Ingram Micro Holding Corporation (INGM) AI Stock Analysis

• Market Cap: $5.13B
• Dividend Yield: 1.39%
• Average Volume (3M): 308.35K
• Price to Earnings (P/E): 18.4
• Beta (1Y): 1.28
• Revenue Growth: 2.31%
• EPS Growth: -18.77%
• Country: US
• Employees: 23,500
• Sector: Technology
• Sector Strength: 87
• Industry: Information Technology Services
• EPS (TTM): 0.61
• Shares Outstanding: 234,837,000
• 10 Day Avg. Volume: 335,351
• 30 Day Avg. Volume: 308,349
• PEG Ratio: 3.15
• Price to Book (P/B): 1.22
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 15.89
• Enterprise Value/Market Cap: 0.93
• Enterprise Value/Revenue: 0.02
• Enterprise Value/Gross Profit: 1.39
• Enterprise Value/Ebitda: 1.05
• 1Y Price Target: $23.00
• Price Target Upside: 5.31% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 6

• Rating: 73 Outperform
• Price Target: $21.50 ▼(-1.56%Downside)

Ingram Micro's overall stock score reflects strong financial health with solid revenue growth and strategic investments in technology driving optimism. Challenges like low net profit margins and macroeconomic uncertainties are offset by positive earnings call insights and reasonable valuation metrics.

Positive Factors

Dividend and Debt Management

Ingram Micro raised the dividend to $0.076 and repaid an incremental $125 million in debt.

Earnings Performance

Ingram Micro reported strong F1Q25 earnings results, beating Street revenue and EPS estimates.

Operational Efficiencies

Xvantage brings significant operating efficiencies, eliminating tedious tasks and resulting in over $200 million in operating expense savings.

Negative Factors

Analyst Recommendation

The analyst's recommendation for the stock has been downgraded from 'Overweight' to 'Equal-weight'.

Ownership Structure

Ingram Micro's approximately 90% private equity ownership remains an overhang, limiting the potential for its stock's multiple expansion.

Stock Valuation

The price-to-earnings overhang is expected to continue limiting the company's potential for multiple expansion.

Ingram Micro Holding Corporation Business Overview & Revenue Model

Company Description

Ingram Micro Holding Corporation (INGM) operates as a global leader in technology and supply chain services. The company provides a comprehensive range of IT solutions and services to businesses of all sizes, including IT distribution, logistics services, and cloud solutions. Ingram Micro serves a diverse clientele that spans various sectors such as technology, retail, and finance, offering products ranging from hardware and software to advanced digital solutions.

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 Holding Corporation maintains a stable financial position with a moderate net profit margin of 0.57% and a low debt-to-equity ratio of 0.24. Revenue growth is consistent, and there is a significant improvement in free cash flow. However, low profitability margins and the need for better cash conversion efficiency are areas for improvement.

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	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2019
Income Statement
Total Revenue	48.92B	47.98B	48.04B	50.82B	54.46B	47.20B
Gross Profit	3.43B	3.44B	3.55B	3.69B	4.11B	3.35B
EBITDA	1.12B	1.10B	1.19B	3.43B	1.15B	892.50M
Net Income	279.48M	264.22M	352.71M	2.39B	366.11M	503.62M
Balance Sheet
Total Assets	18.63B	18.78B	18.42B	19.09B	19.80B	15.47B
Cash, Cash Equivalents and Short-Term Investments	881.64M	918.40M	948.49M	1.32B	1.23B	671.82M
Total Debt	929.98M	3.82B	4.40B	4.79B	5.16B	1.48B
Total Liabilities	14.77B	15.05B	14.91B	16.03B	17.10B	10.80B
Stockholders Equity	3.86B	3.73B	3.51B	3.06B	2.69B	4.67B
Cash Flow
Free Cash Flow	297.23M	191.14M	-142.71M	-496.89M	-1.29B	392.89M
Operating Cash Flow	233.66M	333.84M	58.82M	-361.11M	-1.16B	561.67M
Investing Cash Flow	139.72M	105.54M	-17.71M	3.03B	-111.88M	-173.40M
Financing Cash Flow	-298.04M	-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	76 Outperform	$3.03B	16.83	21.21%	―	-0.64%	30.96%
SAIC	74 Outperform	$5.56B	16.60	21.63%	1.25%	3.39%	-16.78%
CNXC	73 Outperform	$3.65B	15.69	5.59%	2.33%	11.31%	-16.02%
INGM	73 Outperform	$5.13B	18.35	7.61%	1.39%	2.31%	-18.77%
DXC	70 Outperform	$2.96B	7.71	12.88%	―	-5.82%	469.88%
Sector *	57 Neutral	$1.15B	27.35	-27.06%	10.34%	10.83%	-5.57%
KD	52 Neutral	$10.05B	41.92	22.47%	―	-8.20%	―

Ingram Micro Holding Corporation Corporate Events

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.