income into cash. However, the free cash flow to net income ratio of 1.06 is slightly above 1, indicating reliance on cash reserves or financing for capital expenditure. The overall cash flow position is positive, with some areas for improvement in cash conversion efficiency.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2019
Income Statement
Total Revenue	47.98B	48.04B	50.82B	54.46B	47.20B
Gross Profit	3.44B	3.55B	3.69B	4.11B	3.35B
EBITDA	1.10B	1.19B	3.43B	1.15B	892.50M
Net Income	264.22M	352.71M	2.39B	366.11M	503.62M
Balance Sheet
Total Assets	18.78B	18.42B	19.09B	19.80B	15.47B
Cash, Cash Equivalents and Short-Term Investments	918.40M	948.49M	1.32B	1.23B	671.82M
Total Debt	3.82B	4.40B	4.79B	5.16B	1.48B
Total Liabilities	15.05B	14.91B	16.03B	17.10B	10.80B
Stockholders Equity	3.73B	3.51B	3.06B	2.69B	4.67B
Cash Flow
Free Cash Flow	191.14M	-142.71M	-496.89M	-1.29B	392.89M
Operating Cash Flow	333.84M	58.82M	-361.11M	-1.16B	561.67M
Investing Cash Flow	105.54M	-17.71M	3.03B	-111.88M	-173.40M
Financing Cash Flow	-391.30M	-477.94M	-2.47B	1.58B	-252.43M

Ingram Micro Holding Corporation Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
WNS	78 Outperform	$3.21B	19.92	21.24%	―	1.94%	26.19%
CNXC	76 Outperform	$3.82B	16.62	5.59%	2.20%	11.31%	-16.02%
INGM	72 Outperform	$5.00B	17.90	7.61%	0.70%	2.31%	-18.77%
SAIC	72 Outperform	$5.38B	16.08	21.63%	1.29%	3.39%	-16.78%
DXC	67 Neutral	$2.60B	6.79	12.88%	―	-5.82%	469.88%
Sector *	57 Neutral	HK$14.36B	5.83	-5.77%	4.76%	9.65%	-43.80%
KD	52 Neutral	$9.05B	37.78	22.47%	―	-8.20%	―

Ingram Micro Holding Corporation Corporate Events

Ingram Micro Faces Ransomware Attack, Investigates Impact

On July 5, 2025, Ingram Micro Holding Corporation announced it had identified a ransomware attack on certain internal systems. The company responded by securing the affected environment, taking systems offline, and launching an investigation with cybersecurity experts while notifying law enforcement. Efforts are underway to restore systems to resume processing and shipping orders, with an apology issued for any disruptions caused to customers and partners.

The most recent analyst rating on (INGM) stock is a Buy with a $30.00 price target. To see the full list of analyst forecasts on Ingram Micro Holding Corporation stock, see the INGM Stock Forecast page.

Ingram Micro Reduces Loan Interest Rate by 50 Bps

On June 17, 2025, Ingram Micro Inc., a subsidiary of Ingram Micro Holding Corporation, amended its Term Loan Credit Agreement to reduce the interest rate by 50 basis points. This amendment, involving JPMorgan Chase Bank as the administrative agent, allows the borrower to choose between an adjusted Term SOFR plus an applicable margin of 225 bps or the base rate plus an applicable margin of 125 bps, potentially improving the company’s financial flexibility.

The most recent analyst rating on (INGM) stock is a Buy with a $30.00 price target. To see the full list of analyst forecasts on Ingram Micro Holding Corporation stock, see the INGM Stock Forecast page.

Ingram Micro’s Virtual Annual Stockholders’ Meeting Results

On June 4, 2025, Ingram Micro Holding Corporation conducted its annual stockholders’ meeting virtually, where four key proposals were voted upon. The stockholders elected four directors to serve until 2028, approved the executive compensation on an advisory basis, decided on an annual frequency for future advisory votes on executive compensation, and ratified PricewaterhouseCoopers LLP as the independent registered public accounting firm for fiscal year 2025.

The most recent analyst rating on (INGM) stock is a Buy with a $30.00 price target. To see the full list of analyst forecasts on Ingram Micro Holding Corporation stock, see the INGM Stock Forecast page.

Ingram Micro Announces Dividend Increase and Strong Q1 Results

On May 8, 2025, Ingram Micro announced a cash dividend increase and reported strong fiscal first-quarter results, with net sales of $12.3 billion, an 8.3% increase over the previous year. Despite a decrease in gross margin due to a shift in sales mix, the company achieved a net income of $69.2 million and a non-GAAP net income of $144.2 million. The company repaid $125 million of term loans and used $200.4 million in operations. Ingram Micro’s strategic investments in innovation and automation are expected to drive future growth, with a focus on leveraging its Xvantage platform to enhance partner capabilities.