Ingram Micro Holding Corporation (INGM) AI Stock Analysis

• Market Cap: $4.63B
• Dividend Yield: 1.14%
• Average Volume (3M): 336.74K
• Price to Earnings (P/E): 17.3
• Beta (1Y): 1.30
• Revenue Growth: 4.94%
• EPS Growth: -18.43%
• Country: US
• Employees: 23,500
• Sector: Technology
• Sector Strength: 84
• Industry: Information Technology Services
• EPS (TTM): 0.61
• Shares Outstanding: 234,844,000
• 10 Day Avg. Volume: 225,285
• 30 Day Avg. Volume: 336,742
• 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: 1.76
• Enterprise Value/Revenue: 0.16
• Enterprise Value/Gross Profit: 2.37
• Enterprise Value/Ebitda: 7.54
• 1Y Price Target: $23.67
• Price Target Upside: 18.23% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 7

• Rating: 63 Neutral
• Price Target: $20.50 ▲(2.40% Upside)

Ingram Micro's overall stock score reflects moderate financial performance with challenges in profitability and cash flow, balanced by reasonable valuation and positive corporate events. Technical indicators suggest potential bearish momentum, while the earnings call provides cautious optimism for future growth.

Positive Factors

Dividend and Asset Management

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

Market Positioning

Despite near-term headwinds, INGM is well positioned vs. peers to navigate this environment while trading meaningfully below competitor TD Synnex.

Platform Innovation

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.

Negative Factors

Earnings Risk

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

Margin Pressure

Gross margin and adjusted operating income margin declined by 60 basis points and 70 basis points year-over-year, respectively.

Revenue Guidance Concerns

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, 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 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 Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 20.02
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For INGM, the sentiment is Positive. The current price of 20.02 is above the 20-day moving average (MA) of 19.42, below the 50-day MA of 20.05, and below the 200-day MA of 20.07, indicating a neutral trend. The MACD of -0.05 indicates Negative momentum. The RSI at 54.84 is Neutral, neither overbought nor oversold. The STOCH value of 61.47 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for INGM.

Ingram Micro Holding Corporation Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
WNS	76 Outperform	$3.23B	20.11	21.23%	―	1.94%	26.15%
DXC	71 Outperform	$2.60B	7.21	12.60%	―	-4.93%	497.03%
CNXC	71 Outperform	$3.31B	14.40	5.59%	2.47%	11.31%	-16.02%
INGM	63 Neutral	$4.63B	17.32	7.11%	1.14%	4.94%	-18.43%
Sector *	61 Neutral	$35.52B	8.84	-11.06%	1.87%	8.55%	-8.14%
SAIC	60 Neutral	$4.98B	13.80	25.40%	1.41%	2.23%	48.38%
KD	48 Neutral	$7.34B	26.78	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.

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.

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.

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.