Ingram Micro Holding Corporation (INGM) AI Stock Analysis

• Market Cap: $4.58B
• Dividend Yield: 0.78%
• Average Volume (3M): 417.77K
• Price to Earnings (P/E): 16.9
• Beta (1Y): 1.30
• Revenue Growth: 4.94%
• EPS Growth: -18.43%
• Country: US
• Employees: 23,500
• Sector: Technology
• Sector Strength: 89
• Industry: Information Technology Services
• EPS (TTM): 0.61
• Shares Outstanding: 234,844,000
• 10 Day Avg. Volume: 514,411
• 30 Day Avg. Volume: 417,766
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: 1.78
• Enterprise Value/Revenue: 0.16
• Enterprise Value/Gross Profit: 2.37
• Enterprise Value/Ebitda: 7.54
• 1Y Price Target: $23.36
• Price Target Upside: 21.54% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 8

• Rating: 63 Neutral
• Price Target: $21.50 ▲(11.86% Upside)

Ingram Micro's overall stock score reflects moderate financial performance with challenges in profitability and cash flow. The earnings call provided a positive outlook with strong sales growth, but technical indicators suggest potential short-term weakness. Corporate events indicate strategic adjustments that may enhance financial flexibility.

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.

Dividends and Divestitures

INGM raised the dividend and divested assets related to an underperforming operation, which shows a focus on strengthening core business areas.

Revenue Growth

Net revenue increased 10.9% year-over-year as reported to $12.8 billion, above the high end of guidance and 7% ahead of consensus.

Negative Factors

Competitive Performance

SNX outperforms INGM on key metrics such as growth, FCF conversion, and margins, which contributes to our relative ranking of the two.

Earnings Risk

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

Ransomware Impact

F3Q revenue guide was sub-seasonal given uncertainty around the exact impact from the ransomware incident and slower growth expected in client and end-point devices.

Ingram Micro Holding Corporation Business Overview & Revenue Model

Company Description

Ingram Micro Holding Corporation (INGM) is a global leader in technology and supply chain services, specializing in providing a comprehensive range of information technology products and services. The company operates in various sectors including cloud services, data center solutions, mobility, and cybersecurity, catering to a diverse clientele that includes resellers, retailers, and enterprise customers. Ingram Micro's core offerings encompass distribution of IT products, logistics services, and technology solutions designed to help businesses enhance their operational efficiencies and drive digital transformation.

How the Company Makes Money

Ingram Micro generates revenue through multiple key streams, primarily from the distribution of technology products, including hardware and software solutions from leading technology manufacturers. The company earns significant income from value-added services such as logistics, supply chain management, and technical support, which enhance the value proposition for its clients. Additionally, Ingram Micro has developed a strong presence in the cloud services market, providing cloud-based solutions and services that contribute to recurring revenue. Strategic partnerships with major technology vendors and a vast network of resellers also play a crucial role in driving sales. Furthermore, the company capitalizes on its global reach and operational scale to optimize pricing and fulfillment efficiency, ultimately contributing to its overall profitability.

Ingram Micro Holding Corporation Financial Statement Overview

Summary

Ingram Micro Holding Corporation demonstrates stable financial performance with consistent revenue growth and effective cash flow management. While profitability margins are moderate, the company maintains a healthy balance sheet with manageable leverage. The overall financial health is robust, with opportunities for enhancing profitability and equity returns.

Income Statement

Ingram Micro Holding Corporation shows a stable revenue base with a slight growth in the TTM period compared to the previous year. The gross profit margin is healthy at approximately 7.02% for TTM, indicating efficient cost management. However, net profit margin is relatively low at 0.57%, suggesting room for improvement in operational efficiency. EBIT and EBITDA margins are moderate at 1.72% and 2.29% respectively, reflecting consistent operational performance.

Balance Sheet

The company's balance sheet indicates a moderate debt-to-equity ratio of 0.24, showing a manageable level of leverage. Return on equity is modest at 7.24%, suggesting moderate profitability relative to shareholder equity. The equity ratio stands at 20.73%, indicating a reasonable proportion of equity financing. Overall, the balance sheet reflects a stable financial position with potential for improved equity returns.

Cash Flow

Cash flow analysis reveals a positive free cash flow growth rate of 55.51% in the TTM period, indicating improved cash generation. The operating cash flow to net income ratio is 0.84, which is satisfactory, showing that a significant portion of net income is converted into cash. The free cash flow to net income ratio is 1.06, highlighting effective cash management. Overall, cash flow stability is evident with positive trends.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2019
Income Statement
Total Revenue	50.18B	47.98B	48.04B	50.82B	54.46B	47.20B
Gross Profit	3.45B	3.44B	3.55B	3.69B	4.11B	3.35B
EBITDA	1.08B	1.10B	1.19B	3.43B	1.15B	892.50M
Net Income	267.10M	264.22M	352.71M	2.39B	366.11M	503.62M
Balance Sheet
Total Assets	19.45B	18.78B	18.42B	19.09B	19.80B	15.47B
Cash, Cash Equivalents and Short-Term Investments	856.67M	918.40M	948.49M	1.32B	1.23B	671.82M
Total Debt	4.18B	3.82B	4.40B	4.79B	5.16B	1.48B
Total Liabilities	15.41B	15.05B	14.91B	16.03B	17.10B	10.80B
Stockholders Equity	4.05B	3.73B	3.51B	3.06B	2.69B	4.67B
Cash Flow
Free Cash Flow	-41.09M	191.14M	-142.71M	-496.89M	-1.29B	392.89M
Operating Cash Flow	32.92M	333.84M	58.82M	-361.11M	-1.16B	561.67M
Investing Cash Flow	175.19M	105.54M	-17.71M	3.03B	-111.88M	-173.40M
Financing Cash Flow	192.34M	-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	79 Outperform	$3.21B	20.01	21.23%	―	1.94%	26.15%
SAIC	74 Outperform	$5.50B	16.43	21.63%	1.26%	3.39%	-16.78%
CNXC	70 Outperform	$3.04B	13.23	5.59%	2.76%	11.31%	-16.02%
DXC	68 Neutral	$2.45B	6.68	12.60%	―	-4.93%	497.03%
INGM	63 Neutral	$4.58B	16.90	7.11%	0.78%	4.94%	-18.43%
Sector *	61 Neutral	$36.30B	7.30	-7.27%	1.97%	7.76%	-6.42%
KD	47 Neutral	$6.93B	24.51	26.55%	―	-3.44%	―

Ingram Micro Holding Corporation Corporate Events

Ingram Micro Reports Strong Q2 2025 Amid Challenges

Ingram Micro reported a strong fiscal second quarter for 2025, with net sales reaching $12.8 billion, a 10.9% increase from the previous year, driven by growth across all geographic segments. Despite a ransomware attack in July, the company’s resilience and digital platform Xvantage helped maintain operations. The company also announced a quarterly dividend increase and plans to divest two non-core businesses in the third quarter, which may impact their financial strategy and stakeholder interests.

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 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.